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The Best Litecoin Casinos

Bitcoin's Little Brother Has A Big Casino Scene!

Litecoin (LTC) is a cryptocurrency that was developed as a fork of Bitcoin. It quickly garnered a reputation as “the silver to Bitcoin’s gold”.

LTC has many similarities to Bitcoin in that it is a peer-to-peer electronic payment system that is open-sourced with security derived from its “Proof of Work” mining algorithm. Litecoin can also be traded on cryptocurrency exchanges and used for online for gambling – even having a number of advantages over its Bitcoin sibling.

It differs from BTC with some key improvements such as a proof-of-work system that uses a “more secure” scrypt hashing function as opposed to SHA-256. Its block time (2.5 minutes) is 4 times faster than Bitcoin’s (10 minutes) and it has a total of 84 million coins compared to Bitcoins 21 million coin supply.

Established in October 2011, Litecoin was one of the first “altcoins” to be released with much success. Even today, LTC remains one of the leading contenders in the crypto space with a market valuation of over 1 billion USD. Its popularity is largely due to its unique aspects such as speedy transaction processes, transparent monetary policy and scarcity as well as its ability to handle large transaction volumes.

Further to this, transaction fees are low, making it a great transaction tool especially for Litecoin gambling.

Dozens of online casinos are starting to adopt Litecoin as a transaction method due to these mentioned factors. Casinos like Bovegas, DuckDice, Stake.com, Bitstarz and 1xBit are all on board the Litecoin gambling train.

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Top Litecoin Casinos December, 2024

Litecoin is a fantastically popular cryptocurrency for gamblers largely because of its low cost and fast transaction times. These casinos below all accept Litecoin deposits!

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Why use Litecoin for gambling?

Litecoin gambling has seen significant growth over recent years. More and more online casinos are adopting the coin as a preferred method of payment thus making it increasingly popular amongst crypto-gamblers and the reasons for this are obvious.

Litecoin was largely developed to address the speed and scalability issues that hampered Bitcoin. LTC betting offers a speedy transaction process that takes 2.5 minutes compared to Bitcoins 10 minutes. This allows Litecoin players to move their money to where it is the most useful very quickly. For example, if a bettor wants to place an in-game bet at a crypto casino where time is of the essence, Litecoin is a great form of money.

Transactions using LTC offer very low fees making it a cost-effective way to gamble. These fee savings can be used for extra betting value, particularly for those playing at the lower stakes.

Lastly a major reason that LTC online gambling has become so popular is that while it holds similar volatility as Bitcoin it does not hold the same value. Litecoin gamblers are able to place best with a cryptocurrency that is lower in price. Often gamblers are reluctant to let go of Bitcoin as it is of high value (and perceived future value), opting instead to use LTC for their gambling adventure and lowering the risk of big losses.

Litecoin Casino Reviews

Some of the best casinos in the cryptocurrency gambling industry offer LTC deposits and withdrawals. These Litecoin casino reviews are rated for their game selection, user experience, security and support (among other things).

Top 5 Litecoin Casino Reviews

Getting Started at a Litecoin Casino

Making an LTC deposit at your chosen casino couldn’t be easier. If you’re at all familiar with Bitcoin deposits and withdrawals then Litecoin is practically the same. For those new to Litecoin or cryptocurrencies in general, here’s a quick guide to getting yourself setup:

Download a Litecoin Wallet

In cryptocurrency land, a wallet is a piece of software that stores your funds. Different cryptocurrencies have different wallets and some wallets support multiple different cryptocurrencies. Fortunately for Litecoin bettors, there are a whole host of Litecoin wallets available to gamblers.

To help make your decision easier, the type of wallet best for gamblers are web wallets and desktop wallets. However, those looking to bet a mobile crypto casino will find the experience a little easier with a mobile wallet.

For now, you can ignore Litecoin’s hardware wallets (ultra secure and difficult to use day-to-day) or lightning wallets (there are currently very few lightning casinos available).

Buy Litecoin

To gamble with Litecoin you have to own Litecoin. Visit any of the top Litecoin exchanges and make a purchase of your choosing. Some of the most well respected exchanges for buying Litecoin include:

  • Coinbase (and Coinbase Pro)
  • OKEx
  • Binance
  • Huobi

Those residing in the United States can make a purchase at either Coinbase or Binance’s US subsidiary, “Binance US”. Players from anywhere else in the world can typically use any one of those Litecoin exchanges listed above.

Depositing LTC at your Casino

With a wallet chosen, funds purchased and a casino account registered, it’s time to make a deposit! Load up your casino’s Litecoin wallet and find its address. You can now copy that address and paste it into the send field of your LTC transaction.

Before making the deposit, be sure that you’re sending the transaction from the wallet software that you’ve just downloaded. Many users opt to interact with their casino directly from their exchange wallet but this is not recommended. The reason we advise against this is that some exchanges do not want to associate themselves with gambling. In these instances, exchanges have been known to close accounts relating to casinos and sportsbooks.

With your Litecoin transaction now sent from your brand new Litecoin wallet, the casino should receive your funds in approximately 2.5 minutes – not bad! You can always follow your transaction at a Litecoin blockchain explorer like Blockchair.com.

Litecoin FAQs

Is it possible to bet with Litecoin?

Most definitely. Most online casinos accept LTC as a payment method. While there are a growing number of Litecoin casinos that will allow gamblers to play using Litecoin, eg. Stake.com and even to withdraw with LTC, some may require that Litecoin deposits are exchanged into more stable fiat currencies lie USD or EUR.

Casino chips are another popular exchange for the likes of currencies like Litecoin to enjoy inhouse gambling.

Which casinos accept Litecoin?

We have provided a comprehensive list above for your perusal. There are also an ever-growing list of new Litecoin casinos. The Bitcoin Strip will continue to add to their abundant list as new LTC casinos become available

Some of our favorite LTC casinos include Stake.com, Bitsler and Cryptowild.

Is Litecoin better than Bitcoin for gambling?

Every coin has its added benefit as to why it is a good online gambling solution. Litecoin is no different and brings great advantages to using it for gambling online. As we mentioned LTC offers excellent transaction turnaround times. Which allows for fast in the moment betting and being able to move money around quickly.

Fees are low as well as it holding a lower value than its BTC counterpart. These aspects are attractive to online LTC gamblers because the money spent is lower and so is the risk.

For gamblers who like a little bit more of a thrill, Bitcoin gambling may appear more as the stakes and risks are that much higher.

Published by Nick Hawke

About the author

Nick is the CEO and founder of The Bitcoin Strip and has reviewed and written about Bitcoin casinos, sportsbooks and poker rooms for 9 years. He first entered the Bitcoin gambling market in 2011 following a widespread closure of poker rooms in the US.

Last updated by Jen Van Lier on April 29, 2021

About the editor

As website manager, Jen contributes reviews and updates to The Bitcoin Strip on a daily basis. Jen worked in the casino industry for 9 years before focusing on Bitcoin in 2016. She writes on subjects ranging from traditional slots all the way through to unique Bitcoin games, provable fairness and Ethereum smart contract gambling.
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