Litecoin Casino Sites
Litecoin is another of the leading cryptocurrencies, which you can use at online casinos. It is building a strong name for itself on the market alongside bitcoin and Ethereum.
Litecoin is an open source platform, and features a similar structure to bitcoin, incorporating wallets and mining. Let’s take a closer look at how Litecoin actually works, where you can gamble with it, and more.
How Does Litecoin Work?: You can buy and sell Litecoin on the same exchanges as used with bitcoin, such as BTC-E and CoinBase. You can store your Litecoin in a wallet too, either in the cloud or downloaded to your hard drive.
Litecoin users remain anonymous when spending it, and most casinos ask for just your email address when you sign up (unless they let you play without registering at all). You can make deposits to your wallet by sending coins to your own ID, taken from the casino site itself.
Litecoin is mined like bitcoin, with miners solving the numerous mathematical puzzles getting a portion of Litecoins as a reward (25). Miners’ rewards are halved every four years, and eventually they will become transaction fees instead.
Two casinos accessible by UK players accept Litecoin at present. One is 1xBit. This is a huge online gambling site, featuring a sportsbook and an extensive casino. Many other cryptocurrencies are accepted by 1xBit too, making it something of a must-visit for fans.
CryptoGames.io is another Litecoin casino, though it’s on a smaller scale. There are no games developed by leading companies, and there are fewer genres to try. As Litecoin continues to grow and grow, particularly in the UK, more casinos will accept it for transactions. The other sites listed below do not accept customers from UK but well worth a try if you reside within the EU or RoW.
The range of games at 1xBit is terrific, including slots, poker, and live casino titles. The slots are developed by such well-known software brands as ELK, QuickSpin, Big Time Gaming, and other leading names.
Dozens of slot games are available, with a diverse range of themes and styles, including Dracula’s Castle, Underwater World, Benny the Panda, Lucky For You, and many, many others. You can deposit Litecoins into your 1xBit account and start playing straight away.
The live-dealer games available at 1xBit are categorised by developer, and each has its own catalogue of titles. You can click on one and find roulette, baccarat, and blackjack, while another developer’s range will offer far more.
At CryptoGames.io, the variety of games is far smaller, and the presentation is much more colourful. This website doesn’t require you to register, and creates a unique account for every visitor, allowing you to start playing without submitting any personal details.
Litecoin’s advantages are similar to bitcoin’s. For starters, you can trust in the Provably Fair system to ensure all games are fair and above board, while you can enjoy anonymity while making transactions.
Litecoin incurs no transaction fees either, so you get more of your money to play with rather than losing it to cover overheads. The fast processing is another benefit, with payments moving much quicker than with standard methods. At coincasinos.co.uk, you can find expert resources on bitcoin and other cryptocurrencies, as well as reviews of the best games to spend them on!