Betting with Litecoin (LTC) is almost identical to betting with other cryptocurrencies. However, Litecoin users enjoy faster and low-cost transactions compared to many other crypto assets such as Bitcoin.
Cryptocurrency casinos that support Litecoin payments offer perks such as mouthwatering bonus packages, a safe and secure betting platform, and multiple games support, among others.
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Although Litecoin is one of the oldest cryptocurrencies invented after Bitcoin, the coin is not supported by every online crypto betting website, which makes it quite hard for players to find a reputable Litecoin casino.
Nonetheless, this article highlights the seven best Litecoin casinos for 2022.
Top 7 Crypto Casinos Accepting Litecoin (LTC):
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History of Litecoin
Charlie Lee created Litecoin as a fork of Bitcoin in 2011. However, the Litecoin developers decided to add a few features to make it stand out.
Lee and his team focused on creating a digital currency that could be faster than BTC while maintaining some of the core properties of Bitcoin. They succeeded with their goals, as Litecoin became four times faster than BTC in terms of transaction processing speed.
Litecoin is currently the 21st largest cryptocurrency in the world, with a market capitalization of $4.3 billion and a price of $61. Litecoin has a max supply of 84 million coins, with 70.4 million of these coins currently in existence
Pros and Cons of Litecoin (LTC)
Faster deposits and withdrawals.
Secure and anonymous transactions.
Available on many crypto exchanges
Unpopular compared to Bitcoin and Ethereum.
Large token supply compared to Bitcoin.
Best Seven Litecoin Casinos
Let’s examine the seven best crypto casinos that accept Litecoin as payment.
Litecoin fans who want to bet with LTC can do so at mBit. mBit Casino offers over 2,000 games grouped into different categories like poker, slots, table, lotteries, and live dealers.
You can begin your betting journey on mBit with a minimum deposit of 0.01 LTC and grow your account as much as you can, depending on how lucky you are.
Players can enjoy 24/7 customer support via the casino LiveChat widget or email. Keeping users safe is a priority for mBit’s operators. The website is equipped with the latest security technology, and players can also choose to enable two-factor authentication (2FA) to keep their accounts safer.
mBit is licensed under Curacao laws and has been offering quality crypto betting services since 2014.
Launched in 2014, 7Bit is one of the best cryptocurrency casinos that supports Litecoin payments. Aside from wagering on games with LTC, the casino allows you to fund your account with fiat and other cryptocurrencies.
The betting platform is licensed and regulated by the Curacao government, which requires the casino to protect players through fair game outcomes.
While 7Bit does not yet offer sports events, you can access over 2,000 casino games from top providers. The casino also provides professional customer support and lucrative bonus packages.
BitStarz was launched in 2014 and has contributed immensely to the growth of online cryptocurrency gambling. Aside from Litecoin, BitStarz allows players to place their bets using Bitcoin, Dogecoin, Ether, Tether, Bitcoin Cash, and fiat.
BitStarz only offers casino games, with over 3,000 options available to meet your betting needs. The casino holds an operating license from the Curacao e-gaming authority, ensuring that players are well protected from internal and external manipulations.
The casino offers mouthwatering bonuses to both new and existing players. Some of its bonus offerings include welcome packages for new players, exclusive VIP bonuses for high wagers, and regular tournament bonuses.
1xBit is an online casino that allows players to place bets using Litecoin. It is worth noting that aside from LTC, you can choose to stake games using the more than 30 cryptocurrencies supported on the platform.
1xBit’s offerings include a mobile application, 24/7 customer support, sports and casino games, and interactive UI/UX.
The platform also offers exciting bonus packages for both new and existing bettors. New players can enjoy 100% of their first four Litecoin deposits, while old players are rewarded weekly bonuses for sports and casino games.
Although 1xBit is an unregulated casino with no operating license, the platform has not recorded any theft or game manipulation incidents.
Cloudbet is another top cryptocurrency betting website where you can wager on both sports and casino games using LTC. Launched in 2013, Cloudbet has two operational licenses from the Curacao eGaming Authority and the Montenegro e-Gambling Commission. The platform offers professional customer support via multiple channels, with a representative always available to respond to your queries and issues.
As part of its efforts to keep players excited, Cloudbet offers lucrative bonuses such as a 100% welcome bonus on your first deposit of $20, zero-margin sports bets, provably fair cashback, and free spins Tuesday.
BetOnline is a veteran online casino that has been in existence since 2001. Unlike most casinos that obtain operational licenses from the Curacao eGaming Authority, BetOnline is licensed by the Panama government.
You can wager on the long list of sports, esports, and casino games available on the platform. Although it originally started as a fiat-only casino in 2001, it later added support for cryptocurrencies due to the popularity of digital assets. BetOnline accepts Litecoin, Bitcoin, Ether, Dogecoin, Ripple, and other cryptocurrencies as payment methods. The casino also offers 24/7 customer support and enticing bonuses.
Casobet is one of the newest casinos that supports LTC deposits and withdrawals. Despite launching in 2019, Casobet chose not to deviate from what cryptocurrency bettors are used to as its services are similar to veteran casinos.
The platform partnered with more than 20 game providers, giving players access to more than 1,000 games from different categories such as slots, tables, video poker, and live casino games. Players can also wager on popular sports and esports events such as football, tennis, and counter Strike GO.
New players are rewarded with a 120% bonus of up to €2500 for their first to fifth deposit. Other bonuses on Casobet include sports welcome bonuses, unlimited live casino bonuses, etc.
How to Buy Litecoin
Once you have created an account with a Litecoin casino, purchasing LTC from a crypto exchange is next. Here’s how to buy Litecoin from any trading platform.
Step 2: Add some funds to your account on the exchange using your credit card.
Step 3: Swap the funds for LTC.
Step 4: After purchasing Litecoin, transfer the funds from the exchange to your betting account to start wagering on games.
How to Store Your Litecoin
Keeping your Litecoin safe is very important. As a safety tip, never use your betting account or cryptocurrency exchange to store large amounts of LTC. Instead, get an external wallet like Trust Wallet, Coinomi, Metamask, Ledger, or Trezor.