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Litecoin was warmly received not only by the cryptocurrency, but also by the online gambling community.
Almost immediately after the release, Litecoin was nicknamed “digital silver” – “digital silver” (“digital gold” is still considered Bitcoin). Despite the fact that market capitalization of Litecoin is considerably inferior to some other altcoins, for a long period of time it is confidently holding in the top 5 cryptocurrency.
Online casino litecoin
Since the first cryptocurrency (synonym – digital currency) under the name Bitcoin, a lot of people have found a lot of advantages in using it. The success of the Bitcoin digital currency inspired a great many people around the world who tried to introduce blocking technology into various spheres of human life.
The growing popularity of Bitcoin among Internet users resulted in the emergence of numerous gambling sites (online casinos, online poker, sports betting, etc.) that provided their customers with the opportunity to play one or more crypto currencies (most often they were casinos at Bitcoins) , and also replenish the account and withdraw money with their help.
All of the above led to the fact that new cryptocurrencies began to appear as mushrooms after the rain. Generally they were called “altcoins”, which in the global sense means “alternative Bitcoin”. One of the most popular of these altcoins was the Litecoin cryptocurrency.
Why litecoin casino?
The team of developers of this digital currency regularly improves its product, which makes it possible to apply it in various spheres of human life. Of course, not without the sphere of gambling, which in the special account of many crypto-enthusiasts.
One can not but note the fact that at present there is a rapid growth in the number of crypto-currency casinos, whose customers have the opportunity to play slot machines, roulette, blackjack and other gambling for real games, using digital currencies as an input / output method of money.
Trying to please as many users as possible, the administration of gambling establishments regularly work on expanding the list of possible methods of deposit and withdrawal of money. Often, this kind of expansion is not without the help of popular cryptocurrency. It is thanks to the success of Litecoin, today users can freely use this cryptocurrency for deposits in many online casinos, which will be discussed in this material.
The project was launched in 2011 and today is one of the most successful in this area. In addition, it has several advantages over Bitcoin, for example:
The stock of Litecoin that can be extracted is 84 million, while Bitcoin has only 21 million coins;
Varieties of litecoin gambling
To date, all online casinos hosting Litecoin can be divided into two categories:
Accepting only crypto-currencies. Such institutions in some cases do not even require registration, not to mention identity confirmation. You just play the offered games on Bitcoin, Monero, Dash, Ethereum, Litecoin and a number of other cryptocurrencies with almost instant deposits / Cachets. Example: Fortune Jack Casino.
Hybrid. This includes gambling establishments that accept both the crypto currency and ordinary currencies (US Dollars for litecoin casino usa, Euros, Pounds, Russian rubles, etc.). Most of these casinos existed before the advent of blocking technology, and, accordingly, allowed to play only in national currencies. But with the incredible growth in the popularity of digital currencies, some of them added the opportunity to enjoy the gameplay with their help.
By the way, it’s also noteworthy that in a number of hybrid online casinos all deposits with cryptocurrency are converted into the currencies (euro, US dollars, pounds) at the current exchange rate. This is done solely in order to provide a wider choice of games for users (the fact is that a number of popular software vendors prohibit playing their cryptocurrency in their gaming machines). Examples of best litecoin casino: Bitstarz Casino, Playamo Casino, Bob Casino.