Live Casinos accepting Litecoin & overview of fees
Litecoin, another peer-to-peer cryptocurrency is gaining wider and wider acceptance. This crypto-currency is very similar to Bitcoin in terms of technology, but seems to be a bit more advanced in its core. For example, the Litecoin Network aims to process a block every 2.5 minutes, rather than Bitcoin’s 10 minutes. The developers claim that this allows Litecoin to have faster transaction confirmation.
This alt-coin reached a $1 billion market capitalization in November 2013 and as of writing this, the market capitalisation is more than $10 billion. The Litecoin has received a warm welcome in the online gambling community just like the Bitcoin.
Today, we even see a growing number of crypto casinos that accept the Litecoin as one of the currencies that you can use to play their live dealer games.
Featured Casino Accepting
Top 3 Benefits For Litecoin
Litecoin transactions are very fast. Confirmations on average take around 3-5 minutes and your funds are in the casino account. Similar speed can be expected for withdrawals.
Litecoin is generally less volatile than other crypto currencies. Of course it’s still more volatile than playing in EUR or GBP, but in the alt-coin world it’s one of the better options.
There are some casinos like mBit where you can play with Litecoin and not enter any specific account details. This is limited to certain games though and to play with live dealers from Evolution Gaming, you’ll need to provide your first and last name.
Other Popular Payment Methods
Hard to wish for more in the crypto world. Faster transactions than Bitcoin and lower volatility (perhaps due to less coverage in the news). Overall LTC is a pretty decent option for casino players.