litecoin casino

Litecoin is one of the most popular cryptocurrencies which was created by Charlie Lee in 2011. His initial goal was to surpass Bitcoin in terms of speed, safety, and algorithms, and to much extent, he’s done the trick. During the past years, more and more Litecoin (LTC) casinos have emerged, giving players an opportunity to make transactions through secure and anonymous blockchain technology.

The best Litecoin online casinos offer a big number of bonuses, thousands of games, and other features for an outstanding experience. If you want to gamble with Litecoin, be sure to find all the answers in our guide. Here are only some of the topics we are going to cover:

NZ Online Casinos That Accept Litecoin

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NZCasinoHex.com is an independent review website that helps New Zealand players to make their gambling experience fun and secure. Here we share guidelines, gaming tips, and evaluate casino operators. When our visitors choose to play at one of the recommended platforms, we receive a commission. However, our team lists only reliable brands that meet strict criteria and provide high-quality service.
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How We Choose A Reliable Litecoin Casino

CasinoHex is a team of experts who want to make online gambling safe and convenient for players with any background and preferences. To make a list of the best online casinos that accept Litecoin, we analyze hundreds of platforms based on the following parameters:

When choosing a recommended Litecoin online casino, you can be sure that it meets all the criteria above and offers a smooth and positive gambling experience.

Online Gambling With Litecoin

Before we discuss LTC gambling sites further, let us digress and learn more about the currency itself. Litecoin was launched by Charlie Lee (former engineer at Coinbase and Google) in 2011. To introduce the Litecoin currency, he has altered the working Bitcoin algorithm by increasing the speed of added blocks and the total supply. The maximum number of coins that will ever be generated equals 84 million and new blocks are created every 2.5 minutes, much faster than Bitcoin.

Users can obtain LTC by purchasing it for fiat money or using faucets. A faucet is a website or application which allows mining Litecoin (or any other cryptocurrency) by completing certain tasks. For example, watching videos or completing puzzles.

At the time of writing, 1 LTC equals NZ$222,5. The number of casinos that accept Litecoin is constantly increasing and Kiwis have a unique opportunity to use one of the safest and fastest payment methods for deposits and withdrawals.

How To Choose a Litecoin Wallet?

Even though crypto is a digital currency and doesn’t have any physical manifestation, it still requires storage. Such storage is also called a wallet. We don’t recommend storing big amounts of LTC at a gambling site because it is much safer to keep it on an exchange or a separate wallet. And if you want to make Litecoin deposits in online casinos, the transaction is always instant and trouble-free.

Even though exchanges are very popular, there is still a probability of a hacker attack or website’s shutting down, so the most secure option is Litecoin wallets. They can be either digital or hardware. The most popular are:

How to Make Litecoin Casino Deposits?

To play your favorite casino games, it is necessary to make a deposit. And here is a step-by-step guide on how you can do it:

How to Withdraw Your Money Using LTC?

Cashing out at Litecoin casino sites is extremely simple and there are only a few steps between you and the winnings. Here is what you should do to request a withdrawal with Litecoin:

  1. Head to your personal account and open the Banking section.
  2. Choose Litecoin in the list of available currencies and insert the amount you want to withdraw.
  3. Insert your public wallet number and confirm the request.
  4. Wait for the transaction to take place. Usually, Litecoin payouts are rather speedy and take place in a matter of minutes.

Fees & Transfer Time

As a rule, Litecoin gambling sites don’t charge players any fees for transactions. However, the blockchain charges a commission from every deposit or withdrawal, so you should take it into account when making a transaction. The average LTC fee equals 10 cents which is much lower if compared with bank cards and wire transfers. For the positive gambling experience, don’t forget to choose safe Litecoin casinos to be sure that your money is safe.

The transaction time varies from one platform to another, and each casino may have its own requirements so that the time may change from several minutes to several days. But even if the chosen platform has a pending period, LTC withdrawals are much faster than when using bank cards.

Safety & Security

Thanks to blockchain technology which is fully decentralized, the transactions are not monitored or recorded. Instead of personal and bank details, the system only requires your public wallet number which means that gamblers are anonymous and don’t have to worry about losing sensitive data or money. However, it is still important to choose top Litecoin casinos which offer additional layers of protection and encryption.

Litecoin Casino Games

To surprise and engage NZ players, gambling sites launch new games literally every day. They vary in themes, bet sizes, and customization features, and are tailored to the preferences of particular users. For example, those who are fond of Litecoin or other cryptocurrencies. Fortunately, there are lots of Litecoin slots and table games available on the market, and the number continues to grow. Here are the most popular game types you can try out:

Many online casinos exchange Litecoin for fiat money which makes the list of available games almost never-ending. When joining a Litecoin gambling website be sure to find thousands of titles from the leading software developers including Microgaming, NetEnt, and Pragmatic Play.

Bet On Sports With LTC

Another hobby that engages millions of players worldwide is sports betting. Predicting the outcome of e-sports, boxing, tennis, rugby, and hundreds of other activities is fun and rewarding, so more and more online betting sites for New Zealanders start adding LTC to the list of accepted currencies. When joining a Litecoin sportsbook you have access to hundreds of sports categories and rewarding bonuses. And don’t forget that Litecoin betting is secure and anonymous. For now, making deposits with Litecoin is not possible at TAB, but there are various other NZ betting sites offering such payments.

Litecoin Casino Bonuses

The list of Litecoin bonuses is no different from the ones offered when using other payment methods. However, from time to time users may find special promotions that are awarded solely to cryptocurrency users. Here are some of the most popular bonuses available at most gambling sites:

The most important rule to benefit from first deposit bonuses and other promotions is to read the Terms and Conditions attentively because they contain information about wagering requirements, minimum and maximum limits, and other important details.

Playing in Litecoin Casinos On Your Mobile

At the moment, at least half of the online gambling traffic comes from smartphones and tablets. You can play at LTC mobile casinos on your mobile device anywhere you are and forget about missing important events just because you have to stay at home and wait for a tournament or a prize draw. It is very easy to find a mobile casino that accepts Litecoin because most gambling sites are compatible with smartphones. And you can make an LTC transaction directly from the device.

Litecoin vs. Bitcoin vs. Ethereum

As you know, there are many coin types on the modern market and it is difficult for players to decide whether to join the best Ethereum casinos or stick to Bitcoin ones. To simplify the decision, here’s a comparison table of the three most popular coins at the moment.

LitecoinBitcoinEthereum
DistributionMax 84 million coinsMax 21 million coins18 million coins per year
Market capitalization (February '21)$14.3 billion$1 trillion$165 billion
Average transaction speed2.5 minutes9 minutes6 minutes
AlgorithmsScryptSHA – 256Ethash
Programing languageC++C++Solidity

If you want to try out something apart from online casinos that accept LTC, Bitcoin and Ethereum are good options.

Pros & Cons Of Litecoin Online Casinos

If you are still unsure whether an LTC online casino is the right option, let us compare the pros and cons it has in store.

Advantages
Fast transactions. Litecoin transactions take place through a decentralized network that doesn’t affiliate with banks or other institutions and is not impacted by workdays and public holidays. That is why crypto transactions are much faster.
Low fees. When joining a site that accepts Litecoin you will spend less for making a transaction.
Anonymity. LTC transactions include the wallet’s number and not your personal details. That is why crypto gamblers remain private.
Growth. Litecoin popularity is constantly increasing which means that the currency will grow stronger, will be more valuable, and less volatile.
Security. Blockchain technology is one of the safest on the market and uses extra layers of encryption to protect your money.
Disadvantages
Not available in all casinos. However, crypto transactions are becoming more and more popular, so the list of casinos that accept them is constantly increasing.
Currency volatility.. Litecoin, as any cryptocurrency is rather volatile which means that its value can significantly change in a matter of seconds.

Litecoin Popularity in New Zealand

New Zealand is the first country in the world that allowed using crypto to pay salaries. Such recognition has generated even more interest in cryptocurrencies and we believe that the usage of blockchain money will become extremely popular in the nearest future. You can already find plenty of recommended bitcoin casinos in New Zealand and soon Litecoin will be as widespread as the first cryptocurrency. With top-notch security, decentralized nature, speed, and low fees we are sure that Litecoin and other cryptocurrencies are here to stay.

FAQ about Litecoin Gambling

Can I find licensed casinos that accept Litecoin?

With the popularity of cryptocurrencies, comes their widespread usage for online gambling. That is why there are already hundreds of reliable casinos that accept LTC. If you don’t want to search for a licensed gambling site on your own, just choose one of the platforms at CasinoHex.

Is LTC a safe currency to use for online gambling?

Yes, Litecoin is one of the safest payment methods available to gamblers. They remain anonymous and don’t have to worry about losing sensitive data. In addition, thanks to blockchain technology, frauds never take place: hackers won’t be able to break the network and steal your funds.

Can I play live games using Litecoin?

When joining top Litecoin gambling sites, be sure to find thousands of games on offer including live casino. This category has become extremely popular and it is not surprising: players get a unique opportunity to choose a dealer, become a part of an actual casino, and even make friends in real-time. Often you can find special offers and bonuses for players who pay with crypto.

What game developers work with crypto casinos?

Players are not limited in options when it comes to game developers at crypto platforms. All leading developers work with LTC casinos, so you can find your favorite titles and latest releases without any effort. The most popular and reliable developers at the moment are Microgaming, NetEnt, and Evolution Gaming.

Can I play at Litecoin websites on mobile?

Yes, more and more players choose gambling on the go, so online casinos are creating optimized browser versions and native applications to satisfy the demand. Just head to your browser and check whether a chosen online casino has adapted the desktop version. Modern gambling sites run smoothly on various operating systems including Android, iOS, and Windows.

What bonuses can I get at Litecoin casinos?

The list of bonuses at LTC platforms is no different from the one at casinos that accept fiat payments. That is why you can expect all regular variations from welcome bonuses and loyalty points to cashback and birthday presents.
Grace Tennet
Head of Content at NZCasinoHex.com

Grace manages our copywriting team since the first day Casino HEX has opened its virtual doors to Kiwi gamblers. Her main goal is to provide reliable and useful information that will help our visitors learn something new and become more experienced in the online gambling sphere.

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