Litecoin

Litecoin, like Bitcoin, isn’t tied to any country, bank, entity or corporation. Instead, a network made up of verified users verifies your transactions in real-time. However, Litecoin is not tied down to any bank, country, entity, or corporation in terms of gambling. Litecoin functions in a similar way to Bitcoin..History of LitecoinLitecoin was first released on October 11, 2011, by Charlie Lee (a former employee of Google). The new altcoin (a fork on Bitcoin) was created to allow users to make use of the cryptocurrency. Transaction times faster and cheaper transaction rates, both of which it achieved from the get-go.While Litecoin has always been a popular cryptocurrency, managing to reach a high of $44 in 2014, the coin was not worth much between mid-2014And the start of 2017. Still, things were set to change – the new surge in interest in cryptocurrency made the LTC price skyrocket to $375 by the end of 2017.However, as diehard crypto fans will already know, Litecoin was not without its controversy…Lee, its inventor and market leader in Litecoin reached this high-level of success as it hit the markets. ‘sold and donated’ all his Litecoin tokensPeople wondered if everything was going to end in their face. Thankfully, it hasn’t – the general public’s interest in the altcoin has never waned and Litecoin remains a popular digital investment for many people around the globe.Litecoin at Online Casinos – How Does It Work?Litecoin casino sites accept LTC for payment.Litecoin transactions are confirmed through the use of blockchain technology – a decentralised database that is open and public. It makes it more difficult for hackers to steal virtual money and data. This ensures your transactions remain safe.If you’re new to the exciting world of cryptocurrency gambling, don’t fret too much – the bottom line is that the majority of them operate much like traditional online casinos.Before you can play in an LTC Casino, you’ll need to register and provide personal information. There will also be bonuses and games organised in a similar structure on the site. It also has all the security measures that you would expect, such as a license which allows it to legally operate.One difference is the fact that casinos that take Litecoin are relatively recent. The first step to Litecoin gambling isn’t signing up to an LTC casino, but getting your hands on Litecoin tokens and storing them in a cryptocurrency wallet.What is the secret to all this? Here’s a detailed look. How to buy Litecoin and where to store it.There are 4 main ways you can incorporate Litecoin in your portfolio.The tokens can be used to pay for an item or service.These can also be extracted by yourself (requires the use of specific hardware, so it’s not available to everyone).A Litecoin faucet can give you some free of charge. (this is a website or app that pays you a small amount of Litecoin for completing a task, such as playing a game or completing a simple captcha).They can be purchased at an exchange (Binance and Coinbase are great options).You can get Litecoin by choosing the fourth option. To buy LTC tokens, you can either head to the official Litecoin websiteYou can buy the cryptocurrency from a website such as.com, or purchase it from an exchange that accepts fiat currencies (USD, EUR, etc.).Send the following to your Litecoin account.Litecoin Casino Offers BonusesMost online casinos accepting LTC offer good bonuses to their players. It is more cost-effective and quicker for casinos to pay in cryptocurrency than in fiat. The savings can then be passed on to you as bonus money that you can use to play at casino.It sounds great for you, the casino and yourself!One small mention, though – these bonuses are rarely listed as an LTC casino welcome bonus or an LTC casino no deposit bonus. This is because many casinos allow you to deposit in Litecoin and also offer the ability to convert it to a fiat currency in order to enable players to enjoy casino games. How to Choose a Litecoin casinoWe recognize that there is a lot of choice on the market. But, sometimes it’s a bad thing. Some of our readers might be overwhelmed by how many Litecoin casino options are available. They may not know which one will best suit their needs and budget.