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So, first of all, we need to understand what Litecoin is. We take information from open sources of the Internet. Litecoin is a cryptocurrency that is actually an "offshoot" of the Bitcoin blockchain network. This fork gained community support thanks to former Google employee Charlie Lee, who published the source code of the client on GitHub on October 7, 2011.
However, there are a number of important differences between Bitcoin and Lightcoin, despite their similarities. Such differences as:
These features are what differentiate Litecoin from its "big brother," even though many say they are identical. Users can receive and exchange litecoins at most popular cryptocurrency exchanges. The cryptocurrency is growing at an impressive rate. Back in early 2017, lightcoin was gingerly climbing toward the $5 per LTC mark. Four years have passed, and you can get more than $160 for a unit of Litecoin.
Regardless of the ratings, LTC has firmly established an image of "digital silver". Think of the images that are commonly found in articles about Bitcoin: in many cases, they are handfuls of gleaming gold coins with a stylized "B." Similarly, articles about Litecoin often feature pictures of silver coins with the letter "L" emblazoned on them.
With such "silver" associations, online gambling with Litecoins was just a stone's throw away. As in the case of Bitcoin, this industry began to grow at a seven-foot pace. Litecoin is currently entering the top 20 best cryptocurrencies.
Thanks to the ever-growing number of litecoin casinos, not only the interest in the cryptocurrency is increasing, but also the number of all sorts of bonuses. Promotions and rewards loyalty programs are of interest to new players as well as experienced gamblers.
Before you choose a permanent place where you will spend and earn LTC, we advise you to familiarize yourself with the offers and promotions of different portals - this will help you get even more pleasure from gambling. You will find up-to-date information about these casinos on our website as well.
Litecoin provides players with impressive benefits when playing at online casinos:
Litecoin casinos with no investment allow you to test your skills and try your luck in gambling before spending your own money on online entertainment. It is worth noting that there are a variety of LTC lotteries online.
When it comes to casino games, Litecoin has about the same disadvantages as similar cryptocurrencies.
LTC Casino does not limit the list of accepted countries. If necessary, the player can use a VPN to access the site or the games on it. By registering at LTC Casino, you are confirming that you are of legal age and can participate in gambling in accordance with applicable laws.
One of the most frequently asked questions about Litecoin Casino is: how do I deposit LTC at my chosen online casino? The procedure is pretty simple:
If you have an LTC wallet, all you need to do now is to open an account with the Litecoin casino of your choice. To create a Litecoin casino account, you need to follow these steps:
The welcome bonus has become sort of synonymous with online gambling. And most online casinos offer at least some sort of deposit bonus to get you started; sometimes they even add a few free spins to spice things up.
That said, this is probably where you'll notice the difference between cryptocurrency and traditional online casinos the most. That's because while you may find a welcome bonus in cryptocurrency, this is not always the case. However, if the casino offers it, in all likelihood, if it also accepts Litecoin as a payment method, you can get your welcome bonus in LTC as well.
Yes, of course , you can completely cash out Litecoins . After all, the casino treats it just like any other currency.
Just keep in mind that most crypto casinos, just like standard online casinos, only allow transactions in the same currency in both directions . So, just as you would expect to deposit and withdraw funds in, say, Canadian dollars, you can deposit and withdraw funds in LTC. Needless to say, if you made a deposit in another digital coin, you won't be able to switch to LTC to cash out. But you can simply cash out that cryptocurrency and then exchange it for Litecoin on any cryptocurrency exchange.