Best online casinos in Canada with Litecoin (LTC) payments in 2020
Cryptocurrency gambling has been around since the advent of Bitcoin. From the very beginning, users appreciated the convenience and safety of this digital currency, so crypto casinos began to develop rapidly. Now, along with Bitcoin, other cryptocurrencies are also used, and Litecoin is one of them.
For most people, Litecoin regards as the little brother to Bitcoin — it provides the highest level of safety and offers lightning speed of transactions. This digital coin is backed by dozens of casino websites that provide a full range of entertainment, from traditional table games like roulette and slot machines to sports betting.
TOP online casinos in Canada in 2020 with cryptocurrencies
Our list has reliable gambling sites so that you don't have to worry about trusting them, we tested each one of them for a long time before adding them to our table.
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Our Top of Litecoin Casinos
So that you make the best choice and play only in quality gaming clubs, we have compiled a list of the best Litecoin casinos. Here you will find only trustworthy and reliable gambling sites with a vast library of games, fast transactions, and qualitative customer support.
FastPay is a relatively new brand in the online gambling industry as it was established in 2018. The club is owned by Direx NV and holds the license of Curacao. FastPay offers payments in both fiat currencies and cryptocurrencies, thanks to which every player will find the most convenient way for depositing.
This LTC casino has a great selection of games from top-notch software developers, such as Microgaming, NetEnt, Endorphina, and many others. We can say with certainty that FastPay has more slots than you could ever dream of as it provides more than 5000 titles.
As for InstantPay Casino, we can say a lot of nice things about it, on the other hand, it is a new casino that appeared recently, so is it trustworthy? IstantPay casino has a fair policy about instant withdrawals that makes this place trustworthy. Besides that, InstantPay Casino has the best Canadian Gaming Licences – MGL (Malta Gaming License). We are sure that you should try it out!
This gambling site is one of the best legit Litecoin casinos with fast withdrawal times. The club is one of the oldest crypto websites, and accordingly, it is extremely popular and is considered one of the most reliable. For its customers, Bitstarz offers excellent welcome bonuses, loyalty programs, cashback, and other promotions.
Bitstarz is one of the best places for mobile gambling. The casino provides a modern mobile version for those who prefer playing on the go. The support service of this casino deserves special attention, as users will be able to get quick answers at any time.
The casino has a small minimal deposit of 0,01 LTC, so if you don't want to invest a lot of money, you can play with small amounts. The maximum payout in this gambling club is 100 LTC — you can quickly withdraw even an incredibly massive jackpot.
It is one of the most exciting sites in the industry. This Litecoin casino is licensed by the Curacao gambling authority, so you don't need to worry about honesty and trustworthiness. It mainly focuses on offering many entertainments on his live platform, as well as fast payouts and attractive bonus offers. For example, JoyCasino provides lucrative five deposit bonuses totalling 2000 CAD.
The design of the website is convenient and stylized in the classic version of such establishments. Above all, players will be interested in tournaments, lotteries, a dedicated loyalty program, and other advantages.
The JoyCasino range of Litecoin games includes the best online slots and other casino games from several global software providers. The support service will answer all your questions and help you solve your problems day and night.
Brief information about Litecoin
LTC is a cryptocurrency that applies P2P network rules. Using Litecoin is safe and reliable, and third-parties cannot influence the course. The popularity is increasing every day, and that's the reason for the big amount of “miners” digging it. One of the advantages is that the speed for transactions is faster than at Bitcoin.
Right now, LTC has second place in cryptocurrencies. Next, we will mention the differences between LTC and Bitcoin:
- All the transactions are made around 4 times faster than Bitcoin, 2-2.5 minutes for LTC.
- One Litecoin block can generate up to 84 million LTC units. BTC generates up to 21 million.
- Use of the innovative protocols - Segregated Witness and P2P-network and Lightning Network.
Litecoin Casinos Explained
Litecoin casinos are similar to all other types of gambling sites — you can enjoy the same entertainment here. The primary difference is that such websites offer this cryptocurrency as a payment method. These clubs are becoming more and more popular every day as cryptocurrencies provide new opportunities for gamblers. Using this cryptocurrency for gambling is completely legal.
Some online casinos only use Litecoins, which means that the funds that are deposited into the player's account are in Litecoin, and the rewards are withdrawn in the same way. Other online casinos offer Litecoin as one of the accepted currencies on their payment platform, along with US dollars, euros, and others.
In the Litecoin casino, you can enjoy all the games offered by regular clubs. Among them are popular slot machines, poker, blackjack, baccarat, roulette, and many other entertainments. Also, users have the opportunity to gamble in Litecoin live casinos — they can play roulette, poker, or blackjack with real dealers. All the casino games are supplied by top-tier game providers who have earned a reputation and popularity among experienced gamblers.
How to Start Playing in a Litecoin Casino?
For many players, cryptocurrency is something unfamiliar. So, they do not know how to make deposits and withdraw money from an account. Now is the time to understand this issue and benefit from using Litecoin.
The good news is that it is very easy to use Litecoin to play in a casino. You do not need to spend hours figuring out the peculiarities of the Blockchain system — just create a new Litecoin wallet and accept payments to it.
There are various wallets for storing cryptocurrency. If you are not a high roller and do not play big, web wallets are fine for you. You can create such wallets right in your browser in just a few minutes. Once this is done, all you have to do is deposit Litecoins and start playing.
To replenish your casino account with cryptocurrency, you need to follow these steps:
- 1. Buy some cryptocurrency at an Exchange. To deposit your cryptocurrency wallet with Litecoins, you need to exchange money for cryptocurrency. To do this, you need to choose a cryptocurrency exchange. You can shop with your credit card, bank account, or popular e-wallets;
- 2. Log-in to the casino and deposit money. Log in to your online casino account. After that, select Litecoin as your payment method on the banking page. Transfer some Litecoin coins from the crypto wallet to the gambling site. The process will take a maximum of a few minutes.
- 3. Start gamble for real money. Now you have Litecoin in your online casino account. If you have just registered on the site, after depositing your account, you will also receive a welcome bonus, which is usually 100% of the deposit. Now you can start playing your favourite slots and table games.
If you win money, you can also smoothly withdraw your winnings in cryptocurrency. Withdrawing is even much easier than depositing as you don't need to use an exchange to convert your money. Please note that before withdrawing money, you must fulfill all the wagering requirements for the bonuses received. Otherwise, all bonus money will be cancelled.
In Litecoin gambling sites, you can simply choose this cryptocurrency, among other online payment methods. Withdrawal times for Litecoin are the same as when making a deposit. Adding your online transaction to the blockchain will take less than 10 minutes. However, in some Litecoin gambling clubs, withdrawals can be done manually for security reasons and may take several days.
Pros and Cons
- Anonymity. Although the gambling club might know players’ personal information, it does not have the payment information. The only thing the casino knows is the Litecoin wallet number. The system encrypts the data, and it is impossible to find out who is the recipient of the money;
- Transparency. With the innovative blockchain technology, which is used to process payments, it is virtually impossible to lose a payment. This means that your money cannot be lost in this way, and you can be sure that all payments will come to you without problems;
- Fast transactions. All payments in the Litecoin system are carried out within a few minutes. Unlike standard methods, you don't have to wait several days to receive your casino winnings. In this regard, Litecoin is even better for Bitcoin - here payments are made 2 times faster;
- Small fees. When making transfers in Litecoin, you can expect very low fees. They are much less than the fees of banks or e-wallets. In some cases, the casino may not charge any commission at all, due to which you will receive the full amount of your winnings;
- Bigger bonuses. As a rule, crypto casinos offer more attractive bonus promotions. Besides the welcome bonus and loyalty program, these gambling sites provide cashback, free spins, reload promotions, and other rich options.
- Volatility. Litecoin has a reputation for being a very volatile cryptocurrency. In just a couple of days, the price of the cryptocurrency can drop dramatically, and you can lose some of the money;
- Low popularity. Litecoin is still less popular than Bitcoin. Therefore, there are not many casinos on the network that accept payments in Litecoins;
- Lack of regulation. Cryptocurrencies are still not regulated by law, so you need to choose your online casino carefully. No player wants to lose their money due to the dishonesty of the gambling club.
The Bottom Line — Are Litecoin Casinos Good?
Litecoin registered online casinos offer great opportunities for gamblers. No matter you prefer playing slots or spinning the roulette wheel, there are quite a few ways to have a good time and hit a big win. This cryptocurrency is a wonderful choice, so you’ll find numerous websites to play.
The currency is fast and reliable, has excellent compatibility with betting products, and you can be sure that it is quite affordable and easy to use. Litecoin is still one of the leading cryptocurrency tokens that can be used for gambling.
With so many gambling websites, you're sure to find one that caters to all your needs and offers exciting bonuses and tournaments. Additionally, it should be noted that many clubs offer Litecoin no deposit promotions for newcomers. Now that you know a lot about Litecoin gambling, you can try one of the popular casinos and see which one catches your eye.
- The best place that accepts Litecoin is undoubtedly Fastpay casino. They will approve the withdrawals within a few minutes (1-5) and will provide excellent customer care. A 100% honest and trusted Canadian gambling site.