litecoin

Litecoin is a good alternative to Bitcoin casino because it is faster, and gamblers can make smaller deposits. While playing online, most gamers want to remain as discreet as possible. It is one of the reasons they opt for litecoin as a payment method and keep signing up on bet joints that have this banking option.

Litecoin online providers are many and have competitive gaming options that gamers can enjoy scrolling. These betting establishments are safe and reliable since gamers can enjoy while maintaining their anonymity.

Advantages
Provide anonymity. There is no third party involved to process payments with litecoin. Gamblers maintain their anonymity.
It is available. When gamers want to convert their cash into litecoin and vice versa, they do not have to put so much effort as these are easy to buy and sell.
It is acceptable. Casinos already accept litecoin as a means of payment, with many continuing to accept the financial option.
It is fast. The processing time is shorter than that of the popular bitcoin, reducing the wait time.
Disadvantages
High fluctuation. It is a disadvantage to gamers because the actual winnings may not reflect on withdraws. That is, gamers get less when they convert their coins too hard currency because of market fluctuations.
They are irreversible. If you make a slight mistake such as miswriting the wallet ID and complete the transaction it is reversible, and money can never be recovered.

Best Online Casinos that accept Litecoin in Canada

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How to Play at Litecoin Casinos

Name: Litecoin
Founded: 2011
Email: [email protected]
Live Chat: No
Available in: Over 30 countries
Best Ethereum Casino: CasinoChan

Tables and slots are the most played games on casinos. Between 2020 and 2021, these games have had casinos gain a 65% and 52% revenue increase. Here is how you can join other gamers:

Litecoin Casinos Bonuses for Canadian Players

Canadian players playing on lite-coin casino platforms have a lot of bonuses to explore. These are some they can enjoy on such platforms:

Litecoin Casinos Transactions Explained

Is Litecoin legit in Canada? Yes
Litecoin Deposit Time: 30 minutes
Litecoin Deposit Limit: Established by casino
Litecoin Withdrawal Time: 2 hours
Litecoin Withdrawal Limit: Established by casino
Litecoin Transaction Fee: Yes
Litecoin Transaction Time: 2 minutes – 2 hours

You can convert your CAD to litecoin at a rate of 173.10CAD per 1 litecoin. Exchange markets offer these services and are many.

Casinos are licensed by relevant bodies in Canada. These bodies oversee the activity of the dice joints to ensure nothing illegal takes place. If a casino offers lite-coin as one of its payment options and is licensed, then it is legal and safe to use this method of banking. Gamers can play without fearing violating the law.

Depositing with Litecoin

Withdrawing with Litecoin

After winning from your stakes, you need to withdraw your money from the litecoin casino. Here is how to go about it:

Canadian Online Casinos Accepting Litecoin

The RED DOG boasts of a huge welcome bonus to new players, which goes up to 225% match on the first deposit. Players enjoy having multiple banking options for depositing and withdrawing their money, such as cryptocurrency, Visa, bank wire, MasterCard, and others. Slot games are quite elaborate, and gamers always come for them.
Gamers love the Chan for its generous bonuses. There are 4 bonuses for the first deposits and an incredible loyalty program. The games lobby is well stocked. Table games on this casino are unmatched. For money withdrawal and depositing, gamers are sorted with Visa, MasterCard, cryptocurrency, Maestro, Insta Debit, and other banking options.
It provides a 100% match bonus to newcomers on their first deposit. It ensures it maximizes their winning chances by giving 150 extra free spins to the match bonus. The casino’s user interface is super-friendly. Slots on WOO platform are great, and all winnings and deposits can be transacted through cryptocurrencies, Neosurf, Paysafe Card, Visa, MasterCard, and others.
Live dealer and slots games on this casino are worth looking forward to. Gamers are entertained by big gaming providers. For all the transactions, gamblers can choose to use different methods such as cryptocurrencies, Jeton, American Express, and more. JoyCasino gives a 200% bonus and 200 free spins.
Slots game lovers will appreciate this casino. It has an amazing collection of slots and is easy to navigate. The bonuses amount to approximately 700 CAD and up to 150 free spins. Transactions are made through cryptocurrencies, Skrill, Neosurf, Neteller, bank transfer, and so many options.

Summing Up Thoughts on Playing Litecoin Online Casinos

Crypto casinos have many games, and you will come across modern ones like keno and lottery. You can find lots of bonuses offer by Litecoin casinos to attract gamblers signing up to their platforms. As usual, they are part of the welcome package presented to the new players or VIP bonuses for high rollers.

The biggest pros of gambling at online casinos accepting Litecoin deposits is that you don't have to wait for long hours till your gambling transactions will be accepted. The time that is needed to add a Litecoin transaction to the blockchain is smaller than other cryptocurrencies.

Litecoin Casinos FAQ

What Are Litecoin Casinos?

These are online casinos that acknowledge litecoin as a payment option on their platform. They provide a safe playing avenue where gamers are not locked out simply because they cannot find their preferred payment option.

Are Litecoin Casinos Safe and Legal?

It is safe to play on litecoin casinos. These casinos are legal if they have been licensed by recognized institutions within the region. But, because scammers are found everywhere, being cautious is recommended.

How to Withdraw My Litecoin Earnings from a Casino?

Navigate through the cashier section of your gaming account. Click ‘withdraw’ and choose litecoin as your withdrawal method. Enter the amount, your walled ID, and authorize the withdrawal.

Do All Canadian Casinos Accept Litecoin?

Before the cryptocurrency community was hit by the Ethereum wave, Litecoin was the second most popular digital currency after Bitcoin. Now Litecoin is in the top and bottom twenty cryptocurrencies. Below you will find a list of crypto casinos that accept Litecoin, but for now, let's try to understand this virtual asset better.

Do Litecoin Casinos offer bonuses to their gamblers?

Due to the ever-growing number of Litecoin casinos, not only the interest in cryptocurrency is increasing, but also the number of all kinds of bonuses. Promotions and rewards loyalty programs are of interest to new players and experienced gamblers alike. 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. The latest information about these casinos you'll find on our website as well, so don't forget to follow the news.

Is Litecoin anonymous?

It provides the ability to play anonymously. Your personal information is not collected and not disclosed – a unique wallet number is used for transfers. Many casinos for Litecoins also do not require any personal information or identity documents.

Do all countries allow Litecoin online gambling?

Not all countries are trying to allow their citizens to more or less freely dispose of cryptocurrencies. As a result, Litecoin will not be available in many countries whose laws do not provide for the use of virtual assets in online casinos.
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Adam Lane
Site Editor at CasinoHEX Canada

Adam is an editor at CasinoHEX Canada. He checks dozens of online casinos daily. Adam’s career as a professional gambler started almost 10 years ago.