Since cryptocurrencies became a regular choice for making deposits and withdrawals at online casinos, Litecoin has been an ever-present coin too. It’s so popular in Australia that it is tough for players to choose a casino site to play at. This is what made us send our team of experts to test all casinos that accept LTC in Australia and select only the best. So get ready to make your choice based on our reliable findings!
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Litecoin: All You Need to Know
Litecoin is easily one of the most popular cryptocurrencies that you’ll find anywhere. Today, it is one of the most valued and popular cryptocurrencies among other online casino payment methods. Check the table below for key details about this cryptocurrency.
| Info |
Detail |
| Name |
Litecoin |
| Founded |
2011 |
| Type |
Cryptocurrency |
| Availability |
Worldwide |
| Algorithm |
Scrypt |
| Block time |
2.5 Minutes (4x faster than Bitcoin) |
| Website |
Litecoin.org |
Using Litecoin at Online Casinos
Before you can think of using Litecoin at an online casino, you’ll need a digital wallet that supports the use of this cryptocurrency. The best way is to open an account with a reputable crypto exchange. That way, you can always purchase LTC for use in your online casino account. Here’s a step-by-step guide on how to use this crypto at online casinos.
- Create an account with a reputable crypto exchange site. Examples are Binance, Luno, Crypto.com, etc.
- Complete your KYC.
- Buy Litecoin.
- Open an account with any of the casinos on this page.
Fees
If you’re conversant with cryptocurrencies, you’ll know that you’ll always need “gas” when performing any transaction. This can be considered the only form of fee that you have to pay when making a deposit or withdrawal with Litecoin. This fee is usually a very low amount (less than 0.05 AUD worth of LTC).
Verification
Verification depends on the casino itself. Most casinos will allow you to play without KYC (Know Your Customer). However, if you want to withdraw a large amount, the casino might ask you to complete the KYC. It is usually a fast process that you can complete in a few seconds.
Withdrawal Speed
With a block time of 2.5 minutes, Litecoin is one of the fastest cryptocurrencies. As a matter of fact, it is four times faster than Bitcoin. Regular fiat transactions can take up to 3 working days to be processed, but crypto transactions take a few minutes.
Litecoin Customer Support
You’ll hardly need to reach out to customer support, as transactions will often be successful. If it’s not successful, then expect a reversal. You can reach out to customer support at the casino or the crypto exchange if you have any issues.
Making a Deposit with Litecoin
To deposit this crypto at an online casino, you need to have funded your digital wallet with LTC, because only then will you be able to deposit into your casino account. Once you have done that, here’s the step-by-step guide to depositing:
- Login to your online casino account.
- Go to the Cashier.
- Select Deposits and choose Litecoin.
- Choose the network you want to use.
- Copy the address that’s generated.
- Go to your exchange account.
- Click on your Litecoin balance and choose Withdraw.
- Click on Send to Crypto Wallet.
- Select the network (ensure it is the same as the one you used in your casino account).
- Enter the wallet address you copied in No. 6.
- Enter the amount you want to deposit and complete the transaction.
- In a few seconds, crypto will be in your betting balance.
Making Withdrawal with Litecoin
It is also easy to use Litecoin to withdraw from a casino, although the process will change a little. In this case, you’ll start from your crypto exchange account. Here’s the step-by-step guide to withdrawing:
- Login crypto exchange where you have a Litecoin account.
- Click on your balance and select Deposit.
- Select the network.
- Copy the deposit address.
- Login to your casino account.
- Go to the Cashier and click on Withdrawal.
- Choose Litecoin and the network (ensure that it is the same as the network you selected in No. 4).
- Paste the address that you copied from your exchange wallet.
- Enter the amount of LTC that you want to withdraw and complete the transaction.
- In a few seconds, crypto will be reflected in your exchange account.
Our Approach for Rating Online Casinos With Litecoin
Not all casinos accepting LTC make it to our casino list. This is because all the LTC Casinos that we list must pass through a series of tests. These tests are what determine if casinos are fit to provide the quality entertainment that you need. These are the most important qualities that we look out for in a casino:
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Licence: The first thing that we check for is the casino’s licence. Whether it’s LTC casinos or best Bitcoin casinos Australia, they have to be properly licenced by gambling authorities.
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Security: The next is the safety index of the casino. Only the best Litecoin casino is protected by SSL or TLS encryption technology.
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Customer Service: Customer service is important to respond to the essential needs of players. We ensure that the crypto casino provides 24/7 support via live chat, email, and/or phone number.
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Litecoin Casino Games: The score rating of any online casino immediately drops when it doesn’t have a quality selection of games. This is why we ensure that every LTC casino that we list has catalogues of games from the best software providers.
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Bonuses and Promotions: Another important factor that we consider is the promotional offers available. We don’t just check if promotional offers are present but we also ensure that the terms and conditions are fair.
Litecoin Casino Bonuses
Every online casino real money in AUS that we review provides excellent bonuses. You can play Litecoin casino games with generous offers and favourable terms and conditions. Here are some types of promotions that you can get:
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Welcome Bonus: This is a promotional offer that you receive after opening an account. It is often a 100% match deposit with rewards that include cash and free spins.
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Reload Bonuses: Reload bonuses are deposit bonuses that you get after you have used up the welcome bonus. Reload bonus percentages can go from 30% to up to 300%.
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Crypto Bonuses: Special bonuses that are given to players who deposit using cryptocurrencies.
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VIP / Loyalty Bonuses: VIP or loyalty bonuses are rewards that are given to high rollers and regular players at a casino. Loyalty bonuses are often personalised rewards. They have a lower wagering requirement than other bonuses.
Online Pokies to Play at The Best Litecoin Casinos
With many casinos accepting cryptocurrencies for payment, software providers also moved with the trend. Now you can enjoy live dealer games, table games, slot machines, video poker, and many other casino games with LTC. Check the table below for the top 5 games available at crypto casinos that you can play.
| Game |
Software Provider / RTP |
RTP |
| Dead or Alive |
NetEnt |
95.03% (ranging) |
| Age of Asgard |
Yggdrasil |
96.20% |
| Age of the Gods |
Playtech |
95.02% (ranging) |
| Book of Piggy Bank |
Spinomenal |
96.14% |
| King of Kings |
Relax Gaming |
96% |
Important Tips When Using Litecoin
In this block, we’re going to give you tips that’ll help to secure and enhance your crypto gambling experience while playing at crypto and PayID casinos. Read our recommendations below:
- Use well-established and reputable crypto exchanges.
- Choose only reputable Litecoin casino sites.
- Read the terms and conditions of online casino games you want to play.
- Enable 2 Factor Authentication for your wallets.
- Protect your private keys if you’re using a wallet.
- Avoid any schemes that claim to give you “guaranteed” returns.
- Be careful of the links that you click on.
Pros and Cons of Using Litecoin for Casino Payments
Every payment method at online casinos including Litecoin will surely have some advantages and disadvantages. In the table below we present you the pros and cons of using this crypto method for payments at an online casino.
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It is faster than most cryptocurrencies
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You can keep your casino activities anonymous
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Transaction fees are very cheap when compared to other payment methods and cryptocurrencies
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It is global and accessible to everyone
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It is volatile. This means that the value of your currency can change in a short time
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If you submit the wrong address during the transfer, it will be impossible for your money to be refunded
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There is a lack of regulation on Litecoin transactions. This can oftentimes be a disadvantage
