to deposit and register funds at a Litecoin casino
Playing at Litecoin Casino is like playing at an old school online casino. Just buy Litecoin online, choose a casino or sportsbook, deposit money, win prizes and withdraw money! However, you should be aware of some differences between Litecoin Casino and the corresponding Fiat Casino. Here is a practical step-by-step guide to the entire gaming process at Litecoin Casino.
How to buy Litecoin online
- The first step is to buy Litecoin. Access a trusted coin exchange such as coinbase.com. Enter your basic information (name and email address) and select a password.
- Select Litecoin (LTC) to check the current price and then select [Purchase]. At this point, you must provide your ID (an official photo of your identity document, such as a driver’s license or passport).
- You can buy the required amount of Litecoin using several payment methods, such as bank transfer, credit/debit card, PayPal or other wallet cryptocurrencies.
The Litecoin wallet address will be issued. You should not lose this address. Otherwise, the cryptocurrency balance will be lost forever!
Choose a trusted casino
Open an account
After selecting the casino or sports betting compatible with Litecoin, you must create an account. Unlike Fiat Casino, you only need to provide your email address and password in advance. These are the benefits of using cryptocurrency instead of Fiat for simplicity and anonymity!
Now that your account has been created, please deposit Litecoin. Go to the Litecoin Casino or Sportsbook page [DEPOSIT] and copy the address of the Litecoin wallet to the clipboard. The clipboard was obtained from a trusted coin exchange.
Note: Do not key in the wrong coin in the Litecoin wallet address. If you do this, you will lose your funds. After you complete all of the steps, the amount will be credited to the Litecoin gaming site within minutes. You can play now!
Most Litecoin casinos and sports betting have gaming options listed at the uppermost part of the page, so, slot machines, sports betting, Litecoin roulette and blackjack are always available. Playing is always best when you enjoy it responsibly. So take the time to define your betting parameters. The principal of Litecoin is displayed in USD, so you can easily track your bet amount.
Withdraw your winnings
To withdraw, access your account in the top menu and select [WITHDRAWAL]. Select the amount you want to withdraw with Litecoin (LTC) and enter the address of the Litecoin wallet where you want to transfer funds.
You can still play at Litecoin Casino, but later you may want to convert cryptocurrencies to cash. Simply go to the selected coin exchange and select “Sell” to exchange Litecoin in your wallet. This can be deposited into your bank account or PayPal account.
Litecoin casino bonuses: how do they work?
Majority of Litecoin casinos have a welcome reward or multiple bonuses for new gamblers. However, Litecoin casino rewards are more difficult than it sounds. Below, we have explained how the bonuses function and how you can make the most of them.
Matched Deposit Reward
The most usual welcome bonus when Litecoin Casino equals the amount of your initial deposit as a percentage of the set amount:
- Suppose your selected Litecoin casino gives all new gamblers a 200% bonus on deposits equal to 1 LTC
- If you register an account and credit 1 LTC, you will receive an extra 2 LTC from the casino
- Your initial balance is therefore 3 LTC
These casinos often give new players free spins in Litecoin slot machine games, sometimes along with other rewards. It’s risk-free – it’s so much fun to spin! Here’s how they function:
- Casino Litecoin offers new gamblers 10 extra turns on Frankenslot’s monster
- Register an account and credit some Litecoin
- For 10 extra spins, you earn $50 which will be added to your account balance
No Deposit Bonuses
They do not happen often, however you can get these bonuses minus having to credit any cash. For instance:
- Register an account with Litecoin Casino that offers a “no deposit bonus” of $15.
- Once you have confirmed the email address, a total of $15 is added to your wallet.
- In case you earn $200 with your bonus, those winnings will be added to the balance.
Litecoin casino Rewards for existing Gamblers
Casinos not only catch new players with a welcome bonus but also offer many rewards for their stay. Here are several examples.
Top-up bonus means that the Litecoin Casino matches your deposit to a particular limit – regularly on a specific day. For instance, Litecoin Casino can offer a bonus for 50% replenishment of TGIF. How the reload bonus works:
- Each Friday the Litecoin casino gives a 50% replenish for 1 lite coin.
- So your fresh balance is 1.5 LTC. Ensure you come back each Friday to get the most out of the bonus!
These casinos offer a regular rewards program with descriptions for regular customers. Ensure a constant flow of bets and deposits and get points that can be substituted for privileges such as money, free bets, additional bonuses, and gifts.
Most Litecoin casinos offer VIP status to their best customers. These large donors receive several special incentives and privileges that average players are denied, including improved promotions, loyal account managers, and betting odds, lower bonuses wagering requirements, and entrance to the VIP rooms.
Check out the bonus terms for Litecoin casinos
The bonuses are abundant, but you should go through the fine copy. Here are several important things to consider.
Each bonus has wagering requirements that must be fulfilled before the winnings accumulated from the bonus money can be paid out. This is done so that you do not withdraw your bonus after it has been credited.
- The requirements for betting are expressed in different ratios: 20x, 40x, 50x etc.
- If the wagering requirement for a $10 reward is 20x, it means that you have to pay $200 to win.
- The betting requirements for Litecoin casino are usually about 40x but they differ.
Various casino games give different sums to the total bet amount, stated as a ratio. This is subjective depending on the edge of the house of a particular game.
- Suppose you must pay $200 to win after receiving a $10 bonus for 20 bets.
- Slots regularly contribute 100% to your gambling requirements, meaning that the total amount of the bets in these games total $200.
- Roulette, however, can only use 20% of your stake for your requirements, which means for every dollar played, $ 0.20 is taken into account.
The final thing to consider is the limitation of time for most Litecoin bonuses. You will be given a certain period during which you should meet the requirements for betting, otherwise, the bonus money will expire. It can be any period from 7 to 30 days.