LTC? This Is How Easy It Is to Bet With Litecoin at Bitstarz
With Litecoin being one of the world’s most popular Altcoins, it has brought a lot of joy to not only traders and investors but also to many casino players. Why, besides the obvious increase in value? Because since January of 2018, players have been able to enjoy Litecoin betting at the one-stop-shop and number one Litecoin casino, BitStarz.
To bet with LTC is as easy as Sunday morning and if you are new to this area or just need a little reminder, BitStarz will always work towards making things easier for you. With that said, let’s break down why you should use your Litecoin when you play.
What Exactly Is Litecoin?
Litecoin was first released all the way back in October 2011 and the man behind it was Charlie Lee, a Google employee who later became Engineering Director at Coinbase.
Being an early spinoff from Bitcoin, LTC is actually nearly identical to BTC in terms of technical details although it does differ, specifically in these two areas:
- The Litecoin Network aims to process a block every 2.5 minutes, rather than Bitcoin’s 10 minutes. This allows Litecoin to confirm transactions much faster than Bitcoin.
- Litecoin uses scrypt in its proof-of-work algorithm, a sequential memory-hard function requiring asymptotically more memory than an algorithm which is not memory-hard.
Already a very popular coin, all signs point towards a very prosperous future for the LTC so it is held in high regards among crypto fans around the world.
Why Bet With Litecoin?
There are plenty of reasons why Litecoin is the way to go when playing at BitStarz, besides the fact that it’s both easy and fun. You do have the option of using other cryptocurrencies as well but if LTC is your preferred choice then get ready for a good time.
First of all you will appreciate the speedy transaction times. We all want to save time instead of wasting it so not having to wait around for lengthy deposits or withdrawals is a much appreciated upside.
On top of the quick transactions and easy access to gameplay, you will also be able to take advantage of our very generous welcome package and get hooked up with a massive 250 LTC + 180 free spin. Clearly the welcome package alone is a great reason to use LTC as your preferred currency.
Where Can I Get Litecoin?
Getting your hands on LTC is super easy as there are lots of reliable exchanges out there, ready to be of assistance as long as you have your Litecoin wallet ready.
Some of the best and most popular exchanges at the moment are: Bitpanda, eToro, Coinbase, Coinmama, Kraken, CEX.io and Binance. Whether you prefer to exchange other crypto for Litecoin or simply buy more using fiat currency, you can do your bidding at any of these exchanges.
Just remember to never store your LTC on a crypto exchange.
Here’s How You Can Deposit and Withdraw Using Litecoin
In order to make a deposit, simply click the green deposit button in your top right corner. If you haven’t already chosen LTC as your preferred currency, you can do so here. Another way is to go into your account, click on LTC if already displayed or simply add it from the list.
When that’s done, add the deposit address showing or scan the QR code in order to complete your transaction.
If you have gone on a hot streak and bagged some nice wins and would like to make a withdrawal, just choose the cash out option, insert your LTC address and voilá. Remember that this transaction may take up to 1 hour before completion.
Use Your Litecoin and Take Over the Following Games
After getting the nitty gritty out of the way, it’s time to focus on the fun stuff. What games can I play? Not all providers are up to par with the latest crypto gambling technology and will allow Litecoin gambling, but if there’s any place where that is just a minor hiccup, it’s right here at BitStarz.
We have an impressive lineup of providers that will accept your LTC betting. The ones you can turn to and put your hard earned LTC to the test are: Endorphina, Spinomenal, Habanero, Belatra Games, Pragmatic Play, Wazdan Games, Amatic, LuckyStreak Games, Evolution, Platipus, Booming Games, BGaming and Nolimit City.
With the above providers backing you up, you will have full access to some of the most popular Litecoin games and slots in the BitStarz arsenal. You can for example take a swing at the following nuggets:
Elvis Frog in Vegas – BGaming, Fire in the Hole xBomb – Nolimit City, Wolf Gold – Pragmatic Play, 1001 Spins – Platipus, Queen of Fire – Spinomenal, and Book of Tombs – Booming Games.
Best of Luck
At BitStarz, you’re never far away from a big win, a free deposit bonus or more and as you can see, you won’t have any issues using your LTC with us either. Now get out there and have some fun and let your Litecoin lead you to victory!