How to gamble with Litecoin
LTC or Litecoin is one of the most popular cryptocurrencies out there which begs the question, how easy is it to gamble with it?
It turns out, Litecoin is very easy to gamble with, especially since providers like BitStartz started accepting it. With crypto growing every day, the process is also becoming easier and easier. Take a look.
What is Litecoin?
This cryptocurrency was created by Carlie Lee and was released in October 2011. It was an early spinoff of Bitcoin (BTC) which aimed to improve upon it. Instead of processing a block every 10 minutes, Litecoin does it in around 2.5 minutes. This means much faster transactions which can really help your patients.
For those that know the more technical side, Litecoin also uses scrypt in its proof-of-work algorithm.
Why you should use LTC.
If you prefer other cryptocurrencies, then go for it. Gambling with them can be just as easy as Litecoin. One of the reasons we like LTC is the exact same things that make it different from BTC, transaction times. When it comes to an easy and fast way to make deposits and withdrawals, we prefer Litecoin.
There are loads of reliable exchanges that you can use too. Provided that your Litecoin wallet is ready. These are services like Bitpanda, eToro, Coinbase, Coinmama, Kraken, CEX.io and Binance. But remember, never leave your LTC on a crypto exchange.
Find slots, poker and more ways to gamble with LTC.
You won’t be able to use LTC for every slot or poker game you join online, but fortunately, most gambling developers do allow it. Look out for Endorphina, Spinomenal, Habanero, Belatra Games, Pragmatic Play, Wazdan Games, Amatic, LuckyStreak Games, Evolution, Platipus, Booming Games, BGaming and Nolimit City. Any one of those will let you bet with LTC.
It is still important to remember that your budget with crypto should work the exact same way as it does with fiat currency. It needs to be budgeted and strict. For more help on gambling responsibly, read our article HERE.