Litecoin is among the top online casino banking methods, popular for its security, speed, and anonymity. Cryptocurrencies like Litecoin have become a top choice for many Canadian players. In this review, I will introduce you to what Litecoin is and uncover some of the best Litecoin casino sites you can try out in Canada for fast, anonymous, and secure transactions.
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🏆 The Best Litecoin Casinos for Canadian Players
🏆 Best Litecoin Casino | Casombie Casino |
🎁 Top Litecoin Casino Bonus | LegendPlay Casino |
🆕 New Litecoin Casino | Betalright Casino |
This guide will help you find the best Litecoin casinos online in Canada as there are plenty of options available. In this review, I will point you to the top options worth trying out. Here is what else you will find on this page:
- ✅What betting sites accept Litecoin?
- ✅Litecoin pros and cons
- ✅Best Litecoin bonuses
Casombie Casino
Casombie casino is a multi-gaming platform and one of the best Canadian sites that accept Litecoin. You can access over 4,000+ Litecoin casino games when you deposit with Litecoin. The casino supports both deposits and withdrawals with several cryptocurrencies. For Litecoin, the minimum deposit and withdrawal is $30, and there are no fees incurred.
As you would expect, withdrawals via Litecoin are instant as with other cryptos on the site, and I was able to claim Casombie’s welcome bonus of $750 and 200 free spins using Litecoin. Read my Casombie casino review to learn more.
LegendPlay Casino
LegendPlay casino is another top Litecoin casino in Canada. It is a multi-gaming site that offers players over 2,000 casino games, a live casino, and an impressive sportsbook. These gaming options are available to all players, including those depositing via cryptocurrencies like Litecoin.
The site supports both deposits and withdrawals with Litecoin. I was able to deposit as low as $20 with Litecoin, unlike Bitcoin which requires a $45 minimum deposit. If you decide to cash out your winnings via Litecoin, reaching your wallet takes between one and three days. Learn more in this LegendPlay casino review.
Betalright Casino
Betalright casino is among the new Litecoin casinos on the Canadian market, featuring over 2,000 casino games, a live casino, and a sportsbook. Betalrigt casino has 13 payment methods, including credit/debit cards, e-wallets, prepaid vouchers, and cryptocurrencies like Litecoin.
I was able to deposit and withdraw as low as $20 via Litecoin which allowed me to claim $750, 200 free spins, and one bonus crab as a welcome bonus. Should you decide to withdraw your winnings via Litecoin, you are sure to receive them within a few minutes.
❔What Is Litecoin?
Litecoin is a peer-to-peer cryptocurrency that was launched in 2011 as a lighter alternative to Bitcoin. Built to offer faster transaction times and lower fees, Litecoin quickly gained popularity among crypto fans. Like Bitcoin, Litecoin operates as a decentralized digital currency, free from ties to financial institutions and uses blockchain technology with advanced security features.
Today, Litecoin is one of the top cryptocurrencies, widely accepted across various online platforms, including online casinos. The rise of Litecoin casinos has been significant, providing Canadian players with quick, secure, and cost-effective banking options. Many players prefer to maintain privacy in their transactions. Litecoin serves as a fully confidential casino payment option in gambling, allowing players to deposit and withdraw instantly.
📑 How to Open an Account at Litecoin?
Litecoin operates as a digital currency rather than a payment provider such as Interac. This means the setup process is different from opening an account with an e-wallet. Here is a step-by-step guide to help you get started with using Litecoin.
- Choose a Wallet: Select a crypto wallet to store your Litecoins. Options include software wallets (like Electrum-LTC), mobile wallets (like LiteWallet), hardware wallets (like Ledger Nano S), or online wallets (like Coinbase).
- Download and Install: Download and install your chosen wallet. Follow the on-screen instructions to complete the setup.
- Create an Account: Open the wallet application and create an account. This usually involves setting a secure password and backing up your wallet recovery phrase. The recovery phrase is crucial for accessing your wallet if you forget your password.
- Verify Your Identity: Some wallets or exchanges might require identity verification. Provide the necessary details, such as your name, address, and a government-issued ID.
- Fund Your Wallet: Purchase Litecoin from the official Litecoin website or an exchange like Binance, then transfer it to your wallet using your wallet address. You can buy Litecoin using fiat currency or other cryptocurrencies.
- Secure Your Wallet: Enable two-factor authentication (2FA) for added security and ensure your recovery phrase is stored in a safe place.
- Register at a Litecoin Casino: Choose a reputable online casino that accepts Litecoin like the ones reviewed above and register an account.
💳 How to Deposit to Online Casinos Using Litecoin
Before you can use Litecoin at casinos that accept Litecoin, you need to make a deposit. Depositing with this payment method at online casinos is just as easy as with any other option.
- Visit your preferred Litecoin casino and go to the 'Cashier' or 'Deposit' section.
- Choose Litecoin as your deposit method. The casino’s wallet will display an address. Copy and paste it into your crypto wallet.
- Choose the amount you want to transfer to your casino account and press 'Send'. You might need to complete verification.
- Confirm the transaction on your crypto wallet. The funds will be sent to your casino account immediately. The longest it could take is just a few minutes.
💵 How to Withdraw from Online Casinos Using Litecoin
Can you withdraw money from Litecoin casino sites? Well, you can. When it’s time to cash out any potential winnings you make, the process is quite easy. Like deposits, withdrawals with Litecoin are instant, which is one of the reasons many players prefer this option. Here are the steps you need to request a withdrawal with Litecoin:
- Sign in to your account using your Litecoin casino login credentials.
- Select Litecoin as your withdrawal method and enter your crypto wallet address.
- Enter the amount you wish to withdraw and press 'Confirm'. You might need to do additional verification.
- Keep in mind the minimum and maximum withdrawal amounts when requesting a withdrawal. This will depend on the casino you are playing at.
- Confirm the transaction in your crypto wallet and wait for the casino to transfer the funds into your wallet. It shouldn’t take more than a few minutes.
👍👎 Advantages and Disadvantages of Litecoin Casino Payment Method
Like every other payment method, Litecoin has its share of benefits and drawbacks. Below, I have listed some of the main pros and cons of using Litecoin as a casino payment method:
Advantages of Litecoin | Disadvantages of Litecoin |
---|---|
✅ Anonymous transactions | ❌ Value of Litecoin is volatile |
✅ Safe and secure | ❌ Not many casinos accept Litecoin |
✅ Instant transactions | |
✅ Low transaction costs |
💰 Are Casino Bonuses Available if Depositing with Litecoin?
When playing at the best Litecoin casino sites, you will be eligible to claim a good range of casino bonuses, from a Litecoin casino sign-up bonus and cashback offers to reload bonuses and free spins. You might be lucky to get a Litecoin casino no-deposit bonus, but such offers are rare to come by. Below, I have included some of the top bonuses you can claim at the best Litecoin casino sites in Canada:
Litecoin Casino | Casino Promotion |
---|---|
Casombie Casino | 100% up to $750 + 200 Free Spins |
LegendPlay Casino | 100% up to $750 + 200 Free Spins |
Betalright Casino | 100% up to $750 + 200 Free Spins + 1 Bonus Crab |
🏦 How we Rank Litecoin Casinos
During my reviews, I research every aspect of the top Litecoin casino gambling sites I recommend, as not all real money online casinos are the same. These are the key aspects I assess to ensure that you have access to an enjoyable and safe gaming experience:
- Safety & Security: I only recommend online casinos that are safe to play at. To do this, I check that the Litecoin casino real money site is licensed by a reputable regulatory authority and uses the latest encryption to protect players’ information and financial transactions.
- Speed of Payment: Nobody wants to wait for days to receive their winnings. That’s why I only recommend sites that offer instant deposits and withdrawals via Litecoin.
- Bonuses and Promotions: While I look out for sites that offer huge bonuses, I also check that the wagering requirements are easy to meet and other terms and conditions (T&Cs) are clear and fair.
🆓 Is Litecoin Free to Use?
Some cryptocurrency wallets require registration fees, but you have the option to choose one that is free. When it comes to buying Litecoin, you might incur some fees, depending on the amount of coins you need. If you are converting cryptocurrencies, you might also have to pay fees. However, when depositing or withdrawing with Litecoin, most casinos will not charge you.
🔐 Is Litecoin Safe and Secure?
Like other cryptocurrencies, Litecoin is completely safe and secure. For one thing, cryptos are among the most secure payment methods as they use high-security measures and run on blockchain technology. Just ensure you are playing at a licensed online casino to be sure your transactions are safe. The casinos in this review are all licensed.
📲 Litecoin Casino Mobile App
Litecoin is a cryptocurrency that is stored in a crypto wallet, so it does not have a mobile app. Despite the absence of a Litecoin app, many casinos offer mobile versions of their sites or apps. This means you might find yourself playing at a Litecoin casino mobile site or using Litecoin casino site apps. These are some pros and cons of playing at Litecoin mobile casinos:
Pros of Litecoin App | Cons for Litecoin App |
---|---|
✅ Faster transactions | ❌ Possible fees |
✅ Track Litecoin prizes | |
✅ iOS and Android-friendly |
🏦 Alternative Payment Providers
While Litecoin offers quick transactions, better security, and minimal fees, it might not appeal to every player as not every casino accepts Litecoin casino payments. Here are some popular alternatives you can use:
- Bitcoin: Bitcoin is the next best alternative to Litecoin, accepted at most crypto casinos. It offers quick and secure deposits and withdrawals, but its value fluctuates often.
- Neteller: One of the most popular e-wallets available at most Canadian casinos, Neteller offers fast withdrawals. However, it might not be eligible for claiming welcome bonuses.
- MuchBetter: MuchBetter is an e-wallet service that supports both deposits and withdrawals. There are zero fees involved, but not all casinos accept this option.
⚖️ Our Verdict on Litecoin Casino Payment Method
Litecoin is one of the safest and fastest ways to make and receive payments at online casinos. Your details and transactions are kept anonymous and deposits and withdrawals are instant. One of the biggest downsides of using this payment method is that you are likely to incur certain fees. Plus, the value of Litecoin is very volatile. Regardless, you will find many online casinos that accept and offer bonuses for using this cryptocurrency.
❓ Frequently Asked Questions about Litecoin Casinos
What is Litecoin?
Litecoin is a cryptocurrency that was developed as an alternative to Bitcoin in 2011. It is currently one of the top cryptos used at online casinos.
Can I use Litecoin at online casinos?
Yes, cryptocurrencies have become popular at online casinos, and Litecoin is one of them. Several online casinos accept this cryptocurrency. Be sure to check my recommendations above.
How long do casino transactions take when using Litecoin?
Like other cryptocurrencies, deposits and withdrawals with Litecoin are completed instantly.
Is Litecoin secure to use when gambling online?
Cryptocurrencies offer one of the highest levels of security, so it’s 100% safe to use Litecoin for online gambling. Just make sure you’re playing at a licensed site.
Are there any fees for using Litecoin at online casinos?
Yes. You’ll incur fees when buying Litecoin, exchanging currencies, and sometimes when depositing at some online casinos. Either way, these fees will be minimal.
Kayleigh reviews online casinos and sportsbooks while coordinating training initiatives for new recruits at Casimoose.ca. She excels at sharing her love for the iGaming industry and puts her past experience to good use. With a background working for the biggest gambling brands online and a strong analytical ability, Kayleigh developed a natural gift in breaking down each component of online casinos, betting sites as well as their offerings and hasn't looked back. Outside of Casimoose, she's a proud Ontarian with a love of sports and entertainment.