Litecoin Betting

Sports betting fans can now choose from a wide range of Litecoin betting sites that allow betting on many different sports. If you wish to start betting with Litecoin now, you can pick from our list of Litecoin sportsbooks and sign up to start betting right away.

Overview – What is Litecoin?

Litecoin was founded in 2011 by Charlie Lee, who is a computer scientist and a cryptocurrency enthusiast. Just like Bitcoin, Ethereum and other cryptocurrencies, Litecoin is a blockchain-based cryptocurrency that requires users to mine to generate new coins. The blockchain consists of a common ledger that stores transactions in blocks. And much like Bitcoin and other popular cryptocurrencies, Litecoin is a decentralised digital currency. This simply means that LTC facilitates peer-to-peer transactions without being regulated by a third party or central bank, unlike fiat currencies.

Purchasing and Storing Litecoin for Sports Betting

One notable similarity between Litecoin, BTC and other cryptocurrencies is that users need to purchase LTC and find a wallet to store the digital currency. You can buy any cryptocurrency through cryptocurrency exchange platforms using popular credit cards or debit cards. Some of the best crypto exchange platforms for purchasing LTC include Binance, Coinbase Pro, Kraken, Bitfinex, Gemini and CEX.io.

You will need a crypto wallet to store your Litecoin after purchasing it. You can find many online wallets as well as software wallets, which require downloading and installing an app on your desktop computer or mobile device. The best LTC wallets today include Exodus, Mycelium, Ledger Nano S and Trezor.

Facts About Litecoin Betting

Types of Bonuses when Gambling with Litecoin

Our LTC bookmakers will let you place all bet types on various markets with attractive odds. The interesting part is that you can boost your deposit amount with bonuses to place the best UK free bets. We should also mention that many of our Litecoin betting sites also have a casino game section. There, online casino fans can play real money Litecoin slots, jackpot slots, table games and video poker games while using Litecoin as a payment method. Most of these games have a friendly house edge, so the odds of winning are good.

New customers at the sports wagering sites listed here get a chance to scoop different types of welcome bonus offers such as free bets, risk-free bets and first deposit bonus offers. If the selected betting site has a casino section with slot games, players may benefit from bonus spins as well. For existing customers, our LTC wagering sites offer tasty odds boosts, loyalty bonus offers, sportsbook reload bonuses and cashback bonus offers. In case you have difficulty claiming any of these bonuses, contact the customer service team for assistance.

Conclusion

Litecoin sports betting sites are a great option for online punters looking for the best deposit options. Sports punters can enjoy wagering on any sport with Litecoin deposits and cash out their winnings without having to change their payment method. Litecoin is faster than credit and debit card deposits and allows users to make anonymous transactions. Check our LTC bookmakers if you want to give this method a chance.