With the introduction of Bitcoin, multiple digital currencies have popped up, including Darkcoin, and Peercoin, but Litecoin is probably the most notable. Litecoin was created in 2011, just a few years after Bitcoin. Since its launch, Litecoin has become the second most popular digital coin in the cryptocurrency market.
It’s also received a warm welcome from the online gambling community, which is why you’ll find a number of Litecoin casinos online.
Litecoin currency can be exchanged for traditional money. Compared to Bitcoin, Litecoin is also considered less volatile, which gives the Litecoin currency owners more of an advantage. Experts believe that Litecoin is on the fast track to becoming the best cryptocurrency on the market.
As Litecoin Takes the Lead
So, how does Litecoin work? Like Bitcoin, Litecoin is a peer to peer virtual currency. Using this type of currency for transactions will allow you to enjoy instant purchases that don’t come with additional costs that usually come with traditional currency. Unlike traditional currency, Litecoin is based on an open source network, which means there’s no centralized authority around that will take advantage of your hard-earned cash. There’s no financial institutions, no government, or no banks. Instead, you’ll have total control over your money.
As the second leading cryptocurrency on the market, it comes as no surprise that a number of crypto casinos now accept Litecoin transactions. There are a couple of leading casinos that have become the casinos of choice for Litecoin owners.
Betcoin is a casino that supports Litecoin. It was founded five years ago and in that short amount of time, they have become the leading casino that accepts cryptocurrency transactions. Betcoin allows you to play 3D games by Betsoft, the pioneer, and leader in developing online casino games in 3D. Gamblers who are used to playing Betsoft games betting with traditional currency will enjoy the seamless transactions that only cryptocurrency offers.
You can play video slots, progressive jackpot slots, 3D slots, blackjack, three-reel slots, roulette, table power, craps, video poker, and baccarat. Basically, this casino offers all the games normally found at Betsoft powered casinos.
When you decide to make a deposit using your Litecoin funds, you’ll receive a deposit bonus. There are also a couple of additional bonuses that you’ll get on your second and third deposit. This casino also gives weekly, and sometimes daily rewards to loyal players. This means, the more you play, the more rewards you’ll enjoy.
Fortunately, Litecoin players can also try their hand at playing a wide range of games at the Fortune Jack casino. This is a fairly new casino that was established just four years ago. Currently, it accepts eight types of cryptocurrencies. Fortunately, players all over the world are welcome, so there’s no fear that a transaction will be blocked based on geographic location.
This crypto casino is known for their game variety and they offer plenty of fun and exciting games and more than one hundred and fifty video slots. They also have a reputation for fast and friendly customer service and support. New players will receive a sign-up bonus, as well as weekly giveaways. These rewards are based on how active a player is. Additional bonuses are offered via the loyalty program, which offers loyalty points.