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LTC Casinos: Depositing Made Simple
Dubbed ‘the silver to bitcoin’s gold’, litecoin was one of the first altcoins in circulation – having been developed a mere two years after bitcoin.
Since then, LTC casino business has been booming – with a steady increase in the popularity of LTC casinos due to its many benefits, including the ability to gamble anonymously.
4 reasons why LTC casinos are so popular
If you’re interested in using litecoin to gamble, then you’ll be thrilled to know that this is a top choice for many novice and seasoned gamblers. LTC gambling is advantageous for myriad reasons, some of which we’ve outlined below:
- Deposit and withdraw using litecoin from anywhere in the world
- Enjoy lower transaction fees
- Have your deposits and withdrawals processed with super-speed
- Benefit from heavily fortified transactions thanks to secure cryptography
Now that you know how immensely beneficial LTC casinos are, it’s time to look into LTC casino deposits. Let’s get started!
How to deposit at an LTC casino
Not all casinos have litecoin deposits as an option – but you’ll never have to worry about that at Punt Casino, where multiple cryptocurrencies are supported, and you can deposit using bitcoin, bitcoin cash, ethereum, binance coin, and ripple!
Here’s how to get started depositing with litecoin:
If you’re new to the world of crypto, you most likely don’t have a crypto wallet set up yet. No sweat – it’s incredibly easy to set one up. We’ve outlined the steps you need to follow to create a crypto wallet here.
You will need to use this crypto wallet to purchase your litecoin, and to deposit into your Punt account.
Once that’s sorted, there are two ways that you can deposit litecoin into your account:
Option 1: By making use of the quick deposit window on Punt’s homepage
When you make a deposit using the quick deposit window, you’re able to create an account, make your deposit, and claim the first part of your welcome bonus (125% up to 3 BTC and $25 Free Chip) simultaneously.
Option 2: By logging in and navigating straight to the cashier
If you want to sign up at Punt Casino, but don’t want to make a deposit straight off the bat, you can do so through this method.
Simply click on the blue Sign Up button at the top left of your screen. Enter your details (email, password, and preferred currency). Once you’ve completed the sign up process, navigate to the Punt Cashier.
Next, select your deposit amount (or enter it manually). Choose Litecoin as your deposit method. Then, click Deposit.
Copy the web address and paste this into your crypto wallet. Alternatively, scan the QR code for even quicker access. Then, deposit the amount that you chose in the deposit window into your crypto wallet.
Once the deposit has been verified and approved, your funds will instantly appear in your account! If you’ve taken up your welcome bonus, that will appear in your account, too.
It’s that easy! Now, the real fun begins
Next – it’s time to explore the thousands of games at your disposal, and benefit from a premium litecoin casino experience from the moment you start playing.
Why Should I Gamble with Litecoin?
Litecoin is a decentralised, peer-to-peer virtual currency that can be used to make payments anywhere in the world. It offers lower processing fees and faster transactions – ideal if you’re using it to gamble at an LTC casino.
There are myriad benefits to gambling with litecoin, which have been listed below. Let’s take a look:
LTC Casino Benefits
Litecoin can be used anywhere in the world
You can make litecoin deposits and withdrawals at any supporting casino, from anywhere in the world. Forget about the restrictions and limitations of traditional payment methods, which may be geo-restricted. With litecoin, you can deposit and withdraw at any time – no matter where you’re playing from.
Litecoin transactions are known for being super fast
You already know that transactions using cryptocurrency are processed much quicker than traditional (fiat) currencies. With litecoin, this is even more apparent. This means that you can get your winnings much quicker than if you were playing with a debit or credit card, for example. Litecoin is even faster than bitcoin – with the average transaction taking a mere 2.5 minutes to complete, in comparison to bitcoin’s 10 minutes.
Litecoin transactions are incredibly safe
All crypto transactions are protected by blockchain technology that uses secure cryptography. The blockchain acts as a digital ledger that records each and every litecoin transaction – making it impervious to being altered. Additionally, only the individual with the key and password can access their litecoin account – which means it cannot be accessed by anyone other than the account holder.
Litecoin has low fees
One of litecoin’s advantages is the low transaction fees. Litecoin is cheaper than fiat currencies. Plus, when you play at a casino such as Punt, there are no additional transaction fees.
LTC casino deposit recap
Now that you’ve got the 411 on depositing with litecoin, you’ll notice how incredibly seamless (and simple!) it is. For a quick recap:
- Step 1 – Navigate to the quick deposit window on the Punt Casino homepage
- Step 2 – Enter your deposit amount and select your currency (for example, USD) from the drop-down menu
- Step 3 – Choose Litecoin as your payment method
- Step 4 – Copy the web address into your web wallet
- Step 5 – Deposit into your Player Account from your web wallet
- Step 6 – Claim your welcome bonus: up to 6 BTC and a $25 Free Chip