Litecoin Casinos

The Litecoin payment system is one of the most popular cryptocurrencies, and it is steadily gaining ground in online casinos. This type of payment solution is only at the beginning of its journey, but it is already having a big impact on the establishment of Litecoin casinos in New Zealand. As the usability of Litecoin in casinos is still in its infancy, there is not much experience to draw on in this area, but there is some useful material that can bring us closer to the truth. In this article, we have collected a list of factors that characterise casinos where Litecoin payments are possible. How can you make payments using this method, and what are the lead times for transactions? You can find answers to these questions, among others.

What is Litecoin?

Litecoin is currently one of the most popular cryptocurrencies on the market. The APIs offered make it highly manageable and convenient to accept payments. There is no third party involved in the transfer, and payments are made directly from user to supplier. Blockchain APIs are available on various frameworks, including Python, C#, Java, PHP, and others, which makes implementation quite straightforward. Processing time for Litecoin transactions takes around 2.5 minutes, which is faster than many other cryptocurrencies and may be seen as an advantage for users seeking quicker transaction times.

What are crypto casinos?

Crypto casino sites, for example, are Litecoin casinos where you can use different cryptocurrencies among the payment methods offered. One of the most popular of them all is the Litecoin casino, but all forms of online gambling and blockchain technology-based casino payment methods can be made possible by a really good Litecoin casino.

So, in the best Litecoin casinos, players can choose from a wide range of pokies machines, a variety of table games, and other casino gaming options. In addition, many Litecoin gambling sites offer a whole host of special LTC games or other cryptocurrency-based games.

A good Litecoin casino will therefore offer you a wide range of specialised games, a large selection of casino games, but also a list of available payment methods. In the latter, the casino offers and accepts not only Litecoin but also a number of other blockchain technology-based solutions such as Bitcoin Cash, Ethereum, Ripple and the joke-starting but serious Dogecoin.

The pros and cons of using Litecoin in online casinos

The best Litecoin casinos are ready to welcome players who have large amounts of money in Litecoin savings. To do this, they create a simple process to make it as quick and easy as possible to top up your online casino balance.

Advantages:

  • The payout is instant and free: This is one of the biggest advantages of crypto casinos. While other payment methods can take days to get your money and you may not receive the full amount due to various transaction fees, this is not a risk at all for players using Litecoin. Litecoin and other crypto payments are all instant, and in most cases, they can be done completely free of charge.
  • One of the safest payment methods without the need for a third party: Litecoin deposit and withdrawal is a direct link between your wallet and your casino site. There is no need for an intermediary, no bank, no third party. In addition, there are no transaction fees and transfers are instant. So if speed and value for money are important, you should definitely use Bitcoin for your payments.
  • Get a special LTC deposit bonus: Many sites accept Litecoin deposits, but it's rarer to find special bonuses for LTC deposits. However, there are plenty of such sites, and they are usually exceptionally good offers. So it's worth taking advantage when such Litecoin deposit bonuses come your way!

Let's be honest, online gambling is all about collecting winnings and increasing wealth. That's why it's important to know how much money you're losing due to unnecessary expenses and red tape. Since cryptocurrencies such as Litecoin do not require an intermediary, there is usually no withdrawal or deposit fee. Your winnings can be converted directly into your own income and no one can take it away from you.

Whenever you pay for something online with a credit card, you're providing personal information that can be passed on to virtually anyone. Fraudsters can get your full name, address, phone number and, most importantly, your funds. Litecoin promises complete anonymity on the internet, so you don't have to worry about data leaks. You can just focus on online Litecoin gambling.

If you're an experienced gambler, you've probably encountered a number of limitations when paying with regular currency. Sometimes the casino won't allow you to pay from your country; sometimes your preferred payment method will be blacklisted; sometimes it conflicts with your country's laws and the casino's policies. Litecoin breaks all these barriers and allows you to play unlimited games at all your favorite operators.

Although it has been around for a few years, Litecoin is still technically a currency that is in its relative infancy. As a result, the number of online casinos that accept online payments is far fewer than those that allow payments using more recognisable solutions. Litecoin is a highly volatile form of currency, meaning that its value can change rapidly - sometimes for the better, sometimes for the worse. Past anonymity around Litecoin payments has been linked to potentially fraudulent activity. Obviously, as cryptocurrency has become more mainstream, it has gained a better reputation, but some shadows still remain because of past usage behavior.

Disadvantages:

  • Complicated system for new players: For those who are not experienced Litecoin players, there may be too much to do. Open a separate LTC wallet, buy Litecoin, fund your casino account, look for bonuses... It's just too much, it's too much to stomach for a beginner. If you are not a pro Litecoin user, it might be a better solution to choose another payment method at first.
  • Unstable currency: Of course, the dollar exchange rate is constantly changing, but it is somewhat predictable. Litecoin is not, which is attractive to many casino players, as the very use of the currency is a form of gambling. However, there are more predictable casino users who prefer to play it safe. And the volatility of cryptocurrencies can be a headache for many people.
  • They can also be used to launder money: What keeps many people from using Litecoin is hearing about the ways in which it can be used. And there is something to it: because it is anonymous and the transactions are untraceable, Litecoin is often used to launder money or to conduct dirty deals. Of course, we do not tolerate this in any way, but it is good to know this about Litecoin before using it.

How to deposit with Litecoin in casinos

One of the popular cryptocurrencies gaining traction in the online gambling world is Litecoin. It was introduced in 2011 and has since been embraced by an increasing number of casinos as a convenient deposit method. It is crucial for online casinos to provide as many deposit options as possible, so as Litecoin continues to grow in popularity, more casino sites are starting to support it. However, some casinos still do not accept Litecoin or other cryptocurrencies, but this is expected to change in the future.

Deposit with Litecoin in casinos Getting Started with Litecoin: A Step-by-Step Guide

  1. Create a digital wallet: The user must first create a digital wallet to store their Litecoin, which is necessary for depositing in online casinos. Additionally, Litecoins in the e-wallet can be used in any market that accepts them. Numerous online resources are available for obtaining digital wallets.

  2. Purchase Litecoin: Once a Litecoin user has a digital wallet to store their cryptocurrency, they need sources to purchase the currency. There are several online platforms available for this purpose. Additionally, there are a few on-ground Litecoin kiosks, similar to ATMs, that can be used to buy the currency.

  3. Find a Litecoin-friendly casino: Search for online casinos that accept Litecoin as a deposit method. You can often find this information on the casino's payment options or banking page.

  4. Sign up and verify your account: Register for an account at the selected casino and complete any necessary identity verification steps.

  5. Go to the deposit section: Navigate to the casino's deposit or banking page and select Litecoin as your preferred deposit method.

  6. Enter the deposit amount: Input the amount of Litecoin you would like to deposit into your casino account.

  7. Send the Litecoin: Follow the on-screen instructions to send the Litecoin from your digital wallet to the casino's Litecoin address. Make sure to double-check the address before confirming the transaction.

  8. Wait for confirmation: Your deposit may take a few minutes to be processed and confirmed by the Litecoin network. Once it's confirmed, the funds should appear in your casino account, and you can start playing your favorite games.

By following these steps, you can easily deposit Litecoin in casinos and enjoy a seamless online gaming experience.

How to withdraw your winnings in Litecoin

Just like when you use most other payment methods to withdraw funds from your online casino account balance, withdrawing Litecoin is easy. If you were particularly lucky during the game, follow the step-by-step guide below to find out how to access your winnings.

  1. Find the cashier/banking page at the Litecoin casino of your choice.
  2. Select Litecoin from the list of available withdrawal methods.
  3. Enter how much you want to withdraw, then select the Litecoin wallet you want to send your winnings to.
  4. Check the transaction details and complete the process.
  5. Enjoy your winnings!

It's important to note that you can only access the payout if you have a positive balance or if you have previously deposited and funded your account with Litecoin.

Are crypto casinos safe?

Yes, but of course it's always a precaution. In fact, it's more of a requirement. Players need to be careful about the sites to which they give their personal and financial details. Basically, we will only list trustworthy Litecoin casinos, as we have subjected most of the online casinos to serious testing. Only those that deserve our attention are listed on our site.

The hallmark of a secure crypto casino site is that the most advanced, state-of-the-art technology is used to secure your data in the Litecoin casino. They use 128 or even 256-bit Secure Socket Layer, or SSL, technology to protect both your personal and financial data. It's an encryption channel that allows the site to protect against third-party attacks and keep your data safe.

Another important feature of the best Litecoin casinos is that they should have a valid gambling license. No Litecoin casino should skimp on this, and you should take this very seriously. Only pay attention to online casinos that have a valid license, otherwise, there is no guarantee that you will receive your winnings. Low transaction fees, reliable payment methods and player withdrawal requests are the best guarantees.

How to choose the best crypto casinos?

When ranking the best Litecoin casino sites, we look at a lot of things. We'll explain a few key factors that you should always consider, and we'll use these as the basis for our review of crypto casinos.

  • Secure crypto payments: Cryptocurrency payments need to be secure for players to trust an online casino. We look for casinos that take security seriously and that have a history of protecting players' money.
  • Fast deposits and withdrawals: One of the advantages of online crypto casinos is that they can process deposits and withdrawals almost instantly. Most of the best casino sites we have reviewed process withdrawals in minutes, although some take several days.
  • Crypto bonuses and promotions: Crypto bonuses can be worth a lot of money, especially for new players. We take an in-depth look at the bonus offers from the best crypto casinos to see how much players can claim and how easy it is to meet the bonus requirements. We also look at ongoing promotions for returning players.
  • Low crypto banking fees: There are blockchain fees for depositing and withdrawing cryptos, but the casinos themselves do not charge any additional fees. None of the top crypto casinos we have reviewed charge a deposit or withdrawal fee for the cryptocurrencies they accept.
  • Fair deposit and withdrawal limits: The best Litecoin casinos should offer fair minimum deposit and withdrawal limits. In the majority of casinos we tested, players can deposit as little as $10 or $20 in crypto. Players can withdraw as little as $20 at a time, which is fair given that casinos incur some costs in processing withdrawals.
  • Wide range of crypto games: Of course, the range of games available to players on the best Litecoin gambling sites also matters. The best crypto casino sites offer bitcoin casino games such as blackjack and roulette, slots and video poker. Many players also appreciate the live dealer games, which offer a similar gaming environment to being in a physical casino.
  • Litecoin casino software: It's important to use a bitcoin casino site that is based on high-quality software so that you can enjoy quality games with great graphics and smooth mechanics, without latency. We also check that a site is using the best bitcoin casino software before adding it to our list of the best crypto casinos. 

Here we'd like to present you our list of best Litecoin Online Casinos in New Zealand:

  1. Gaming Club - One of the best Litecoin casinos in New Zealand
  2. Cosmo Casino - Overall the best Litecoin casino (accepted in USA, Canada, New Zealand)
  3. Spinbit - High-quality crypto games
  4. Zodiac Casino - Zero betting bonuses
  5. Casumo - Crypto casino with daily cash back
  6. Ruby Fortune Casino - Licensed and regulated by Curacao
  7. Rizk Casino - Popular crypto casino that accepts Litecoin
  8. Casino Kingdom - New licensed Litecoin online casino (accepted in Australia, Canada, New Zealand)
  9. Bet365 Casino - Generous Litecoin welcome bonuses
  10. Riverbelle Casino - 3000+ casino games from 69 providers
  11. Europa Casino - Exciting Litecoin casino with beginner-friendly gaming options
  12. Captain Cook Casino - Proven Litecoin casino with a user-friendly mobile app

Casumo - Crypto casino with daily cash back

There is no doubt that the most popular Litecoin casino is Casumo. On the Casumo platform, users can earn LTC coins by playing games from popular developers such as Pragmatic, Hacksaw Gaming, and Red Tiger. Users have the opportunity to test their skills in over 2700 different games. What's more, registration is a snap: in our test, it took just 30 seconds.

All we need is our email address and password. There is no need to go through any lengthy KYC (Know Your Customer) process. Moreover, there are no wagering requirements for bonuses.

It's also easy to make a deposit. In addition to using debit and credit cards, Casumo also offers the option to use Apple Pay, Google Pay, and various cryptocurrencies. To get started, all you need to deposit is just one dollar, and Casumo does not charge any fees for withdrawals.

In favor of joining the platform, Casumo's developers will carry out a crypto airdrop worth $10,000 in December 2022. To participate, all you need to do is deposit at least one dollar into your account and place at least one bet.

In case the game doesn't go as planned, you don't have to worry. Thanks to the foresight of the developers, we will receive a 15% refund on our losses for the first 7 days after our registration. To take advantage of this opportunity, all you have to do is contact the site's support team, and you'll soon receive a refund of some of your losses in the currency of your choice. And those who play really big or join the VIP club can expect additional deposit bonuses.

In addition to classic pokies, there are also a variety of games and live casino tables to choose from. These include popular games such as Supremo Fortunes, Hand of Anubis, Grand Heist, and Joker Stroker.

Category Data
Crypto bonus 15% refund and deposit bonus above the limit
Wagering requirement None
Minimum deposit 1 dollar
Payout time 5 minutes – 2 days
Accepts New Zealand players? Yes

Advantages

  • VIP bonuses
  • Over 2,700 games
  • 15% cashback
  • Multiple payment methods
  • Integrated sportsbook
  • Sports and eSports betting

Disadvantages

  • Not available from UK and USA.

Ruby Fortune Casino - Overall the best online casino bonus for new players in New Zealand

Ruby Fortune Casino is our overall favorite casino for New Zealand players, and to the great delight of both local and international players alike, it puts a lot on the "virtual table." This casino has all the classic games that players love, including blackjack, roulette, and baccarat. It also offers game show games and a number of original games not found elsewhere. Ruby Fortune originals include Dice, Mines, CoinFlip, Plinko, and Hilo.

Ruby Fortune even has live dealer games available 24 hours a day. Players can find a variety of blackjack and roulette tables with different limits, as well as sic bo and baccarat games. The only thing we missed at Ruby Fortune is poker. This top-rated casino only has a few video poker games, and there are no live poker tournaments.

A particularly unique feature of Ruby Fortune Casino is that it offers its own currency in the casino, Ruby Dollars (RD). The casino will match players' first deposit with a 180% RD bonus, and there is no limit to how much players can claim. The casino also offers deposit bonuses on players' 2nd, 3rd, and 4th deposits, with 200%, 220%, and 240% matching respectively. So players can potentially get up to 780% total match after their first 4 deposits at this casino.

Another feature to note is that Ruby Fortune accepts various payment methods, including the most popular cryptocurrencies. So virtually any crypto owner can play at this casino without having to exchange coins first.

Category Data
Crypto bonus 180 percent deposit match (paid in LTC)
Wagering requirement 1X
Minimum deposit $30
Withdrawal time 10 minutes
Accepts New Zealand players? Yes

Advantages

  • One of the best crypto betting sites on the market
  • Plays original games
  • Has live dealer tables 24/7
  • Up to 780 percent welcome bonus
  • Accepts more than 110 cryptocurrencies

Disadvantages

  • Limited poker games

Spinbit - Popular New Zealand casino with a huge range of games

Spinbit is another casino we recommend for New Zealand players that has a generous sign-up bonus promotion. Unlike some online casino sites that offer a large deposit bonus, but then make it very difficult to claim it and give you nothing unless you meet the full wagering requirement or 'rollover', Spinbit pays out bonus rewards in instalments. Clearing casino bonuses helps reduce the house edge and maximize profits.

For example, for every 150 points you earn while playing, you'll receive 0.002 LTC if you deposited in Litecoin. You have 60 days to unlock as much as you can, which is longer than some other casino sites. You can also bet in Litecoin, unlike some online casinos where you can deposit in Litecoin but then convert it to fiat currency to play with.

Another outstanding feature of Spinbit is that in addition to the table games and popular casino games that you usually find (Baccarat, Blackjack, Craps, Roulette, Slots with progressive jackpots, Keno, Live Dealer games, Video Poker, etc.), Spinbit also has its own sportsbook where you can bet on sports and eSports, as well as horse racing.

Regular promotions for players They also run regular weekly promotions, such as Free Spins Tuesday, where you get 20 free spins for topping up your account, and Deposit Bonuses Thursday, when they give you another top-up bonus.

Spinbit also offers proven fair games that pay out 10% cashback on all net losses, including Dice games and Hi Lo, both with a 97% RTP (return to player percentage).

Regular players will be enrolled in the Spinbit Loyalty Club, where they will receive additional benefits such as point multipliers, personalised bonuses, and enhanced customer service, with the highest VIP level of the Ruby VIP club even getting their own account manager.

Category Data
Crypto bonus Up to 5 LTC 100 percent
Wagering requirement 40X
Minimum deposit 0.001 LTC
Withdrawal time Instant
Accepts New Zealand players? Yes

Advantages

  • High welcome bonus in any crypto
  • The bonus is paid out in increments
  • 60 days to repay the sign-up bonus
  • Weekly free spins and reload bonuses
  • Sports betting and eSports also available

Disadvantages

  • Not available in UK and USA

Rizk Casino - Zero wagering bonuses

Rizk Casino adopts a fair and refreshing approach, with their welcome bonus featuring no wagering requirements (also known as rollover) and offering up to 300 free spins.

Many online casinos entice players with huge bonuses that are realistically unlikely to be used due to high carryover and short expiry times. Or they lure you with free spins where the winnings on the spins are subject to a rollover, which Rizk Casino doesn't require players to do.

As for casino games, Rizk Casino offers more than 7,000 popular games from top providers such as Evolution Gaming, Pragmatic Play, and many more, for both desktop and mobile devices. Payouts are usually processed within an hour, and 24/7 LIVE CHAT support is also available.

Rizk Casino provides new players with a 1% cashback for the first two weeks as a welcome promotion, as well as frequent promotions for VIP players (up to 20 percent cashback per week!), such as cash prizes for leveling up in the Mining Adventure. They also offer tournament games, which not all crypto casinos provide.

Category Data
Crypto bonus Up to 300 free spins
Wagering requirement Without spinning bonuses and rewards
Minimum deposit $20
Withdrawal time Within 1 hour
Accepts New Zealand players? Yes

Advantages

  • Seven to eight-figure jackpot prize pool
  • No complicated bonuses with high payouts, only free bet bonuses and rewards
  • Weekly cash back
  • Huge payout limits: $400,000 per month
  • High rollover betting limits in the live casino, up to 0.5 LTC or 25,000 USD

Disadvantages

  • US and UK players cannot participate in platform games

Bet365 Casino - Generous Litecoin welcome bonuses

Bet365 Casino distinguishes itself among New Zealand casinos with its sophisticated design and generous 150% deposit bonus offer of up to 2 Litecoin, making it an attractive choice for new players.

This site is also fully focused on cryptocurrencies, not just an online casino that has added crypto deposits to its operations. Players can gamble in Litecoin, Bitcoin, DOGE, ETH, USDT, and BCH currencies, and the winners of the big payouts are displayed on the website for transparency, a rare and welcome addition for crypto casinos.

Another reason to play at Bet365 Casino is the 23% cashback offer paid daily, among other types of VIP rewards. The 24/7 customer support helps you understand the many promotions. All the most popular casino games are offered, in total Bet365 Casino hosts more than 2,500 games, including tournament formats and live dealer casino games.

Category Data
Crypto bonus 150 percent up to 2 LTC
Wagering requirement 40x
Minimum deposit 0.0007 LTC
Withdrawal time Immediately
Accepts New Zealand players? Yes

Advantages

  • Bonus split between two deposit bonuses
  • Extensive loyalty rewards
  • Transparency on prizes

Disadvantages

  • Deposit bonuses are valid for 7 days

Summary

So that's it for our detailed summary of the Litecoin casino universe. We trust that you have learned everything you would have wanted to know before clicking here. We've covered all the detailed points above, including mobile crypto casinos, the whole host of crypto games, and of course, the biggest pros and cons of cryptocurrency gambling. Online casinos are still less committed to Litecoin, but progress is steady and the adoption rate will continue to grow as the currency starts to become more widely accepted.