Cryptocurrency becomes more popular as a payment method among online casino gamblers. There are many reasons for that. Deposits and withdrawals with crypto are usually faster (or instant), more secure because the transactions are trackable and anonymous, and the payments are more reliable, because the transactions are irreversible. So, more and more players want to bet with crypto, so more and more online casinos start accepting this method of payment. However, the rules that can actually be applied to payments and bets in online casinos with Litecoin can be tricky. This is why all gamblers who want to start betting in Litecoin should first investigate, and pay attention to a list of important aspects.
Bonus Conditions for Litecoin
Most players who register real money accounts at a new online casino want to claim one or more bonuses from this casin, because bonuses are among the main attractions of web gambling. However, if the player wants to deposit, bet, and withdraw money in cryptocurrency, they should pay attention to bonus rules, and Bonus Terms and Conditions. The point is, many Online Cricket Betting ID do not allow bonuses for customers depositing in crypto. Other sites may not allow you to change the currency in your profile, if you decide to first deposit in fiat currency to get the bonus, and then shift to cryptocurrency. Most often, bonuses for crypto deposits are allowed specifically in cryptocurrency casinos. So, this is definitely something to keep in mind.
Deposit and Withdrawal Rules
Regardless of whether you do or do not want to claim any bonuses on your cryptocurrency deposit, you should read payment rules before you deposit anything at all to the site. Payment rules are not limited by the list of available crypto wallets – go to Terms and Conditions and check the Payments section. Look for minimum and maximum allowed deposits per transaction, minimum and maximum withdrawal limits, and maybe maximum withdrawal for bonus winnings, if bonus is available to you. There may be other important rules, too, so reading Terms and Conditions is crucial before you register, and provide any of your data.
Casino Terms and Conditions for Litecoin Gamblers
Terms and Conditions is usually a long document that seems boring and intimidating at the same time. However, the thing you should check in the first place is Payments, because in addition to deposit and withdrawal limits, transaction fees, and available currencies in addition to Litecoin, you can find a bunch of curious rules there, in fine print, so to say.
For example, you can find out that you are allowed to deposit and withdraw in Litecoin, but the bets are only possible in fiat currency, so you will need to exchange your digital currency into fiat, make bets, and then exchange again to withdraw (this is an actual case from an online casino). Or, you can find out that Litecoin and other digital coins are allowed, but the default currency of the site is USD (or EUR, or whatever), so the casino reserves the right to sometimes pay your winnings out in USD instead of your preferred Litecoin. Or, you can find out that only deposits in Litecoin are allowed, not withdrawals (another real case). So, read T&C really carefully, to know exactly what rules will be applied to your money.
Exclusive Games for Litecoin Bets
If you are interested in some new games, check out the casino’s lobby and see, firstly, how many games they have in general, and secondly, whether there are any exclusive cryptocurrency games created by specific software providers especially for Litecoin-betting customers. Some casinos are cool enough to have a bunch of such games, unavailable on other platforms.
Progressive Jackpots & Live Dealer Games
As a rule, customers depositing and betting with Litecoin and other digital coins are not allowed to play Live Dealer Games and Progressive Jackpots. This happens because both Live Dealer category and Progressives category are not managed by the casino autonomously, but are provided by third parties which may or may not allow crypto in their sole discretion. This is just a thing to keep in mind; if the casino site allows bets in Litecoin on Live Dealer and Progressives, kudos for that.