Litecoin: the smarter crypto for spending.

Built in 2011 as "the silver to Bitcoin's gold," Litecoin is made for moving money, not just holding it. For gambling that pays off directly: deposits confirm in minutes instead of an hour, fees are a fraction of a cent, and withdrawals clear faster than Bitcoin at most sites.

Block time 2.5 min 4× faster than Bitcoin
Network fee Under $0.01 regardless of amount
Deposit speed Under 10 min after 1–3 confirmations
Withdrawal 1–24 hrs arrives in minutes once sent
Privacy Pseudonymous no bank sees your transactions
Acceptance Near-universal almost every crypto site
Why Litecoin over Bitcoin

The silver to Bitcoin’s gold.

Litecoin was built from Bitcoin’s code to be faster and cheaper for everyday transactions — and for gambling, that is exactly what you want. Same job, in a fraction of the time and cost. Keep Bitcoin for holding; use Litecoin for moving money in and out.

Bitcoin (BTC)
Speed10–60 min
Fee$0.50 – $50+

Works fine, but you pay more in network fees and wait longer for confirmations. Best kept for holding — the digital gold you don't move often.

vs
Ł Litecoin (LTC)
SpeedUnder 10 min
FeeUnder $0.01

Does the exact same job for routine deposits and withdrawals — just faster and far cheaper. The silver to Bitcoin's gold: built for spending, not just storing.

The tutorial

How to create a wallet.

Before you can deposit, you need somewhere to hold LTC that you control. A non-custodial wallet takes about five minutes to set up and is free. Follow these steps exactly — the two flagged with a warning are where people lose money.

1

Download from the official source only

Get the wallet from the developer's real website or your phone's official app store — never a link in an email, ad, or DM. Fake wallet apps exist solely to drain your funds. Verify the publisher name before installing.

2

Create a new wallet

Open the app and choose "Create a new wallet." It generates a 12- or 24-word recovery phrase (also called a seed phrase). This phrase IS your money — anyone who has it controls your LTC.

3

Write the recovery phrase on paper

Write all the words down by hand, in order, on paper. Store it offline somewhere safe. Never screenshot it or type it into notes, email, or cloud storage. Phones get hacked; paper in a drawer does not.

4

Lock the app

Set a strong password and enable biometric (Face ID / fingerprint) unlock. This protects the app on your device — but the recovery phrase can restore the wallet anywhere, so the phrase is what truly matters.

5

Find your LTC receive address

Tap "Receive" to see your Litecoin address (modern ones start with ltc1) and QR code. This is what you share to get paid. It's safe to share — it only lets people send you LTC, never take it.

6

Fund it with a small test first

Buy LTC on an exchange (or receive it), then send a small amount to your wallet first to confirm everything works before moving larger sums. A test transaction costs a fraction of a cent and prevents expensive mistakes.

Three wallets we recommend

All three are free, non-custodial (you hold your own keys), and support Litecoin natively. Pick by how you like to work.

Nexus Wallet

Simple mobile self-custody

A clean, self-custody mobile wallet that keeps your keys on your device. Straightforward to set up and use, with Litecoin support and a no-frills interface — a solid pick if you want something simple for sending and receiving LTC on your phone.

  • Mobile-first
  • Non-custodial
  • Litecoin + more
  • Free

Exodus

Best for most users

A desktop-and-mobile multi-coin wallet with a built-in exchange and a famously clean interface. Supports LTC, BTC, ETH, and 100+ coins, so you can hold everything in one place. The built-in swap is convenient even if its rates aren't the absolute cheapest.

  • Desktop + mobile
  • Non-custodial
  • LTC + 100+ coins
  • Built-in swap

Trust Wallet

Best phone-only option

A hugely popular, open-source mobile wallet that supports Litecoin natively alongside thousands of other assets. Simple enough for a first-timer, non-custodial, and free. Great if you want one app for LTC and every other coin you might hold.

  • Mobile + browser extension
  • Non-custodial
  • LTC + multi-chain
  • Free
Moving money in and out

How to deposit & withdraw.

With a funded wallet, depositing takes a couple of minutes. The flagged step — sending to a genuine Litecoin address — is the one to slow down on, because Litecoin transactions can't be reversed.

1

Get Litecoin

Buy LTC on any major exchange — Coinbase, Kraken, Binance — or through apps like Cash App. Transfer it to your own wallet for better privacy and account safety (more on that below).

2

Open your casino deposit page

Log in, go to the cashier, and select Litecoin as your deposit method. The site displays a unique LTC address and a QR code.

3

Send LTC to the casino address

Copy the address or scan the QR from your wallet, enter your amount, and send. Double-check the address first — and make sure it's a Litecoin address (starts with L, M, or ltc1), never a Bitcoin one. Crypto transactions are irreversible.

4

Wait for confirmation

Litecoin blocks confirm every 2.5 minutes. Most casinos credit after 1–3 confirmations — typically under ten minutes.

5

Play

Your funds appear in USD at the current rate. No casino-side fees on LTC deposits — the only cost is the tiny network fee, usually under a cent.

Withdrawing your winnings Go to withdrawals, select Litecoin, paste your own LTC wallet address, and choose your amount. Processing takes 1–24 hours depending on the site; once sent, it arrives in your wallet within minutes. Confirm the address is a Litecoin one (starts with L, M, or ltc1) — never a Bitcoin address — and withdraw to your personal wallet, not straight to an exchange (more on why next).
The distinction that protects you

Your wallet is not your exchange.

This is the single most important thing to understand. An exchange (Coinbase, Kraken, Binance) is where you buy and sell LTC for dollars. Your wallet is where you hold and spend it. Keep them separate — and never send coins directly between an exchange and a casino in either direction.

Exchange Coinbase · Kraken · Binance
  • Best place to buy & sell LTC for US dollars
  • Familiar, bank-linked, easy to fund
  • Custodial — they hold your keys and can freeze funds
  • Requires full ID verification (KYC)
  • Many ban gambling-related transactions outright
Your own wallet Nexus · Exodus · Trust Wallet
  • Non-custodial — you alone control the LTC
  • No one can freeze or reverse your funds
  • Pseudonymous — no gambling flag on a bank account
  • Free, instant to set up, no permission needed
  • You are responsible for your recovery phrase
⚠ Exchange ban risk Many major exchanges’ terms of service prohibit gambling-related activity, and they actively flag transactions to and from known casino addresses. Coinbase and others have frozen or closed accounts over it — potentially locking up your whole balance. Read your exchange’s terms before you do anything, and always route through your own wallet: buy on the exchange → withdraw to your wallet → send to the casino, and the exact reverse when cashing out. That extra hop is what keeps your exchange account safe.

Staying safe

Crypto puts you in control — which means the security is on you too. Four habits that prevent almost every common loss, starting with the one that catches Litecoin users out.

Never mix LTC and BTC addresses

A Litecoin address is not a Bitcoin address. Send LTC to a BTC address (or vice versa) and the funds are gone permanently. Confirm you're on the Litecoin network every single time.

Guard the recovery phrase

It's the master key. Paper only, offline, never shared. No legitimate service will ever ask for it — anyone who does is scamming you.

Verify every address

Copy-paste the address and check the first and last few characters before confirming. Address-swapping malware is real, and LTC sends are irreversible.

Beware phishing

Bookmark your casino and wallet sites. Don't click links in emails or ads. Fake login pages and fake wallet apps are the #1 way people lose crypto.

The honest scorecard

Litecoin’s pros & cons.

Litecoin is faster and cheaper than Bitcoin for moving money, but it isn't the most established or stable option. Here's the straight trade-off.

The upside
  • Faster than Bitcoin — 2.5-minute blocks mean deposits credit in under ten minutes.
  • Near-zero fees — typically under $0.01 per transaction, regardless of the amount.
  • Widely accepted — supported at nearly every crypto-friendly casino and poker site.
  • No bank involvement — no cash-advance fees, no declined cards, no gambling on your statement.
  • Easy to buy — available on every major exchange and many payment apps.
The trade-offs
  • Price volatility — LTC value fluctuates; a $500 deposit today might be $450 or $550 tomorrow.
  • Requires basic crypto knowledge — you need a wallet and an exchange account to start.
  • Irreversible transactions — no chargebacks. A wrong address means the funds are lost.

Casinos & Poker Sites That Accept Litecoin

Every site below accepts LTC deposits and withdrawals. Scores are based on our full review methodology — not just crypto support.

We have affiliate agreements with all sites listed. Commission does not affect scores. Read our affiliate disclaimer →

BetOnline logo

BetOnline

Poker + Sports
7.9
/10
Safety
Payouts
Games
Offshore Casino Editor's Pick Crypto

Solid all-rounder — poker + sports + casino with the best card deposit rates

Bovada logo

Bovada

Poker + Casino + Sports
7.8
/10
Safety
Payouts
Games
Offshore Casino Crypto Anonymous Tables

Good — Poker + casino + sportsbook under one roof, crypto-first

Ignition Casino logo

Ignition Casino

Poker + Casino
7.7
/10
Safety
Payouts
Games
Offshore Casino Crypto Anonymous Tables

Good — Best US poker site, solid casino, crypto-first

Litecoin vs Bitcoin for Online Gambling

Litecoin (LTC) Bitcoin (BTC) Ethereum (ETH) Bitcoin Cash (BCH)
Deposit Speed Under 10 min 10–60 min 1–5 min 10–30 min
Withdrawal Speed 1–24 hours 1–24 hours 1–24 hours 1–24 hours
Fees Under $0.01 $0.50–$50+ (varies with congestion) $0.50–$20+ (gas) Under $0.01
Acceptance All major crypto sites Universal All major crypto sites All major crypto sites
Before your first deposit

Three steps from dollars to the table.

01

Set up a wallet you control.

Nexus, Exodus, or Trust Wallet — free, five minutes, non-custodial. Write the recovery phrase on paper and guard it. That wallet, not an exchange, is your hub.

02

Route everything through your wallet.

Buy on an exchange, move to your wallet, then send to the casino — and the reverse to cash out. The extra hop keeps your exchange account off the gambling radar.

03

Litecoin addresses only, after every session.

Never send LTC to a Bitcoin address — the funds are lost. And don't leave a balance sitting in the casino; withdraw to your own wallet after you play. Then verify the address. Done.