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Short answer: For casino deposits and withdrawals we would recommend to use Litecoin as transactions are processed much faster and are often cheaper. They can also result in lower fees and they are more stable, as the value of BTC can fluctuate dramatically and this can greatly increase your costs. Bitcoin should only be used if you hold a large amount of BTC and don’t want to convert it.

Head-to-Head Comparison

FactorLitecoin (LTC)Bitcoin (BTC)Winner
Block time~2.5 minutes~10 minutesLTC ✓
Confirmations needed1–3 (most casinos)1–3 (most casinos)Tie
Deposit speed (total)5–15 minutes10–40 minutesLTC ✓
Avg network fee$0.001–$0.01$1–$30+ (variable)LTC ✓
Casino acceptanceVery wide (LTC #2 after BTC)UniversalBTC ✓
Bonus availabilitySame as BTC at most casinosLarger BTC-denominated bonuses at some sitesBTC ✓
Price volatilityHighHighTie
Privacy optionsMWEB extension availableLightning NetworkTie
Min deposit (fiat eq.)Often $5–$20Often $20–$50LTC ✓

Where Litecoin Wins for Casino Players

Faster Deposits

Bitcoin takes 10 minutes to generate a new block and has an average transaction confirmation time of 15–40 minutes. With blocks being generated on average every 2.5 minutes, Litecoin deposits at your casino are normally available to play with in 5–15 minutes.

Dramatically Lower Fees

Bitcoin fees are market driven and can be very high, especially during a busy period in the market. Paying fees to send $50 in BTC can end up being between $10 to $30. Litecoin fees are also very low and are generally under one cent at all times. The impact of fees for our players is also a significant factor, as paying fees to deposit and withdraw a small amount of crypto can add up to a large amount over time.

Lower Effective Minimum Deposit

Because Bitcoin (BTC) has a higher nominal value per coin, even minimum deposits in Bitcoin (i.e. things like 0.001 BTC) can be a considerable amount of fiat currency. But in the case of LTC where the value per coin is much lower, it is not as painful to try and meet a minimum of $20.

Where Bitcoin Wins

Universal Acceptance

All the crypto casinos we list accept Bitcoin. While many also accept Litecoin, some don’t. If the site you are interested in doesn’t accept Litecoin, you can always fall back to Bitcoin.

Larger Casino Bonuses (at Some Sites)

Bitcoin exclusive casinos tend to have higher nominal bonus values in BTC. In Bombastic Casino’s case, their “100% up to 1 BTC” bonus has a much higher fiat value than a standard LTC welcome bonus. If you are depositing large amounts of cryptocurrency then BTC bonuses will generally give you more.

You Already Hold BTC

If you are already holding Bitcoin and do not want to trade your Bitcoin for LTC, which would incur an exchange fee and withdrawal fee, you may want to just send your Bitcoin to the corresponding BTC deposit address. Sending Bitcoin can be easier and with less hassle for example for a single large transaction where the exchange rate is charged per deposit.

Our Verdict: Use LTC for Regular Casino Play

For the average casino player, who typically makes regular deposits in the range of $20–$200:

  • Faster deposits mean less waiting to play
  • Near-zero fees mean more of your money reaches the casino
  • All five casinos we review accept LTC
  • LTC withdrawals are just as fast as BTC withdrawals

Reserve your Bitcoin for the following scenarios: (a) if the casino doesn’t accept Litecoin; (b) in scenarios where depositing larger amounts of cryptocurrency, and the BTC option offers a higher value bonus in fiat; (c) if you already hold Bitcoin in your wallet and depositing won’t incur any conversion fees.

See Best LTC Casinos → How to Buy LTC →

Frequently Asked Questions

Not all, but the vast majority of Bitcoin accepting crypto casinos also accept Litecoin. Litecoin is the second most popular cryptocurrency found at online casinos. All of the casinos that we have reviewed on this site accept both Bitcoin and Litecoin.

Yes, at almost every casino that supports cryptocurrencies, welcome bonuses apply equally to deposits made in any supported cryptocurrency. Only Bitcoin exclusive casinos may offer a BTC-denominated bonus with a higher fiat ceiling. At the casinos we have reviewed, the bonus terms are the same for BTC and LTC deposits.

Bitcoin fees are determined by block space demand. During high network congestion the fees for sending transactions will be much higher due to increased competition. Litecoin has generally lower transaction volume than Bitcoin and a different hashing algorithm (Scrypt vs SHA-256). This results in fees that remain near zero for almost all transactions.

Yes. Almost all major exchanges (Kraken, Binance, Coinbase) and most non-custodial wallets (Exodus, Atomic Wallet) allow for instantaneous exchange of BTC for LTC, with exchange rates varying from around 0.1% to 0.5%. This fee may be a consideration when choosing to exchange BTC for LTC versus directly sending BTC to a wallet.