Litecoin Casino

While Bitcoin remains the undisputed king in the world of cryptocurrency finance, the public attention towards the so-called altcoins is on the rise, and Litecoin has quickly been acknowledged as a reliable alternative to the currency that started it all.

The present article is written on the assumption that you have little to no prior experience with Litecoin and how it can be used to power up your online gambling. We have put a lot of effort into providing accessible info about what a Litecoin casino is and how to make a depositing transaction in this currency on the Red Dog website. Keep reading to learn about Litecoin’s main features, advantages, and opportunities it provides for playing slots. 

What is Litecoin?

Before using any Litecoin gambling site you are strongly advised to take a moment and learn what exactly this virtual coin is about. In the simplest terms, Litecoin is a digital means of payment that can be stored in an online wallet and used as regular money - for purchasing goods and trading. 

Litecoin was created on the basis of Bitcoin, aiming to eliminate the complexity of mining processes. Several modifications, compared to mother currency, make it possible to obtain Litecoins even with modest consumer-grade equipment. When it comes to transactions, be it accrual or withdrawal - it’s all the same compared to your digital bank account operations. 

How It Works

The technological basis of this payment method lies in the use of peer-to-peer data exchange with heavy use of cryptography algorithms. Any transaction between Litecoin users is stored in the corresponding registry. 

The mining is all about keeping the series of data blocks - or blockchain - by the cryptocurrency owners. A casino player, as well as any other Litecoin aficionado, is rewarded by the system for verification and addition of new data. As with any other coin, the total amount of Litecoin that can be produced is limited, and the payment for new blocks is gradually reduced. However, if you wish to finance your LTC gambling, it may still be a more preferable option over Bitcoin, its blockchain addition rate being 4 times faster than the latter. 

The Benefits

The abundance of Litecoin casinos, Red Dog included, is easily understood the very moment you see all the features of this digital finance system, especially when compared to traditional web payment methods. 

• Unlike hundreds of flash-in-the-pan altcoins, Litecoin has stood the test of time - to the point of being called reliable, which is an honor only a couple of cryptocurrencies have; 
• Despite its reliability, Litecoin’s defining parameter is its volatility, which can multiply your cryptocurrency money when approached with a sound risk strategy in mind. The analytics state that sky is the limit for the future LTC value; 
• Litecoin is cheaper and more stable than the competing cryptocurrencies with similar value; 
• As stated above, Litecoin can be mined without investing in a tech farm and works faster than Bitcoin and Ethereum. 

Litecoin Deposits and Withdrawals

Before you decide to gamble using Litecoin, please read the following on the practical part of using this cryptocurrency in an online casino. The info is true for Red Dog and may vary for other web parlors. 

Like with any other transfer method at Red Dog, the transactions are completely secure - in addition to the encryption internalized in Litecoin, you get a 256-bit SSL protocol and a protected Internet protocol on behalf of Red Dog taking care of your personal data.

Bear in mind that no customer is yet able to withdraw money via Litecoin. In order to do that, you’ll need to use one of the available methods, including Visa, MasterCard, Bitcoin and wire transfers. Since most crypto users tend to diversify their blockchain portfolio, this should not pose a significant hindrance. 

Check the next section to see how Litecoin compares to the other depositing means provided by Red Dog: 

Transaction Fees, Limits and Processing Time

Making a deposit with any blockchain tech at Red Dog has an indisputable advantage - starting from $20, you can load up as much money as you want into your deposit account. While Neosurf allows you to deposit as little as $10 per transaction, its upper limit pales in comparison, allowing only up to $250. With Flexepin, you’re free to operate within the range of $20 - $500, and the traditional Visa/MasterCard transfers can be anywhere from $30 to $1000. Litecoin, along with other cryptos, clearly takes the cake here. 

On the contrary, all the depositing means save for cryptocurrencies are accrued to your deposit account instantly. The latter require downtime of up to 15 minutes. While hardly an eternity to wait, the more impatient players may see it as a disadvantage. 

Like any reputable LTC casino, Red Dog doesn’t charge any extra fees on deposits and withdrawals, which is true for every single depositing method, Litecoin included. 

Play Litecoin Online Casino Games

At this point, you may start asking yourself whether all the fuss is worth it in the end, so we decided to allocate a separate section to a brief overview of what exactly Red Dog offers when you decide to play ltc casino games. 

The parlor only collaborates with two providers - RealTime Gaming and Visionary iGaming, to make sure the catalog stays consistent and is not littered with dubious titles with little entertainment value. Both companies have quite a name in the industry, having been in business for decades. RTG does its best to churn out fresh titles consistently - on average, a new game is released monthly. 

Red Dog is open about the return-to-player rates and other stats. To familiarize yourself with the data, visit the dedicated page on the website. The more times a game was played, the more accurate its RTP percentage is. The most popular slots have return rates exceeding 96%, which is way above mean figures when compared to other casinos.

Now, let’s see what categories are featured in the parlor: 

• Slots. Rightfully the most numerous cohort with over 140 titles. Good old one-click gameplay with an incredibly diverse selection of decorations to choose from. Punters the world over go crazy for Cash Bandits 3, Bubble Bubble 3, 5 Wishes and other games. 
• Table Games. Slap the cards on the digital velvet to your heart’s content with a solid selection of poker and blackjack variations, including Tri Card Poker, Caribbean Draw Poker, Suit ‘Em Up Blackjack and more. 
• Progressives. Anticipation rises as the major jackpot figures go to the moon! Trust your lucky star to lead you to the main prize in games like Jackpot Cleopatra’s Gold Deluxe, Spirit of the Inca, Megasaur, etc. 
• Video poker. Red Dog selected only the most thrilling variations of the game - you’d never know so many of them existed in the first place. For a newcomer, Sevens Wild or Joker Poker are a good place to start. 
• Specialty. Discover a new dimension of web gambling by trying out the games that stand out from every other category. Go for a faithful recreation of European Roulette and Keno, or see how adventure games and even shooter arcades go well with big wins in Banana Jones and Fish Catch.

Have you been looking specifically for a litecoin mobile casino perchance? Red Dog can delivers here as well, boasting unparalleled performance on your mobile devices straight from the browser, regardless of your operating system. Don’t bother looking for a dedicated app in the stores - try the web version and see for yourself that creating one would be simply redundant. Disregard that, the casino has a desktop app that can help if computer tech is not your forte and you’re unsure whether your browser is up-to-date (a necessary prerequisite for safe and quality gambling). 

How to Deposit with Litecoin at Red Dog Casino

Any online casino with litecoin deposit has a specific procedure that you need to follow. Red Dog made sure these steps are quick and easy to follow: 

Firstly, check whether you happen to live in a prohibited jurisdiction where the casino can’t provide its services. The list includes Afghanistan, Azerbaijan, Bangladesh, Belarus, Costa Rica, Curacao, Estonia, Georgia, Germany, Hungary, India, Iran, Iraq, Israel, Latvia, Lithuania, Macedonia, Malaysia, Netherlands, Netherlands Antilles, Pakistan, Poland, Romania, Russia, Turkey, and Ukraine. 

Secondly, make sure you have completed the account verification, which includes an email check-up and the subsequent identity confirmation. At this point, you will be asked to submit your ID or other documents and allow up to several business days until the team contemplates them. You can deposit whilst skipping this step, but Red Dog doesn’t let unauthorized accounts request payouts, which is provably fair and checked by Central Disputes System.

It all gets easier from here. Remember that Red Dog only operates in USD, AUD, and EUR. With that in mind, open the Cashier tab in the lobby and this will take you to the deposit submenu. Scroll down until you see the Litecoin option, click on the logo and fill in the desired sum. Voila. 

Red Dog strives to bring you the ultimate LTC online casino experience. You can count on the platform’s support team help throughout the whole process - if anything goes astray, contact the crew via live chat, free phone helpline, or email. 

FAQ 

Is Red Dog a legit Litecoin casino?

Yes. Naturally, you would want to check this claim, and we invite you to do so - not only in the case with Red Dog but with any other online platform as well. Red Dog operates on a valid and verified Curacao gambling license since 2019 and its payout mechanisms and solvency has been checked by Central Disputes System. Otherwise, RealTime Gaming would simply refuse to collaborate - with over 20 years in business, this provider certainly has reputation criteria to adhere to. If this still leaves you in doubt, feel free to google reviews and feedback from Red Dog players - hopefully, all this information will serve you as solid proof. 

Do I need to make a deposit before playing at Red Dog?

No. There are indeed some LTC casinos that only give access to their game catalog upon making the first investment, but Red Dog isn’t one of them. The games are available right off the bat, even without compulsory registration. Each time you load a game from the list, you get a $1000 fun balance that makes it possible to test the title from every possible angle. If you like what you see, don’t hesitate to play for real money and give yourself a chance to win big! 

How much does Red Dog take in fees for a Litecoin deposit?

Zero. Any reputable online casino that accepts Litecoin abstains from imposing extra charges, and this is true for Red Dog too. No matter what method you choose, the parlor doesn’t take a single penny for placing it on your player account. Stay away from casinos that do otherwise - it’s usually a red flag for scam taking place. 

Can I withdraw money with Litecoin?

Not yet. Red Dog is putting a lot of effort into bringing you the best litecoin casino experience possible, but the existing technical limitations make it impossible to process payouts via the LTC system. Before deciding to make Litecoin your main financial tool for online gambling, make sure you have alternative means to cover up for the existing imperfections. As of now, withdrawals at Red Dog can be processed via Visa/MasterCard, wire transfers, and Bitcoin.