Litecoin vs Bitcoin
This Litecoin review covers ways to register an e-wallet, exchange money, gamble online, and withdraw funds, and also answers the essential frequently asked questions about the topic.
Litecoin Wallet & Exchange
Litecoin gambling starts from creating a wallet. An electronic one is usually an option, and it can be installed onto a stationary computer or a portable device. Look for a service where you will be in control of the private keys because not many systems offer it.
How to buy Litecoins? Just as any other currency – at online exchanges, of which there are plenty. They can be purchased for regular currency and exchanged for another crypto cash, from Bitcon to Dogecoin and Ethereum.
With a registered wallet, all you need to sign-up to casino services is an e-mail. The rest can remain entirely anonymous. This should take no more than a few minutes of your time. Depositing at a specialized online venue is easy, as well. Simply find out the number of operator’s LTC ID, and send the deposit that you find suitable. Funds will be added to the account right away.
Withdrawals are fast, as well, if we are talking about regular wins, not the progressive jackpot ones. Your wallet’s ID and the amount you are willing to cash out will be required. No verification documents will be requested. Be mindful of the numbers because if you ask for a transaction to the wrong account, it will be non-refundable and you won’t be able to fix the mistake.
Those willing to store the winnings somewhere in a safe place might consider getting a second wallet, a hardware one in addition to the digital. It allows players to literally take the money out of the network and put it into the offline storage, which is the best protection from having the account hacked and the money stolen.