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Litecoin (LTC) keeps growing among cryptocurrency gamblers and it’s today one of the top four deposit methods according to research by Crypto Lists.

Try to make a post about both the development of litecoin and the best litecoin casino site.

Out of the almost 500 litecoin casinos in the world, Crypto Lists here selected the 7 best ones worth looking into. But initially, you can learn about the development of their blockchain in 2024 and in the end of this post we also go through why Litecoin is so good for crypto casino deposits.

How did Litecoin blockchain develop in 2024?

Litecoin gone up considerably in the last few days, so might it’s a great time to play with it right now when you get more for your coins compared to the last few days..

In 2024, the Litecoin blockchain has undergone significant developments aimed at enhancing its functionality, security, and user experience. Some of the key advancements include the Litecoin Core version 0.21.4, while the Litecoin network been the most active ever.

It’s one of the most used Proof of Work (POW) coins and the price advanced significantly lately – making some experts believe it’s time for a fall back within short.

Technological Enhancements

In early November 2024, the Litecoin blockchains development team released Litecoin Core version 0.21.4. This update introduced critical security patches and performance improvements, addressing vulnerabilities to bolster network stability and efficiency.

Integration of Wrapped Litecoin (WLTC)

In November 2024, Litecoin partnered with Coinut to launch Wrapped Litecoin (WLTC) on the Ethereum blockchain. This integration enhances interoperability between Litecoin and Ethereum, enabling LTC holders to participate in Ethereum’s decentralized finance (DeFi) ecosystem.

Network Performance and Adoption

Transaction Volume Milestone: By October 2024, the Litecoin network processed over 77 million transactions, marking the most active year in its history. This milestone underscores Litecoin’s growing adoption and reliability as a payment network.

Adoption among casinos

Litecoin has continued to expand its acceptance among online casinos globally, leveraging its fast transaction times and low fees to position itself as a viable payment method. This ongoing adoption underscores its utility in everyday transactions.

Today, there are only more casinos that accept Bitcoin (BTC) and Ether (ETH) in this space and there are still less accepting stablecoins such as USDT and USDC, perhaps because MICA is about to roll out and that will limit how much US denominated stablecoins that can be used in Europe.

Community Engagement and Events

In September 2024, the Litecoin Foundation co-hosted the second Proof-of-Work Summit in Frankfurt, Germany. The event brought together communities and thought leaders to discuss the value propositions of major proof-of-work chains, highlighting Litecoin’s commitment to fostering dialogue and innovation within the blockchain space.

It was not the optimal time of the year to host such an even and it was a bit less people attending than expected. Still, Crypto Lists estimate that proof of work will have it’s fair share of users and there are many benefits with it just like any type of consensus method.

(These developments reflect Litecoin’s ongoing efforts to enhance its blockchain infrastructure, expand its ecosystem, and solidify its position within the cryptocurrency landscape).

Best Litcoin casinos in November, 2024

There are quite a few new and several established ones to choose from in November 2024. In the last year alone, 150 new crypto casino sites have been added and quite a few established ones as well. Most of the 574 crypto casinos that’s reviewed accept LTC obviously. Let’s look into which ones among the best ones that’s worth trying out.

LTC Casino: Established with No KYC

The established LTC Casino (review) has been around for over 3 years now and keeps their promise with no KYC and super quick withdrawals for players around the world. LTC Casino tournament with 30k USDT in prizes

Being anonymous, they don’t offer any sign-up bonus since it could lead to abuse (because they don’t log IPs). Instead, they have 30,000 USDT in-house tournaments every month.

According to our tests, it’s often rather easy to win something on them. Since it’s called LTC Casino, it might be rather obvious that they are experts at accepting Litecoin for deposits. During our test, it took less than 30 seconds for a transfer to arrive and cash-outs are equally fast.

Try LTC Casino today and have fun.

Cryptorino: Fresh & Anonymous

One of the stars of 2024 is also accepting Litecoin, together with a range of other cryptocurrencies, including the major cryptocurrencies, stablecoins and some meme coins. 3 reasons to love Cryptorino CasinoBeing launched in the winter period 2024, Cryptorino (review) is one of the newer Litecoin casinos but they go from strength to strength.

The brand developed over the past year and now give bigger and better rewards for players, especially the frequent players. If you’re already a big player at some other crypto casino, but want to change over to Cryptorino – it’s possible.

Simply sign-up and discuss with the live chat about your VIP status elsewhere. You start with a 10% weekly cashback, and quickly move up the more you play. Did we mention that Cryptorino got all the best games in terms of online slots, crash games and live casino games? Well, now you know.

Visit Cryptorino now to learn more.

Evo Casino IO: Tobique License & Flexible

One of the more recent additions to the Litecoin deposit arena is called Evo Casino IO (review).

Evo IO Casino frontage with 1 BTC bonus
They offer players to double their deposit for up to 1 Bitcoin and stands out as a trustworthy and flexible site. You can either use crypto, debit cards or e-wallets such as Google Pay or Apple Pay to get started.

Like always, for the fastest withdrawals after winning, crypto is the king. Evo Casino’s gaming library is outstanding, and the titles keeps growing – even if all we would like to play already is there.

With a license from Tobique Gaming Commission, they accept players from most countries around the world. Their search functionality is way quicker than most competitors and over it’s a premium gaming experience you’ll get here.

Visit Evo Casino IO to learn more and see what kind of site you can enjoy.

Bet Panda Casino: Several Big Winners

Several of the big winners in November 2024 have played on BetPanda Casino (review). BetPanda with cashback and Messi featuredIt’s a global site that accept usage of VPN and they offer first class entertainment, lots of bonuses and a wide range of games. Bet Panda have 24/7 support and new players can enjoy 1 BTC in welcome bonus. Some of the outstanding features on BetPanda include 10% weekly cashback(minimum), fully anonymous, zero fees and VPN friendly. If you like big names, then say Hola to Messi and Argentina since their regional team is sponsored by this crypto casino. Visit BetPanda Casino now to discover more.

Casino Punkz: The Newest & Most Rebellious?

If you’re looking for one of the newest crypto casinos that doesn’t follow the norm then we got a cool one for you. It’s called Casino Punkz (review),
looks a bit retro with a 80’s feeling, while still being lightning fast when it comes to search functionality and withdrawals. They have a cool VIP premium club for frequent players and lots of challenges to enjoy. Some of the current tournaments ones include 200-2000 USDT extra rewards on slots such as Thunder Coins, Big Bass Secrets of the Golden lake, The Doghouse Megaways and Punk Rocker.

Being a true blockchain casino, they show the latest players and their winnings on the front page. You can learn about the cryptocurrency used, which game they played along with the multiplier and latest payouts. It can be rather fun to watch how it goes for others, and which games they play before you make the first deposit. Try the nice punk casino today and visit the official site today!

Why is Litecoin so good for crypto deposits?

There are several reasons and below you see the main ones:

Super fast: Few other blockchains and coins are so quick when it comes to transfers. The block time is way faster than many competing networks. Fast transactions contribute to a smooth user experience, making Litecoin ideal for players who want instant access to their funds, not the least when playing on a casino. So if you want to start playing without long waiting periods for transaction confirmations, LTC is a perfect coin to use.

Super cheap: Perhaps best of all, it’s super cheap to send Litecoin (LTC) from almost any wallet, both centralized and decentralized ones. The transaction fees associated with Litecoin are much lower compared to Bitcoin and some other cryptocurrencies. This low cost means players can deposit funds without worrying about substantial fees cutting into their gambling budgets. It’s also more profitable for frequent players to use LTC compared to BTC, as the savings accumulate over time.

Less volatility: It’s been proven over time that Litecoin is not as volatile as many other coins and tokens. This is perfect if you like to keep some funds in LTC and are worried about short term volatility. Over time, this currency has shown less volatility than most competing coins and tokens.

Widespread acceptance: Around 500 of the reviewed crypto casinos support Litecoin due to its reputation, speed, low volatility and small transaction costs. This means players have plenty of options when choosing a platform that accepts Litecoin deposits.

A trusted payment option: Litecoin’s long-standing reputation as a secure and reliable cryptocurrency makes it a preferred choice for many online crypto casinos.

Robust Blockchain Technology: Litecoin is based on a secure proof-of-work algorithm (Scrypt) that ensures network stability and security. This means deposits are safe, and transactions are verified in a decentralized manner, reducing the risk of fraud.

Consistent Network Uptime: Litecoin’s track record of stability without significant downtime enhances its reliability for players making deposits.

Better Privacy than Traditional Banking: While not completely anonymous, using Litecoin for casino deposits offers more privacy compared to traditional banking methods, where users need to share personal and financial information.

Increased Player Confidence: Many Litecoin casinos value player privacy, and Litecoin supports this by allowing deposits without the direct involvement of banks or third-party financial institutions. In fact, several sites in this niche are completely anonymous.

Handles High Transaction Volumes: Litecoin’s higher transaction capacity compared to Bitcoin makes it a good choice for crypto casinos, especially during peak hours when transaction volumes can increase.

Seamless Player Experience: The ability to handle more transactions means deposits are processed quickly even during busy times, ensuring that players can continue gaming without disruption. In terms of scalability, LTC is an excellent choice.

by Our Two Certified Authors
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