When looking for the best operators around, it turns out there are many things Litecoin Casinos share as common characteristics. Also, players usually search for these characteristics, in the same way they do for Litecoin sports betting sites. Let’s see what are the core points you should be focusing on, in order to identify the best litecoin casino for your playing style.
First of all look for casinos that have a decent license. We say decent because, to this date, bitcoin online casinos, in general, have not reached a point yet to be able to obtain some of the most prestigious licenses such as UKGC. Fear not, however, because there are plenty of licenses out there that provide some certain degree of legitimacy.
The most common of such ‘loose’ licenses is the Curacao ones. But don’t expect to be fighting tirelessly by your side in case of a heated dispute with a casino.They help you distinguish decent and above litecoin casino sites from the super dodgy ones.
When you swim in waters outside of the ironclad protection of UKGC or MGA, the higher embedded risk entails bigger rewards, such as larger and more generous bonuses and jackpots, that these litecoin casinos provide, to compensate for their presumed lack of legitimacy in the eyes of the players. In short, no risk, no glory.
Another important common thing about the cream of the crop when it comes to LTC gambling is to check whether casinos have their own payment processing or outsource it to a 3rd party crypto payment provider. The former shows they mean business, since they have gone to the effort to build their own platform. The latter is not bad either, and many hybrid casinos often use a third party crypto payment processor to onboard players.
Moving over to perhaps one of the most important factors, which are the terms and conditions for KYC procedures that casinos accepting Litecoin have. If you are a player that prefers under the radar, keep in mind that there is little chance you find a good casino that will not ask for your personal information on the way out.
While you do not need to provide such information when you register, come withdrawal time, casinos will surely ask for some kind of identification. What separates the bad from the good litecoin casino sites are the terms for your withdrawals.
Transparent Terms & conditions
Processing times and limits should be transparent and explicitly communicated to the players so that your withdrawal happens as fast as possible. Limits should be generous too; It sucks to score a good win at your favorite roulette table, only to find out you will only be able to cash it out in several installments.