Today you will not surprise anyone with the opportunity to bet in cryptocurrency. This is not a completely new type of Internet currency which has become popular and in demand. This way of payment and withdrawal in online casino is great for those who do not want someone (for example, bank) track their transactions history.
If you decide to bet with Litecoin, then be sure to find out about all the advantages of the game using this payment method. To begin with, you can immediately start the game process, having passed only registration on the Casinonic website. In this case, verification of the account is not required. However, we may request personal ID in future. For example, when the game is played at very high stakes.
Another advantage of Litecoin is that the tax office will not be able to track such payments. You can safely place bets and withdraw your winnings. It is impossible to track these transactions and calculate what exactly you are playing in the casino.
Please note that all financial transactions with LTC have a high level of protection. Any fraudulent actions are almost completely excluded. Also, cryptocurrency instantly arrives at the casino account and is transferred to your own wallet in the same short time. The big plus is the absence of a transfer fee. As you know, most popular payment methods involve paying commissions to banks or other financial institutions. Since the cryptocurrency is absolutely independent, it is not subject to any authority, therefore, the fee is not withdrawn.
Litecoin was created based on bitcoin. Therefore, it is similar to BTC cryptocurrency. First of all, this applies to the use of P2P network rules. Of course, LTC has not yet managed to achieve such popularity among miners, but still it takes the second place in demand after bitcoin.
But there are distinctive features of this currency. First of all, financial transactions are made in a shorter time. It usually takes no more than 2.5 minutes. The creators also decided to use innovative protocols for data encryption, such as the Segregated Witness and the Lightning Network (P2P network).
Today, at Casinonic casino cryptocurrency deposits are available. The ability to place bets in Litecoin is no exception. The popularity of this payment method lies in the fact that you can easily hide your additional earnings from the prying eyes of tax workers. And no one else is unlikely to find out about your leisure time.