How To Buy Litecoins In Australia To Play Pokies 0 Likes

You can play pokies with Litecoins at Bitcoin casinos or those casinos that allow Litecoin deposits. Most of the Bitcoin Casino Sites offer Pokies at their live casino sections. You can play bitcoin pokies from multiple live casino providers.

---> Click here to play pokies at Ripper Casino

At Bitcoin Pokies, the player makes bets on certain values that he chooses and then spins the reels an wait for the outcome. When he or she gets the right winning combination the player wins.

Online casino offers Litecoin as one of the deposit options to play pokies and other casino games like table games in real time from Australia. Litecoin is one of the cryptocurrencies which was launched in 2011 and is fork of Bitcoin. Like Bitcoin, Litecoin is based on an open-source global payment network that is not controlled by any central authority. Litecoin differs from Bitcoin in aspects like faster block generation rate and use of Scrypt as a proof of work scheme.

How to Play Pokies with Litecoins?

To play Pokies with Litecoins join any Litecoin online casino for example Ripper Casino.

Once you know the rules of the game of Pokies, you can choose a reliable Litecoin casino and start your Litecoin Pokies experience.

Open your Litecoin casino account. Just enter your email and choose a password to register.

Make your first Litecoin deposit. Get your Litecoin Wallet preferably at your mobile device. Open your casino Deposit page at your laptop and get the QR Code at your Deposit page. Show it to the Litecoin Wallet at your mobile and done!

You need to buy Litecoins before you make a deposit at online casino.

You need to buy Litecoins to fund your online casino account. For that you need to choose a Litecoin wallet that will hold your cryptocurrencies, such as Ledger Nano, Keepkey, Atomic, Electrum, Coinomi, or Loafwallet.

You can buy Litecoin via an exchange like Bitstamp.net or Coinbase.com.

In Australia you can buy Litecoins from:

· Swyftx Cryptocurrency Exchange

· Coinspot

· Binance

· Cointree

· Independent Reserve

First you need to create an account on a cryptocurrency exchange that allows you to buy LTC You'll need to provide your email address and create a password to register for an account.

Many cryptocurrency exchanges only allow trading between cryptocurrencies and don't allow the direct deposit of fiat currency, such as AUD, so you'll usually need to own or buy BTC or ETH first. The exact process for depositing funds into your account varies depending on the exchange you choose.

The final step is to trade your chosen currency for LTC on the exchange. Once again, the exact process you need to follow may vary slightly depending on the exchange you choose.

Once you have your Litecoin ready, you can then choose to deposit via this method.

Transfer Litecoin, and in a few minutes, no longer than two hours, your account will be funded.

With Litecoin, you are using a cryptocurrency that operates via blockchain. Such payments provide a combination of privacy and transparency, along with security. Every transaction maintains player anonymity so that personal information is impossible to steal.

When your wallet is set up and ready to fund, buying LTC is actually quite simple. All you have to do is search for the currency within the wallet, which is set up almost like a stock exchange. LTC will appear, along with the current price of each coin. You should remember that Litecoin is traded on these exchanges, so the value of the coin is constantly changing. You can choose the amount of LTC you wish to purchase, and then with a couple of clicks, you will see the balance in your wallet.

How to make a deposit with Litecoin at online casino?

· You need to visit the online casino that accepts Litecoins to make a deposit to play real money pokies.

· Once logged into your casino account, go to the banking section

· Select Litecoin as your payment method

· Specify the amount you want to deposit

· A unique wallet address will be generated

· Enter the address into your cryptocurrency wallet and confirm the transaction

· You should see the deposit in your casino account shortly

There are also online casinos that accept LTC and other cryptocurrency payments through e-wallets such as Skrill. To make payments this way, you will need to connect your cryptocurrency wallet with your e-wallet first.

How to make a withdrawal at casinos with Litecoins?

·To make a withdrawal at casinos with Litecoins simply from the casino homepage, click on the Cashier section and select withdrawal.

·Click on Litecoin as your payout request method and add the amount you wish to withdraw in the Amount box on the top right.

·You need to fill in your Litecoin address and any other instructions to verify your payout request. Click confirm via a telephone call or confirm via email. Once you are ready, click submit.

·Click Submit to begin the confirmation and withdrawal process. Litecoin promises to put money into your wallet within a 48-hour time frame, but it will usually appear in your wallet within two hours.

You must submit the following documents before submitting a withdrawal request:

Prior to approving any withdrawal request, the online casino may request additional documents in order to prove the ownership of the cards used on the account and to confirm that the purchases were authorized by the card holder.

Advantages of using Litecoins

Following are the advantages of using Litecoins:

·Litecoin transactions are 4x faster than bitcoin. It is the fastest payment method for online gambling.

·Litecoin’s all-time high value was $360.93, compared to over $18,000 for Bitcoin. Litecoin grew in value from $4.00 to $360.00 in only a year, and it stands to gain in value while you use it for online casino gaming.

·Like other cryptocurrencies, it isn’t tied to a central bank. Fluctuations downward are possible. Instead, Litecoin’s value is based on its current trading value on exchanges like Bitfinex, GDAX, OKEx, and Coinbase.

·Litecoin blockchain payments offer combination of privacy, transparency, safety, and security. You can see every transaction but maintain your anonymity. Identity thieves can’t steal your information.

Disadvantages of using Litecoins

·Litecoin was designed with Bitcoin pitfalls in mind, Litecoin is considered safer than its more famous cousin.

·Also the major drawback is that not all onlin casinos offer litecoins payments as Bitcoin is most preferred cyrptocurrency at online casinos.

What is the difference between Litecoin and Bitcoin?

Litecoin has a range of small but significant technical differences. You might think of it as the quarter to bitcoin's dollar.

A supply limit of 84 million LTC vs 21 million BTC

The supply limit is the maximum number of coins that will be created. This finite limit is necessary for an altcoin to have value. The LTC supply limit is 84 million compared to bitcoin's 21 million, so it's up to four times more common. In November 2017, there were about 54 million Litecoin tokens in circulation and about 30 million left to mine.

2.5-minute vs. 10-minute block generation time

Litecoin blocks are generated four times faster than bitcoin blocks. The completion of each block confirms the transactions recorded in that block. Generally, this means Litecoin transfers can be done about four times faster than bitcoin transfers.

For any issues contact the online casino with live chat, mobile or email.