How to Buy Litecoin for Online Gambling
The Complete 2025 Beginner's Guide to Using LTC at Crypto Casinos
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Quick Start Guide: This beginner-friendly tutorial shows you exactly how to buy Litecoin (LTC) for online casino gambling in 6 simple steps.
Last updated: January 2025 | Reading time: 8 minutes | Difficulty: Beginner
Why This Guide Exists
At CasinoRankr, we help players find the best sweepstakes and crypto casinos. After reviewing hundreds of casinos and testing countless payment methods, we've created this simple, clear guide for buying Litecoin - one of the best cryptocurrencies for online gambling.
We'll show you exactly how to buy Litecoin (LTC) using Crypto.com and Exodus Wallet. This method is safe, fast, and works perfectly for online casinos.
📝 Step-by-Step Instructions
Step 1: Download Crypto.com and Create Account
Start by downloading the Crypto.com mobile app from your app store.
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Step 2: Complete Identity Verification (KYC)
Complete the Know Your Customer (KYC) verification process. This typically takes 5-10 minutes and requires:
- Valid government ID (driver's license or passport)
- Selfie verification
- Proof of address (sometimes)
Step 3: Download and Secure Exodus Wallet
Download Exodus Wallet for your device (mobile recommended for convenience).
• NEVER screenshot your seed phrase
• Write it down on paper or use a password manager
• Store it somewhere only you can access
• Anyone with your seed phrase can steal your funds!
Step 4: Get Your Litecoin Receiving Address
In Exodus:
- Navigate to Litecoin (LTC)
- Click "Receive" or the down arrow (mobile)
- Copy your LTC address by clicking/tapping it
- If you don't see Litecoin, add it from the assets menu
Step 5: Purchase Litecoin on Crypto.com
Back in Crypto.com:
- Tap the Buy (+) button
- Search for "Litecoin" or "LTC"
- Add payment method (Debit/Credit/Apple Pay)
- Enter purchase amount
- Confirm transaction
Step 6: Withdraw Litecoin to Exodus
Final step - moving your LTC to Exodus:
- Go to Transfer → Withdraw → External Wallet
- Select Litecoin (LTC)
- Paste your Exodus address
- Enter withdrawal amount
- Confirm with 2FA
❓ Frequently Asked Questions
Why use Litecoin instead of Bitcoin?
Litecoin offers several advantages for gambling: transaction fees are typically $0.01-0.05 (vs Bitcoin's $2-20), confirmations take 2.5 minutes (vs Bitcoin's 10 minutes), and it's accepted at virtually all crypto casinos. The lower fees mean more money for gambling instead of network costs.
Is this method safe and legal?
Yes, when done correctly. Crypto.com is a regulated exchange with over 80 million users and insurance coverage. Using an intermediary wallet (Exodus) adds an extra layer of privacy between the exchange and casino. Always check your local laws regarding online gambling.
How much does this whole process cost?
Crypto.com charges 2.99% for card purchases. Litecoin network fees are usually under $0.05. Exodus Wallet is free. So on a $100 purchase, you'd pay about $3 in fees total - much less than traditional casino deposit methods.
Can I withdraw casino winnings the same way?
Yes! Send winnings from the casino to Exodus, then from Exodus to Crypto.com. From there, you can convert to USD and withdraw to your bank. The reverse process typically takes 1-3 business days.
🎰 Recommended Crypto Casinos from CasinoRankr
Top Rated: Check out our complete casino rankings for community rankings.
For US Players: Try Stake US, MyPrize, or Casino Click - all offer instant LTC deposits and withdrawals.
🎲 Ready to Start Gambling with Crypto?
Join thousands who've already made the switch to faster, cheaper, and more private online gambling.
About This Guide
Created by the CasinoRankr team with input from our community of experienced crypto gambling players. This guide is regularly updated for accuracy and safety.