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US Gambling Sites / Stake.us Review / Stake.us Litecoin Payment Guide: How To Deposit & Withdrawal Using LTC On Stake Casino

Stake.us Litecoin Payment Guide: How To Deposit & Withdrawal Using LTC On Stake Casino

Last Updated on 23/05/2024
Fact checked by: Josh Schwartz

We’ve found that it’s a great idea to use Litecoin at Stake.us, and this guide is here to show you how easy it is to use this crypto coin at the sweepstakes casino.

LTC offers you a fast and cheap way to buy the virtual credit required to play at Stake.us. This means that you can just make your payments and enjoy playing hundreds of slots and table games. Just don’t forget to use our exclusive GBHSOCIAL code to enjoy a 5% rakeback offer on your losses.

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Does Stake.us use Litecoin?

Yes, just like you can use Tether at Stake.us, you can also use Litecoin – as well as over 20 other crypto coins. Just note that you have to be at least 21 years old to play at Stake.us, and that you might be playing from any US state except for Washington, Idaho, Michigan, Kentucky, Nevada, or New York.

How to use Litecoin at Stake.us

It’s important to note that you won’t actually be playing with LTC at Stake.us. This is because Stake.us is a sweepstakes casino – which only allows you to play with virtual credits. This means that you’ll have to make payments with LTC to buy the Gold Coins virtual currency. Here is how you do it:

  1. Select which Gold Coins bundle you want to buy;
  2. Copy down the payment address from Stake.us;
  3. Paste this payment address into your crypto wallet;
  4. Enter how much LTC you want to send;
  5. Check the details and submit your payment;

Once you have done this, your LTC payment should go through in a couple of minutes and you’ll be all set to start playing with your Gold Coins.

Just note that you cannot win any prizes with Gold Coins. However, you’ll sometimes be given free Stake Cash with your Gold Coins purchases. Keep in mind that Stake Cash can be used to play the games in a promotional sweepstakes mode, and that you might also be able to redeem any Stake Cash won for crypto prizes.

Advantages of using LTC at Stake.us

Litecoin is easily one of the most visible cryptocurrencies, and here are some big reasons why so many people use it:

  • Speed: The average time of making a payment with LTC is about 2.5 minutes, which, when compared to the 10 minutes for Bitcoin, makes this a very fast crypto coin.
  • Low fees: LTC is based on an open-source code that uses the Scrypt algorithm. Simply put, it ensures that all commission fees are kept down to the bare minimum.
  • No centralization: You can make all of your LTC payments without any middleman. Not only does this minimize transaction fees, but the decentralized nature of Litecoin gives you much more freedom over how you make your payments, too.

Disadvantages of using LTC at Stake.us

So, if Litecoin is so good, then why would some people opt to use another crypto coin? Well, here are a few reasons why:

  • Anonymity: While it’s good to be able to use Litecoin anonymously, it has meant that the crypto coin suffers from something along the lines of a “negative image”.
  • Fading value: Litecoin was introduced as a bid to improve on Bitcoin, but much of these improvements have been rendered superfluous. After all, the SegWit update has been embraced by Bitcoin and, with that, it’s no major surprise to see Litecoin slipping out of the top 10 most popular cryptos.

Conclusion - Start using Litecoin at Stake.us

We’ve shown you that Litecoin is great for making day-to-day purchases of virtual credit at Stake.us. After all, LTC is safe and fast, all while offering low processing fees.

Moreover, while Litecoin might not be one of the most popular cryptos, it’s still got plenty going for it. So, be sure to consider Litecoin if you are looking for a great way to play at Stake.us.

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Stake.us Litecoin FAQ

❓Can I use a Litecoin wallet at Stake.us?

Be sure to read our guide to see if you can use Litecoin at Stake.us. After all, while you can use Bitcoin at Stake.us, the same isn’t necessarily true for many altcoins.

👀Is Litecoin cheap?

Check out our guide to see whether it’s cheap to use Litecoin at Stake.us. This means seeing how the transaction costs of LTC compare to using Ethereum at Stake.us as well as many other top cryptos.

✅Is the Litecoin blockchain safe?

Our guide is here to tell you whether it’s safe to use LTC at Stake.us. Perfect for seeing whether you should use Litecoin or try one of the other Stake.us payment methods instead.

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