More about Litecoin betting sites & why they’re illegal in the US
Litecoin, or LTC, is a cryptocurrency similar to Bitcoin, but what makes LTC different is its mining algorithm. Litecoin is also a member of the Altcoin family. Altcoins are popular alternative cryptocurrencies to the original Bitcoin, and the family has quite a few members.
Founded in 2011 by a Google Engineer, Litecoin has become one of the top cryptocurrencies and is available as a deposit option at crypto gambling sites along with other popular crypto options.
It is, however, important to know that any form of gambling with cryptocurrency is illegal, and this rule applies right across the board. As using cryptocurrencies for gambling is not included in the online gambling legislation of any US State, crypto for online gambling purposes remains unregulated. So, even though Litecoin may be legal to use in other ways, it’s best to keep Litecoin betting off of your online gambling bucket list if you’re a US resident.
The risks of gambling at illegal sites
In comparison to legal and regulated betting sites, illegal gambling sites pose some risks to players, making them unsafe options. For example, if an illegal betting site does not pay out your withdrawal request, and there is no legitimate reason for it not to, you have no legal recourse or remedies at your disposal to retrieve your winnings.
In all honesty, it’s safer to choose a betting site that adheres to legal and regulatory requirements, as you know you’ll have a voice as a customer as well as regulated channels you can follow if you need to.
A trusted option – our top 3 social casinos
The best alternative to Litecoin casinos – We have a great option for US players
So, is there any legal alternative to
crypto casino sites
in the US? There sure is, so meet your online gambling savior, Stake.us – a sweeps casino that is 100% legal in most US states.
Introducing Stake.us sweepstakes casino
Stake.us operates using virtual currency rather than real money or the cryptocurrency you’d use to place wagers at a
Bitcoin live casino. The best part is that playing casino games here is entirely legal for US residents in all but Idaho, Nevada, Washington and New York. So, chances are you’ll be able to sign up right away and start playing at Stake.us.
Why Stake.us is legal in the US
As it is a purely social site, playing at Stake.us is not considered gambling according to US laws. This premise is based on the fact that you are not placing real money or cryptocurrency bets. Here, you can play casino-style games with Stake.us’ virtual Gold Coins, which can be obtained for free or purchased in predefined packages from the site.
What’s more, Stake.us’s sweepstakes model allows you to collect another native virtual currency called Stake Cash and use it to redeem prizes when you meet the basic requirements.
Stake.us offers games from top software providers, including Pragmatic Play and Hacksaw Gaming, ensuring you have a quality casino-style gaming experience while not having to wager any money. Additionally, you’ll want to become acquainted with Stake.us’ very own Stake Originals – unique casino-style games developed in-house.
The sweeps giant also extends new players a welcome package of free Gold Coins, which you can use to play any game on the entire site. In addition, if you sign up at this sweeps casino using our exclusive bonus code TGTSOCIAL, you’ll also be eligible to activate a 5% rakeback bonus on top of getting your very first stash of GCs.
Get your exclusive offer today!
$55 Stake Cash + 260K Gold Coins + 5% Rakeback
Conclusion – When in doubt, play at Stake.us
By now you have plenty of insight as to why it is best to avoid crypto gambling in general. Crypto betting sites are illegal in the US, so we don’t recommend them. No matter whether it’s a
Dogecoin casino
or a Bitcoin betting site, it’s best to look for legal alternatives.
With that said, we are excited to offer you a grand alternative. For most of you lucky enough to live in a state where playing at a sweepstakes
online casino
is permitted, our extensive social and sweepstakes casino review section will help you find out more about Stake.us.
More great social casinos to check out
1.
$55 Stake Cash + 260K Gold Coins + 5% Rakeback
Players from Virginia accepted
2.
35 SC FREE and 1.75M WOW Coins
Players from Virginia accepted
3.
27.5 SC FREE and 57.5K Gold Coins
Players from Virginia accepted
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38 SC FREE and 2.6M Gold Coins
Players from Virginia accepted
5.
Claim Your Free 650,000 Gold Coins & 1,400 Fortune Coins
Players from Virginia accepted
Best Litecoin casino FAQ
🎯 Which is the best Litecoin casino?
You’ll rarely hear about the best Litecoin casino, because Litecoin is just one of the many Altcoins that populate the world of cryptocurrencies. That said, you also may want to check out our reviews as it’s currently illegal to play at Litecoin casinos in the US. We cover all the top legal online casinos and give you the latest information about top alternatives and which states you can play them within the US.
🎰 Is it legal to get free spins at a crypto casino?
Free spins are a popular bonus option for most online casinos, including crypto casinos. However, before you consider signing up at a crypto betting site, you need to make sure whether it’s legal to play at crypto or Litecoin casinos in the US. Right now, this isn’t an option – but we do have plenty of great, legal alternatives to share with you. To sign up and play at a legal online casino option with plenty of free spins on offer, just browse through our library of casino reviews and take your pick!
❌ Why are crypto casinos illegal in US?
As a resident of the US, you will know that the laws surrounding all types of gambling are complex, with the added complication that they are defined on a state-by-state basis. While some US states do permit real money casino play, every state has outlawed gambling with cryptocurrency. If you want to know the full details or find a top operator where you can play legally, then head over to our review section right now.
