Litecoin at BK7 from your phone

Litecoin (LTC) is a long-standing cryptocurrency with its own network and transfer fees that are usually low. For paying from a phone it has one advantage over some other coins: there is no network to choose, because there is only one. Its drawback is shared by most non-stable crypto: the price moves, and the value of what you send can shift while the transaction confirms.

Available methods and limits depend on the operator and your account type — check the cashier.

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Depositing Litecoin from a phone

  1. In the cashier, choose Litecoin. You will see an address and a QR code.
  2. Open your wallet, choose send LTC and scan the QR. If you paste the address, compare its first and last characters.
  3. Enter the LTC amount and check the network fee your wallet shows.
  4. The first time, send a small test amount.
  5. Confirm, copy the transaction hash and keep it until the balance appears in your account.

Withdrawing Litecoin

To withdraw, copy your LTC receive address from your wallet and paste it into the cashier, checking the characters before confirming. Operators usually require identity verification before the first payout. The LTC amount you receive is calculated at the moment of payment, so its value in your local currency may differ from what you expected if the price has moved.

Price movement: how to plan

If you deposit 50 units' worth of Litecoin and the price dips before it is credited, your balance will be a little lower; if it rises, a little higher. To avoid surprises:

Wallet and recovery phrase

A Litecoin wallet on a phone is convenient, but phones get lost or broken. The recovery phrase is the only thing that restores access: write it on paper, keep it off the phone and never share it. No support team — casino or wallet — needs it.

Buying LTC

Litecoin is bought on exchanges with local currency, each with its own fees and verification. Move funds to your personal wallet before sending them to the casino: that way you control the transfer and have the hash to hand.

Frequently asked questions

Why choose Litecoin over USDT?
Litecoin runs on its own single network, so there is no risk of picking the wrong network as there is with USDT. In exchange, its price moves: what you send may be worth slightly more or less when it is credited.
How many confirmations does a deposit need?
Whatever the operator requires; the cashier usually says. You can follow progress with the transaction hash on any Litecoin block explorer.
Can I send Litecoin straight from an exchange?
Usually, although some exchanges have their own rules for transfers to gambling sites. The tidier route is to move funds to your personal wallet first and send from there.

Other payment methods

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