Legal Litecoin Gambling In The USA

Litecoin logoLitecoin is similar to other blockchain technologies where users can buy, trade, or sell digital currency on an open source peer-to-peer network. Litecoin is not backed by any central authority, but the public blockchain produces digital records of transactions. Litecoin uses a specifically designed scrypt in its proof of work algorithm making it harder to mine, spam, and to deter denial of service attacks.

Litecoin was the first altcoin to launch in 2011 after Bitcoin went public. Today Litecoin is still going strong and is generally in the topic of conversation when altcoins are discussed. We created this guide to inform our readers how to use Litecoin to fund an online gambling site and to discuss the advantages of using the popular crypto online.

Is Litecoin Gambling Legal?

Yes, US residents can legally purchase Litecoin and use the digital currency to fund an offshore betting account. There are no federal gambling laws that prevent US citizens from accessing cryptocurrency or offshore gambling sites. Federal US gambling laws are directed at domestic operators.

Only two states, Connecticut and Washington, have enacted specific laws forbidding their residents from accessing offshore betting sites. To the best of our knowledge, no one has ever been prosecuted in those two states for using an online gambling service.

BEST LITECOIN GAMBLING SITE FOR US PLAYERS

Betonline Logo
Betonline Sportsbook
USA Friendly

Compatibility

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BetOnline has built up its reputation to be one of the most reputable online gambling brands available to US residents and other international markets.

BetOnline's online service implements the latest security features and encryption methods while offering many different banking options to their account holders. Below we have listed the best benefits of starting an account with BetOnline. BetOnline also has a Litecoin bonus of 100% up to $1,000 USD.

 Pros

  • US Friendly
  • Deposit Easily With Your Credit Card Or Litecoin
  • Fast And Reliable Payouts Guaranteed
  • Great Bonus Options
  • Enjoy All Services With 1 Account

Cons

  • No Visa Withdrawals

TOP RATED LITECOIN GAMBLING SITES THAT ACCEPT ALL USA PLAYERS

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