Playing poker with Litecoin: Know the basics
Litecoin, launched in 2011 by former Google engineer Charlie Lee, is known for its speed and efficiency. Unlike Bitcoin, which takes around 10 minutes to generate a block, Litecoin produces blocks every 2.5 minutes. This faster block generation means quicker transaction confirmations, which is a game-changer when you're playing poker online.
When you're playing poker with Litecoin, you’re benefiting from the lower transaction fees and faster processing times that Litecoin offers. On average, the transaction fee for withdrawing Litecoin is around $0.00042, which is basically nothing.
Great, but why is Litecoin a suitable coin for online poker?
Well, it all comes down to how easy it is to play poker with Litecoin. The gameplay itself is not really affected by the coin you use. This means that playing Bitcoin poker, for example, is similar to using Litecoin, but only in terms of gameplay.
The real difference is seen in everything else, basically. Litecoin allows faster deposits and withdrawals compared to BTC, smaller fees, high security, and the same level of anonymity as Bitcoin or Ethereum. The best part is that this coin is also popular in many online casinos, so there’s no need to worry about its availability.