Litecoin Sports Betting Deposits, Legal Sportsbooks Accepting LItecoin

How To Buy Litecoin

To deposit LTC into your sports betting account, you must buy some Litecoin to deposit. That’s easy, but for first-time crypto users, the process may seem a little intimidating. Fortunately, it’s simple, and we’ll walk you through it.

First, you’ll usually want to buy LTC when the Litecoin price is lower than its average. If you pay attention to the Litecoin value via various tracker websites, it’s easy to tell when the time is right to buy. You should also pay attention to Litecoin predictions to see whether or not the “Litecoin stock” is projected to rise or fall in the next day or two.

Once you see a Litecoin price in USD that works for you, the next step is to find a Litecoin exchange (i.e. Coinbase, Bittrex, Kraken, etc.). There, just make a free account, verify your identity, and link your bank account or credit/debit card to your profile. Then, simply select the Litecoin option and buy as much LTC as you want.

Note: For first-time buyers, this USD-to-Litecoin process can take up to 10 days, which means that sports bettors in particular will want to factor that into their plans. If you need to wager ASAP, there are better options than buying LTC on the exchanges (discussed below).