One of the top cryptocurrencies is Litecoin, which first arrived on the blockchain market back in 2011. It’s based on the open source code that was used to create Bitcoin. However, Litecoin was created by a man named Charlie Lee as an alternative to Bitcoin. It has some great advantages. Among those advantages are quicker transactions (about 2.5 minutes or less) and lower fees. These benefits can come into play for online gambling. To use Litecoin for online gambling or online casino slots, first, a customer needs to have some available Litecoin. This is easily purchased on various cryptocurrency exchanges in the United States and other countries. Litecoin is stored in a customer’s wallet, which refers to either an online account where they hold the currency or a hardware wallet device. These devices allow for safe storage of cryptocurrency without being connected online.
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