Litecoin at Oxibet Casino — the numbers
Method-level facts here are researched and sourced. The minimums, processing window, limits and fees are our own published cashier policy, and they are the same across every method we offer.
| Metric | Value |
|---|---|
| Method | Litecoin |
| Type | Cryptocurrency |
| Operated by | None — a decentralised proof-of-work protocol, forked from Bitcoin in 2011 |
| Available in Canada | Same Canadian framing as Bitcoin |
| Canadian dollar support | No — conversion and volatility apply |
| Minimum deposit | C$10 |
| Minimum withdrawal | C$50 |
| Deposit speed | Roughly 2.5–15 minutes. Blocks average about 2.5 minutes, noticeably faster than Bitcoin |
| Withdrawal speed | Our processing window plus roughly 2.5–15 minutes on-chain |
| Our processing window | Up to 24 hours from our side once you request a payout |
| Withdrawal limits | C$1,500 per day · C$3,000 per week · C$10,000 per month at the standard account tier, higher on VIP tiers |
| Fees from Oxibet | None from us |
| Provider or bank fees | Consistently very low — typically a fraction of a cent to a few cents, and far more stable than Bitcoin's fee market |
| Supports withdrawals | Yes |
| Account currency | Canadian dollars (CAD) |
Why our players choose Litecoin
The advantage. Often the best value crypto in our cashier: fast, reliably cheap, and free of Bitcoin's fee spikes.
The limitation. Narrower support across the industry than BTC or ETH, and its optional privacy feature creates exchange-compatibility risk.
What you should know before you use it
One practical gotcha: Litecoin's MWEB confidential-transaction feature, activated in 2022, has led some regulated exchanges to restrict or delist LTC in privacy-sensitive jurisdictions. If your on-ramp does not support MWEB, sending from an MWEB address can fail. Use a standard LTC address.
How to deposit with Litecoin
At Oxibet Casino we make deposits fast, simple and secure so you can get straight to playing. Four steps:
Choose Litecoin in the cashier
We generate an LTC deposit address.
Send from a standard LTC address
Avoid MWEB addresses if your platform supports them — compatibility is inconsistent.
Wait 2.5 to 15 minutes
Faster than Bitcoin at a fraction of the cost.
Credited in CAD
At the conversion rate on confirmation.
Withdrawing to Litecoin
Before we pay anything out we have to verify your account once — that is an anti-money-laundering condition of our licence, not a delaying tactic. No protocol-level identity; our verification applies before payout.
Verify your account
One-time check.
Request an LTC payout
Minimum C$50 equivalent.
24-hour processing
Then on-chain.
2.5 to 15 minutes
With a very small network fee deducted.
Other methods worth considering
If Litecoin does not suit you, these three are the closest alternatives in our cashier. All twenty are on our payments page, with a full comparison table.
Bitcoin
Cryptocurrency
- Min depositC$10
- FlowBoth ways
Dogecoin
Cryptocurrency
- Min depositC$10
- FlowBoth ways
Bitcoin Cash
Cryptocurrency
- Min depositC$10
- FlowBoth ways
Common questions about Litecoin
Is Litecoin cheaper than Bitcoin?
Substantially, and more predictably. LTC transfers typically cost a fraction of a cent to a few cents and the fee does not spike the way Bitcoin's does when the network is busy.
How fast are Litecoin deposits?
Roughly 2.5 to 15 minutes. Litecoin blocks average about 2.5 minutes against Bitcoin's ten.
What is MWEB and does it affect me?
MWEB is Litecoin's optional confidential-transaction feature, activated in 2022. Some regulated exchanges restrict or delist LTC because of it, and sending from an MWEB address can fail if the receiving platform does not support it. Use a standard LTC address.
Does Litecoin remove volatility?
No. Like Bitcoin, LTC is not CAD-denominated, so the price can move between your buying it and cashing out. A stablecoin such as USDC avoids that.
Ready to deposit?
Open an account in about five minutes, set CAD as your currency, and fund it with Litecoin from C$10. Set your deposit limits in the cashier while you are there.
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