BetOnline & Sportsbetting.ag Offer Litecoin for Deposits & Payouts

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BetOnline (SBR rating A+) is the first industry sportsbook to offer players the ability to deposit and withdraw using litecoin (LTC).

The digital cryptocurrency has surged in value in recent weeks as it has gained support to be added to segregated witness, which is referred to colloquially as segwit among crypto enthusiasts.

LTC is currently trading for $12.30 and has doubled in value since the start of April.

Players can deposit a minimum of $20 and maximum of $25,000 through litecoin at BetOnline as well as sister sportsbook Sportsbetting.ag.  A withdrawal limit of $10,000 applies; payouts through litecoin generally take 48 hours. Players who have never used litecoin at BetOnline may have to provide additional documentation.

An SBR Forum member recently asked a question in the bitcoin betting forum about using litecoin to withdraw from the sportsbook group.

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