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How can I find legit crypto casinos?

Amelia Young by Amelia Young
May 31, 2022
in Crypto News
0

FintechZoom > Cryptocurrencies > Crypto News > How can I find legit crypto casinos?

With so many online casinos now accepting cryptocurrency, finding a legit crypto casino may seem hard.

Just because a casino site takes cryptocurrency you should join up without doing some research. Don’t let the great perk of using crypto glass your eyes. Withdrawing your winnings in a matter of minutes sounds amazing, but even crypto gambling websites can be scammy. When using crypto you also don’t need to wait for ages for your bank transfer to go through, even the deposits are almost instantaneous. 

Table of contents

  • Think about the payment method
  • Check out the games they offer
  • Promotions and bonuses are important
  • Think of your security
  • Beware of the scams
  • Make sure the casino is licensed

Think about the payment method

What makes crypto casinos different is that they accept bitcoin and other cryptocurrencies as payment methods. A casino can accept a wide range of digital currencies such as Bitcoin, Litecoin, Ethereum, and even some lesser-known ones like Monero.

Though you may think that all crypto is the same, it’s not the case. Crypto comes in various different forms, just like fiat currency. This is why it’s important to double-check whether the casino you’re interested in accepts the currency you have a share in. 

Check out the games they offer

In order to get the most out of your online Bitcoin gambling experience, you need to know what games are available. These new casinos that accept crypto have huge selections of games. This is where crypto casinos don’t differ from the regular ones. When choosing the ideal casino you may want to focus on the one that has the games you like the most.

Promotions and bonuses are important

When it comes to online crypto gaming, free money appeals to every participant. To make sure you get the finest bonuses possible, you should make sure to read the terms and conditions of the bonuses.

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It’s a common occurrence that the casinos market their bonuses as an all-inclusive offer, but once you enter the code it turns out that it’s reserved for only one game. To avoid this situation, at least skim through the terms!

Think of your security

To keep your crypto casino account safe, make sure you choose the greatest possible security password. It’s best to choose something that has a mix of upper and lowercase characters plus some numerals. To be safe, it’s imperative that you change your password on a regular basis. 

It’s also critical that you keep your password secret and safe. Don’t give it out to anybody! Make use of a password manager to keep it safe. It’s also a great tool to remember your passwords since writing them down on a piece of paper can easily compromise you. A great example of this kind of program is Google Password Manager. It’s rather handy!

Beware of the scams

You should always check the legitimacy of a casino before wagering any of your own money, be it crypto or fiat. A scammy online casino may defraud you in a number of ways.

The most critical thing to look out for is deceptive payment methods. Depositing money or playing games at certain online casinos may require you to use an inconvenient payment option. If an online casino asks you to perform anything that is out of the ordinary, then you should avoid it at all costs!

Another method an online casino might defraud you is by providing an incorrect cashout amount for a winning wager. This occurs when an online casino fails to honor your winnings in full. Sometimes the players may think they’ve got scammed out of their winnings, but it turns out that they just haven’t read the terms and services carefully.

Though it can be a bit shady of the casino to give out a smaller payout, you should always read the terms and conditions before depositing your crypto! 

Make sure the casino is licensed

Go to the crypto casino’s website and go to the very bottom of the page. You should know that all legitimate platforms have their licenses displayed there. The license or registration number will also be shown. You may even look up all of the background information on the license if you’re interested.

The gaming partners or software developers are also vital to look for. For example, certain game developers, only work with reputable casinos and vet them before providing software. Such game developers are Playtech and Microgaming. 

Inquire about the casino’s affiliation with organizations like Responsible Gaming and others. In this way, you may be certain that the crypto casino greatly cares about its consumers.

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Amelia Young

Amelia Young

She established her career with The New York Times and shifted to The Wall Street Journal in 2017.

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