Crypto casinos have surged in popularity in the past few years. They promise quick, safe, and secure payments along with anonymous transactions. While they’re touted as the next big thing in online gaming, cryptocurrency online casinos should be carefully navigated.
Not that they aren’t safe – the blockchain is a 100% safe and reliable platform. However, the lack of regulation opens the door to many crypto scams, which is why players need to learn how to recognize safe crypto casino sites.
How Do Crypto Casinos Work?
Crypto casinos are like regular online casinos, except for the fact they allow the use of cryptocurrencies. These cryptos can be Bitcoin or any other altcoin on the market. Most casinos stick to the well-known options, including Bitcoin, Ethereum, and Tether. There are also some that accept numerous altcoins, as well as their own coins, which are promoted for use in VIP platforms.
Using crypto in casinos is easy. You will need to buy some from a reputable exchange, but after that, it’s easy to use them overall. Link your crypto wallet to make deposits and withdrawals and enjoy crypto casinos’ advantages.
Well, not quite. As mentioned earlier, cryptocurrency casinos should be carefully picked. They are safe as long as you choose a reputable platform, which is easier said than done. Luckily for you, we have a collection of tips and tricks on finding the best crypto casinos and having fun.
Finding Safe Crypto Casinos
Finding the right crypto casino means learning how to spot fake websites and scams and choosing reputable casinos.
You should always go for licensed casino sites with proper security features, elevating the already secure blockchain.
Spot Fake Websites
Fake websites are among the most prevalent scams in the crypto gaming industry. Scammers often create fake casino sites that mimic real casinos perfectly. However, they can’t have the same domain, so if a website adds 1, 2, or any other number to its name and it’s not an official mirror, it’s most likely a scam.
These fake sites aim to lure players into making a deposit. The coins won’t go to a secure wallet but to a fake one, which you’ll only realize after the transaction is done. All crypto transfers are finite, so they can’t be altered or reversed. No one should be ashamed of getting scammed. Fake crypto casinos are convincing, using similar domains, the same visuals, and often the same games.
What you can do besides checking the domain name is to verify the website connection. Look into the address bar and ensure it starts with https://. Reading crypto casino reviews online can help. If it’s a scam, you’ll have dozens of real players warning others, and that should be a major red flag.
You should also check for a valid SSL certificate. If your browser suggests that the website is unsafe and blocks the connection, you should trust it and look for another casino site.
Go for Licensed Casinos
Another way to stay safe when choosing crypto casinos is to go for those with a real license. Most crypto casino sites are licensed by the government of Curacao. Simply browsing down the website to the bottom should tell you if the site is licensed. Casinos often have a badge of the licensing body, and that’s how you know you’re at the right place.
You can read more information about the license such as the number under the terms and conditions. You can even check it up yourself online, ensuring that the license is valid.
Check for the Provably Fair Badge
Crypto casinos have changed the online gaming industry right down to the game fairness verification. Unlike regular online casinos where games are tested by third parties, the Provably Fair concept in crypto casinos allows players to test game fairness themselves.
We won’t get into the tech and specifics right now, but Provably Fair is a game-changer and a must for your next crypto casino. Look for the Provably Fair badge on the website to ensure the games are safe and fair to play.
Make the Right Pick
If you follow these tips, you’ll find a safe and secure crypto casino where you can enjoy playing games as you should. Make the right pick and dive deep into the exciting world of crypto casinos.