A quick google search for crypto casinos will reveal their popularity with an overwhelming number of crypto casinos sites and apps to choose from. It’s a no-brainer for software developers to create crypto casinos, with the crypto casino industry valued at $939 million between 2021-2022.
However, navigating the virtual world of crypto casinos sites can be trickier than your traditional brick & mortar casinos. The ongoing war on cybersecurity continues to escalate, with data breaches putting your privacy at risk, ransomware stealing your money or scammers tricking you into giving them cash for a fake reward.
The following tips will help you identify the dark side of crypto casinos site and how to avoid them.
Security in Numbers – Secondary Research
First and foremost, various articles from bloggers and publications have listed their most recommended crypto casinos, outlining their experiences in depth, pointing out the pros and cons, and comparing them with competitors.
It would be best if you browsed some relevant articles to build a more accurate depiction of the safest places to gamble your crypto. If you browsed some relevant articles to build a more accurate depiction will reduce the risk of finding a biased article that fabricates claims about a crypto casino to secretly grow their popularity or writers being paid to promote a site or app without audience discretion.
To further reduce the chances of being misled by paid-off writers, always search through a list of user reviews for a crypto casino site recommended by articles.
Many review websites allow users to comment and rate crypto casino sites/apps, and with the larger pool of user reviews, the higher chance the reviews are genuine.
Due Diligence – Primary Research
Instead of secondary research where you take other people’s word on the legitimacy of a crypto casino, you can further reduce risk by being savvy through identifying vital red flags of non-secure crypto casinos site/apps.
Primary research is an excellent way of not being deceived by people lying to you about a website to increase their profits. It also comes in handy when a new crypto casino jumps onto the scene with very few reviews but an exciting theme, concept or reward system that’s grabbed your attention.
The Red Flags
- No Padlock: Check the website address bar for a locked padlock icon once you’re on the online crypto casino. If the logo does not show up as detailed, your privacy and data are not unprotected and are at risk, so you should immediately exit the crypto casino. If the locked padlock appears, select it for more information confirming the security of the crypto casinos site/apps using SSL (Secure Sockets Layer), so you can continue using the site.
- Legal Validation: Crypto casinos in certain countries require gambling licenses from the government. Websites or apps will usually display the legal approval and validation from governments and committees in the copyright section of their website/app, usually found on the footer or about us sections.
- Email Scams: If a crypto casino has reached out to you via email that uses a tagline method such as ‘’Refer a friend’’ then asks for your information asides from your crypto wallet address—chances are you’re being preyed upon by a scammer in this situation.
- Personal Information Request: With crypto transactions not requiring third-party involvement from banks, etc. Then you don’t need to submit personal information, such as bank details, address, name, etc., to crypto casinos for you to play and win money.
If the crypto casinos site is seeking your private information, you should raise a red flag because their order of business does not require such information from you.
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