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The News God > Blog > Entertainment > Crypto Casino Scams: Avoid Them Using This Guide
Entertainment

Crypto Casino Scams: Avoid Them Using This Guide

Rose Tillerson Bankson
Last updated: May 3, 2023 7:13 am
Rose Tillerson Bankson - Editor
May 3, 2023
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5 Min Read
Before selecting a broker, you should investigate whether they are regulated and licensed by regulatory bodies. In fact, if a broker is not not known by the source country, you should be concerned. Do not trade with organizations that do not have a regulator; this is an entry point for a Ponzi scheme or scam.
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Hello, gamblers! Here is a reminder that must be daily: the Internet is defo NOT a safe space, and you must stay alert 25/8 to ensure… too many things for one sentence.

Contents
1 — Licensing Check2 — Security Check3 — Payment Processing Check4 — Customer Support Check5 — Reputation Check6 — Software Providers Check7 — Bonuses CheckFinal Words

This article is a checklist for researching a new potential Canadian Bitcoin casino for real-money games. So, here is what a gambler MUST analyze!

1 — Licensing Check

Every legitimate online casino has a license from an authorized body. It also follows the regulations, such as responsible gaming and KYC procedures. Do not play on sites without proper licensing! For instance, you can find all the information about Skycity Casino online right on their website.

Information about licensing can usually be found on the website’s footer area. A gambler should also research the external regulator and confirm its legitimacy.

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2 — Security Check

A real-money casino MUST have encryption protocols to protect customer data from malicious hackers. Look for the lock icon in a website’s URL bar, which signifies that SSL encryption is employed.

It is also essential to look for a fair and audited random number generator (RNG) on the casino site. That means that all game outcomes are entirely random and not affected by external influences.

3 — Payment Processing Check

Cryptocurrencies like Bitcoin offer quick and anonymous payments, which can be attractive to scammers. So, check the payment processing methods and make sure that a provably fair system is in place.

A reliable crypto casino would also have multiple ways to fund an account and withdraw winnings. These are usually documented on the website’s “Banking” page or in its customer support material like FAQs.

4 — Customer Support Check

Communication is key to avoiding scams. It is always best to contact the casino’s customer support team directly before making any deposits or withdrawals.

A good online casino should have a 24/7 live chat option, and its agents must be able to answer questions quickly and satisfactorily. If any red flags arise, consider it a warning sign and move on to another casino.

5 — Reputation Check

Heeding the advice of other gamblers is essential to avoiding scams. Look for reviews around the Internet — social media platforms like Reddit, gambling forums, and so on — about casinos that you are researching.

Reading honest feedback from past customers can provide insight into what to expect from the online casino. It is also possible to reach out to players and ask directly about their experiences with a specific crypto casino.

6 — Software Providers Check

The quality of an online casino’s games is usually determined by the software providers responsible for developing them. A reliable casino should have titles from established brands such as NetEnt, Microgaming, and Playtech.

Checking out a list of software providers on the website can provide insight into which game categories are available. It also serves as a litmus test for the quality and trustworthiness of the casino.

7 — Bonuses Check

Online casinos often provide bonuses and other incentives to attract new customers. It is essential to read the terms and conditions of any bonus before claiming it, as there may be hidden strings attached.

Make sure to read all the fine print about the bonuses’ wagering requirements, cashout limits, and expiration dates. If something does not make sense, contact customer support for clarification. Thus you can get your Jackpot inside without worrying about additional terms.

Final Words

By conducting due diligence on any casino site, you can avoid costly mistakes and stay safe while enjoying real-money gaming. It is important to remember that the Internet is not a secure space, and vigilance is always required. Now that you know how to research an online casino, go ahead and pick the one that best suits your needs. Good luck, and happy gaming!

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