Recent studies suggest that nearly 6 out of 10 gamblers hesitate to use crypto payments due to concerns over security and volatility. However, the adoption of cryptocurrencies in the online gambling industry has surged over 30% in recent years as sites implement safe and reliable crypto transaction protocols to earn players’ trust.
As an industry leader, FreeSpino recognises the need for security and accountability when wagering with crypto. The platform created strict protocols in order to unlock the full potential of blockchain payments in this sector and help you gain trust in the fastest transactions.
Let’s see how these protocols work and help you stay protected.
FreeSpino’s Safe Transactions Protocol is designed to build user trust and confidence in crypto-based casinos. One major worry we all have is the irreversibility of blockchain transactions – once crypto is sent, there is no way to get it back in case of fraud or error. FreeSpino’s protocol safeguards you and all their users by acting as an intermediary that will pause payouts in disputes and refund confirmed cases of fraud.
So you can enjoy your gambling experience knowing that your funds have an added layer of protection.
That’s why they developed the Safe Transactions Protocol specifically to provide you peace of mind as a user that your funds are protected while allowing you to enjoy the advantages of crypto when gambling.
FreeSpino has cutting-edge encryption, multi-signature wallets, and other mechanisms to keep your payments and winnings safe from hacking attempts. All transactions are transparent and verifiable on the blockchain while your personal information remains secure.
FreeSpino requires players to make a deposit of at least $20 in order to access the game catalogue and opt for bonuses. Players can deposit and withdraw money through Ethereum, Bitcoin and Litecoin – among other traditional bank methods like Visa. The withdrawal time is usually instant, and it shouldn’t take more than 24 hours when using a crypto banking method.
Besides their fast banking and safe transactions, you also get an amazingly large games catalogue. Their slots start from 0.10 coins per spin and get as high as $200. The games all have certifications, public RTP rates and reputable creators.
The site’s customer support team is quick and helpful, and the site works perfectly on any device, from desktops to smartphones and tablets.
You want assurance that any real money crypto casino you play at upholds strict standards to keep your funds and gameplay fair and secure. All reputable crypto-gambling sites should have basic protocols in place, including provably fair gaming algorithms that cryptographically prove bet outcomes aren’t tampered with.
However, FreeSpino goes above and beyond other crypto casinos by implementing a robust suite of security protocols specifically designed with your interests in mind.
In addition to provable fairness, FreeSpino also safeguards your funds in cold storage wallets. This protects your money from hacking attempts by keeping the majority offline and stored using air-gapped encryption protocols.
Their team of security experts monitor transactions 24/7 to detect any suspicious activity and prevent fraud in real-time.
You also get Anti Gambling Addiction Protocols with reality checks, budget checks and different tools to help you in case you’re starting to develop unhealthy thinking regarding gambling online.
With crypto casinos emerging all the time, discerning the great platforms from scamming ones can get tricky. However, you can follow the next steps to ensure you get the safest casinos.
First, ensure the casino is licensed and regulated. Trusted jurisdictions for crypto gambling include Curacao, Malta, Gibraltar, and Isle of Man. You can verify the license number at the bottom of the Homepage and the T&C page.
If you are a beginner, you should start by reviewing reputable listings that vet casinos. Look for reader ratings and expert rankings evaluating security, encryption, data policies, support responsiveness, and all the critical markers of trustworthiness. Pay special attention to casinos using Provably Fair gaming and dedicated security protocols like FreeSpino’s.
Crypto casino discussion boards and Reddit threads can also provide insight from fellow players sharing first-hand experiences. Don’t overlook transparency measures like third-party audits and publicly visible licenses.
In the end, you want to find sites that inspire the same confidence in you as a player that FreeSpino does for so many. With a commitment to respecting your security, funds, and right to fair gambling, you may find a few more go-to crypto casinos for fun and responsible play powered by the safeguards to facilitate it.