Question 1

Is crypto gambling illegal?

Accepted Answer

In most countries, using cryptocurrency is completely legitimate. If gambling is illegal where you live, using cryptocurrency is a moot point.

Question 2

How do I purchase crypto?

Accepted Answer

Many markets sell digital currency for purchase. We suggest using major exchanges like Binance, FTX, or Coinbase. Expert users also have the option of using decentralized exchanges like Uniswap.

Question 3

Where do I store my cryptocurrency?

Accepted Answer

Digital wallets are used to store cryptocurrency. Mobile, desktop, paper, hardware, internet, and mobile are the most common. There are advantages and disadvantages to each potential choice.

Question 4

Where can I gamble with crypto?

Accepted Answer

Cryptocurrencies are accepted at many online sportsbooks, offering a wide variety of betting options—from traditional sports betting to online casinos. Gambling sites that accept crypto were among the early adopters of this payment method.

Question 5

Can I get my crypto back if I send it to the wrong address?

Accepted Answer

Unfortunately, once a cryptocurrency transaction has been started, it cannot be reversed. You should use extra caution before approving any wallet-related transactions.

Best crypto betting sites Page 33