0xBet Is it Legit?
0xBet: Is it legit?
A lot of players are a little reluctant to place bets even at a regular bookmaker, let alone one specializing entirely in crypto deposits! There have been more than enough horror stories springing up all around the Internet of crypto scams, and nobody wants to become a victim of one – even losing your money fair and square would be preferable! But how can you protect agains them?
Well, the good news is that we at BettingSites.CC are certified experts when it comes to the world of online gambling – just look at how many different sites we’ve reviewed! And while we can’t claim to know for a fact whether a particular bookie is a scam or not (nobody has that kind of psychic power), we’ve become pretty good at spotting the signs of a scammy bookie. So don’t take anything we say as gospel, just consider the points we’re making and try to come to your own conclusion!
The Short Answer: Is 0xBet Legit?
No, it isn’t. After careful consideration, we have determined that we can not call 0xbet a legitimate site and would recommend that players find another one to play at.
Why Do We Think That?
- Offshore License – 0xBet has a Curacao license – an offshore regulator that has a reputation for being particularly lax when it comes to enforcing punishments on misbehaving sites. Normally, this would be perfectly fine, as Curacao is the most common license out there – most sites we’ve reviewed have it. But when you combine this with the fact that all crypto transactions are final and non-refundable, the reduced oversight suddenly starts to seem like a problem, doesn’t it?
- Poor Reputation – In the process of preparing for our review, we went ahead and examined a whole bunch of user reviews for 0xBet written not by professionals like us, but by regular players like you. And the results were… not encouraging, to say the least. Most user reviews we saw gave the site incredibly low scores, and while few labeled it as an outright scam, the overall sentiment was not positive whatsoever.
- Doesn’t Comply with Regulations – An online betting site needs to do far more than just have a license in order to be considered legal – there are a whole bunch of regulations it has to abide by from a number of institutions! Well… 0xBet doesn’t, at all. For example, it doesn’t require KYC/verification even for players who ultimately deposit with a credit card, which goes strictly against the guidelines of payment providers like Visa and MasterCard.
- Unreliable Support – We will speak more about the support team of 0xBet near the bottom of our review, but let’s just say, we haven’t been able to hear from them at all. The site doesn’t seem to have a live chat function, and our e-mails have gone unanswered. While it’s entirely possible that we’ll get a response eventually, it has been 24 hours since we e-mailed them, so even if they do respond, it’ll be too little too late.