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Breaking News: Fed Lowers Rates By 25bps: How Bitcoin And Crypto Prices Responded And What's Next

Reasons to Avoid Non-GamStop Sites for Crypto Holders

Bitcoinist
by Bitcoinist
3 years ago
·
Posted in Sponsored Article
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Since Gamstop has become compulsory in the UK gambling industry, the players can choose between GamStop and non-Gamstop gambling sites. GamStop is a national self-exclusion scheme approved by the UK Gambling Commission to prevent gamblers from gambling-related problems. The non-UK licensed sites are able to choose whether they acquire this free gambling blocker or not, leading to a dilemma among the crypto holders.

This leads to the appearance of English online casinos not on GamStop that are available for every player in the United Kingdom. Since cryptocurrency gambling sites have become the best option for both players and crypto holders, finding trustworthy websites is crucial for them. To ensure that their gambling experience will be safe and fair, they should avoid registering at the non-GamStop platforms because of the following reasons.

Curacao eGaming License of The Brands

Every licensed casino operator and bookmaker that legally operates under the UKGC regulation must be part of the GamStop programme. Thus, the non-GamStop gambling sites that offer their services to the UK players evidently hold licenses from other gambling jurisdictions including the Curacao eGaming. Created in 1996, this Curacao regulatory authority body is responsible for delivering licenses related to the gambling sector and has expanded its services since 2002. Compared to the British gambling regulator, the Curacao license has shown failures in players’ protection.

Actually, the licensing standards are less effective because some of the gambling sites licensed by Curacao refused to pay out their customers’ winnings and then, disappeared. A considerable number of players complained to deal with fraudulent online casinos or sports betting sites. In addition, Curacao is also notorious for not interfering in disputes between the gamblers and operators making it a worthless license. It is undeniable that there are plenty of safe and reliable gambling websites holding licenses from Curacao, but to avoid possible issues that can be regretful; you should avoid the idea to register at the non-GamStop brands.

Slower Payouts

The payment options are the major factors to make a gambling experience an unforgettable one. The better and quicker the payment method is, the more outstanding your experience will be. Therefore, it is not surprising that the first requirement of the crypto holders is to play at a gambling platform that accepts the well-reputed banking options. Playing at some online casinos or other gambling sites that refuse to acquire GamStop can be risky because they usually lack reliable payment systems.

For example, you’ve hit a huge amount of winnings which is always an exciting moment so your first reaction is to withdraw your payouts as soon as possible. If you register at a low payout-gambling brand, you have to wait for many days before the funds reach your bank account. Over the last few years, crypto coins have become increasingly popular in reputable gambling sites for their high level of privacy and fastest transactions making the users’ gambling experience more comfortable. The websites that register at GamStop service usually accept digital currencies as payment methods to meet their customers’ needs chiefly when they withdraw their payouts.

Fewer Games than at GamStop Sites

Who doesn’t want to have fun with a wide variety of exciting games developed by the leading providers? All the players who visit the gambling sites obviously wish to enjoy the premium online casino games available there. The brands that are packed with a massive and diverse portfolio of games usually belong to GamStop, and because of their reputation to protect their players, the leading online gambling software developers accept to collaborate with them.

The best games mean those that can provide an incomparable gaming experience through their high-quality graphics, stunning animations, and more features to maximize the players’ chance of winning. These games have become iconic in the gambling industry, and despite the release of various new games, they have remained timeless. The gambling websites not registered to Gamstop come with a smaller selection of games compared to those who signed up with GamStop.

Conclusion

GamStop is an official self-exclusion tool in the UK gambling industry that has become powerful since 2020. The scheme requires individuals who want to stay away from gambling activities to ban themselves from gambling sites for six months, one year, and five years.

The brands that register with this respectful gambling blocker have attracted both new and expert crypto holders because they can fulfill their requirements namely safety and security, a large games library, and fast payouts. That’s the reason why they should avoid gambling websites that bypass GamStop.

 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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