Is gambling with the Bitcoins legal in India?

Bitcoin_India

At present, many gamblers start using bitcoin for various reasons such as quick and easy withdrawals and deposits, high level of security in transactions, it is decentralized and provides anonymity. You may have a question whether gambling with bitcoins is legal in India, the Indian government have officially legalized neither online gambling sites nor the bitcoins, so obviously the gamble with bitcoins in India is not legal officially.

What are gambling sites in India using bitcoins?

There is a several number of gambling sites in India that use the bitcoins for the transaction purposes, but we cannot say that all the sites are safe to use. Since licensing is the main factor to identify the safer gambling sites, it is difficult in India to do.

Apart from licensing, there are other factors to identify the good bitcoin gambling sites such as certificates from top SSL certificate provider and testing authorities. Some of the bitcoin gambling sites in India that can be considered safe are:

BITSTARZ

  • Bitcasino
  • World tornado
  • 7 Bit casino
  • BitStarz
  • Oshi
  • Fortune jack

How to make payments in the bitcoin casino sites in India?

All you need for making deposits in bitcoin casino site is to load your web wallet with the bitcoins that you have bought.

Then in the bitcoin gambling site, you can select the payment method, enter the amount to deposit and finally confirm the payment. The deposits and withdrawal in the bitcoins casino is mostly offered free or with low fee.

bitcoin-casino-platform

Conclusion

Bitcoin casino is upcoming all over the world, however it is recommended for every player to read the terms and conditions of the gambling sites since they are subjected to change more often. Also it is necessary to clear your doubts by customer support team before depositing bitcoins in the casino.