Are cryptocurrency casinos illegal? Japanese Online Casino.com guides you on how to find a safe site.

With the spread of cryptocurrencies, the use of online casinos in Japan has entered a new era. Gambling with cryptocurrencies has gained a large following due to their anonymity and quick transactions. However, it is crucial to choose the right platform that supports cryptocurrencies to avoid legal issues and fraud risks in Japan. In this article, Emiko Matsuda, editor-in-chief of Japanonlinecasino.com, who has reviewed numerous sites in the Japanese market, will guide you on how to find a reliable cryptocurrency-enabled site and items to 違法な仮想通貨カジノを避けるavoid illegal cryptocurrency casinos.

Why is Cryptocurrency Payment Accelerating in Japan?

For a long time, Japan was a cash-based society. However, over the past few years, more people have become accustomed to cashless payments due to the increased use of credit cards for online shopping and contactless payments with electronic money. Especially when it comes to gambling online, regulations are gradually being applied to deposits made via credit cards and banks, leading to a natural shift towards using cryptocurrencies. In the future, cryptocurrencies are expected to play a central role in online gaming payments as the only means of payment.

Key Points for Finding a Legitimate Cryptocurrency-Compatible Site

In Japan, users can now enjoy online gaming and betting using cryptocurrencies like Bitcoin , Ethereum and altcoins. As the number of sites has increased, choosing a reliable and legal platform has become even more critical. Finding a safe and trustworthy site is essential for users to protect themselves from fraud and illegal transactions and to use cryptocurrencies with peace of mind. So, how do you really find a trustworthy cryptocurrency-compatible site? Here are some important points to consider.

1. Verify the License to Identify Legality

The most important thing is to verify whether the site operates legally. Casinos usually obtain licenses from government agencies in the countries where they operate. For example, government licenses from Malta, Curaçao, and Gibraltar are considered highly reliable, but for those allowing cryptocurrency use, licenses issued by eGaming authorities in Curaçao and Canada’s Kahnawake are notable. When using cryptocurrencies, it is wise to choose sites that have obtained these licenses.

• Curaçao License
• Kahnawake License

Sites that do not clearly list the operating company information and licenses at the bottom of their official pages or in the company introduction section might be operating illegally. License information is an important indicator of legitimate operation. Trustworthy sites usually disclose this information clearly. If a site lacks license information, it may be operating illegally. Such sites often do not guarantee user protection or game fairness, so they should be avoided.

2. Check the Reputation and Legality of the Site in Advance

From the perspective of someone who has reviewed many game sites, user ratings, reviews, and the latest comments are very useful for judging the reliability of a site. By checking independent and honest review sites or forums and referring to the experiences of other players, you can avoid illegal sites. Reviews often contain a wealth of information, allowing players to confirm that the site is audited by external parties and that features like random number generators (RNG) function fairly. Additionally, check if there is good customer support. Of course, ensuring that your preferred cryptocurrency is supported is a crucial check after confirming safety and reputation. In addition to major cryptocurrencies like Bitcoin and Ethereum, it’s also good to check whether other altcoins like Solana Coin and Pepe Coin are available. You might consider managing major coins as assets and using smaller coins like meme coins for gambling. Reputable legal sites generally support a wide variety of coins.

3. Choose Sites with Stronger Security Measures

Cryptocurrencies themselves achieve high security through their underlying technology. Particularly, blockchain technology is at the core of this security, functioning as a decentralized ledger, where transactions are recorded across multiple computers, making data tampering extremely difficult. This significantly reduces the risk of attacks and unauthorized access compared to traditional systems that rely on centralized servers. Cryptocurrency security features encryption technologies such as public and private key pairs, strictly managing access to users’ owned currencies. However, the security measures implemented by the site are also an essential factor when choosing a site. Legally operating sites have robust security measures in place to protect user funds and data. Check if they have strong security features like SSL encryption and two-factor authentication. By checking these items, you can avoid using illegal sites and ensure the safety of personal information and assets. It is recommended to verify what safety measures are in place on the site you wish to use.

Understanding the Risks of Playing on Cryptocurrency-Compatible Sites

Even if the safety is assured, it is important to remember that there are some risks associated with playing on cryptocurrency-compatible sites.

Risk of Hacking

Although security is considered high, online exchanges themselves can become targets for hacking. Additionally, the risk of price fluctuations in cryptocurrencies cannot be ignored. Cryptocurrencies are highly volatile in value, which means that they can decrease significantly in value during a game. This can lead to unexpected losses for the player. To mitigate such risks, players are required to manage their funds carefully and continuously monitor market trends and news related to cryptocurrencies. Given these risks, careful decision-making and prior research are necessary when playing on cryptocurrency-compatible sites. Choosing a trustworthy platform and taking necessary measures to protect your safety and assets is key to ensuring a healthy online gambling experience.

Using Bonuses to Mitigate Risks

Even for cryptocurrency beginners, using the available bonuses is recommended to enjoy various games while minimizing risks. Using bonuses can lower the barrier to starting a game and allow you to check compatibility with the site over an extended period. Additionally, increasing your initial funds can be very advantageous for players. Promotions involving cryptocurrencies are varied, and offers such as a mechanism that returns a portion of losses as a bonus when a player incurs certain losses are also provided. These bonuses help cover losses and reduce the risk for the player.

Conclusion

By using cryptocurrency casinos that meet the conditions introduced in this article, users can eliminate their concerns when depositing. Cryptocurrencies such as Bitcoin and Solana Coin are expected to be valuable as future investments and assets, but at present they do not have the same versatility as legal tender such as Japanese yen or dollars. Nevertheless, cryptocurrencies are characterized by their high degree of confidentiality and are considered much safer than entering credit card information or bank account numbers online. This makes them suitable for online gambling and highly trusted. As long as the site holds an internationally recognized license and operates under proper regulations, you will be able to play safely with cryptocurrency, Emiko Matsuda said.