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Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong
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Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong

Dragons.Tl Never Loses Customers’ Bitcoin

Yashu Gola
Yashu Gola
Last Updated: August 6, 2015 11:13 am
2 mins read

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Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
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The last year’s Mt. Gox scandal still feels like a fresh wound to the entire Bitcoin community. The theft, in which around 850,000 of the customers’ Bitcoins were disappeared, literally alarmed the entire digital currency sector about the risks of storing your value carrying units with an untrusted third party.

Ever since, governments and companies have joined hands to protect Bitcoin users from facing such horrific incidents. Despite this, we periodically hear about an X attack stealing a Y amount of money. These incidents normally keeps users away from storing their funds into the companies’ vaults. A sector which has been mostly affected by such users’ responses is online gambling.

Even before Bitcoin, most people think that online gambling is very unsafe to their pockets. It is believed that that the gaming sites somewhat twists the computer codes to churn out fake results, due to which customer loses its deposits. It is also believed that that these gambling websites are scams that lures people into depositing amounts, and — sooner or later — disappears with it.

The aphorisms, however, are not 100% accurate, not when gambling websites are designed by seasoned — and known — set of developers. We have, for instance, Dragons.Tl, which was designed and developed by an award winning team, called eGenesis.

This 12 year old company, with dozen accolades and favorable reviews on its uniform, manages to separate itself from every synonym of unreliable, scam and crime. It accepts Bitcoin for its online games, but also ensures a full reimbursement in case a customer loses its funds. It has never happened though, but Dragon.Tl believes in reminding people about what it stands for — honesty and flawless safeguarding.

“If you lose Bitcoins due to a server crash, we’ll do everything we can to verify any lost jackpots, and reimburse you for them,” the company has stated on its website. “After a server crash we may temporarily disable withdrawals to prevent double-withdrawals. We credit your first (up to 100 BTC) deposit immediately (in Bitcoin lingo, 0 confirmations), but prevent withdrawals until we’ve had 2 confirmations since your most recent deposit (about 12 minutes).”

From the look of it, this online gambling website surely means serious business when it comes to being fair and secure. And yes, it is licensed.

Don’t wait and sign up today.

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Yashu Gola
Yashu Gola

Yashu Gola

Yashu Gola is a Mumbai-based finance journalist. He is profoundly active in the bitcoin space since 2014 – and has contributed to several cryptocurrency media outlets, including NewsBTC, FxDailyReport, Bitcoinist, and CCN.

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Academically, Yashu holds a bachelor's in information technology, with majors in data structures and C++ programming language. He has also won the 'Atulya Award' for his efforts towards raising $100,000 for an India-based farming project.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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