King Exchange is an online gaming and casino website. While the platform has been considered one of the best betting platforms for punters, it has also been an issue as the website is considered illegal by many users.
In India, King exchange has created a name for itself; however, it is also an illegal betting site. More than 10,000 players contribute to this platform and bet on different sports. As per some sources, King exchange is currently not working in India.
In this post, we will know all about why it is banned in India and what are the consequences of banning it.
What is King Exchange?
King Exchange is a well-established online gaming and betting platform that allows people to play online games and win rewards. While King exchange provides luring offers to the players, it also provides multiple benefits to the players.
It offers live sporting events and competitions for the players. You can earn handsome rewards only by playing at King Exchange. The platform offers generous rewards and bonuses to the players when signing up on the platform.
It also focuses on several classic games such as blackjack, roulette, poker, baccarat, etc. It also offers a large variety of live betting sports. You can bet on cricket, horse racing bet, football, tennis, baseball, and many more.
However, the main question is if this betting platform is still active in India. Yes, it is active, but it is completely illegal in India.
Why is King Exchange Illegal in India?
Recently, the owners of the exchange have been arrested for cheating and forgery and have been charged under Indian Penal Code. This arrest was a major blow for the owners of this online casino and put several exchanges in the illegal category.
Overall, it is difficult to tell if the exchange is completely legal or illegal in India. However, the platform is completely banned in India after the arrest of the owners of this exchange.
Players can still play through this platform, but they have to use VPN to enjoy betting and casino games on this platform.
Is the payment method a reason for banning King Exchange in India?
If we talk about the restrictions on the payment methods used by the King Exchange, there is no detailed explanation of this. However, the exchange provides Paytm, UPI payments, Bank transfers, Neteller, PayPal, EWallet, Skrill, and Debit/Credit Cards.
You can easily deposit and withdraw on this platform, and it accepts these options and makes the process less complicated for the users.
How Customer Support Contributes to King Exchange?
For every player, one of the main concerns of every gaming and casino platform is the support of customer care. Customer care is an essential part of any online gaming platform. You can rely on the support if you face any issues while playing games on any online casino and gaming platform.
Customer Services plays a major role in trust building towards any website. For King Exchange, it was earlier stated that it offers 24/7 availability for resolving queries. However, it has now been completely shut down due to the banning of this platform in India.
Because of the arrest of the owner of King Exchange, the whole platform has been shut down in India.
Why is it safe to play with foreign websites?
Indeed, it is a safe game if you play on a foreign online exchange, as it holds no restrictions for the players in India. The Indian players remain at ease because the platforms they are using are fully licensed in their respective countries.
In India, online betting is not legal under central government regulations. However, this issue has been under the jurisdiction of a state. State governments can decide for themselves if they want to allow casinos and to bet in their area.
For Foreign registered websites, you can play online on these platforms, and you don’t have to face any adversity because of the policies of the Indian government.
Risks Associated with King Exchange
The King exchange is an old site and has its own pros and cons. But the latest arrest of the owners highlighted the darker side of the exchange. The popularity of King Exchange as an old site, higher betting odds and getting on multiple accounts vanish within seconds when the risks with the exchange become visible to the public.
The biggest risk with King Exchange is the lack of security. The webpage of the exchange has no SSL certificate and can easily be hacked by any intruder. The personal information, as well as all the earned money of the user, is at risk because of the low-security standards of the website.
Moreover, the exchange is not even licensed in India, so there are higher chances of fraud in the exchange. King exchange does not provide the security to the participants that they require.
What are the best alternatives to King Exchange in India?
King Exchange has earned immense name and recognition among punters in India. But it received more negative fame than positive. There are many alternatives to King Exchange in India. Some of the best alternatives are named below.
There are different opinions from different people about this platform. However, the current scenario is only directed that the King exchange is not operating in India. Earlier, this platform offered sports games such as Cricket, football, basketball, tennis, and more, along with casino games like rummy, poker, baccarat, andar bahar, dice duel, blackjack, ludo, etc.
That is all about the King Exchange in India. Some sources state that it is completely banned in India, while some say that you can still play on this website by using another VPN.
Hopefully! This information will help you to choose wisely before registering on King exchange or on any online casino platforms. Make sure to dig a bit deeper before registering on any online casino platform.
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