FAQ – MIND CRYPTOSPACE
Crypto Wallets & Security
1. What is a crypto wallet?
A crypto wallet is a digital tool to store, send, and receive cryptocurrencies. It can be software-based (hot wallet) or hardware-based (cold wallet).
2. What's the difference between hot and cold wallets?
Hot wallets are connected to the internet and convenient for daily use. Cold wallets are offline and much safer for long-term storage.
3. Are custodial wallets safe?
They are only as safe as the provider. You don’t own the private keys, so if the platform is hacked, you may lose access to your funds.
4. What is a private key?
A private key is your access to your wallet. Anyone with your key can control your crypto. Never share or lose it.
5. How can I back up my wallet?
Write down your seed phrase and store it in a secure offline place. Never save it on your phone or PC.
6. What is the Guardian Wallet?
Our Guardian Wallet (coming soon) allows time-locked funds, trusted release, and self-exclusion features to prevent compulsive use.
7. Can I block gambling payments with my wallet?
Yes, our tools and supported wallets offer blocking features for known gambling addresses and contract-level filters.
Exchanges & Deposits
8. What is a crypto exchange?
A platform where you can buy, sell, and trade cryptocurrencies for fiat or other coins.
9. What’s the difference between centralized and decentralized exchanges?
Centralized exchanges (e.g. Binance) are controlled by companies. Decentralized ones (e.g. Uniswap) are smart contract-based and user-controlled.
10. How can I deposit safely to a casino?
Always double-check the address, use a secure wallet, and don’t send funds you can’t afford to lose.
11. Can I use exchanges to cash out my winnings?
Yes, but beware of KYC and withdrawal limits. Some exchanges may block accounts if they suspect gambling-related activity.
12. What are the safest exchanges for crypto users?
Reputable exchanges like Kraken, Coinbase, or Binance have strong security, but self-custody is always safer for storage.
13. How can I limit spending on exchanges?
Use separate wallets, set withdrawal limits, and avoid linking credit cards or instant bank transfers.
Crypto Casinos & Risks
14. Are crypto casinos legal?
It depends on your country. Some allow them, some don’t. Always check local laws before playing.
15. What does “provably fair” mean?
A system that lets you verify each game’s result through cryptographic proofs, ensuring fairness without trusting the operator.
16. What are the signs of a scam casino?
No license, fake bonuses, lack of transparency, delayed payouts, and no contact support.
17. Can I recover funds lost to scams?
Usually not. Crypto is irreversible. That’s why our blacklist and community reviews are vital tools.
18. What should I do if I feel addicted?
Seek help immediately. Use our suggested apps, block tools, and contact professional therapy support.
19. Can I still gamble safely?
Only if you are in full control. Set limits, block yourself if needed, and never chase losses.
Self-Protection & Blocking Tools
20. How can I block gambling apps on my phone?
Use apps like “BlockSite”, “Stay Focused”, or “Digital Detox” from the Play Store. Configure keyword filters and app locks.
21. Can I block gambling sites on PC?
Yes. Use DNS filters like NextDNS, OpenDNS, or install browser extensions such as “LeechBlock” or “Cold Turkey”.
22. What is a DNS filter?
A DNS filter blocks domains before they load. You can configure it to block all gambling-related content at the network level.
23. Are there free tools to block crypto gambling?
Yes. Free tools like NetGuard (Android), BlockSite, and NextDNS offer strong protection without subscriptions.
24. How do I block myself permanently?
Use a combination of time-locked wallets, DNS filters, accountability partners, and irreversible contracts or triggers.
25. What is Mind Cryptospace?
Mind Cryptospace is a safe digital environment that supports crypto users with tools, content, and a support system to fight gambling addiction.