Diamond Exchange Alternatives: Expert’s Suggestion

Diamond Exchange Logo Do you want to find out about Diamond Exchange? Or want to know about the alternatives? You have come to the right place. In this article, we are going to give you a low down on this Betting Site and Casino. So, let’s dive in. 

1. 22Bet

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3. Betway

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5. Royal Vegas Casino

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List Summary

Payment Methods PhonePe, Paytm, UPI etc.
Licencing Details Licenced
Indian Rupees Accepted
Regular Audits Yes
Safety and Security Not Secure
Customer Support Services Reply within 24 hours

Quick Introduction to Diamond Exchange

Diamond Exchange betting site

Diamond Exchange Betting Site is a newcomer when it comes to the online betting market. They have been operating in several European countries but now they are focusing on India. There are many sports and casino games on the platform to bet on.

It claims to make it easier for Indian bettors to place their bets on sports with a simple click. There are convenient features for players, such as cricket betting, soccer betting, casino games, and live casino.

It is a mobile-friendly gambling platform. So, you can open it on your desktop or mobile site. This gives you the option to play on the go. 

So, if you are looking to learn more about this betting site, keep reading. 

Is It Legal?

Diamond Exchange Casino gets its license from the Government of Curacao and various other regulators. However, nothing has been mentioned about the licensing on the official site. This might seem a little suspicious. If a website is not properly regulated, it might be concerning to share your personal details and make monetary transactions. 

So, we cannot say if the platform is legal or not. 

Benefits of Playing at Licensed Betting Sites vs Diamond Exchange

The popularity of online betting sites and casinos is only growing with time. Gambling has become a popular pastime. Thanks to legal betting sites, it is more convenient and real. There are many benefits of playing at legal betting sites against Diamond Exchange Casino. Let’s check them out. 

  • Licensed betting platforms are all regulated. This means they are subjected to rules and regulations laid down by the license provider. Most of the trusted betting sites are licensed by the Malta Gaming Authority or the UK Gambling Commission. These licensing authorities impose strict restrictions on betting sites. That is why you can trust them. But Diamond Exchange doesn’t mention anything about the license. This should be taken as a red flag. 
  • Licensed betting sites are regularly audited. These are performed by an official regulator who issues the license to the betting platform. The audit ensures that the betting site is operating within legal confines and not funding criminal activities. So, on a licensed platform, your money is always safe. When auditing betting platforms, the regulator ensures that the funds deposited by players are in separate accounts, away from the standard business account of the betting platform. So, even if the site goes bankrupt, your money will be returned to you. Diamond Exchange doesn’t guarantee any such thing. 
  • Another benefit of playing on a licensed betting platform is that you register a formal complaint to the betting regulator in case you receive unfair treatment. For instance, if you have to withdraw money from a betting platform and you are asked to share tons of documents to verify your identity, but they keep you waiting for a long time. In case this happens to you, just launch a formal complaint with the license provider against the betting platform. So, the license provider is just like your trusted companion. 
  • Online betting has become highly popular in India. So, many sites are cropping up that accept Indian players. Most of these online sportsbooks are trusted and safe. However, the ones without the license can be considered to be fraudulent. They might only be interested in scamming people. Licensed platforms are real companies having real offices and corporate values. So, they pay taxes and earn money. So, scam sites cannot secure a license from the official regulator as they lack all these things. If you are setting up an account at Diamond Exchange, the site without a license, you cannot be sure if it is going to scam you.

How to Create an Account at Diamond Exchange?

If you want to still register and create an account at Diamond Exchange, you will have to follow a few easy steps. Let’s take a quick look at these steps.

  1. Go over to the official site on your preferred web browser. 
  2. Click on the option that says ‘Join Now’.
  3. This will open a pop-up window where you will have to enter a few details. 
  4. When you are done entering the click, click on the button that will confirm your details and create your account. 
  5. The betting site might ask you to verify your details. 
  6. Once you are done creating your account, you can start to play your favorite games. 

When you have created an account, you can log in using your username and password any time you want. 

Deposit and Withdrawal Methods

Deposit and Withdrawal Methods

Diamond Exchange offers its betting options to Indian players. So, you are going to find some Indian-friendly banking methods on the platform. Some of the banking methods available on the platform are given below-

  • PayTM
  • PhonePe
  • Google Pay
  • UPI
  • Bank Transfer
  • Credit or Debit Card

No matter which banking method you choose to deposit at the site, your money will be transferred instantly. Moreover, the platform doesn’t charge you an additional fee for the deposits you make. So, the money that you deposit is the money you get just like other online betting sites like skyexchange, lordexchange

The process to withdraw money from the casino is as simple as depositing. To make your withdrawals, you just have to call up the customer support team. All the methods that are available for making deposits are also available for making withdrawals.

The betting platform also doesn’t charge any fee for the withdrawals you make. The withdrawal time at the casino depends on the method you have chosen. For instance, if you choose UPI or e-wallet, you can expect to get your withdrawn money within a few hours.

However, if you are choosing bank or credit/debit card transfers, it can take 3-5 days. The online betting site can process the withdrawal request within 90 minutes. This is much faster than many other gambling sites available in India. 

Overall User Experience and Website

Diamond Exchange has set up its base in India to provide sports and casino betting options to Indian players. It is a site that has an old school. There is nothing too attractive about the platform. It has a standard layout. So, players can easily locate the different categories on the platform. 

The website doesn’t have graphics and animations. Thus, it appears to be quite boring, especially if you compare it to many other online betting sites that are available to Indian players.

Moreover, it doesn’t offer many convenient features that can make your betting experience more fun. Also illegal betting sites are banned in India so you should be aware and collect all information about this betting site before you start to bet.

You can also open the site on your mobile. The mobile site’s design is the same as the desktop site. It is also easy to navigate through the mobile site. 

So, if you are looking to have a seamless and fun betting experience, we recommend you choose some other betting platform. 

How to Contact Them?

Customer Support Services

If you are facing any problems withdrawing your money or are not able to locate something on the site, you can get in touch with the customer support team. It offers 24/7 customer support. The platform offers support services through different mediums. These are Diamond Exchange options-

  • Live Chat
  • Email
  • Calling
  • WhatsApp

Since the support team is available 24/7, you can contact them even if it is the middle of the night. The customer support team is friendly. They provide you with a quick response. So, you can expect to get a reply within just a few minutes if you use the customer support options, such as Live Chat or WhatsApp. However, if you send them an email, the betting site claims that they reply within 24 hours. You can also call up the customer support team if you need. 

Final Words

Diamond Exchange offers many betting options for players. The space offers many betting tactics for you to explore. The platform offers many bonuses and promotional offers to the players. It also has a casino section where you can place bets on some of the most popular casino games. 

It is an offshore gambling platform. But there is no clear information about the license on the website. Before you place a bet you have to ensure that you have a betting ID. In case you do not have a betting ID on the site, you will have to get one. 

All in all, it is a betting platform for Indians to play and bet on multiple gambling options. What’s best about the gambling site is you can start off by playing with free money to learn about the platform before you set up a real account. Once you start to adapt to the betting site, you can go ahead and deposit money to begin betting.