Is DexSport Legit?

1. Licensing and Regulation

• DexSport is operated by Dexapp LTD, with a registered address in the Autonomous Island of Anjouan, Union of the Comoros.
• It holds a Comoros gambling license, specifically License No. ALSI-202508043-FI2, which covers both casino and sportsbook operations.
• According to recent announcements, DexSport has also received an international gaming license under the Betting and Gaming Act of Anjouan, which adds a further layer of regulatory oversight.

Verdict: DexSport is licensed and regulated by a recognized authority, which supports its legitimacy in the Web3 gambling world.

2. Decentralization & Transparency

• The platform supports over 40+ cryptocurrencies across multiple blockchains, allowing deposits and withdrawals via on-chain transactions.
• DexSport claims to be “provably fair” — meaning that some game outcomes are transparently verifiable, thanks to blockchain technology.
• Smart contracts and key systems have been audited by CertiK, improving trust in fairness and system security.
• The terms and conditions specify that DexSport acts “as is” and disclaims certain liabilities related to errors or private key management.

Verdict: The decentralized architecture and third-party audit help build trust, but users need to understand the inherent risks of Web3 (e.g., wallet key loss).

3. Payments and Withdrawals

• Thanks to blockchain-based architecture, DexSport supports instant or near-instant on-chain settlements for withdrawals.
• The platform supports wallet connections such as MetaMask or Trust Wallet.
• There’s a system of daily or monthly withdrawal limits. Large withdrawals may require some verification.
• According to its payments page, DexSport uses SSL encryption and fraud protection to secure transactions.

Verdict: Payment infrastructure is solid, especially for crypto users; but as with all Web3 platforms, users must manage their own wallets securely.

4. Corporate Structure & Terms

• According to its public documents, DexSport clearly states its risk disclosure: users are responsible for their actions, and DexSport limits liability to “intentional misconduct” under regulatory or legal adjudication.
• The General Terms of use also clarify that DexSport is not responsible for users’ wallet private keys.
• The legal structure (Dexapp LTD, registration in Comoros) is publicly declared, which helps in verifying the operator’s identity.

Verdict: The company’s legal and terms documentation is transparent, though players must accept certain Web3-specific responsibilities (e.g., self-managing keys).

5. Reputation & Community Feedback

• There are mixed reports from users on Reddit: some claim they received withdrawals and had smooth experiences.
• However, other users allege issues such as account blocks, unresponsiveness from support, or payout problems.
• These mixed reviews suggest that, while many players use the platform successfully, there are non-trivial reports of risk or customer-service friction.

Verdict: User sentiment is not unanimously positive. Some trust the platform, others report serious frustrations. This is relatively common in high-risk or Web3 gambling sites.

Overall Verdict: Is DexSport Legit?

• Yes, DexSport shows strong legitimacy in key areas: it is licensed, regulated, audited, and publicly transparent about its operations.
• Its Web3-native model gives it both strengths (provably fair, decentralization) and risks (wallet management, self-responsibility).
• The mixed user feedback means prospective players should approach with some caution: check small withdrawals first, secure your wallet, and only bet amounts you can afford to risk.
• In summary, DexSport is a legitimate Web3 casino and sportsbook, but not without the inherent risks associated with blockchain gambling.