Users can choose to play solely for entertainment or go with a colour trading app that offers real money
Colour trading apps can be described as mobile apps or websites that offer simple, yet exciting games for users. These are also known by other names such as colour prediction games. Since these games are quite exciting, one can play them just for timepass and entertainment. Users can also choose real money colour trading games, although their legal status could be questionable depending on your location. Let us check out more details about colour trading apps.
Image Credit - Google Gemini[/caption]
Colour trading app - Features
Users should be careful when choosing a colour trading app, as these may involve online gambling or lottery-style games. The user interface is designed in a way to make them look like skill-based games or investment-style games. Words like 'trading' or 'prediction' are often used to make them look like games related to stock, forex or crypto trading. However, in apps that mention real money, these are likely to be non-legitimate financial trading apps.
Some examples of colour trading apps include TC Lottery, BDG Win, Daman Games, 91 Club, Mantri Mall, TP Play, IN999, Tiranga Games, VClub, OK Win and KheloWinn. Since these are gambling or casino games, these are not available on Google Play or App Store. Users can access the official website or download the respective app APK to play colour trading games.
Pure gambling or scam?
Based on user reviews, a number of complaints have been reported for various colour trading apps. As per Indian law, the colour trading games are classified as non-skill games. It means that these are essentially games of chance, which is quite the same as betting, gambling, casino and lottery. Colour trading apps in India often use overseas servers to evade bans in the country.
A number of reviews about colour trading apps can be found on platforms like Reddit, YouTube, etc. Some typical scam patterns have been noted. For example, new users may register wins in the initial stage. Later, they may face consistent losses due to a rigged system. Users have also reported issues like frozen accounts and withdrawal blocks. Colour trading app platforms could also be hiring influencers to promote their games.
Reliability checks
It is recommended that users choose colour trading apps that are available on platforms such as Google Play or App Store. Downloading and installing APKs from third party sources can have various types of risks. Make sure you read the terms and conditions before playing such games. Try the demo first, if available, to get a better idea of what the game is all about.
There should be an RNG mention and the fixed payout tables should be clearly displayed. Any KYC should be done within the app and not via documents shared via email or WhatsApp. A complete history of transactions should be available. There should be controls such as session timers, loss limits, etc.