MCobian
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May 16, 2021, 02:50:08 AM |
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From all the comments in this thread, almost everyone does not agree that crypto casino enforces KYC. But fortunately almost all crypto casinos that I actively use now don't enforce KYC, because it is not comfortable to use a gambling platform that enforces KYC. I was also going to register on the new gambling platforms and was required to submit some personal information, I immediately changed my mind and decided not to join that gambling platforms.
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Fundamentals Of
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May 16, 2021, 03:41:47 AM |
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I don't play at any crypto casino which asks for KYC upon withdrawal. But it is also a reality that even my favorite casinos that do not ask for KYC could also demand for it anytime. There is always a clause in their terms and conditions that KYC may be required from any customer if suspicious activities are observed.
I don't feel safe giving away KYC information to crypto casinos. I know that personal information will be handled properly and securely but we never know when a leak or a hack would occur.
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xSkylarx
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May 16, 2021, 04:32:56 AM |
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From all the comments in this thread, almost everyone does not agree that crypto casino enforces KYC. But fortunately almost all crypto casinos that I actively use now don't enforce KYC, because it is not comfortable to use a gambling platform that enforces KYC. I was also going to register on the new gambling platforms and was required to submit some personal information, I immediately changed my mind and decided not to join that gambling platforms.
It is obvious that these new gambling websites have bad motives to their users. If they really want to compete with the popular gambling platforms, they won't require KYC. I just wonder now if people still comply with the KYC of those new platforms because they often give bonuses to their new users as a way to attract them. For me as long as there are trusted gambling platforms that doesn't require KYC then I would definitely avoid these new platforms that are asking for personal information.
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Wexnident
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May 16, 2021, 04:35:58 AM |
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From all the comments in this thread, almost everyone does not agree that crypto casino enforces KYC. But fortunately almost all crypto casinos that I actively use now don't enforce KYC, because it is not comfortable to use a gambling platform that enforces KYC. I was also going to register on the new gambling platforms and was required to submit some personal information, I immediately changed my mind and decided not to join that gambling platforms.
Might be because the amount you're betting is still small. Most casinos would actively ask for KYC when you go past a certain amount at times, plus, afaik there are also casinos where you can directly buy funds from their site using your card, so that's still technically you giving out your own details to their site. Easily avoidable if you only play small-time, kind of a pain to avoid if you're a big player. There are also instances where you get connected via your names though, but that's mostly just the work of someone stalking you really hard.
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Reatim
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May 16, 2021, 04:41:42 AM |
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I have 2 questions which I would like everyone to please answer and based on the answers can we can have a clear picture.
1- Would you gamble at a crypto-casino knowing it would ask you for KYC documents before withdrawal?
If i find that casino Great and legit? then i will play but with Small amount at a time because i am afraid of being asked for KYC once i win big time since this is all the issue every time . If a player cheated the casino by any means, then the casino should just ban the player because asking for KYC is not going to solve the case.
Sometimes They cannot just banned the account because most reason of cheating is having multiple account and asking KYC will answer what they wanna look at. 2- Do you feel safe giving out your KYC to online crypto-casinos?
I'm totally disagree.. I played in crypto gambling because of anonymity and asking this from me will break that essence .
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STT
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May 16, 2021, 05:13:56 AM |
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I am still not comfortable verifying myself at a lesser-known crypto casino.
I thought KYC might be standardized years ago but still now it appears to be every site does this individually. Some might fear KYC but I would not expect the user themselves to be held responcible for a failure in a system, clearly any scanned documents should be watermarked to stop them easily being passed round.
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ralle14
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May 16, 2021, 05:21:24 AM |
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It is obvious that these new gambling websites have bad motives to their users. If they really want to compete with the popular gambling platforms, they won't require KYC. I just wonder now if people still comply with the KYC of those new platforms because they often give bonuses to their new users as a way to attract them. For me as long as there are trusted gambling platforms that doesn't require KYC then I would definitely avoid these new platforms that are asking for personal information.
It's hard to assume that most newly launched sites in general have bad motives just because there's KYC, even without KYC it's still not enough to make any gambling site successful since there's so many reputable casinos already. If you look at it in a different perspective maybe they're just trying their best to stop abusers and cheaters since this is one of the main problems on most gambling sites that doesn't have KYC.
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Bitinity
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May 16, 2021, 05:35:29 AM |
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I am still not comfortable verifying myself at a lesser-known crypto casino.
I thought KYC might be standardized years ago but still now it appears to be every site does this individually. Some might fear KYC but I would not expect the user themselves to be held responcible for a failure in a system, clearly any scanned documents should be watermarked to stop them easily being passed round. It is just a matter of time when KYC will be a mandatory thing in crypto casinos in the future. Once it comes to regulation (government or license), casinos wont be able to avoid it and they should follow the regulation if they want to continue the services. It is obvious that not all people are welcome with KYC so it is our own choice.
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Mauser
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May 16, 2021, 06:05:25 AM |
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I have 2 questions which I would like everyone to please answer and based on the answers can we can have a clear picture.
1- Would you gamble at a crypto-casino knowing it would ask you for KYC documents before withdrawal?
2- Do you feel safe giving out your KYC to online crypto-casinos?
In short my answer is Yes for both questions. As for 1 - I think it became standard practice in todays world to have to use KYC. Gambling online for a few years now, and played online poker for probably 10 years, and had to always do KYC verfications. It is just a protection for the casinos since they are giving away a lot of money through their bonuses - like 100-200% deposit bonus. As for 2 - It depends on the casino, if it is a casinos who has been around for many years, then I totally feel comfortable to give away my infortmation. But if it is a completely new casinos without a track record, then I will do some research online for some reviews and see if it is really legit and if they don't will missuse our data.
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acener
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May 16, 2021, 07:25:51 AM |
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I know that it is important to filter their gamblers and keep the business running. They need to know if their gamblers are in legal age to use their site. But it is hard to send those sensitive or personal information to random site so it would depend on how I trust them, If they have a good background and partnership then why not, But if their new and doesn't have any background then it would be hard to trust them.
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plr
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May 16, 2021, 07:36:09 AM |
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2- Do you feel safe giving out your KYC to online crypto-casinos?
I'm not a whale and I'm not playing daily, I also don't like KYC even on airdrops or bounty campaigns I don't do KYC but if you happen to win a big amount I don't think you have a choice to say no, or you will lose your opportunity to cash out your earnings, it's either you do it or do not play big money and avoid winning big.
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qwertyup23
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May 16, 2021, 07:43:36 AM |
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1- Would you gamble at a crypto-casino knowing it would ask you for KYC documents before withdrawal?
This depends on the casino on where I am betting. Generally, I would avoid casinos that ask for KYC documents primarily due to security and privacy reasons. The fact that one establishment has your personal records (i.e. addresses, names, etc.) puts you in a position where you risk your daily life knowing that they know your address. Metaphorically speaking, it's like there is a sword of Damocles hanging on to you. 2- Do you feel safe giving out your KYC to online crypto-casinos?
This would be my exception to providing my KYC to certain casinos. In adherence to my previous answer, the reason on why I avoid KYC is due to privacy and security reasons. But if the casino is relatively famous and well-known among the online world, then I would feel less terrified and nervous. Although such fact alone may still put you at risk, the fact that you gamble online already puts you in that kind of situation.
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Beparanf
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May 16, 2021, 07:47:44 AM |
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2- Do you feel safe giving out your KYC to online crypto-casinos?
I'm not a whale and I'm not playing daily, I also don't like KYC even on airdrops or bounty campaigns I don't do KYC but if you happen to win a big amount I don't think you have a choice to say no, or you will lose your opportunity to cash out your earnings, it's either you do it or do not play big money and avoid winning big. This is the common problem of gamblers especially for those who are cautious on giving out there identity due to there personal reason. Casino are hostaging the jackpot money and ask for a KYC but most of this scenario was never become successful because casino don't want to give money to players and they are just using KYC as an excuse for not giving it.
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Stalker22
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May 16, 2021, 07:54:43 AM |
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I think it is a case-by-case situation. While I generally dislike KYC procedures and don't want to disclose my personal information unless absolutely necessary, many online services require it nowadays. Many have already pointed out the importance of trust. As long as a casino is regulated and well known and has established trust among the community, I feel somewhat comfortable providing my KYC documents. It's important to do your own research and determine if the risk is worthwhile.
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OgNasty
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May 16, 2021, 08:10:58 AM |
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I’m hesitant to use any service that asks for KYC rules to be met. Mostly because privacy is something that can be taken less serious by some people and security loopholes are often found by those trying to exploit a lot of information held insecurely in one spot. Many crypto operations don’t make their owners known easily, so it’s hard to rely on their security practices for your sensitive information.
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pilosopotasyo
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May 16, 2021, 08:39:16 AM |
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It's a bitter pill to swallow you have a good point you win a big amount of money but you will end up sending who you are and where you live and you are exposed unless they have a license and bounty by strict rules and regulations about customers data you will be ok, so it's very important to only pick the right casino to play, it's for your own good and safety too.
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BACK FROM A LONG VACATION
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Saisher
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May 16, 2021, 08:49:21 AM |
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From all the comments in this thread, almost everyone does not agree that crypto casino enforces KYC. But fortunately almost all crypto casinos that I actively use now don't enforce KYC, because it is not comfortable to use a gambling platform that enforces KYC. I was also going to register on the new gambling platforms and was required to submit some personal information, I immediately changed my mind and decided not to join that gambling platforms.
it's really for your own good if you choose the gambling sites that are not asking a KYC there are many gambling sites to choose from and some of them are not asking, but be careful still they may not ask if you are playing but may do so when you are withdrawing a big amount, and they can always change or circumvent their own rules in their favor.
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BITCOIN4X
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May 16, 2021, 08:49:38 AM |
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1- Would you gamble at a crypto-casino knowing it would ask you for KYC documents before withdrawal? Yes, but it depend on the reputation the casino has. But on several occasion, I tried to stay away as much as possible. 2- Do you feel safe giving out your KYC to online crypto-casinos?
Of course not, although a casino can be trusted due to its reputation, there is no guarantee that a user's identity will never be leaked in the future. KYC is one system that is still being discussed between the pro and con. Some people may agree because on the other hand KYC can prevent fraud and illegal acts, while others still care so much about privacy that they will distance themselve from platform that require KYC.
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michellee
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May 16, 2021, 09:18:56 AM |
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We have our choice, whether playing gambling on the casino which applies KYC or not and we will have our favorite casino to playing gambling. But for me, I do not want to play on the casino, which applies KYC because that means, I need to verify myself before I can withdraw. I don't need to verify my account as I do not play gambling too often, and I do not use gambling to make money. If you are a high roller and already sent a document to the casino, you need to be careful as the casino can do anything with your document.
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Poker Player
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May 16, 2021, 09:27:23 AM |
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I have 2 questions which I would like everyone to please answer and based on the answers can we can have a clear picture.
1- Would you gamble at a crypto-casino knowing it would ask you for KYC documents before withdrawal?
No. I mainly play poker and the crypto poker offer does not appeal to me. If on top of that I had to go through a KYC process even less. 2- Do you feel safe giving out your KYC to online crypto-casinos?
Well, kinda. As someone has pointed out before, in a hypothetical situation, that I had to provide my data if it were a casino with a long history and a great reputation I might feel somewhat safe.
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