is KYC data on Gambling sites safe?

[bitbunnny]

To be honest, I didn't think that our personal data are safe anywhere on the internet and gambling sites are not exception. Personal data is very valuable goods online.
However, KYC is part of regulation and on legit sites is a must so we don't have much choice but to trust that gambling sire we use has taken all necessary measures to protect the date and that it will not misuse it. In general, the whole virtual space is about the trust but also precaution.

[AmoreJaz]

To be honest, I didn't think that our personal data are safe anywhere on the internet and gambling sites are not exception. Personal data is very valuable goods online.
However, KYC is part of regulation and on legit sites is a must so we don't have much choice but to trust that gambling sire we use has taken all necessary measures to protect the date and that it will not misuse it. In general, the whole virtual space is about the trust but also precaution.

do take note that we don't know where our info will end up with. so before you submit any vital info to any site, whether it is gambling site or not, make sure the site is legit for one, and you will really use their services more often. because if you will just use the site one time, then, that's not worth taking a risk for your docs.
much better if you will stick to one reputable casino if you do need to submit kyc. not on every casino you want to play with. as much as possible, lessen the exposure of your personal details online.

[ethereumhunter]

Casino that will not risk their business most with established casino as they will care more about security they will not take that big risk closing their business just because of mishandling those private information, it's hard to entrust your private data but if you really trust the site where you are playing or where you are gambling, it's something that will be depend from how you really see and project the business if they will take care of your data or you need to pause for a while and think more if you are willing to take that step and risk those information.

An established casino will not take the risk of not having good security to protect the data of its users because its customers have entrusted their data to the casino. And the casino will try to keep this data properly and ensure that the casino can be trusted. And it is our job to determine which casino we will choose so that when we submit documents to the casino, they can properly carry out their duties. We also don't have to worry about the security system on their site.

Yes indeed, they will keep that information as they know it will ruin their business if in case they've got exposed or if there's hack that may happen to their system, it's a bread and butter for them so why let that to happen and ruin their good communication with their clients. Gambling business is not an easy task, but once you established you'll do your best to keep it as it is.

If a casino experiences a hack and the news gets around, the casino's reputation may suffer and it won't be able to maintain its business any longer. That is why casinos must really be able to maintain their reputation and be able to provide security for consumer data that has been submitted to the casino. And with maximum protection, casinos can also calmly run their business. At the same time, consumers can also play gambling comfortably because they have confidence in the ability of casinos to protect their sites from hacking.

[Docnaster]

Depends on which site you're submitting your KYC info to. Most of the time, casinos that are requesting these information are already registered and in contact with the government, so at least you know that you will have something to chase whenever something goes wrong. I wouldn't really trust these platforms 100% though, as there is always a risk of leaked information even though they themselves are not the ones leaking the information in the first place. Perhaps just pass the basic KYC and that's it.

The best form of trust is not to give out your personal information, immediately it is given out to any platform, company or organisation and even government, it is no longer secured. Even if they will not use it against you, they can trade your data. So, immediately you give out your personal information you are no longer sage even if the company you gave it promised not to expose it.
When they are compelled by law, they will have no option than to give your details out.
Your data is like your private key, when it's leaked, it's leaked.

[piebeyb]

To be honest, I didn't think that our personal data are safe anywhere on the internet and gambling sites are not exception. Personal data is very valuable goods online.
However, KYC is part of regulation and on legit sites is a must so we don't have much choice but to trust that gambling sire we use has taken all necessary measures to protect the date and that it will not misuse it. In general, the whole virtual space is about the trust but also precaution.

That's why you have to do research before playing gambling whether the casino is trusted and has a high reputation, you don't need to mention that personal data is valuable online goods because we all know that, but we also need to know that even casinos don't want regulations that and want freedom, but they are subject to the law, aka the law, and as gamblers, we must also obey the existing regulations.

I think we have a choice if we don't want to play at the casino, provide personal data, look for a decentralized casino but don't guarantee security as well as comfort there, the risk of losing money will also be very easy, but here all decisions come back to each gambler how they see it from their point of view KYC at the casino. don't make it complicated when gambling at a trusted casino, I'm sure everything will be safe too.

[btc_angela]

As we know, many gambling sites have Kyc requirements when making withdrawals. Some people may not have a problem with this condition, but some people think differently about doing Kyc. Some people refuse to fill in their Kyc data for fear of being misused. That's a natural thing, but is the worry too much?

Kyc actually has a function to prevent dangerous actions, such as money laundering. In addition, Kyc can also protect customers from account breakers.
 
Now there are several gambling sites that do not require Kyc to withdraw funds. That's good news. But I don't know if big money withdrawal need Kyc or not. I've never withdrawn much money.

Are you one of those who agree or refuse to fill out kyc on gambling sites? So far, the Kyc that you have filled in on the gambling site is safe? I've never had a problem with the Kyc that I filled out at the gambling site. Have you ever felt cheated from Kyc submitted?

I don't know what you meant by "safe" though, no one is safe in this world, although we shouldn't give our personal data, those that are receiving it has the responsibility to protect it my any means, otherwise they will be liable by law to pay hefty fines if ever there will be a data leakage about their customers.

So it's very important to them, on the other hand, we might not be comfortable giving it out. However, we really don't have a choice now. There is this whole crypto regulation slowly crippling it in the last 5 years including casinos and exchanges and if we want to still enjoy it, I guess it's going to be mandatory now to submit KYC.

[maydna]

As we know, many gambling sites have Kyc requirements when making withdrawals. Some people may not have a problem with this condition, but some people think differently about doing Kyc. Some people refuse to fill in their Kyc data for fear of being misused. That's a natural thing, but is the worry too much?

Kyc actually has a function to prevent dangerous actions, such as money laundering. In addition, Kyc can also protect customers from account breakers.
 
Now there are several gambling sites that do not require Kyc to withdraw funds. That's good news. But I don't know if big money withdrawal need Kyc or not. I've never withdrawn much money.

Are you one of those who agree or refuse to fill out kyc on gambling sites? So far, the Kyc that you have filled in on the gambling site is safe? I've never had a problem with the Kyc that I filled out at the gambling site. Have you ever felt cheated from Kyc submitted?

I don't know what you meant by "safe" though, no one is safe in this world, although we shouldn't give our personal data, those that are receiving it has the responsibility to protect it my any means, otherwise they will be liable by law to pay hefty fines if ever there will be a data leakage about their customers.

So it's very important to them, on the other hand, we might not be comfortable giving it out. However, we really don't have a choice now. There is this whole crypto regulation slowly crippling it in the last 5 years including casinos and exchanges and if we want to still enjoy it, I guess it's going to be mandatory now to submit KYC.

Perhaps "safe" means that no casino will get hacked, but I agree that nothing in this world is safe, especially when that data is already on the internet. Hacking can happen at any time and on any site, so we must be careful if we want to verify by sending personal data.

Regulations from the government try to suppress crypto casinos so that crypto users who often play gambling at crypto casinos experience the impact of these government regulations. We must verify by doing KYC because we still want to use the casino to play gambling. But I don't think this has stopped newer casinos that aren't as strict from being able to get new users moving away from casinos that have overly strict KYC regulations.

[Beparanf]

Regulations from the government try to suppress crypto casinos so that crypto users who often play gambling at crypto casinos experience the impact of these government regulations.

I understand why government do that because many money launderers is now using online casino to mix their dirty money. Unlike crypto mixers, Casino needs to apply safety precautions like KYC to fight this criminal and to avoid being seize by the government by allowing launderers to freely use their service to wash their money.

I don't think this has stopped newer casinos that aren't as strict from being able to get new users moving away from casinos that have overly strict KYC regulations.

Afaik, New casino with license is stricter in application of KYC compared to the old reputable casino since they want to fully compliant in the law because they are new and scared on the probable impact on their business.

[tusandii]

I don't think this has stopped newer casinos that aren't as strict from being able to get new users moving away from casinos that have overly strict KYC regulations.

Afaik, New casino with license is stricter in application of KYC compared to the old reputable casino since they want to fully compliant in the law because they are new and scared on the probable impact on their business.

In today's era, casinos that enforce KYC are a natural thing because indeed it is the policy of the license used and also to avoid criminal acts such as money laundering because money laundering can affect the casino's existence.
If a casino becomes a place where money laundering is carried out, then indirectly the casino is also at risk of being dragged into legal problems for money laundering.
After all, giving KYC to a trusted and reputable casino is nothing to be afraid of.

Also keep in mind that here there are many casinos that enforce KYC and non KYC so gamblers don't need to worry about it because they only have to choose which casino to use.

[Jawhead999]

If you're worried your KYC can be used for illegal thing, make sure you must not share your KYC in any online places!

Any site regardless it's small or big, trusted or not are promise they will protect your KYC and only share to trusted third party, but how to verify if they're legit? no way. When you submit your KYC on many sites, you don't have any idea which site is lying to you and use it for illegal activity.

It's why just gamble on no KYC casino.

[TheGreatPython]

To be honest, I didn't think that our personal data are safe anywhere on the internet and gambling sites are not exception. Personal data is very valuable goods online.
However, KYC is part of regulation and on legit sites is a must so we don't have much choice but to trust that gambling sire we use has taken all necessary measures to protect the date and that it will not misuse it. In general, the whole virtual space is about the trust but also precaution.

do take note that we don't know where our info will end up with. so before you submit any vital info to any site, whether it is gambling site or not, make sure the site is legit for one, and you will really use their services more often. because if you will just use the site one time, then, that's not worth taking a risk for your docs.
much better if you will stick to one reputable casino if you do need to submit kyc. not on every casino you want to play with. as much as possible, lessen the exposure of your personal details online.

Most casino platforms don't ask for KYC as long as you are just playing normally and not requesting any big withdrawals, as soon as you request to cash out something significant, they will surely ask you to verify yourself first so that they are assured that you are not a part of something illegal like money laundering or cheating, etc. And in such situations, we got no choice but to comply with their rules because we can't leave our money there.

As you said, someone should simply stick to one platform and they should choose that platform after doing some research only to confirm that they are reputable and trusted because things will stay normal if the casino doesn't usually have issues with their gamblers.

[Furious 7]

Are you one of those who agree or refuse to fill out kyc on gambling sites? So far, the Kyc that you have filled in on the gambling site is safe? I've never had a problem with the Kyc that I filled out at the gambling site. Have you ever felt cheated from Kyc submitted?

Actually, with the current conditions, saying it is safe or not is something that is difficult when it is in the scope of "online". other party and it could also be a bit dangerous if there is something unexpected.
I'm not going to say every casino that has KYC in it is bad but admittedly in this case I still wanted anonymity so I have the right not to either.
Even though this is also based on our good self, I don't gamble big and only gamble small amounts, so it doesn't matter to me if I don't do KYC in it because this is like a principle for myself personally.
There will definitely be pros and cons about this but again, this is for my entertainment and I don't want things related to my privacy to be disturbed because my goal is also just to play and enjoy games on existing sites.
As long as it is possible not to do KYC then I think there is no problem with that.

[2Pizza410000BTC]

If you're worried your KYC can be used for illegal thing, make sure you must not share your KYC in any online places!

Any site regardless it's small or big, trusted or not are promise they will protect your KYC and only share to trusted third party, but how to verify if they're legit? no way. When you submit your KYC on many sites, you don't have any idea which site is lying to you and use it for illegal activity.

It's why just gamble on no KYC casino.

Know your customer (KYC)
Certainly this I would discover to be a worthless method. Because why I will leave my complete information especially my personal information under others. Can this method guarantee the protection of my personal data?

Moreover, I think it is completely unreasonable to give personal information to gambling sites because who will take my personal information security when a gambling site is confiscated by the government?

[bettercrypto]

Are you okay with an online casino asking you for a kyc here in the crypto space? That you will discover in the end that it is not under regulation. Would you also be willing to give your kyc? Because we all know that when you provide data information, it is obvious that they already have a data record about you.

But if a casino is regulated, that's fine with me because a gambling platform just follows the rules in that case. So as a gambler we should know our risk tolerance somehow, right?

[klidex]

I don't think this has stopped newer casinos that aren't as strict from being able to get new users moving away from casinos that have overly strict KYC regulations.

Afaik, New casino with license is stricter in application of KYC compared to the old reputable casino since they want to fully compliant in the law because they are new and scared on the probable impact on their business.

In today's era, casinos that enforce KYC are a natural thing because indeed it is the policy of the license used and also to avoid criminal acts such as money laundering because money laundering can affect the casino's existence.
If a casino becomes a place where money laundering is carried out, then indirectly the casino is also at risk of being dragged into legal problems for money laundering.
After all, giving KYC to a trusted and reputable casino is nothing to be afraid of.

Also keep in mind that here there are many casinos that enforce KYC and non KYC so gamblers don't need to worry about it because they only have to choose which casino to use.

Even though big and popular casinos ask for KYC before making a deposit or before carrying out gambling activities there will be no guarantee that our data is safe.
Someone will think like this so choose a casino that does not require KYC in any activity.

[fullhdpixel]

Previously, you should know first that if you upload your data to the internet, it will be vulnerable to being hacked by hackers. So nothing can be 100% secure when we talk about the internet. But if you send documents to a trusted casino with a good reputation, you shouldn't need to worry because the casino will try to protect its customers' data properly. And of course, the casino will increase the security on its site so that hackers cannot break into the site. I have no problem with KYC if it's in the right hands and not using it for illegal things.

A casino could also place the KYC data of their customers offline because there will always be a good hacker that can access any site even if they have a robust security. I think it's also possible for the casino funds to be stored offline. They will only store a few amounts for immediate use. That way the damage will only be small in case a hack happens and the casino can still run properly but they are now going to improve their security again.

Like you, I have no problems of sending my KYC to a reputable casino but I know some are still not confident of doing it. They will choose to abandon their account and the money inside it, only to retain their privacy.

[Fredomago]

Are you okay with an online casino asking you for a kyc here in the crypto space? That you will discover in the end that it is not under regulation. Would you also be willing to give your kyc? Because we all know that when you provide data information, it is obvious that they already have a data record about you.

But if a casino is regulated, that's fine with me because a gambling platform just follows the rules in that case. So as a gambler we should know our risk tolerance somehow, right?

Yeah, it's also a factor before submitting your private information, how secure you are with the casino and how would it be possible that they will take the responsibility, if that casino is complying with the regulation and would just like continue doing business the chance that they will secure your information is better compared to the site where they are not liable to any regulation.

I agree with what you are saying, it is a must understand the risk tolerance before taking any actions.

[danadc]

Are you okay with an online casino asking you for a kyc here in the crypto space? That you will discover in the end that it is not under regulation. Would you also be willing to give your kyc? Because we all know that when you provide data information, it is obvious that they already have a data record about you.

But if a casino is regulated, that's fine with me because a gambling platform just follows the rules in that case. So as a gambler we should know our risk tolerance somehow, right?

Yeah, it's also a factor before submitting your private information, how secure you are with the casino and how would it be possible that they will take the responsibility, if that casino is complying with the regulation and would just like continue doing business the chance that they will secure your information is better compared to the site where they are not liable to any regulation.

I agree with what you are saying, it is a must understand the risk tolerance before taking any actions.

When we understand that the risk of Leaving our data on a platform that can be leaked for one reason or another , is when we should be careful about which gaming platform we have to trust , in casinos we always take into consideration that when we have significant participation we can have a choice to be a VIP or something like that , I think that's how you can have more options so that you can be more secure, VIP users can have many benefits, but with respect to KYC , I think you should take care not to leave it lightly in any side , but each head is different and they do what best suits them.

[Wiwo]

Are you okay with an online casino asking you for a kyc here in the crypto space? That you will discover in the end that it is not under regulation. Would you also be willing to give your kyc? Because we all know that when you provide data information, it is obvious that they already have a data record about you.

But if a casino is regulated, that's fine with me because a gambling platform just follows the rules in that case. So as a gambler we should know our risk tolerance somehow, right?

Yeah, it's also a factor before submitting your private information, how secure you are with the casino and how would it be possible that they will take the responsibility, if that casino is complying with the regulation and would just like continue doing business the chance that they will secure your information is better compared to the site where they are not liable to any regulation.

I agree with what you are saying, it is a must understand the risk tolerance before taking any actions.

Just like I said earlier, most of Bitcoin and cryptocurrency users are privacy concus and at that we constantly avoid KYC platforms and even though we sometime didn't have choice but to get through with verification we only choose secured sites and we can trust them without data.

But also we sometime fall victims to identity theft without our knowledge but also for a crime committed with stolen documents there is a limit to what the scammer can do with those KYC documents as at some times the documents wouldn't meet the requirements for those verifications as there will be more demands

[o48o]

But with KYC, there are still people laundering money.

But with KYC, there are still online criminals.
But generally speaking, KYC should be avoided if possible. KYC is dangerous for bitcoin and crypto users.

That's like saying with laws and police there are still crimes. Or with doctors there are still diseases. You can't remove money laundering completely, FATFs goal is to make it more difficult.

By all means you should avoid kyc if you can, but if you are dealing with fiat money or stablecoins, at some point it's most likely going to be mandatory. And by the look of things, it's going to be eventually mandatory for bitcoin as well as it's now taken more seriously by officials.