Anonymity is no longer a benefit of gambling with cryptocurrency.

[Hirose UK]

~snip~

Doing research is a must for gamblers to find the casino they want so that they can get comfort and security in gambling and won't have any problems. By reading the reviews given by many gamblers or members on this forum, we can find out which casinos they have used so that we can have a list of casinos that we will research. From the results of this research, maybe we can get 2 or more casinos that we can try for gambling and see the results so that we can have a list of our favourite casinos. It is true that KYC now tends to be implemented by many casinos, but only trusted casinos will be able to maintain the confidentiality of all their members properly. They will satisfy their customers and will immediately complete the verification process without taking a long time unless they need to carry out further checks.

In the future, KYC will become an obligation for gamblers, whether they are small gamblers or big gamblers. So we can only be prepared for all possibilities and still look for casinos that are flexible in implementing KYC towards their customers. We also have to be careful in carrying out verification and only do it at trusted exchanges or casinos that can protect the identity of their customers well.

Even so, I still can't really understand the thoughts of those gamblers who really object and don't want KYC, I know that anonymity is also quite important to maintain the security of every gambler but on the other hand KYC is no less important for every casino that asks for it as long as indeed from the start it has been listed for KYC if necessary.
Gamblers say that their identity is very valuable and privacy is every individual right, but it is true that trusted casinos with very good reputation are definitely able to protect all their customer data.
When we gamble for fun and to be good gamblers, we should not refuse KYC and KYC is also one of the requirements in several licenses used by the casino itself.

Yes, as time goes by KYC will become something that every gambler must fulfill so that we will not be able to refuse it.
KYC is one part of making it easier for every casino when something bad happens or resolves problems that occur to their customers and here KYC will also be mutually beneficial for both parties, the customer and the casino.

[Rabata]

I don’t know why a crypto gambling site will require KYC, but I’m guessing that it’s to check if the user is up to the proper age (I don’t have a stance on it, just thinking out loud). I have gambled on crypto gambling platforms but I have never submitted my KYC for such, at lease none that I remember. My heart skips a beat when any platform asks me for KYC because I tend to wonder what they want to do with so much information about me.

The main reason crypto gambling has gained popularity for its anonymity. But with the change of time, the government of every country has become active and made KYC mandatory since those who started using this platform to do financial irregularities. Now we all know about the advantages and disadvantages of KYC. But I think that if the feature that makes people interested to gamble on this crypto but if the main feature disappears then it has the potential to lose people's confidence. I think KYC should not be forced. If the gambler does not have any suspicious behavior or high volume of transactions, it is best to keep it anonymous.

[rodskee]

I was reading and I saw something that I would have agreed with before, but not anymore because of how much things have changed in the crypto gambling.

Faster and more secure transactions: Crypto transactions are processed much faster than traditional bank transfers, and they are also more secure.
   
Anonymity: Crypto casinos allow players to remain anonymous, which is appealing to some players.
   
Wider variety of games: Crypto casinos offer a wider variety of games than traditional online casinos.
   
More generous bonuses: Crypto casinos often offer more generous bonuses than traditional online casinos.

https://indiacsr.in/what-is-a-crypto-casino-meaning-advantages-and-potential-risks-explained/

Because of KYC verification which is now done by most crypto casino to know the people who gamble on their casino, I think anonymity is no longer a benefit of gambling with cryptocurrency in crypto casino.

Am i wrong to think that this information on the internet needs to be updated.

There is no need to upgrade the Internet records because we must admit that there are still
many crypto casino that seeks no KYC meaning you will still have your own safeties and privacy, while majority are
asking for KYC plenty of casino that is popularized being Decentralized is still in active.so I think let it be mate
and talk about that when crypto casino becomes completely KYCed and will not operate or accept players with
no details given from account creations.

[Strongkored]

Am i wrong to think that this information on the internet needs to be updated.

You are right and all the centralized platforms have eliminated the advantage of using crypto to be anonymous, because not only gambling sites but exchanges have already done it before the casinos started it, and players have no choice but to accept this and if they really object they can look for another casino which does not require KYC but usually the types of games will be very limited, such as one of the well-known casinos on this forum and now it has started implementing KYC.
There is a lot of information on the internet that has not been updated but because we have experienced this, it is no longer important, but not for those who don't understand it because they don't get the real information that most casinos currently require KYC and that is because of the license that the casino uses.

[irhact]

The main reason crypto gambling has gained popularity for its anonymity. But with the change of time, the government of every country has become active and made KYC mandatory since those who started using this platform to do financial irregularities. Now we all know about the advantages and disadvantages of KYC. But I think that if the feature that makes people interested to gamble on this crypto but if the main feature disappears then it has the potential to lose people's confidence. I think KYC should not be forced. If the gambler does not have any suspicious behavior or high volume of transactions, it is best to keep it anonymous.

If the casino uses only high volume in transaction to determine if they'll request for KYC, alot of illegal individuals will get away with crimes because they can split their transaction into smaller amounts that will not make the casino suspicious and run as many transaction as they want and get away with their crimes. KYC helps casino to keep eyes on their customers so they can identify them easier when the authorities need to for their investigation. And since the individuals knows the casino has their identity, they'll be careful not to use the casino for illegal activities.

KYC has its advantage and disadvantage but it's not benefiting any individuals that's using cryptocurency to gamble because our purpose for using cryptocurrency is because of its animosity but when KYC is been implemented it takes away that. We have some casino and sportsbooks that don't demand high KYC but just regular ones and we can be using them to help prevent our information from getting into the wrong hands.

[Negotiation]

I don’t know why a crypto gambling site will require KYC, but I’m guessing that it’s to check if the user is up to the proper age (I don’t have a stance on it, just thinking out loud). I have gambled on crypto gambling platforms but I have never submitted my KYC for such, at lease none that I remember. My heart skips a beat when any platform asks me for KYC because I tend to wonder what they want to do with so much information about me.

The main reason crypto gambling has gained popularity for its anonymity. But with the change of time, the government of every country has become active and made KYC mandatory since those who started using this platform to do financial irregularities. Now we all know about the advantages and disadvantages of KYC. But I think that if the feature that makes people interested to gamble on this crypto but if the main feature disappears then it has the potential to lose people's confidence. I think KYC should not be forced. If the gambler does not have any suspicious behavior or high volume of transactions, it is best to keep it anonymous.

I agree with you if kyc is mandatory many casinos will lose their existence. Most of the gamblers prefer to keep their information secret for gambling online. Also gamblers don't like kyc because there are more chances of scamming through kyc. KYC is avoided for crypto exchanges and casinos because of privacy and data breach concerns since KYC exchanges collect and store sensitive personal information.

[Blitzboy]

The main reason crypto gambling has gained popularity for its anonymity. But with the change of time, the government of every country has become active and made KYC mandatory since those who started using this platform to do financial irregularities. Now we all know about the advantages and disadvantages of KYC. But I think that if the feature that makes people interested to gamble on this crypto but if the main feature disappears then it has the potential to lose people's confidence. I think KYC should not be forced. If the gambler does not have any suspicious behavior or high volume of transactions, it is best to keep it anonymous.

If the casino uses only high volume in transaction to determine if they'll request for KYC, alot of illegal individuals will get away with crimes because they can split their transaction into smaller amounts that will not make the casino suspicious and run as many transaction as they want and get away with their crimes. KYC helps casino to keep eyes on their customers so they can identify them easier when the authorities need to for their investigation. And since the individuals knows the casino has their identity, they'll be careful not to use the casino for illegal activities.

KYC has its advantage and disadvantage but it's not benefiting any individuals that's using cryptocurency to gamble because our purpose for using cryptocurrency is because of its animosity but when KYC is been implemented it takes away that. We have some casino and sportsbooks that don't demand high KYC but just regular ones and we can be using them to help prevent our information from getting into the wrong hands.

We're here for the thrill and the privacy, but KYC stops us in our tracks. In other words, "Come for the fun, stay for the paperwork." But lets not get rid of the good thing along with the bad. KYC has its place, like a bouncer at the club door who keeps bad people out. Still, does it need to be so direct? Why not make KYC like a good game referee: there, but not in the way of the play? Casinos could use KYC that is less intrusive and focuses on behavior instead of name. Find the bad guys without making everyone else feel like they have to stand in line. Do you agree that we should keep the game fair and fun? Lets praise the companies that get this right. And finally, rolling dice should be about rolling the dice, not telling your life story.

[tsaroz]

I was reading and I saw something that I would have agreed with before, but not anymore because of how much things have changed in the crypto gambling.

Faster and more secure transactions: Crypto transactions are processed much faster than traditional bank transfers, and they are also more secure.
   
Anonymity: Crypto casinos allow players to remain anonymous, which is appealing to some players.
   
Wider variety of games: Crypto casinos offer a wider variety of games than traditional online casinos.
   
More generous bonuses: Crypto casinos often offer more generous bonuses than traditional online casinos.

https://indiacsr.in/what-is-a-crypto-casino-meaning-advantages-and-potential-risks-explained/

Because of KYC verification which is now done by most crypto casino to know the people who gamble on their casino, I think anonymity is no longer a benefit of gambling with cryptocurrency in crypto casino.

Am i wrong to think that this information on the internet needs to be updated.

There are still a few of legit gambling sites that don't require KYC and they're getting rarer. Mostly as they require to follow the laws of land they are based on.
A few more that enforce KYC only when flagged by the authorities but just that clause on their terms could be misussed anytime. So, ones seeking pure anonymity would avoid them.
The people who are really concerned about their privacy gambling would rather not gamble than provide their KYC. No any chance of playing nude baccarat online anonymously.
At present there are dapps gambling that has no control over who bet and the results are enforced by the smart contracts. They are growing but are less popular and their future still uncertain.

[ethereumhunter]

Even so, I still can't really understand the thoughts of those gamblers who really object and don't want KYC, I know that anonymity is also quite important to maintain the security of every gambler but on the other hand KYC is no less important for every casino that asks for it as long as indeed from the start it has been listed for KYC if necessary.
Gamblers say that their identity is very valuable and privacy is every individual right, but it is true that trusted casinos with very good reputation are definitely able to protect all their customer data.
When we gamble for fun and to be good gamblers, we should not refuse KYC and KYC is also one of the requirements in several licenses used by the casino itself.

Yes, as time goes by KYC will become something that every gambler must fulfill so that we will not be able to refuse it.
KYC is one part of making it easier for every casino when something bad happens or resolves problems that occur to their customers and here KYC will also be mutually beneficial for both parties, the customer and the casino.

Yes, we will not understand the thoughts of these gamblers because they have their own reasons. Where if someone objects to doing KYC it is because they feel that they are just having fun at gambling so there is no need to do KYC. But some other gamblers may feel that it is their privacy that they have to protect so they don't need to do KYC. But casinos also have the right to ask their customers to do KYC because casinos don't want to run into problems with regulators who oversee their casino business. However, casinos have started to ask gamblers to carry out KYC, although there are still casinos that are flexible in implementing it. But in the future, when regulators will increasingly tighten their supervision of casinos, we must comply if we still want to gamble at these casinos.

It's like we do KYC on the exchange and we have to follow it. And if the casino is a trusted casino, gamblers don't need to worry about the security of the data that has been handed over to the casino. They can do KYC with peace of mind and hand it over to the casino and the casino will definitely take good care of it. And in the future, anonymity will no longer exist when it comes to customers.

[LUCKMCFLY]

The main reason crypto gambling has gained popularity for its anonymity. But with the change of time, the government of every country has become active and made KYC mandatory since those who started using this platform to do financial irregularities. Now we all know about the advantages and disadvantages of KYC. But I think that if the feature that makes people interested to gamble on this crypto but if the main feature disappears then it has the potential to lose people's confidence. I think KYC should not be forced. If the gambler does not have any suspicious behavior or high volume of transactions, it is best to keep it anonymous.

If the casino uses only high volume in transaction to determine if they'll request for KYC, alot of illegal individuals will get away with crimes because they can split their transaction into smaller amounts that will not make the casino suspicious and run as many transaction as they want and get away with their crimes. KYC helps casino to keep eyes on their customers so they can identify them easier when the authorities need to for their investigation. And since the individuals knows the casino has their identity, they'll be careful not to use the casino for illegal activities.

KYC has its advantage and disadvantage but it's not benefiting any individuals that's using cryptocurency to gamble because our purpose for using cryptocurrency is because of its animosity but when KYC is been implemented it takes away that. We have some casino and sportsbooks that don't demand high KYC but just regular ones and we can be using them to help prevent our information from getting into the wrong hands.

We're here for the thrill and the privacy, but KYC stops us in our tracks. In other words, "Come for the fun, stay for the paperwork." But lets not get rid of the good thing along with the bad. KYC has its place, like a bouncer at the club door who keeps bad people out. Still, does it need to be so direct? Why not make KYC like a good game referee: there, but not in the way of the play? Casinos could use KYC that is less intrusive and focuses on behavior instead of name. Find the bad guys without making everyone else feel like they have to stand in line. Do you agree that we should keep the game fair and fun? Lets praise the companies that get this right. And finally, rolling dice should be about rolling the dice, not telling your life story.

We as gamers and possibly as people who are very active with the Bitcoin market, know that when it comes to doing KYC, we are not friends, nor do we agree with the good actions that could represent complying with a "KYC", in my case Only I have recommended to people that when they are in a situation they almost do not comply with this requirement in those sites that feel safe in doing so, in my case there are few, stake.com, bitcasino.io, among others that are not many, but because? because I have seen that they are quite nice casinos and that they give enough confidence to deposit all this, so in view of these things, I do not agree that new casinos require KYC from the outset, because that is something that does not suit me I respect the decision of others but that is not the case for me, and it is not that I am against companies that come and want to make their business known, no, but it is my way of seeing things, I have seen many cases that They become a drama because of the KYC, especially for those who are very demanding when it comes to doing things like, for example, being in a casino where they win, and then you can't make a withdrawal because they have to comply with the KYC.

Many cases that have been presented like this make players upset. In your casino there must be many people who are waiting to review the KYC so that it does not take too long, why don't they ask for the KYC at the time of depositing? Ah, because if they don't verify them quickly then they don't make a deposit, that's what should be done, now with this new trend of KYC things should be done like this, in a transparent way, but what casino will do it? not allow a deposit until you have verified a KYC? So far no one has done it, nor do they plan to do it with the help of the dragon spheres now, but I know that in the future the players will no longer care, they will only look for a casino that offers them security, anonymity and privacy.

[Wakate]

I was reading and I saw something that I would have agreed with before, but not anymore because of how much things have changed in the crypto gambling.

Faster and more secure transactions: Crypto transactions are processed much faster than traditional bank transfers, and they are also more secure.
   
Anonymity: Crypto casinos allow players to remain anonymous, which is appealing to some players.
   
Wider variety of games: Crypto casinos offer a wider variety of games than traditional online casinos.
   
More generous bonuses: Crypto casinos often offer more generous bonuses than traditional online casinos.

https://indiacsr.in/what-is-a-crypto-casino-meaning-advantages-and-potential-risks-explained/

Because of KYC verification which is now done by most crypto casino to know the people who gamble on their casino, I think anonymity is no longer a benefit of gambling with cryptocurrency in crypto casino.

Am i wrong to think that this information on the internet needs to be updated.

Many casinos have used KYC verification as a medium to deprived gamblers from getting what they deserve. It happens too on exchanges especially for the centralized exchanges limiting some functions and benefits to those that have done KYC verification. This is what many casinos too are using to force gamblers to complete their verification so that they can have access to who they are and if the opportunity comes it track them, it will be very easy without stress. We should be aware of the risk it could pose on us if we keep doing KYC verifications on different casinos and exchanges.

[Weawant]

The main reason crypto gambling has gained popularity for its anonymity. But with the change of time, the government of every country has become active and made KYC mandatory since those who started using this platform to do financial irregularities. Now we all know about the advantages and disadvantages of KYC. But I think that if the feature that makes people interested to gamble on this crypto but if the main feature disappears then it has the potential to lose people's confidence. I think KYC should not be forced. If the gambler does not have any suspicious behavior or high volume of transactions, it is best to keep it anonymous.

Well Said, there will be no need for KYC or keeping tabs on the gambler when their account is not characterized with certain level of irregularities, there will be no need of trying to get the identity of the gambler as the gambler may not be comfortable with such and may choose to leave the platform for another,

But if an account have been characterized with volumes which were not won and irregularities they the casino could request to know this customer and make it mandatory for such customer to get their KYC done. That way customers will feel safer and better gambling with such sites because if they are scared of their information been out there they could possibly leave for the sake of privacy.

[Westinhome]

Well Said, there will be no need for KYC or keeping tabs on the gambler when their account is not characterized with certain level of irregularities, there will be no need of trying to get the identity of the gambler as the gambler may not be comfortable with such and may choose to leave the platform for another,

But if an account have been characterized with volumes which were not won and irregularities they the casino could request to know this customer and make it mandatory for such customer to get their KYC done. That way customers will feel safer and better gambling with such sites because if they are scared of their information been out there they could possibly leave for the sake of privacy.

Their was the limitation of levels in the gambling site,most of the gambling site will ask you to complete upto level 2 to withdrew the funds from the gambling site.The level 1 will be your name and number verification along with the mail.The level 2 will be verify your address proof with the selfie of the kyc.So the gambler who using the gambling site use the limited money to deposit and withdrew funds from the gambling site.This was considered to be the preventive measure to avoid of the money laundering people into their gambling site.But if the gambling site will be the real and crypto based means,your identity will be taken by the gambling site.But you are prevented by the gambling site to ay the taxes for the withdrew of the big money form the gambling site by withdrew in terms of the cryptocurrency.

[GxSTxV]

It’s the case unfortunately, But at the same time KYC process is the only way for casinos to keep their business and agree to license rules, requiring a KYC process I believe is important for casinos to recognize that person is not blacklisted or even a terrorist doing money laundering, there is no other way to know if the person behind the screen is not a child under 18 years stealing his dad’s wallet to gamble.
Although, right now I’m using a casino for over a year and I have many transactions of deposits and withdrawals but never been asked to pass the process of verifying my personal information. Also, I won’t have an issue or disagree when they ask about them since I know myself and never caused issues before.

Anonymity has multiple meanings, in casinos you identity isn’t an issue but you age and if you’re not in the black list.

[Silberman]

The main reason crypto gambling has gained popularity for its anonymity. But with the change of time, the government of every country has become active and made KYC mandatory since those who started using this platform to do financial irregularities. Now we all know about the advantages and disadvantages of KYC. But I think that if the feature that makes people interested to gamble on this crypto but if the main feature disappears then it has the potential to lose people's confidence. I think KYC should not be forced. If the gambler does not have any suspicious behavior or high volume of transactions, it is best to keep it anonymous.

Well Said, there will be no need for KYC or keeping tabs on the gambler when their account is not characterized with certain level of irregularities, there will be no need of trying to get the identity of the gambler as the gambler may not be comfortable with such and may choose to leave the platform for another,

But if an account have been characterized with volumes which were not won and irregularities they the casino could request to know this customer and make it mandatory for such customer to get their KYC done. That way customers will feel safer and better gambling with such sites because if they are scared of their information been out there they could possibly leave for the sake of privacy.

As much as we may not like it, the days in which people could gamble anonymously on this market are slowly coming to an end, regulators are putting more and more attention to this market and they want to know the identity of the person behind each transaction that is made, and while this may not be realistic I think that at some point they will come close to achieve their goal, so casinos are simply doing what they are told, as if they refused they will lose their license and then the owner of the casino could get in huge trouble by running a casino without a license.

[Nerdy doctor]

Anonymity is still an advantage offered by cryptocurrencies on crypto gambling platforms. It's just that on many crypto casino platforms they impose KYC on their users to be able to complete regulatory requirements in several countries, so inevitably gambling platforms have to comply with this so they can operate. However, there are still crypto gambling platforms that do not impose KYC on their users, because they are not bound by regulators and have no obligation to require KYC to their users, so users remain anonymous when using crypto.

I agree that anonymity is still offered by cryptocurrencies when using them on gambling platforms that accept crypto. It’s now up to you to decide if you want to reveal who you are by doing KYC with them. The choice is still ours to make if we want to do KYC whether it’s mandated or not by the casino. Cryptocurrencies has done its part and helped you deposit and bet anonymously. We’re the ones who went ahead to willingly share our information with the casino. Cryptocurrency still helps keeps gamblers anonymous on sites platforms where KYC isn’t required.

[AmoreJaz]

Anonymity is still an advantage offered by cryptocurrencies on crypto gambling platforms. It's just that on many crypto casino platforms they impose KYC on their users to be able to complete regulatory requirements in several countries, so inevitably gambling platforms have to comply with this so they can operate. However, there are still crypto gambling platforms that do not impose KYC on their users, because they are not bound by regulators and have no obligation to require KYC to their users, so users remain anonymous when using crypto.

I agree that anonymity is still offered by cryptocurrencies when using them on gambling platforms that accept crypto. It’s now up to you to decide if you want to reveal who you are by doing KYC with them. The choice is still ours to make if we want to do KYC whether it’s mandated or not by the casino. Cryptocurrencies has done its part and helped you deposit and bet anonymously. We’re the ones who went ahead to willingly share our information with the casino. Cryptocurrency still helps keeps gamblers anonymous on sites platforms where KYC isn’t required.

with the evolving requirements these days, most reputable casinos or bookies are now requiring kyc from their players. but i do agree, it is still up to the player if he will submit his credentials or not, however, be ready for possible consequences if the site is licensed and is asking your kyc details before withdrawal. otherwise, look for casinos which are not strict but be ready for worst case scenarios like freezing of your funds and the likes.

[jcojci]

Anonymity is still an advantage offered by cryptocurrencies on crypto gambling platforms. It's just that on many crypto casino platforms they impose KYC on their users to be able to complete regulatory requirements in several countries, so inevitably gambling platforms have to comply with this so they can operate. However, there are still crypto gambling platforms that do not impose KYC on their users, because they are not bound by regulators and have no obligation to require KYC to their users, so users remain anonymous when using crypto.

I agree that anonymity is still offered by cryptocurrencies when using them on gambling platforms that accept crypto. It’s now up to you to decide if you want to reveal who you are by doing KYC with them. The choice is still ours to make if we want to do KYC whether it’s mandated or not by the casino. Cryptocurrencies has done its part and helped you deposit and bet anonymously. We’re the ones who went ahead to willingly share our information with the casino. Cryptocurrency still helps keeps gamblers anonymous on sites platforms where KYC isn’t required.

Actually, gamblers can still gamble on crypto casino platforms without doing KYC. As long as they can use small amounts of money to bet or to withdraw winnings that are not too large, they will not be asked to do KYC. But the problem is that gamblers always try to win and bet big money where they also deposit a lot of money to gamble. That's where casinos ask them to do KYC and most gamblers are reluctant to do it. But now the situation has changed drastically where gamblers have to do KYC because casinos want to make sure everything runs smoothly and is fine. Gamblers should make sure they do KYC at a trusted casino so that there will be no problems in the future.

[arimamib]

with the evolving requirements these days, most reputable casinos or bookies are now requiring kyc from their players. but i do agree, it is still up to the player if he will submit his credentials or not, however, be ready for possible consequences if the site is licensed and is asking your kyc details before withdrawal. otherwise, look for casinos which are not strict but be ready for worst case scenarios like freezing of your funds and the likes.

As online gambling regulations continue to evolve, KYC procedures have become increasingly stringent for reputable casinos and bookies. These measures are designed to prevent money laundering, fraud, and underage gambling, and they are essential for ensuring the safety and integrity of the online gambling industry.

While players may have the choice to not provide their KYC details, they should be aware of the potential consequences. Licensed casinos and bookies may restrict withdrawals, limit account access, or even close accounts altogether for players who fail to comply with KYC requirements. Opting for unlicensed or non-strict casinos may expose players to a greater risks. These casinos may not have the same safeguards in place to protect player funds and information.

[Mr. Magkaisa]

            -   Until now, there have been some casinos that have implemented no KYC where you can also withdraw without doing it.
and there are other casino's I knew doing this, in fact even up to now I am still playing it there every time I want to gamble.

But in this era, most of the casinos have already implemented KYC for their gamblers. And most gamblers don't care about it, as long as the important thing is that if they win big, even if it's my kyc, that's fine with them. That's what the majority of gamblers do now.