Casino vs. Stoc,Forex&Crypto Broker: Who's Really Playing You in the Money Game

[delfastTions]

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I share your opinion!  
Of course, now all possibilities for direct anonymous payments between people using Bitcoin and other cryptocurrencies are gradually being lost.  We increasingly feel an attack on the economic freedom of citizens from the banking community and the governments of different countries practically controlled by it.  This a archaic financial system with the mandatory participation of an intermediary such as a bank in non-cash payments cannot begin to disappear and, naturally, suits both those who greatly enrich themselves from this and governments that always keep their people in an almost slave state.  due to exploitation.  Unfortunately, this system is very strong and stable.  And there is still no real sign that Bitcoin and this blockchain technology have begun to beat the traditional banking system.  On the contrary, the banking community has seized the initiative by introducing the use of CBDC everywhere.  
Probably, if humanity remembers and strives for a free world, then this will probably happen after 5 generations of people, or even more.  
In this matter, I, unfortunately, have a pessimistic view of reality.

I think something , I live in a country where many consider it as if it were very full of communists and where there is a Dictatorship , but coincidentally they only control the mining, they do not control what Concerns others, things like bitcoin transactions or Something like that , nor that They make a mandatory registration of those who use crypto , I am not one of those who will register for such a thing , now we are generating this type of comments where Obviously the most Sponsors in the world and governments are the most Developed Countries , it's not others, it's them, the USA wants to destroy Bitcoin, I don't remember who it was that said that a senator wanted to put an end to bitcoin, and control it, but it's funny , how can I control it ? lol , it's something that Only governments can Believe , they believe they are omnipotent, so when we get down to it we could generate more things to do, and Compared to other governments, at least the one I'm in, they don't control as much as in Europe or they want do it in the USA, the truth is I don't know who they are who violate our rights, ?

The freedoms that we all demand must be respected and among those should be completely what is referred to as alternative economies , bitcoin and all crypto , also the things that can be controlled can obviously be what they have in their database systems , privacy and anonymity is something that no one should interfere with, neither governments nor third parties, so all this becomes a war that is declared and that is always evident everywhere, from casinos with KYC , to brokers , From the outset they are polite and ask you for a KYC before making any Deposit , not like the casinos that say deposit and ask for the KYC at the time of Withdrawing , and that is if the Person manages to have a good execution and win, that is what we We must see, it is something that is like in the Code of each Government , seeing how they take Away people's Freedoms.

By the way, in some cases, when you are asked to provide Personal Data and undergo identity verification under the KYC procedure, you can ask support a question about how legal this is in the jurisdiction in which the corresponding casino is registered.  And it is worth mentioning that the provision of such data is an action subject to legislation on the confidential nature of Personal Data.  And the casino is not a state-authorized body for collecting such information.  And by the way, it turns out that there are no such laws in the local jurisdiction.  And the collection of personal data is an initiative of the private business of this casino.  And you can also write to support that KYC violates the law on Personal Data, legislation on consumer protection and your right to privacy as a fundamental human right.  If after this you are required to perform KYC, then you must demand from support a response that is reasoned by legal norms.  But they won't be able to write it.  This is probably how you should defend your rights in the matter of player anonymity.  True, all this correspondence takes a lot of time.

[LUCKMCFLY]

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I share your opinion!  
Of course, now all possibilities for direct anonymous payments between people using Bitcoin and other cryptocurrencies are gradually being lost.  We increasingly feel an attack on the economic freedom of citizens from the banking community and the governments of different countries practically controlled by it.  This a archaic financial system with the mandatory participation of an intermediary such as a bank in non-cash payments cannot begin to disappear and, naturally, suits both those who greatly enrich themselves from this and governments that always keep their people in an almost slave state.  due to exploitation.  Unfortunately, this system is very strong and stable.  And there is still no real sign that Bitcoin and this blockchain technology have begun to beat the traditional banking system.  On the contrary, the banking community has seized the initiative by introducing the use of CBDC everywhere.  
Probably, if humanity remembers and strives for a free world, then this will probably happen after 5 generations of people, or even more.  
In this matter, I, unfortunately, have a pessimistic view of reality.

I think something , I live in a country where many consider it as if it were very full of communists and where there is a Dictatorship , but coincidentally they only control the mining, they do not control what Concerns others, things like bitcoin transactions or Something like that , nor that They make a mandatory registration of those who use crypto , I am not one of those who will register for such a thing , now we are generating this type of comments where Obviously the most Sponsors in the world and governments are the most Developed Countries , it's not others, it's them, the USA wants to destroy Bitcoin, I don't remember who it was that said that a senator wanted to put an end to bitcoin, and control it, but it's funny , how can I control it ? lol , it's something that Only governments can Believe , they believe they are omnipotent, so when we get down to it we could generate more things to do, and Compared to other governments, at least the one I'm in, they don't control as much as in Europe or they want do it in the USA, the truth is I don't know who they are who violate our rights, ?

The freedoms that we all demand must be respected and among those should be completely what is referred to as alternative economies , bitcoin and all crypto , also the things that can be controlled can obviously be what they have in their database systems , privacy and anonymity is something that no one should interfere with, neither governments nor third parties, so all this becomes a war that is declared and that is always evident everywhere, from casinos with KYC , to brokers , From the outset they are polite and ask you for a KYC before making any Deposit , not like the casinos that say deposit and ask for the KYC at the time of Withdrawing , and that is if the Person manages to have a good execution and win, that is what we We must see, it is something that is like in the Code of each Government , seeing how they take Away people's Freedoms.

By the way, in some cases, when you are asked to provide Personal Data and undergo identity verification under the KYC procedure, you can ask support a question about how legal this is in the jurisdiction in which the corresponding casino is registered.  And it is worth mentioning that the provision of such data is an action subject to legislation on the confidential nature of Personal Data.  And the casino is not a state-authorized body for collecting such information.  And by the way, it turns out that there are no such laws in the local jurisdiction.  And the collection of personal data is an initiative of the private business of this casino.  And you can also write to support that KYC violates the law on Personal Data, legislation on consumer protection and your right to privacy as a fundamental human right.  If after this you are required to perform KYC, then you must demand from support a response that is reasoned by legal norms.  But they won't be able to write it.  This is probably how you should defend your rights in the matter of player anonymity.  True, all this correspondence takes a lot of time.

Well the truth is that everything is very interesting, when I Sstart to think about all the Implications that they have to do and see with the KYC, they should not put much effort into this , since they are regulations, but for example a person that handles funds under $2k should not require KYC, and these are Documents that we could handle with great intensity if we intensify our security measures, what you say is very interesting because as long as we are in a casino we don't know Anything new comes to mind all these possible things that we can do so that we can have the privilege of doing things Better and more when we know that things are quite Emphatic in the sense that things can be affected for our anonymity and privacy , our privacy It is always good to Maintain it , I Know that some say that privacy is no longer Necessary , that Sooner or later the deaths will be made Known no matter what, but I believe that things Should always be enjoyed as they are.

In this order of ideas, things can be Affected if we go to the Level that if we are not Interested , then in some way our data will be filtered, and although Things can Sometimes be Seen without any danger, it is not very advisable that things be seen Thus, for me it is necessary that things be done to protect our security, our data security is Necessary , not only in our funds but in everything that can be good to have a better understanding of what we are Getting into.

The KYC will always be Necessary so that we can Choose whether to do it or not , and as I said before it is better to comply with it in casinos that are one you know are Reliable , highly Reliable , have a very good reputation and that are always at the forefront of doing things. sbetter, always seeking continuous Improvement.

[Woodie]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk.

I believe you got this broker thing all wrong!!

From my experience from using different brokers, if you looking for tight spreads when it comes to executing trades..most likely you will encounter commissions which will be higher as a service for executing a trade or using their  platform, and btw depends on what assets you trade, but it doesn't cost an arm and a leg and if you don't want to miss trades, or not tagged into a trade better pay these small fees!!!

As for gambling, it's usually based on what you see is what you get but unfortunately the risk here is high but at the end of the day pick something that works for you!!!

[EarnOnVictor]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

Everything has to do with the business model, you can't compare the business model of casinos with brokerages. Also, nothing is out of risk or expenses outrightly, they have enough to risk and spend money upon as a company. Without going too deep into that, I would like you to know that there are many types of brokerage arrangements, we have market makers, STP, DMA, ECN, prime and many more. All of these arrangements except one are passing the risk of the traders into the raw market pool which makes them out of the trading risk as their customers lose to the market and gain from the market and the brokers are earning through the spread, commission and swaps majorly.

But the market maker type of brokerage is not like that, the broker will be the one paying when the trader gains and gain when the trader loses. Some brokerage arrangements will mix the two together depending on the kind of trader they are dealing with. They would have studied his trading performances over time to know the arrangement that would be best fit for him to the advantage of the company. So, nothing is without risk here and it is the reason why it is difficult for some brokers to pay their big traders at times because they are too small for the arrangement they opted for or it can cause them not to be able to pay many small clients if they have to pay a huge amount at a time. This is why every informed trader will always beware of the internal dealing kind of brokers. If there are too many professional and successful traders in their company, it can ruin them easily if they do not eject them.

[delfastTions]

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By the way, in some cases, when you are asked to provide Personal Data and undergo identity verification under the KYC procedure, you can ask support a question about how legal this is in the jurisdiction in which the corresponding casino is registered.  And it is worth mentioning that the provision of such data is an action subject to legislation on the confidential nature of Personal Data.  And the casino is not a state-authorized body for collecting such information.  And by the way, it turns out that there are no such laws in the local jurisdiction.  And the collection of personal data is an initiative of the private business of this casino.  And you can also write to support that KYC violates the law on Personal Data, legislation on consumer protection and your right to privacy as a fundamental human right.  If after this you are required to perform KYC, then you must demand from support a response that is reasoned by legal norms.  But they won't be able to write it.  This is probably how you should defend your rights in the matter of player anonymity.  True, all this correspondence takes a lot of time.

Well the truth is that everything is very interesting, when I Sstart to think about all the Implications that they have to do and see with the KYC, they should not put much effort into this , since they are regulations, but for example a person that handles funds under $2k should not require KYC, and these are Documents that we could handle with great intensity if we intensify our security measures, what you say is very interesting because as long as we are in a casino we don't know Anything new comes to mind all these possible things that we can do so that we can have the privilege of doing things Better and more when we know that things are quite Emphatic in the sense that things can be affected for our anonymity and privacy , our privacy It is always good to Maintain it , I Know that some say that privacy is no longer Necessary , that Sooner or later the deaths will be made Known no matter what, but I believe that things Should always be enjoyed as they are.

In this order of ideas, things can be Affected if we go to the Level that if we are not Interested , then in some way our data will be filtered, and although Things can Sometimes be Seen without any danger, it is not very advisable that things be seen Thus, for me it is necessary that things be done to protect our security, our data security is Necessary , not only in our funds but in everything that can be good to have a better understanding of what we are Getting into.

The KYC will always be Necessary so that we can Choose whether to do it or not , and as I said before it is better to comply with it in casinos that are one you know are Reliable , highly Reliable , have a very good reputation and that are always at the forefront of doing things. sbetter, always seeking continuous Improvement.

Here the question naturally arises about what personal data the user of the service must provide as part of the KYC procedure in order, for example, to play calmly and safely in a casino.  
It’s one thing when for KYC it’s enough to provide only your email address and nothing else.  
Then there is another confirmation by  mobile phone (this is more accurate data for identifying the player due to the SIM card).  
The next step could be to confirm the gadget by its identification number.  
But this kind of KYC, where the casino requires photographs of the face and documents, this is already called confidential personal data.  
And the requirements for their collection, storage and use are established by law.  For example, in the European Union, this is a regulation called GDPR (General Data Protection Regulation).  
In many cases, when it comes to providing your own confidential personal data to some service, you should refer to the redundancy of the requested data and maybe even dissuade their support from insisting on sending photographs and scans of documents.  This is completely legal.  
Moreover, in case of suspicion of fraud, law enforcement agencies are able to find out who you are simply by having only an email.  And the rest of the data is collected for marketing and advertising.  And this can be disputed.

[LUCKMCFLY]

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......

By the way, in some cases, when you are asked to provide Personal Data and undergo identity verification under the KYC procedure, you can ask support a question about how legal this is in the jurisdiction in which the corresponding casino is registered.  And it is worth mentioning that the provision of such data is an action subject to legislation on the confidential nature of Personal Data.  And the casino is not a state-authorized body for collecting such information.  And by the way, it turns out that there are no such laws in the local jurisdiction.  And the collection of personal data is an initiative of the private business of this casino.  And you can also write to support that KYC violates the law on Personal Data, legislation on consumer protection and your right to privacy as a fundamental human right.  If after this you are required to perform KYC, then you must demand from support a response that is reasoned by legal norms.  But they won't be able to write it.  This is probably how you should defend your rights in the matter of player anonymity.  True, all this correspondence takes a lot of time.

Well the truth is that everything is very interesting, when I Sstart to think about all the Implications that they have to do and see with the KYC, they should not put much effort into this , since they are regulations, but for example a person that handles funds under $2k should not require KYC, and these are Documents that we could handle with great intensity if we intensify our security measures, what you say is very interesting because as long as we are in a casino we don't know Anything new comes to mind all these possible things that we can do so that we can have the privilege of doing things Better and more when we know that things are quite Emphatic in the sense that things can be affected for our anonymity and privacy , our privacy It is always good to Maintain it , I Know that some say that privacy is no longer Necessary , that Sooner or later the deaths will be made Known no matter what, but I believe that things Should always be enjoyed as they are.

In this order of ideas, things can be Affected if we go to the Level that if we are not Interested , then in some way our data will be filtered, and although Things can Sometimes be Seen without any danger, it is not very advisable that things be seen Thus, for me it is necessary that things be done to protect our security, our data security is Necessary , not only in our funds but in everything that can be good to have a better understanding of what we are Getting into.

The KYC will always be Necessary so that we can Choose whether to do it or not , and as I said before it is better to comply with it in casinos that are one you know are Reliable , highly Reliable , have a very good reputation and that are always at the forefront of doing things. sbetter, always seeking continuous Improvement.

Here the question naturally arises about what personal data the user of the service must provide as part of the KYC procedure in order, for example, to play calmly and safely in a casino.  
It’s one thing when for KYC it’s enough to provide only your email address and nothing else.  
Then there is another confirmation by  mobile phone (this is more accurate data for identifying the player due to the SIM card).  
The next step could be to confirm the gadget by its identification number.  
But this kind of KYC, where the casino requires photographs of the face and documents, this is already called confidential personal data.  
And the requirements for their collection, storage and use are established by law.  For example, in the European Union, this is a regulation called GDPR (General Data Protection Regulation).  
In many cases, when it comes to providing your own confidential personal data to some service, you should refer to the redundancy of the requested data and maybe even dissuade their support from insisting on sending photographs and scans of documents.  This is completely legal.  
Moreover, in case of suspicion of fraud, law enforcement agencies are able to find out who you are simply by having only an email.  And the rest of the data is collected for marketing and advertising.  And this can be disputed.

It's like this, things can really be very determining when we are in the process of registering an account, for example, and when I go to register with any broker they always ask me for KYC, and it is how you say it, with phone number, with some documents, ID or even passport, that is something obligatory that I always do, I don't do it in any broker, because there is a whole list of brokers that make people do fraudulent things or worse still, there are brokers that when we are doing trading, they know Exactly where the resistances are, the supports, when we are doing some trading and we use a system, sometimes this makes me hit the stop loss and follow the natural movement of the action, that has happened to me with some brokers and again it is quite detestable, even with my personal data there, that is the other danger, it also happens like this in the exchanges, in that way we have a lot of data, sometimes they even do small KYC of our face when it is a somewhat substantial withdrawal, and once like that, one The best ones like Biancence always have the premise of kneeling in front of the authority of any country to provide information about their clients, something that seems disrespectful to me.

So this exchange does do things that way and yet many are still there to think that their data is provided in its entirety with everything they have to do and do, in this order we should see things from the closest point of view. That this would always be a big risk for everything, in the casinos, what are we to believe, if the brokers do it and the exchanges do it, what then is left for the casinos? The casinos that always depend on where they are to make their license moves, that is something we must see to make you think about what everything related to our data implies.

[delfastTions]

~snip ~
......

By the way, in some cases, when you are asked to provide Personal Data and undergo identity verification under the KYC procedure, you can ask support a question about how legal this is in the jurisdiction in which the corresponding casino is registered.  And it is worth mentioning that the provision of such data is an action subject to legislation on the confidential nature of Personal Data.  And the casino is not a state-authorized body for collecting such information.  And by the way, it turns out that there are no such laws in the local jurisdiction.  And the collection of personal data is an initiative of the private business of this casino.  And you can also write to support that KYC violates the law on Personal Data, legislation on consumer protection and your right to privacy as a fundamental human right.  If after this you are required to perform KYC, then you must demand from support a response that is reasoned by legal norms.  But they won't be able to write it.  This is probably how you should defend your rights in the matter of player anonymity.  True, all this correspondence takes a lot of time.

Well the truth is that everything is very interesting, when I Sstart to think about all the Implications that they have to do and see with the KYC, they should not put much effort into this , since they are regulations, but for example a person that handles funds under $2k should not require KYC, and these are Documents that we could handle with great intensity if we intensify our security measures, what you say is very interesting because as long as we are in a casino we don't know Anything new comes to mind all these possible things that we can do so that we can have the privilege of doing things Better and more when we know that things are quite Emphatic in the sense that things can be affected for our anonymity and privacy , our privacy It is always good to Maintain it , I Know that some say that privacy is no longer Necessary , that Sooner or later the deaths will be made Known no matter what, but I believe that things Should always be enjoyed as they are.

In this order of ideas, things can be Affected if we go to the Level that if we are not Interested , then in some way our data will be filtered, and although Things can Sometimes be Seen without any danger, it is not very advisable that things be seen Thus, for me it is necessary that things be done to protect our security, our data security is Necessary , not only in our funds but in everything that can be good to have a better understanding of what we are Getting into.

The KYC will always be Necessary so that we can Choose whether to do it or not , and as I said before it is better to comply with it in casinos that are one you know are Reliable , highly Reliable , have a very good reputation and that are always at the forefront of doing things. sbetter, always seeking continuous Improvement.

Here the question naturally arises about what personal data the user of the service must provide as part of the KYC procedure in order, for example, to play calmly and safely in a casino.  
It’s one thing when for KYC it’s enough to provide only your email address and nothing else.  
Then there is another confirmation by  mobile phone (this is more accurate data for identifying the player due to the SIM card).  
The next step could be to confirm the gadget by its identification number.  
But this kind of KYC, where the casino requires photographs of the face and documents, this is already called confidential personal data.  
And the requirements for their collection, storage and use are established by law.  For example, in the European Union, this is a regulation called GDPR (General Data Protection Regulation).  
In many cases, when it comes to providing your own confidential personal data to some service, you should refer to the redundancy of the requested data and maybe even dissuade their support from insisting on sending photographs and scans of documents.  This is completely legal.  
Moreover, in case of suspicion of fraud, law enforcement agencies are able to find out who you are simply by having only an email.  And the rest of the data is collected for marketing and advertising.  And this can be disputed.

It's like this, things can really be very determining when we are in the process of registering an account, for example, and when I go to register with any broker they always ask me for KYC, and it is how you say it, with phone number, with some documents, ID or even passport, that is something obligatory that I always do, I don't do it in any broker, because there is a whole list of brokers that make people do fraudulent things or worse still, there are brokers that when we are doing trading, they know Exactly where the resistances are, the supports, when we are doing some trading and we use a system, sometimes this makes me hit the stop loss and follow the natural movement of the action, that has happened to me with some brokers and again it is quite detestable, even with my personal data there, that is the other danger, it also happens like this in the exchanges, in that way we have a lot of data, sometimes they even do small KYC of our face when it is a somewhat substantial withdrawal, and once like that, one The best ones like Biancence always have the premise of kneeling in front of the authority of any country to provide information about their clients, something that seems disrespectful to me.

So this exchange does do things that way and yet many are still there to think that their data is provided in its entirety with everything they have to do and do, in this order we should see things from the closest point of view. That this would always be a big risk for everything, in the casinos, what are we to believe, if the brokers do it and the exchanges do it, what then is left for the casinos? The casinos that always depend on where they are to make their license moves, that is something we must see to make you think about what everything related to our data implies.

To my deep regret, almost all cryptocurrency users have now begun to get used to the fact that if cryptocurrency payments are used in some service that provides the service the user needs, for example, a crypto casino, it requires passing an identity check using the KYC procedure.  This, in my opinion, is a completely wrong course of events in the crypto industry.  Simply because cryptocurrency was invented to ensure anonymity and guarantee the authenticity and reliability of payment information.  This is precisely the most important quality of the blockchain and Satoshi’s brilliant invention in general.  But gradually, the authorities of different countries instructed cryptocurrency lovers to need KYC, although payments in cryptocurrency do not require such identification at all.  This disgusting invention that you must provide your personal data significantly spoils the entire huge sector of anonymous payments in the financial world. 
And “money laundering” is “bullshit” that the security forces of different countries came up with in order to make their lives easier and catch only those who have money instead of catching those who actually have tons of cocaine or tons of weapons.  Law enforcement agencies simply easily catch such criminals, and this probably makes it easy for them to report on their effective work.
 In short, the anonymity of payments should be preserved, and cryptocurrency lovers should, as much as possible, ignore the use of services with mandatory KYC.
 And prefer services that do not require KYC.  In the long run, this would benefit all of humanity, I think.

[EarnOnVictor]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk.

I believe you got this broker thing all wrong!!

From my experience from using different brokers, if you looking for tight spreads when it comes to executing trades..most likely you will encounter commissions which will be higher as a service for executing a trade or using their  platform, and btw depends on what assets you trade, but it doesn't cost an arm and a leg and if you don't want to miss trades, or not tagged into a trade better pay these small fees!!!

As for gambling, it's usually based on what you see is what you get but unfortunately the risk here is high but at the end of the day pick something that works for you!!!

It is obvious that this guy knows so little or nothing about brokers and it seems you know quite better. I even wonder why he is comparing them together as they are not the same business models, they do not just relate. Only that if you trade, you can lose but this doesn't automatically translate to the fact that you will lose into the pocket of the broker. But when you lose gambling, it is sure that you lose to the pocket of the house, and if you gain as well, you gain from the pocket of the house. I wonder what this guy would say of the prime and ECN brokers and many others, they are always channelling your orders into the raw market pool, they do not influence anything but rely on the Spread, Swap and Commission they charge you when you open the trade.

You will therefore lose to the market and gain from the market without them having the dealing desk arrangement or influencing your decision. I wonder how they will get to be comparable to the way the guy makes it look. It's only the market maker type of broker that does otherwise, but such is not common these days in my experience, and it is just to avoid the issues associated with payments which they might not be able to fulfil in some cases. They therefore prefer to direct the whole risk to the raw market pool.

[LUCKMCFLY]

~snip ~
......

By the way, in some cases, when you are asked to provide Personal Data and undergo identity verification under the KYC procedure, you can ask support a question about how legal this is in the jurisdiction in which the corresponding casino is registered.  And it is worth mentioning that the provision of such data is an action subject to legislation on the confidential nature of Personal Data.  And the casino is not a state-authorized body for collecting such information.  And by the way, it turns out that there are no such laws in the local jurisdiction.  And the collection of personal data is an initiative of the private business of this casino.  And you can also write to support that KYC violates the law on Personal Data, legislation on consumer protection and your right to privacy as a fundamental human right.  If after this you are required to perform KYC, then you must demand from support a response that is reasoned by legal norms.  But they won't be able to write it.  This is probably how you should defend your rights in the matter of player anonymity.  True, all this correspondence takes a lot of time.

Well the truth is that everything is very interesting, when I Sstart to think about all the Implications that they have to do and see with the KYC, they should not put much effort into this , since they are regulations, but for example a person that handles funds under $2k should not require KYC, and these are Documents that we could handle with great intensity if we intensify our security measures, what you say is very interesting because as long as we are in a casino we don't know Anything new comes to mind all these possible things that we can do so that we can have the privilege of doing things Better and more when we know that things are quite Emphatic in the sense that things can be affected for our anonymity and privacy , our privacy It is always good to Maintain it , I Know that some say that privacy is no longer Necessary , that Sooner or later the deaths will be made Known no matter what, but I believe that things Should always be enjoyed as they are.

In this order of ideas, things can be Affected if we go to the Level that if we are not Interested , then in some way our data will be filtered, and although Things can Sometimes be Seen without any danger, it is not very advisable that things be seen Thus, for me it is necessary that things be done to protect our security, our data security is Necessary , not only in our funds but in everything that can be good to have a better understanding of what we are Getting into.

The KYC will always be Necessary so that we can Choose whether to do it or not , and as I said before it is better to comply with it in casinos that are one you know are Reliable , highly Reliable , have a very good reputation and that are always at the forefront of doing things. sbetter, always seeking continuous Improvement.

Here the question naturally arises about what personal data the user of the service must provide as part of the KYC procedure in order, for example, to play calmly and safely in a casino.  
It’s one thing when for KYC it’s enough to provide only your email address and nothing else.  
Then there is another confirmation by  mobile phone (this is more accurate data for identifying the player due to the SIM card).  
The next step could be to confirm the gadget by its identification number.  
But this kind of KYC, where the casino requires photographs of the face and documents, this is already called confidential personal data.  
And the requirements for their collection, storage and use are established by law.  For example, in the European Union, this is a regulation called GDPR (General Data Protection Regulation).  
In many cases, when it comes to providing your own confidential personal data to some service, you should refer to the redundancy of the requested data and maybe even dissuade their support from insisting on sending photographs and scans of documents.  This is completely legal.  
Moreover, in case of suspicion of fraud, law enforcement agencies are able to find out who you are simply by having only an email.  And the rest of the data is collected for marketing and advertising.  And this can be disputed.

It's like this, things can really be very determining when we are in the process of registering an account, for example, and when I go to register with any broker they always ask me for KYC, and it is how you say it, with phone number, with some documents, ID or even passport, that is something obligatory that I always do, I don't do it in any broker, because there is a whole list of brokers that make people do fraudulent things or worse still, there are brokers that when we are doing trading, they know Exactly where the resistances are, the supports, when we are doing some trading and we use a system, sometimes this makes me hit the stop loss and follow the natural movement of the action, that has happened to me with some brokers and again it is quite detestable, even with my personal data there, that is the other danger, it also happens like this in the exchanges, in that way we have a lot of data, sometimes they even do small KYC of our face when it is a somewhat substantial withdrawal, and once like that, one The best ones like Biancence always have the premise of kneeling in front of the authority of any country to provide information about their clients, something that seems disrespectful to me.

So this exchange does do things that way and yet many are still there to think that their data is provided in its entirety with everything they have to do and do, in this order we should see things from the closest point of view. That this would always be a big risk for everything, in the casinos, what are we to believe, if the brokers do it and the exchanges do it, what then is left for the casinos? The casinos that always depend on where they are to make their license moves, that is something we must see to make you think about what everything related to our data implies.

To my deep regret, almost all cryptocurrency users have now begun to get used to the fact that if cryptocurrency payments are used in some service that provides the service the user needs, for example, a crypto casino, it requires passing an identity check using the KYC procedure.  This, in my opinion, is a completely wrong course of events in the crypto industry.  Simply because cryptocurrency was invented to ensure anonymity and guarantee the authenticity and reliability of payment information.  This is precisely the most important quality of the blockchain and Satoshi’s brilliant invention in general.  But gradually, the authorities of different countries instructed cryptocurrency lovers to need KYC, although payments in cryptocurrency do not require such identification at all.  This disgusting invention that you must provide your personal data significantly spoils the entire huge sector of anonymous payments in the financial world. 
And “money laundering” is “bullshit” that the security forces of different countries came up with in order to make their lives easier and catch only those who have money instead of catching those who actually have tons of cocaine or tons of weapons.  Law enforcement agencies simply easily catch such criminals, and this probably makes it easy for them to report on their effective work.
 In short, the anonymity of payments should be preserved, and cryptocurrency lovers should, as much as possible, ignore the use of services with mandatory KYC.
 And prefer services that do not require KYC.  In the long run, this would benefit all of humanity, I think.

Exactly I think the same, things are like that, since I can remember with respect to crypto, I have always seen people's comments and wow they are just like us Legends who have a lot of time in the forum, in experiences, and well I have seen Commenters who say this, that the KYC was done to prevent money Launderers, and wow, I say to myself now, isn't it known that the Largest money laundering is not done with crypto, but with other things? This is something that cannot be done, personally I am a person who has Always been in the middle of these things, and I live Next to a country where drug trafficking is rampant and the people are in businesses that, ugh, are shady and One sees that and knows that the biggest money launderers prefer to do it with fiat money, and it is nothing but that it reaches the north and Europe, things work like that, there is no other way, so when we look for a way to do it like that different things because basically things turn out well and they turn out like this, so I am from a world where I see and have seen things that almost no one has seen, well I say no, it is not with cryptio that they do money laundering.

But how does one let them know that these things are not like that? Where I live, people who are like that are told to insult them, you read them: "They lack street" and that is something that we must see clearly, so when we are looking for ways to make ourselves more anonymous, people usually look for the biggest excuses for things not to happen, privacy will always be something that neither governments nor banking entities like, that's the point that they don't like it because obviously there is no control so as I have always said , we do not honor Satoshi, who invented bitcoin to decentralize us and move away from the traditional economy that always makes slaves, with bitcoin we are free, but still many like to feel controlled, when with caisnso we must be even more Free .

[nimethasa]

if gambling I prefer sports betting. in crypto brokers I consider it a trading not gambling. example crypto broker in binance

[LUCKMCFLY]

if gambling I prefer sports betting. in crypto brokers I consider it a trading not gambling. example crypto broker in binance

Well I understand, what happens is that there is a person who always prefers all of these, because in some cases you have the exception of doing things better, that is, in whatever game it is, what I can say is that when we We do whatever it takes to be well, we have to consider what we want, if we want fun, we don't have to think about it, we just have to put in some money willing to lose and play, so when it comes to casinos, they have to know how to do things, because personally Things are very different when it comes to casinos, and gamblers are very lucky, there are people who confuse these things, they go down the path of doing everything by chance and in brokers and trading you can't to do that.

The understandings of people when it comes to exchanges , brokers , casinos , I would not put it as something that has to be a vs, because they are completely different things, in some brokers that admit things that are crypto trading, but what brokers and casinos have in Commo n, with the exahchnges mo for me is that they have to Comply with the blessed KYC, and that's the only thing they have in common, but I don't see anything else about the Rest, of course they are Controlled , that It also has a lot of influence, I Personally don't like to search a lot in the casino for that reason , without those who are known, usually the oldest ones because they give me a lot of Confidence, but I would say that each of us should know that it is only what We Want or how we can do so that we can be more profitable, but we have to know how to Differentiate, if we want Fun and we have money to lose, then we have to take the decisions, if it is definitely with the game  , but if it is to apply an analysis strategy Generally and fundamentally, it is best to do it through brokers with shares and exchanges for crypto, but all these activities must be done with absolute responsibility.

[EarnOnVictor]

if gambling I prefer sports betting. in crypto brokers I consider it a trading not gambling. example crypto broker in binance

I don't think you are on this planet, no one is making reference to the difference/comparison between them, but the OP is pointing out the fact that one is more exploitative than the other and also believing that people are not paying attention to it. In my opinion, the OP is just not rightly informed about the two as only a fractional type of broker is exploitative. Is "exploitative" even the right word to use? I do not think so. They are only doing their business, I mean the market maker type of brokerage, and when you lose, they will earn the entire money you lost, but when you gain, they will be the ones to pay the entire money you won.

This is a fair package as far as I am concerned and as long as they do not deny the person the money. All that matters is for the trader to be up and doing, or else, they will just be wasting their money in the pocket of the broker. What difference will that even make, won't they still waste it in the market pool if they lose with other brokerage types? I see nothing exploitative here inasmuch as the broker is fair in what it is selling.

[delfastTions]

~snip ~

~snip ~

~snip ~

~snip ~

To my deep regret, almost all cryptocurrency users have now begun to get used to the fact that if cryptocurrency payments are used in some service that provides the service the user needs, for example, a crypto casino, it requires passing an identity check using the KYC procedure.  This, in my opinion, is a completely wrong course of events in the crypto industry.  Simply because cryptocurrency was invented to ensure anonymity and guarantee the authenticity and reliability of payment information.  This is precisely the most important quality of the blockchain and Satoshi’s brilliant invention in general.  But gradually, the authorities of different countries instructed cryptocurrency lovers to need KYC, although payments in cryptocurrency do not require such identification at all.  This disgusting invention that you must provide your personal data significantly spoils the entire huge sector of anonymous payments in the financial world. 
And “money laundering” is “bullshit” that the security forces of different countries came up with in order to make their lives easier and catch only those who have money instead of catching those who actually have tons of cocaine or tons of weapons.  Law enforcement agencies simply easily catch such criminals, and this probably makes it easy for them to report on their effective work.
 In short, the anonymity of payments should be preserved, and cryptocurrency lovers should, as much as possible, ignore the use of services with mandatory KYC.
 And prefer services that do not require KYC.  In the long run, this would benefit all of humanity, I think.

Exactly I think the same, things are like that, since I can remember with respect to crypto, I have always seen people's comments and wow they are just like us Legends who have a lot of time in the forum, in experiences, and well I have seen Commenters who say this, that the KYC was done to prevent money Launderers, and wow, I say to myself now, isn't it known that the Largest money laundering is not done with crypto, but with other things? This is something that cannot be done, personally I am a person who has Always been in the middle of these things, and I live Next to a country where drug trafficking is rampant and the people are in businesses that, ugh, are shady and One sees that and knows that the biggest money launderers prefer to do it with fiat money, and it is nothing but that it reaches the north and Europe, things work like that, there is no other way, so when we look for a way to do it like that different things because basically things turn out well and they turn out like this, so I am from a world where I see and have seen things that almost no one has seen, well I say no, it is not with cryptio that they do money laundering.

But how does one let them know that these things are not like that? Where I live, people who are like that are told to insult them, you read them: "They lack street" and that is something that we must see clearly, so when we are looking for ways to make ourselves more anonymous, people usually look for the biggest excuses for things not to happen, privacy will always be something that neither governments nor banking entities like, that's the point that they don't like it because obviously there is no control so as I have always said , we do not honor Satoshi, who invented bitcoin to decentralize us and move away from the traditional economy that always makes slaves, with bitcoin we are free, but still many like to feel controlled, when with caisnso we must be even more Free .

Of course, when you play in a casino and do not provide your personal information to the casino, you feel much more freedom and independence from this game. 
But many cryptocurrency owners have now become obedient slaves of the system and, without even thinking much about it, send their confidential personal data anywhere as soon as they are asked.  Although, in this case, the casino often violates one of the principles of disseminating personal data, which is that a person should not provide an excessive amount of personal information.  A shall limit this information to only what is necessary to provide the relevant Service.  Many people simply don’t know about this and don’t even realize that they often don’t even have to send photographs of their faces or scans of documents.  And the requirement to provide such data is generally illegal. 
But, I repeat, unfortunately, the owners of cryptocurrencies have come to terms with KYC and even already consider it something to fight crime and guarantee the return of their funds.  But I believe that this is not so and I try to never provide KYC.

[EarnOnVictor]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

Bitcoin brokers, aka Bitcoin exchanges are carrying a huge responsibility over their funds because once your bitcoins are gone, they are gone forever and you can't fix that. From one side, it looks like they make money out of thin air by taking a fee from each of your trade and that's true, they charge a lot but at the same time if we keep in mind the leverage trading, crypto exchanges risk here too since they are the liquidity providers. If many people open a long position on futures with high leverage and profit, exchange has to pay for their winnings.

I don't think you are being appropriate here, perhaps you are ill-informed on how these things work regarding the exchanges. If it were to be the traditional broker, well, I would still say that it is true of the market makers, but for the crypto exchanges, I think that you are so wrong about them. What I have noticed about the crypto exchange is that their trading (spot and futures) is structured in such a manner that their customers are the liquidity providers, and this is in addition to others who are willing to stake their money directly. The system works for itself and within itself, and this is evident by the times that they will specifically allow some people to join their liquidity pool.

So, it is practical that they are not the liquidity provider, and even if they are part of it since they are entitled to it, they are justified but are not the lone risk taker. But what the exchanges practice mostly is to create a crypto marketplace within their system where anyone can participate in it. If any trader loses, he will lose to the liquidity pool and this will be shared among all the providers of liquidity, which includes yourself if you invest in it, and it depends on the proportion of your stake in it. And the traders who win will win from you inclusive too. This is the fairest practice I've ever seen if you ask me even as the exchange itself is not greedy to take all the business and the money associated with it.

[LUCKMCFLY]

<Snip>

That's right, but the question here is how to avoid doing it if for almost everything they require KYC, I know there are people who are very extreme with their decisions, in fact since the KYC requirement came out I know that many players do not They have not even wanted to verify themselves because they know that things like this can be very different for them, they are people who have also left their personal data, they have not even been able to do anything so that they can leave their phone numbers, which is something that can be very well accepted, when it is like that not even that is allowed, then I imagine that this type of person is not in brokers, they are not in centralized exchanges and apart from that they do not have the way to do the same things like the majority who are Leaving KYC for all sides, but sometimes it's like feeling locked in a very big world and not being able to enjoy it because it is something that does hit.

Although this thing with anonymity, privacy and everything that has to do with No KYC has its great advantages, because I consider that this type of thing will always be something that cannot be done as it is.

I could think that when we are looking for fun, in brokers, exchanges or even in a casino , the closest one that was without KYC requirement was freebitco.in and now things sound very different because basically things are done well with KYC The truth is, I have not done anything to be on freebitco.in and be able to do things better , I will always say that things with this casino are good , the bad thing is that it joined that casino list that has KYC, now the things sound different, I don't know how demanding they are or what the Reason was for them to Change their policies so that it was like this now, so I don't know, but what I am forced to think is that I have only put my KYC in the casino of all life , only the most Reliable, there is no other.

[Slow death]

if gambling I prefer sports betting. in crypto brokers I consider it a trading not gambling. example crypto broker in binance

In my opinion when it comes to gambling, choosing to place sports bets or games that involve cards or other gambling games that do not depend on luck becomes a good choice because in the case of people who are putting money into gambling games that do not depend on luck, they are having greater chances of getting it right depending on the level of knowledge that these people have about the games in which they will place bets, while in the case that they keep playing games of chance that depend on luck, when they place money they must be aware that the money they put into the casino to play is already wasted money because the chances of them being able to get a big multiplier hit are extremely low chances

I believe that deep down most people are aware that if they play games of chance that depend on luck, they will lose most of the time they are playing, if they are playing with low multipliers then they may even have a situation in which the number of hits with the number of losses is not a huge difference, but the person will still be losing money. gambling is not an investment, trading is not an investment, so people need to be very clear that in all these options that the op mentioned, only investment is the only option that is really safe and profitable, the rest of the options only if I lost money .

In day trading, people lose more money than they can earn. In forex people also just keep losing more money than they can make, in binary options it's the same situation where people keep losing more money than they make. My advice is that if a person really wants to make profits in the long term, make an investment, make a long-term investment and that person will make profits. People shouldn't be fooling themselves, they need to know very well how to differentiate investments from gambling, forex and other things that only cause losses and should be seen as just fun

[delfastTions]

<Snip>

That's right, but the question here is how to avoid doing it if for almost everything they require KYC, I know there are people who are very extreme with their decisions, in fact since the KYC requirement came out I know that many players do not They have not even wanted to verify themselves because they know that things like this can be very different for them, they are people who have also left their personal data, they have not even been able to do anything so that they can leave their phone numbers, which is something that can be very well accepted, when it is like that not even that is allowed, then I imagine that this type of person is not in brokers, they are not in centralized exchanges and apart from that they do not have the way to do the same things like the majority who are Leaving KYC for all sides, but sometimes it's like feeling locked in a very big world and not being able to enjoy it because it is something that does hit.

Although this thing with anonymity, privacy and everything that has to do with No KYC has its great advantages, because I consider that this type of thing will always be something that cannot be done as it is.

I could think that when we are looking for fun, in brokers, exchanges or even in a casino , the closest one that was without KYC requirement was freebitco.in and now things sound very different because basically things are done well with KYC The truth is, I have not done anything to be on freebitco.in and be able to do things better , I will always say that things with this casino are good , the bad thing is that it joined that casino list that has KYC, now the things sound different, I don't know how demanding they are or what the Reason was for them to Change their policies so that it was like this now, so I don't know, but what I am forced to think is that I have only put my KYC in the casino of all life , only the most Reliable, there is no other.

If a casino collects Personal Data from customers, this may be justified by the fact that it primarily complies with legal requirements and instructions and regulations of local regulators.  The second aspect of collecting personal data is some kind of guarantee against payment of winnings to scammers and control over payment of winnings.  The third aspect is purely marketing and the use of clients’ personal data for advertising, and in some cases for the sale of this data to advertising agencies for targeted advertising. 

So, the amount of personal data within the framework of KYC can be very different. 
This can only be an email, or a mobile phone number; in extreme cases, this is a volume of data comparable to the amount of personal information that a bank will require, for example, to process a mortgage loan. 
The correct thing to do is to always ensure that the casino does not receive unnecessary personal data, and in some cases you can argue with the support team of such a casino and not send them, for example, photographs of your face or documents.  In my experience, sometimes it is even possible to reduce through negotiations the amount of your Personal Data that is required from you when providing the relevant Service.

[LUCKMCFLY]

<Snip>

That's right, but the question here is how to avoid doing it if for almost everything they require KYC, I know there are people who are very extreme with their decisions, in fact since the KYC requirement came out I know that many players do not They have not even wanted to verify themselves because they know that things like this can be very different for them, they are people who have also left their personal data, they have not even been able to do anything so that they can leave their phone numbers, which is something that can be very well accepted, when it is like that not even that is allowed, then I imagine that this type of person is not in brokers, they are not in centralized exchanges and apart from that they do not have the way to do the same things like the majority who are Leaving KYC for all sides, but sometimes it's like feeling locked in a very big world and not being able to enjoy it because it is something that does hit.

Although this thing with anonymity, privacy and everything that has to do with No KYC has its great advantages, because I consider that this type of thing will always be something that cannot be done as it is.

I could think that when we are looking for fun, in brokers, exchanges or even in a casino , the closest one that was without KYC requirement was freebitco.in and now things sound very different because basically things are done well with KYC The truth is, I have not done anything to be on freebitco.in and be able to do things better , I will always say that things with this casino are good , the bad thing is that it joined that casino list that has KYC, now the things sound different, I don't know how demanding they are or what the Reason was for them to Change their policies so that it was like this now, so I don't know, but what I am forced to think is that I have only put my KYC in the casino of all life , only the most Reliable, there is no other.

If a casino collects Personal Data from customers, this may be justified by the fact that it primarily complies with legal requirements and instructions and regulations of local regulators.  The second aspect of collecting personal data is some kind of guarantee against payment of winnings to scammers and control over payment of winnings.  The third aspect is purely marketing and the use of clients’ personal data for advertising, and in some cases for the sale of this data to advertising agencies for targeted advertising.  

So, the amount of personal data within the framework of KYC can be very different.  
This can only be an email, or a mobile phone number; in extreme cases, this is a volume of data comparable to the amount of personal information that a bank will require, for example, to process a mortgage loan.  
The correct thing to do is to always ensure that the casino does not receive unnecessary personal data, and in some cases you can argue with the support team of such a casino and not send them, for example, photographs of your face or documents.  In my experience, sometimes it is even possible to reduce through negotiations the amount of your Personal Data that is required from you when providing the relevant Service.

I think that the data is very delicate to leave it anywhere, for me the most important thing in all this is that you always let yourself be carried away by things when they are more reliable casinos, in these times things with the data must be very different, in This case of a casino that always demands the same from others, is it something more important? Many more things have to be done, for example the KYC that is earned? That the drawer could have data from whom? or for whom? This is undoubtedly so that they are filtered to governments, to entities that have to do with banks, so that tomorrow or in the future we can generate more things that are different such as taxes, I personally have always said that anonymity and Privacy are rights that little by little have been skewed, they are being distorted a lot, with the issue of regulation, because this way it is safer, that when there is a problem things can be resolved faster, in fact one day I read in a post from a casino that I don't remember which one, where they said that they defend KYC because at the time there was a hack with the KYC identification that was easy to solve when it came to refunding the money.


Now things can be very delicate with these types of statements, I know what they do to make people complain, but in part these things are pure lies, because only with the user ID can the money be refunded, otherwise, like it was before? When did mandatory KYC not exist? So for me these are more than excuses and just words, things are not like that, I am not here to deceive anyone, no one is so ignorant as to believe these things, whoever wants to believe it, that is their problem, But I have always defended that one as a person and as a player should play in total anonymity if they wish, and should respect that, but how do you go about fighting the titans?

Edit. I edited because at the time I was making the publication I deleted and wrote again, I also had connection problems.

[decodx]

<...>

Come on dude, really?  Can you at least proofread your walls of text before posting them? I wasted 5 minutes of my life reading that crap!

archive: https://ninjastic.space/post/63673788

[Fivestar4everMVP]

<...>

Come on dude, really?  Can you at least proofread your walls of text before posting them? I wasted 5 minutes of my life reading that crap!

archive: https://ninjastic.space/post/63673788

Lolz, no offence to LUCKMCFLY, but I honestly don't waste my time reading or replying to such a long wall of texts, excepts if it's the OP of the thread, like the initial starting post of a thread..
A comment in a thread that is that long automatically turns me off, and I don't bother reading them.

I personally understand that the reason why LUCKMCFLY is used to posting such a long walls of text as comments in several of his posts is for the purpose of winning the Stake campaign weekly bonus, but he and every other persons who engage in this style of posting should atleast, proofread their wall of texts before clicking the "post" button, some times, I wonder is stake campaign management even read this things before awarding their weekly bonus  .