Re: SocialBet Launches! :: Make Gambling Social Again! :: 0% House Edge
Thank you for your question about KYC. I have got an answer from the legal team.
Your feedback did help
We are currently updating our terms of use. Moreover, we are going to make KYC as simple as possible.
You are missing the point completely. Making the KYC process simple does not matter since doing away with it is the only way that majority of the gamblers including me would show any sort of interest in your website.Quote
KYC is a legal necessity in case of gambling, although in cases of transactions with a small amount it may be escaped.
Anyway, in some cases (e.g. small amount of transaction), KYC may be required by SocialBet.
We are going to be fully in compliance with the laws which is the best guarantee of the sound and safe operation of our platform.
By the way, Primedice.com also has KYC procedure for its users.
https://ibb.co/mCht0th
Anyway, in some cases (e.g. small amount of transaction), KYC may be required by SocialBet.
We are going to be fully in compliance with the laws which is the best guarantee of the sound and safe operation of our platform.
By the way, Primedice.com also has KYC procedure for its users.
https://ibb.co/mCht0th
Your feedback did help
We are currently updating our terms of use. Moreover, we are going to make KYC as simple as possible.Get rid of the KYC requirement asap if you want your website to attract more attention.
Hello. I am the founder of SocialBet. This KYC did a noise in the last days
I want to understand the problem. I see that people ask to remove KYC and says that they won't play in bitcoin casino that has KYC, but at the same time, they use signatures of casinos that have KYC. For example, I may see in your signature STAKE.com. Check their terms and you'll find the same KYC in the 6th point.
https://stake.com/terms-of-service
The KYC is not so scary thing
We do not want to use it against the community. We won't force our players to verify their identity. This point is just to keep us legal and to avoid problems in future. We want to make our platform the best one. Your feedback is very important as we build our platform for you!
If you know a good standing casino, that does not have a KYC option in their legal docs, please send a link. We will investigate.