Post
Topic
Board Gambling discussion
Re: What importance is kyc In gambling section
by
Distinctin
on 22/07/2019, 03:07:16 UTC
Know your customer (kyc) is one security measure I support and do not hesitate to fill-in all my kyc required details. KYc is being used by exchanges, ico project some bounty managers etc.
But is kyc really needed in gambling section. I experienced a very hectic kyc procedure when trying to register onto a gambling site with them telling me they would get back to me after some day so I wonder what if I got a pressing game I needed to play immediately.
In my own opinion kyc is not of major importance in gambling section. What do you guys think
what I feel about the KYC is in gambling field the security is the most important part in every gambling sites so if any problem was gone on that field it will directly affect the money transaction so if we find what is the problem is then we need some details about every one that is the implementation of KYC so it will be very good for everyone
Security over privacy, gamblers can choose, for me I would choose privacy and if my account is compromise, I can accept the loses as I don't spend much in gambling. Whatever makes us feel comfortable we should do, KYC should not be compulsory.