KYC is surely for our own benefit it gives us security. I have seen now people dont hesitate to give their information to casino but I think gamblers should only follow this rule in registered casino and also ask them whats and why all these requirements are for after your complete satisfaction I guess a gambler wont mind sharing KYC.
Not all gamblers will agree to that, there are still many gamblers who would choose to gamble anonymously.
Before the government start to regulate the market, crypto gambling site are promoting that they give convenience to people as we can gamble anonymously. And you are talking about security, may I know what security the gambling sites can give to us? and why is it majority of the gamblers here still prefer to gamble on sites that does not require KYC verification?
Many people do not want to reveal themselves and do not want public to know that they are playing gambling.
Thats the only reason they avoid KYC.
KYC is surely for our own benefit it gives us security. I have seen now people dont hesitate to give their information to casino but I think gamblers should only follow this rule in registered casino and also ask them whats and why all these requirements are for after your complete satisfaction I guess a gambler wont mind sharing KYC.
It never increases any security but it will make privacy issues if the site got hacked,You can never know where our documents could be shared even it goes to dark web for selling.
SO people who gamble a lot won't share their details to gambling sites.
At one side you want people to submit KYC but there is no grantee that their documents will not be misused. I think it is time that we first focus and determines ways how the sites can ensure the security of the documents ?