Post
Topic
Board Gambling
Re: Information of Crypto Casinos License and KYC requirements
by
mak013
on 16/01/2022, 16:56:43 UTC
As we see, all crypto casinos have a KYC procedure, except casinos without license(the same time it is enough dangerous to gamble in such casino as for me). The difference is just what you have to do. As i see - all casino get your personal data, so i don`t know for what purposes we use cryptocurrencies in such casinos. It doesn`t anonymize us.

PS. Anyway the OP made nice job, thx.

It's not a requirement to deposit and play but these casinos listed will likely ask for KYC if they think your account is abusing like in the case of one complainant

But it is required when i plan to get my money back. Withdrawal is the most important part of gambling, as for me. I don`t remember problems with deposit anywhere.

As we see, all crypto casinos have a KYC procedure, except casinos without license(the same time it is enough dangerous to gamble in such casino as for me). The difference is just what you have to do. As i see - all casino get your personal data, so i don`t know for what purposes we use cryptocurrencies in such casinos. It doesn`t anonymize us.

You are bound by the rules and casino is bound to protect the integrity of their system and the only way casinos can do that is to do KYC on account that they think is a fraud or abusing their features, yes Cryptocurrency can help us anonymize our presence in casinos as long as you are following rules and the casino is compliant to regulators and reputable you are still safe.
Yes, it is so, they have rules and we decide to follow them or to look at other casino. But the main purpose of cryptocurrencies is anonymity and with KYC we lose it - does not matter what cryptocurrency and how do you use, if casino has your ID.