Post
Topic
Board Gambling
Re: risk of kyc on crypto casinos ?
by
Maslate
on 04/07/2022, 17:42:30 UTC
[snip]
Even if you avoid casinos that have KYC requirements, you should consider safe and legal casinos, as KYC requirements must be applied following UKGC requirements to get a license to operate.
Well that is the fact, --if you want to use a legitimate gambling casino is should be a licensed casino but the disadvantage of the licensed casino there is a corresponding KYC implementation. But at least we are always aware that a gambling casino will warrant us this anytime and that is the time we should read carefully the term of use so that we can avoid possible violations that we will face in the future.
KYC is being a part nowadays, though there is the risk --we should choose and pick carefully the gambling casino that we use.

When choosing casino that ask KYC most of the gamblers tend to use those well-known house that really comply with licenses casinos that gamblers are protected of certain laws, if you are willing to provide your personal info in submitting KYC, it's good to pick the house that also have corresponding identities.

You can play and enjoy with lesser chance of being scam if the house are following the government laws, they are subject to everything once you file any accusations about the service, always make sure to read the terms and condition it serves as your main protections against the owners.

One of the things which people fear about KYC is the misuse of the KYC identities and documents. Small unknown casino can sell our KYC related documents and we might be at the risk of big trouble. However, the trusted casino also does not guarantee anything but usually, we have peace of mind that since the casino is trusted they will not misuse our documents.
No one can grantee anything once it comes to the kyc, but never perform your kyc in brand new or untrusted gambling sites.

Indeed, there's still no guarantee at all even if we choose to play at those reputable and trusted casinos but the risk is somehow minimized because their license and name is on the line if ever (I hope not) there's some leakage of information because of that KYC we provided.
Too risky for us to jump from one casino to another just to seek privacy because we could land in a much more dangerous platform than we had the last time.