Post
Topic
Board Gambling discussion
Re: What would be an ideal KYC solution?
by
coinerer
on 14/12/2022, 03:55:18 UTC
We have to allow all regulation from casino gambling trough required with KYC or not, I don't think have serious problem when submitting KYC in casino account because we have upload document ID on exchange market although have been collapse like FTX. Securing or not our document used in casino gambling later actually depend with how reputation from one casino, I think we know about experience and trusted casino allowed for KYC.

Don't blame with any one still not agree with KYC in casino gambling, you can get many casino not requiring with KYC but you have accepted term term of service limited withdrawing and depositing your fund.
Reputation will always be the key. I don't mind sending my information to a well-known gambling platform. It's just the same as how I trust a reputable exchange with my details to enable maximizing the withdrawal limit benefits. Because that's just how it is, when they grow bigger as a company they tend to be a target by the government using the money laundering act.
What I don't really like about KYC's is the annual updates, I think they should stretch this up to 2-3 years before they re-check the players if they are changes with their profiles.
Yes it is true and I agree with you that we are willing to give our information to a place where our personal information will be kept safe.  So in this case it will depend on the reputation of the exchanger or any gambling site or any site.  If I know a site to be very trustworthy and think that they will never commit illegal acts or fraud, I am definitely willing to give my personal documents there.  Because I have full faith in them.  But I will not give kyc document for any site which I don't know well and its reputation is not high.