Quote from: Fivestar4everMVP on February 05, 2023, 11:29:37 AM

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Quote from: Shamm on January 27, 2023, 05:06:28 PM

Second the motion as we all know there are many casino who offer or saying that they don't have any KYC but in the end when you are going to withdraw your winning then they start asking KYC so its not a good practice promising that they don't have KYC as we all know that promises are ment to be broken. Its better to say that KYC is a must rather than catching the attention of a gambler using lie it because they promise that theres no KYC.

We can conclude that there is no casino that does not require KYC even though it is not stated in the terms and conditions, so any non-KYC gambler is not guaranteed anonymous because they will be asked for KYC at any time even if the casino is not licensed, the purpose of the casino is to require KYC because gamblers will make withdrawals From winning on slots, gamblers have no guarantee of being able to withdraw funds because the casino will not verify the KYC provided, so it is better to switch to choosing a top casino that has been recommended in forums.

Choosing the best casino recommended on the forum will be better, although we have to do KYC verification in the end. At least, we hope these best casinos can maintain customer data properly and not abuse it. Using the best casino, we won't worry about anything because the best casinos can provide the best for their customers. That way, as long as we play and withdraw the winning money, there won't be any problems.

For some reason, all of you, colleagues, think that KYC verification gives you a lot of all kinds of guarantees.
To some extent, of course, this is the case. But when you come to the KYC verification procedures, then your identity will always appear in the customer bases of a particular casino. And these very databases, according to the casino devs, are strictly confidential.
But in real life, such statements are just convincing clients that verification is completely safe and this data will never get anywhere. However, life shows that the theft of such information takes place. And we hear about such incidents all the time. For example, even Ledger had data of almost a million buyers stolen a couple of years ago. And there was quite a big scandal. And this is from such a powerful well-known company. What do you think, can the security of personal data be ensured at the highest level simply by ordinary casino sites?
Yes, of course not! So KYC can turn into a leak of personal data to public networks for you too. Keep this in mind. And the main information here - is that you are gambling in a casino with cryptocurrency. And that means you have cryptocurrency.

Data leaks can indeed occur on any site, including casino sites because we are on the internet where the risk of theft and hacking or identity selling has occurred everywhere. But we can't refuse a casino asking us to do KYC because it's their rule for all of its members. And if we don't want to do KYC, we can move to another casino. It's that simple.

Indeed, we use cryptocurrencies for gambling but the regulators are already monitoring cryptocurrency casinos so they apply or adjust their regulations on crypto casinos. Moreover, the popularity of crypto is getting bigger and there are also more crypto users. And many people use crypto to play gambling so the regulator wants to know who are the people who use crypto through casinos.

Data leaks and hacks is one of the major cons of online platforms and casinos are not excluded, though I personally have not come across any news of a casino being hacked since I started gambling, if there be any, then I missed it, crypto hacks and data leaks have occurred most frequently on crypto currency exchange trading platforms and decentralized finances as well.

And the issue of KYC is also something that have become paramount with online casinos, most especially , the licensed casinos,. infact it is very rare to find a licensed casino this days that does not require its customers to pass KYC verification, for many gamblers, have to pass KYC verification is already a norm for them, due to how large the amount of money they gamble with.

It's a common thing that happens in many businesses and is due to a lack of oversight from the site's own security team. But hacking always uses different methods of hacking company data and will look for bugs that the hacker can use to get into the company's servers or databases. We may miss the news of hacking in the casino because the casino is very smart to cover up the incident, which could lead to a decrease in the casino's reputation among other casinos.

And in the future, with regulators who have started to move, crypto casinos are powerless to remain casinos that can provide anonymity to crypto users who want to gamble, so we as crypto gamblers, have to accept it. We as crypto users, can also look for other flexible casinos in implementing KYC.