Re: The Rise of Crypto Gambling: What You Need to Know

Yes, you are right, after all, there are lots of trusted casino recommendations on this forum, of course, from the community, they also always provide recommendations. Beginners should be able to ask about trusted casinos on this forum, because as experienced gamblers, of course, we will also recommend the best ones, so people don't need to worry about KYC because there are several reasons casinos ask for KYC and some don't.

Many people misunderstand about that, sometimes little gamblers are afraid of KYC so they go choose small casino sites and scammers so they lose money, after all what KYC means is for example giving out our identity when the system detects illegal deposits or activities, big wins or big deposits maybe the casino will ask users to complete KYC, besides that everything is safe even I have never been asked to complete KYC because I am a little gambler. withdraw hundreds of dollars without KYC as long as you play honestly at a big and trusted casino.

But unfortunately, many beginners still choose the wrong casino so they are trapped in a scam casino and instead lose their money so that when they win, they will not be able to withdraw the money. And for casinos that ask them to do KYC, they always have to choose the casino so that they don't have to worry about bad things that might arise when they submit the documents.

And when they ask for advice from members on this forum who have years of experience in gambling, they will not choose the wrong casino and will not play gambling in casinos that require members to do KYC. And with the current development of the gambling industry, they have to be really careful in choosing a casino because many new casinos have been launched. Only a few can become trusted casinos.

With the current development in the gambling casinos, where even freebitco, one of the longest running bitcoin casino that have never required customers to pass kyc verification, if a casino as this can now turn to include in their terms that there is a possibility that they may ask their customer for kyc verification, that should tell you that there is a regulatory pressure on casinos right now, and casinos that are still not requiring kyc from customers either will just vanish with customers funds in the future after they have collected enough, or like every other casinos, they will still turn around to request kyc from their customers.

I think we have arrived a point where gamblers shouldnt be running from kyc anymore.

Indeed, verification by the KYC procedure is increasingly penetrating into the field of casinos and gambling using cryptocurrencies.
Of course, this fundamentally violates the very principle of anonymity of payments in cryptocurrencies.
On the other hand, the KYC procedure itself is gradually becoming obsolete because other verification methods are being used more and more. Even in the field of cryptocurrencies, new technology startups focused on personal identification are emerging. Identification of a person is possible both with the clarification of a specific name, surname and address, as well as simple identification by fingerprints and the iris of the eyes. In the second case, it would be quite possible to use it in a casino, where all players would like to remain at least partially anonymous and not disclose their specific first and last names.
But at the same time, the casino would know for sure that the player is the person who originally registered with the casino. It seems to me that for the future of the entire cryptocurrency gambling industry, this would be a good solution to the problem of KYC and the ability for the player to remain anonymous. Because it is important for many players for various reasons.