Post
Topic
Board Gambling discussion
Re: Can we still truly achieve anonymous gambling in crypto?
by
passwordnow
on 29/03/2024, 23:09:04 UTC
No one is truly anonymous if you use crypto to gamble. Yes of course crypto casinos are easier to use than FIAT casinos and you can withdraw your money in crypto and withdraw it in fiat.
If you do that, you're definitely breaking your privacy because you'll take fiat and that's likely through the banks that you also have accounts.

It doesn't require as much validation as withdrawing fiat from a crypto casino. I think some crypto casinos still don't require KYC to withdraw your money. Casino sites like Duelbits do not ask for your KYC to withdraw your crypto.
The same goes for stake, they are not asking for KYC although they'd ask for some certain information for you as a level 1. But you just can fill it up and go on after wards without the need to send IDs for that filling out of information.

I don't know if these regulations will be different in each country. I won several times on sports bets and they didn't ask for KYC verification.
It varies per casino and I don't think that being in a certain country has something to do with that unless they are restricted.