Post
Topic
Board Gambling
Re: Crypto Gambling : How it works / pros and cons!! Gamble responsibly.
by
sunsilk
on 06/11/2024, 22:04:39 UTC
Benefits

Privacy: Many crypto casinos require minimal personal information, allowing for more anonymous gambling.
At first, they won't ask a user to comply with KYC but eventually, they will. That's known already in the community when most of the known casinos have started asking for verification, additional, or a beginning process.

It might be beneficial for starters but expect and see to it that everyone is going to be asked later on. Who benefits the most from this are the casinos and the regulators, they're using it to trace dirty funds that are used into laundering with the use of these casinos.

Anyway, this thread should be on the Gambling discussion and not this section.