Post
Topic
Board Gambling
Re: Casinopunkz.io | Anonymous Crypto Casino | No KYC | 100% Welcome Bonus
by
CryptSafe
on 15/11/2024, 14:38:59 UTC
If you tell us you are KYC free now, do you plan doing KYC in the future? What if the government of your local jurisdiction request for such do you plan to impose it on customers to do a mandatory KYC.
I think this is a norm for almost all exchanges since they if your account find suspicious they will trigger a KYC. But as much as possible we dont want to give our info to a very new gambling sites. So better dont aim on risking huge figures.

Just like other new casino they have this No KYC feature yet since maybe they are not been bothered by regulators or they don't have huge number of gamblers that come into their casino.

But for sure once they became big and there operation will be noticed by govern institutions or there's something need to verify especially if there's big win happen this KYC will be asked to their gamblers. That's why people need to prepare when this was been asked to do by their representative. Exactly hard to trust new casino when in terms of dealing our identity but if they could able to show up that they are good casino which people could trust then I guess KYC providing provably not a problem here if they are just transparent about this requirement.

Most casinos starts this way and when they start getting the traffic coming in, they begin to act funny and maybe in most cases, the government of their region demands that they release identity of their registered members and they would have no option than doing it so they do not loose out of the market as they have already started making big profit in the industry. In other to still remain and run their business, they play along with the government to get their members do kyc which was not their initial policy. I believe they know that the government would definitely come requesting for it so they do not bother but want to get the traffic at first before any of such thing comes up.  So it does not look like the just decided on their own to do it.

At this initial stage, what they are just after is to get the traffic coming first because they know most gamblers do not like revealing their details, so they would allow everyone to register at first and continue using their platform then as time goes on, they request for kyc and maybe those with huge amount of money would have no choice than to do the kyc because they would not be allowed to withdraw their funds.