Post
Topic
Board Gambling discussion
Re: What if all crypto casinos requires KYC to continue gambling?
by
MainIbem
on 29/12/2024, 11:12:13 UTC

So, here’s the question: if all crypto casinos started requiring KYC before you can gamble, what would you do? Would you go ahead and pass the KYC to continue gambling? Would you switch to fiat casinos instead? Stop gambling altogether? Or maybe start looking for a decentralized casino to avoid the hassle?

It depends on the level of trust I have in a casino; if the casino has a good reputation and have established their name in the industry like Stake.com, I don't have issues with KYC, KYC is a matter of trust, you don't give it if you have doubts on your mind You want to have peace of mind at a casino that you trust, even if it means providing him your basic information.

Exactly, based on trust issues,  I just can't disclose my important information to any casion all in the name of KYC, the casino needs to be highly reputable, trustworthy and recommended by previous users before I'll think of doing KYC with their site, it's not like it's a bad thing for all casinos to implement the KYC policy, it would help reduce scam activities and help fast track customers using their platform for scam activities but on the contrary the level of trust and reputation a casino has earned over time matters a lot and if it's not a casino that operates here in this space and has high reputation here then I don't think I'll be interested. There are scam casinos out there so I won't even want to risk falling victim to them all in the name of KYC, or better still I'll just look for a decentralised casino with good reputation and gamble with them.