Post
Topic
Board Gambling discussion
Re: What’s the reason for ridiculous KYC requirements?
by
Oluwa-btc
on 03/03/2025, 01:57:48 UTC
I done see a reason why a casino would demand for those things in other to verify your KYC. Unless it's a local casino that's only based on your region but still it's kind of ridiculous to demand a shot with news paper on your hands just verify your address. However it would be kind of complicated if the casino had requested for the KYC while making withdrawal instead of request for it immediately you signed up . Some of these casinos are scammers which means you must be careful the ones you deal with.

It's not really a big deal, it's Something that's very necessary for some countries because they're trying to comply with the regulatory measures to a more effective KYC requirements.
KYC requirements can be very challenging for most of us but financial institutions needs to balance security, efficiency and accuracy of user experience.KYC May be ridiculous but it's plays a crucial role in preventing illegal activities and alterations.