Are there any online casinos that accepts KYC verifications before you start gambling after creating a new account on the platform? Something similar to what we always see crypto exchanges do to their customers? I am just curious
You open a new account on a crypto exchanges they will advice you to complete your KYC verifications first, some won't even allow withdraws until you complete the verifications. I think if online casinos starts doing the same there won't be the fear of getting robbed after you win, because most KYC verifications would already be passed right from the beginning.
Do you think that this was intentional? Maybe to find reasons why they can't process your withdrawal? I think about the same too, but what about online casinos will enough credibility already? I mean very popular online casinos.
The time I joined Stake, it was possible to a gambler to sign up, deposit, gamble, win and withdraw even up to $10,000 without kyc verification, but they will sure ask for kyc verification if you are withdrawing an amount of money that is above $10,000.
But today and right now, alot of changed I think, the casino have made kyc verification mandatory for all users, both for the high and the lower rollers, and the last time i read about the new policy, I learnt that those signing up on the Stake for the very first time are now required to pass a mandatory kyc verification before they will be allowed to make any deposit to their account and or play any game, this (like you explained) is how crypto exchanges operates, and I think it's the best way because right now, user no longer have to worry about future kyc verification if or when they win a huge amount of money and are going to withdraw.
So, Stake.com is definitely one of the best casinos to look at or try out of you are looking for casino where kyc immediately after registration and don't have to worry about kyc again for life, this is another type of peace of mind.