Post
Topic
Board Gambling
Re: Betpanda.io | Anonymous Crypto Casino | Welcome Bonus Up to 1BTC
by
mv1986
on 13/07/2025, 11:49:40 UTC
@everyone who thinks KYC is only there to catch scammers, this is not the case and you mostly hear forum members talk about KYC that way when they haven't been around for very long.

Those of the members here who have been part of this forum for 5+ or 10+ years know that KYC can backfire really badly straight in your face. How many casinos shut down within a blink of an eye when they collected a lot of KYC data, how many exchanges mystically disappeared with all that data. There were casinos and exchanges on this forum that PAID you a USD bonus only for providing your KYC data. Ever thought about why they would do that?

It is a fine line and I wouldn't share KYC data with casinos or exchanges that are not clearly transparent about their own identity and licenses and the people in charge. Keep in mind you are sharing your data with ghosts in many cases only to withdraw a couple hundred bucks here and there. There are reasons why in many instances you should value your data higher than the money you think you can supposedly make.

For reference by 1miau: Why KYC is extremely dangerous – and useless

Some members here that I trust have my personal address and my phone number. Some well established casinos have my KYC. But be careful sharing it with any entity as soon as it gets just a little bit shady. Even when they seem to be professional, sometimes your first intuition is the right one. Data theft, if it really hits you hard, can destroy you.