I’m building a new crypto gambling site and I want to get a sense of how much people care about KYC.
Do you avoid sites that ask for it? Or do you not mind as long as the site is good and trustworthy?
Also, are there any gambling sites that actually handle KYC well or make it painless?
Curious to hear your thoughts.
Requiring kyc for a casino is not annoying for me to be honest. Especially if we know that a casino is regulated in which case that is also important. Unless you know that the casino is illegal
or suspicious, don't submit kyc.
There are also other casinos that are actually illegal and yet they say they are legal but in reality they are not, you know what that means and then they will still ask for kyc despite
the fact that they are illegal. So be careful when choosing a casino op.
Going back into those older years on which crypto gambling is just that starting up on which all of them arent that having that KYC requirement on which you can freely play without being known or full anonymous on which we can say that this is the main reason on why crypto gambling did become popular or famous because most of gamblers do wants that anonymity on which this is something that they cant be able to achieve when they do deal up with those traditional fiat casinos out there. Now as the years passing by and we do know that government wouldnt be wanting for these businesses to slipped into their hands then they would be imposing out those laws and regulations on which it could give out that changes when it comes on knowing those people who had been that playing into the platform. Now we are all that subject into those KYC verification on which it do really sucks specially into those people who had loved crypto gambling just because of its anonymity but since these businesses are now having these kind of changes then there's no other option for us to deal on with but to accept it out. Anything could be regulated and as long government would be able to touch it out then there would be those changes or somewhat it can be anticipated.
There are still some platforms or casinos now that doesnt ask for some KYC before you can play or make deposit on which you can still play without any issues but expect that there would be those possibilities that they might be asking out later if ever you would be having some violations or any issues towards the platform and if you cant be able to provide out such verification then your account will be blocked. This is the standard nowadays on which there would be those verifications along the way or could definitely happen. So far the only platform on which i have been that experienced on playing on needing up to verify is on Stake.com on which you would be needing up to comply with some KYC before you can make out some deposit or even making some withdrawal on which i dont know if people would be finding out to be interesting or not. Some doesnt care up that much as long the platform or company is being trusted by many or simply being credible then there would be no issues on dealing up with it.