I have said it before that the reason why some people doesn't like to associate with a gambling platforms that has to do with kyc is because they wants to review their to people, but in exchange people always complete their kyc but in gambling people always complain to have done their kyc whenever they partaking in the gambling, so what's the difference between gambling kyc and exchange kyc.i want know the reason people do not like to show their identity in gambling kyc platforms but in cryptocurrency trading exchange all the kyc or steps of kyc requirements always be completed without anything like excuse
Well if we want to consider the attitude of the users towards KYC requirements on gambling platforms and crypto currency trading exchanges, we'll have to delve into a few points to know why people are often hesitant about giving out their personal details or associate with gambling platforms/casinos that requires KYC. Most of the times, these hesitations could be due to the user's fear or concerns about how their details are being used or shared.
In crypto currency trading exchanges, users accept and complete their KYC requirements, mostly without must hesitations as part of regulatory compliance and to also ensure security and legitimacy of their transactions.