Topic: Best Country To Live In For Crypto Casinos?# (Read 286 times)

Most crypto sites and crypto casinos are like that. You can freely access them but the KYC will only surprise you by the time you made a checkout/withdrawal. This was still better though than if we are on a country like the OP have, where we can't even access the crypto sites because they are illegal.

We should only make it a habit to research first, if the crypto site is legit so that we won't lose our money, and especially our KYC because our reputation is at risk there, as someone can use or sold it and those people can use it in their illegal deeds. It's indeed that the Philippines is one of the good countries to travel or to live on. Other than what you said, the cost of living there is also cheap.

I think that as someone already said, the best option is to always look for casinos that comply with the laws of your country, when looking for a crypto casino the options in relation to the type of licenses are very limited, this means that In most cases you will see licenses issued by Curacao, which is why you have to read the casino's TOS carefully in the part about the list of restricted countries to know if your country is also on that list of restricted countries or not. In the case of my country, for example, it has very good laws for gambling, the government of my country encourages the arrival of casinos in my country, a special zone was even created for casinos with tax reduction incentives so that when the casinos come , this according to the government of my country is a measure to encourage tourism and develop my country by creating more jobs and tax revenue

but my country is a third world country and has a shitty and corrupt government and thieves, so I don't even know what someone who owns a casino would see in my country, because if I were someone rich who lived in a first world country, I I would not invest in African countries where there is a dictatorship. That's why I see the measure taken by my country's government to encourage the arrival of casinos as being a very good measure, but it would need to have an honest and democratic government to attract casino owners. If you live in a country with a shitty government that bans casinos, then you shouldn't use casinos

Doesn't having US passport open up most borders? As well as it gives a huge flexibility or doing anything money related? Just pay taxes regularly and that it is. The United States perhaps have anything one would want. And this applies to gambling perfectly. Not only person can easily travel between different states and search for specific state with gambling laws (not 100% sure, but this applies to taxes), but there is always Las Vegas. There any person can find everything they could want.

OP, I am not an expert on the legalities and the laws behind casinos asking for user verification at all, but rather than being something about the country one connects from, as far as I understand it is more rather about the jurisdiction where the casino itself operates from, also the kind of licensing is using to keep their operations afloat.
For example, a big casino which has a considerable volume of bets and gambling is more likely to catch the attention of regulators and also more likely to need a license to stay online. The license and regulators are what require casinos to comply with the gathering of information about gamblers.
As others have already said, it is part of the effort made by developed countries to halt money laundering attempts in casinos.

So in my opinion/experience, it does not matter where you live, regulated casinos will ask for your information when they believe it is convenient to keep their platform legal.

Who told you that cryptocurrencies are decentralized? Only Bitcoin and a few others are decentralized while BTC is the only one that is entirely decentralized today. Not having any kind of information about the creator of Bitcoin and their identity makes Bitcoin the one and only true decentralized cryptocurrency. And yeah, to you, it may seem a lot of stress, but those crypto casinos have to face lots of issues. This is the reason they say that it is mandatory for people to verify KYC before they can do anything.

Doesn't matter if you are using a decentralized or centralized crypto for deposit, when you are using a centralized platform, your privacy is already compromised. And day by day they are not going to remove the KYC verification, but rather those other platforms that haven't implemented this yet, they will do it in a matter of time. If you want to bet, you need to follow their rules.

It is important for a company to do such a thing. Maybe you should do a bit more research on this.

Casinos want to avoid taking the risk that there are people who carry out illegal activities and use the casino for illegal activities as well, so casinos implement KYC for their members. But in which country someone can gamble comfortably and carry out KYC and pass it easily will depend on the checks carried out by the casino. And if he never does anything suspicious, he can definitely pass KYC easily, and it won't take long. Casinos can easily find out if there are large suspicious transactions, so they will ask their users to perform KYC before processing their requests. Everyone from various countries can gamble in their respective countries and carry out KYC if requested by the casino.

Many online casinos are accepting my country and I have submitted documents to some online casinos and they all accept it so that makes my country one of the countries that are a candidate for your list, the casino will not list a country if they are not going to accept the documents the users from that country, or that casino will have a bad reputation, all countries where casinos accept in their lists will pass their KYC requirement provided that the documents that the user presented are genuine and true and issued from that country.
If you have doubts always read the terms of service if you cannot find the information you need, then ask the support to make sure that all your actions are based on the conditions and requirements they asked for.

The reason for providing kyc verification is that many times various criminal activities such as money laundering and funding of terrorist organizations are organized through gambling websites. And that's why most countries make the KYC verification term mandatory for licensing gambling websites. That's why it can be seen that most of the reputable and big casinos have verification of what happened or ask for verification in case of any big suspicious transaction. That is why you will find best countries that offer different facilities for casinos but it is difficult to avoid KYC terms.

You're conflating the requirement of asking for KYC documentation with whether that is a good country to live in, which is a bit silly. It's irrelevant where you live when it comes to KYC, as it is the legal requirement of the business to collect this detail because the financial regulator of their country wants it for financial record keeping and to stop crime. You could live in the most open country in the world and if you try to play a site that has these limitations the laws of your country mean very little. Not only that, KYC is often the only mechanism that gambling sites can use to genuinely identify multiple account abuse - they often put very generous welcome offers out there for new users but that is all calculated for genuine users and not abusers who are otherwise unidentifiable.

There could be a nuance in the rules operating on different soils and the documents too despite being dame casino since they are centralized they would have to operate based on MOU with the government of that jurisdiction on what should be requested of a user.

yeah with legit docs account verification should go smoothly, and it's good as a gambler irrespective of the country you make sure to complete account verification before deposit, due to how a bit difficult it later becomes when you have already deposited funds, won a bet, and want to make withdrawal, at this stage verification can be a bit complicated.

Nowadays, almost all the casinos are centralized though they may claim not to request for kyc when you're just created an account with them but when it gets to a certain stage of withdrawal you will then be requested to pass KYC before making withdrawal and this they do all in the name of security and avoidance of scam activities.

In fact, you can live in a country that allows gambling and accepts crypto. Regarding KYC checks, it depends on your documents. If there are no problems with your documents, you will be able to pass all the KYC checks.

As long as you upload the documents required by the casino that are yours, the casino will have no problem with it. After all, there are already many people who have done KYC and they haven't experienced any problems. Carrying out KYC has become an obligation for users so you have to follow it.

Do you want to move to that country? What if the cost of living in that country is very high? Do you still want to move there? I don't think that's a good idea because you can stay in your country and still gamble at online crypto casinos.

Let alone for crypto gambling, for some countries related to crypto alone is still and cannot be accepted, because it considers that this crypto contains uncertainty and is quite detrimental, resulting in a fatwa that this crypto is declared haram. And this causes in some countries related to gambling and sports betting sites affiliated with crypto, there are often licensing problems or geographical blocking of gambling sites, so that they cannot be accessed by users.
And if the user wants to keep accessing the gambling site, it can be done by using a VPN, but you must be careful in choosing the VPN service that you will use, because there are some VPN services that are quite dangerous because they contain elements of fraud that are trying to be used as Cyber crimes.

And related to KYC, I think for all official gambling sites will require it, because in general, related to KYC is to provide security and protection, as well as prevent user account takeover attacks.

I'd say choose a country that has a low cost of living and then pick a crypto casino that allows that specific country, that is if you really want to maximize it. If not, then really just pick any country that allows gambling. If you choose a specific casino it's rather easy to see what countries they allow to play on their site anyway. Some people recommend VPN but I'd 100% avoid it since if you get caught and banned, most likely in an instance after winning big, you'd lose all of that and you can't do jack about it.

regarding countries that legalize casinos, there are actually many. according to data from the keytocasinos website there are around 531 countries. and there are some that do block some ISPs, banks, and operators.
In the following I show only 10 countries that really free casinos there without any restrictions.

• Kosovo
• Channel Islands
• Macedonia
• Moldova
• Liechtenstein
• Andorra
• Canada
• Argentina
• Monaco
• Lesotho

But if you want to see more clearly and more completely, you can go directly to the website.
GAMBLING LAWS AROUND THE WORLD

Nowadays, the country where you live is not the problem, because you can bypass it using VPN. Even if you live in a very restricted country, if you buy a premium VPN where difficult to detect the casino software, you will have fun. As I know, the casino today is not about where you live, but the rules in another country where you must KYC and prove your identity, If it must, even you live in a country where there is enough freedom to do something, still if the casino requires you to do KYC, you must be done it.

You know, I don't think it's important which country is the best, because as long as it's legitimate and not illegal and you can gamble, it's fine for me. Because the important thing in this is that you can gamble properly and you also know what's going on.

Now, if there is anything you don't like about their Tos, you cannot gamble at their casino. I guess the decision is always up to us, right? And if it has KYC requirements and the operation and system are good, why not?

Exactly. People are now very afraid of KYC without knowing that it will protect both customers and the platform. Also, reputable crypto casinos are now requiring customers and the casino itself to implement KYC to avoid illicit activities and abuse of anomaly activities on their platforms. Also, many customers' problem is the KYC because many deposited their money on the platform and began to play, and after that, when they decided to withdraw their money and funds, the money was locked because the customer needed to pass the KYC first, which is why the problem occurred. That's why it's better to pass the KYC first before depositing money to avoid locked funds. Most countries enable access to casinos; they just need to pass the KYC to become eligible for money withdrawal. Customers or gamblers need to trust the casino requiring KYC because it will mean that they are legitimate and trusted casinos.

Malta is within the EU and is trying to set itself up as friendly towards crypto I think hence why it might have cleared access more widely in Europe.  UK being ex-eu but retaining alot of the laws and agreements anyway sounds like that is the case for the variance.

The most easy way to cope with that is to gamble at reputed and professional casino, not trying to scam their customers. Honest casinos won't ask you KYC and won't lock your funds because you're gambling from a restricted location, they will just not allow you to register, to login or to place bets from your location. And if you want to completely avoid that risk you can bet on web3 decentralized casinos.
Otherwise I think rich western countries with liberal laws are the most safe.

I can remember when I visited a casino and saw their bonus advertisement here on this form, but I was restricted from registering with the statement "We don't offer service to people from your jurisdiction." A similar statement was shown to me, and I was wondering if I should use a VPN or not, but at the end of the day, I had to abandon it and move on with my daily life activities.
 
We all see some of those restrictions on casinos from time to time, but it's not enough reason for me to relocate to a whole new country just for that. How much do I even spend on gambling? If I may ask, talk more about how much I will be spending on travel expenses and other things, all to quench my gambling test.
 
Unless, as the above commenters have mentioned, I'm a VVIP gambler who spends millions in gambling and that's where most of my income comes from, then I can give that a rethink and do more research about which place is best for me to move to.