Sadly, gone are the days wherein crypto service and platforms are anonymous. Bitcoin's popularity, alongside its rise in value over the years contributed to these platforms getting heavily regulated and kept track by the authorities. There's also not much casino operators do with the regulations, because if they don't comply, they will be the ones under the microscope of the authorities.
We're clearly heading towards KYC in every online service, it appears. At this point, the best thing to do is limit what information you give out to the services or platforms you're planning to use. DEX gambling sites are still yet to appear, unfortunately. If there are any that exists right now, they aren't as secure or as reliable as the centralized casinos that we play in right now.
Topic: Can we still truly achieve anonymous gambling in crypto? - page 6. (Read 925 times)
Crypto has been known for anonymity. During the early stage, we like to promote it using the words "decentralized" and "anonymous ", and it's the main reason why a lot of gamblers have chosen to gamble using crypto to gain full privacy...
This is not actually the main reason. Majority of gamblers choose crypto gambling cause it allows smoother deposits without barriers. You do not need to bother about what local currencies are accepted and what payment options they use.Freedom would be the secondary reason and anyone who really wants that has some options they can explore.
- Jay -
Well, I have also chosen crypto and use the crypto casino because I feel that they offer me a good way to have privacy and anonymity, so I believed that with that no one was going to supervise me, even at the moment where I am there are no taxes that are imposed using crypto casino or using bitcoin, but it is better to avoid these types of things, what I think is that now there is no longer any privacy or anonymity, and the KYC wants us to have that right and not to mention using the privacy measures that the majority does not even There are in the exchanges, then it is difficult, now it is due to decentralized wallets and casinos, this reason is enough for us to begin to believe that we need urgent editions to be able to make or play in a casino.
When we are in any casino what we are looking for is security, not that we deposit and then take the surprise that to withdraw they require a very radical KYC.
Crypto has been known for anonymity. During the early stage, we like to promote it using the words "decentralized" and "anonymous ", and it's the main reason why a lot of gamblers have chosen to gamble using crypto to gain full privacy, but it seems like things have really change a lot now as gamblers are looking for a casino that are licensed while some casinos who promotes anonymous gambling eventually act like a fiat casino that requires KYC.
What do you think about this one, where is are we heading? And can we still consider crypto casino different from fiat casino?
What do you think about this one, where is are we heading? And can we still consider crypto casino different from fiat casino?
Crypto and gambling "rules" aren't any different than fiat in terms of compliance. The part that differs is access. Since crypto is a universal currency if you find a casino you trust that's based in a location that doesn't require kyc than I guess you can use it. But for me I comply with any laws regardless. You need to report for tax purposes etc so for me I don't think so no. Amd if a site didn't require it and not located in a place where I can gamble I wouldn't use that site either.
It is an "all roads lead to Rome" route. (Rome xKYC)
Casinos without KYC will still exist, but they will be a rarity, and therefore surely not all of them legitimately serve good intentions.
On the other hand, one of the great advantages will be the size of the bet, Fiat casinos will not be able to handle this, since their minimum bet is $0.01 and in very few casinos.
Then there is the PF, which could well be the first thing to name, then the deposits in crypto currency.
Casinos without KYC will still exist, but they will be a rarity, and therefore surely not all of them legitimately serve good intentions.
On the other hand, one of the great advantages will be the size of the bet, Fiat casinos will not be able to handle this, since their minimum bet is $0.01 and in very few casinos.
Then there is the PF, which could well be the first thing to name, then the deposits in crypto currency.
Crypto has been known for anonymity. During the early stage, we like to promote it using the words "decentralized" and "anonymous ", and it's the main reason why a lot of gamblers have chosen to gamble using crypto to gain full privacy...
This is not actually the main reason. Majority of gamblers choose crypto gambling cause it allows smoother deposits without barriers. You do not need to bother about what local currencies are accepted and what payment options they use.Freedom would be the secondary reason and anyone who really wants that has some options they can explore.
- Jay -
It seems difficult and I think crypto is also not anonymous at the moment so in my opinion there is actually no difference now between crypto casinos and fiat casinos
How about the decentralized casinos? You might not have used one of them to gamble before but you do not need to go for KYC before you gamble on those casinos, but in the futures there is possibility of requesting for KYC. I can still understand you. You mean the centralised casinos. Most people even prefer to go for KYC nowadays and that some fiat casinos are supporting crypto now while some crypto casinos are also supporting fiat which is bridging both together. But crypto is still better because it is not centralised like fiat, this makes foreign casinos to be easily accessible than fiat casinos. There a still some crypto casinos which do not require KYC. The most ones are small ones. Established crypto casinos which mostly also sponser clubs and events fall under regulation. Of cource, they were once associated with anonymity and decentralization but the industry has evolved, and many now prioritize licensing and KYC regulations. This shift has led some to question whether crypto casinos are still distinct from fiat casinos. However, the use of blockchain technology and cryptocurrencies can still provide transparency and security benefits that are unique to the crypto space. The future of crypto casinos will likely involve a balance between regulatory compliance and the preservation of these advantages.
As technology develops recently then casinos have to comply with the regulations that have been set for the obligations of each casino platform, although casinos provide crypto services but casinos are not completely decentralized but depend on agreed regulations, so we have no choice to gamble in established casinos and we be willing to verify your KYC account unless you choose another casino that cannot get reputable and trustworthy reviews. All decisions regarding KYC depend on each individual but I choose established casinos even though they require KYC verification. 
Crypto has been known for anonymity. During the early stage, we like to promote it using the words "decentralized" and "anonymous ", and it's the main reason why a lot of gamblers have chosen to gamble using crypto to gain full privacy, but it seems like things have really change a lot now as gamblers are looking for a casino that are licensed while some casinos who promotes anonymous gambling eventually act like a fiat casino that requires KYC.
What do you think about this one, where is are we heading? And can we still consider crypto casino different from fiat casino?
What do you think about this one, where is are we heading? And can we still consider crypto casino different from fiat casino?
- Of course, when you say anonymous, it means that casino gambling is a decentralized platform. We are the ones fully in control of the crypto assets that we will enter, unless we lose
the fund that we have that we connect to by playing gambling.
Also, in DEX gambling, the fight that is given to gamblers seems to be fair because you can feel that there is no manipulation happening; it is just my opinion that is being said here.
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What do you think about this one, where is are we heading? And can we still consider crypto casino different from fiat casino?
The main thing is to us. Now if I tell you what are the first things to notice when choosing a website for gambling? I know most of the answers will be that the casino must have a certificate from a good organization and must be a reputable casino. And to be a reputable casino, they must have a good certificate and when a casino goes for licensing, they must have kyc verification if they follow the laws of gambling organizations, otherwise they will not get a license. Because many times decentralized casinos that do not require KYC verification provide money laundering and terrorist funds.What do you think about this one, where is are we heading? And can we still consider crypto casino different from fiat casino?
From my point of view I would say that there are still many reputable casinos in the forum who do not ask kyc verification but if they see any suspicious activity they ask KYC verification. We can keep these casinos in our list if we want.
Crypto has been known for anonymity. During the early stage, we like to promote it using the words "decentralized" and "anonymous ", and it's the main reason why a lot of gamblers have chosen to gamble using crypto to gain full privacy, but it seems like things have really change a lot now as gamblers are looking for a casino that are licensed while some casinos who promotes anonymous gambling eventually act like a fiat casino that requires KYC.
What do you think about this one, where is are we heading? And can we still consider crypto casino different from fiat casino?
What do you think about this one, where is are we heading? And can we still consider crypto casino different from fiat casino?
There a still some crypto casinos which do not require KYC. The most ones are small ones. Established crypto casinos which mostly also sponser clubs and events fall under regulation. Of cource, they were once associated with anonymity and decentralization but the industry has evolved, and many now prioritize licensing and KYC regulations. This shift has led some to question whether crypto casinos are still distinct from fiat casinos. However, the use of blockchain technology and cryptocurrencies can still provide transparency and security benefits that are unique to the crypto space. The future of crypto casinos will likely involve a balance between regulatory compliance and the preservation of these advantages.
Crypto has been known for anonymity. During the early stage, we like to promote it using the words "decentralized" and "anonymous ", and it's the main reason why a lot of gamblers have chosen to gamble using crypto to gain full privacy, but it seems like things have really change a lot now as gamblers are looking for a casino that are licensed while some casinos who promotes anonymous gambling eventually act like a fiat casino that requires KYC.
What do you think about this one, where is are we heading? And can we still consider crypto casino different from fiat casino?
Yes, it used to be said that way, although there are still some casinos that do not enforce KYC like web3 casino for example, but that is a barrier about user protection, we know that no casino is completely decentralized will affect user confidence in the casino, because with the physical form of the company, it is necessary to regulate casino operations by the government for a company. What do you think about this one, where is are we heading? And can we still consider crypto casino different from fiat casino?
So in the end this will have the same basis as FIAT casinos, in addition to the trust of KYC is also an effort to eliminate money laundering from irresponsible parties, so it will certainly be like FIAT casinos in general if the regulations are like that.
Some people do not like fiat casino because of slow withdrawal time. It is fast on local casinos but slow on foreign casinos. Just like bet365, it takes almost or more than 2 weeks for their wire transfer and my country have only that option in it to withdraw. Because of this, I prefer the crypto casinos which process my transaction in just few minutes.
Some crypto casinos do not require KYC for low transactions and also there are web3 casinos that requires no KYC but I have not bet on web3 casinos before.
Sincerely speaking most physical casinos have fast withdrawal and deposits processing, some of them here in my country have their casinos payment implemented into some banks apps that way the transactions between my banks and the casino is at a lightening spead, I have never experienced any transactions delay before on all the traditional casinos that I am using.Some crypto casinos do not require KYC for low transactions and also there are web3 casinos that requires no KYC but I have not bet on web3 casinos before.
All though there may be instances that some other gamblers could experience a delay in theirs transactions I can't outrighly make comments for other fiats casinos, I think the major challenge is in the area of kyc although we still have some physical casinos that demands only email and phone verifications which is still a tier 1 verifications.
Nowadays, it is difficult to find a casino that still allows gamblers not to have to do KYC. But if our goal in gambling is just to have fun, it looks like we can still get that.
By depositing a small amount of money, we can gamble and don't need to do KYC. But when we get a win, whether it's a big win or a small win, at that time the casino will ask us to do KYC.
Crypto casinos are still different from fiat casinos with all their advantages and disadvantages. But we also have to follow the regulations made by the casino because casinos are also under the supervision of regulators.
Hopefully, there are still casinos that are not too strict in implementing KYC for all their members, especially those who gamble with only small amounts of money.
By depositing a small amount of money, we can gamble and don't need to do KYC. But when we get a win, whether it's a big win or a small win, at that time the casino will ask us to do KYC.
Crypto casinos are still different from fiat casinos with all their advantages and disadvantages. But we also have to follow the regulations made by the casino because casinos are also under the supervision of regulators.
Hopefully, there are still casinos that are not too strict in implementing KYC for all their members, especially those who gamble with only small amounts of money.
What do you think about this one, where is are we heading? And can we still consider crypto casino different from fiat casino?
Likewise, gamblers who were previously comfortable with the anonymity of crypto casinos finally had to be forced to carry out KYC verification to be able to play at trusted casinos.
We cannot view this shift as something that is the same between crypto casinos and fiat casinos. Some gamblers have their views on why they choose crypto casinos over fiat casinos apart from their obligation to carry out KYC.
What do you think about this one, where is are we heading? And can we still consider crypto casino different from fiat casino?
The current model is doing great and well accepted by the gambling community, it protects both the platform and the players, we may not be anonymous in gambling totally because the regulators ask for compliance for the Cryptocurrency casino to smoothly run their platform, so why fix it if it's not broken?
There are still contract-based gambling platforms that are worth exploring if you value your privacy when gambling, but they are not popular compared to the accepted platforms so you will to research the safety of playing on these platforms.
It seems difficult and I think crypto is also not anonymous at the moment so in my opinion there is actually no difference now between crypto casinos and fiat casinos, I also actually don't really like casinos that have a license let alone require users to send their identity to make a withdrawal, that's clear Very detrimental to privacy, but this is where it comes back to the views of each average gambler. I admit that many gamblers prefer casinos that are not anonymous. But even if there is an anonymous site, it certainly won't operate for long because of course there will be demands from the local government.
I actually also want to play on anonymous sites where maybe I can gamble, make deposits and withdrawals without having to send my identity just to do it, but the fact is that circumstances force us to now where there may not be many crypto casinos that are active enough for long now. Well, I've never tried playing there either, but if a lot of gamblers play and switch there, I might try it, if we're talking about anonymous crypto casinos we should also see that crypto isn't anonymous now either.
I actually also want to play on anonymous sites where maybe I can gamble, make deposits and withdrawals without having to send my identity just to do it, but the fact is that circumstances force us to now where there may not be many crypto casinos that are active enough for long now. Well, I've never tried playing there either, but if a lot of gamblers play and switch there, I might try it, if we're talking about anonymous crypto casinos we should also see that crypto isn't anonymous now either.
Ah directbet, yes this was the gold standard for crypto gamblers 
Nowadays, true anonymous crypto gambling can exist but only on certain major events or at least with adapted odds also edging with other bookmakers.
I believe it is almost impossible to manage the risk of a rigged match in a market with little liquidity/minor event.
Either a large bookmaker emerges capable of managing such large operations/risks or you have to turn to providers who offer p2p betting or odds exchange.
Nowadays, true anonymous crypto gambling can exist but only on certain major events or at least with adapted odds also edging with other bookmakers.
I believe it is almost impossible to manage the risk of a rigged match in a market with little liquidity/minor event.
Either a large bookmaker emerges capable of managing such large operations/risks or you have to turn to providers who offer p2p betting or odds exchange.
Yes we still have gambling sites that supports anonymity. But it depends on what you define as anonymity. I won't go for a gambling site that would require me to have my passport, drivers licence, or any personal identity card before I can be registered, that would be too much information for just KYC.
But I don't mind if you require my email or phone number that to me is not bad provided that the site would protect any information of mine that I would provide to them. I believe we should be careful how we give out some sensitive information of ours to gambling sites, amongst the reasons I choose gambling sites that supports crypto-currency was to reduce my information being out their as much as possible.
But I don't mind if you require my email or phone number that to me is not bad provided that the site would protect any information of mine that I would provide to them. I believe we should be careful how we give out some sensitive information of ours to gambling sites, amongst the reasons I choose gambling sites that supports crypto-currency was to reduce my information being out their as much as possible.
No, because every legal crypto casino will require every player to carry out KYC and that is mandatory based on the laws and regulations where the casino license is issued.
But in reality, there are still many casinos that only ask for KYC if it is only necessary because they know that if they apply the strict KYC rules - their customers might move to another casino that is not so strict with its KYC rules.
Also many people suggest to play at decentralized casinos if we want to protect our identity, but in reality any decentralized casinos can still request KYC if necessary, its not 100% anonymous.
But in reality, there are still many casinos that only ask for KYC if it is only necessary because they know that if they apply the strict KYC rules - their customers might move to another casino that is not so strict with its KYC rules.
Also many people suggest to play at decentralized casinos if we want to protect our identity, but in reality any decentralized casinos can still request KYC if necessary, its not 100% anonymous.
Third-party casinos are the only option that we have now, because one can rely on them as they have their license from the government and they are regulated. The world has moved into a new Era which is technology and crypto is the lastest currency on board. This is why most people got attracted by the crypto casinos, because withdrawal is fast. People nowadays might not trust a no KYC casino to withdraw funds when they win big, because it might end up that they would not pay you. Even in a centralized crypto casino, when you win big, you must provide them with KYC. KYC is important, if you must gamble and gamblers have known this, and they are cool with it. As long as they can gamble with cryptocurrency and win big without withdrawal issues. The government owns the country so you must abide to their terms and conditions to get your casino approved by them.
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