Topic: Casinopunkz.io | Anonymous Crypto Casino | No KYC | 100% Welcome Bonus - page 4. (Read 1781 times)

In that case the term may need to be worded better to indicate that it's about network time. What's written thre can be interpreted to man the casino may be short on funds to make payments on winnings, so the user will have to wait for an undetermined period of time.

This could pass the wrong message to users.

The crypto business is growing, and so adoption going mainstream requires compliance with government rules and regulations just like any other legal business. They can't escape from this legal requirement. Hence, we should expect that every legal crypto entity will require certain type of KYC protocol.

But for those platforms which are not implementing kyc because as you said, either decentralized or not licensed, there will be risks that people will need to think about. However, such risks are also present with licensed platforms. It is just that, the person has better chances of his legal battles if the platform is licensed because he can pursue the fight and remove the license of that site. However, we all know that route is quite tedious and can be expensive.

This could be a solid option, especially for those Stake gamblers who are now searching for a new platform with the year-end deadline for compliance looming. It seems like this is becoming the norm, eventually, all casinos, no matter how they advertise being "no KYC," will likely require it. They simply won’t have a choice if their licensing providers mandate it, and following those orders is crucial since a license is the lifeblood of the business.

The day might come when the only real no-KYC options left are decentralized or unlicensed casinos. But those come with their own risks, especially for high rollers regularly dealing with big amounts of money. It's a trade-off between privacy and security.

This could be a solid option, especially for those Stake gamblers who are now searching for a new platform with the year-end deadline for compliance looming. It seems like this is becoming the norm, eventually, all casinos, no matter how they advertise being "no KYC," will likely require it. They simply won’t have a choice if their licensing providers mandate it, and following those orders is crucial since a license is the lifeblood of the business.

The day might come when the only real no-KYC options left are decentralized or unlicensed casinos. But those come with their own risks, especially for high rollers regularly dealing with big amounts of money. It's a trade-off between privacy and security.

So let see how long they can make this No KYC thing last long and its better for people to be aware that certain requirements like this will be asked in future. They should rely to much on No KYC thing said since for sure later on if this casino will became a big one they will be hit by regulate and for sure that they won't get any choice but to implement this on their casino so that they can comply on what has been asked them to do by regulators.

For now if people don't want KYC then enjoy what this casino could offer to them.

KYC is already mandatory in most of the casinos and exchanges. Those gambling sites or exchanges that are not yet KYC-enforced, either operate from a region where they can survive without following the local and global guidelines on KYC or they are very new. You cannot operate a casino without KYC for a long duration where the regulations are strict otherwise your business may end forcefully by the law enforcement agencies. It's very rare to see some casino operations without KYC and unfortunately, those are the ones where are lot of irregularity exists too 

It will become mandatory KYC on cryptocurrency exchanges, and cryptocurrency casinos. Governments will do things they want, with power and laws exist to serve their governance. For example in UK, you can be imprisoned for many ironic reasons like posting a memes, critics on social media. In future, KYC will become more popularly in exchanges and casino as their mandatory policy against their users, but to satisfy demands from governments.

The point is that governments force casinos to have a license and comply with KYC, and they do this for physical casinos. So it would be very strange if all physical casinos were required to have a license and comply with KYC but online casinos were not required to comply with KYC and were not required to have a license. The Internet is not an isolated world in which government laws do not work.

That is why in my opinion this casino, as well as all casinos in the future, will require mandatory KYC. The sooner we all get used to KYC, the better, because that way we avoid being fooled by casinos that promise not to ask for KYC but in months or years will start asking for KYC.

At Casinopunkz.io, we maintain a strict no-KYC policy, ensuring that no documents are requested for withdrawals, as long as the gambling behavior is non-fraudulent. This applies to both small and large wins. Our goal is to provide a seamless and transparent experience for all our users.

I will join members of this great platform in welcoming your presence here, It is nice having you. As a new casino, I believe you will have to stand out from the crowd on rendering unique services different from others and here you really had a good one for that by being a KYC free casino.

However, I am also curious to ask you this question pertaining to your KYC free because we've had this experience in the past were a casino would claim to not be interested in KYC but after a while, they would start demanding for KYC from their customers which indirectly means that they tricked people at the beginning of their launch to get the crowd because they already know that people would be interested and after they had deposited, they  did otherwise leaving customers in a shock.
If you tell us you are KYC free now, do you plan doing KYC in the future? What if the government of your local jurisdiction request for such do you plan to impose it on customers to do a mandatory KYC.

The UI looks really slick! I’ve been browsing the site but haven’t created an account yet.... I’m just curious if you’re planning to add a sports betting option to the casino, that would be a great addition.

Also, I noticed you’ve got a signature campaign coming up, which is a smart move. Just having an announcement thread might not be enough to reach a wider audience in the forum. Best of luck with everything, and welcome to the forum!

Welcome to the forum @casinopunkz, I'm amazed with your Retro UI because it looks nice. At least not many retro themed casinos out there so it can be a good branding for your business that makes you different from the others. No doubt that UI/UX alone is not enough to attract new customers so you also need to have much more interesting offers for your customers. Currently there is only 1 available promotion and 1 tournament on your casino.

The promotion is 100% deposit bonus, unfortunately it comes with 40x wagering requirement (deposit + bonus) so basically it is 80x of the deposit. Isn't it too high wagering requirement? Usually wagering requirement is applied to the bonus or the deposit amount only, I think need to review your deposit bonus terms and consider to make a change. While the tournament is a multiplier contest with 1000EUR prizepool but the minimum bet to be eligible is too big imho (1EUR) but looking at the finished tournament, I'm surprised to see that all the winners are with less than 60x multiplier. Even less than 10x won the 3rd to 5th prize, it seems that currently you dont have enough players but it is reasonable since you are still new casino.

Coming up to the "no KYC" discussion above, I agree with most members here. It is better for you to remove the marketing gimmick because in the reality you have the right to ask KYC at anytime. I know that you use it to attract customers but I believe potential customers will be preferred to read real fact (not just gimmick).

The processing time for cryptocurrency withdrawals is determined by blockchain transaction times, which can vary depending on network congestion. While we strive to process transactions as quickly as possible, the time required is ultimately influenced by the blockchain’s current load.

Welcome to the forum!

I have a question regarding the geographical restriction specifically "the United States sanction or watch lists, Russian Federation sanction or watch lists, European Union sanction or watch lists, Other global sanctions or watch lists.". I just want to be sure that apart from the countries that are on your restricted list, all the countries sanctioned or on the watchlist countries/organizations I mentioned are also restricted on your gambling site. anyway, that seems like a lot of restricted countries. are you guys planning on creating a mirror website to cater to the countries on your restricted list to broaden your target audience?

The website design looks nice and I like that Lightning network is supported, I want to see more casinos support that for users looking for that option.

I need clarification on a part of the terms that says the casino reserves the right to delay withdrawal in a case of cryptocurrency shortage
Is there a maximum time it can take for the transaction to be processed?

Casinopunkz.io I am joining other members to say welcome to the bitcointalk community and we hope you guys have plans to stay for a long time to gain ground in the market in this community just like every other already existing casinos.

Also, about No KYC, does this also applies to huge wins? Because there have been times some casinos would make it obvious that they're KYC free but when a customer wins some huge amount it happens that they request for certain documents before withdrawal could be granted. So what do Casinopunkz.io think about this?

Hey, will you offer sportsbetting too soon ?

The No KYC feature is great, but it can be misused by people to mix their coins.

Many people love privacy that is basic human rights and nowadays, there are less and less no-KYC platforms from centralized exchanges to gambling sites to use.

Why KYC is extremely dangerous – and useless

With more and more regulations on Bitcoin, cryptocurrency and online gambling industries, do you imagine that someday your platform will have to obey to KYC/AML and enforce KYC on your platform?

I'm not op but metawin.com has an Anjouan license as well.

TBH, I wasn't aware of Anjouan gaming license until Skel -- metawin CEO -- brought it up but I believe we'll likely be seeing more casinos with Anjouan license. From what he has told us, they are more welcoming to web3 tech hence why he made the move from Curacao GCB license.

There's also evo.io. Well, they're pretty new so some might say, they're not at reputable level yet but I believe it's very promising and team has a good direction as well.

You’ve raised a good point about the No KYC feature. While it’s designed for privacy, we’re taking steps to minimize any potential misuse.