Author

Topic: Duelbits.com | Casino & Sportsbook | VIP | Instant withdrawals! - page 232. (Read 113807 times)

full member
Activity: 1834
Merit: 166
Do we also need to give proof for the Instagram follow or simply follow it and have the duelbits account? This is really big giveaway and whosoever is lucky will get that $10k from your side so hopes are high this time also and will see who gets this lucky opportunity to made his day.Is there any time limit for the same?
legendary
Activity: 2954
Merit: 1155
Leading Crypto Sports Betting & Casino Platform
Duelbits is delighted to be the Official Betting Partner of KSI vs Swarmz & KSI vs Pineda.
Two fights in one night, so what better way to celebrate than with a $10,000 giveaway hosted by Deji!
Make sure to follow the required steps to be eligible.
1. Create a duelbits.com account
2. Follow
@Duelbits on Instagram https://www.instagram.com/duelbits/?hl=en
One lucky winner will win $10,000!
Fancy a bet on KSI? Check out odds here!
https://duelbits.com/sportsbook/boxing/match/35542637-Olatunji-Olajide-vs-Scott-Brandon

Other big news and good achievement Duelbits, but why do we only have 1 winner $ 10,000 for 3 winners is not a bad idea right  Cheesy
But yes this is just a suggestion that the decision remains on the duelbits and we are waiting for other attractive promos
copper member
Activity: 245
Merit: 145
https://duelbits.com
Duelbits is delighted to be the Official Betting Partner of KSI vs Swarmz & KSI vs Pineda.
Two fights in one night, so what better way to celebrate than with a $10,000 giveaway hosted by Deji!
Make sure to follow the required steps to be eligible.
1. Create a duelbits.com account
2. Follow
@Duelbits on Instagram https://www.instagram.com/duelbits/?hl=en
One lucky winner will win $10,000!
Fancy a bet on KSI? Check out odds here!
https://duelbits.com/sportsbook/boxing/match/35542637-Olatunji-Olajide-vs-Scott-Brandon
legendary
Activity: 2982
Merit: 1028
Everyone is concerned with their privacy and you need to submit your documents along with your selfies also holding the identity document which could be serious problem if something bad happens in future so people don't want to go through the same.We have seen many hacks and your information can be used in illegal works so being anonymous is priority of many.

This is why we should be wary on what platforms we submit our private information. We can't really avoid these KYC regulations because AMLC require those information and gambling websites also need to protect their business from criminals that will use their platform for illegal activities. We should just chose a reputable gambling website on doing KYC verification because they have less risk of being hacked.

All will be decided by the gambler when they truly trusting the casino. They will not be worried about

submitting their private information, KYC for doing business with the casino nowadays is something that you needed to comply
though not just a casino, but also exchange who needs to ask for verification to complete.

You need to be more selective and make sure that you are done with doing your research, even though we can't do anything in
cases like hacking, as those private info can be leaked out from the black-market.
hero member
Activity: 952
Merit: 662
Every KYC rules to avoid AML but you should be selective to use top reputable casino platforms and we should avoid KYC for new casinos even though they offer high signup bonuses. I think before KYC officially applies to every casino player, the casino team should educate the purpose of KYC through videos so that users don't have negative assumptions about KYC verification.
Is there anyone really worried to do KYC verification? most of them only lazy enough to complete it and they're don't care anything since there's no one of their family have suffer of illegal use of their KYC. It's like someone asking you to pay the loan while you never ask a loan or someone force you to go jail since you're breaking a law etc. I think we're live in where a privacy already get exposed everyday.
hero member
Activity: 2282
Merit: 589
This is why we should be wary on what platforms we submit our private information. We can't really avoid these KYC regulations because AMLC require those information and gambling websites also need to protect their business from criminals that will use their platform for illegal activities. We should just chose a reputable gambling website on doing KYC verification because they have less risk of being hacked.
Every KYC rules to avoid AML but you should be selective to use top reputable casino platforms and we should avoid KYC for new casinos even though they offer high signup bonuses. I think before KYC officially applies to every casino player, the casino team should educate the purpose of KYC through videos so that users don't have negative assumptions about KYC verification.
legendary
Activity: 2884
Merit: 1117
While there is a certainly a lot of debate over the benefits and downsides of governmental tracking of personal information such as names, addresses, etc. (particularly in terms of its implications for user privacy), the need for KYC must be balanced against the right to privacy. As such, it's important to ensure that KYC regulations are as minimal as possible while still providing enough data for financial institutions to effectively do their jobs. In the case of cryptocurrency casinos, the companies are required to verify user's identities in order to comply with KYC/AML laws. However, there is a growing demand for more privacy-oriented casinos that do not require any personal information from their users.

Ultimately, it's likely going to end up being a mix of both. Complete anonymity may be impossible in the near future as cryptocurrency casinos and other related companies require some degree of individual identification in order to comply with KYC/AML laws. On the other hand, a more private-oriented casino run on blockchain technology might be able to provide an alternative for those who feel strongly about privacy.
That is a very very tough thing to balance. Like maybe instead of having all of our KYC, we could have like some sort of database of "criminals" which means we could give some ID number of us or whatever and then we would compare that with the criminal database and if we are not criminals then we wouldn't have to do the whole KYC thing with pictures and what not.

If you are worried that criminals wouldn't give their ID, then you should realize that they won't give their KYC neither to begin with lol. I mean if I killed someone or dealt drugs or whatever bad thing I did, you really think it could be caught on KYC? No way, that doesn't make sense at all to me for sure.
hero member
Activity: 2366
Merit: 594
Everyone is concerned with their privacy and you need to submit your documents along with your selfies also holding the identity document which could be serious problem if something bad happens in future so people don't want to go through the same.We have seen many hacks and your information can be used in illegal works so being anonymous is priority of many.

This is why we should be wary on what platforms we submit our private information. We can't really avoid these KYC regulations because AMLC require those information and gambling websites also need to protect their business from criminals that will use their platform for illegal activities. We should just chose a reputable gambling website on doing KYC verification because they have less risk of being hacked.
full member
Activity: 1834
Merit: 166
Maybe we are not there yet, but I think in the future , trying to avoid gambling platforms with KYC can be dangerous. Scammers will be trying to exploit this, almost irrational, fear of losing privacy, offering platforms with no KYC.
All require the process of implementing KYC regulations like in previous exchange platforms, everyone refuses to provide personal data but when the top exchange raises the status of the obligation to verify KYC to access deposits and withdrawals, the other alternative is to just trade on other lower volume exchanges. So gambling platforms must ensure that KYC is harmless and will not be misused for negative purposes, ensure that user data can be encrypted and stored in external data (not online) to increase the security system from hackers.
While I have no doubt that a lot of people do not really like to comply with know your customer regulations out of principle, because they do not think that they are doing anything that would require for them to go through that process, I'm sure there are many people that do not like the idea of those policies because of the huge amount of hacks that we have seen over the years.

Businesses ask for all kind of personal details with the excuse that they have to do it but they do not take the time to secure that data, get hacked and now hackers all over the world have access to it and there is nothing you can do about it, so if any business is going to ask for that kind of information they better make sure they do everything they can to protect their customers from a security threat like that.
Everyone is concerned with their privacy and you need to submit your documents along with your selfies also holding the identity document which could be serious problem if something bad happens in future so people don't want to go through the same.We have seen many hacks and your information can be used in illegal works so being anonymous is priority of many.
hero member
Activity: 2954
Merit: 796
Maybe we are not there yet, but I think in the future , trying to avoid gambling platforms with KYC can be dangerous. Scammers will be trying to exploit this, almost irrational, fear of losing privacy, offering platforms with no KYC.
All require the process of implementing KYC regulations like in previous exchange platforms, everyone refuses to provide personal data but when the top exchange raises the status of the obligation to verify KYC to access deposits and withdrawals, the other alternative is to just trade on other lower volume exchanges. So gambling platforms must ensure that KYC is harmless and will not be misused for negative purposes, ensure that user data can be encrypted and stored in external data (not online) to increase the security system from hackers.
While I have no doubt that a lot of people do not really like to comply with know your customer regulations out of principle, because they do not think that they are doing anything that would require for them to go through that process, I'm sure there are many people that do not like the idea of those policies because of the huge amount of hacks that we have seen over the years.

Businesses ask for all kind of personal details with the excuse that they have to do it but they do not take the time to secure that data, get hacked and now hackers all over the world have access to it and there is nothing you can do about it, so if any business is going to ask for that kind of information they better make sure they do everything they can to protect their customers from a security threat like that.

This is true and worst was data being sold to other company for marketing purposes. There’s a lot of news about this before that company selling costumer data so that they can send emails on it for promotion.Hacking can happened on any website in fact government website is always prone to this so I understand if company made some mistakes like security breach because it’s really possible online but selling our KYC info is the worst nightmare that everyone wants to avoid especially if t he owner itself is the one who’s committing this action.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
Maybe we are not there yet, but I think in the future , trying to avoid gambling platforms with KYC can be dangerous. Scammers will be trying to exploit this, almost irrational, fear of losing privacy, offering platforms with no KYC.
All require the process of implementing KYC regulations like in previous exchange platforms, everyone refuses to provide personal data but when the top exchange raises the status of the obligation to verify KYC to access deposits and withdrawals, the other alternative is to just trade on other lower volume exchanges. So gambling platforms must ensure that KYC is harmless and will not be misused for negative purposes, ensure that user data can be encrypted and stored in external data (not online) to increase the security system from hackers.
While I have no doubt that a lot of people do not really like to comply with know your customer regulations out of principle, because they do not think that they are doing anything that would require for them to go through that process, I'm sure there are many people that do not like the idea of those policies because of the huge amount of hacks that we have seen over the years.

Businesses ask for all kind of personal details with the excuse that they have to do it but they do not take the time to secure that data, get hacked and now hackers all over the world have access to it and there is nothing you can do about it, so if any business is going to ask for that kind of information they better make sure they do everything they can to protect their customers from a security threat like that.
sr. member
Activity: 2422
Merit: 357
I think that is one of the main concerns of individuals who doesn't want to provide their KYC in any services. Just like what we have heard horror stories in the past years wherein KYC was asked by the exchanges and then they don't know how to protect it as the data has been stolen. EU for example have this one:

https://ec.europa.eu/info/law/law-topic/data-protection/data-protection-eu_en

But so far though, I haven't heard any crypto gambling platform being hacked or our data being leaked. And hopefully there are storing those data of their customers in a safe place and one of reach by anyone.
We cannot sure about the safety of our data and it’s good that Duelbits still free from KYC though it can still be asked later on but I’m confident that we can be more secured with Duelbits. Thought the concern is the safety which is I understand why, let’s just hope for the best and hoping that any crypto gambling site will protect our data to the highest security, this is a big concern for everyone.
Any gambling site can ask for a KYC especially if your account get flagged, either you comply or abandoned your account that is your choice. Security will always be the top concern of everyone and in gambling we all know our private data is very important. Even though there’s no incident yet about gambling getting hacked, there’s still a possibility for this, that’s why the site should also invest on a high security system so they retain their players.
full member
Activity: 2128
Merit: 180
Maybe we are not there yet, but I think in the future , trying to avoid gambling platforms with KYC can be dangerous. Scammers will be trying to exploit this, almost irrational, fear of losing privacy, offering platforms with no KYC.
All require the process of implementing KYC regulations like in previous exchange platforms, everyone refuses to provide personal data but when the top exchange raises the status of the obligation to verify KYC to access deposits and withdrawals, the other alternative is to just trade on other lower volume exchanges. So gambling platforms must ensure that KYC is harmless and will not be misused for negative purposes, ensure that user data can be encrypted and stored in external data (not online) to increase the security system from hackers.

I think that is one of the main concerns of individuals who doesn't want to provide their KYC in any services. Just like what we have heard horror stories in the past years wherein KYC was asked by the exchanges and then they don't know how to protect it as the data has been stolen. EU for example have this one:

https://ec.europa.eu/info/law/law-topic/data-protection/data-protection-eu_en

But so far though, I haven't heard any crypto gambling platform being hacked or our data being leaked. And hopefully there are storing those data of their customers in a safe place and one of reach by anyone.
We cannot sure about the safety of our data and it’s good that Duelbits still free from KYC though it can still be asked later on but I’m confident that we can be more secured with Duelbits. Thought the concern is the safety which is I understand why, let’s just hope for the best and hoping that any crypto gambling site will protect our data to the highest security, this is a big concern for everyone.
hero member
Activity: 2842
Merit: 772
Maybe we are not there yet, but I think in the future , trying to avoid gambling platforms with KYC can be dangerous. Scammers will be trying to exploit this, almost irrational, fear of losing privacy, offering platforms with no KYC.
All require the process of implementing KYC regulations like in previous exchange platforms, everyone refuses to provide personal data but when the top exchange raises the status of the obligation to verify KYC to access deposits and withdrawals, the other alternative is to just trade on other lower volume exchanges. So gambling platforms must ensure that KYC is harmless and will not be misused for negative purposes, ensure that user data can be encrypted and stored in external data (not online) to increase the security system from hackers.

I think that is one of the main concerns of individuals who doesn't want to provide their KYC in any services. Just like what we have heard horror stories in the past years wherein KYC was asked by the exchanges and then they don't know how to protect it as the data has been stolen. EU for example have this one:

https://ec.europa.eu/info/law/law-topic/data-protection/data-protection-eu_en

But so far though, I haven't heard any crypto gambling platform being hacked or our data being leaked. And hopefully there are storing those data of their customers in a safe place and one of reach by anyone.
legendary
Activity: 1624
Merit: 2594
Top Crypto Casino

KYC has been major concern in the crypto space because people want to be anonymous so they were playing in this crypto world but then under the AML policies and all that stuff KYC was implemented <>
KYC is implemented much broader in today's settings. This is because these entities (crypto casinos) do wants to get licensed,  hence it will be regulated by a governing body, another domino effect is the KYC implementation. I must say that now I have more trust on casinos that has legitimate license than those that do not own any. You can't chase and lawsuit those casinos which you do not even know if ever you will be in the scenario in which you haven't paid, fooled, cheated, etc.

While there is a certainly a lot of debate over the benefits and downsides of governmental tracking of personal information such as names, addresses, etc. (particularly in terms of its implications for user privacy), the need for KYC must be balanced against the right to privacy. As such, it's important to ensure that KYC regulations are as minimal as possible while still providing enough data for financial institutions to effectively do their jobs. In the case of cryptocurrency casinos, the companies are required to verify user's identities in order to comply with KYC/AML laws. However, there is a growing demand for more privacy-oriented casinos that do not require any personal information from their users.

Ultimately, it's likely going to end up being a mix of both. Complete anonymity may be impossible in the near future as cryptocurrency casinos and other related companies require some degree of individual identification in order to comply with KYC/AML laws. On the other hand, a more private-oriented casino run on blockchain technology might be able to provide an alternative for those who feel strongly about privacy.
hero member
Activity: 2282
Merit: 589
Maybe we are not there yet, but I think in the future , trying to avoid gambling platforms with KYC can be dangerous. Scammers will be trying to exploit this, almost irrational, fear of losing privacy, offering platforms with no KYC.
All require the process of implementing KYC regulations like in previous exchange platforms, everyone refuses to provide personal data but when the top exchange raises the status of the obligation to verify KYC to access deposits and withdrawals, the other alternative is to just trade on other lower volume exchanges. So gambling platforms must ensure that KYC is harmless and will not be misused for negative purposes, ensure that user data can be encrypted and stored in external data (not online) to increase the security system from hackers.
sr. member
Activity: 1764
Merit: 260
Binance #SWGT and CERTIK Audited

KYC has been major concern in the crypto space because people want to be anonymous so they were playing in this crypto world but then under the AML policies and all that stuff KYC was implemented <>
KYC is implemented much broader in today's settings. This is because these entities (crypto casinos) do wants to get licensed,  hence it will be regulated by a governing body, another domino effect is the KYC implementation. I must say that now I have more trust on casinos that has legitimate license than those that do not own any. You can't chase and lawsuit those casinos which you do not even know if ever you will be in the scenario in which you haven't paid, fooled, cheated, etc.


legendary
Activity: 2506
Merit: 1113
There's no need to be upset
Freedom of speech is not absolute. Google it. So, to keep order in our society, we have to give up our freedom to say some things. Same here with KYC on gambling sites. In order to stop money laundering, financing of terrorism and some other bad stuff we agree to give up some of our privacy. Just a little bit of it, actually. Because no one is gonna see your KYC data unless there is a police warrant.
I tend to agree since more and more we're already losing privacy due to governments, anyone even posted his address and where's his live in social media lol. I mean, they're self exposing their privacy and I think it's already become a normal habit due to flex life style. I don't think there's so much difference between centralized exchanges and casinos, after all it's had relation with crypto. If anyone really had 100% privacy concern, why they're playing on centralized casino?
I mean just the images that we post to instagram would be cool enough for any governmental agency. Just manage to do something like government tracking of people and appointing which instagram is owned by which citizen and you got yourself such a big data that you would be going crazy.

I am not saying that it will be like that forever but it is definitely not something that I would be unwilling to wager they are not already doing. At the end of the day, just focus on the fact that KYC is a big deal of course but only if you are hiding something, if you have nothing to hide then there is no reason why not share everything you could be sharing about yourself with the proper places (not with scammers of course).

but still this is a dangerous way to think (I'll give up privacy because I have nothing to hide)
because of many things:
everyone has something to hide (even if just their private keys)
you may have nothing to hide now but have something to hide in the future
it's hard to conquer privacy again if we give up on it completely
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
Freedom of speech is not absolute. Google it. So, to keep order in our society, we have to give up our freedom to say some things. Same here with KYC on gambling sites. In order to stop money laundering, financing of terrorism and some other bad stuff we agree to give up some of our privacy. Just a little bit of it, actually. Because no one is gonna see your KYC data unless there is a police warrant.
I tend to agree since more and more we're already losing privacy due to governments, anyone even posted his address and where's his live in social media lol. I mean, they're self exposing their privacy and I think it's already become a normal habit due to flex life style. I don't think there's so much difference between centralized exchanges and casinos, after all it's had relation with crypto. If anyone really had 100% privacy concern, why they're playing on centralized casino?

Maybe we are not there yet, but I think in the future , trying to avoid gambling platforms with KYC can be dangerous. Scammers will be trying to exploit this, almost irrational, fear of losing privacy, offering platforms with no KYC.

~ Because no one is gonna see your KYC data unless there is a police warrant.
KYC has been major concern in the crypto space because people want to be anonymous so they were playing in this crypto world but then under the AML policies and all that stuff KYC was implemented so if we continue to gamble then we have to comply with the rules of that casino but this is threat to our privacy if some data breach happen our information is at risk and who knows when they see the documents.

I'm not trying to say that there's no risk, but normally your KYC data is encrypted, as far as I know.
legendary
Activity: 3010
Merit: 1280
Get $2100 deposit bonuses & 60 FS
In my opinion there are 3 kinds of people posting about crypto on social media.

1. The people who wants to earn something by getting referrals on platforms they are on
2. Scammers who want to lure newbies into some kind of get rich quick scheme and scam them
3. Influencers providing analysis because they have bought those coins and want it to spike and profit out of it

Other than this there won't be anybody posting about crypto on social media if they are true crypto users.

I highly agree that it is for money why people are posting about cryptocurrency on social media.  If there is no chance to make money on these coins then there is no purpose in posting them.  Even developers create projects for monetary gain.  If you have not noticed, there are lots of cryptocurrency project that has no initial budget had been launched asking for crowdfunding.  

Anyway, what is the connection of this discussion to Duelbits?
Jump to: