Thanks for all the discussions. I read a lot of comments. That many people disagree with kyc. But I haven't seen anyone commenting that there was fraud or KYC abuse from gambling sites. Hope I didn't miss that comment.
Is it just over-worrying? while there have been no cases of misuse of kyc. Everyone will definitely disagree if their data is misused, but that's still an assumption. no one has shared about the abuse here.
Maybe, if a gambling site asks for KYC because they are already registered. As far as we know, the state regulates KYC regulations. even though kyc is dangerous, not including kyc is also dangerous if the gambling site runs away with the user's deposit money.
I don't know which is the best, whether to do kyc or not to do it. Both are tough choices. Maybe choosing a well-known and trusted casino is the only way to be safer. But about kyc, it's a tough choice.
Topic: is KYC data on Gambling sites safe? - page 20. (Read 2897 times)
As we know, many gambling sites have Kyc requirements when making withdrawals. Some people may not have a problem with this condition, but some people think differently about doing Kyc. Some people refuse to fill in their Kyc data for fear of being misused. That's a natural thing, but is the worry too much?
Kyc actually has a function to prevent dangerous actions, such as money laundering. In addition, Kyc can also protect customers from account breakers.
Now there are several gambling sites that do not require Kyc to withdraw funds. That's good news. But I don't know if big money withdrawal need Kyc or not. I've never withdrawn much money.
Are you one of those who agree or refuse to fill out kyc on gambling sites? So far, the Kyc that you have filled in on the gambling site is safe? I've never had a problem with the Kyc that I filled out at the gambling site. Have you ever felt cheated from Kyc submitted?
I don't think KYC prevents anything to be honest, except money laundering and multi-accounting(especially ban evaders). But for the customer it doesn't give safety neither any benefit, because even in case of credentials loss, the customer could simply sign a message from an address used for a deposit or a withdrawal, in addition to his email address, in order to prove his identity. But if a dishonest casino want to lock your funds and not pay your winnings, he will just need to ask you endless additional documents on top of your initial KYC. So gamblers shouldn't feel safe because they've already pass one KYC. Kyc actually has a function to prevent dangerous actions, such as money laundering. In addition, Kyc can also protect customers from account breakers.
Now there are several gambling sites that do not require Kyc to withdraw funds. That's good news. But I don't know if big money withdrawal need Kyc or not. I've never withdrawn much money.
Are you one of those who agree or refuse to fill out kyc on gambling sites? So far, the Kyc that you have filled in on the gambling site is safe? I've never had a problem with the Kyc that I filled out at the gambling site. Have you ever felt cheated from Kyc submitted?
I'm not going to lie. Although I highly value my privacy, I've sent my documents to multiple platforms in order to complete kyc. I was kinda forced to do so, though.
Personally, I believe that the moment you upload your documents to the internet, you should consider them as compromised since no website/database is 100% safe.
However, you should not send your personal information to any random online service. Do it only with services that you trust.
Personally, I believe that the moment you upload your documents to the internet, you should consider them as compromised since no website/database is 100% safe.
However, you should not send your personal information to any random online service. Do it only with services that you trust.
As we know, many gambling sites have Kyc requirements when making withdrawals. Some people may not have a problem with this condition, but some people think differently about doing Kyc. Some people refuse to fill in their Kyc data for fear of being misused. That's a natural thing, but is the worry too much?
Kyc actually has a function to prevent dangerous actions, such as money laundering. In addition, Kyc can also protect customers from account breakers.
Now there are several gambling sites that do not require Kyc to withdraw funds. That's good news. But I don't know if big money withdrawal need Kyc or not. I've never withdrawn much money.
Are you one of those who agree or refuse to fill out kyc on gambling sites? So far, the Kyc that you have filled in on the gambling site is safe? I've never had a problem with the Kyc that I filled out at the gambling site. Have you ever felt cheated from Kyc submitted?
Kyc actually has a function to prevent dangerous actions, such as money laundering. In addition, Kyc can also protect customers from account breakers.
Now there are several gambling sites that do not require Kyc to withdraw funds. That's good news. But I don't know if big money withdrawal need Kyc or not. I've never withdrawn much money.
Are you one of those who agree or refuse to fill out kyc on gambling sites? So far, the Kyc that you have filled in on the gambling site is safe? I've never had a problem with the Kyc that I filled out at the gambling site. Have you ever felt cheated from Kyc submitted?
I will answer your topic title first that for me there is no guarantee that it is safe to sacrifice KYC on online sites even if it is gambling.
Henceforth I will answer that it all depends on each person they want to do KYC on gambling sites.
I myself did KYC on only a few gambling sites that I considered safe because the casino's reputation and trust has been recognized by many people and I will refuse KYC if the site is new and doesn't have good trust or reputation.
Henceforth I will answer that it all depends on each person they want to do KYC on gambling sites.
I myself did KYC on only a few gambling sites that I considered safe because the casino's reputation and trust has been recognized by many people and I will refuse KYC if the site is new and doesn't have good trust or reputation.
All casinos will always have the tendency to screw things up when it comes to KYC. Data breaches are occurring regularly and even huge companies with robust security systems are affected. I guess, putting trust to these platforms isn't the key but rather just providing information that you are rather comfortable in sharing. If you aren't a high roller, there isn't a reason to comply to a higher KYC requirements. Level 1 or level 2 would suffice for a long time and it wouldn't even be required most of the time.
something that we could really be so sure that those things are really that safe. We know that tendencies and chances is really there. It would really be just that right that you should really be accepting
out on whatever possible scenarios could happen along the way.
This is why its never been that appealing on dealing with centralized platforms which do mainly ask out for KYc but for those who are centralized but still doesnt asked out necessarily
then we could really be having those reconsiderations on making use of them.
As we know, many gambling sites have Kyc requirements when making withdrawals. Some people may not have a problem with this condition, but some people think differently about doing Kyc. Some people refuse to fill in their Kyc data for fear of being misused. That's a natural thing, but is the worry too much?
Kyc actually has a function to prevent dangerous actions, such as money laundering. In addition, Kyc can also protect customers from account breakers.
Now there are several gambling sites that do not require Kyc to withdraw funds. That's good news. But I don't know if big money withdrawal need Kyc or not. I've never withdrawn much money.
Are you one of those who agree or refuse to fill out kyc on gambling sites? So far, the Kyc that you have filled in on the gambling site is safe? I've never had a problem with the Kyc that I filled out at the gambling site. Have you ever felt cheated from Kyc submitted?
Kyc actually has a function to prevent dangerous actions, such as money laundering. In addition, Kyc can also protect customers from account breakers.
Now there are several gambling sites that do not require Kyc to withdraw funds. That's good news. But I don't know if big money withdrawal need Kyc or not. I've never withdrawn much money.
Are you one of those who agree or refuse to fill out kyc on gambling sites? So far, the Kyc that you have filled in on the gambling site is safe? I've never had a problem with the Kyc that I filled out at the gambling site. Have you ever felt cheated from Kyc submitted?
I will answer your topic title first that for me there is no guarantee that it is safe to sacrifice KYC on online sites even if it is gambling.
Henceforth I will answer that it all depends on each person they want to do KYC on gambling sites.
I myself did KYC on only a few gambling sites that I considered safe because the casino's reputation and trust has been recognized by many people and I will refuse KYC if the site is new and doesn't have good trust or reputation.
Henceforth I will answer that it all depends on each person they want to do KYC on gambling sites.
I myself did KYC on only a few gambling sites that I considered safe because the casino's reputation and trust has been recognized by many people and I will refuse KYC if the site is new and doesn't have good trust or reputation.
All casinos will always have the tendency to screw things up when it comes to KYC. Data breaches are occurring regularly and even huge companies with robust security systems are affected. I guess, putting trust to these platforms isn't the key but rather just providing information that you are rather comfortable in sharing. If you aren't a high roller, there isn't a reason to comply to a higher KYC requirements. Level 1 or level 2 would suffice for a long time and it wouldn't even be required most of the time.
As we know, many gambling sites have Kyc requirements when making withdrawals. Some people may not have a problem with this condition, but some people think differently about doing Kyc. Some people refuse to fill in their Kyc data for fear of being misused. That's a natural thing, but is the worry too much?
Kyc actually has a function to prevent dangerous actions, such as money laundering. In addition, Kyc can also protect customers from account breakers.
Now there are several gambling sites that do not require Kyc to withdraw funds. That's good news. But I don't know if big money withdrawal need Kyc or not. I've never withdrawn much money.
Are you one of those who agree or refuse to fill out kyc on gambling sites? So far, the Kyc that you have filled in on the gambling site is safe? I've never had a problem with the Kyc that I filled out at the gambling site. Have you ever felt cheated from Kyc submitted?
Kyc actually has a function to prevent dangerous actions, such as money laundering. In addition, Kyc can also protect customers from account breakers.
Now there are several gambling sites that do not require Kyc to withdraw funds. That's good news. But I don't know if big money withdrawal need Kyc or not. I've never withdrawn much money.
Are you one of those who agree or refuse to fill out kyc on gambling sites? So far, the Kyc that you have filled in on the gambling site is safe? I've never had a problem with the Kyc that I filled out at the gambling site. Have you ever felt cheated from Kyc submitted?
I will answer your topic title first that for me there is no guarantee that it is safe to sacrifice KYC on online sites even if it is gambling.
Henceforth I will answer that it all depends on each person they want to do KYC on gambling sites.
I myself did KYC on only a few gambling sites that I considered safe because the casino's reputation and trust has been recognized by many people and I will refuse KYC if the site is new and doesn't have good trust or reputation.
Henceforth I will answer that it all depends on each person they want to do KYC on gambling sites.
I myself did KYC on only a few gambling sites that I considered safe because the casino's reputation and trust has been recognized by many people and I will refuse KYC if the site is new and doesn't have good trust or reputation.
Firstly, this depends on the gambling website you are registering on. If you are planning on creating an account and staying loyal to a designated gambling website, then you should create on such website that is somehow reputable, given by the feedback of the people in this forum. I also recommend staying on casinos that have an ongoing signature campaign as it signifies that they are indeed profitable.
Second, avoid gambling websites that ask for KYC and they do not offer any kind of security. For example, lots of gambling websites nowadays offer high bonuses/privileges compared to others but the overall layout and design seems unfinished.
These red flags should be avoided and as a responsible person, the last line of defense falls on your decision.
Second, avoid gambling websites that ask for KYC and they do not offer any kind of security. For example, lots of gambling websites nowadays offer high bonuses/privileges compared to others but the overall layout and design seems unfinished.
These red flags should be avoided and as a responsible person, the last line of defense falls on your decision.
KYC data is a sensitive information and we must be really cautious when chosing to disclose it to any platform.
Many of the gambling sites turn out to be a scam which is why we must only give our KYC information to trusted and reputable sites.
As a precautionary step, we can read their privacy policy to know how they handle the KYC data but nobody gives the time to read those policies these days.
They simply give the KYC data without any concern and sometimes end up falling in trouble because of that.
So we should always try to stay on the safer side by only using trusted and reputable sites.
Many of the gambling sites turn out to be a scam which is why we must only give our KYC information to trusted and reputable sites.
As a precautionary step, we can read their privacy policy to know how they handle the KYC data but nobody gives the time to read those policies these days.
They simply give the KYC data without any concern and sometimes end up falling in trouble because of that.
So we should always try to stay on the safer side by only using trusted and reputable sites.
Of course, it is important to remain vigilant and informed about data privacy practices when engaging with online platforms, including gambling sites and particularly if you are using the ones that belong to less reputable jurisdictions. Use the forum, read and make sure you go for reputable sites with long standing presence in the forum and on-line. That is the best protection.
People will say KYC isn't safe, but we all know they're lying because they've submitted KYC on various platforms.
No, they are not lying, KYC is not safe at any site but yes everyone do KYC including myself because we have no choice. If i want to gamble at a good reputed site, i have no option but to perform the KYC. If I don't do KYC, I would be left with very limited choices and in most case, it would be like I end up playing at some scam site and lose all my money.
We just do not have the option to go with NO-KYC thing as yet. Right now we have no option but to accept the fact that KYC is mandatory for gambling.
If people really care with their privacy, they must be not sign in any centralized platforms including centralized exchange e.g. Binance. Submitting KYC on Binance is similar like you submitting your KYC on a centralized casino, you wouldn't know what they will do with your KYC.
Well, if you do not sign up at binance, the most trusted exchange, then you won't be doing the trading. Same goes for the gambling sites. You want to play at good gambling sites and therefore you have to do the KYC. Even these reputed sites can misuse our KYC data but as i said, we don't have a choice, do we
I have complied with the KYC requirements from numerous reliable sites, and so far I have not run across any issues. No people have complained that their private information has been exposed. I believe that the site we chose will still influence our level of safety. It would be best to play at known online casinos so that we won't run into problems, especially if we have any reservations.
For me, it would be best to comply with the KYC requirements as soon as they are implemented in order for us to avoid any issues with our future transactions. Choosing a casino site that won't require KYC but has several warning signs is preferable than enjoying all the benefits of a reliable site without restriction. The reputation of a casino remains a key concern.
KYCs nowadays aren't too complicated so it would be better if we follow the rules and TOS and for sure, reputable casinos will protect our personal details since they are also protecting their reputation.
People will say KYC isn't safe, but we all know they're lying because they've submitted KYC on various platforms.
If people really care with their privacy, they must be not sign in any centralized platforms including centralized exchange e.g. Binance. Submitting KYC on Binance is similar like you submitting your KYC on a centralized casino, you wouldn't know what they will do with your KYC.
Hilarious. Why in the world would you compare an exchange with a gambling site? Both are completely different entities with similar payment methods.If people really care with their privacy, they must be not sign in any centralized platforms including centralized exchange e.g. Binance. Submitting KYC on Binance is similar like you submitting your KYC on a centralized casino, you wouldn't know what they will do with your KYC.
Some people definitely lie in this for sure, but some don't like me. Think before declaring such bold statements. Also, for your information, Binance does allow investors to trade without KYC albeit with lower limits and some other restrictions.
Well, KYC things are taken from many points of view, for example when they ask for the kyc there are people who are offended and I understand that it is because it deals with cryptocurrencies, and it is not fair that data is requested when dealing with cryptocurrencies, I I include that I have given my kyc in casinos, but not in all, because there are casinos that turn out to be frauds and that later sell or filter that data and that is not the idea that others know the data, especially when they are from players who have a lot of money, the kyc should not have or exist, but as it is a requirement or way it should be done , but it should be that the kyc does not exist.
People will say KYC isn't safe, but we all know they're lying because they've submitted KYC on various platforms.
No, they are not lying, KYC is not safe at any site but yes everyone do KYC including myself because we have no choice. If i want to gamble at a good reputed site, i have no option but to perform the KYC. If I don't do KYC, I would be left with very limited choices and in most case, it would be like I end up playing at some scam site and lose all my money.
We just do not have the option to go with NO-KYC thing as yet. Right now we have no option but to accept the fact that KYC is mandatory for gambling.
If people really care with their privacy, they must be not sign in any centralized platforms including centralized exchange e.g. Binance. Submitting KYC on Binance is similar like you submitting your KYC on a centralized casino, you wouldn't know what they will do with your KYC.
Well, if you do not sign up at binance, the most trusted exchange, then you won't be doing the trading. Same goes for the gambling sites. You want to play at good gambling sites and therefore you have to do the KYC. Even these reputed sites can misuse our KYC data but as i said, we don't have a choice, do we
People will say KYC isn't safe, but we all know they're lying because they've submitted KYC on various platforms.
If people really care with their privacy, they must be not sign in any centralized platforms including centralized exchange e.g. Binance. Submitting KYC on Binance is similar like you submitting your KYC on a centralized casino, you wouldn't know what they will do with your KYC.
Hilarious. Why in the world would you compare an exchange with a gambling site? Both are completely different entities with similar payment methods.If people really care with their privacy, they must be not sign in any centralized platforms including centralized exchange e.g. Binance. Submitting KYC on Binance is similar like you submitting your KYC on a centralized casino, you wouldn't know what they will do with your KYC.
Some people definitely lie for sure, but some don't like me. Think before declaring such bold statements. Also, for your information, Binance does allow investors to trade without KYC albeit with lower limits and some other restrictions.
Depends on which site you're submitting your KYC info to. Most of the time, casinos that are requesting these information are already registered and in contact with the government, so at least you know that you will have something to chase whenever something goes wrong. I wouldn't really trust these platforms 100% though, as there is always a risk of leaked information even though they themselves are not the ones leaking the information in the first place. Perhaps just pass the basic KYC and that's it.
I agree with you mate there is always the possibility of information leak through the casino or not definitely, when the government demands the identity of their registered members, they would never say no because they are under their jurisdiction so they would and must give it to them otherwise they stand the chance of losing their license. Most times, information leaks are not just what we think they are, possibly, there must be an investigation n or about account activities which would further bring that account holder under watch by the government through the casino. That is why most or sometimes you hear an account holder complains of the account being suspended /blocked and funds seized without any response and sometimes you do not hear from the account holder again.
Possibilities are there but chances for this to happen are slim so we need to choose the best or reputable casino so that we will not experience that situation that we may regret in future. Being selective on the platform you submit your identity is a must for us to do since we don't want to experience any issue like that this since its really a big trouble if our data will leak and those criminals will have it. Also don't post anywhere that you have balance/funds on any platform so that you will not became the target on any possible attacks.
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It should be. If they are doing players KYC then they are abiding to the laws of local authorities. They have audited accounts and thus book keeping includes everything from managing the funds to ensuring the KYC verification. If that’s the case then they have to have Safe lock for all the KYC data.
On a simple note, if there is any breach in the data then surely they could end up losing their gambling license, they will get filed for lawsuit from the players and basically they will end up in jail. Anything can happen from defaming to jailing so they will have to have that much safety.
It is important to maintain the security of their customer's data, whether they will use any method to secure their data. We just leave it completely to them without knowing how they will do it. They try to comply with local authority laws and we also try to follow the rules of the casino by doing KYC. Therefore, we really have to be able to find a trusted casino that can really secure our data.On a simple note, if there is any breach in the data then surely they could end up losing their gambling license, they will get filed for lawsuit from the players and basically they will end up in jail. Anything can happen from defaming to jailing so they will have to have that much safety.
If the data gets hacked by hackers, the casino must be responsible to the users and local authorities and indeed, they can lose their gambling license. At the same time, owners and teams may be punished for neglecting their obligations. But we have to really choose the casino so we don't have to worry if we have to do KYC.
Depends on which site you're submitting your KYC info to. Most of the time, casinos that are requesting these information are already registered and in contact with the government, so at least you know that you will have something to chase whenever something goes wrong. I wouldn't really trust these platforms 100% though, as there is always a risk of leaked information even though they themselves are not the ones leaking the information in the first place. Perhaps just pass the basic KYC and that's it.
I agree with you mate there is always the possibility of information leak through the casino or not definitely, when the government demands the identity of their registered members, they would never say no because they are under their jurisdiction so they would and must give it to them otherwise they stand the chance of losing their license. Most times, information leaks are not just what we think they are, possibly, there must be an investigation n or about account activities which would further bring that account holder under watch by the government through the casino. That is why most or sometimes you hear an account holder complains of the account being suspended /blocked and funds seized without any response and sometimes you do not hear from the account holder again.
Possibilities are there but chances for this to happen are slim so we need to choose the best or reputable casino so that we will not experience that situation that we may regret in future. Being selective on the platform you submit your identity is a must for us to do since we don't want to experience any issue like that this since its really a big trouble if our data will leak and those criminals will have it. Also don't post anywhere that you have balance/funds on any platform so that you will not became the target on any possible attacks.
Depends on which site you're submitting your KYC info to. Most of the time, casinos that are requesting these information are already registered and in contact with the government, so at least you know that you will have something to chase whenever something goes wrong. I wouldn't really trust these platforms 100% though, as there is always a risk of leaked information even though they themselves are not the ones leaking the information in the first place. Perhaps just pass the basic KYC and that's it.
I agree with you mate there is always the possibility of information leak through the casino or not definitely, when the government demands the identity of their registered members, they would never say no because they are under their jurisdiction so they would and must give it to them otherwise they stand the chance of losing their license. Most times, information leaks are not just what we think they are, possibly, there must be an investigation n or about account activities which would further bring that account holder under watch by the government through the casino. That is why most or sometimes you hear an account holder complains of the account being suspended /blocked and funds seized without any response and sometimes you do not hear from the account holder again.
As we know, many gambling sites have Kyc requirements when making withdrawals. Some people may not have a problem with this condition, but some people think differently about doing Kyc. Some people refuse to fill in their Kyc data for fear of being misused. That's a natural thing, but is the worry too much?
Kyc actually has a function to prevent dangerous actions, such as money laundering. In addition, Kyc can also protect customers from account breakers.
Now there are several gambling sites that do not require Kyc to withdraw funds. That's good news. But I don't know if big money withdrawal need Kyc or not. I've never withdrawn much money.
Are you one of those who agree or refuse to fill out kyc on gambling sites? So far, the Kyc that you have filled in on the gambling site is safe? I've never had a problem with the Kyc that I filled out at the gambling site. Have you ever felt cheated from Kyc submitted?
Kyc actually has a function to prevent dangerous actions, such as money laundering. In addition, Kyc can also protect customers from account breakers.
Now there are several gambling sites that do not require Kyc to withdraw funds. That's good news. But I don't know if big money withdrawal need Kyc or not. I've never withdrawn much money.
Are you one of those who agree or refuse to fill out kyc on gambling sites? So far, the Kyc that you have filled in on the gambling site is safe? I've never had a problem with the Kyc that I filled out at the gambling site. Have you ever felt cheated from Kyc submitted?
No, it isn't. KYC data is not secure virtually anywhere that you send it. Sending your personally identifying information to a third party is unlikely to mean that it will be handled with sensitivity, let alone a casino.
The solution? Don't use casinos that ask for KYC. Don't use web2 casinos that can possibly ask for KYC or claim you broke their terms of service. Find web3 casinos that work on smart contracts instead.
Most casinos in this board should not be trusted with your money/crypto or your ID.
It should be. If they are doing players KYC then they are abiding to the laws of local authorities. They have audited accounts and thus book keeping includes everything from managing the funds to ensuring the KYC verification. If that’s the case then they have to have Safe lock for all the KYC data.
On a simple note, if there is any breach in the data then surely they could end up losing their gambling license, they will get filed for lawsuit from the players and basically they will end up in jail. Anything can happen from defaming to jailing so they will have to have that much safety.
On a simple note, if there is any breach in the data then surely they could end up losing their gambling license, they will get filed for lawsuit from the players and basically they will end up in jail. Anything can happen from defaming to jailing so they will have to have that much safety.
For me to do Kyc on any site of gambling or exchange is risky, money laundering is just an excuse to take and file user data, for security is just enough a 2fa or a strong password
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