Kryptogamers Hive No KYC Casino - page 4.

Haunebu

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Quote from: khaled0111 on March 01, 2023, 06:57:14 PM

Unfortunately, this is not an option for licensed casinos. Regulations and rules are becoming more and more strict especially when big amounts of money is involved. Casinos or any other crypto-service providershave to comply with them if they don't want to face any legal issues and get sanctioned.

Not all licensed casinos enforce mandatory KYC. For example, I have been gambling at sites like Stake, Crypto.Games etc from a long time and they never asked me to submit KYC so far.

Quote from: ethereumhunter on March 01, 2023, 10:44:37 PM

KYC is not mandatory at this time, but over time and the government wants to know more about each user who plays gambling will tighten the regulations regarding KYC. And it will keep those who want to cheat from doing so because it means their account is at risk of being frozen by the casino.

True. More and more sites need to comply with government rules and regulations in order to survive, but they don't need to enforce mandatory KYC to survive.

ethereumhunter

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Quote from: Haunebu on March 01, 2023, 12:45:37 PM

Quote from: ethereumhunter on March 01, 2023, 08:00:18 AM

So if something happens with someone's data, the casino should be responsible for protecting the identity or KYC details of its users because they are the ones asking them to do KYC. And when we as users are asked to do KYC, we should know the risks in submitting our detailed information to third parties, in this case, casinos. And I also like playing gambling in casinos that don't require KYC for their users.

Casinos won't be able to protect your KYC information once hackers successfully penetrate their security systems. This is why so many gamblers including me worry about providing our KYC.

KYC shouldn't be mandatory and it should be enforced only if they legitimately find something suspicious or for big withdrawals.

It should be the casino's responsibility to protect the data of customers who have done KYC so there are no worries from their customers. After all, we as gamblers need to feel safe and comfortable when playing gambling at casinos, so casinos must know this and try their best to provide what they can for their customers.

KYC is not mandatory at this time, but over time and the government wants to know more about each user who plays gambling will tighten the regulations regarding KYC. And it will keep those who want to cheat from doing so because it means their account is at risk of being frozen by the casino.

khaled0111

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Quote from: Haunebu on March 01, 2023, 12:45:37 PM

KYC shouldn't be mandatory and it should be enforced only if they legitimately find something suspicious or for big withdrawals.

Unfortunately, this is not an option for licensed casinos. Regulations and rules are becoming more and more strict especially when big amounts of money is involved. Casinos or any other crypto-service providershave to comply with them if they don't want to face any legal issues and get sanctioned.
For customers, the only advantage of having a KYCed account is that you can your identification documents to recover your account in case you lose access to it.

Mahanton

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Quote from: Haunebu on March 01, 2023, 12:45:37 PM

Quote from: ethereumhunter on March 01, 2023, 08:00:18 AM

So if something happens with someone's data, the casino should be responsible for protecting the identity or KYC details of its users because they are the ones asking them to do KYC. And when we as users are asked to do KYC, we should know the risks in submitting our detailed information to third parties, in this case, casinos. And I also like playing gambling in casinos that don't require KYC for their users.

Casinos won't be able to protect your KYC information once hackers successfully penetrate their security systems. This is why so many gamblers including me worry about providing our KYC.

KYC shouldn't be mandatory and it should be enforced only if they legitimately find something suspicious or for big withdrawals.

Most of platforms that we do have today on which they arent asking out some KYC on the time that you do make out some registration but most of their terms and conditions do really have
stated about possible verification if ever they would be seeing some suspicious activity or some violation which is really that pretty common nowadays.The thing that we should really avoid
is into those platforms who do really ask out for some kyc on the time that you do register which i do directly turn my back on the time i do encounter
this kind of platforms.

Haunebu

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Quote from: ethereumhunter on March 01, 2023, 08:00:18 AM

So if something happens with someone's data, the casino should be responsible for protecting the identity or KYC details of its users because they are the ones asking them to do KYC. And when we as users are asked to do KYC, we should know the risks in submitting our detailed information to third parties, in this case, casinos. And I also like playing gambling in casinos that don't require KYC for their users.

Casinos won't be able to protect your KYC information once hackers successfully penetrate their security systems. This is why so many gamblers including me worry about providing our KYC.

KYC shouldn't be mandatory and it should be enforced only if they legitimately find something suspicious or for big withdrawals.

ethereumhunter

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Quote from: piebeyb on March 01, 2023, 02:07:59 AM

Quote from: Haunebu on March 01, 2023, 01:05:09 AM

Quote from: klidex on February 28, 2023, 10:23:18 PM

Having KYC does not only guarantee the security of player funds but can also give more trust to the casino that has been used.
Indeed there are some casinos with quite strict KYC but they still commit fraud but it seems there are not many and only a few do it.

I disagree. KYC doesn't guarantee security to be honest with you. If hackers hack into the site, they could easily acquire your KYC details and spread it wherever they want to which could screw you in various ways.

Personally, I didn't provide my KYC yet in any crypto gambling site that I gamble in and I have withdrawn thousands of dollars so far without any issues.

actually not all gamblers have the same view on this KYC issue, because we know that each one has different thoughts, after all, whoever gives KYC to the casino certainly understands the risks, I also think maybe KYC doesn't guarantee security because like you also say, maybe the site was hacked and shared all user information including KYC, but again that everyone has their own wishes, there is no compulsion in this case everyone can choose whether they want to play at a casino that uses KYC or not, so far I have also played casinos not used KYC and everything is safe withdrawing hundreds of dollars because I'm just a small gambler

KYC is something that casinos are starting to require, especially for suspicious accounts by casinos because casinos want to know the background of those accounts. But the request to do KYC for each member is still random. So if something happens with someone's data, the casino should be responsible for protecting the identity or KYC details of its users because they are the ones asking them to do KYC. And when we as users are asked to do KYC, we should know the risks in submitting our detailed information to third parties, in this case, casinos. And I also like playing gambling in casinos that don't require KYC for their users.

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Quote from: Haunebu on March 01, 2023, 01:05:09 AM

Quote from: klidex on February 28, 2023, 10:23:18 PM

Having KYC does not only guarantee the security of player funds but can also give more trust to the casino that has been used.
Indeed there are some casinos with quite strict KYC but they still commit fraud but it seems there are not many and only a few do it.

I disagree. KYC doesn't guarantee security to be honest with you. If hackers hack into the site, they could easily acquire your KYC details and spread it wherever they want to which could screw you in various ways.

Personally, I didn't provide my KYC yet in any crypto gambling site that I gamble in and I have withdrawn thousands of dollars so far without any issues.

actually not all gamblers have the same view on this KYC issue, because we know that each one has different thoughts, after all, whoever gives KYC to the casino certainly understands the risks, I also think maybe KYC doesn't guarantee security because like you also say, maybe the site was hacked and shared all user information including KYC, but again that everyone has their own wishes, there is no compulsion in this case everyone can choose whether they want to play at a casino that uses KYC or not, so far I have also played casinos not used KYC and everything is safe withdrawing hundreds of dollars because I'm just a small gambler

Haunebu

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Quote from: klidex on February 28, 2023, 10:23:18 PM

Having KYC does not only guarantee the security of player funds but can also give more trust to the casino that has been used.
Indeed there are some casinos with quite strict KYC but they still commit fraud but it seems there are not many and only a few do it.

I disagree. KYC doesn't guarantee security to be honest with you. If hackers hack into the site, they could easily acquire your KYC details and spread it wherever they want to which could screw you in various ways.

Personally, I didn't provide my KYC yet in any crypto gambling site that I gamble in and I have withdrawn thousands of dollars so far without any issues.

klidex

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Quote from: Daltonik on February 22, 2023, 05:59:32 AM

But still, people tend to risk their funds in exchange for relative anonymity, and yes, KYC on the one hand should seem to guarantee the security of players' funds, but on the other hand there are many examples of fraudulent online casinos with strict KYC.

They dare to risk money and dare to take risks just for the sake of being able to gamble anonymously and not needing to provide KYC, but for me it is a slightly risky choice and tends to make our money disappear if we choose the wrong casino without KYC.
Having KYC does not only guarantee the security of player funds but can also give more trust to the casino that has been used.
Indeed there are some casinos with quite strict KYC but they still commit fraud but it seems there are not many and only a few do it.

LUCKMCFLY

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When we try to find a good and trustworthy casino there are many, the problem is that they require KYC, there is no doubt about that, I have also seen how some casinos start and try not to enforce KYC, but it becomes a problem because if there is no a KYC requirement implies that the licenses are not complete and this causes problems with some players because they do not accept the casino, they say it is not trustworthy.

What few know is that these licenses originate to be accountable to government agencies, that's why I don't defend the KYC requirements very much, and for this reason it's obvious that I will never agree, that's why I see KYC as a Double-edged sword, everything related to Crypto must be handled under a privacy environment, but how to make an entire community of players understand this?

RILWAN

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This is cool and nice to stake on because of the rewards even though the rewards look unrealistic then since it's a no kyc casino members may try to use the services to enjoy other features aside from the staking due to risks.

But let me welcome you to the forum and wish you the best of luck as you journey through the forum.

Daltonik

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Quote from: paxmao on February 16, 2023, 08:05:26 PM

Quote from: Apocollapse on February 16, 2023, 01:09:48 AM

Quote from: klidex on February 15, 2023, 11:51:07 PM

Maybe according to them asking for proof of age is not KYC because they think that KYC is personal identification information such as names and so on, but we don't know what the answer and the main reason is from asking for proof of age but they claim that it's not casino KYC.
This kind of thing will become a conversation and debate if he doesn't say and provide the right explanation.
In fact, if you only ask for proof of age without providing KYC or clear identity, I'm sure many users will manipulate it because even KYC, which is clear about identity, can still be manipulated, especially if this is just proof of age.

Proof of age is used to make sure the user isn't a minor, so the casino might not allow the user to play if he's not at least 18 years old. If he's lying, then it's his own risk to gambling and the casino doesn't responsible about that because they've done to make sure the gambler is a matured person.

Age is one of KYC, but it's just really generic and I don't think they will know you if you're just giving how old you're.

KYC can be considered in two ways: it is weak like this one, it is clear that the company just wants to tick the box and comply with regulation but does not really expect trouble from that front. Strong KYC are a proof of people doing serious business in serious jurisdictions. It is not a great idea to join a site that does not make an effort to comply.

But still, people tend to risk their funds in exchange for relative anonymity, and yes, KYC on the one hand should seem to guarantee the security of players' funds, but on the other hand there are many examples of fraudulent online casinos with strict KYC, including.

Cling18

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Quote from: tabas on February 17, 2023, 04:31:50 AM

Quote from: len01 on February 16, 2023, 09:04:58 AM

from these two answers I conclude that it is likely that this casino is right not asking for KYC for betting and when wanting to withdraw funds from the casino.
but if later there is a problem or the casino suspects unusual activity on the account KYC will be requested. is my statement true?

if it's true it has become a natural thing. because in other casinos that don't ask for KYC if there is any suspicious activity on a certain customer's account, they will usually ask for KYC to solve the problem.

but if my statement is wrong please let me know.

I think that it's already verified and cleared that they've answered that it's not possible for them to ask KYC. Only if some authorities that asks for specific detail of yours from their casino, they'll hand it over to them. But as said, they don't have much request from authorities and up to date, they only got one. Well, this is based on the answer that the owner/rep has said on the #2. It's interesting to see that they're a privacy friendly casino just as what the answers they have provided above.

It is a good move so they can also control illegal activities and fraud in their casino. Those who seek privacy and security can rely on their site because most casinos nowadays always require KYC even after anouncing that they will not require KYC. At least they are honest that there's still a possibility that they will require KYC in some cases.

tabas

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Quote from: len01 on February 16, 2023, 09:04:58 AM

from these two answers I conclude that it is likely that this casino is right not asking for KYC for betting and when wanting to withdraw funds from the casino.
but if later there is a problem or the casino suspects unusual activity on the account KYC will be requested. is my statement true?

if it's true it has become a natural thing. because in other casinos that don't ask for KYC if there is any suspicious activity on a certain customer's account, they will usually ask for KYC to solve the problem.

but if my statement is wrong please let me know.

I think that it's already verified and cleared that they've answered that it's not possible for them to ask KYC. Only if some authorities that asks for specific detail of yours from their casino, they'll hand it over to them. But as said, they don't have much request from authorities and up to date, they only got one. Well, this is based on the answer that the owner/rep has said on the #2. It's interesting to see that they're a privacy friendly casino just as what the answers they have provided above.

klidex

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Quote from: ?? on ??

Quote from: klidex on February 16, 2023, 07:51:30 AM

Quote from: Apocollapse on February 16, 2023, 01:09:48 AM

Quote from: klidex on February 15, 2023, 11:51:07 PM

Maybe according to them asking for proof of age is not KYC because they think that KYC is personal identification information such as names and so on, but we don't know what the answer and the main reason is from asking for proof of age but they claim that it's not casino KYC.
This kind of thing will become a conversation and debate if he doesn't say and provide the right explanation.
In fact, if you only ask for proof of age without providing KYC or clear identity, I'm sure many users will manipulate it because even KYC, which is clear about identity, can still be manipulated, especially if this is just proof of age.

Proof of age is used to make sure the user isn't a minor, so the casino might not allow the user to play if he's not at least 18 years old. If he's lying, then it's his own risk to gambling and the casino doesn't responsible about that because they've done to make sure the gambler is a matured person.

Age is one of KYC, but it's just really generic and I don't think they will know you if you're just giving how old you're.

But the truth is that many minors also start gambling and they use school pocket money to be able to play or bet.
The real problem is not that they are underage to manipulate age and then the casino will not be held responsible if something happens to them.
You can see and understand that any casino will not be responsible for what happens to any of its users, they do not know they are underage or mature, if something undesirable happens, it is clear that they are at their own risk and why do gambling if not want to risk losing everything.

It's seriously concerning that youngins are out here blowing their allowance on gambling, and it's even more messed up that some folks don't think the casino should be held responsible for what goes down. As a community, we gotta step up and make sure our young bucks aren't getting caught up in dangerous activities like gambling, which can totally mess with their bodies and minds. We need to put better rules in place and keep an eye out for any underage gamblers. If they slip through the cracks, the casino gotta take responsibility for enabling them. Our kids deserve a safe and healthy place to learn and grow, so what's the plan to keep them away from the gambling scene and out of harm's way?

Things like that have happened a lot, not only in my environment but also out there, there must have been a lot of underage children who started gambling. I don't know where they can understand gambling from. holding their own cellphone so they can find gambling information until they dare to try it.
Casinos are a business and they offer gambling venue services to anyone even minors who enter to play they cannot possibly limit and be responsible because after all that includes their customers.
This mistake did not come from the casino but from the insight of their parents because they could not supervise and limit their children when they did everything including gambling.
The best way to stop this is for parents to always pay attention to the overall activities of their children and provide positive things or activities so that they forget about gambling and don't return to gambling.

libert19

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Quote from: ?? on ??

It's seriously concerning that youngins are out here blowing their allowance on gambling, and it's even more messed up that some folks don't think the casino should be held responsible for what goes down. As a community, we gotta step up and make sure our young bucks aren't getting caught up in dangerous activities like gambling, which can totally mess with their bodies and minds. We need to put better rules in place and keep an eye out for any underage gamblers. If they slip through the cracks, the casino gotta take responsibility for enabling them. Our kids deserve a safe and healthy place to learn and grow, so what's the plan to keep them away from the gambling scene and out of harm's way?

That's parent/guardian's responsibility.

libert19

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Quote from: logfiles on February 16, 2023, 09:47:13 AM

I also wanted to ask why you guys can't make this announcement thread a little bit more attractive with graphics, or is it not your official announcement thread?

No, it's not official ann.

Quote from: virasisog on February 16, 2023, 10:46:18 AM

Anyway, KYCs should also be expected because even casinos that announce that they won't require it will still ask for proof of address or age so the purpose would almost be the same so we can't avoid KYCs that easily. I guess we should just accept the fact that KYC is almost mandatory nowadays.

Stick to non-custodial section.

Quote from: Slow death on February 16, 2023, 04:18:29 PM

Quote from: Kryptogamers on February 16, 2023, 01:38:14 AM

we are a privacy friendly casino since 4+ years and have never asked for KYC nor do we intend to ask for KYC unless absolutely required by law.

with many governments campaigning against money laundering, casinos and banks and everyone who provides a service involving money are obliged to ask customers to do KYC, until 4 years ago casinos, exchanges and various things did not ask for KYC, it was a time when people had freedom, but this was a small market 4 years ago, it did not attract much attention from governments

today someone thinks that they will be in a casino and that they will not be asked for KYC, that person is very wrong, they are making a serious mistake, all people who use a casino must be prepared to eventually have to do KYC, so they should not be mistaken, the weather in which we had anonymity is ending unfortunately

Brave of you to completely ignore non-custodial section where it's not possible for them to ask for kyc in first place.

Quote from: paxmao on February 16, 2023, 08:05:26 PM

KYC can be considered in two ways: it is weak like this one, it is clear that the company just wants to tick the box and comply with regulation but does not really expect trouble from that front. Strong KYC are a proof of people doing serious business in serious jurisdictions. It is not a great idea to join a site that does not make an effort to comply.

https://bitcointalksearch.org/topic/m.61770354

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Quote from: Apocollapse on February 16, 2023, 01:09:48 AM

Quote from: klidex on February 15, 2023, 11:51:07 PM

Maybe according to them asking for proof of age is not KYC because they think that KYC is personal identification information such as names and so on, but we don't know what the answer and the main reason is from asking for proof of age but they claim that it's not casino KYC.
This kind of thing will become a conversation and debate if he doesn't say and provide the right explanation.
In fact, if you only ask for proof of age without providing KYC or clear identity, I'm sure many users will manipulate it because even KYC, which is clear about identity, can still be manipulated, especially if this is just proof of age.

Proof of age is used to make sure the user isn't a minor, so the casino might not allow the user to play if he's not at least 18 years old. If he's lying, then it's his own risk to gambling and the casino doesn't responsible about that because they've done to make sure the gambler is a matured person.

Age is one of KYC, but it's just really generic and I don't think they will know you if you're just giving how old you're.

KYC can be considered in two ways: it is weak like this one, it is clear that the company just wants to tick the box and comply with regulation but does not really expect trouble from that front. Strong KYC are a proof of people doing serious business in serious jurisdictions. It is not a great idea to join a site that does not make an effort to comply.

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Quote from: Slow death on February 16, 2023, 04:18:29 PM

Quote from: Kryptogamers on February 16, 2023, 01:38:14 AM

we are a privacy friendly casino since 4+ years and have never asked for KYC nor do we intend to ask for KYC unless absolutely required by law.

with many governments campaigning against money laundering, casinos and banks and everyone who provides a service involving money are obliged to ask customers to do KYC, until 4 years ago casinos, exchanges and various things did not ask for KYC, it was a time when people had freedom, but this was a small market 4 years ago, it did not attract much attention from governments

today someone thinks that they will be in a casino and that they will not be asked for KYC, that person is very wrong, they are making a serious mistake, all people who use a casino must be prepared to eventually have to do KYC, so they should not be mistaken, the weather in which we had anonymity is ending unfortunately

Everything cant really escape on governments radar or simply into their eyes if we do speak about money or something that correlates to it.If things turns out to be big then it isnt something that they couldn't really

just let it pass or something that they wont really regulate.This is why expect the unexpected because they wouldnt really slip it away and its true that if we do tend to compare on what those things happen in the past.Then it is really gradually changing as of this moment on which regulation and restrictions becomes even more tighter.

If you are a business owner whose really that in connected about money or something like that then you would really be tangled up with these regulations which you dont really have any choice.

Slow death

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Quote from: Kryptogamers on February 16, 2023, 01:38:14 AM

we are a privacy friendly casino since 4+ years and have never asked for KYC nor do we intend to ask for KYC unless absolutely required by law.

with many governments campaigning against money laundering, casinos and banks and everyone who provides a service involving money are obliged to ask customers to do KYC, until 4 years ago casinos, exchanges and various things did not ask for KYC, it was a time when people had freedom, but this was a small market 4 years ago, it did not attract much attention from governments

today someone thinks that they will be in a casino and that they will not be asked for KYC, that person is very wrong, they are making a serious mistake, all people who use a casino must be prepared to eventually have to do KYC, so they should not be mistaken, the weather in which we had anonymity is ending unfortunately

Topic: Kryptogamers Hive No KYC Casino - page 4. (Read 1488 times)