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Topic: 🎮LEETBIT.IO - Casino & Esports 🎮 w/ Gamification & Daily Bonuses⚡️ - page 4. (Read 1010 times)

legendary
Activity: 3122
Merit: 1171
Well, it's a nice thing they stated this and it's easily seen on the site. But full KYC when we reach a $2k deposit/withdrawal is a bit funny in my opinion. Why not from the start?
Exchanges have these kinds of limits from as far as I recall, but I don't see you complaining about them. How different is this?

Obviously, I am not a fan of KYC, but let's be fair. They are upfront about their limits and what they will do once the limits have been surpassed. This can help you make a choice on whether to sign up and use the service or not.

Then you didn't look carefully... although I don't trade as often as I used to for a long time, and when I make a trade it's usually done somewhere without KYC. When Roobet introduced mandatory KYC I stopped gambling there, I did the same thing when Binance introduced mandatory KYC, I stopped trading there. I feel like it was 100 years ago. Smiley

As someone said, if we wish to be fair casino owners should do full KYC before their players.
copper member
Activity: 1960
Merit: 1638
Top Crypto Casino
Well, it's a nice thing they stated this and it's easily seen on the site. But full KYC when we reach a $2k deposit/withdrawal is a bit funny in my opinion. Why not from the start?
Exchanges have these kinds of limits from as far as I recall, but I don't see you complaining about them. How different is this?

Obviously, I am not a fan of KYC, but let's be fair. They are upfront about their limits and what they will do once the limits have been surpassed. This can help you make a choice on whether to sign up and use the service or not.
legendary
Activity: 3066
Merit: 1101
Leading Crypto Sports Betting & Casino Platform
This policy is in place to discourage players from being inactive or ignoring important messages from our platform.
But, as long you give the information/make updates to the public.

IMO, If they do not make the update by themself you are not wrong at all. As always they should be aware of what platform they're using, I read the fees are deducted from the account customer.

That's mean, If the account already inactive but doesn't have any balance left on the account you cannot deduct the fee right? due there is no balance to be deducted from the account. Maybe make another note, only for accounts that still have a balance left in the platform.

they won't deduct anything if there's no balance at all. but what will happen if the player decides to be active again? are they going to deduct it once they deposit the money again? now, that's not a good encouragement for new players of this site.
anyway, they may soon find out that they need to rectify this policy or else, they will be avoided by the gamblers.
legendary
Activity: 2002
Merit: 1255
Logo Designer ⛨ BSFL Division1
Welcome to bitcointalk forum!
Leetbit_official can you tell us what is your KYC policy and can customers play games and withdraw coins without verification?
I tested so many new casinos that came out in last few years and I didnt found anything special that would make me switch my casinos of choice.
What is so special about Leetbit that would make me create account and test it?

hero member
Activity: 2688
Merit: 625
When a user makes an aggregate lifetime total of deposits exceeding EUR 2000 or requests a withdrawal of any amount inside leetbit.io Platform, then it is compulsory for them to perform a full KYC process.

I would say that it is really just that a small amount which it could be easily be achieved out on that 2k eur deposit.
Then asking these?
It's better if they are upfront about the KYC verification requirements and rules rather that lie to you that customers don't need any KYC verification and once you make a big winning they impose on you an impossible to pass KYC verification procedure.

I mean, how many casino out there will you play in and there is a guarantee they won't ever ask for KYC. Very, very few.

Exactly since its bit disappointing when we are there and suddenly mandatory Kyc is been asked. So much better that they put that upon registration so that there will be no question rise against this topic. To many casino say that they will not require KYC to their user but end up asking it on long run and also there are other turn scam since they are just baited those high rollers which doesn't want to go to this process.

Well, it's a nice thing they stated this and it's easily seen on the site. But full KYC when we reach a $2k deposit/withdrawal is a bit funny in my opinion. Why not from the start?

I only see slots and e-sports... an interesting choice for a start. I see many good providers and the site generally looks nice and simple. You definitely need some promotions and bonuses if you wish to attract more people.   

Welcome to the forum and good luck!
Totally laughable and useless on asking out KYC on 2k deposit overall or total and its true that why not really that asking on the time that people registers? With those numbers then it would really be just considered out to be that still on that way since its really that very minimal and just as mentioned that it is really that a threshold that anyone could easily achieve which means that they can easily be asked out some KYC even if they have played out minimal games or certain deposits which it is really that something that we dont really like. So i do agree into those words that better ask it out on the beginning rather than on setting numbers which it is really just as good as none or having nothing at all because it is really pointless or having no use at all.

Somewhat, you cant really blame out if people would really be turning out to be that skeptical on dealing with the site because KYC in the beginning is really that highly frowned upon on which it would really be just that
bringing out that kind of common reaction that people would really be avoiding it out instead on playing this one. There's so much platforms that do offer huge deposit threshold before they would be asking out
some KYC and not this one. I do see that this is a problem with this casino.
legendary
Activity: 2968
Merit: 1095
Leading Crypto Sports Betting & Casino Platform
welcome to the forum, your casino has a very nice design. but he has a very dangerous TOS. I will speak of the parts where I see that they are a great danger for all people who use your casino.


KYC Policy of PWN Technologies N.V.


When a user makes an aggregate lifetime total of deposits exceeding EUR 2000 or requests a withdrawal of any amount inside leetbit.io Platform, then it is compulsory for them to perform a full KYC process.

source: https://www.leetbit.io/en/pages/kyc

that means people can put money in your casino they have no problem with that, they will only have problem if they deposit more than 2000$ and when they want to make any money withdrawal, but if they deposit 1000$ and they play and lose money in your casino, so it's ok, if they deposit 100 euros and win in some game and with that they have 300 euros, they need to keep playing until they lose or they need to provide documents to make the withdrawal, because the only problem is at the time of the withdrawal, in the time they deposit 100 euros there is no problem

this is because it was the license provider who said that you should do things this way, but I would like to ask the following:

Can you show license documents where the license provider says they should let people deposit money, but when withdrawing they should force them to do kyc? I confess that I am very curious to see this, and that in recent months new casinos and some with 2 years of existence have used this argument that it was the license provider who said that they should let people make deposits and at the time of withdrawal ask for kyc . now in case it wasn't the license provider that forced your casino to allow people to make deposits but then prevents people from making withdrawals because they must comply with kyc, then I ask you: why don't they force people to make kyc before making any deposit?

by doing this all the people who used your casino would first go through kyc and only after that they could make a deposit and with that they would not run any risk of depositing money and at the time of withdrawal they ask for kyc and when they do kyc they disapprove the documents and freeze funds, claiming that the person provided fake documents.
legendary
Activity: 2450
Merit: 1225
This policy is in place to discourage players from being inactive or ignoring important messages from our platform.
But, as long you give the information/make updates to the public.

IMO, If they do not make the update by themself you are not wrong at all. As always they should be aware of what platform they're using, I read the fees are deducted from the account customer.

That's mean, If the account already inactive but doesn't have any balance left on the account you cannot deduct the fee right? due there is no balance to be deducted from the account. Maybe make another note, only for accounts that still have a balance left in the platform.
sr. member
Activity: 728
Merit: 421
Welcome to bitcointalk platform. It is nice having you here. I have gone through your website and I must say you have a good UI and graphics. At first i noticed you already registered a copper membership which shows you are a good listener and this further tells you are as well a good communicator and manager and i would like to call your attention to your posts here that you do not spam your own thread but rather you quote reply all in one thread so as not to occupy it all alone with single reply one for one. Quote replying on one post would help make your thread coordinated and well presentable.
copper member
Activity: 26
Merit: 0
This is correct - please take note that this fee applies ONLY after 1 year of a player not logging into his account.
And we are committing ourselves to inform you one month in advance before we apply this fee.

The timer resets automatically when you login.
Yes i read this. I post this only so that future gamblers don't get confused, and blame you for lack of information due to not reading the T&C. Because many times it is not only the casino's fault, but the gamblers themselves face many problems due to not reading the T&C.

However, do you think this account fee strategy will be more effective? I think if a gambler is thinking of coming back after a year, they will surely lose interest after seeing this fee.

I understand what you mean - players may feel bad if they find about this as a surprise.

This policy is in place to discourage players from being inactive or ignoring important messages from our platform.

We are not a bank or exchange - these institutions are designed for storing money. We do not want to risk to appear as such institution.
So the policy above is legal and procedural.


But it can be offset by our other internal policies in the marketing and support department.
If a player comes back in a year or more of inactivity and complains to our support team that his balance does not correspond, we would be stupid not to make an offering to him that can offset this penalty.


hero member
Activity: 1694
Merit: 719
Top Crypto Casino
This is correct - please take note that this fee applies ONLY after 1 year of a player not logging into his account.
And we are committing ourselves to inform you one month in advance before we apply this fee.

The timer resets automatically when you login.
Yes i read this. I post this only so that future gamblers don't get confused, and blame you for lack of information due to not reading the T&C. Because many times it is not only the casino's fault, but the gamblers themselves face many problems due to not reading the T&C.

However, do you think this account fee strategy will be more effective? I think if a gambler is thinking of coming back after a year, they will surely lose interest after seeing this fee.
copper member
Activity: 26
Merit: 0
Welcome to the forum.

I first looked at the T&C after visiting your website, and became aware of your T&C. I won't say anything about your design or website. I would only ask gamblers to read the T&C carefully before creating an account so that there is no confusion in the future. Because this casino has an inactive account fee, if gamblers are aware of this fee in advance, they won't be surprised if the fee is deducted from their account later.

Quote
7. Inactive Accounts
7.1. We will charge you a fee of €5 (or currency equivalent) per calendar month (Inactive Account Fee) if:

you have not logged into your Account or logged out from your Account, or used the Service, or made any bet in any section of the Service for twelve consecutive months or more (Account Activity);

and your Account is in credit.

7.2. You will be notified that we will start charging you the fees on the eleventh month of inactivity and you will always have the option to log in and withdraw your funds.

7.3. The Inactive Account Fee will be withdrawn from your Account on a monthly basis to the extent that your Account remains in credit and only for the period during which there remains no Account Activity after the initial twelve month period has passed. If the Inactive Account Fee is due to be withdrawn from your Account and the balance of your Account is less than €5 (or equivalent currency), the Inactive Account Fee shall comprise the remaining funds in your Account.

Source : https://www.leetbit.io/en/pages/terms-and-conditions

This is correct - please take note that this fee applies ONLY after 1 year of a player not logging into his account.
And we are committing ourselves to inform you one month in advance before we apply this fee.

The timer resets automatically when you login.

copper member
Activity: 26
Merit: 0
This is the first "Telegram casino" I've ever seen in the forum. Maybe we should wait for a "Discord crypto casino" as well. Grin
I'm pretty open when it comes to trying news things and I might try it.
Unfortunately, Telegram has been associated with lots of scams and scammers, because the platform is privacy oriented.
I will have to reopen my Telegram account and test your casino.
I like that you provided an explanation of the meaning behind the term "leet" in your announcement thread. I'm pretty sure that 99.9% of the gamblers don't care about the meaning behind that word. Grin

We definitely do not want to force players to platforms they are not comfortable with - Telegram Casino is just an addition to the website.

The main action is here:) - https://www.leetbit.io/
hero member
Activity: 1694
Merit: 719
Top Crypto Casino
Welcome to the forum.

I first looked at the T&C after visiting your website, and became aware of your T&C. I won't say anything about your design or website. I would only ask gamblers to read the T&C carefully before creating an account so that there is no confusion in the future. Because this casino has an inactive account fee, if gamblers are aware of this fee in advance, they won't be surprised if the fee is deducted from their account later.

Quote
7. Inactive Accounts
7.1. We will charge you a fee of €5 (or currency equivalent) per calendar month (Inactive Account Fee) if:

you have not logged into your Account or logged out from your Account, or used the Service, or made any bet in any section of the Service for twelve consecutive months or more (Account Activity);

and your Account is in credit.

7.2. You will be notified that we will start charging you the fees on the eleventh month of inactivity and you will always have the option to log in and withdraw your funds.

7.3. The Inactive Account Fee will be withdrawn from your Account on a monthly basis to the extent that your Account remains in credit and only for the period during which there remains no Account Activity after the initial twelve month period has passed. If the Inactive Account Fee is due to be withdrawn from your Account and the balance of your Account is less than €5 (or equivalent currency), the Inactive Account Fee shall comprise the remaining funds in your Account.

Source : https://www.leetbit.io/en/pages/terms-and-conditions
hero member
Activity: 2814
Merit: 571
Leading Crypto Sports Betting & Casino Platform

External Reputation

We understand that player distrust is the natural and correct first reaction to each new project.
There is significant time and money investment from our side into L33TBIT.
By being licensed we believe that we get some trust level.

Also we are actively contacting review sites and if you have a favorite one, please let us know - we are happy to present ourselves out there Smiley


By posting this you've just proved to us that you are open to every suggestion I hope you continue doing this by being open and transparent, and about reviews, I'm sure the casino review sites will communicate with your team to do an extensive review of your platform.

I recommend that you plan to do a signature campaign maybe not now but later, as it will maximize your presence here, the longer the campaign the better.
copper member
Activity: 26
Merit: 0
I just accessed this site, everything looks easy, doesn't require a password, just use email, we can create an account and log into the account via email confirmation, that's good and looks different from other sites, maybe there are some things that bother me about KYC, but that's what I'm used to see and hear it for a new platform. but maybe it could be changed in the future for the community to be able to play without constraints on KYC and their money stay safe there.

Unfortunately there aren't a few games that I usually play, almost the average slot game that I don't usually play, so maybe next time I'll try your platform if everything looks good, moreover you also look serious in promoting your platform by becoming a copper member, at least another step is need to hold a signature only campaign on the forum to attract new users here, whatever it is welcome to the forum, maybe try your telegram casino a bit later  Wink

Thanks for your feedback!
Please let us know what are your favorite games. If the games are not exclusives, we are able to add most of them. Cool

copper member
Activity: 26
Merit: 0
This is the first "Telegram casino" I've ever seen in the forum. Maybe we should wait for a "Discord crypto casino" as well. Grin
I'm pretty open when it comes to trying news things and I might try it.
Unfortunately, Telegram has been associated with lots of scams and scammers, because the platform is privacy oriented.
I will have to reopen my Telegram account and test your casino.
I like that you provided an explanation of the meaning behind the term "leet" in your announcement thread. I'm pretty sure that 99.9% of the gamblers don't care about the meaning behind that word. Grin

They are unique with being the first Telegram casino; their other selling point with the (vip) levels is far from unique. I am quite hesitant to try them out, as Telegram is known for its scams as you mention and I dislike the app really. Good luck to Leetbit but I will pass on this new casino.

Thank you checking us out. We understand that Telegram can feel sketchy. That is why there is a desktop and mobile version of leetbit.io

Regarding our VIP L33T leveling - our selling point is in the details - no wager free spins winnings, free cash , unlimited cashback, etc.

We like the "no bullshit" approach, so players dont get nasty surprises once they receive their rewards.
copper member
Activity: 26
Merit: 0
Thank you all for the warm welcome!

Please let me address your questions and give you more background into leetbit.io


Telegram Casino - This new way how to play "on the go" 

We allow players to navigate leetbit.io inside Telegram via commands. The functionality is completely the same. You can register inside Telegram or if you already registered on the website via a browser, you can connect this account to Telegram.

Your deposits, balance, rewards and progress in L33T leveling will be THE SAME on Telegram or on the website inside any browser on PC or Mobile - Everything runs on the same platform.

https://blog.leetbit.io/leetbit-telegram-guide/



Deposits and Withdrawal - Due to leetbit.io being regulated by Curacao and being a new project - we need to be compliant towards rules of our license issuer. HOWEVER - this does not mean that we will use this as an excuse to delay deposits or withdrawals.
We understand that if player get a sour experience with us they will not return.

We pride ourselves with fast deposit AND withdrawals - feel free to contact our support on the site or Telegram regarding this.

I also requested our legal team to make a review of the policy and ask our regulator if we can make adjustments to the 2000 EUR requirements.



Promotions

To allow players to get a fair experience we developed a system of post-gameplay (post wager) rewards.

The main reason is that once players receive this reward, they can do whatever they want with it and is not tied to ANY actions and there is NO WAGER connected to it.

The rewards are awarded once a player reaches the next elite level.
Progress towards each level is based on the player bets placed - no matter you win or lose - you always progres in the elite level scale.

Rewards are - Free Spins, Free Cash, Deposit Top Up (no wager) and No Limit Cashback

More on rewards here - https://www.leetbit.io/en/promotions


External Reputation

We understand that player distrust is the natural and correct first reaction to each new project.
There is significant time and money investment from our side into L33TBIT.
By being licensed we believe that we get some trust level.

Also we are actively contacting review sites and if you have a favorite one, please let us know - we are happy to present ourselves out there Smiley


sr. member
Activity: 2100
Merit: 254
This is the first "Telegram casino" I've ever seen in the forum. Maybe we should wait for a "Discord crypto casino" as well. Grin
I'm pretty open when it comes to trying news things and I might try it.
Unfortunately, Telegram has been associated with lots of scams and scammers, because the platform is privacy oriented.
I will have to reopen my Telegram account and test your casino.
I like that you provided an explanation of the meaning behind the term "leet" in your announcement thread. I'm pretty sure that 99.9% of the gamblers don't care about the meaning behind that word. Grin

They are unique with being the first Telegram casino; their other selling point with the (vip) levels is far from unique. I am quite hesitant to try them out, as Telegram is known for its scams as you mention and I dislike the app really. Good luck to Leetbit but I will pass on this new casino.
legendary
Activity: 2254
Merit: 1035
Leading Crypto Sports Betting & Casino Platform
I just accessed this site, everything looks easy, doesn't require a password, just use email, we can create an account and log into the account via email confirmation, that's good and looks different from other sites, maybe there are some things that bother me about KYC, but that's what I'm used to see and hear it for a new platform. but maybe it could be changed in the future for the community to be able to play without constraints on KYC and their money stay safe there.

Unfortunately there aren't a few games that I usually play, almost the average slot game that I don't usually play, so maybe next time I'll try your platform if everything looks good, moreover you also look serious in promoting your platform by becoming a copper member, at least another step is need to hold a signature only campaign on the forum to attract new users here, whatever it is welcome to the forum, maybe try your telegram casino a bit later  Wink
legendary
Activity: 3122
Merit: 1171
When a user makes an aggregate lifetime total of deposits exceeding EUR 2000 or requests a withdrawal of any amount inside leetbit.io Platform, then it is compulsory for them to perform a full KYC process.

I would say that it is really just that a small amount which it could be easily be achieved out on that 2k eur deposit.
Then asking these?
It's better if they are upfront about the KYC verification requirements and rules rather that lie to you that customers don't need any KYC verification and once you make a big winning they impose on you an impossible to pass KYC verification procedure.

I mean, how many casino out there will you play in and there is a guarantee they won't ever ask for KYC. Very, very few.

Exactly since its bit disappointing when we are there and suddenly mandatory Kyc is been asked. So much better that they put that upon registration so that there will be no question rise against this topic. To many casino say that they will not require KYC to their user but end up asking it on long run and also there are other turn scam since they are just baited those high rollers which doesn't want to go to this process.

Well, it's a nice thing they stated this and it's easily seen on the site. But full KYC when we reach a $2k deposit/withdrawal is a bit funny in my opinion. Why not from the start?

I only see slots and e-sports... an interesting choice for a start. I see many good providers and the site generally looks nice and simple. You definitely need some promotions and bonuses if you wish to attract more people.   

Welcome to the forum and good luck!
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