I think that many casinos who ask for KYC in crypto world has not any real meaning. In crypto we play anonymously and that should also be the way to withdraw. You can withhold suspicious withdraws but not really clear ones who have done nothing wrong. By entering KYC we are defeating ourselves the true value of crypto, if both crypto casinos and Fiat ask for KYC better to play at fiat one. I will never agree with KYC although it may safeguard the crypto casinos from money laundering. Sad situation we are in actually.
But with KYC, there is also the chance that they are stealing our identity and sell the database as well. I do not know how this things works but to make sure everything is anonymous then most of us here starting gambling. This is what I believe from the start when I jump into bitcoin world, this is what we seek for because being anonymous will set everything in private
KYC is a problem that's why we are seeing more of those automated casinos which are created on the ETH chain.
I am not a fan of ETH since I saw how it became unusable under heavy load but when the right time comes, there will be kinda same auto-LN casinos where you'll be able to bet and withdraw instantly.
I will never ever send my photo to a stranger especially the photos picturing me while I'm holding my private documents. That's the most stupid thing ever I heard. This is what banks should be asking from you not random casinos/exchanges especially when they are located outside of your country.
