Topic: No KYC Crypto Casinos & Sites | NoToKYC.com | Exclusive Bonuses - page 4. (Read 4171 times)

This is quite contradicting, I hope OP will clarify this because no KYC is not the norm for a casino that has a license because they are regulated. AFAIK, when a casino is regulated, KYC is automatic, so they cannot fool the public saying they are a no KYC casino, unless they are unlicense and a fully decentralized platform.

They market to be as no KYC casino so they should follow it and if they talk about legal compliance then I guess they should not claim anything KYC free at first place if there would be a possible implementation that's why they should not try to fool people since this could able to ruin their reputation built.

Not unless if they don't have any plan to became a reputable casino and their main goal is to scam those people who avoid to gamble on KYC compliant sites. People should read the TOS since its important to know them and if they insist not to do it then they continue to gamble then its their mistake if there's something happened to them and no people would provably give there sympathy especially if they know that person is so lazy.

You are right, especially if they are operating from a sane country that takes everything seriously, including their security and taxation. No casino will thrive in such a country for so long without being made to account for its deeds. This is why many casinos are running in offshore countries, the countries that are less strict and serious, and even if they are regulated with them, the regulation will be weak. Most importantly, this may allow them to have their casino business established for a while before they eventually do the needful with the government. By then, they might have been well-established enough to be able to fulfil all the government's demands, and after all, they've already bought themselves time to do some somewhat illegal things out of the radar of the government.

This is when you see the casinos that might have started without a KYC suddenly asking for KYC from all of their clients at once and might be strict with it, especially during the process of withdrawing their money. This means that they may want to hide in some circumstances, but not forever, and when the government has started with them, it is only two options. It is either to shut down or cooperate with the laws of the land. That's when you see them start doing the needful.

Sure, I understand your point of the integrity of our personal information, also the fact that information could be stolen by hackers and misused for whatever reason some malicious entity had.
Though, you also need to put on the scale how KYC information is a vital part of the Anti money laundering efforts the governments push forward, so most of the criminal organizations cannot grow at a very fast pace by having their drake assets laundered and recirculated within the banking system. If you found and way for people to keep their privacy and at the same time stopping criminals from using casinos to wash their capitals, then I am sure there would be many people interested to talk with you about it and seek for that system implementation on their casinos and betting houses (such a system would give much commercial advantage, since nobody likes to submit information in order to withdraw money from winnings).
Sadly, as the world stands today and since criminals won't stop trying improve their liquidity, KYC has become a necessary evil in this digital era, when money and the internet seem to have fused together.

For a casinos to survive in the current market trends and demand, their must have to acquire license and that comes with a mandate to keep up to date with regulatory requirements such as kyc and the rest of the other demands that comes along with the licence.

And any casino that doesn't have such licence stand the risk of getting shutdown by government at the end of the day due to violation of law.

One thing we must understand is that, with the current settiings in terms of regulations and so on, there is no registered online gambling casino that will be kyc free, any casino that is kyc free is possibly not yet registered and don't have a license, or the license they claim to have may likely be a fake one, every genuine online gambling casino that is genuinely registered and given an original operating license sure must demand kyc from their customers, as this is something that they are mandated to do, failure sometimes lead to the government or regulators sanctioning such casino for the offense.

But on the other, I believe there is nothing wrong if we have a community casino where the owners are well trusted to not abscond with customers funds, even without them registering the casino, which should possibly be the gateway for them to need to require kyc verification from users.
If this is the type of casino this platform is building, then I think it's good, and I also look forward to them launching it.

That's how it should work, no KYC, it's from the start until the end. If a gambler cheat the casino, do you think a gambler will comply with them in submitting a KYC documents? Of course no because that will only put him in danger and will get arrested since the casino itself they claimed to be regulated.  The thing is, when a casino market to people that they are "NO KYC" and people signed up because they think they'll gain privacy when gambling but later they are required a KYC, they might not like it and as a result, casinos reputation will be at risk.

THIS IS TRUE.

Waiting to see the update when it drops, because most of us that have being following up with the discussions on this thread have being seeking for a clarification of a provable and standstill statement on the KYC demands from your team, wether your site is a 100% no KYC or just some partial KYC.


Because some casinos may promise a no KYC at the start but along the line when the gambler win a substantial amount, their come up with such demands for verification before they can withdraw.

No KYC should be something we all may have to regard as well as going for, we need our privacy in whatever thing we are doing, we also have to consider the numbers of platforms that can afford to provide us with this, which we want starting right from the gambling platforms, so many gamblers have already been having difficult times from providing informations regarding their KYC informations.

Believe it or not, this is the first time I have read here on the forum from a long-standing member about this lenient treatment of private data and the extent of its impact on the concept of “privacy” in general.
We must always differentiate between the private information that we share with banks and well-known service institutions (banks, insurance companies...), and sharing that same data with companies on the Internet, especially those that do not have a clear headquarters, that is, they operate without according to proven legal licenses.
In the first case, your data is kept confidential in accordance with laws that the institution adheres to and declares this as part of the procedures for obtaining a license from the country granting approval for the activity. Any defect in the use of this data could expose the organization to unfair punitive measures that may lead to the payment of compensation in huge amounts or even the cessation of activity completely.
In the second case, the risk increases because the online company can use that data in different ways that are not compatible with the principle of “preserving personal data,” especially since users may never realize that. In addition, the servers of these sites are constantly vulnerable to hacking, and there are no sufficient guarantees about the absolute safety of their systems. There are many cases of hacking or scam projects, and with a simple search it is possible to review many examples of disasters that users have been exposed to as a result of their data being stolen or even sold on the black market.

They should be more specific since if they say that they are non KYC compliant casino but later on they ask this because they say that their is an investigation going on their account then this leave some thoughts that they are just fooling the people who trust that they would never ask this. And for stating this they should never ask this requirement so that no people will start to doubt at them since for sure that there's a lot of people will just think about that maybe in future they would use that KYC for them to delay the withdrawals of some users or totally block it since they can't provide what they asked. They should really stick on what they are promoting since its really shady if there's sudden changes that might happen to them.

That's why I got confused because usually when there's a KYC policy, the rules should be specific. When requiring more KYC during investigation, I think that's a different thing as it could be categorized to a special cases. You know, investigation like that does not happen most of the time, so we should only stick with the standard procedure when marketing the casino and talking about KYC process.

If your personal information/documents fall into the wrong hands then you have no idea what they can do with it. It's not only about knowing where you leave and the risk of getting robbed. Your personal documents can be used in illigal activities such as scamming other people. They can use it to create accounts in your name on some exchanges for example and use it for money laundering...
Submitting your personal documents to your bank agency is not the same as submitting them to an online casino.

This may be the first occasion I have read or even listened about such a thing like "low KYC"... But if I had to guess on what it means, then I would say it is about providing some personal information to the casino or service provider which is not as extensive as the "full KYC" which I typically asked when we wish to withdraw money from a casino.
Perhaps, instead asking for pictures of ourselves and our passports, they would ask for an email and Identity card (which is not as valuable as a passport in terms in identity verification).

Also, as far as I recall the casino licensed issued by the authorities in Curaçao are not suitable for casinos which do not want to impose their KYC practices on their gamblers. So my guess is OP meant simply to keep a separate section in his webpage to be dedicated for the ratings of casino licenses themselves, not casinos which operate under them.

It is all kind of a speculation from my part, though. 

Looking forward to it.

Anyway, I don't know if it has been asked already or I didn't read this in the OP before.. this one.
from OP
What do you mean but low KYC? Because if you promote no KYC, it should be completely no KYC at all.

Also you posted about your license.
Does this license providers allow you to operate with requiring KYC to gamblers?

Bro, truly, this is a consideration, but people are taking it too far. Think of it, since you've been growing up till today, how many places have you dropped your personal details and contact details? Have they harmed you till today? This is peculiar to those who overemphasise the danger in completing the KYC, it is not so bad and dangerous. Most of these guys are not even worth $2500, is that what they are coming to your house to rob you for? And if it is online, is the person childish to the point of clicking the unfamiliar links, sending OTP/2FA code to strangers or even entertaining a conversation with a stranger, especially when money is related? If the person did that, then it is his fault and not the fault of the KYC.

I'm just saying that in the worst-case scenario, we should not believe that KYC is a cause of imminent danger or privacy infringement. The data leak we are even talking about is in degree, and if they do not know you to warrant a direct threat, the major thing they need is your email and phone number, they do not have any business at your house. And if you are careful enough on your path, all their online efforts will still be to nothing. Some people will not stop making me laugh here, imagine, someone who has only $2500 as the maximum amount in an international casino that is many miles away from his country still afraid of data leaks and personal threats. Will they (perpetrators) fly from their country down to you just because of your peanut? People often take this too far despite completing KYC with banks and many other formal and informal establishments (brokerages, hotels, hospitals etc.).

There are many things that can be done, in fact one of the things that can result is that the erpns that go to play in a casino, sometimes a casino can be very honest in every way, but if they do not have the licenses, then they have They have to do it, they classify them as an unreliable casino, but come on, there are Casinos that meet all the requirements to obtain licenses , and a while later it becomes a scam and that is something that does not add up. , and I realize that it can't stop there, but I think that many need to open their eyes and see what they are getting into, I don't know if in the future there will be a casino with Monero without licenses and that they are honest, but based on everything What has been said and only the most shameless thing that can exist is Weight and it is a great option, although it goes against many rules.

We are working on a new big update soon.

Of course, you can retire to the forest and become a completely anonymous hermit and hunt for food, fish and collect fruits in order to survive.  But there are few who want such a life. 

As for life in society, it should be recognized that in the life of any person there are secrets that he definitely would not want to become public.  For example, you have a secret woman lover whom you are dating.  So, should you not hide this and tell your wife honestly?  Well, it’s clear what will follow!  Or, secretly from your employer, you are into gambling.  So what, will it do you any good if your employer finds out about this?  These examples clearly demonstrate the importance of maintaining anonymity in certain matters.  It is obvious.  Is total control over a person’s life an ideal society of the future?  Should civilization develop along this path?  By the way, KYC in crypto is just a small step in the development of total control. 
And in my opinion, the topic of crime and illegal payments in crypt is a drop in the ocean of financial crimes, where everyone operates in cash or even ordinary bank transfers.  This accusation of the entire cryptocurrency in its criminal nature is a fake that is intensively spreading into the mass consciousness by the banking financial clan and interested bosses and law enforcement agencies.  By the way, they also stand in the faithful service of these same banking clans and also receive their rather large sum.

Because some gamblers cares about their privacy and this is the reason why they do not want to deal with KYC especially for gambling purpose.
Not about afraid or not IMO but more about privacy preferences and I believe it may change later.
We all know that there was no KYC at all in this crypto world, not online gambling but also when it comes to exchange service.
Regulation changed later when most online services where money is involved need to deal with KYC, that's why people's preferences are also changed due to their needs.

Although there are some casinos that has KYC rules based on wagering/deposit/withdrawal limit but in fact casino can ask it anytime even if you have not reach the limit so dont rely on such limit but always be ready to be asked for KYC anytime.