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Topic: Stake lvl 2 verification - page 3. (Read 899 times)

hero member
Activity: 3080
Merit: 603
November 08, 2024, 01:20:52 PM
#51
Decentralised crypto gambling sites are the only way to ensure zero KYC these days based on my observations. Sad times.
I agree but even so, they're mostly going to go with the same route when regulators checks on them. The demand of players if ever there is a real decentralised casino isn't that much, there's also a lot of uncertainty on them. And that's why most gamblers still will go to the casinos that implements and asks for KYC. So, everyone just have to see it coming.
hero member
Activity: 3038
Merit: 617
November 08, 2024, 01:16:14 PM
#50
Decentralized gambling sites are actually harder to play with since people are also not trusting it. If the casino asks to connect their wallet, it becomes scary.

I don't know about stake KYC rules, but one thing I'm certain of is that it's a KYC casino if you have been allowed to use it without KYC over the years, which means either you have not reached minimum deposits and withdrawals that require KYC or something has changed with their regulators that made them demand your KYC. Mind you, you can't want to be protecting your privacy and be using a centralised service; it's not possible.
I am using stake platform for long term and already completed a big wagering without kyc verification but now they are making kyc as mendotori for gambling and they emailing there users again and again for notify about this. i seen they give time till last of December and from January kyc will mendotori for deposit and withdraw funds from stake.com
stake now a biggest and top gambling site in the world. so i am not worrying for doing kyc there
I think kyc will not mendotori from 1st January on stake.com. they just asking this verification for extra bonus. if you not L2 verified user then you will have a limitation of gambling and deposit and withdraw amount. i am also agree with you stake is enough reputable casino site so anyone can complete L2 verification without any worries. because stake will excryp all users deta for user safety

This is risky for Stake if they are going to make this a mandatory.  Limiting deposit and withdrawal amount I think is enough reason to move away from Stake. I did receive an email like this one but I was just ignoring it. I wouldn't want to send my data and after all there are other casinos that I can used in crypto if they are not available anymore.
legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
November 08, 2024, 12:36:10 PM
#49
I don't understand what you are saying. Decentralised sites which are completely legit in nature depend only on the blockchain to process transactions which is why they aren't centralised at all.
Let me repeat myself again. If you think there are decentralized gambling sites, you can list some of them on this thread and quote me to let me know them. Even if it is just only one gambling site that you know to be decentralized, what is its name?

This is why they proudly state that they don't require any form of KYC which makes perfect sense. Problem is that their liquidities and promotions are usually on the lower side which make them unappealing.
For a site to be decentralized is beyond not requiring KYC. It will not require central servers also just like how bitcoin network and Tor are.
hero member
Activity: 1456
Merit: 608
Vave.com - Crypto Casino
November 08, 2024, 12:33:13 PM
#48
I don't know about stake KYC rules, but one thing I'm certain of is that it's a KYC casino if you have been allowed to use it without KYC over the years, which means either you have not reached minimum deposits and withdrawals that require KYC or something has changed with their regulators that made them demand your KYC. Mind you, you can't want to be protecting your privacy and be using a centralised service; it's not possible.
I am using stake platform for long term and already completed a big wagering without kyc verification but now they are making kyc as mendotori for gambling and they emailing there users again and again for notify about this. i seen they give time till last of December and from January kyc will mendotori for deposit and withdraw funds from stake.com
stake now a biggest and top gambling site in the world. so i am not worrying for doing kyc there
I think kyc will not mendotori from 1st January on stake.com. they just asking this verification for extra bonus. if you not L2 verified user then you will have a limitation of gambling and deposit and withdraw amount. i am also agree with you stake is enough reputable casino site so anyone can complete L2 verification without any worries. because stake will excryp all users deta for user safety
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
November 08, 2024, 11:39:52 AM
#47
This really, really sucks, but literally everyone saw this coming frankly speaking since they are the biggest crypto gambling site out there due to which the corrupt government fools pressured them like crazy.

Decentralised crypto gambling sites are the only way to ensure zero KYC these days based on my observations. Sad times.

You would be surprised how centralized those so-called Web3 casinos actually are. Sure, they can use decentralized smart contracts but those smart contracts are programed with a little back-door in case they suffer from a bug and the money is at risk of getting stolen or frozen within the smart contract. The owners of the casinos can use their set of private cryptographic keys to withdraw the the balance from the casino if they see it is the proper thing to do, in the same way centralized casinos like Stake have control over our money once we deposit it to their addressed.

Sure, it kind of sucks one needs to go through level 2 verification, but at least the have a reasonable time span of several months and the process is quite straightforward. Keeping in mind we are talking about one of the leading casinos of this industry, the least I can do is expecting them to encrypt the personal information of their users.
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
November 08, 2024, 11:39:13 AM
#46
Many people like to post about decentralized crypto gambling sites but they are not mentioning examples. The gambling sites that I know are web2 and web3. Web2 and web3 are both not decentralized gambling sites but they are making use of central servers for their operation. The gambling sites some people are referring to as decentralized may be centralized but not require for KYC but such site can demand for KYC at anytime also.
I don't understand what you are saying. Decentralised sites which are completely legit in nature depend only on the blockchain to process transactions which is why they aren't centralised at all.

This is why they proudly state that they don't require any form of KYC which makes perfect sense. Problem is that their liquidities and promotions are usually on the lower side which make them unappealing.
sr. member
Activity: 546
Merit: 309
November 08, 2024, 11:36:11 AM
#45
I don't know about stake KYC rules, but one thing I'm certain of is that it's a KYC casino if you have been allowed to use it without KYC over the years, which means either you have not reached minimum deposits and withdrawals that require KYC or something has changed with their regulators that made them demand your KYC. Mind you, you can't want to be protecting your privacy and be using a centralised service; it's not possible.
I am using stake platform for long term and already completed a big wagering without kyc verification but now they are making kyc as mendotori for gambling and they emailing there users again and again for notify about this. i seen they give time till last of December and from January kyc will mendotori for deposit and withdraw funds from stake.com
stake now a biggest and top gambling site in the world. so i am not worrying for doing kyc there
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
November 08, 2024, 07:34:59 AM
#44
Hi. I received several emails from Stake regarding verification and receiving a $250 bonus for completing lvl 2 verification. I have been using the site for almost 4 years and I have invested a lot of time and energy into my account. Will I really lose access to my account if I don't verify by January? Sad

The only reason I signed up in the first place was to protect my privacy and I have had a lot of good memories using Stake, it would be unfortunate if I am forced to leave in the New Year. Undecided

Stake is a KYC casino, and you probably knew that when you signed up. It’s pretty normal these days, honestly. Don’t buy into the whole privacy thing..if a casino is regulated, they have to follow the laws that their regulators set for them. You’ve got a choice: if you think the bonus is worth it and you’re okay giving up your real information, then go for it. Otherwise, just forget about it, because when a casino asks for KYC, they would really implement it.
legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
November 08, 2024, 06:48:28 AM
#43
Decentralised crypto gambling sites are the only way to ensure zero KYC these days based on my observations. Sad times.
Many people like to post about decentralized crypto gambling sites but they are not mentioning examples. The gambling sites that I know are web2 and web3. Web2 and web3 are both not decentralized gambling sites but they are making use of central servers for their operation. The gambling sites some people are referring to as decentralized may be centralized but not require for KYC but such site can demand for KYC at anytime also.
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
November 08, 2024, 06:42:28 AM
#42
This really, really sucks, but literally everyone saw this coming frankly speaking since they are the biggest crypto gambling site out there due to which the corrupt government fools pressured them like crazy.

Decentralised crypto gambling sites are the only way to ensure zero KYC these days based on my observations. Sad times.
legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
November 08, 2024, 06:36:18 AM
#41
I think for about 3-4 years now I made account on stake I never asked to further my kyc although as then I think i already did that myself but not by them sending me emails to verify my account.
I knew someone that was in Staked campaign. He was not asked to do KYC. Some Stake workers may benefit from not getting verifieed. But the last time the person and I chatted last has been up to 4 months ago. I do not know if KYC is now compulsory for him to stay in Stake. KYC has been compulsory during the time for all those that are gambling in Stake

And I most say it's a good casino that values their customers, and I don't know where this is possible were they would rewards some fellow just to pass their kyc and you think this is possible?
It could be a member that they do not want to lose. If a gambling site wants to give you $250, the gambling site would have made profit far more than $250 from you. There are some valuable customers like that. It is very possible.
hero member
Activity: 770
Merit: 828
Leading Crypto Sports Betting & Casino Platform
November 08, 2024, 06:16:41 AM
#40
You are given $250 to get verified? You must really be a valuable member on Stake. Stake is now a KYC gambling site. As they grow bigger already, they have to follow what regulators want.
I think for about 3-4 years now I made account on stake I never asked to further my kyc although as then I think i already did that myself but not by them sending me emails to verify my account. And I most say it's a good casino that values their customers, and I don't know where this is possible were they would rewards some fellow just to pass their kyc and you think this is possible?
Well I won't doubt op but partially it looks more like a fiction because even if they most rewards users it should at the launching stages and not when they might have gotten established in the forum and all over.

Dude, it’s a fact that people got sent bonus offers to to verification level 2. since you already did that a long time ago you never got it but about 2 months ago this whole thing started. Friend of mine also did it and received the promised 250$, a good deal if you ask me.
I mean having kyc done on stake already brought benefits in the past like increased bonuses, being able to claim drops and so on. But now since kyc will be mandatory from next January I think it’s a good incentive to keep players on the site.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
November 08, 2024, 05:38:34 AM
#39
Will I really lose access to my account if I don't verify by January? Sad
Yes, that's why you have to comply to KYC to verify your account so do it before the deadline.

I refuse to upload my documents because I was told I would never have to do so. I guess they lied to me when I signed up.
If you don't wants to upload your documents, you can search for other casinos that allow you not to do KYC. But I guess many casinos now will ask their members to do KYC.
They can changes their rules anytime they want so we as a gambler should understand that. You are free to do KYC or not because that choice will be up to you.
Many other casinos you can use to playing gambling but those casinos will ask the same thing to their members.
hero member
Activity: 770
Merit: 482
November 08, 2024, 04:58:35 AM
#38
I'm not quite sure about the information given in the email but I've heard that Stake players who do not complete the level 2 verification will not be able to play again at Stake but I do not know if Stake will delete the accounts or not (I believe Stake will always give a chance).
Logically Stake wont let their valuable players go that easy, at least Stake will try to offer some extension for the KYC process for those who have not completed the KYC starting from New Year.

I haven't talked to Stake support, but I also do not think Stake will delete or suspend accounts. I think the players  will still be able to login to their account. But they won't be able to make any deposit/withdrawal/tip and place bets or even chat. The first thing they will have to do is complete the level 2 KYC and they will be free to do whatever they want.

Currently, the players can still place bets and do transactions without level 2 KYC. Even thought the deadline is 31st December, which is coming close everyday, I don't think they are going to extend the time. From the 1st January, players will be required to complete level 2 KYC to place bets.
hero member
Activity: 1428
Merit: 653
Leading Crypto Sports Betting & Casino Platform
November 08, 2024, 02:29:49 AM
#37
You are given $250 to get verified? You must really be a valuable member on Stake. Stake is now a KYC gambling site. As they grow bigger already, they have to follow what regulators want.
I think for about 3-4 years now I made account on stake I never asked to further my kyc although as then I think i already did that myself but not by them sending me emails to verify my account. And I most say it's a good casino that values their customers, and I don't know where this is possible were they would rewards some fellow just to pass their kyc and you think this is possible?
Well I won't doubt op but partially it looks more like a fiction because even if they most rewards users it should at the launching stages and not when they might have gotten established in the forum and all over.
hero member
Activity: 826
Merit: 583
November 08, 2024, 12:52:55 AM
#36
Hi. I received several emails from Stake regarding verification and receiving a $250 bonus for completing lvl 2 verification. I have been using the site for almost 4 years and I have invested a lot of time and energy into my account. Will I really lose access to my account if I don't verify by January? Sad
4 years of uninterrupted gambling with Stake is super-cool and I see beyond that, it's a good service overall, so I advise you to do the needful, completing the KYC is nothing so far you have nothing to hide. This is confirming the earlier report I read that regulators are on the neck of Stake and it's trying to get all his customers verified. This is certainly not Stake's fault from every angle and the $250 bonus is another reason to show that Stake is humane on this and feel your way.

Quote
The only reason I signed up in the first place was to protect my privacy and I have had a lot of good memories using Stake, it would be unfortunate if I am forced to leave in the New Year. Undecided
Let's face it, Stake is not a no-KYC casino, we should expect this will happen someday. Mind you, privacy is even exaggerated and Stake will not reveal you to the whole world for doing that. If you are not in illegality, even the law enforcers are not the enemy.

How do we know in our current environment some people are indeed quite protective of their personal data. we can't blame the users either. but we know that Stake is also not at fault.
Stake from the start did not brand a gambling platform without KYC, all users know that and there are even users who have completed KYC long before their recent announcement.

If Op still wants to enjoy the game with Stake, then he must do KYC. if not, then forget it. actually, no one is harmed in this case. maybe what Op regrets is the long time he used to build his account to a certain rank and enjoy a decent bonus. once again all the choices are his.
hero member
Activity: 826
Merit: 641
Leading Crypto Sports Betting & Casino Platform
November 08, 2024, 12:13:10 AM
#35
Hi. I received several emails from Stake regarding verification and receiving a $250 bonus for completing lvl 2 verification. I have been using the site for almost 4 years and I have invested a lot of time and energy into my account. Will I really lose access to my account if I don't verify by January? Sad
4 years of uninterrupted gambling with Stake is super-cool and I see beyond that, it's a good service overall, so I advise you to do the needful, completing the KYC is nothing so far you have nothing to hide. This is confirming the earlier report I read that regulators are on the neck of Stake and it's trying to get all his customers verified. This is certainly not Stake's fault from every angle and the $250 bonus is another reason to show that Stake is humane on this and feel your way.

Quote
The only reason I signed up in the first place was to protect my privacy and I have had a lot of good memories using Stake, it would be unfortunate if I am forced to leave in the New Year. Undecided
Let's face it, Stake is not a no-KYC casino, we should expect this will happen someday. Mind you, privacy is even exaggerated and Stake will not reveal you to the whole world for doing that. If you are not in illegality, even the law enforcers are not the enemy.
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
November 07, 2024, 09:58:40 PM
#34
Hi. I received several emails from Stake regarding verification and receiving a $250 bonus for completing lvl 2 verification. I have been using the site for almost 4 years and I have invested a lot of time and energy into my account. Will I really lose access to my account if I don't verify by January? Sad

The only reason I signed up in the first place was to protect my privacy and I have had a lot of good memories using Stake, it would be unfortunate if I am forced to leave in the New Year. Undecided

I don't know how many sites will allow you to gambling without KYC verifications. There are not a lot and to find a trusted good ones among them is even more difficult. As far as privacy is concerned, yes when you submit your documents, you reveal your identity to the site but with stake and other good trusted sites you can be sure that they won't leak or misuse your documents. (if that is your concern)

I have completed my verifications at stake a long time ago when i started playing there and haven't faced any issues.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
November 07, 2024, 09:52:44 PM
#33
Will I really lose access to my account if I don't verify by January? Sad
Yes, that's why you have to comply to KYC to verify your account so do it before the deadline.

I refuse to upload my documents because I was told I would never have to do so. I guess they lied to me when I signed up.

It's not a lie but how stakes have to comply with every rule of the license where they are registered.
KYC will always be an unpleasant thing to do but unfortunately you are almost impossible to refuse it, if you refuse to do it at stake and move to another casino it's only a matter of time until you too have to be faced with the choice to do KYC.
legendary
Activity: 3332
Merit: 3116
November 07, 2024, 09:25:19 PM
#32
I recommend that you do the verification now while they offer a bonus because in the future you will have to do it if you want to withdrawals, so, it will be not optional.

I did the verification but since my VIP is low i only get a small reward, but $250 isn't bad at all for the verification.

This KYC promotion is part of the terms that the casino must have with their customers from 2025, in one hand i think they are doing it to follow the rules and laws, and another reason for it is the implementation of the Poker game, with this KYC they avoid abusers on the tournaments.
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