Is there an update when we would be able to exchange TWG against real coin?
Bear in mind that the exchange feature is not the main service of tower.bet. If it has too low min exchange, I'm worrying that tower.bet will be used by many people for the exchange purpose only. $10 is still reasonable amount, if you think that it is too high then simply dont use it or keep increasing your balance till you meet the minimum amount if you still want to use the exchange. I do believe that other sites with similar feature also has minimum amount for it.
That's aggregable as the main business is for gambling and if that statement is right, instead of using it for that sole purpose, chances that it will be use as exchange, users can send out coins then use the exchange it serves as venue to mixed their assets.
Not good for the reason that gamblers can launder assets in a small forms of exchange.
So for small users who do not want to do KYC, tower.bet can be used as an alternative. 2nd possible reason is mixing service or in worst case it can be used for money laundering, I have seen some cases where users used gambling site for this purpose. So dont think that there is no reasons for people to go here just for that purpose. It is always possible.
For sure that will happen since many scammers right now seeking for platform which doesn't have any strict rules regarding on this matter so best for towerbet to have a full KYC with selfie holding the valid ID of the withdrawal requestor so that they can avoid this things and drive away those people who want to use the platform for their dirty business.
I know this suggestion is hard to provide for others who want an anonymity but for betterment it should be implemented.