Y hs giving out our private information become a normal thing in the name of KYC - page 4.

btc_angela

hero member

Activity: 2660

Merit: 551

Quote from: Mrbluntzy on June 15, 2024, 06:46:11 AM

guys, why is it that giving off our private information for the sake of passing KYC on casino platform became a normal things?

Perhaps they are mandated when they apply for a gambling license that they should ask KYC for a certain threshold. But the thing is that some casinos, not all of them are using this to somewhat used as a excuse to not give the winnings of some gamblers.

They they to hide from it to that point that even if you presented them with your legitimate personal info like passport, they are not going to accept it.

As far as hacking though, not sure what casinos are you referring, but it seems by today's standard, casinos are hard to break unlike before. They could be one of those that really secured their websites and their wallets to prevent such breach.

acroman08

legendary

Activity: 2436

Merit: 1104

Quote from: Mrbluntzy on June 15, 2024, 06:46:11 AM

guys, why is it that giving off our private information for the sake of passing KYC on casino platform became a normal things?

because crypto casinos want to operate legally and in order for them to do that they need a license and in order for them to keep their license they need to follow the gambling regulations of the country where they got their license. As much as I(or we) don't like KYC I can't do much about it since crypto casinos want to operate legally. right now there are still crypto casinos that do not ask for KYC upon registration and when withdrawal which is great but keep in mind that they still can ask for KYC whenever they want.

bangjoe

hero member

Activity: 1400

Merit: 674

I really don't want the casino that I use today to experience hacking to leak their customer data because that is the most important part of every member who registers there, why do I do KYC because I really want to continue playing, withdrawing and taking money if I occasionally get a win, as simple as that.

If we look further, there are certainly casinos that have a good reputation for being hacked but we also see that it is more vulnerable to hackers whether casinos that are regulated or illegal, from here I can also conclude which is the best and which one I will take for the place where I gamble even though I have to do KYC, but at least they have guarantees for the security of their customer data.

Mrbluntzy

member

Activity: 378

Merit: 66

Axioma Holding - Axioma Pay Crypto Card

guys, why is it that giving off our private information for the sake of passing KYC on casino platform became a normal things?

Some gamblers are explorers in the aspect of visiting and using every new casino they see. They don't bother about the risk of giving out their KYC information to every new casino they come across.

Let us all not forget about the risk that is attached to any KYC information that enters the wrong hand of scammers or fraudsters. If you must give out your KYC information, let it be to a reputable casino. I realized that sometimes the casino will force some of you to pass KYC after you have won a big amount of money. They will force you to do your KYC before you can withdraw.

May I remind us that we should only use reputable casino and be mindful of the casino that we give out our KYC details. If a casino gets hacked, our details can as well be stolen by those hackers.

There was a reputable casino on this forum that got hacked some years ago if you can remember. If reputable casino can be hacked, it means you guys need to be careful with non reputable casinos.

Topic: Y hs giving out our private information become a normal thing in the name of KYC - page 4. (Read 332 times)