KYC, or Know Your Customer, is a verification procedure used by online casinos to confirm the identity of their players. It typically involves uploading documents such as a personal ID, proof of address, and sometimes a bank statement. The main goal of KYC is to prevent money laundering, fraud, and underage gambling.
KYC-Free Crypto Casinos
Some crypto-based online casinos do not require a KYC process. On these platforms, registration can be anonymous, and all that’s needed is a cryptocurrency wallet address. This offers a faster and more private gaming experience but may involve greater regulatory and security risks.
KYC increases security, while KYC-free crypto casinos prioritize anonymity. Players should consider what matters more to them: protection or privacy.
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