When Do Crypto Casinos Have the KYC Procedure?

Know Your Customer verification, shortened to KYC, is a cornerstone of online casinos. In an effort to suppress underage gambling and money laundering, websites require players to submit pictures of their ID cards and other information. This helps companies avoid fraud and criminal activities while ensuring they comply with local laws.

However, this level of information sharing can be uncomfortable for privacy-minded cryptocurrency users. That is why they seek out crypto casinos, many of which tout reduced or non-existent KYC procedures. But is that always the case? We bring you all the answers in this article.

KYC and Crypto Casinos

While crypto casinos did start off as the proverbial Wild West, the ever-changing gaming landscape forced them to change. In an effort to earn player trust and avoid legal trouble, many of them have opted to secure iGaming licenses. In doing so, these crypto casinos must adopt KYC verification, bringing them in line with their fiat counterparts.

Despite this, you can still find websites that forgo this process altogether. We discussed no KYC crypto casinos in the past, and many of the points we mentioned there still apply. The problem with these operators is that you have to trust that they won’t trick you. As they aren’t regulated, there is no overseeing body to reach out if you suspect foul play or if the casino closes and takes off with your crypto coins.

It all comes down to where your priorities lie. If safety is your main concern, then KYC crypto casinos are the way to go. However, if you put privacy over everything else, you should choose their no-KYC counterparts. If you go with the latter option, you must keep in mind that it is inherently risky and potentially legally dubious.

How Does KYC Work at Crypto Casinos?

While there is no one-size-fits-all approach to KYC, many of the steps overlap enough that we can put together a guide to identity verification. If you’ve done it before, you’ll find crypto casinos don’t have any unique procedures to adhere to. The process is kept as painless as possible so players can complete it quickly.

1. Submit Your Information

The first step kicks off after you register an account. In the KYC section, you’ll find all the details the casino requires to verify your identity. They usually require an ID or passport to confirm your name and date of birth, along with proof of address, like a utility bill. Some crypto casinos may ask you to take a selfie while holding up your ID to prevent identity fraud.

2. Verification

After submitting the documents, the operator’s employees double-check that everything is in order. Depending on the crypto casino, you’ll wait a few hours to a few days.

3. Additional Checks

In some cases, the casino may ask for additional information or pictures. This step isn’t guaranteed—most of our KYC checks skipped past it entirely.

4. Completion

After completing the verification, the casino will fully unlock for you. Verified players will be able to withdraw money and access other features that require a KYC check.

Should You Do KYC Verification?

We can certainly understand why some players are averse to sending their personal information over the internet. With an ever-increasing number of data breaches, it’s only natural for people to feel concerned for their privacy. However, we still think you should go through with KYC verification.

Most online casinos are very good at keeping your information safe, as strict data security is part of the requirements set by iGaming regulators. By going through this extra step, you ensure the website you’re playing on is safe and follows the law.