With Bitcoin and cryptocurrencies allowing users to protect their privacy, there is a new way for users to gamble online. We are talking about online casinos that allow you to play and use crypto assets without having to undergo know-your-customer (KYC) checks.
KYC verification processes are usually necessary among the largest casino platforms and some cryptocurrency exchanges. However, there are still some ways in which you can enjoy anonymous Bitcoin casinos.
Usually, the casinos that let users play without having to share their private information are those platforms that have no international license. Most online casinos operate under Curacao’s license, which requires the platform to control who is playing.
In the next sections, we are going to share with you how to play at anonymous Bitcoin casinos, why KYC checks are required by licensed casinos, and what are the advantages of using unlicensed gambling platforms.
🔎 Why do casinos ask for KYC verification?
Let’s start with this question: why do casinos ask and request KYC verification from users? You would notice that all licensed casinos would have KYC checks in place. Indeed, there are many reasons why online casinos request users to share their private information if they want to enjoy some of the best crypto games.
Regulate underage gambling
Underage gambling is strictly forbidden around the world. This is perhaps the main reason why cryptocurrency casinos are implementing KYC checks. In this way, they make sure that underaged users would not be able to gamble money.
Local regulations
Another reason behind casinos checking users’ identities is due to the fact that they have to be compliant with local regulations. Most countries would have specific regulations for companies to handle money. Moreover, not every single jurisdiction allows for online gambling. Thus, the casino must make sure that countries from some regions are not playing on their site.
For example, online casinos generally check whether the user is playing from a restricted location. If that happens, the user would have to share his information and check with the Terms and Conditions (T&Cs) whether they are allowed to play or not.
Before playing at an online casino, you should make sure that you read all the details and T&Cs as they would be very important to detect any issues that could trigger a KYC verification event.
Money laundering
Money laundering is another important topic that casinos want to avoid by conducting regular KYC checks. This is done in order to make sure that large players do not launder money using online casinos and virtual currencies. By sharing their information, they are not able to avoid possible controls from local authorities in case they request information from an online casino.
Usually, betting large amounts of money would alone be a reason for casinos to request your private information and conduct a KYC check.
▶️ KYC trigger events
There are different trigger events for casinos to conduct KYC checks. Usually, when you create an account, you would be requested to provide some basic information. Nonetheless, some licensed online crypto casinos might request you to already share your private details, but this is not the most common thing.
Usually, casinos would wait for you to play and reach a specific wagered threshold before requesting your private information or conducting a KYC check. That means that in some cases, you will be able to play and withdraw your funds without having to even undergo the traditional KYC verification process.
Another trigger would be at the time in which you request your first withdrawal. In some cases, online crypto casinos would request you to verify your identity and send a picture of your ID with some additional information. Other types of documents and even a phone call can be requested from large players. However, smaller users would not necessarily undergo a KYC check.
👍 Benefits of Bitcoin anonymous casinos
Anonymous BTC casinos (those casinos that do not request private information from you) are usually very useful for players that value their privacy and data. Indeed, there are several benefits of using no-KYC casinos.
- No country restrictions
- You can play with a VPN
- Withdrawals are usually confirmed faster than on traditional KYC online casinos
- It offers you more privacy than traditional online casinos
- Fewer risks of having your data stolen
There are many other advantages of using Bitcoin casinos that do not require users to share their information. We now get into the details of each of these benefits.
No country restrictions
There would be no country restrictions when playing at online crypto casinos that do not request data from users. This is because the casino does not have to be compliant with these regulations that are usually required by those jurisdictions that offer an official license to casinos.
Although not having a license could be harmful to online casinos (they offer a smaller variety of games), it would also let them attract a larger number of users that might not be able to play on traditional and licensed crypto casinos.
You can use VPNs
Another positive thing about anonymous Bitcoin casinos is related to the fact that you can play using a VPN. This is a very important thing if you want to protect your privacy and information. Indeed, VPNs are commonly used all around the world, which is very positive for players that value their privacy.
Although licensed casinos would sometimes let you play with a VPN, you can be sure that casinos without KYC would be the best option if you want to avoid any type of problems with the platform.
Withdrawals are confirmed faster
Considering that there is no need for the casino to be compliant with anti-money laundering (AML) regulations, they can process transactions faster.
This is something that would take longer using regulated casinos as the platform must make sure and confirm the withdrawals through other types of processes. Although small withdrawals would be instantly processed, large payments might require a longer time. Indeed, the Bitcoin casino could request additional information from users.
Basically, if you don’t want to wait a long time for your withdrawal to be processed, then use BTC anonymous casino.
It is more private
As we already know, using digital currencies to play at online casinos is already better than using bank accounts or debit and credit cards. But there are still some things and information that we need to share with the casino if we must pass a KYC check.
Without the need to share our private information, even for larger amounts, we can be sure that our private data is not shared with anybody else.
Fewer risks of having your data stolen
Of course, not having to share our private data is very positive in many different ways. We would not be at risk if the casino gets hacked. How many times have we seen platforms that were affected by attacks from hackers that gathered private information from users?
This is something more difficult if you are playing at a casino that does not require your private data. As you do not share it with them, you are not only keeping your data only for yourself but you also avoid the platform getting hacked and stealing your information.
🛡️ Is it safe to play at an anonymous BTC casino?
The short answer is yes; most of the time it would be safe for you to play at anonymous Bitcoin casinos with small amounts of money. However, there might be some cases in which some online platforms could use the opportunity and steal your funds. But let’s have more details on how safe it is to play using an anonymous crypto casino.
One of the first things that you check when you search for an online casino is whether it has a license or not. This would be a very important thing for many players, as it creates a sense of security and legality that unregulated and unlicensed platforms do not have. But this situation might only be up to a certain point. Indeed, safety differences between licensed and unlicensed casinos are fewer than what you might think.
Most cryptocurrency casinos have a license from Curacao. This is the most common license that an online casino can get. Casinos pay a yearly fee to this jurisdiction in order to get it. Of course, there are some things that the casino must also be compliant with: KYC checks and country restrictions, among other things.
The main benefit of having a license is not linked to players’ safety. Instead, having a license would let the casino start partnerships with different game providers, which is very important for them. Without these game providers and these partnerships, they would not be able to offer some of the most interesting and fun games in the market.
Playing at anonymous cryptocurrency casinos would be almost as safe as playing in licensed casinos. If there is a problem with a player at a licensed platform, Curacao is not expected to conduct an investigation process to try to find what happened to the user. Indeed, this player should consider that it is up to the casino whether to solve the issue or not.
That being said, it is also possible for an anonymous Bitcoin casino not to pay the winnings out. But this is a situation that can happen in any type of gambling platform, independently from the license they have.
Before starting to play at an online crypto casino (anonymous or not) it is very important to check the reputation of the platform. Some casinos might have already encountered issues with withdrawals, and this is something that you want to avoid at all costs. If you see that there are no recommendations or positive reviews about an online casino, then you should try to avoid that platform.
🥷 Does crypto allow you to play anonymously?
Cryptocurrencies would give you more privacy than traditional payment methods. When you use credit cards and bank accounts, you are basically sharing all your details: name and surname, email address, bank number, credit or debit card number, and more. This is certainly not the way in which you want to play.
By using virtual currencies, you would not be sharing this information with the online casino platform. In just some clicks, you would only send the funds that you have in your virtual currency to the online casino, without sharing any other private details.
But this is not exactly anonymous. Although using Bitcoin and Ethereum is already better than using bank accounts or debit and credit cards, they are still not anonymous. As we already know, when we perform a transaction on any of these networks (among others), all the information about the sender and the receiver would be available to anyone interested.
That means that the casino platform would be able to know the information about how many BTC you had in your wallet and which were the previous transactions processed. Moreover, if you have used your name and passed KYC checks on the casino, your Bitcoin wallet is now linked to your identity, which is not a good thing if you want to remain anonymous.
There is still a way in which you can protect your data and information while still using virtual currencies. In the market, there is a type of virtual currency called private coins. These digital assets make it almost impossible for others to check previous transactions, link your identity to a specific wallet and more. Monero (XMR) and Zcash (ZEC) are the most popular privacy coins in the cryptocurrency market.
In the future, Tron (TRX) and Litecoin (LTC) wanted to add additional privacy features, but this has yet to be developed and tested.
Monero
Monero was created and released to the market in 2012 and it is one of the oldest coins to remain active nowadays. It uses some of the most advanced technology available in order to make transactions private and secure.
If you want to remain anonymous, Monero is definitely the coin that you want to use. Your public address would never be shared with others and your funds cannot be tracked using blockchain analysis tools. Furthermore, each XMR is fungible, which means that there is no way to blacklist XMR coins, which is something that can happen with BTC and wallet addresses on the Bitcoin network.
Zcash
This coin was created by Zooko Wilcox and it uses a technology called zero-knowledge proof (zk-SNARK) that makes it possible for the network to offer privacy solutions to users. You would be able to process traditional payments using ZEC without having to be worried about sharing your private data.
There are other types of privacy coins that were not successful in the cryptocurrency market. Most cryptocurrency online casinos are already supporting Monero and just some of them are already working with ZEC.
🌐 Use VPN for additional anonymity
In order to reach an even larger degree of anonymity and privacy, casinos without KYC controls would let you use a VPN. VPNs are very useful for users that want to protect their information while on the internet and when playing their favorite Bitcoin casino games.
There are some benefits that are worth taking into consideration about using VPNs to play at online Bitcoin casinos.
- Your network remains secure
- Avoid geo-restrictions
- Reduce trackers from getting information from you
- Private information is protected
Protect your network
This is one of the basic solutions provided by VPNs right now. You are basically securing your network and every single interaction you have online. If you want to play at online Bitcoin casinos, this is a very useful thing as all the data would be protected while you use these platforms.
If you do not trust a casino site without KYC, then you can easily activate a VPN and remain secure. Websites would not be able to track your data and information and then promote ads that you might not want to see. Thanks to a VPN, websites would not be able to get this information from you and your data would be properly secured.
Avoid geo-restrictions
When playing at some online casinos, you will find that there are some geo-restrictions. Although this usually happens in licensed platforms, it could also be the case with a few no-KYC Bitcoin casinos.
Thus, using a VPN would let you hide your real IP and show an IP from another location. This is something very common to do and very useful for those individuals that do not want to share this information with the casino. Take into consideration that some platforms would not let you use a VPN.
Reduce trackers from getting your information
As we mentioned before, online trackers that want to get your browsing data and activity would not be able to do so if you use a VPN. In this way, you would be able to use anonymous virtual currencies at no-KYC casinos and protect your data using a VPN. This is the best thing that you can do if you really care about your privacy.
Make sure that before depositing funds to an online casino you read the terms and conditions and check whether the platform is allowing you to use VPNs. You don’t want to deposit funds and discover that your account got banned.
👉 How to choose the best anonymous Bitcoin casino?
Let’s now focus on how to choose the best anonymous BTC casino to play in. The first thing you should do is check the casino’s reputation, this is definitely important as it would provide you with valuable data about the site you are about to use.
Moreover, you should also make sure that they support privacy coins and that they allow you to use a VPN without getting banned. If you do not know how to check that, you can always talk to customer support and get this information from them.
Check the reputation of the casino
Checking the reputation of the gambling platform that you are going to use to play casino games is very important. As we always say, you should make sure that there have been no problems with this casino in the past. Specifically, you want to verify whether they had problems with the withdrawals or not.
This might be an obvious thing to do, but using a casino without a license would require you to double-check the platform that you are using. Read reviews, check users’ comments and find feedback online about how the Bitcoin casino works and the services that they are offering.
Make sure they support privacy coins
If you are a person that is obsessed with privacy, then you should definitely check whether the casino is offering privacy coins. Most casinos would support Bitcoin, Ethereum, and Liteocin. But not all of them would let you play with XMR or ZEC.
In the deposit methods section, check if they have these two virtual currencies available. Most of the time, you will find that XMR is supported. Thus, this would already be a great option if you want to protect your data and information when sending a transaction to the casino site.
Read the Terms and Conditions to understand if VPNs are allowed
Finally, you should read the terms and conditions before sending money to an online casino. This is a must, even if you already know the platform. You want to make sure that there are no geo-restrictions in place, you also want to check if they let you use a VPN and you want to confirm that you comply with all the specific requirements that this no-KYC casino might have.
If the online casino that you have selected passes all the previous checks, then this could be a good platform for you to start playing Bitcoin games while protecting your data and privacy at the same time. In most cases, the experience would not be 100% anonymous, but it would give you a high degree of privacy that casinos with KYC checks would not give you.