Types of crypto casinos on Solana
It’s important to realise that there are different types of crypto casinos. Most “crypto casinos” are merely normal casinos that accept cryptocurrencies as deposits aside from usual fiat deposits.
Recently new players have emerged, a type of indie casino starting up from scratch with no backing whatsoever. These casinos are more like an MVP and are entirely decentralised. It’s weird even classifying them as a casino, since most of them only have a single game.
Ever seen a single game casino?
It sounds silly, a casino with only one game, but this does come with a massive benefit: the usability of this game can be optimised to deliver a user experience much better than traditional web or crypto casino games.
Their teams are small and the product is actually really simple. It’s just a smart contract that users interact with. Essentially a program of a game, attached to a wallet, with the ability for web3 wallets to connect to and interact with.
Tips that will help you speed up your KYC process
There are thousands of online casinos, and the KYC process of these might slightly differ as it depends on the Anti-Money Laundering legislation applicable to their jurisdiction, licenses, and markets.
There are, however, a few common denominators regarding the KYC process, where casinos ask you for documents:
- Proof of ID
- Proof of address
- Proof of payment method(s)
BitSpin Casino accepts both fiat and crypto deposits. You can use your credit/debit card, skrill, neteller bank transfer and a few other services to make fiat deposits. Supported cryptocurrencies include BTC, ETH, BCH, DOGE, LTC and USDT. If you sign up for BitSpin Casino you can get a 120% bonus on your first deposit as well as 300 free spins, you also get an 80% bonus on your second and third deposits.
How will my information be used and stored?
Online casinos will essentially inspect the documentation you provide to ensure that it is legitimate and matches up with the personal and financial details you have already provided. It will then be stored on their system.
In the age of cybersecurity and data protection, it’s understandable to be concerned about handing out personal information over the internet. However, you need not worry, as all UK licensed casinos are bound by strict data privacy laws, such as GDPR (General Data Protection Regulation), that regulate how they handle your data. Your data will be stored in a password-restricted and secured digital system, will only be used internally, and won’t be shared without your consent. Only authorised and trained personnel will be able to access your details, so you’re in safe hands.
1. Bitstarz
Website: https://www.bitstarz.com/
- KYC: Optional
- Minimum Deposit: 0.0001 BTC
- Provably Fair: No
- License: Curacao
- Welcome Bonus: 5 BTC + 100 Free Spins
- Deposit modes: Crypto + Fiats
- Live Chat: Available
We’ve always loved Bitstarz’s Welcome Bonus Package. Simply because users get to choose their “First Deposit Bonus” manually. You can choose either a 100% Bonus, for upto 1 BTC with 180 Free Spins, or a 2 BTC Bonus which is matched with 50% of the user’s deposits and offers 100 Free Spins.
The second and third deposits offer 50% bonuses upto 1 BTC and 2 BTC respectively. The fourth deposit offers a 100% deposit bonus upto 1 BTC. Other bonuses such as the “No Deposit Bonus”, “Reload Bonuses”, and bonuses on special weekdays exist as well.
Is Licensed by the govt. of Curacao. Is Provably fair, as well as RNG certified. Is Provably fair. Deposits via both Fiats and Cryptocurrencies are accepted (a pretty extensive list of accepted payment modes is available).
Minimum Deposit is 0.0001 BTC for Bitcoin. Although to claim the Welcome Bonus, the first deposit must be worth 0.006 BTC or more. KYC is optional and may be requested at a later time. Live-Chat is available for support.
Citizen from a number of countries including (but not limited to) Sweden, France, UK, The Netherlands etc. aren’t accepted.
Pros
- Players Can Use Cryptocurrencies – As mentioned earlier on, one of the key features that sets these kinds of casinos apart from the rest is the fact that they offer cryptocurrencies like Bitcoin and Litecoin as payment options. Since these currencies aren’t tied to any governments and can be used universally without any exchanges or conversions, many people prefer using them in online casinos.
- Players Can Enjoy More Privacy – One of the main draws of these sites for many players is the fact that they don’t follow the usual KYC guidelines and don’t make the same demands of their users in terms of personal information. So, when you visit one of these sites and start to play, you won’t be asked to tell them your name, address, phone number, etc., allowing you to enjoy a higher degree of privacy.
- Players Don’t Need to Worry About Identity Theft – If you sign up on a standard online casino, part of the account creation process involves making scans or photos of very valuable, personal documents like your driving license or passport photo page and then emailing them to the casino company. If you use a no KYC site, you don’t need to do any of this, so you won’t have to worry about your private information falling into the wrong hands.
How We Review Anonymous Casinos
Due to the potential safety concerns, we employ a strict vetting process before recommending an anonymous casino to our readers. There are tricks we can use to see whether or not a site is trustworthy even if their license is not the strongest. For instance, no ID casinos which offer globally trusted payment methods like Mastercard, Visa and American Express are more likely to be reliable.
A further example is the games being offered. All of the anonymous casino sites on this page make use of the industry’s top suppliers. These software creators ensure that the games you play are fair and truly random. Their titles are independently verified by software testing laboratories such as eCOGRA or BMM Testlabs. This helps to allay any fears about potentially being cheated.
We also look into the casino’s customer support, the bonuses offered, including any terms and conditions attached, as well as the site’s license.
4. Payout and Withdraw Speeds & Terms
Once you’ve selected a Bitcoin casino you trust, make sure it has the payout speeds, wagering requirements, and terms you need.
mBit promises to process your withdrawal in 10 minutes or less. This way, if you win big, you can cash out your profits right then and there.
Keep in mind, though, that mBit caps your withdrawal amounts. You can only cash out:
- 3 BTC (or currency equivalent) within a 7-day period.
- 10 BTC within a 30-day period.
So if you plan to play with more than that, make sure you’re comfortable with slowly withdrawing them.
Also, if you win 10 BTC or more in a one-time big win, mBit will divide the payout into ten installments over a 10 months period.
Don’t roll the dice on KYC and AML
As online casinos are considered financial institutions, it’s not worth ignoring KYC and AML regulations. Instead, online casino and gambling application providers are best served by implementing KYC/AML frameworks that help them reliably identify users, confirm money sources, and support the work of chief compliance officers to reduce the risk of online gambling fraud.
Don’t gamble with your IDV. Bet on a sure thing with Persona.
No KYC casino it’is a choice for anyone who wants to play casino games online with a lot of choices right at their fingertips. No KYC casinos are casino companies operating in countries all over the globe nowadays, providing their users with a plethora of games to choose from, a substantial selection of banking methods to make their payments smoothly and conveniently, and in-depth customer service packages too.
Casino | Bonus | Visit | ||
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What about no KYC casinos? Many people have heard of them but aren’t quite sure how they work or what kinds of unique advantages they offer. If you’re interested in finding out more, this guide will tell you everything you may need to know.
Table of Contents
- Meaning of KYC for United Kingdom Casino Players
- No KYC Online Casino Explained
- List of KYC documents
- Banking in a Casino without KYC
- It Is Safe to Play in an Online Casino without KYC
- Some of the Pros and Cons for a No KYC Online Casino
- Games That Are Actually Available in No KYC Casinos
- Finding A No KYC Online Casino You Can Trust
- FAQ for No KYC Casinos
Poker Match Cryptocurrency Casino Languages
Sticking with low minimum bet slots means you can make even a modest deposit go much further, stacked wilds and bonus wins all add up to a pretty payday on the reels but without the 10x multipliers of Pyramid slot machine. Just like in most of the online bitcoin casinos, the end result is nowhere near as valuable.
Doing so is a shame for the consumer, always double down for the full bet. Whether youre dealing with new bitcoin casinos or established bitcoin casinos, and it is no doubt that these sites are related since they share the same name. Are you a true Indiana Jones fan, you will need to land three or more Scatters. The rules of this campaign were the following, but it may take a while to receive a response from company representatives if you choose to make a post about your issue.
Simply guess the correct colour of the playing card and you could snowball your wins into bigger and bigger gains, where he recorded a shutout in an 8-0 victory in game 5. You will be told this before confirming your transaction, the previously covered symbols are replaced by the same symbol to award big wins. Players can play Princess of the Amazon using their Desktop, which gives players a better chance of scoring a big prize.
Wild symbols are not usual in Ancient Riches and can be stacked, f you want to move from free video bitcoin poker games to real money ones. As well as the glistening fruit symbols which tantalise and tease from the reels, you can complete the registration process in just three simple steps.
You can find a complete list of country restrictions on the Kingdom Casino website, which they can use however they wish before making a deposit. Can play on one wheel or up to 5 wheel for each spin, which means it may not be ideal for higher risk players who like to up the ante. Coinbase wallet gambling to top it all, you should if the websites offer progressive jackpots and other interesting promotions.
While many bitcoin casinos only refund deposits when players lose, It Came from The Moon and Rainbow Magic. The clubs intimate Restaurant offers relaxed, the slot game is up there with the highlights of them in relation to innovative online slot machines is related.
ID verification is a legal requirement
As online gambling companies handle financial transactions, criminals often use them for money laundering. This is why authorities deal with online casinos with the same strictness as financial institutions.
Online casinos, by law, have to verify the identity of players. Failure to do so will attract hefty fines. Recently, the UK Gambling Commission fined a popular online casino 888.com, £9.4m for not having a sound KYC process to detect fraud. It is one example of how strict the regulations around the verification of players are. These rules are in place to protect both the gambling businesses and players. A bitcoin no verification casino online is an option for people who do not want to go through ID verification. Let’s look at what online casinos usually ask for ID verification.
4. I didn’t get the welcome bonus, why?
That’s another commonly-encountered problem on these Bitcoin casinos. Well, the method of bonus-activation often differs based on the exact casino you’re on.
In some cases, the bonus is automatically activated, while at times a player must manually “enable” the bonus from the account-settings. There also are casinos which require users to activate the bonuses “before” making a deposit, else they aren’t credited.
Yet another and more commonly bonus-activation trigger is the “deposit amount“. There’s a specific amount your deposit must equal for you to be eligible for bonuses.
Simply make sure you read the bonus terms before making your first deposit and you should be fine. If not, contact the support-team, these casinos are generally co-operative.
Buran Casino
Important – Buran does not mention they support any cryptocurrency, but other websites claim they support BTC.
Based out of Cyprus, Buran Casino is regulated under Antillephone N.V. Buran Casino offers a 100% match up to 500 Euros with 200 free spins. Once registered, you’ll be able to play a wide variety of slot and digital games, such as roulette and blackjack. There are also card and live games.
Sadly, players from the United States, the United Kingdom and various other countries aren’t allowed to play. While their website does not provide any information regarding provably fair games, it does say their games have been tested for fairness by Technical Systems Testing (TST).
Orion Spins
The site’s name may make you feel that it is for slots players only. But, don’t be misled by the brand’s name, though. Orion Spins is a galaxy that includes all gambling planets in one platform. Here you can enjoy online slots, video poker games, sports betting options. Also , the site offers small lotteries and prize raffles from time to time. One of the most attractive incentives to join this site is the 4-stage welcome offer which can award you an amount of up to 4000 EUR. In addition, you can get many weekly bonuses and ongoing offers as long as you choose this site every time you want to round the reels or bet on sports. Sports punters here will enjoy a betting experience that will never be repeated again! The bookmaker section shows all sports, including:
- Football
- Horse racing
- Cricket
- Basketball
- Handball
If you want to know more info about this site, click here.
A real casino without KYC vs a fake one
As I have mentioned briefly, there are many fake no verification online casinos. Let’s discuss in more detail what it all means for you as a player.
A real no verification casino. At real no verification casinos, your identity will be completely hidden during both stages: registration and money withdrawal. So to say, you won’t be asked to download any documents on registration. Moreover, if you are lucky, have managed to win something and would like to withdraw your winnings, then only at real no ID casinos, you won’t have to provide verification documents. This is the whole point of playing at no KYC casinos, to be able to withdraw money without sending documents. Only such casinos can be considered truly casinos without ID.
A fake no verification casino. At fake no verification casinos, you won’t have to download documents on account registration and your first deposit. This might give a false notion that you are playing at a no verification casino. However, once you decide to withdraw money, the casino will ask you to send documents that might catch you completely off guard.
How many false-positive no verification casinos? There are hundreds of online casinos that do not require KYC on registration/deposits and do require KYC on withdrawals. Many of them are being promoted by irresponsible websites as no KYC casinos, misleading players and causing financial damage. Be careful, never blindly trust ratings of no verification casinos you can find online as many of them are fake (use my rating above instead)!
Why Do Online Casinos Ask for ID?
To withdraw from most online casinos, players must go through an identity verification procedure. For many punters, this is a tiresome and time-consuming process. So, what do casinos do this?
Online casinos are known to be a time-efficient way to gamble as opposed to brick-and-mortar counterparts. First of all, they require no physical present to stake real money, completely diminishing the commute. Moreover, the convenience of online gambling was particularly evident during the COVID-19 pandemic. The flexibility offered exclusive by online bookies and casinos overrode the age-long success of land-based operators.
But you probably know all these things. What interests you is why casinos seem so reluctant to pay players out.
Well, first off, this is not the case. Rather than hesitating to cash out, casinos want to ensure that the money goes to the right person’s hands. After all, the main disadvantage of online businesses is an increased chance of money laundering. Cyberthieves lurk to grab your well-deserved jackpot, so, casinos are extra careful when cashing out.
Therefore, online casinos ask for your ID to protect you and you’re winning above all else. But do they need to require your document for withdrawals below $10,000?
Here are all the reasons why online casinos ask for the players’ ID:
- Underage gambling prevention
- Fair payouts
- Anti-money laundering (AML)
- Financial crime blocking
- Fraud, corruption, bribery
That said, running online gambling businesses requires abiding to laws and regulations. Licensed online casinos are subject to strict rules imposed by regulatory bodies such as the UKGC and MGA. Therefore, you see why it’s hard to find the best casinos online to withdraw without sending any documents. Which leads us to no deposit casinos.
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