Are Bitcoin Casino Gambling Anonymous?

Are Bitcoin Casino Gambling Anonymous?

Since Bitcoin payments are anonymous, players may think their identities are unknown. At some point, this type of data will be revealed, either when making the first withdrawal or when transferring money to a bank account. It is also quite possible that certain top Bitcoin casino platforms will require the provision of identification data when registering.

The easiest way to find out where the money is going/coming from is when a transaction takes place. Each operation with Bitcoin is recorded in the system, and the sending or receiving addresses are visible. However, it is unknown who owns the wallet because payment no personal data is required when registering using such a payment method.

However, if you want to play anonymously at a Bitcoin casino, we have searched through the dozens of available websites and found some reliable sources where you can enjoy the absence of requesting identity confirmation (KYC procedure):

  • Bitcoin Games – you are not asked for any identity data. This Bitcoin online casino is on the Pay N Play pattern, and that is all. You simply deposit money, and you can start playing.
  • Stake Casino – you can register with an account on a social network (it does not have to be the official account).
  • OneHash – you are asked for an email address to confirm your account when registering on the platform.
  • Crypto Games – you may be asked for an email address to validate your account.

The reasons why many Bitcoin casino gaming platforms do not require identity documents from players lies in the contradictory legislation governing the cryptocurrency market. Not all the worlds’ states consider cryptocurrencies to deal with (as fiat currencies are). And this aspect contributes to the registration of casinos in jurisdictions that do not regulate digital currency payments in any way.

Generally, a deposit at a https://lejos.org/ casino is made instant (as a processing time). But in terms of confirmation (until the transaction becomes irreversible), it can take 10 minutes or more. You should take into account one factor: the number of confirmations. Each site individually processes a withdrawal in a convenient period and relates to the number of confirmations.

Sometimes, it can be carried out in a day. In other cases, it can take up to three days. The higher the deposit amount, the more confirmations will be required. When choosing the best Bitcoin casino, you have to consider this data and whether deposit/withdrawal limits are imposed.

Read more: Best Gambling Payment Providers

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