There are many types of online casino, including real money online casinos and sweepstake casinos. They differ because one casino uses real money and the other uses virtual currency. In addition to these two online casinos, we also have no KYC casinos. What are no KYC casinos and how do they differ from other types of online casino.
What are No KYC Casinos?
That brings us to the use of no KYC casinos. As you may have guessed from the definition of KYC, a no KYC casino is one where you do not have to create an account to play the games. There is no registration form to complete, you can enjoy the games and win without entering any personal information. This works well for online cryptocurrency casinos because using cryptocurrency itself provides enough privacy, protection, and transparency, without the need to include personal information, such as photographic identification. You can play at the casino anonymously but because you are using cryptocurrency, you still have the opportunity to win.
What Does KYC Mean?
Before we can look more closely at no KYC casinos, we must define ‘KYC’. The term ‘KYC’ means ‘Know Your Customer’ and in relation to online casinos it refers to the process of signing up at the casino. By completing a registration form, the online casino has information about you and can learn things about you based on that information. The information can include a postal address, an email address, a mobile phone number, a name, and a password. An online casino can also ask for some form of photo identification, such as a passport or a driving license. This is used to cross check the other information you have provided to confirm you are who you say you are in the registration form. Some online gambling regulators make it mandatory for the casinos operating in their region to follow this practice and, in most cases, it is harmless, and the information is stored securely.
Which No KYC Casinos to Use
There are many wonderful no KYC casinos available online. Ancient Egypt reviews top no account casino options for savvy gamers and you will find fantastic reviews of the leading KYC casinos. You can read the reviews and decide which no account casinos you would like to join. The bonuses and benefits of each no KYC casino are listed, making it easier to choose the best no account casino for you.
Why Use a No KYC Casino?
The main reason to use a KYC casino is so you can remain anonymous when gambling online. You should never see a KYC casino as a method to hide your online gambling from family and friends. That is not the benefit of gambling online anonymously and you should always be open to the people around about your gambling hobby. However, there are some instances in life where it is better your online gambling is kept to one side. Obtaining a loan to buy a house is a good example. If you want to purchase a property and need to take out a loan to cover the payments, a lender will investigate your financial details. If they see you like to play online casino games, there is a chance they will frown upon that activity, even if it is just for fun and well within your means financially.
Also, you or someone you know could have been the victim of online identity theft. In that case, you will be worried about providing your personal information online and that makes a no KYC casino the perfect option.
