Handing over personal details every time you create an account is one of those ‘downsides’ to modern life that is becoming increasingly frustrating. It’s not just casinos, but a lot of different sites that require more of our personal data just to do what they’re supposed to do in the first place.
It used to be a relatively small number of the sites we visited that required our personal information but, these days, sites that let us pass through relatively anonymously seem to be in the minority. It’s galling, particularly when the activity involves nothing more complicated than moving some digital currency into a gaming account.
A blockchain transaction can move funds without putting a name and home address directly into the payment itself, while some crypto casinos offer accounts with reduced or delayed identity checks. That can make the initial sign-up process considerably lighter, although the word “private” needs a little unpacking before anyone assumes they’ve disappeared from the internet. Bitcoin and other cryptocurrencies are often described as anonymous, but pseudonymous is usually a more accurate description.
Transactions are recorded publicly on their respective blockchains, with wallet addresses visible even when the person controlling an address isn’t immediately obvious. Once an address becomes connected to a real-world identity through an exchange, payment provider, casino account, or another service, that trail can become considerably easier to follow. The casino might also collect plenty of information.
Email addresses, IP addresses, device information, account activity, deposits, withdrawals, and betting behaviour can all be stored internally, regardless of whether the payment arrived through a crypto wallet. So there’s a difference between keeping payment details away from a traditional card network and being completely anonymous.