Here at BK8, we take responsible gaming seriously. This means preventing suspicious activity that could be linked to money laundering or financial fraud.
What's Coin Mixing and Why is it Not Allowed?
You might have heard the term "coin mixing" before. In our context, it refers to depositing funds, then withdrawing them almost immediately without placing any bets, or with minimal wagering.
Why is this not allowed? Coin mixing can be a tactic used to disguise the origin of funds. To maintain a secure and legal environment for all our players, BK8 has to take steps to prevent it.
What Can You Do?
Play as Intended: BK8 is a gambling platform! Deposit funds, place your bets, and enjoy the games. There won't be any issues with withdrawals as long as you're using the site as intended.
Accidental Deposit? No Problem: If you deposited by mistake and don't intend to gamble, most of the time you can simply withdraw the funds back to the original deposit address. (After fulfilling the withdrawal requirements)
KYC Verification as a Last Resort: If the above solutions don't work, BK8 might request Know Your Customer (KYC) documents to comply with Anti-Money Laundering (AML) regulations.
Remember, responsible gaming is a priority at BK8! If you have any questions or concerns, don't hesitate to contact our friendly support team.