KYC Policy
At Buddy Bet, adherence to the KYC (Know Your Customer) procedure is an essential part of responsible and secure gambling operations. Verifying a player’s identity helps prevent fraud, money laundering, and ensures compliance with licensing regulations. The KYC process also protects users by preventing underage or unauthorized individuals from accessing the platform. This way, Buddy Bet provides a safe and fair environment for all registered players.
KYC verification is not optional — every Buddy Bet user must complete the identity verification process to fully access the platform’s features. This requirement is based on international regulations and the Curacao license no. 8048/JAZ held by the service. Verification protects players from unauthorized account access and ensures the legality of all transactions. Additionally, it helps combat issues such as gambling addiction and the financing of criminal activity.
What Documents Are Required
The KYC process requires the submission of several basic documents. First, a valid photo ID must be provided — this can be a passport, national identity card, or driver’s license. The next step is to confirm your residential address, which can be done using a recent utility bill or a bank statement from the last three months. If you’re using a credit card for transactions, Buddy Bet may request a photo of the card with some digits hidden. All data is handled confidentially and secured in accordance with the platform’s privacy policy.
How Long Does Verification Take
The standard processing time for documents is between a few hours and up to 48 business hours. Buddy Bet makes every effort to ensure the procedure runs smoothly and without unnecessary delays. In some cases, the verification team may request additional information or higher-resolution images. It’s important to ensure that all submitted files are clear, current, and meet the stated requirements. The more accurate the data, the faster the account can be verified.
Consequences of Not Completing Verification
Failure to complete the KYC process results in limited account functionality. Players will not be able to withdraw funds or participate in certain promotions until the process is completed. A prolonged lack of cooperation may lead to suspension or even permanent closure of the account, as stated in the Buddy Bet terms and conditions. Verification is not just a formality — it is a necessary step toward fully enjoying the platform’s services. To ensure legal compliance and user safety, Buddy Bet strictly follows this policy.