MegaDice Rail Case: “No-KYC” Casino Model and Dual Fiat-to-Crypto On-Ramps via Changelly, Banxa, and MoonPay

Overview

Scam-Or Project reviewed the crypto casino and sportsbook MegaDice on January 11, 2026 as part of its Rail Atlas research. MegaDice operates under a Curaçao license and is managed by MIBS N.V. During testing, the platform was accessible from multiple EU jurisdictions and the United Kingdom, with account creation requiring only an email address.

The platform supports direct cryptocurrency deposits without an observable casino-side KYC process. In addition, MegaDice integrates a “Buy Crypto / Compra Crypto” feature that redirects users to third-party fiat-to-crypto providers, including Changelly, Banxa, and MoonPay. Based on observed flows and provider documentation, identity verification appears to be conducted by these on-ramp services rather than by the casino itself.

Key Facts

Operator and Licensing

• Operator: MIBS N.V.
• Jurisdiction: Curaçao
• Regulator: Curaçao Gaming Authority
• License: OGL/2024/1718/0938
• License Status: Active

Onboarding and Access

• Registration model: Email-based account creation with email verification.
• Jurisdictional access: Platform functionality was available from EU countries and the UK during testing.
• Marketing positioning: The casino promotes minimal onboarding requirements.

Deposit and Funding Rails

Rail 1 — Direct Cryptocurrency Deposits

• MegaDice presents direct crypto deposits as the primary funding option.
• Wallet address generation is provided within the platform.
• No casino-side KYC checkpoint was observed during testing.

Rail 2 — Fiat-to-Crypto via Changelly and Banxa

• MegaDice embeds a Changelly “Buy Crypto” interface.
• Transaction execution routes users to changellywidget.banxa.com, indicating a Banxa-hosted widget.
• According to Banxa support materials, users selecting Changelly’s “Buy” option may be redirected to Banxa to:
• Create an order,
• Complete identity verification (KYC),
• Finalize fiat payment processing.
• Banxa documentation also notes that Changelly does not operate a proprietary wallet, requiring users to supply a destination wallet address.

Rail 3 — Fiat-to-Crypto via MoonPay

• The MoonPay option redirects users to buy.moonpay.com.
• MoonPay’s public documentation confirms that identity verification is required to use its services.

Supporting Traffic Signal

• An internal Similarweb snapshot from December 2025 indicates 2,271 visits to changellywidget.banxa.com.
• This figure suggests notable user interaction with the Changelly-to-Banxa rail, although it does not confirm completed deposits.

Observations and Context

Structural Interpretation of the Rails

The observed setup reflects a commonly used offshore operational structure:

• The casino layer maintains minimal onboarding requirements.
• Compliance responsibilities for fiat conversion and identity verification are handled by external on-ramp providers.
• Changelly appears to function as an interface or marketplace, while Banxa and MoonPay act as the fiat processors executing transactions and applying KYC controls.

Banxa’s own Changelly-related documentation supports this division of roles.

Jurisdictional Considerations

Testing indicates that MegaDice services are accessible to users located in the EU and the UK, despite the platform not holding local gambling authorizations typically required in these jurisdictions.

The casino lists the UK, France, and Spain as restricted territories, while also presenting itself as “VPN-friendly”. This approach may shift legal and financial responsibility away from the operator and toward individual users, depending on applicable national regulations.

Why the Findings Are Relevant

From a regulatory and financial-controls perspective, the primary leverage point is not the casino interface itself but the fiat-to-crypto conversion layer. When direct crypto deposits are available without visible checks, on-ramps become the critical control mechanism.

Where third-party payment providers enable transactions that support unlicensed or unauthorized gambling activity, this may increase their exposure to regulatory scrutiny under:

• AML/CTF requirements,
• Payments and sanctions frameworks,
• Consumer-protection obligations,
• Merchant due diligence and transaction monitoring standards.

Request for Information

Scam-Or Project invites information from individuals who have interacted with MegaDice’s funding rails.

Relevant materials may include:

• Deposit attempts via Changelly/Banxa or MoonPay,
• Error messages or rejection screens,
• Order confirmations or receipts,
• KYC prompts,
• Deposit wallet addresses,
• Payout behavior.

Individuals with internal knowledge (e.g., affiliates, payment service contacts, compliance or support staff) regarding how MegaDice routes “Buy Crypto” traffic between providers are also encouraged to contribute.

Information can be submitted securely through the Scam-Or Project whistleblower section. Supporting evidence such as screenshots, timestamps, and jurisdiction or device details is helpful for contextual review.