Onboarding Friction for Event Betting Platforms - A Shared Experience?

Been diving deeper into some of these event betting platforms, particularly on the crypto side, and I'm consistently struck by the onboarding friction. It's not just the KYC/AML, which I understand is necessary, but the clunky interfaces, often slow verification times, and then the hoops you jump through just to fund an account. Compared to traditional prop firms or even some crypto exchanges, it feels like these platforms haven't quite ironed out the user journey. It often involves multiple wallet transfers, bridging assets, or navigating obscure payment processors. This isn't just an annoyance; it impacts the ability to quickly capitalize on time-sensitive opportunities when market sentiment on a particular event shifts rapidly.

I'm curious if others have similar experiences. Are certain platforms significantly better than others in terms of deposit/withdrawal speed, ease of use for the non-crypto native, or simply a more streamlined KYC process? It feels like the market for these products is still nascent enough that there's a lot of room for improvement on the infrastructure side, particularly if they want to attract a broader user base beyond the early adopters comfortable with every crypto nuance. The underlying tech for the prediction markets themselves is often elegant, but getting money into them can be a real headache. Any insights or shared frustrations here?