Re: Best Practices for Staying Safe When Gambling with Cryptocurrency

Quote from: edmundduke on September 22, 2023, 06:52:31 PM

Quote from: alinknila on September 22, 2023, 03:10:27 PM

This is the place to share the best ways to stay safe while gambling with crypto
Unique and practical ideas will be summed up in the list below. As a starter, I will list mine.

Best practices

Enabling 2FA
Setting a loss limit

Have fun and gamble safely

Sure this will help keep your account safe but its not the main thing i worrie about when visiting these sites. Fom my own side i would make a somewhat overlooked observation: Before you start gambling, make sure you understand the value you are going to bet or deposit in your local currency terms before you do it. It is SO EASY to overlook the actual amount in FIAT and get a feeling like its play money you are using.

2FA security level give the gambler another level of security and that can translate into so many avoidable security challenges and in the event that the casino is hacked your account may have another possible security set that will give the hacker another level of job to get by it and still your balance.

This is why most of the hackers are targeted at casino hot wallet instead of gamblers accounts because the hackers already know that some accounts already have a 2FA security level and will be difficult to break in.