Ensuring Security in Crypto-Based Online Casinos
Bogdan LashchenkoOnline casinos have become increasingly more common, popular, and legal in the past few years across the United States. Many of these online casinos offer cryptocurrency as a payment method, allowing players to use their cryptocurrency accounts to pay to play their favorite casino games.
Brick-and-mortar casinos are often characterized by their high-security systems and layers of protection in efforts to ensure the safety of money coming in and out of their walls. These digital casinos have done just as much work to protect the personal data and financial data of their players that bring business to their casino platforms. Let us look at how online casinos have created impenetrable security measures for their players that opt for cryptocurrency transactions.
1. Licensure
First, to start playing online casino games, you must choose a reputable one licensed by some gaming governing body. Licensed casinos are lawfully bound to protect your personal and financial information, which is non-negotiable.
Any high-quality online casino is licensed in a credible jurisdiction. Malta and the United Kingdom are the two most common governing bodies in the gambling industry. At the bottom of any authorized online casino website, you can find the casino’s governing body and license number for reference. Do not sign up for a casino that lacks this information and doesn’t have it available to the public.
Casinos part of a licensed gambling authority are subject to routine auditing to ensure that the games and systems are fair and safe for players to engage with online. Passing these routine audits allow online casinos to maintain their license.
2. Random number generators (RNGs)
Another indicator of a fair, safe casino is the use and proof of random number generators (RNGs) in the casino systems. With a reliable RNG, players can know if the games they are paying to play are fair. Using RNGs in slots and virtual card games ensures that the slot spin or card deal is genuinely down to chance instead of an external stimulus. Reputable casinos that hold security with conviction will use RNGs and publicly display information that verifies RNGs as part of their online casino platform.
3. SSL (Secure Sockets Layer) encryption
SSL encryption is another method online casinos employ on the transactional side of their business. SSL encryption guarantees the safe sharing of information across two points (user interface and online casino backend) on the internet. One measure of this is the secure login details that online casinos allow users to create. Passing this first layer of personal identification to reach the casino user’s profile is one security measure. SSL encryption is an added security layer that transmits the casino player’s data in an encrypted fashion. This makes it impossible for any third party to hack or penetrate the casino's security measures.
4. Private networks
This security measure is the responsibility of the online casino player, not the casino. Any online activity involving personal or financial information on a public network is generally a cause for concern. Engaging in this kind of activity on a private network is best. Casino security is not guaranteed on public networks. If you often use public networks, it may be worth installing a VPN or a mobile broadband accessory for your device.
5. HTTPS web address
You may have noticed that your online casino interface has an “https” web address. This is a secure communication protocol that protects any data that is entered into the website interface. All information exchanged between the casino player, and the online casino site is encrypted and almost impossible to decipher.
6. Secure banking
Online casinos feature exquisite secure banking options, specifically for cryptocurrency-accepting casinos. Cryptocurrencies are unique because there is an added layer of financial security due to the blockchain on the crypto-banking side of the equation that debit and credit cards don’t have available. This extra security layer is good when exchanging large sums of money across your favorite gambling platform.
7. Firewalls
Firewalls are another form of security that online casinos use to block and direct internet traffic on their casino sites. The directing of traffic that firewalls allow casino platforms enables them to prevent flagged activity from penetrating the casino server. Blocking malicious codes, hackers, and other third parties lets casino players relax, knowing their information is protected with military-grade protection.
Bogdan Lashchenko – content manager at EgamersWorld.Bogdan has been working at EGamersWorld since 2023. Joining the company, he began fillin the site with information, news and events.