I know I'll probably get lectured for this but I don't have 2 factor authentication set-upon any of my crypto betting accounts. In some of the accounts I have more than a thousand dollars. How stupid am I? My password is pretty strong so I figure I don't need one.
I use it all the time at crypto gambling sites because I think it's necessary. If you are using a regular bookmaker like Bet365 or Ladbrokes they'll ask you to make a deposit first with your Skrill or Neteller account for example, then you can only withdraw to that same account that is already linked to you. That makes it very hard to steal from you. With crypto, anyone who guesses or steals your ID will be able to login and withdraw your BTC to a wallet.
i'm embarrassed to admit that i've never switched it on. it's a pain in the ass having to put in some number every time and if you lose your phone you are locked out permanently.
the last time i made a withdrawal from nitrogen sports, it forced me to set-up 2 factor verification. you cannot make a withdrawal now until you have setup 2 fa.
I switched off 2 FA after making some withdrawals and their customer support contacted me telling me to stop doing that.
I recently used the 2nd verification with google by recommendation. I like it because it’s easy to process and I just need to have my smartphone near to me, which I think is really cool and also something to be more careful with the issue of someone getting hacked.
It's always an extra layer of security used to ensure that people trying to access an online account are who they say they are. First, a user will enter their username and password. Then, instead of gaining access immediately, they will be asked to provide other information. This second factor could come from one of the following categories: Something you know: it could be a personal identification number (PIN), a password, answers to "secret questions" or a specific keystroke pattern Something you have: usually a user would have something in their possession, such as a credit card, a smart phone or a small hardware token Something you are: this category is a bit more advanced and can include a biometric fingerprint pattern, iris scan or voice print
I feel honestly better by using one, even tho I don't have that much in my account but loosing it because of hackers would drive me crazy
Exchanges that use Two Factor authenticaion is one of the factors that we list that you should look for in any exchange you buying and selling crypto for gambling purposes https://www.bitcoingambling.io/cryp...or-in-a-safe-reliable-cryptocurrency-exchange
Hey, it's all about making informed choices. While a strong password is a good start, 2FA adds an extra layer of security that's worth considering, especially with valuable assets involved. Better late than never, you can set it up now to protect your crypto betting accounts