What is 2FA and why is it so important?

Hi everybody 😉

We all know how important internet security is these days.
Here at Bitcasino, we are determined to keep our players and their account information safe and secure.

That’s why we provide a two-factor authentication (2FA) option for you, using the industry-leading app that is Google Authenticator.

If you’d like to find out more, then don’t hesitate to read on.

WHAT IS 2FA?

2FA is a sub-strand of multi-factor authentication, in which a user is only granted access to a website or account after
successfully presenting two or more pieces of evidence – known as factors – that confirm their identity.

There are four main types of authenticating factors:

- Something that is known only to the user – passwords, PINs, etc.
- Possessions only the user has – keys, USB sticks, cards, etc.
- A physical characteristic of the user – biometrics, fingerprints, etc.
- The location of the user – GPS tracking, etc.

The most common application of 2FA is in the use of protecting users’ accounts, such as those that you set up at Bitcasino.
In this way, you are guaranteed extra security, and it makes it almost impossible for hackers and fraudsters to access your
personal and financial information.

Online, the most common form of 2FA is two layers of password entry.
You may enter a user name and a password that are already known to you, and then the merchant may send you a secondary password via text message or email to enter as well. This is two-factor authentication in its most basic form.

What two-factor authentication does is to help protect against ransomware attacks, which account for a large percentage of cybercrime revenue. There really is no reason to take a chance – only sign up for websites and casinos where 2FA can be implemented at your request.

WHY IS 2FA SO IMPORTANT?

2FA makes your accounts significantly more secure.
You may have your bank card stolen, and while it is essentially useless without a pin, all your personal information that is printed on the card is at risk. We’ll save the debate on contactless cards for another day, but this simple example just goes to show how vulnerable your personal security is when you stick to traditional payment methods.

It’s the same with an online account – your user name and/or password may be compromised by hackers. Without this second string of 2FA authentication information, however, they cannot steal your identity or spend your money.

With cryptocurrencies like Bitcoin, however, your personal information stays secure and anonymous at every stage of the transaction. Bitcoin uses blockchain technology, a decentralized system, none of your information is held on a single server which could be hacked. Because each “block” in the blockchain is encrypted, this makes it virtually impossible to hack. What with the added level of 2FA security, your funds and personal information are totally secure.

THE ADVANTAGES OF 2FA

It goes without saying that the main advantage of 2FA is security. Even if your online credentials are vulnerable, you still have your secondary layer – usually a mobile phone – secure in your presence.

Another advantage leads on from that, with many of us carrying our smartphones with us somewhere in the region of 24/7!
If you are ever asked to action a 2FA request, then you will never be scrabbling around for your phone because it is likely to be about your person.

The main point about 2FA is that you can ensure that your funds are totally secure without having to change your lifestyle.
What is more, as technology continues to become even more versatile, we will be able to use even more factors in our authentication, from GPS and speedometers to voice recognition software. This will help to make authentication even more personal to the user.

WHY WE RECOMMEND GOOGLE AUTHENTICATOR

Here at Bitcasino, our mission is to protect you from potential hacking and data theft. This is not just about the funds in your player account – it’s about your personal identity details and your financial information, which may include bank card/account data.

One minute, you can be playing your favorite blackjack games and then – whoosh – your world is turned upside down.

We don’t cut any corners when it comes to securing our players’ accounts, and only the best will do as far as internet security is concerned. That’s why we have always used Google Authenticator.

This is a dedicated 2FA app from Google, and the difference here is that rather than receiving text messages sent to your phone that contain sensitive information, all of the authenticating data is kept within the app.

What happens is that you have a security code displayed in the app, but this is only there on a time limit, and soon your code will be changed for a new one. This is called a “One Time Password Algorithm”, and every time you log into the site, you will need to input your updated six-digit code.

Basically, it’s the perfect way to get a new security password without having to think of one at random by yourself. The fact that it’s forever changing, cutting hackers off at the pass, is a godsend.

ACTIVATING 2FA AT BITCASINO

Google Authenticator is available for both iOS and Android devices, so no matter how you choose to play your favorite slots and casino games, you can be doubly secure.

How do you set up Google Authenticator in conjunction with your Bitcasino account?

1. Firstly, you need to head to your dashboard. Here, you should go to the settings menu, and then navigate to security.

2. Now, scan the QR code using your smartphone, before opening up the Google Authenticator app on your device.

3. Click the + button, and you should now be able to add your Bitcasino account to your menu.

Once enabled, you will be asked to complete the two-factor authentication process each and every time you log in or wish to make a withdrawal, helping to keep you even more secure online.

Google Authenticator is even good for fighting against those who try to use the account recovery option to access your login credentials. By using the app, you will have a QR code or a reference number that is unique to you.

With Bitcasino, you can play with the confidence that comes with knowing that all of your personal information is kept safe by the latest in online security measures.

You should note that 2FA is optional – you don’t have to set it up if you don’t want to.
However, we implore you to consider the options provided by Google Authenticator.

Together, we can make Bitcasino a highly secure online casino, where the emphasis is on fun and not fear.

Happy gaming! 😊
Karl
Bitcasino.io