Meta: Discover some of the different security measures that trusted iGaming sites like 10bet take to protect players’ funds and digital wallet payment details.
Fully licensed and regulated iGaming website operators today employ several cyber security measures to protect players’ funds and keep their personal details and preferred payment method details out of the reach of hackers, scammers, fraudsters, bad actors, and other cybercriminals.
World-class iGaming sites such as the official 10bet online casino offer integrated wallet solutions and use high levels of SSL (Secure Socket Layer) encryption to keep players’ accounts safe at all times.
Let’s dive straight in to discover more about how 10bet’s digital wallet security is leading the crypto casino industry.
What kind of security measures do crypto casinos like 10bet use to protect players’ sensitive data and money?
Online casinos are more popular than ever, and cybercrimes are on the rise; therefore, it’s of paramount importance that iGaming operators who control licensed and regulated casino sites like 10bet Bitcoin Casino employ a range of advanced security measures to keep their fully registered members sensitive data and funds safe at all times.
Some of the most common security measures used at top-tier iGaming sites today are the following:
- Secure payment gateways
- High levels of encryption and the necessary SSL certificates
- Licensing and regulation
- Stringent security policies and procedures
- Fraud detection and prevention systems
When all of these security measures are employed, it creates a safe online environment for fully registered members to enjoy playing their favourite casino games or placing bets on their favourite sporting events. It upholds the integrity of the operator and fosters a sense of trust in the company’s brand.
What kind of payment methods does 10bet accept?
10bet is controlled by one of the most trusted names from the iGaming industry and is well known for its excellent track record and superb standing.
The operator accepts a broad range of traditional payment methods, including credit & debit cards and bank transfers, plus a wide range of secure APMs (Alternative Payment Methods), such as prepaid voucher cards, digital wallets (aka e-Wallets, web wallets or electronic wallets), and cryptocurrencies.
Secure digital wallets and crypto wallets are regarded as the most secure, user-friendly, reliable and convenient way for online casino players to deposit and withdraw in 2023.
However, depending on which jurisdiction (i.e., which region/country) you visit the site from, it will determine exactly which payment methods you can use to top up your online casino account and cash out your winnings when the time comes.
For example, since April 2020, players in the United Kingdom, by law, have not been allowed to deposit at UK-licensed iGaming sites with credit cards. Instead, they can use debit cards, bank transfers, or prepaid cards.
Players who sign up to 10bet from other parts of the world can also now use four legitimate cryptocurrencies, which are known for being more secure than traditional payment methods with higher levels of encryption, plus the average transaction times are much quicker with cryptocurrencies.
Deposits and withdrawals that you make with cryptocurrencies are entirely anonymous. Therefore, none of your personal or financial information is shared with an iGaming site when using crypto, which is why many players today prefer this method over traditional payment methods.
The main payment methods accepted on this website today are the following:
- Visa and Mastercard credit and debit cards
- PayPal, Neteller, Skrill e-Wallets
- Paysafecard prepaid voucher
- Apple Pay (mobile payment/debit card)
- Trustly online bank transfer
- Tether (USDT), Ethereum (ETH), Bitcoin (BTC), and Litecoin (LTC) crypto wallets
How do I know these payment gateways are safe?
The encryption software (usually 128-bit SSL encryption) ensures that any data exchanged between the player and the payment gateway they use remains private, secure and out of the reach of cybercriminals.
Some payment methods can also come with 2FA (two-factor authentication) for an added layer of security. Each reputable payment gateway provider mentioned above that 10bet has partnered with to facilitate payments is subject to strict regulatory and compliance requirements.
10bet also conducts regular security audits and collaborates with cybersecurity experts to stay up to date with the latest cybersecurity strategies and trends.
What other proactive measures does 10bet take to anticipate and mitigate potential risks in the crypto gambling space?
To prevent multiple accounts from being opened by the same person, underage gambling, and other fraudulent activities from taking place, and to ensure players gamble responsibly, many other proactive, responsible gambling measures and safer gambling tools are also in place.
They are designed to protect players and keep things safe and enjoyable at all times. For example, some of the main responsible gambling measures and safer gambling tools used on the website are the following:
- Deposit limits (and various other limits, such as win/loss, spending, and session time limits)
- Prevention of problem gambling
- Age verification policy
- Time-outs and self-exclusion
Final note
Players must prove who they say they are and complete the strict verification process by sending in proof of address documents (e.g., electricity or mobile phone bill, or bank statement) less than three months old and valid proof of age/identification documents (e.g., passport or driver’s license) in the form of a scanned colour copy document.
Until the verification process is complete, certain restrictive access may be put on a player’s account, meaning they might not be able to withdraw. As soon as the verification department has established the player’s details are correct, any restrictions placed on that account will now be lifted.