Level Up Safely: Managing Video Game Currencies

While I play games like PUBG or Fortnite, I love to purchase and customize my guns and gears with skins and different colors with their in-game currency. A CyberGhost (CG) article confirms that in-game currencies like Fortnite’s V-Bucks, Roblox’s Robux, and World of Warcraft’s gold, etc. are making significant contributions to players’ experience.

However, these currencies are not just for buying skins and customizations. There’s a lot more about them and they must be managed just like how you manage your real money (Kevuru Games). To get a clearer picture of the subject, stick with me to this article till the end.

Understanding the Importance of Safe Currency Management

In-game currency may not feel like doing any harm to your finances, but indeed, it can be a nightmare for them if not managed responsibly. In the end, it is your savings or real-life money that you are going to spend to buy in-game currency. 

If you mismanage your in-game currency, your real-world savings would not be an exception. There have been many cases around the globe where kids or even adults lost tons of money just for buying skins or gift boxes. 

Especially when the kids get access to their parent’s finances, the risk of the account getting vanished increases by a significant number. Hence, you must take special care of your bank account and game profile to stay away from such incidents.

Strategies on How to Safely Manage Your In-Game Currency Responsibly?

While it’s true that even adults can sometimes make silly mistakes and get their bank balance cleared out within a flick, there are some points that you can consider staying safe. The following are some strategies you must know:

• Set a Budget: Just like how you set a monthly budget for your household needs, you can follow the same practice for in-game purchases as well. Start with determining a monthly or gaming-average limit of spending, and avoid overspending for every feature in the game.
• Prioritize Spending: Instead of spending on cosmetic changes such as skins and character hairstyles, prioritize your budget towards upscaling the player’s performance or better equipment.
• Focus on Gameplay Progression: When you plan to prioritize your expenses, focus on elements or factors that are going to make your experience better. When you start following this path, there will be no harm to your finances. 

Start implementing these points in your gameplay today, and observe the difference in your spending habits over a period of time. 

Protecting Your Account and Currency

Apart from the strategies mentioned earlier, you must also brainstorm on making your account safer than before. This way, even if your mobile device is not in the safe hands, accessing the account funds will not be easy. So, follow the given tips:

• Enable Two-Factor Authentication (2FA): Two-factor authentication is all about adding an extra layer of security before making a payment. If in the right hands, 2FA verifies twice whether you want to make the payment or not. Otherwise, the money is not debited from the account. 
• Stay Away from Phishing Scams: Phishing scams in the gaming industry are pretty common. You get an email, that offers a deal that you may have never seen, you fall for it and click on the link. That is where you lose all your money. First, you must verify that the mail is legit. Proceed with the process only if you are sure that it’s legit.
• Use Trusted Payment Method: When making a payment, your details must not be accessible to some platform that you have never heard of or seems shady. This information may get saved to the gateway’s server and can used to vanish your account. 

Future of Video Game Currencies

The scene for in-game currency is not over yet. With so many technological innovations, there are surely exciting features coming up for the sector. For instance, the blockchain and cryptocurrency are only going to make things easier and safer for gamers like you. With blockchain, its advanced security algorithm is going to provide extravagant security to your payments.

Since already the whole world is gradually adopting crypto for payments, the real potential has still not been explored yet. So, stay responsible and keep focusing on what’s new happening in the field. 

End Note

Finally, it’s quite necessary that you keep your funds safe while dealing with games that have in-game currencies. I just shared various cases in the article above where kids have made losses in huge amounts just to buy customizations in the game. 

To help you more, I have shared some strategies and tips on how you can protect your money when spending it on in-game currency. If you find my work helpful or informative in any way possible, share it with your friends and family as well.