#Binance google authenticator how to
#Binance google authenticator verification
#Binance google authenticator password

It just takes few minutes to setup and this is how it goes.

Setting 2FA is very simple and most popular crypto exchanges will guide you through the steps when you create a new account. This is very significant for online security hence which ever exchange or trading sites you are on make sure to enable 2 factor authenticator. Few exchanges accepts Authy and few exchanges have their own 2FA service. Most popular exchanges like Binance, Bitrex, Coin Exchange, Kraken, Kucoin, HitBTC, Gate.io and Cryptopia recommends Google Authenticator. Two of the most commonly used 2FA services are Google Authenticator and Authy.

#Binance google authenticator how to

How to setup 2FAĢFA can only be setup on your mobile device (Android or IOS).

#Binance google authenticator verification

By adding this additional layer of verification you are greatly improving your account security.

#Binance google authenticator password

It can either be one time password (OTP) or email verification or SMS authentication. By enabling 2FA you’ll be asked for an additional security key each time you login. Usually you just enter your username and password to login to your accounts. To overcome this situation it is recommended that you add 2FA. Unfortunately such passwords becomes easy for the hackers to crack. Since many of us tend to forget passwords we set passwords which are easy to remember. However this is not the case with most users. If the password which they set is strong enough then there is less chance of getting hacked. Most people use passwords as the only verification protocol to their online accounts. It’s a must that you add 2FA to your crypto exchange accounts which prevents your account from getting hacked? Wondering how? 2FA is a method of adding extra layer of security to your online accounts. What is 2FA?ĢFA stands for 2 Factor Authentication. Let’s see what is 2 factor authentication and how to setup Google 2FA. Google Two Factor Authenticator is your best friend when it comes to dealing with crypto currency exchanges. Rule no 4: Add additional security like Google Authenticator or Email Verification. Rule no 3: Only store coins in exchanges only when you wish to trade and never keep a large amount of funds in exchanges. Rule No 2: Use Hardware wallet if not keep your wallet files in cold storage at least.

Rule no 1: Never use online wallets, even if you use make sure to check the url before you login (eg: ). So how to keep your crypto currencies safe? There are several rules to protect yourself from hack and keep your Bitcoins safe. If you want a in depth article on crypto currency hacks then check this article. Recently a crypto currency exchange BitGrail claims to lost $170 million to its hackers. NiceHash, a crypto mining marketplace got hacked Bitcoins worth $60 million. The second biggest breach of a Bitcoin exchange platform, Bitfinex lost Bitcoins worth $72 million on August 2016. If you are into crypto frenzy for a long time then you might have heard several hack stories. Also we advise them not to store large amount of funds in crypto currency exchanges and trading websites. In each and every wallet setup guide we recommend our users not to use online wallets. Here we’ll see what is 2FA and why it’s important? This article is all about setting up Google 2 Factor Authentication which enhances security for your crypto currency exchange accounts.