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How to Secure your Cryptocurrencies | How to enable 2-factor authentication on crypto wallet
One of the major issues with the use of cryptocurrencies is, many wallets get hacked and people lose their funds.
Many people refer it to as a drawback of cryptocurrency, but I think it is not a drawback.
00:00 - Crypto Security
00:35 - How to Secure your Cryptocurrency
01:14 - Secure your Cryptocurrency Method 1
02:29 - How to enable 2 Factor Authentication crypto exchange binance
That thing simply happens because of a lack of information. Many people are not aware that they can secure their cryptos in such a way that no one hack it or take them away.
Today, I will tell you how to secure your funds or How to Secure your Cryptocurrencies, how to enable 2-factor authentication on crypto wallet, complete process to enable 2 factor authentication on crypto wallet, stolen cryptocurrency recovery, etc
There are a lot of hackers out there who are waiting for you to make one big mistake so that they can hack your exchange wallet and steal your cryptos.
And cryptocurrency once stolen cannot be recovered.
So, it is very important for us to protect our crypto.
To secure your wallet you have two options.
Either store it into a ledger or if you want to keep it on an exchange wallet and secure it enable 2FA in your account.
So, what is 2FA?
Two-factor authentication is a second layer of security that involves a unique code being generated on an app on your phone or other digital devices.
In an account with 2 Factor-authentication enabled you will need to enter ID PASSWORD plus the code generated on 2 Factor-authentication apps, to log in to your account.
Enabling 2 Factor-authentication will keep your account safe from hackers as 2 Factor-authentication is not just like a password that can be easily hacked.
2 Factor-authentication is a constantly and randomly generated code, which is uniquely generated for each account.
And it cannot be hacked.
This is how a two-factor authentication app looks, it has code in it and this code will change after every few minutes and are randomly generated.
Now, there is a variety of 2 Factor-authentication available in the market, but googles 2 Factor-authentication is the safest of all.
There are a few things that you should keep in mind while enabling the 2 Factor-authentication.
So, let us see how to enable the 2 Factor-authentication on your wallet.
For enabling 2-factor authentication,
go to your profile option and click on security.
Now, here you will see a google authentication option,
turn it on.
On the next page,
they will guide you through the step.
The first step is to download the authentication app on your smartphone.
After that go to the next step.
In the next step scan the QR code and click on next.
Now, you will see a backup key.
This key is very important for you as if you lose your
...
https://www.youtube.com/watch?v=UKm_RLyJL28
Many people refer it to as a drawback of cryptocurrency, but I think it is not a drawback.
00:00 - Crypto Security
00:35 - How to Secure your Cryptocurrency
01:14 - Secure your Cryptocurrency Method 1
02:29 - How to enable 2 Factor Authentication crypto exchange binance
That thing simply happens because of a lack of information. Many people are not aware that they can secure their cryptos in such a way that no one hack it or take them away.
Today, I will tell you how to secure your funds or How to Secure your Cryptocurrencies, how to enable 2-factor authentication on crypto wallet, complete process to enable 2 factor authentication on crypto wallet, stolen cryptocurrency recovery, etc
There are a lot of hackers out there who are waiting for you to make one big mistake so that they can hack your exchange wallet and steal your cryptos.
And cryptocurrency once stolen cannot be recovered.
So, it is very important for us to protect our crypto.
To secure your wallet you have two options.
Either store it into a ledger or if you want to keep it on an exchange wallet and secure it enable 2FA in your account.
So, what is 2FA?
Two-factor authentication is a second layer of security that involves a unique code being generated on an app on your phone or other digital devices.
In an account with 2 Factor-authentication enabled you will need to enter ID PASSWORD plus the code generated on 2 Factor-authentication apps, to log in to your account.
Enabling 2 Factor-authentication will keep your account safe from hackers as 2 Factor-authentication is not just like a password that can be easily hacked.
2 Factor-authentication is a constantly and randomly generated code, which is uniquely generated for each account.
And it cannot be hacked.
This is how a two-factor authentication app looks, it has code in it and this code will change after every few minutes and are randomly generated.
Now, there is a variety of 2 Factor-authentication available in the market, but googles 2 Factor-authentication is the safest of all.
There are a few things that you should keep in mind while enabling the 2 Factor-authentication.
So, let us see how to enable the 2 Factor-authentication on your wallet.
For enabling 2-factor authentication,
go to your profile option and click on security.
Now, here you will see a google authentication option,
turn it on.
On the next page,
they will guide you through the step.
The first step is to download the authentication app on your smartphone.
After that go to the next step.
In the next step scan the QR code and click on next.
Now, you will see a backup key.
This key is very important for you as if you lose your
...
https://www.youtube.com/watch?v=UKm_RLyJL28
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