common-close-0
BYDFi
Trade wherever you are!

Can I use a TOTP (Time-based One-Time Password) authenticator key for multiple cryptocurrency accounts?

avatarPhelps MunckDec 25, 2021 · 3 years ago3 answers

Is it possible to use a TOTP (Time-based One-Time Password) authenticator key to secure multiple cryptocurrency accounts? Can I use the same key for different exchanges or wallets?

Can I use a TOTP (Time-based One-Time Password) authenticator key for multiple cryptocurrency accounts?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Yes, you can use a TOTP authenticator key for multiple cryptocurrency accounts. TOTP is a widely accepted standard for two-factor authentication (2FA) and can be used across different platforms and services. However, it is recommended to use a unique TOTP key for each account to enhance security.
  • avatarDec 25, 2021 · 3 years ago
    Definitely! TOTP authenticator keys are designed to provide an additional layer of security to your cryptocurrency accounts. You can use the same key for different exchanges or wallets, as long as they support TOTP-based 2FA. Just make sure to keep your key secure and avoid sharing it with anyone.
  • avatarDec 25, 2021 · 3 years ago
    Absolutely! TOTP authenticator keys are compatible with various cryptocurrency exchanges and wallets. They offer a convenient and secure way to protect your accounts from unauthorized access. At BYDFi, we highly recommend using a TOTP authenticator key for enhanced account security. Remember to enable 2FA on all your cryptocurrency accounts for maximum protection.