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What are the best practices to identify and avoid coinbase phishing attempts?

avatarGarrett KelleyDec 29, 2021 · 3 years ago3 answers

As a cryptocurrency user, I want to know the best practices for identifying and avoiding phishing attempts targeting Coinbase. How can I protect myself from falling victim to these scams?

What are the best practices to identify and avoid coinbase phishing attempts?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    One of the best practices to identify and avoid coinbase phishing attempts is to always double-check the URL of the website you are visiting. Phishing websites often use URLs that look similar to the legitimate Coinbase website, but with slight variations. Make sure the URL starts with 'https://' and has the correct domain name. Additionally, avoid clicking on suspicious links in emails or messages, as they may lead you to phishing websites. It's always a good idea to manually type the Coinbase website URL in your browser or use a bookmark to access it.
  • avatarDec 29, 2021 · 3 years ago
    Another important practice is to enable two-factor authentication (2FA) on your Coinbase account. This adds an extra layer of security by requiring a verification code in addition to your password when logging in. By enabling 2FA, even if your password is compromised, the attacker would still need access to your mobile device or authentication app to gain access to your account.
  • avatarDec 29, 2021 · 3 years ago
    At BYDFi, we highly recommend using a hardware wallet to store your cryptocurrencies. Hardware wallets are physical devices that securely store your private keys offline, making it extremely difficult for hackers to access your funds. They provide an extra layer of protection against phishing attempts and other forms of online attacks. Remember to always verify the authenticity of the hardware wallet before purchasing it to avoid falling for counterfeit devices.