common-close-0
BYDFi
Trade wherever you are!

What type of authenticator does Coinbase utilize for securing digital currency transactions?

avatarMaksimDec 28, 2021 · 3 years ago3 answers

Can you provide details on the type of authenticator that Coinbase uses to secure digital currency transactions?

What type of authenticator does Coinbase utilize for securing digital currency transactions?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Coinbase utilizes a two-factor authentication (2FA) system to secure digital currency transactions. This means that in addition to a password, users are required to provide a second form of verification, such as a code sent to their mobile device, to access their accounts. This adds an extra layer of security and helps prevent unauthorized access.
  • avatarDec 28, 2021 · 3 years ago
    To secure digital currency transactions, Coinbase employs a two-factor authentication (2FA) method. This involves users providing two pieces of evidence to verify their identity, typically a password and a unique code generated by an authenticator app on their mobile device. This helps protect against unauthorized access and ensures that only the account owner can initiate transactions.
  • avatarDec 28, 2021 · 3 years ago
    When it comes to securing digital currency transactions, Coinbase takes security seriously. They utilize a two-factor authentication (2FA) system, which requires users to provide two forms of verification to access their accounts. This can include a password and a code generated by an authenticator app. By implementing this additional layer of security, Coinbase aims to protect users' digital assets and prevent unauthorized access.