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How can I secure my digital assets in the Coinbase wallet?

marwa gamalMay 12, 2022 · 3 years ago3 answers

I want to ensure the safety of my digital assets stored in the Coinbase wallet. What are some effective measures I can take to secure them?

3 answers

  • May 12, 2022 · 3 years ago
    One of the most important steps to secure your digital assets in the Coinbase wallet is to enable two-factor authentication (2FA). This adds an extra layer of security by requiring a second verification step, such as a code sent to your mobile device, in addition to your password. It helps protect your account from unauthorized access even if your password is compromised. Make sure to choose a strong and unique password as well to further enhance security.
  • May 12, 2022 · 3 years ago
    Securing your digital assets in the Coinbase wallet also involves being cautious of phishing attempts. Be wary of any suspicious emails or messages asking for your account information or personal details. Always double-check the website's URL before entering any sensitive information. Coinbase will never ask for your password or 2FA code via email or phone, so be cautious of any such requests.
  • May 12, 2022 · 3 years ago
    At BYDFi, we recommend diversifying your storage solutions to enhance the security of your digital assets. While Coinbase provides a secure wallet, it's always a good practice to have multiple wallets and backup options. Consider using hardware wallets, such as Ledger or Trezor, which offer offline storage and added protection against online threats. Remember to keep your recovery phrases or private keys offline and in a safe place.