How does using an authenticator app compare to using SMS for securing my digital assets?
Sandeep SalariaMay 01, 2022 · 3 years ago3 answers
When it comes to securing my digital assets, I'm considering using either an authenticator app or SMS. How do these two methods compare in terms of security and convenience? Which one should I choose to ensure the safety of my digital assets?
3 answers
- May 01, 2022 · 3 years agoUsing an authenticator app is generally considered more secure than relying on SMS for securing your digital assets. Authenticator apps generate unique codes that are time-based or event-based, providing an extra layer of protection. SMS, on the other hand, can be vulnerable to SIM swapping attacks or interception. It's recommended to use an authenticator app for enhanced security.
- May 01, 2022 · 3 years agoAuthenticator apps offer a more convenient and reliable way to secure your digital assets compared to SMS. With an authenticator app, you don't need to rely on mobile network coverage or worry about receiving SMS codes in a timely manner. The app generates codes offline, making it easier to access your accounts even in areas with poor network connectivity.
- May 01, 2022 · 3 years agoAt BYDFi, we highly recommend using an authenticator app for securing your digital assets. It provides an additional layer of security compared to SMS, reducing the risk of unauthorized access. With an authenticator app, you can enjoy a seamless and secure trading experience on our platform.
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