What type of authenticator does Coinbase employ to protect digital currency transactions?

3 answers

• May 01, 2022 · 3 years ago
  Coinbase employs a two-factor authentication (2FA) system to protect digital currency transactions. This means that in addition to entering a password, users are required to provide a second form of verification, such as a unique code sent to their mobile device, to access their accounts. This adds an extra layer of security and helps prevent unauthorized access.
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• May 01, 2022 · 3 years ago
  To protect digital currency transactions, Coinbase uses a time-based one-time password (TOTP) authenticator. This means that users need to enter a unique code generated by an app like Google Authenticator or Authy, which changes every 30 seconds. This ensures that even if someone obtains a user's password, they would still need the time-sensitive code to access the account.
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• May 01, 2022 · 3 years ago
  When it comes to protecting digital currency transactions, Coinbase takes security very seriously. They employ a robust two-factor authentication system that requires users to provide a second form of verification, such as a code sent to their mobile device, in addition to their password. This helps ensure that only authorized individuals can access and transact with their digital currencies. As a leading cryptocurrency exchange, Coinbase understands the importance of keeping user funds safe and secure.
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