I have been seeing query from participants here, complaining of 2FA, or Dont know how to set up 2FA.
Please, note this.
If you are an internet user and dont know what 2FA is, it means you are usually not an internet user when it comes to cryptocurrency or the blockchain industry
If you dont know what 2FA is, it means you have never trade a crypto before.
If you dont know what 2FA is, it means you have never gotten involved with a secure crypto platform
If you dont know what 2FA is, it means you’re not current when it comes to security of financial transaction.
98% of all crypto exchange has the functionality of 2FA.
Even some social media platofrm are started including the functionality of 2fa to prevent hacks of users account.
WHAT IS 2FA?
2FA is simply a two factor authentication, an option of token generator (That is activated by the original owner) to authenticate if the person who signin to a platform you have account, using your username and password is actually the real owner.
In today’s online environment, the rudimentary “username and password” approach to security is easy prey for cyber criminals. Many log-ins can be compromised in minutes, and private data (such as personal and financial details) is under increasing threat.
Multi-factor Authentication, also known as MFA or multi-step verification, adds another layer of security, supplementing the username and password model with a code that only a specific user has access to (typically sent to something they have immediately to hand). This authentication method can be easily summed up as a combination of "something you have and something you know”.
2FA is a security option every internet user must be familiar with.
2FA is being used even before the existence cryptocurrency. 99% of people who do online financial transaction do go through what is called ONE TIME TOKEN (Which is also related to 2FA, but just a one time code that expired within an hour). If you go to banks, you will see the Bankers wearing holding or wearing something on their neck that looks like a mini remote/keyholder. So 2FA has been in existence for long, and sure be added to your financial security, to prevent your account being hacked or fund stolen.
NOTE: The security of your crypto accounts is in your hands.
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