For YubiKey, the authorization method used is One Time Password ( OTP). When using Google Authenticator, please read the following information. If you haven't written down the backup codes, then you will have to send an email to all exchanges and Cryptohopper with the question to remove the 2FA from your account. If you lose your device, you will always get your authentication method working again without a hassle. Make sure to write down the security codes somewhere that will be created next to the 2FA setup. When you click on one of the two, you will see a guide on setting up the 2FA. Once set up, click on ‘Next Step’ on your Binance Account. What is 2FA and 5 Ways to Backup Your Authenticator for Crypto Accounts The Importance of Two-factor Authentication Two-factor Authentication (or two-step authentication) is one of the vital security measures that help add another layer of security in addition to your password. This code is also dynamic as it keeps regularly changing for increased security. But even then, the point i made in number 1 is still valid and can put you in great danger of losing your codes in case of a hack, scam or malware attack. Until this happens, i wouldnt recommend storing your authenticator codes in your google drive cloud. You will see two options Google Authentication and YubiKey. The 6-digit code that you see is the 2nd factor for authentication that you will use while logging into your exchange account. This is in addition to my google authenticator backup guide a couple days ago. We highly recommend using either Google Authenticator or YubiKey to have an extra layer of security on your account.Ĭlick on "Two Factor Authentication" as shown on the screenshot above. Download and install Google Authenticator App in your new phone Launch Google Authenticator app, click + to scan QR or manual entry 2FA secret key that you’ve saved. Binance cryptocurrency exchange - We operate the worlds biggest bitcoin exchange and altcoin crypto exchange. Besides using a username and password, Cryptohopper also offers the option to secure your account with 2 Factor Authentication (2FA). code in order to recover your 2FA for a site.
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