Taking a little bit of extra time to enable 2-Factor Authentication (2FA) can mean a big difference in terms of security.
Although you can also enable 2FA via SMS, we highly recommend using Google Authenticator as it is the most secure option out of the three. SMS is not reliable because of a hacker tactic called “SIM swapping”, where hackers can get a hold of your SMS messages.
How to enable 2FA using Google Authenticator:
- First, download the Google Authenticator app for your phone. (Apple/Android)
- Go to your account settings on the security page of your profile.
- Under login authenticator, choose Google Authenticator.
- After you’ve selected Google Authenticator, you will see a QR code (a square-like pattern).
You will have to open your mobile app to scan it, then enter the 6-digit number your phone will produce.
- Once you’ve entered the 6-digit code, click “Update login 2-factor” and you should be finished with securing your account.
Congratulations! Remember to use 2FA for login AND bitcoin send outs. Just bring out the app every time you want to login or send bitcoin out. It may be a bit of a hassle, but it goes a long way in terms of the security of your account.