The world of cryptocurrencies is full of insecurities and no one of us can deny this fact. This is so because all the trading, investment, and other activities relating to these digital assets are to be performed online. With this, the risk of online scams and fraud is also associated. Putting an end to your crypto trade is not a solution.
So, what we can do then, is a matter of great concern.
Ummm…if you are a Coinbase Pro user, we are providing one of the great ways to help you build a secure environment for your Coinbase Pro login by enabling Duo or Google Authenticator (TOTP). We will also look at why and how we should enable these security apps.
Why enable Duo or Google Authenticator (TOTP)?
This is one of the most asked questions by users “why should they enable Duo or Google Authenticator”. The answer is quite simple. Duo or Google Authenticator are ways of adding an extra layer of security to your digital assets and the process of crypto trade. Having an authenticator for your 2-step verification codes, the funds will remain protected even if your account password is stolen.
After knowing the reason for enabling the Duo or Google Authenticator the next question is how to enable them. The steps to enable them are as follows:
- Navigate for the Coinbase Pro login
- Now reach the authenticator app box
- Tap on the “Select” button
NOTE: It should be noted that enabling the authenticator app will disable SMS code delivery. On the contrary, disabling the authenticator app will enable your SMS code delivery.
It is now also said that it doesn’t support Authy. However, if you are facing trouble with Authy, you can get Duo or Google Authenticator (TOTP) instead.
How does Duo or TOTP add security?
These apps generate one-time codes based on certain factors that are required by the user at the time of Coinbase Pro login. The factors that are taken collectively to frame a code are as follows:
- A secret key known to you and by the exchange only
- The date and time as per your mobile device
A QR code is provided by the exchange which displays your secret key. You’ll need to scan that code using an authenticator app from your mobile device. If a login attempt is made from a different device then a push notification is sent from the exchange to your mobile device asking for permission to get back into the account. The user can approve or deny the login request as per his preference.
Wrapping it up!!
From the above discussion of the read, you might have gotten a rough idea of adding an extra layer of security to your crypto trading and investment Coinbase Pro login account. Duo or Google Authenticator (TOTP) are ranked well in terms of protecting your digital assets and preventing them from the threats of online fraud and scams.