Traders of cryptocurrencies are increasingly concerned about the security of their funds with an increasing number of hacks posing questions to the reliability of Cryptocurrency exchange software. …
Traders of cryptocurrencies are increasingly concerned about the security of their funds with an increasing number of hacks posing questions to the reliability of Cryptocurrency exchange software. Hence, it necessitates the use of two-factor authentication for fortifying the security of the exchange.
Two-factor authentication prevents cybercriminals from accessing the user’s accounts. It can be in the form of an OTP (One-Time Password) to verify the authenticity of the user performing a specific function. It operates after the users enter the required credentials into the exchange login. Hence, the users should never share their passwords or codes with anyone to safeguard their accounts.
