During the registration of your Coinbase account, you need to create a password for the further login process. As you probably know that login credentials play a crucial role in the security of your account and it is always a good practice to not share your login credentials with everyone.
If you are a Coinbase user, I am here to introduce the best-ever security practice to provide an extra shield to your account. Yes! If you want to eradicate the chances of security breaches, you can change Coinbase password periodically. This can be the easiest and best security practice ever. We will discuss the complete process later on, but before that, we will have a quick tour of Coinbase.
In the realm of cryptocurrency, Coinbase is one of the biggest names as it is considered as a one-stop solution for all crypto traders. Whether you want to buy, sell or exchange cryptocurrencies or you want to store them in a well-encrypted crypto wallet, Coinbase will help you in doing all the trade-related activities. You can use this platform on your PC directly through its official website and also you can install the Coinbase app on your mobile device to keep trading within your reach anywhere and anytime. Coinbase is a software-based platform so keeping its security credentials safe is up to you. You can change Coinbase password to avoid security breaches and in addition to this, Coinbase also allows you to change Coinbase password if you have forgotten it.
The process of changing your Coinbase password is quite straightforward. Make sure you have already registered your Coinbase account and keep your password handy to proceed further. Afterwards, you can proceed by following the instructions mentioned right away.
If you’re signed in:
Navigate to the profile icon and press it.
Choose “Settings” further.
Hit “Security” from the prompted menu.
Look for the “Password” section.
And, pick up the “Change password” form there.
Provide the existing password that you want to reset and then input the new password where asked.
If you have enabled 2FA in your Coinbase account, provide the 2FA code.
Once it’s all done properly, you can click “Confirm” to finalize.
This is all you need to change Coinbase password. After successfully accomplishing the whole method, you can perform the Coinbase sign-in using your newly created password.
First, proceed to hit the “Log in” button.
Go to the “Forgot Password?” link situated beneath of “Log in” button.
It will open the password page, provide the registered email address here.
Thenceforth hit “Reset Password” to continue.
Meanwhile, you’ll receive a mail from Coinbase to reset your password.
Go to your mailbox; open that mail and find the password reset mail in it.
Click on the mail and follow the prompts to complete the password reset process.
This way, you will be able to create a new password to login into your Coinbase account further. Make sure to keep your password easy to remember but hard to decrypt.
There is no doubt that Coinbase is a trustworthy and secure platform. But, the security of any digital platform highly depends on the user. Do remember to keep the login credentials safe and also enable the two-factor authentication in your Coinbase account.
We can’t deny the fact that hacking and cybercrimes are taking place in the crypto economy enormously, so change Coinbase password at least once in six months. It can be an easy and best security practice to avoid big losses but always remember to jot down your newly created password safely because changing your password multiple times can lead you to forget your new password.