Coinbase is a popular cryptocurrency exchange that goes to considerable efforts to keep your crypto assets safe and secure. Despite this, hackers have devised methods to circumvent security and steal Bitcoin, Ethereum, and other cryptocurrencies. With a q, you can make it more difficult for attackers to gain access to your Coinbase account.

What Is Two-Factor Authentication and How Does It Work?

Two-factor authentication (2FA), also known as 2-step verification (2SV), adds an extra degree of protection to your account. After you've entered your password (the first step), you'll be prompted to enter a verification code to confirm your identity (the second step).

Although the terms 2-step verification and 2-factor authentication are sometimes used interchangeably, they are not the same thing.

What You'll Need to Set Up Coinbase's 2-Step Verification

To set up 2-step verification in Coinbase, you'll need the following:

A Coinbase account is required.

A mobile phone with a SIM card and access to the internet.

An authenticator app that is compatible.

A key device for physical security.

Click Send code after entering your mobile phone number. A seven-digit code will be sent to you. Click Submit after entering the code.

If you want to transfer crypto to Coinbase, you'll be asked. For the time being, click Skip. That is all there is to it. You're all prepared to use Coinbase's two-step verification.

You'll receive an SMS code to authenticate your identity the next time you sign in. 2-step verification through SMS, according to Coinbase, is moderately secure.

Sign in to your Coinbase account and select Settings from the drop-down menu under your profile image.

You can manage your Coinbase profile from the Settings page. Select Security from the drop-down menu.

To get to the 2-step verification part, go to the bottom of the page and scroll down. Click the Select button next to Authenticator under Other Options. Coinbase describes 2SV as a secure alternative when used with an authenticator app.

Click Confirm after entering the 7-digit code supplied to your phone.

A QR code will appear in the Enable Authenticator Support dialogue box. Scan the QR code with your authenticator app. Google Authenticator, Duo Mobile, and Microsoft Authenticator are presently supported by Coinbase.