Login All news Marketcap Crypto Glossary Exchange Crypto meme
2020 ADV Europe, s.r.o. All Rights Reserved.
Back to all glossary

2 Factor Verification (2FA)

Also called 2-Step Verification or 2FA.

In order to enhance the security, various websites and applications have started to use a second layer of verification, on top of the standard username/password combination.

With crypto exchanges, it has become a standard by now and everyone should be using this.

There are several methods of 2FA, it can be be an extra code (PIN), email or SMS verification (code send to either of them) ...

But the most popular are apps like Google Authentication or Authy. These generate a new unique code every 30 seconds and are considered highly secure. In order for them to work, you have to sync them with each exchange first.

Top Gainer24h
Top Looser24h
Crypto Glossary
One of the initial steps taken by any ICO organizer, is to do a market rese…
Gas Limit
Gas limit means the maximum amount of gas that you are willing to spend on…
Trend Analysis or Technical Analysis. Refers to the process of examining cu…
Great. First of all, please join us!
To customize your feed you must log in first. Allthecryptonews is a community to share and geek out about the latest news in cryptocurencie, ICO’s and so on. Join us.
We'll never post to any of your accounts without your permission.