Important Tips To Secure Your Crypto Holding: The Use Of 2FA #008

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Hello great minds,

It is another beautiful day and I feel happy to come before you all today to discuss on a great issue in the cryptospace.

I trust you are all doing perfectly fine and are enjoying your activities in the community as usual.

Without wasting much of your time, let's dive immediately into our topic for today.

We shall be continuing our discussion on sms two factor authentication and we shall be examining in details it's benefits.

Many do not believe that it is beneficial to make use of sms two factor authentication as an extra layer of security.

And today, I shall be explaining some of it's benefit, please stay tuned.

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BENEFITS OF SMS TWO FACTOR AUTHENTICATION

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There are numerous benefits of making use of sms two factor authentication and explained below are a few.

• DEVICE AGNOSTIC:

Device agnostic is one advantage of making use of sms two factor authentication as an extraordinary layer of security.

Device agnostic implies that sms two factor authentication doesn't select devices to work on.

It works both on mobile devices and also on smart devices, thus making more readily for different users across different backgrounds and scope.

• BACKUP ACCESS:

Another advantage of making use of sms two factor authentication is that it can serve not only as an extra layer of security but a backup security to your account.

For example when your password is breached by cyber attack, the sms two factor authentication can help to be the last form of security that will prevent unauthorized access to your device.

You can see that indeed, the sms two factor authentication is very useful in the cryptospace.

• PHISHING MITIGATION:

Another advantage of making use of an sms two factor authentication is that it acts as a strong protection against phishing attacks.

In phishing attacks, the attacker ends up having in custody your password which gives him access to your account.

However, with the use of sms two factor authentication, the factor need not only have access to your password but also needs access to your mobile device which is practically impossible, unless you are very careless with your device and the hacker is a bad friend.

Since it is practically impossible for the attacker to get hold of your mobile device, this means that your wallet is safe.

• ACCOUNT RECOVERY:

One benefit of sms two factor authentication is that it is very useful in account recovery.

For example you loose the password to your wallet or you forgot your password.

Or probably your account password was changed by an unknown individual, you can easily make use of your sms to recover the account, provided your mobile number is registered with the account.

When you attempt to recover your account, a new code will be sent to you and that will serve as your passcode pending the time you adjust it.

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CONCLUSION

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The use of sms two factor authentication is very important as it helps in playing different roles in offering security to an account.

We have examined how it helps in account recovery and how it helps in the mitigation of phishing attacks.

Please tag along as we shall examine some more content.