Crypto Academy

How to improve the security of the bit4you account

How to improve the security of the bit4you account

5 min reading

Discover how to set 2FA and fully protect your account on bit4you.

Improve security

How to improve the security of the bit4you account

Introduction

Users trust their finances to cryptocurrency exchanges and trading platforms while trading cryptocurrencies. Even if the cryptocurrency is only on the exchange for a short time, it is necessary to assure the assets’ security. However, it is critical to select platforms that reliably secure their clients’ assets and accounts. Thus, identity verification and two-factor authentication (2FA) are the primary security measures. In this article, we explain how to set up 2FA on the bit4you trading platform.

What is 2FA? 

When it comes to the protection of user accounts and personal funds, crypto exchanges frequently employ two-factor authentication (2FA). In this instance, in addition to the username and password set upon registration, entering a code delivered to an email, phone number, or a specific authenticator application is required to get into the account.

Bit4you’s goal is to make the cryptocurrency market clear, local, and safe. The adoption of strong identification instruments (2FA) and offline storage is among the best technologies now available to protect the platform’s and customers’ assets to the greatest extent feasible.

How to set it on the bit4you website?

First of all, to enable 2FA you should register the account on the bit4you trading platform. If you already have, then it is time to proceed to the next step. Click on the Settings in the Markets menu. There you can manage all your account data, such as email addresses, phone numbers, associated accounts, recurrent payments, and others. Finding the Security menu, choose the Two Factor option. If you have not enabled 2FA, the message “Two-factor authentication is not yet activated on your account” appears. Clicking on Enable 2FA, you are asked to scan the QR code with your Mobile Google Authenticator application.

You may enable 2FA for blockchain withdrawals and delete all devices connected to your account after entering a 6-digit number using Google Authenticator. Finally, you will be notified that 2FA has been enabled. If you wish to disable 2FA, you must go through this process again.

What is Google Authenticator?

Google Authenticator is a 2FA tool that creates a one-time 6-digit number every 30 seconds. When you launch Google Authenticator (GA) on your smartphone, you will see a page where you may add accounts from various services that require 2FA. When you sign in to your account the next time, you will need to input a 2FA code, which you will find on your smartphone in the Google Authenticator app in addition to your email and password. You will be unable to access your account unless you enter this code.

How to set 2FA on the app?

The setting of 2FA on the bit4you app is as simple as on the web version. Thanks to the user-friendly design, you should not be concerned with it. After you’ve logged in, go to the Settings section by touching on the three lines in the upper left corner or swiping right. Scroll down to the Security section and select Two factor. As you can see, the algorithm is the same as the one used on the website. Now you click on Enable 2FA Authentication, and if you have Google Authenticator downloaded on your smartphone, our app will prompt you to open it, tab Open. Then, when prompted to add token [email protected], click Yes. Having entered the 6-digit code generated by Google Authenticator, the activation of 2FA is completed. 

In conclusion, if you have done all correctly, then your account is fully protected. The fundamentals of cryptocurrency safety are founded on two core rules such as wallet choice and attentiveness. That is why you should do everything you can to secure your finances, and the trading platform will take care of the rest.

Conclusions

Leave a Reply

Your email address will not be published.