Hacks, scams, and data breaches happen almost daily, leaking your password. This form of extra security has become very important. Especially when you use cryptocurrency exchanges, on other websites and with banks, it is an extra verification process to ensure the privacy protection of your personal information upon entering your password.Īt your bank, you probably already use this as an SMS or a device to secure your debit card information safely. ‘Two-Factor authentication’ or ‘2 Factor Authentication’ (2FA) is a term you will see more often online.
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