2FA stands for 2-Factor Authentication. It acts as an extra layer of security over accounts and platforms in order to make sure that the right person is logging into the account that they want to access. While normal authentication protocols provide immediate access to people after they enter their Email ID and Password, 2FA verification involves providing an additional piece of information to the platform in order to ensure the identity of the person who is trying to access the account. This additional piece of information could range from Personal Identification Numbers (PIN), answers to secret questions, or specific keystroke patterns. Advanced versions of 2FA require users to input their biometric details such as fingerprint, iris scan, or voice scan. If a situation arises in which your personal details such as Email ID and password have fallen into the wrong hands, then the 2FA verification would act as a 2nd layer of security. Failing to pass the 2FA verification step would not provide the person access to your account even if they are in possession of your Email ID and password.
Types of 2FA
SMS Text Message and Voice recognition 2FA
Software Tokens/TOTP 2FA
Push Notification 2FA
In order to pass your 2FA verification process and gain access to your account, it is vital to complete the whole process without committing an error. Upon entering your Email ID and password, then BuyUcoin 2FA verification process will send a One Time Password (OTP) to the mobile number that is registered with your account. Enter the password in the blank and press enter to gain access to your BuyUcoin E-Wallet.
The process has been put in place by BuyUcoin in order to further protect and secure your crypto assets from fraudulent parties and hackers.
Other than the 2FA verification system, BuyUcoin also utilizes the Google Authentication system in order to further secure user accounts and E-Wallets. The Google Authentication system generates a One Time Password (OTP) or/and an HMAC-based One Time Password (HOTP) to authenticate users who want to access their accounts. These passwords are usually 6 digits or 8 digits long in order to ensure that third-party fraudulent members are not able to decipher the password.
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