Setting Up Two-Factor Authentication
What is Two-Factor Authentication?
Two-Factor Authentication is an extra layer of security that requires not only a user’s password and username but also something that user has on them e.g. a mobile phone. It is designed to ensure that you're the only person who can access your account, even if someone else knows your password. For additional security, BuyCoins Two-Factor Authentication requires you to enter an OTP sent to your phone each time you want to:
- Buy Bitcoin
- Sell Bitcoin
- Send Bitcoin to another Wallet
Two-Factor Authentication is optional and is disabled by default for all BuyCoins accounts. If you’d like to enable Two-Factor Authentication for your account, follow these steps:
Step 1: Go to the Security & Settings page
To do this, click on the menu icon and then select ‘Settings’. In the 'Settings' page, click on 'Security & Settings'
Step 2: Download Google Authenticator on Google Playstore/ iOS store.
Step 3: Select your Google Authenticator as your Autentication Method
Turn on Two-Factor Authentication, select Google Authenticator as your Authentication Method and click on the "Google Authenticator App" link. This will redirect you to the Google Authenticator app that you downloaded and will ask you to add BuyCoins as a token. Click on "Yes".
You'll then input the six (6) digit code from Google Authenticator on the BuyCoins app.
Step 4: That's all!
You have successfully enabled Two-Factor Authentication for your account.
Now you have extra security and can be sure all your BuyCoins transactions are controlled by just you.