Main topics of the post:

  • Using 2FA authentication is an important part of securing your Binance account. It adds an extra layer of security to your account instead of just using a password.

  • You can enable Binance Authenticator on the Binance app or website.

  • Binance Authenticator offers a secure 2FA alternative that stores all personal data locally on your device rather than in the cloud.

In the ever-evolving world of cryptocurrencies, ensuring the security of our funds is a priority. None of us want to fall victim to malicious attackers who want to steal our cryptocurrencies that we have worked so hard to earn. The good news is that we have a powerful tool at our disposal: two-factor authentication (2FA).

With Binance Authenticator, you can add an extra layer of protection to your account, which makes it much harder for hackers to gain unauthorized access. It's a small step that goes a long way in protecting our valuable crypto funds. So let's take that extra precaution and embrace the power of 2FA authentication to keep our cryptocurrency investments safe.

Why should I use 2FA authentication?

Using 2FA authentication is an important part of securing your Binance account. It adds an extra layer of security to your account instead of just using a password. With 2FA authentication enabled, you need to provide two different pieces of information to access your account: your password and a unique verification code sent to your mobile device with Binance Authenticator.

This action significantly reduces the risk of unauthorized access, as even if someone manages to obtain or guess your password, they would still need to have physical possession of your cell phone to enter the verification code. By implementing 2FA authentication, you significantly increase the security of your Binance account by making it more difficult for hackers to gain unauthorized access and ensuring that your personal information remains secure.

Why should I use Binance Authenticator?

Binance Authenticator offers a reliable alternative to using Google Authenticator. With a Google account, unique authenticator codes can now be retrieved and stored across multiple devices, posing a potential security risk to your Binance account.

For example, if your Google account is hacked or stolen, all of your unique codes (including those associated with your Binance account) could be compromised. Binance Authenticator offers a secure 2FA alternative that stores all personal data locally on your device.

How to enable Binance Authenticator on the Binance website

1. Log in to your Binance account and click [Profile] - [Security]. Click [Download Binance Authenticator] to download the app to your phone.

2. In the [Authentication Application] section, click [Manage].

3. Click [Enable] on the [Authentication Application] page to start.

4. You will be prompted to complete the security verification process. You will then see a QR code and a 16-digit key on the screen.

Open the Binance Authenticator app on your phone and scan the QR code or manually enter the 16-digit key.

5. You will see a 6-digit code.

6. Return to the Binance website and click [Next].

7. To activate Binance Authenticator for your account, you will need to verify with your 6-digit Binance Authenticator code. Click [Submit] after entering the code.

8. You have successfully added your Binance Authenticator.

How to enable Binance Authenticator with the Binance app

1. Tap the [Profile] icon and tap [Security] - [Authentication Application].

2. After checking whether you have already installed the Binance Authenticator app on your phone, tap [Activate].

3. You will see a 16-digit key on the screen. Keep this key in a safe place. In case you lose your device, this key will allow you to recover your Binance Authenticator account.

Tap [Copy] and open the Binance Authenticator app.

4. Paste the 16-digit key or enter it manually. You can create custom names for your account in [Service], which can be useful when adding multiple accounts to your Binance Authenticator. Tap [Continue] to view a 6-digit code.

5. Return to the Binance app to verify your setup request with your newly activated Binance Authenticator. Tap [Next] and enter your Binance Authenticator 6-digit code before tapping [Submit].

6. After activating Binance Authenticator, you will need to enter the verification code when logging into your account, withdrawing funds, etc.

How to customize your Binance Authenticator

1. In Binance Authenticator, swipe right on the code to [Pin], [Edit] or [Delete].

2. You can also tap the [+] button in the top right corner to add multiple accounts to your Binance Authenticator app.

3. If you have added multiple accounts to your Binance Authenticator, you can swipe right on each code and click [Edit] to set custom names for your accounts.

How to reset Binance Authenticator

If you have already linked your Google Authenticator to your Binance account or your Binance Authenticator is not working properly, you need to remove your Google Authenticator or Binance Authenticator first.

To protect your account, P2P withdrawals and sales will be disabled for 24 hours after changing the authenticator.

1. To reset your authenticator, go to the [Security] page and click [Manage] in the Authentication Application section.

2. Click the edit icon next to your authenticator account.

3. If you agree to disable withdrawals and P2P transactions for 24 hours, click [Continue].

4. You may need to complete an additional security check stage. It's simple, just follow the instructions that appear on the screen.

5. You will see a QR code and a 16-digit key on the screen. Open your Binance Authenticator app and scan the QR code or manually enter the 16-digit key.

6. Now, you will see a 6-digit code on your Binance Authenticator app.

7. Return to the Binance website and click [Next].

8. Enter the 6-digit Binance Authenticator code and click [Submit].

9. You have successfully enabled your new Binance Authenticator.

When it comes to protecting your crypto account, using Binance Authenticator is half the battle. It provides a significant increase in your account security by requiring an additional verification step. However, while 2FA authentication is crucial, it's important to remember that it's not the only solution. To ensure your funds are truly safe, it is essential to adopt best security practices across industries.

This includes using strong and unique passwords, enabling additional security features like biometric authentication, and staying vigilant against phishing attempts. By combining the power of 2FA authentication with these best practices, you can strengthen your crypto account security and enjoy greater peace of mind.

Further reading

  • 15 tips to improve the security of your Binance Account

  • Risk Management: An In-Depth Look at Binance Platform Security

  • Stay Safe: Detecting Account Takeover Attacks