Even if you’ve enabled two-factor authentication on your exchange account, it matters which method you use. SMS verification codes and authenticator app codes can still be stolen through fake login pages; FIDO2 security keys offer phishing-resistant protection.

On November 10, Coinbase announced Security Checkup, which lets users view their account security score and checkup results for sign-ins, transfers, devices and sessions, and connected apps. The system provides prioritized recommendations based on their impact, and lets users make changes directly from the score page.

The most useful thing about this feature is that it brings together security settings that are scattered across different menus. No matter which platform you use, take a moment to check: Are there any unfamiliar login devices? Are there app permissions you no longer need? Is there a more secure two-factor authentication option? Go to settings through the official app or website that you open yourself—don’t follow security upgrade links in private messages.

A high score cannot guarantee the safety of your funds, nor can it eliminate the risks of leaving assets in a platform’s custody. Be wary of anyone asking for verification codes, passwords, or recovery phrases.

Sources: Coinbase official blog, November 10; cybersecurity guidance certified by the Cyber Security Agency of Singapore.

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