![]() It’s small enough to carry on your keychain, so you have access to it all the time. You then plug in the key, or tap via near field communication (NFC), to your mobile device to securely access your account. Once registered, you’ll be prompted for your security key when logging in. ![]() Hardware security keys are encrypted USB devices that you can register with your Coinbase account as a strong form of physical 2FA. Hardware security keys are arguably the most secure 2FA method (with SMS verification being the least secure). This is because security keys don’t require you to type out a code that attackers can find ways to intercept. Activating 2FA is critical in keeping your online accounts secure, but not all 2FA methods are created equal. Have you ever signed into an account and been asked to take a second step to verify your identity? That’s 2FA. ![]() That is why we are rolling out hardware security key support for 2FA when logging into Coinbase through your mobile device (support for desktop is already available). We want to ensure that all our users can leverage secure 2FA methods to access their accounts on Coinbase. But at Coinbase, we believe this extra step helps us keep our customers and their funds secure, including by providing protection against account takeovers (ATOs), which are usually caused by phishing campaigns, SIM swaps, or support scams. This higher level of security is not the default for many traditional financial institutions and other technology platforms. At Coinbase, every customer is opted into two-factor authentication (2FA) automatically.
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