What is two-factor authentication (2FA) of Kriptomat?
2 Factor Authentication on Kriptomat
Two-step or two-factor authentication is one way to prevent unauthorized access to your account.
Unlike the traditional form of authentication, which is based only on something you know (your password), two-factor authentication goes one step further: by adding something that you always have at hand (a code is sent by SMS to your mobile device or a numeric code that is generated by the Google Authenticator application).
Kriptomat supports two types of 2FA at the moment:
- SMS verification
- This is the default method of authenticating the user in Kriptomat. Every time you log in to your account or make a transaction, Kriptomat sends an SMS with a code to your mobile phone and Kriptomat will ask you to enter the designated form in Kriptomat’s exchange.
- Google 2 Factor Authentication
- This is an optional feature that adds more security to your Kriptomat account. In this case, you will need to install the Google Authenticator app on your Android or iOS device. The application generates a code that will be asked when you log in or make a transaction.
If you don’t already have Google Two-Factor Authentication enabled on your account, Kriptomat recommends that you do so.
2FA cannot be totally deactivated in Kriptomat, you will always have it active in one way or another.
Go to Kriptomat’s Official Website
How to enable Google Two Factor Authentication (2FA)?
Google Two-Factor Authentication (2FA) is a great way to add an extra layer of security to your account.
If you want to enable Google 2FA, follow these steps:
1. Download and install the Google Authenticator app on your Android or iOS device.
2. Login to your account. Go to the Settings tab and then choose the Security tab.
3. Click the Enable Google Authenticator button.
4. Check the box that I have downloaded and installed the application and press the next button.
5. Confirm the action by entering the verification code that you have received by SMS to your phone.
6. You will see a QR code and an authentication key. Go to the Google Authenticator app on your phone, press the “+” button and scan the QR code or manually enter the authentication key.
7. Check the box I have scanned the QR code and press the next button.
8. Save the authentication key, Kriptomat suggests you write it down on a piece of paper and keep it in a safe place, for example, a cabinet or your bank’s safe.
9. Check the box I have secured the authentication key and press the next button.
10. Enter your authentication key, login password, and 6-digit 2FA code generated by the Google Authenticator app on your phone.
11. Press the Enable button.
How to disable Google Two Factor Authentication (2FA)?
Kriptomat does not recommend this action for security reasons. However, if you want to continue, follow the steps below:
Log into your Kriptomat account and go to the Settings page.
Choose the Security tab.
Click the Disable Google Authenticator button.
Click on the Send me verification code SMS button and enter the code in the corresponding field.
Enter the Google Authenticator code and click the Deactivate button. Your default authentication method will be SMS verification.
Go to Kriptomat Official Website
Please click "Introduction of Kriptomat", if you want to know the details and the company information of Kriptomat.
(Forex Broker)
Comment by Hans
April 24, 2024
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