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Title: Yubikey Post by: Yasien Sayidiman on August 18, 2019, 03:18:56 AM Dear All,
Good morning , anyone have experience using yubikey. I have plan to buy nano ledger or blockchain lockbox, but I'm curious with yubikey? please advise, need your guide thank you. Title: Re: Yubikey Post by: bitmover on August 18, 2019, 04:02:49 AM Yubiko is an interesting 2FA hardware.
It is not designed to store cryptocurrency. You should use Trezor or Ledger as hardware wallets (most reliable companies). Both of them have support to FIDO2 technology (they do what Yubikey does), so you shouldn`t buy Yubiko IMO. Title: Re: Yubikey Post by: Yasien Sayidiman on August 18, 2019, 04:17:44 AM Yubiko is an interesting 2FA hardware. It is not designed to store cryptocurrency. You should use Trezor or Ledger as hardware wallets (most reliable companies). Both of them have support to FIDO2 technology (they do what Yubikey does), so you shouldn`t buy Yubiko IMO. Hi.. thank you for reply :) I just curios why binance recommend yubikey as follows: https://www.binance.com/en/support/articles/360029994311 Title: Re: Yubikey Post by: bitmover on August 18, 2019, 04:22:55 AM Hi.. thank you for reply :) I just curios why binance recommend yubikey as follows: https://www.binance.com/en/support/articles/360029994311 Binance is recommending a good security practice. But you don`t need this specific device, as hardware wallets can also do that. Ledger and Trezor, more info here: https://support.ledger.com/hc/en-us/articles/115005198545-FIDO-U2F https://wiki.trezor.io/User_manual:Two-factor_Authentication_with_U2F Title: Re: Yubikey Post by: mk4 on August 18, 2019, 07:10:43 AM Hi.. thank you for reply :) I just curios why binance recommend yubikey as follows: https://www.binance.com/en/support/articles/360029994311 Binance suggested YubiKeys because like bitmover said, using a YubiKey is a good way of handling 2 factor authentication. Remember, Binance is an exchange, and if you have an exchange account, 2FA is absolutely necessary. But it doesn't mean that you're going to store your funds on the exchange just because you have a YubiKey. While it may make your account more secure, take note that Binance itself can be hacked no matter how secure your account is. Title: Re: Yubikey Post by: bob123 on August 18, 2019, 11:31:31 AM Don't get a blockchain lockbox.
That's basically a cheap version of the nano s with support for way less coins than the original nano s and AFAIK also only working with the blockchain.com interface. And it costs almost the same. Better just get the original ledger nano s. Costs the same, but you can store way more than just 4 different coins on it. And you can use any compatible wallet you want (ledger live, electrum, wasabi, etc..). Yubikey, as already mentioned, is not a hardware wallet, but a security-token. It is being used for 2FA (to secure accounts which support 2 FA) and can be used for other stuff too (e.g. decrypting your harddrive and unlocking your computer / locking it upon removing). But it can't hold your seed or private keys. For secure crypto storage -> Hardware wallet For securing accounts with 2 FA -> Security-token (e.g. yubikey) |