Free, instant two-factor authentication now available at ExchB
2011-08-03 - We are extremely pleased to announce that free, instant two-factor authentication is now available to all users at ExchB.
We feature telephone support, quick & easy deposit by check, low 0.54% trade fees without a referral code, and now: even better security for your account with two-factor authentication.
Also, get 50% off trade fees for 30 days with this referral code: twofactor
Two-factor authentication makes it more difficult for unauthorized users to access your account. Normally, single-factor authentication requires proof that you know something (like a password). Two factor authentication adds the requirement that you have something (like a phone or a key) as well.
Two-factor authentication PROTECTS YOU when someone gets one of factors required to authenticate. For example, if someone discovers your password or gets of the thing you have, you are still safe as they do not have both factors.
Two-factor authentication DOES NOT PROTECT YOU from a man-in-the-browser attack, where your web browser is compromised. If your device is compromised, the attacker can take over your web session after you authenticate.
Two-factor authentication DOES NOT PROTECT YOU from a man-in-the-middle attack, where someone intercepts messages between your computer and the web server. You can protect yourself from man-in-the-middle attacks by making sure you login into the correct web site, that SSL security is enabled with no warnings displayed.
ExchB currently offers two-factor authentication using Mobile-OTP:
- immediate setup
- no third-party service required
- works on iOS, Android, and many other mobile devices
The authentication process becomes:
- Using your Mobile-OTP client, enter your PIN to received a one-time password.
- Login with your username and the password followed by the one-time-password.
We look forward to hearing how two-factor authentication and the other features of ExchB work for you. Feel free to email us at firstname.lastname@example.org
or call 855-EXCH-BTC (855-392-4282).
David Sterry (weex)ExchB / ExchangeBitcoins.com
<--- fixed. Thanks nhodges!