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Author Topic: is using 2fa safe in every way  (Read 749 times)
TribalBob (OP)
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April 23, 2022, 03:17:00 PM
 #1

today I experienced an unexpected transaction from one of my wallets, all my assets were sold automatically, this is the first time I've experienced this, I didn't protect this wallet with a PIN and 2fa
can it be delayed after I use 2fa and PIN for all transactions?

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April 23, 2022, 03:30:59 PM
 #2



The question is what app that you have been used to store your money? If your 2 FA didn't work and i do believe if there would be something wrong with you or your app and if you didn't mention what kind of wallet or app that already used. You can try to enable 2FA verification and any withdrawal that will be  happening in your wallet will require 2fa to be able to take it from your wallet. This is adding second security layer to your wallet but it's better if you can encrypt it as well. This is increasing the security of your wallet. Im always using 2 fa for every wallet or assets to make it even safer.

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April 23, 2022, 03:48:37 PM
 #3

today I experienced an unexpected transaction from one of my wallets, all my assets were sold automatically, this is the first time I've experienced this, I didn't protect this wallet with a PIN and 2fa
can it be delayed after I use 2fa and PIN for all transactions?

For transactions that have already occurred, it is not possible to delay or cancel transactions after applying 2 FA and PIN authentication.

However, if you apply 2 FA and PIN previously, events such as automatic asset sales or hacking activities on your wallet will not occur. At least your funds will be safe from hacking activities or cases like you experienced. PIN and 2 FA authentication are additional security which I think is good and effective for protecting crypto assets in the wallet, I suggest using these 2 additional security in other wallets you have.

Please correct me if my statement is wrong

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April 23, 2022, 03:54:50 PM
 #4

That's why people should enable 2FA authentication for the security of a wallet or should be used in everything  important . However, in many cases hackers can also break the 2FA security system. In many cases there are many exchangers who have weak 2FA security system , in that case the users get a lot of problems with it .


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April 23, 2022, 04:01:53 PM
 #5

today I experienced an unexpected transaction from one of my wallets, all my assets were sold automatically, this is the first time I've experienced this, I didn't protect this wallet with a PIN and 2fa
can it be delayed after I use 2fa and PIN for all transactions?
If the transaction is already running and only waiting for confirmation from the network, then it will never be delayed and also will not mean anything even though you have implemented 2fa and the PIN in the wallet, but if the transaction has not been executed by the network, then it is also possible to fail. Hopefully there are no other transactions that happen suddenly to your wallet.

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April 23, 2022, 04:08:18 PM
 #6

today I experienced an unexpected transaction from one of my wallets, all my assets were sold automatically, this is the first time I've experienced this, I didn't protect this wallet with a PIN and 2fa
can it be delayed after I use 2fa and PIN for all transactions?

Nothing is 100% safe but 2FA is considered "safe". Also there are different 2FA's. SMS, Google, hardware, mobile app... All of those have different weaknesses. SMS 2FA is considered the weakest of all but I don't know the exact reason. It is probably because hacking simcards is somehow easier.

You should use 2FA on every important or not account you have. Banks, emails, forums (if there is an option), social media. If a hacker can get into one of those accounts, he can start collecting your data and he will strike you when he finds a weakness.

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April 23, 2022, 04:16:14 PM
 #7

today I experienced an unexpected transaction from one of my wallets, all my assets were sold automatically, this is the first time I've experienced this, I didn't protect this wallet with a PIN and 2fa
can it be delayed after I use 2fa and PIN for all transactions?

What do you mean automatically sold? Do you mean this is an exchange wallet?
If they were already sold then, the transaction is already done. Either someone already got control of that account and if you have not set the email, Authentication and 2fa, maybe they can withdraw the funds too.  I could only think someone has access to you email and learned about your account and its worse if they have also done SIM swap.

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April 23, 2022, 04:17:31 PM
 #8

today I experienced an unexpected transaction from one of my wallets, all my assets were sold automatically, this is the first time I've experienced this, I didn't protect this wallet with a PIN and 2fa
can it be delayed after I use 2fa and PIN for all transactions?
Sure it will be if you only have used it. It wouldn't have taken so easily if there's some kind of security to protect your asset in the first place, a 2fa with the app, SMS, or email should delayed the exploiter. There's a huge chance that it wouldn't be sold if there's some security like 2FA on your app or wallet to be specific.
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April 23, 2022, 04:32:06 PM
 #9

I think 2fa is safe for wallet.if you use a 2fa don't be transection any one your wallet.Many hackers find out opportunities to unsecure a wallet.without 2 fa wallet is unsecur because in many hackers try also break the 2fa security system.They are can't to easy to break the 2fa security system.If you add a 2fa hackers don't do this.Nothing is impossible for hackers,but it is better to be secure.I am using already 5 years 2fa and pin.I think this 2fa protect my wallet and i believes this.  

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April 23, 2022, 04:37:59 PM
 #10

today I experienced an unexpected transaction from one of my wallets, all my assets were sold automatically, this is the first time I've experienced this, I didn't protect this wallet with a PIN and 2fa
can it be delayed after I use 2fa and PIN for all transactions?
by activationg 2fa or pin for each transaction we have multple layer security for accessing account , trading or about finance operation. no one could sell our asset if we activate 2fa , it is as confirmation for all account operation. google auth or sms    be best 2fa in my opinion because only us that hold this device.

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April 23, 2022, 04:48:48 PM
 #11


can it be delayed after I use 2fa and PIN for all transactions?

Sometimes they say it is better late than being absent and there are many saying like that too, so you have to know it that if you had activated such security then you won't have such encounter. I don't know if this is hacking of your wallet that has caused a transaction that you didn't activate. And I believe you should get email before such is done your approval is required if you didn't activate 2FA .
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April 23, 2022, 04:52:58 PM
 #12

2FA always enable it whenever there is money involved. The most android application now are covered by Google Protect but it doesn't mean you are safe so better if you have one more wall for security.
Now if you are running a desktop software you could just do the same case. If not password which should not be written/saved on the same computer where the software is, better save it old school by writing it in a paper or 2FA too which is a feature now for most wallets.
I am sorry, but your funds might be long gone.
You could try tracing it.
1. If it was sent to an exchange and you can identify what exchange it is then you can warn them about the funds being hacked by showing proof. There's a chance they will freeze it. But that's a lot of work. Is it worth the hacked amount to make that kind of effort?
2. If it's sent to a wallet address with an "idiot" hacker that was signed by him then you trace him. But that's unlikely to happen.

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April 23, 2022, 05:32:40 PM
 #13

If you use your 2fa for any types of phissy website then it will obviously not working for your money safety because web developer also see your 2fa code here and he also can add 2fa on any types of 2fa app but insted of that if you use it for any types of real website then its fine for you.

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April 23, 2022, 05:52:30 PM
 #14

The importance of 2fa for keeping your account or your wallet safe is immense.If your account is automated by 2FA, hackers will never be able to hack your account.I think for those who work in cryptocurrency, you must use 2FA to save the account. This will keep your account 100% secure.
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April 23, 2022, 05:58:46 PM
 #15

We will only realize it’s important the time we needed it and mostly this realizations happens late. When I lose my phone I also don’t have 2fa or even locked in my phone that makes it easier to anyone who got my phone to access it. As much as possible now I put all security my phone can have lock, fingerprint,passwords  and face detection. And when it comes in finance related accounts there is 2fa and stricter password.
our regret will always come lately , and unfortunately why we don't doing this since early to prevent unexpected accident. for every worthed account we must secure it with multiple layer authentification , we could using sms code or google auth. with this additional setting i am believe someone will hard to access our account.
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April 23, 2022, 06:18:06 PM
 #16

today I experienced an unexpected transaction from one of my wallets, all my assets were sold automatically, this is the first time I've experienced this, I didn't protect this wallet with a PIN and 2fa
can it be delayed after I use 2fa and PIN for all transactions?
All of these precautions are good when a code is requested for a withdrawal. And if your wallet is hacked, that is, your keys are compromised, then it's too late to do anything. You should always set protection initially, even if there are no assets. Because in the future they may appear there and you have everything already protected.

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April 23, 2022, 06:20:02 PM
 #17

today I experienced an unexpected transaction from one of my wallets, all my assets were sold automatically, this is the first time I've experienced this, I didn't protect this wallet with a PIN and 2fa
can it be delayed after I use 2fa and PIN for all transactions?
What wallet do you use because only exchange wallets apply 2fa and PIN for all transactions because if sold and automatic withdrawals you have to check the email registered with the exchange. I think if you own assets then you have to enable security to keep assets hackable.

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April 23, 2022, 07:21:08 PM
 #18

today I experienced an unexpected transaction from one of my wallets, all my assets were sold automatically, this is the first time I've experienced this, I didn't protect this wallet with a PIN and 2fa
can it be delayed after I use 2fa and PIN for all transactions?

You should have put a PIN or password for transaction on your wallet even when you are not comfortable using 2fa. That would have saved your assets. This steps are necessary in safeguarding our wallets but alot of us think it is a stress doing all that checks. Nothing is as stressful as what happens when your wallet is hacked and you try to recover it. I hope the hack is not an insider job or you downloaded a virus on your device for the hacker to have gotten access to your wallet.
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April 23, 2022, 08:06:43 PM
 #19

Can you specify what type of wallet you are using? so we can be aware too, 2fa is indeed important for security, you should use it on the web or any platform that supports the feature. You can not delay transactions that have been made if your assets have been sold, what you can do is secure the income that has been sold.

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April 23, 2022, 08:08:24 PM
 #20

today I experienced an unexpected transaction from one of my wallets, all my assets were sold automatically, this is the first time I've experienced this, I didn't protect this wallet with a PIN and 2fa
can it be delayed after I use 2fa and PIN for all transactions?

Using more security is a great way to keep your wallet safe, although it's actually really annoying to have to go through several processes to make or execute a transaction. On my exchange account for example, I use not only PIN but also 2FA to make my crypto assets safe from hackers.

Do use more security like 2FA, PIN etc. 100% safe?

(The answer is not 100%, but it would be better than not using advanced security.)

R


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