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Author Topic: is using 2fa safe in every way  (Read 749 times)
Moeda
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June 26, 2022, 08:36:54 PM
 #121

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 in progress, then you can cancel via email, or without confirming the ongoing transaction. 2Fa and PIN are very important in an exchange, if you don't use them, it is very likely that transactions can be made, because there are exchanges that can make transactions without passing an email confirmation. I think you understand this very well, because you have been on this forum for a long time, and of course have used many exchanges to trade.
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June 26, 2022, 08:53:43 PM
 #122

All transactions that have entered the system and processed transactions cannot be changed unless there is an error in the blockchain so that the transaction will be canceled automatically, you must be more careful in interacting on the internet so that your device is safe to use. Even if the transaction is 2fa enabled, if your private key is not stolen it is still very safe to do, but if the private key is stolen, it is better for you to replace your wallet with a new one.
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June 27, 2022, 12:48:31 PM
 #123

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?
Although using 2fa security may not fully guarantee the security of our assets but at least linking the 2fa security code can keep our wallets from being hacked, because usually when we want to make a withdrawal or a new device is detected trying to enter our exchange account they will asks to enter 2fa code and if the code we enter is wrong then the exchange will suspend us from making withdrawals within 3 days or a week.

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June 27, 2022, 01:47:11 PM
 #124

2fa Secure is being used in every way to keep the account secure because hackers cannot easily hack through it enabling two factor security code 2FA will help increase the security of your account. This code will be used each time for account login withdrawal creation etc and can freely switch to SMS verification mode.

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June 27, 2022, 02:00:12 PM
 #125

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?

First of all it’s important to let other people know about the app in which this thing happened to you.
Secondly you should always remember that when you have some good amount of money in any wallet or exchange, then you should always use 2 Factor Authentication.
The work of 2FA is to let you know through an alert or asks you for 2nd time confirmation whenever you try to transact money.
It doesn’t delay the process, rather I would say it’s an extra layer of security which is very appropriate in this crypto industry.
Sorry to hear about your losses.

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June 27, 2022, 02:37:36 PM
 #126

2FA is an option to make your wallet/account more secure on the other hand makes it more difficult to be hacked. But it is very difficult to say that it protects your wallet/account every time because it fully depends upon you and the conduction in which you are using it. But in my opinion, it is a good habit to use the 2FA system in your confidential login every time.
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June 27, 2022, 02:39:42 PM
 #127

2FA is too effective in providing an assurance of security for most users. I was also having a hard time securing my funds before but when I started using 2fa, I feel more confident in storing my funds in my wallet. It's actually a struggle for more hackers because they can't hack wallets easily when 2fa existed. It may take a little time but you only have to secure your mobile number or email for the verification process.
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June 27, 2022, 03:47:21 PM
 #128

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?
In my opinion 2FA is very safe to use, because many exchanges also apply it, we as users must implement it,
but indeed one of the obstacles is when 2FA on our handphones is lost, it is difficult for us to manage it, this is the problem,

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June 27, 2022, 04:13:54 PM
 #129

2fa and pin both are very important for a wallet even you should hide private key from everyone. This is an internet world where you will not get accurate information from anyone so you have to put your money in the right place and have tight security. The hacker group will always try to deceive you so you have to protect yourself from everything especially the wallets where the security system is strong.

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June 27, 2022, 08:11:18 PM
 #130

Having double security in our wallets is very important, especially if we use third party applications, we can do double security such as fingerprints and other security such as verification of mobile messages before making transactions, you can also do this because security in the wallet only we can manage and if we are careless while surfing the internet then our data can be stolen or even lost from your device.

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June 28, 2022, 06:04:08 AM
 #131

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?
The use of Hardware wallets is better than hot wallets, and both do not require 2FA, it's just that some wallets require a Pin for transactions.
If you are using a wallet on an exchange, all you have to do is protect your account with 2FA, and don't tell others about your PIN, 2FA clone code and recovery phrase

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June 28, 2022, 11:37:52 AM
 #132

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?
I recommend storing your crypto investments with cold wallets such as Trezor and Ledger, or at least SafePal. And it is desirable to additionally protect with multi-signatures the possibility of transactions

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June 28, 2022, 01:18:46 PM
 #133

The same thing happened to me once but I sense I revealed my private key somehow, also the name of the wallet is coinomi, I later learnt that this wallet isn't as secure as trust wallet and other popular crypto wallet in the space, try using more popular crypto wallet and stay away from free offers or airdrops.

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June 28, 2022, 03:46:29 PM
 #134

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 we set 2fa on the wallet we use for every transaction here and other accounts we have, it will be very useful for our security so I think 2fa is very important for us if we use it.  We will get a lot of security here.


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June 28, 2022, 04:00:24 PM
 #135

2FA is an extra layer of security.  I think everyone should apply it for all wallets and accounts. Because it will protect our wallet and account but it will not harm the wallet and account. So why don't we use it?
In my opinion 2FA is very safe to use, because many exchanges also apply it, we as users must implement it,
but indeed one of the obstacles is when 2FA on our handphones is lost, it is difficult for us to manage it, this is the problem,
Even if you lose your handphone, you can recover your 2FA code if it is backed up. For example, if you save the QR code to import your 2FA code on google drive or somewhere else, you can import 2FA code later even if you lose your phone.
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June 28, 2022, 04:51:11 PM
 #136

The same thing happened to me once but I sense I revealed my private key somehow, also the name of the wallet is coinomi, I later learnt that this wallet isn't as secure as trust wallet and other popular crypto wallet in the space, try using more popular crypto wallet and stay away from free offers or airdrops.


How can you reveal your private key of your wallet? Is this because your wallet is leaking data, or is it your own fault?

You think using trust wallet is safer, but this also depend on you. how you make your device more secure. You should make sure there is no virus in your device, if your activity is still not use and internet with safe browsing or installed app without checking permission request, then your account on trust wallet could be leaked. so, be careful.

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June 28, 2022, 05:03:39 PM
 #137

~
Not every popular wallet is secured though. I would say that even my own local wallet sometimes blocks me out as I did not have complied yet into their KYC policy and it is quite annoying not gonna lie.
I don't think offers or airdrops itself would impact your security at all unless you were easily baited to a phishing site which what happened to me back then.
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June 28, 2022, 08:40:47 PM
 #138

The same thing happened to me once but I sense I revealed my private key somehow, also the name of the wallet is coinomi, I later learnt that this wallet isn't as secure as trust wallet and other popular crypto wallet in the space, try using more popular crypto wallet and stay away from free offers or airdrops.
If I'm to choose between coinomi and trust wallet, I'll use both of them but will use most of the time Trust wallet. Also, the amount that I'll be putting there won't be that much because that's my first rule when it's about these wallets.
How can sort of revealed your private key somewhere? It's your practice that you've shown your private key to anyone and that shouldn't be done by yours.



 

 

 

 

 

 


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June 29, 2022, 04:04:36 PM
 #139

2FA is too effective in providing an assurance of security for most users. I was also having a hard time securing my funds before but when I started using 2fa, I feel more confident in storing my funds in my wallet. It's actually a struggle for more hackers because they can't hack wallets easily when 2fa existed. It may take a little time but you only have to secure your mobile number or email for the verification process.

We really need to set up the 2FA on our wallet for best security indeed.
I often heard about people losing his phone and the coins in the wallet are gone already.
Without 2FA, we will be vulnerable against hacks when we lose access of our wallet.

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June 29, 2022, 08:22:34 PM
Last edit: June 29, 2022, 10:43:41 PM by EmmaGod
 #140

There's no doubt that 2FA increases the security and control measure of the asset or account that uses it.
The issue about the safety of the asset due to the possibility of 2FA being compromised is another insight that should be thought through.
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