Set your exchange in password or biometric before withdraw.

[taufik123]

-snip-
If some one loss mobile phone actually the exchange account keep appear if login trough APP, I used Binance APP and account keep existing for long term and linked 2FA, email at the same mobile phone easily for some one withdrawing your fund if not set up biometric or using PIN code to withdraw fund at exchange account.

If you do lose your phone, there is still double security on the smartphone itself,
passwords or fingerprints will be a barrier door for those who find or steal the smartphone, so it will not be able to be opened by anyone.

Now smartphone security is more sophisticated and it is not easy to hack or bypass the screen security code,
even if it is forced to open, the data will be permanently deleted.

So in addition to exchange account security, smartphone security also needs to be considered,
always use screen lock security so that no one can access the smartphone when it is lost.

[Oluwa-btc]

Yesterday someone store my friends phone entered his binance and kucoin Because it was already logged in and withdraw his crypto coins, and this was possible because he used only authentication code for withdraw and since the authentication app was on his phone it was easy for the person to withdraw, so please Set your exchange in password or biometric before withdraw because if it was set like that the person wouldn't have been able to withdraw his crypto coins.

You meant stole your friends phone! But then something is off here how was the person able to achieve having access to his phone completely using his pass key, if not it been leaked out by an imposter or third party. What's the point since he got access through authentication what then behold a password except biometrics could be the only way out. Moreso most crypto apps like binance and the rest of them got features where biometrics and other security features to safeguard ones funds are required, once it's set up it could save one from cyber theft.