What are the recommended whitelisting strategies for preventing unauthorized access to my cryptocurrency exchange account?

3 answers

• Feb 17, 2022 · 3 years ago
  One recommended whitelisting strategy is to enable IP address whitelisting. This means that only specific IP addresses that you have approved will be allowed to access your account. By restricting access to trusted IP addresses, you can greatly reduce the risk of unauthorized access to your cryptocurrency exchange account.
  324162
• Feb 17, 2022 · 3 years ago
  Another effective whitelisting strategy is to enable two-factor authentication (2FA). This adds an extra layer of security by requiring a second form of verification, such as a unique code sent to your mobile device, in addition to your password. By enabling 2FA, even if someone manages to obtain your password, they would still need the second factor to gain access to your account.
  384128
• Feb 17, 2022 · 3 years ago
  At BYDFi, we recommend using a combination of IP address whitelisting and 2FA to protect your cryptocurrency exchange account. These two strategies work together to provide a strong defense against unauthorized access. By implementing both measures, you can significantly reduce the risk of security breaches and protect your valuable digital assets.
  35088