What are the risks of email verification spam on Coinbase?

1 answers

• Mar 07, 2022 · 3 years ago
  Email verification spam on Coinbase can be a real headache. It's not only annoying but also poses several risks to users. One of the main risks is the potential for phishing attacks. Scammers can send emails that look like they're from Coinbase and ask users to verify their accounts by clicking on a link. If users fall for this scam and provide their login credentials, scammers can gain access to their Coinbase accounts and steal their digital assets. Another risk is the possibility of account takeover. If users unknowingly provide their login credentials through email verification spam, scammers can take control of their Coinbase accounts and manipulate their funds. To protect against these risks, it's important to be vigilant and double-check the authenticity of emails before taking any action. Enable two-factor authentication on Coinbase and regularly update passwords to enhance account security. It's also advisable to use email filtering systems to block spam emails and reduce the risk of falling victim to phishing attacks.
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