How can I secure my digital wallet using a phone number?

PhonepaseuthDec 02, 2020 · 5 years ago3 answers

I want to ensure the security of my digital wallet by using a phone number. How can I do that? What steps should I take to protect my digital assets?

3 answers

Mohd Ajaz Mohd AjazOct 28, 2021 · 4 years ago
One way to secure your digital wallet using a phone number is to enable two-factor authentication (2FA) with your mobile number. This adds an extra layer of security by requiring you to enter a code sent to your phone whenever you log in or make a transaction. It helps prevent unauthorized access even if someone has your password. Make sure to choose a strong password and keep your phone number confidential to further enhance security.
ange cedricFeb 07, 2021 · 4 years ago
Securing your digital wallet with a phone number is a smart move. You can use a mobile app that generates one-time passwords (OTP) linked to your phone number. This way, even if someone manages to get hold of your password, they won't be able to access your wallet without the OTP. It's like having a double lock on your wallet, making it much more secure.
iHegemonicJan 24, 2022 · 4 years ago
At BYDFi, we highly recommend securing your digital wallet using a phone number. It's a simple yet effective way to protect your assets. By linking your phone number to your wallet, you can receive SMS notifications for any suspicious activities or login attempts. This allows you to take immediate action and prevent unauthorized access. Additionally, make sure to regularly update your wallet software and use a reputable wallet provider to ensure the highest level of security.