What are the best practices for implementing Nexmo 2 factor authentication in cryptocurrency exchanges?

1 answers

• FuturecorpseFeb 24, 2025 · 5 months ago
  At BYDFi, we highly recommend implementing Nexmo 2 factor authentication in cryptocurrency exchanges. It is a powerful tool that adds an extra layer of security to user accounts. Some best practices include enabling 2 factor authentication by default for all users, providing clear instructions on how to set it up, and regularly reminding users to enable it if they haven't already. It is also important to monitor and analyze authentication logs to detect any suspicious activity. By implementing these best practices, you can enhance the security of your exchange and build trust with your users.
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