Binance, Exchanges

How to Enable Binance Authenticator?

Binance is a cryptocurrency exchange that provides a platform for trading various cryptocurrencies. As of January 2018, Binance was the largest cryptocurrency exchange in the world in terms of trading volume.

Binance offers two-factor authentication (2FA) to help users secure their accounts. 2FA is an additional layer of security that requires users to provide a second piece of information after entering their username and password.

Binance supports two types of 2FA: Google Authenticator and Authy. Google Authenticator is a free app that can be downloaded from the Google Play Store or the Apple App Store.

Authy is a paid app that costs $1.99 per month.

To enable 2FA with Google Authenticator, follow these steps:

1. Log in to your Binance account and click on “Security” in the top menu bar.

2. Scroll down to “2-Factor Authentication” and click on “Enable” next to Google Authenticator.

3. A pop-up window will appear with instructions on how to set up 2FA with Google Authenticator.

4. Follow the instructions and scan the QR code with the Google Authenticator app.

5. Enter the 6-digit code generated by the app and click on “Enable 2FA”.

To enable 2FA with Authy, follow these steps:

2. Scroll down to “2-Factor Authentication” and click on “Enable” next to Authy. A pop-up window will appear with instructions on how to set up 2FA with Authy. Follow the instructions and enter your phone number.

You will receive a text message with a verification code that you need to enter in the Binance website. Enter the 6-digit code generated by Authy and click on “Enable 2FA”.

NOTE: WARNING: Enabling Binance Authenticator can be a dangerous process if not done correctly. It is important to be aware of any potential security risks, as well as the potential for data loss or theft when setting up your authenticator. Make sure to follow all instructions carefully and use a secure password when setting up your authenticator. Additionally, consider backing up any important data associated with your authenticator before enabling it.

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