RE: Do YOU have 2FA enabled? Do you use a password manager? The convenience of cutting these corners is NOT worth the risk!

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Do YOU have 2FA enabled? Do you use a password manager? The convenience of cutting these corners is NOT worth the risk!

in cryptocurrency •  7 years ago  (edited)

it is not always easy like Bittrex gives 7 day trade ban on 2FA key recovery request and bitfinex also block ur activities for some time and u need to have SMS recovery.

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If it was easy to reset a 2FA token at an exchange, it wouldn't offer any added security. You can avoid having to go through the process if you back up the 2FA secret when you set it up (it's encoded in the QR code you have to scan, and is generally provided in plain text along with the QR code).