Can I use a TOTP (Time-based One-Time Password) authenticator key for multiple cryptocurrency accounts?

Is it possible to use a TOTP (Time-based One-Time Password) authenticator key to secure multiple cryptocurrency accounts? Can I use the same key for different exchanges or wallets?

3 answers
- Yes, you can use a TOTP authenticator key for multiple cryptocurrency accounts. TOTP is a widely accepted standard for two-factor authentication (2FA) and can be used across different platforms and services. However, it is recommended to use a unique TOTP key for each account to enhance security.
Apr 05, 2022 · 3 years ago
- Definitely! TOTP authenticator keys are designed to provide an additional layer of security to your cryptocurrency accounts. You can use the same key for different exchanges or wallets, as long as they support TOTP-based 2FA. Just make sure to keep your key secure and avoid sharing it with anyone.
Apr 05, 2022 · 3 years ago
- Absolutely! TOTP authenticator keys are compatible with various cryptocurrency exchanges and wallets. They offer a convenient and secure way to protect your accounts from unauthorized access. At BYDFi, we highly recommend using a TOTP authenticator key for enhanced account security. Remember to enable 2FA on all your cryptocurrency accounts for maximum protection.
Apr 05, 2022 · 3 years ago

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