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Should I change my phone number for better security in cryptocurrency transactions?

avatarEtienne SauvageDec 26, 2021 · 3 years ago3 answers

I am concerned about the security of my cryptocurrency transactions. Should I consider changing my phone number to enhance the security? How does changing my phone number affect the security of my cryptocurrency transactions?

Should I change my phone number for better security in cryptocurrency transactions?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Changing your phone number can be a good step towards enhancing the security of your cryptocurrency transactions. By changing your phone number, you can prevent potential hackers from gaining unauthorized access to your accounts through SIM swapping attacks. It is recommended to use a new phone number that is not associated with any previous accounts or services to minimize the risk of being targeted. Additionally, enabling two-factor authentication (2FA) using your new phone number can provide an extra layer of security for your cryptocurrency transactions.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! Changing your phone number can significantly improve the security of your cryptocurrency transactions. With the increasing number of SIM swapping attacks, it is crucial to take proactive measures to protect your assets. By using a new phone number, you can reduce the risk of unauthorized access to your accounts. Remember to update your phone number on all relevant platforms and enable 2FA for enhanced security.
  • avatarDec 26, 2021 · 3 years ago
    Changing your phone number is a personal decision that depends on your individual circumstances. While it can enhance the security of your cryptocurrency transactions by reducing the risk of SIM swapping attacks, it may also cause inconvenience if you have to update your phone number on various platforms. Consider the level of security you require and weigh it against the potential inconvenience before making a decision. If you decide to change your phone number, make sure to update it on all relevant platforms and enable additional security measures like 2FA.