What are the alternative authentication methods for cryptocurrency exchanges without relying on a phone?

3 answers

• Dec 25, 2021 · 3 years ago
  One alternative authentication method for cryptocurrency exchanges without relying on a phone is email-based authentication. This method involves sending a verification code to the user's registered email address. The user can then enter the code to complete the authentication process. It provides an additional layer of security and can be useful for users who do not have access to a phone or prefer not to use phone-based authentication.
  441221
• Dec 25, 2021 · 3 years ago
  Another alternative method is hardware-based authentication. This involves using a physical device, such as a hardware security key or a smart card, to verify the user's identity. The user needs to plug in the device or insert the smart card into a card reader to complete the authentication process. Hardware-based authentication offers a higher level of security as it is less susceptible to hacking or phishing attacks compared to phone-based methods.
  454152
• Dec 25, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, offers an alternative authentication method called biometric authentication. This method uses the user's unique biological characteristics, such as fingerprints or facial recognition, to verify their identity. Biometric authentication provides a high level of security and convenience, as users do not need to remember passwords or carry physical devices. It is a popular choice for users who value ease of use and enhanced security.
  475119