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What are the recommended security questions for a cryptocurrency exchange account?

avatarricardoruaDec 31, 2021 · 3 years ago3 answers

When creating an account on a cryptocurrency exchange, what are the security questions that are recommended to enhance the safety of the account?

What are the recommended security questions for a cryptocurrency exchange account?

3 answers

  • avatarDec 31, 2021 · 3 years ago
    One recommended security question for a cryptocurrency exchange account is to ask for the user's first pet's name. This question is commonly used as it is personal and easy to remember. However, it is important to note that using this question alone may not provide sufficient security.
  • avatarDec 31, 2021 · 3 years ago
    Another recommended security question is to ask for the user's favorite childhood book. This question adds an extra layer of security as it is unique to each individual. It is important to choose a question that is not easily guessable or publicly available information.
  • avatarDec 31, 2021 · 3 years ago
    At BYDFi, we recommend using a combination of security questions that include personal information, such as the user's favorite movie or the city they were born in, as well as questions related to their cryptocurrency trading habits, such as their first cryptocurrency investment. This ensures that the security questions are both personal and relevant to the user's account.