Binance 2FA Guide

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There are endless methods of hacking and circumventing password authentication through means of phishing or public WiFi, so having two-factor authentication enabled is essential to your account security.

 

What is 2FA?

2FA or two-factor authentication is when you protect your account with two factors or locks, creating an additional layer of security.

In this context, a factor is split into three different categories: 

  1. Users knowledge (Password)

  2. Something the user owns (Phone)

  3. Biometric traits (Fingerprint)

To be properly protected by 2FA your account must require 2 locks before granting access. The two main factors for Binance is a password as well as either an SMS or Google authentication code.

 

What are the differences between Google Authenticator and SMS authentication?

 

SMS Authentication

When creating an account, you provide your mobile phone number. Whenever you want to log in, the service sends you an SMS message with a verification code that expires after a certain period of time. You have to input that number in order to log in.

 

PRO

CON

Convenient & Easy to use

Mobile phone numbers can be spoofed and are not as secure as Google Authentication.

Does not require an additional application

Requires cellular reception

 

Google Authentication

After setting up Google Authentication, you are assigned a backup key (secret key). The App then generates one-time passwords (OTP) at regular intervals, using the secret key as a seed. Those one-time passwords are required to log in.

 

PRO

CON

Strong encryption

Losing your device means losing access to your account (unless you have a backup key)

Doesn’t require cellular reception or wifi

Requires installing additional applications

 

 

How to set up SMS and Google authenticators on Binance

 

Setting up SMS Authentication

Navigate to your account dashboard and select “Security” -> “2-Factor Authentication” and click on the button that says “Enable” next to the SMS Authentication Label to begin the process to enable SMS Authentication.

 

Setting up SMS Authentication

 

First, you will need to select the country code for your mobile number and then enter your mobile number in the field provided. Once you have entered your details, click the “Send SMS” button. 

Setting up SMS Authentication

 

Shortly after pressing the “Send SMS” button, you will receive an SMS with a verification code. Input the SMS Verification Code you received into the field and click “Enable SMS Authenticator”.

SMS Verification on Binance

 

 

 

Setting up Google Authentication

Navigate to your account dashboard and select “Security” -> “2-Factor Authentication” and click on the button that says “Enable” next to the Google Authentication Label to begin the process to enable Google Authentication.

Setting up Google Authentication

 

Step 1 - Download App

If you do not yet have the Google Authenticator app on your device, you can download it by using the links provided on the next screen. 

Once the application has been installed, proceed to the next step.

Binance 2FA Guide

 

Step 2 - Scan QR Code

Open the Google Authenticator App on your mobile device and click “Scan a barcode”. Once the camera appears, scan the barcode provided using your mobile device.

Alternatively, if your mobile device does not have a working camera you can select “Enter a provided key”.  

After this has been added to your google authenticator, you may proceed to the next step.

 

Setting up Google Authentication

 Binance 2FA Guide


 

Step 3 - Backup Code

On this screen, you will be prompted with a reset code for your google authenticator. Please write this code on a piece of paper and keep it safe. It can be used in the future to reset your Google Authenticator if you lose your mobile device. Once you have written the code down, you may proceed to the next step.

Setting up Google Authentication

Step 4 - Enable Google Authenticator

You will now need to enter your account password and the 6 digit code that is shown on your google authenticator to finish enabling google authentication for your account. 

 


Setting up Google Authentication


Your account is now protected with two-factor authentication.

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