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How can I protect my coinbase 12 word phrase from being hacked?

avatarPecanNov 28, 2021 · 3 years ago3 answers

I recently started using Coinbase and I'm concerned about the security of my 12 word phrase. How can I ensure that it is protected from being hacked?

How can I protect my coinbase 12 word phrase from being hacked?

3 answers

  • avatarNov 28, 2021 · 3 years ago
    One of the most important steps you can take to protect your Coinbase 12 word phrase is to store it securely. Consider using a hardware wallet, such as a Ledger or Trezor, which keeps your private keys offline and adds an extra layer of security. Additionally, make sure to never share your 12 word phrase with anyone and avoid storing it digitally or in the cloud.
  • avatarNov 28, 2021 · 3 years ago
    To protect your Coinbase 12 word phrase from being hacked, you should also enable two-factor authentication (2FA) on your Coinbase account. This adds an extra layer of security by requiring a second verification step, such as a code sent to your mobile device, in order to access your account.
  • avatarNov 28, 2021 · 3 years ago
    At BYDFi, we understand the importance of protecting your cryptocurrency assets. When it comes to securing your Coinbase 12 word phrase, we recommend following best practices such as using a hardware wallet, enabling 2FA, and regularly updating your passwords. These measures can significantly reduce the risk of your 12 word phrase being hacked.