How can I securely save my cryptocurrency passwords using Face ID?

3 answers

• Mar 06, 2022 · 3 years ago
  One way to securely save your cryptocurrency passwords using Face ID is to use a password manager app that supports Face ID authentication. These apps allow you to store your passwords in an encrypted vault, which can only be accessed using your Face ID. This adds an extra layer of security to your passwords, as even if someone gains access to your device, they won't be able to access your passwords without your face. Make sure to choose a reputable password manager app that has a strong track record in terms of security.
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• Mar 06, 2022 · 3 years ago
  Another option to securely save your cryptocurrency passwords using Face ID is to enable two-factor authentication (2FA) on your cryptocurrency exchange accounts. With 2FA enabled, you'll need to provide a second form of verification, such as a code generated by an authenticator app or sent to your phone, in addition to your password. This adds an extra layer of security to your accounts, making it more difficult for unauthorized individuals to access your funds even if they have your password.
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• Mar 06, 2022 · 3 years ago
  At BYDFi, we recommend using a hardware wallet to securely store your cryptocurrency passwords. Hardware wallets are physical devices that store your private keys offline, making them less susceptible to hacking or theft. While Face ID can provide an additional layer of security when accessing your hardware wallet, it's important to note that the primary security feature of a hardware wallet is its offline storage. Face ID should be seen as a convenient way to authenticate yourself, rather than the sole security measure.
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