What precautions should I take when changing my phone number on Coinbase to protect my cryptocurrency investments?

What steps should I follow to ensure the security of my cryptocurrency investments when changing my phone number on Coinbase?

1 answers
- When changing your phone number on Coinbase, it's crucial to follow these steps to safeguard your cryptocurrency investments. First, ensure that your new phone number is secure and not associated with any suspicious activity. Next, update your phone number on Coinbase's website or app directly, rather than clicking on any links or providing information through email or text messages. This helps prevent falling victim to phishing scams. Additionally, consider using a password manager to generate and store strong, unique passwords for your Coinbase account. Lastly, regularly review your account activity and enable two-factor authentication to add an extra layer of security.
Feb 27, 2022 · 3 years ago
Related Tags
Hot Questions
- 72
What are the tax implications of using cryptocurrency?
- 64
How can I minimize my tax liability when dealing with cryptocurrencies?
- 56
What are the advantages of using cryptocurrency for online transactions?
- 40
How can I buy Bitcoin with a credit card?
- 32
What are the best practices for reporting cryptocurrency on my taxes?
- 32
What are the best digital currencies to invest in right now?
- 27
How does cryptocurrency affect my tax return?
- 24
What is the future of blockchain technology?