The cryptocurrency market continues to expand, drawing legitimate investors alongside bad actors seeking to exploit vulnerabilities. Protecting your digital assets requires proactive measures—here’s a comprehensive guide to fortify your account security.
1. Enable Google Two-Factor Authentication (2FA)
Google Authenticator adds an extra verification layer beyond passwords. Follow these steps:
- Bind 2FA via Google Authenticator.
- Critical: Also enable 2FA for your email provider (e.g., Gmail, ProtonMail).
- Disable Google Authenticator’s account sync for heightened security.
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2. Set a Fund Password
A separate Fund Password is required for withdrawals, ensuring funds remain secure even if login credentials are compromised.
- How to: Configure via Bybit’s Fund Password guide.
3. Leverage YubiKey Authentication
YubiKey hardware tokens provide phishing-resistant 2FA.
- Compatible with FIDO/U2F protocols.
- Setup guide here.
4. Implement Passkey Verification
Biometric passkeys (Face ID, Touch ID) streamline secure logins across devices while eliminating password risks.
- Learn more about FIDO passkey integration.
5. Activate Anti-Phishing Codes
Bybit’s Anti-Phishing Code embeds a unique identifier in official emails/SMS.
- Red flag: Missing or mismatched codes indicate phishing attempts.
- Tutorial: Setting up Anti-Phishing Codes.
6. Enable New Address Withdrawal Lock
Restricts new withdrawal addresses for 24 hours, preventing unauthorized transfers.
- Manage settings here.
7. Deactivate Account During Suspicious Activity
Immediately lock your account via the security page if hacking is suspected.
8. Verify Domains with Bybit Authenticity Check
Cross-check URLs/emails using Bybit’s verification tool.
9. Proactive Security Habits
Password Management
- Use 12+ character passwords mixing cases, symbols, and numbers.
- Avoid reused passwords across platforms.
Email Security
- Dedicate a secure email solely for crypto accounts.
Device Protection
- Install updates promptly.
- Use paid antivirus software (e.g., Malwarebytes, Norton).
Network Safety
- Avoid public WiFi; opt for VPNs or mobile hotspots.
Behavioral Best Practices
- Log out after sessions.
- Disable browser password saving.
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FAQs
Q: What if I lose my YubiKey?
A: Contact support immediately to unbind it and enable backup 2FA methods.
Q: How often should I change passwords?
A: Every 3–6 months, or after any security breach alert.
Q: Are biometric logins safer than passwords?
A: Yes—biometrics (Face ID) can’t be phished like text-based passwords.
Q: Can anti-phishing codes expire?
A: No, but update them annually or if compromised.
Final Tip: Bookmark official resources like Bybit’s Help Center for real-time updates on security features.