What about those who do not have a second device to store their 2FA, does it mean they can't use same device install their 2fa?
They can but if they can have a second device for 2FA, it's better. My post is a reminder for people who can have two devices but carelessly login all things in only one device, including 2FA. Like if you have a computer, you can login your email, exchange account on it, and 2FA will be on your smartphone.
Imagine, if your computer is compromised, your fund won't be stolen because 2FA is on your phone which is not connected to your computer.
Same for if you lose your smart phone, nobody can steal your fund with only 2FA on that device.
Please I am only asking to know because I am planning of getting it installed in my phone but reading this gets me paused because I do only have a single device which is my smartphone and I don't have any money to further get another device.
Just don't login your email on your phone. Only login your email if you want to withdraw your fund from exchanges.
Let me explain it
- Usually exchange will ask for confirmation codes in 2FA and email when you submit a withdrawal request.
- If you don't login your email on that phone, you won't lose your fund even that smartphone is lost.
Always backup your 2FA code. You will need that code to recover your 2FA later.
Okay thank you i got your explanation clearly and i have leaned some great today.
usually i have a Personal Computer that I use currently so it won't be of that bad to me, but most at times i often use my smartphone reply some comments over here.
From what you said so far, I will logout my mail from Smartphone to safeguard my fund since my phone can get stolen anytime.