How To Set Up Luno Wallet Two-factor Authentication – There is always the need to protect our online transactions in whatever we do. This is more so important when it has to do with our Bitcoins. If your Luno bitcoin wallet is not well protected, you stand every chance of losing your bitcoin to fraudsters. This makes it very necessary for you to know this we are about to show you.
What then is two-factor authentication?
The Two-factor authentication is a system that is used to keep your account more secure by requiring both your password and your phone to login and make transactions. So, when you want to make any transaction or log into your account, you will be required to input your password and a code sent to your phone number.
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When you log in with two-factor authentication enabled, you will need to enter your password and a unique code generated on your mobile. This provides a second layer of protection on your account. Even if someone steals or guesses your password, they won’t be able to access your account without also having your phone.
How To Set Up Luno Wallet Two-factor Authentication
To do this, here is your guide.
- Sign in to your Luno account.
- Download the authenticator mobile application. You need to install either the Google Authenticatoror Authy application on your phone. See download links below this guide.
- Using your authenticator app, scan the QR codeat Luno. OR
- Copy your recovery codefrom Luno and paste it into your authenticator app.
- Your authenticator app should now display a six-digit one-time code.
- Enter this code at Luno to finish the setup.
- Two-factor authentication is now enabled!
- Google Authenticator for Android
- Google Authenticator for iOS
- Authy for Android
- Authy for iOS
- Blackberry users can navigate to m.google.com/authenticator (for Google Authenticator) or sign up for an Authy account to receive authentication codes over SMS.
- Microsoft phone users, please see here.
From now on, when you sign into Luno or do transactions, we’ll ask you for your 6-digit authentication code. Simply open your authenticator app to find the code.
If you ever lose or replace your phone, you can set up your authenticator app again with your recovery code, migrate your authenticator settings with Authy or, do an account recovery.