What is Two-factor authentication?

Follow

whatis2fa.jpg

 

Since you are using your NAGA credentials for so many NAGA services, you should always make sure that your account is as secure as possible. One way to accomplish that is by adding an additional layer of security to your account, called Two-factor-authentication.
Two-factor-authentication, also known as 2FA or 2-step verification, is an additional security layer for your NAGA account. With Two-factor-authentication enabled on your NAGA account, you have to provide your first "factor" (password) and your second "factor" (2FA-code) when you are signing in to your NAGA account.

YOUR DEVICE

Two-factor-authentication codes are synchronized with a specific device, such as your smartphone, your PC or your phone number. Two-factor-authentication codes can be generated with different methods. The most secure method is called TOTP.

TOTP

Time-based-One-Time Password (TOTP) is the most secure method. TOTP is an algorithm that generates a random code, based on the current time and secret key which is only known to you and the online service. It is completely safe to share this secret key as there is no communication over the internet.

QR CODE

You will be presented with a QR code, which can be scanned as the secret key with your mobile device. There are different providers which allow you to generate TOTP codes using your mobile device or computer.

AUTHENTICATOR

The most well-known authenticator app is Google Authenticator, which is also recommended by NAGA. Of course, you are free to use any authenticator of your choice. 

 

Google Authenticator Duo Mobile Authy
Google Authenticator generates 2-Step Verification codes on your phone. 

Features:
- Generate verification codes without a data connection
- Google Authenticator works with many providers & accounts
- Support for Android Wear
- Dark theme available
- Automatic setup via QR code
Install Google Authenticator: unnamed.png

 


 

If you need further assistance, please do not hesitate to contact our staff.

1055095-512.png    Did you know? 

With the NAGA Coin, NAGA aims to establish the world’s first crypto-gateway to trade stocks, CFDs, ETFs, and any other sort of financial instruments and virtual goods on a global scale in a secure and transparent way with NAGA Markets and NAGA Trader. NAGA shall become the trading platform for any financial or virtual product of the future. It’s time for you to be able to buy any stock or game item with your NAGA Coins or other cryptocurrencies, let a personalized and unique robo-advisor, called CYBO, invest for you, and build your financial wealth with full transparency and efficiency with low or no transaction costs.
0 out of 0 found this helpful

Comments

0 comments

Please sign in to leave a comment.