Available on the Crypto.com mobile app, the implementation of 2FA provides its app users with an additional layer of security providing options to enable 2FA for sending and withdrawal of crypto, as well as wallet address whitelisting.
Additionally, users’ 2FA tokens will automatically sync to any new device they authorize; and, if a device is lost, stolen, or retired, users can deauthorize it from any authorized device.
The platform has also secured coverage for up to US$100 million in insurance for digital assets in cold storage from a global leader in protecting customers’ assets to safeguard against theft or direct loss. On that note, 100% of its customer’s digital assets are stored in cold storage.