What is two-factor authentication?

Summary

Two-factor authentication (2FA) adds an extra layer of protection to your Cryptonow account. In addition to your password, you’ll need a unique code from an authentication app on your smartphone. This makes it much harder for anyone else to access your account — even if they know your password.

Online security is at the core of Cryptonow. 2FA is one of the simplest and most effective ways to keep your account safe. By requiring both your password and a one-time code, it ensures that only you can log in, even if your login details were compromised somewhere else.

How it works

  1. When 2FA is enabled, the login process includes one additional step:

  2. Log in with your email and password.

  3. You’ll then be asked for a 6-digit code.

  4. This code is generated by an authentication app on your smartphone (e.g., Google Authenticator or Authy).

  5. The code changes every 30 seconds and can only be used once.

  6. Without both your password and the code, access to your account is not possible.


If you need help setting it up, learn more about how to activate two-factor authentication (2FA).

Why 2FA matters

  • Protects your account: Prevents unauthorized access, even if your password is leaked.

  • Reduces risks: Helps safeguard against phishing, malware, and credential theft.

  • Puts you in control: Only someone with both your password and your phone can log in.

Important information

  • The 2FA code is unique and generated locally on your phone — Cryptonow cannot access or recover it for you.

  • If you lose access to your authentication app, you’ll need to reset 2FA through Cryptonow Support after verifying your identity.

  • Make sure your phone’s time and date are set correctly to avoid code mismatches.

In short

Two-factor authentication makes your Cryptonow account significantly more secure. By combining your password with a time-based verification code, you’re taking one of the best steps to protect your assets.


© Copyright 2026 Cryptonow GmbH. All Rights Reserved.

Cryptonow GmbH, Marc-Aurel-Straße 10-12/15a, 1010 Vienna, Austria, provides the regulated service of exchanging crypto-assets for other crypto-assets and/or fiat currency as the principal counterparty to the client.

Cryptonow GmbH is licensed as a Crypto-Asset Service Provider (CASP) under Austrian law. Trading in crypto-assets involves substantial risk and may not be suitable for all investors. Prior to engaging in any transaction, investors should carefully assess their investment objectives, level of experience, and risk tolerance. The value of crypto-assets is highly volatile and may result in significant losses within a short period. Each crypto-asset possesses distinct characteristics, and investors should undertake thorough research and ensure they fully understand an asset before engaging in any trade. Past performance is not a reliable indicator of future results. This content qualifies as a marketing communication within the meaning of the Markets in Crypto-Assets Regulation (MiCAR), does not constitute an investment recommendation or financial advice, and investors must ensure they understand all associated risks, including the potential loss of the entire invested capital. Funds should not be invested if their loss cannot be financially sustained.