Security vs Two-Factor Authentication (2FA)

Security in cryptocurrency refers to the protective measures, practices, and systems used to safeguard digital assets, private keys, and personal information from theft, loss, unauthorized access, or malicious attacks through self-custody responsibility.

Security method requiring two different forms of verification to access an account—typically something you know (password) and something you have (phone, authenticator app, or hardware key)—providing critical protection against unauthorized access even if passwords are compromised. Also known as: 2FA.