If there is one thing people should have learned from the Bitfinex hack, it is that security remains of the utmost importance. While users can’t do much about platform security beyond their control they should take appropriate steps to protect their own account. The new Microsoft Authenticator, which is now available on Android devices, may start making its way to Bitcoin exchanges soon.
There us nothing worse for Bitcoin users to have funds stolen from their account due to their own errors. Protecting an account with just a password is no longer sufficient. For some reason, two-factor authentication is not as common as it should be. That is rather worrisome, considering there are plenty of solutions available.
One of those new solutions comes in the form of Microsoft Authenticator. Albeit this product has been available to Windows users for quite some time now, Microsoft released an Android version not too long ago. Since most Bitcoin users rely on their mobile device for 2FA, this is another option worth considering.
Microsoft Authenticator Is A Welcome Alternative
What is even more appealing is how Microsoft Authenticator offers support for wearables as well. Those few people who use their smartwatch on a regular