Security is always a top priority in the era of information technology development, especially in fields fraught with the risk of important information leaks such as cryptocurrency. Therefore, the use of two-factor verification is essential. Besides online security solutions such as Google Authenticator or Authy, users can also choose a more reliable security method, which is to use YubiKey - a physical security device manufactured by Yubico company. So what is YubiKey? Let's find out with Coin68 in the article below.
What is YubiKey? The security key replaces Google Authenticator
What is YubiKey?
YubiKey is a type of 2-layer authentication physical security key provided by Yubico, allowing users to have two-factor authentication (2FA) and passwordless verification, making account login convenient. while still ensuring security.
What is YubiKey?
YubiKey is an alternative solution when users do not want to use current online verification applications such as Google Authenticator, Authy, etc. Currently, YubiKey can be used with many different types of online accounts such as exchanges. transactions, banking, email, social networks,... And has cooperated with many leading technology giants such as Google, Amazon, Microsoft, X, Facebook,...
How YubiKey works
Similar to Google Authenticator or Authy, you can bind a YubiKey to your personal account by plugging the YubiKey into your device's USB port, then adding the YubiKey to the account's authentication method. In the following login times, you just need to plug YubiKey into your phone or computer and press the button, YubiKey will immediately automatically generate and send an OTP code to the host device to perform the account authentication process.
Pros and cons of YubiKey
Advantage
YubiKey has the following advantages:
- Enhanced security: YubiKey gives accounts an extra layer of security. Even if bad guys attack your account, they still can't log in without the YubiKey.
- Diversify choices: YubiKey helps users expand two-factor authentication options for users beyond Google Authenticator.
- Incident prevention: In case the user does not bring their personal phone or encounters a problem such as damage, loss of signal, or running out of battery, YubiKey will be the only choice to help them access their account.
- Versatile: YubiKey can be used with many different types of accounts and applications, including bank accounts, email, social networks and more.
- Using advanced security standards: YubiKey uses advanced security standards such as FIDO2, U2F (Universal 2nd Factor), TOTP,... These standards help YubiKey fight digital attacks .
- Small, convenient and durable: YubiKey has a very compact and lightweight design so it's easy to carry. In addition, YubiKey does not require batteries to operate and is highly durable, waterproof and shockproof.
Defect
In addition to the above advantages, YubiKey still has some disadvantages such as:
- Cost: YubiKey costs from 55 to 300 USD, depending on the model and included options. This may be expensive for some users.
- Compatibility: YubiKey is not supported by all online services. Some services only support two-factor authentication via mobile app or SMS.
- Usage: YubiKey requires users to carry the device with them to log in to accounts. This may cause inconvenience for some users.
How to set up YubiKey with Binance account
Step 1: Log in to your Binance account, then select Security .
Step 2: In the Authentication code section, click Manage .
Step 3: Select Add new authentication method .
Step 4: Select Security Key , then select Activate Yubikey .
Step 5: Plug the YubiKey into the USB port to activate, touch the button on the YubiKey body after it lights up.
Step 6: Name YubiKey and authenticate your account, so you have successfully set up YubiKey.
summary
Above is Coin68's article about YubiKey, a 2FA security device that replaces online two-factor authentication applications such as Google Authenticator or Authy. This is one of the best security products that helps users increase the security of their digital devices and the safety of their data.
