What is anti-phishing code? How to set up anti-scam codes on Crypto exchanges

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What is anti-phishing code? Why do exchanges often remind and instruct carefully how to use this code? Find out more details in today's article.

Currently, there are many forms of user attacks in the crypto market. Equipping knowledge and using prevention tools is extremely necessary. Phishing attack is an attack method used by hackers quite often, and anti-phishing code is a tool to help users fight attacks in this way.

Core knowledge:

• Anti-phishing code is a layer of security code added to genuine emails/sms from exchanges, helping users distinguish from fake messages.
• The consequences of a phishing attack are huge, so use anti-phishing code.
• How to create anti-phishing code on exchanges Binance, Crypto.com, Gate.

What is anti-phishing code?

Anti-phishing code is a security feature provided by exchanges that allows users to add an extra layer of security to their accounts against fraudulent forms of exchanges. This feature is mainly used to prevent email phishing.

When the user activates the anti-phishing code, the system will use this code in all genuine emails from the exchanges sent to the user. From there, it will help users distinguish real emails and scam emails, helping users prevent phishing attacks.

Fake emails are often very similar to real emails, very difficult to distinguish and differ only in a few small details that make users confused and become victims of the attack. To disguise the most real, bad news often targets the following factors:

• Sender email address.
• Use brand image, logo, interface like the original.
• Use links containing confusing characters.
• Use link spoofing techniques to trick users (the text in the email is one link, but when you click it, it's another link).

A good example that has emerged is the bad guy spoofing the subdomain of the Binance exchange . Binance has an email with the domain name Binance.com, hackers create a subdomain impersonating the Binance Support email as xyz@support.binance.com to send emails, scam users.

To understand how to set up Anti-phishing code, you need to understand the nature of a phishing attack. So what is a phishing attack? Phishing attack is dangerous?

What is phishing attack?

Phishing attack , also known as phishing attack, is a form of attack that bad guys take advantage of, masquerading as reputable units to trick users into providing personal information or transferring money to them.

Hackers will often pretend to be banks, online transaction sites, exchanges, credit card companies to trick users into sharing sensitive information such as: login account & password, password transactions, credit cards and other valuable information.

Phishing attack is one of the biggest cybersecurity threats in the world. In crypto, there are 3 common types of attacks:

• Email Phishing: Spoofing emails from reputable people & organizations.
• URL redirection & URL Phishing: Fake domain name, website. Usually login pages to steal information.
• Voice Phishing: Phishing through automated dialog boxes or SMS.

If deceived by phishing attacks, users will enter important information such as account, password, passphrase ... and send it to the hacker, so there is a high possibility of losing money. The consequences of phishing attacks are very large, possibly the entire property, so be equipped with knowledge to protect your assets.

Why use Anti-phishing code?

Many people are too confident in 2FA (2-layer security with Google Authentication tools) so they are subjective to other forms of cyber security attacks. Remember, in the crypto market it's never too late to be careful.

As mentioned above, the bad guys can use a lot of tricks with the rate of real email up to 99%, just a second of neglecting the user can lose property.

The bigger the exchange, the more phishing attacks appear. The consequences of phishing attack are very large, exchanges also cannot support users to recover assets when phishing attack takes place, please be responsible for your own money.

The operation to set up anti-phishing code on exchanges is not too complicated, take a few minutes to initialize this security layer.

Instructions for creating anti-phishing code on crypto exchanges

Currently, there are a few exchanges that pay attention to supporting users with anti-phishing code.

Binance

To install anti-phishing code on Binance, users follow these steps:

Step 1: At the home page binance.com/en , select My Account → Security .

Step 2: In the Security section , select Anti-phishing code .

Step 3: Select Create Anti-phishing code.

Step 4: Enter the Anti-phishing code of 4 - 20 characters as you like, then select Submit .

Step 5: Enter the confirmation code sent to your phone/email, users can also choose to use the Google Authenticator code if set up. Then select Submit .

Step 6: After successful setup, the screen will display as follows. From setup onwards, official emails from Binance will include the line of code chosen by this user.

Binance encourages users to regularly change the Anti-phishing code to ensure optimal account security.

Steps to change the anti-phishing code:

Step 1: At the Binance homepage, select Security → Advanced Security , then select Change in the Anti-phishing code section.

Step 2: Select Change Anti-phishing code, enter the desired code, then select Confirm .

Step 3: Enter the confirmation code sent to your phone/email, users can also choose to use the Google Authenticator code if set up. Then select Submit . Thus, the step of changing the anti-phishing code has been completed.

Crypto.com

To setup Anti-phishing code on Crypto.com, users need to follow these steps:

Step 1: Log in to your Crypto.com account at https://crypto.com/exchange . Then under My Account , select Security .

Step 2: Before generating anti-phishing codes, users must set up two-factor authentication. Check the box for 2-Factor Authentication , then use 2FA applications such as Google Authenticator, Authy ... to scan the QR code.

Then enter the 6-digit verification code from Google Authenticator to confirm.

Step 3: In the Security section , select Anti-phishing → Create code.

Step 4: Enter the desired anti-phishing code, then continue to enter the 2-factor authentication code, then click Confirm Anti-phishing code to complete.

After successful setup, official emails from Crypto.com will include a line of code chosen by the user.

If you want to change the code for safety, just choose Settings → Security → Anti-phishing as in the previous steps, then choose Manage Code → Change to change the code.

Gate.io

To set up Anti-phishing code on Gate.io, users need to follow these steps:

Step 1: At the home page www.gate.io , select My Account → Security Verification .

Step 2: In the Password Management section , select Setup in the Anti-phishing code section.

Step 3: Enter the desired code and enter the withdrawal password when registering for a Gate account. Select OK .

Step 4: So you have completed creating anti-phishing code. After successful setup, official emails from Gate.io will include a line of code selected by the user.

If you want to change this code, just select Change , then enter the new code and withdrawal password.

summary

Anti-phishing code is an effective tool to help users prevent scams, fake images and emails of major exchanges. Do not hesitate to spend a few minutes to ensure the security of your account is better.