What if you have noticed a suspicious Login?

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Coinbase is a secure online platform for buying, selling, transferring, and storing cryptocurrency. Coinbase offers the most complete services for digital asset ...

Coinbase is one of the well-established, trusted and prevalent trading platforms which aims to fulfill all crypto needs of every trader whether they are newcomers or active and seasoned ones. By looking at its prominence among traders and huge user base, we can determine that this platform is highly beneficial and has won the trust of crypto enthusiasts from all across the world. 

Well! This read is designed to aid you if you are experiencing any suspicious login or a security breach, what should you do in that case? Well! Your funds are at risk but still, we believe that every dark cloud has a silver lining so there is a chance that you can protect your funds if you can take a few needful actions as early as possible.

Protect your account from fraud and suspicious activity

The actions which you should take in order to prevent your login from fraud and malicious activity are as follows:

Lock your account: Whenever you experience something suspicious in your account such as any unrecognized fund transaction or asset purchase activity, the first thing you need to do is lock your account as soon as you notice. The actions to navigate for locking your account are given below.

  1. Perform the login.
  2. Open the “Account Settings”.
  3. Navigate to the “Security” tab further.
  4. Go to the link that says “See something unusual?”
  5. Tap on it and scroll to the “Lock your account” button.
  6. Provide confirmation by tapping on the “Yes, lock my account” after reviewing the “Are you sure?” notification.

Recover your account: Once your account is locked, you can recover it by resetting your password. To do this, you can open the login page, choose the “Forgot password?” link and reset your password. You can also do so by verifying your identity after making contact with customer support.

Report fraud: Make sure to report fraud as soon as you suspect any fraud to prevent yourself from being accountable for any further loss. To do this, follow as given below:

  1. Go to the Coinbase Charge page and tap on the link “I don't recognize the charge and have never heard of Coinbase".
  2. Fill out the asked details of a suspicious transaction and tap on the button labelled “Report This Transaction”.

Secure your account: After recovering your account, make sure to provide additional security by implementing the 2-factor authentication. This could be able to provide an extra layer of security to your account.

Closing Thoughts!

There is no doubt login is highly secured and the platform is encrypted with state-of-art security facets but as a digital platform, we can’t get assured that your account won’t suffer any breach ever. When it comes to the security of a digital platform, responsibility lands on the platform users, so if you are a Coinbase user and want to protect your account, you need to be extra careful and also you need to accomplish additional security practices to safeguard your account such as 2FA, password protection etc. However, in case you suspect any fraud, this read could help you out by assisting you in stitching it on time to save your nine.