how to lock coinbase wallet

To effectively lock your Coinbase wallet, enable 2-factor authentication, navigate to "Security & Privacy" settings, activate the "Advanced Security" feature, and toggle the "Lock wallet sending" option to "On."

Oct 31, 2024 at 07:55 pm

How to Lock Coinbase Wallet

1. Set Up 2-Factor Authentication (2FA)

Enable 2FA by going to your Coinbase account settings and selecting the "Security" tab.
Choose an authentication app like Google Authenticator or Authy.
Scan the QR code or manually enter the provided code into your authentication app.

2. Go to "Settings" and Select "Security & Privacy"

In your Coinbase account, click on your name in the top right corner and select "Settings."
Choose the "Security & Privacy" tab from the left menu.

3. Enable Advanced Security Button

Click on the "Advanced Security" button in the "Crypto Address Safety" section.

4. Lock Your Wallet

Toggle the "Lock wallet sending" switch to the "On" position.
Enter your Coinbase password and click "Lock sending."

5. Verify Your Email

Coinbase will send a verification email to your registered email address.
Follow the instructions in the email to verify your identity and complete the locking process.

6. Remove the Lock

To remove the lock on your Coinbase wallet, return to the "Advanced Security" settings.
Toggle the "Lock wallet sending" switch to the "Off" position.
Enter your Coinbase password and click "Unlock sending."
Again, verify your email by following the steps in the verification email that Coinbase will send to you.

7. Set a Withdrawal Threshold

You can also set a withdrawal threshold to limit the amount of assets that can be withdrawn from your wallet without additional confirmation.
In the "Advanced Security" settings, click "Edit" next to "Withdrawal Threshold."
Set the desired threshold amount and click "Save."

8. Monitor Account Activity

Regularly review your Coinbase account activity for any suspicious transactions or activity.
Use the security alerts feature to receive notifications about account changes and potential threats.

Benefits of Locking Your Coinbase Wallet:

Enhanced Security: The locked wallet feature prevents unauthorized withdrawals, even if your account is compromised.
Account Monitoring: Coinbase monitors activity on locked wallets and notifies you of any suspicious activity.
Increased Confidence: Locking your wallet gives you peace of mind and confidence that your assets are secure.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

VON

$0.0...04772

57.72%

Trade Now
CARV

$0.4756

34.56%

Trade Now
CKB

$0.0071

24.27%

Trade Now
MNT

$0.1651

22.87%

Trade Now
SHELL

$0.6063

21.68%

Trade Now
SAFE

$0.5488

18.16%

Trade Now

Latest Crypto News

Bitcoin Price Likely to Hit $81k Says Analyst While This Altcoin Rises 234x in Days
2025-02-28 09:15:33
Ripple's altcoin XRP falls 0.95% on February 27th, with weekly and monthly timeframes revealing a not-so-optimistic outlook.
2025-02-28 09:15:33
Ripple Releases Its 2025 Strategic Development Plans, Focusing on Enhanced Institutional DeFi and Lending
2025-02-28 09:15:33
Web3Bay Presale Soars Past $1.54M as Bitcoin Drops to $95,000
2025-02-28 09:10:33
Seeking high-growth cryptos in this market chaos? Bitcoin, XRP, and other cryptocurrencies tried to recover early Thursday
2025-02-28 09:10:33
Bitcoin (BTC) Exchange-Traded Funds (ETFs) Offering Staking Capabilities Could Significantly Boost Institutional Engagement
2025-02-28 09:10:33

Related knowledge

Does the Dogecoin wallet address support smart contracts?

Feb 27,2025 at 07:31pm

Does the Dogecoin Wallet Address Support Smart Contracts?Key Points:Dogecoin, fundamentally, does not support smart contracts in the same way as Ethereum or other platforms built with smart contract functionality at their core. This is due to its original design and underlying technology.While Dogecoin wallet addresses themselves don't inherently suppor...

What is the transfer speed of a Dogecoin wallet address?

Feb 27,2025 at 10:06pm

What is the Transfer Speed of a Dogecoin Wallet Address?Key Points:Dogecoin transaction speeds are significantly influenced by network congestion and transaction fees. Higher fees generally result in faster confirmation times.The speed isn't fixed; it fluctuates based on the number of pending transactions. Expect variability.Different Dogecoin wallets m...

Can a Dogecoin wallet address be bound to multiple devices?

Feb 27,2025 at 11:54pm

Can a Dogecoin Wallet Address Be Bound to Multiple Devices?Key Points:A Dogecoin wallet address itself is not "bound" to a device in the same way an email address might be linked to a specific computer. The address is simply a unique identifier on the Dogecoin blockchain.Access to the private keys associated with that address determines control over the...

How to bind a Dogecoin wallet address to a hardware wallet?

Feb 28,2025 at 01:54am

How to Bind a Dogecoin Wallet Address to a Hardware Wallet?Key Points:Understanding the distinction between a Dogecoin wallet and a Dogecoin wallet address.Choosing a compatible hardware wallet for Dogecoin.Generating a Dogecoin receiving address on your hardware wallet.Securely transferring Dogecoin from your existing wallet to your hardware wallet add...

Does the Dogecoin wallet address support multi-signature?

Feb 27,2025 at 06:54pm

Does the Dogecoin Wallet Address Support Multi-signature? A Deep Dive into Dogecoin Wallet Security and Multisig FunctionalityKey Points:Dogecoin wallet addresses themselves do not inherently support multi-signature functionality. The support for multisig depends entirely on the specific wallet software or service being used.Various third-party wallets ...

How to query the transaction records of a Dogecoin wallet address?

Feb 27,2025 at 10:54pm

How to Query the Transaction Records of a Dogecoin Wallet Address?Key Points:Dogecoin transaction records are publicly viewable on the Dogecoin blockchain.Multiple blockchain explorers offer user-friendly interfaces to search for Dogecoin transactions.Understanding Dogecoin addresses and transaction IDs is crucial for accurate searches.Different explore...