How does Coinbase check if my password was exposed? Instead, when you sign into your account, our system verifies it’s you by the stored hash that returns in our system. Therefore, no one-including Coinbase-can decrypt your stored hash to figure out the underlying password. This means that your password is stored as a random string of information which makes it hard to figure out. When you create a Coinbase account, we use an algorithm called bcrypt to turn your plaintext password into a hash that’s unique to your account. How is my password protected on Coinbase? Learn more about how to make your account more secure. Go to your security settings to upgrade the 2-step method on your Coinbase account. Use a strong 2-step verification method like a hardware security key or a Google Authenticator (TOTP). We also recommend using a trusted password manager like 1Password, or Dashlane to easily generate and securely store unique passwords for all of your online accounts. Run a malware scan on your computer using a reputable tool like Malwarebytes, which provides this service for free.Ĭhange your password on other websites, especially if you use the same password in multiple places.
We strongly recommend that you immediately: Inadvertently installing keystroke-logging malware on your computer. Reusing the same password across multiple websites.Įntering your credentials into a phishing website. While we can't always tell exactly how an attacker got your password, it's typically due to one of the following reasons: This gives you the opportunity to change your password before your information can be used against you. To ensure the safety of your account, Coinbase will notify you to change your password if we find that your password may have been exposed through data breaches from other websites. This includes checking the dark web for signs that a third party may have compromised your Coinbase account sign-in credentials. The Coinbase Security team takes numerous safety precautions to secure your account.
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