How To Enable Luno Two Factor Authentication

Luno is a cryptocurrency exchange platform that allows users to buy, sell, and store digital currencies. To ensure the safety of user accounts, Luno has implemented two-factor authentication (2FA) as an added security measure. In this tutorial, we will guide you on how to enable Luno two-factor authentication.

Step 1: Log in to your Luno account

To enable two-factor authentication on Luno, you need to have an existing account. Log in to your account using your email and password. If you don’t have an account, sign up for one.

Step 2: Go to Security Settings

After logging in, go to your account’s Security Settings. You can find this by clicking on your profile icon and selecting Security from the dropdown menu.

Step 3: Enable Two-Factor Authentication

Under Security Settings, click on Two-Factor Authentication. You will be asked to enter your password again. After that, select the type of 2FA you want to enable. Luno offers two options: Google Authenticator and SMS.

Step 4: Set Up Google Authenticator or SMS

If you choose Google Authenticator, you will need to download the app on your phone and scan the QR code provided by Luno. The app will generate a unique code every 30 seconds that you will need to enter when logging in to your Luno account. If you choose SMS, you will receive a verification code via text message every time you log in to your Luno account.

Step 5: Verify Your Two-Factor Authentication

After setting up your preferred 2FA method, Luno will ask you to verify it. Enter the code generated by Google Authenticator or the code sent to your phone via SMS.

Step 6: Save Your Settings

After verifying your 2FA, click on Save to activate it. You will now be required to enter your 2FA code every time you log in to your Luno account.

Frequently Asked Questions (FAQs)

What if I lose my phone or can’t access Google Authenticator?

If you lose your phone or can’t access Google Authenticator, you can still log in to your Luno account using SMS verification. You can also contact Luno’s support team to disable 2FA temporarily.

Can I use a different 2FA app instead of Google Authenticator?

Currently, Luno only supports Google Authenticator as a 2FA app. However, they are working on integrating other authenticator apps in the future.

Can I disable 2FA after enabling it?

Yes, you can disable 2FA after enabling it. However, Luno strongly recommends keeping 2FA enabled for added account security.

Do I need to enter my 2FA code every time I make a transaction on Luno?

No, you only need to enter your 2FA code when logging in to your Luno account. Transactions on Luno don’t require 2FA verification.

Is SMS verification secure?

While SMS verification is a convenient option, it’s not as secure as Google Authenticator. SMS messages can be intercepted by hackers, so it’s best to use Google Authenticator if possible.

Google AuthenticatorSMS
More secureLess secure
Requires app downloadNo app download required
Generates unique codes every 30 secondsVerification code sent via text message

Enabling two-factor authentication on Luno is a simple but essential step in securing your cryptocurrency investments. By following these steps, you can ensure that your Luno account is safe from unauthorized access.

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