What Two-Factor Authentication Does
Two-factor authentication (2FA, also called MFA) requires a second proof of identity — a rotating code from an authenticator app — in addition to your email sign-in. Even if someone reaches your inbox, they can't act on your account without that code.
Required for bank transfers
You can borrow USDC to a crypto wallet without 2FA, but receiving a loan as a fiat (ACH) bank transfer requires it. Setting it up early avoids a delay later.
How to Set It Up
- Open your authenticator app (such as Google Authenticator, Authy, or 1Password).
- Scan the QR code shown in your security settings.
- Enter the 6-digit code your app generates to confirm.
Authenticator app
Scan the QR code in your authenticator, then enter the code
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Two-factor authentication is required to receive a loan as a bank (ACH) transfer.
Enable two-factor authentication→
Keep Your Backup Safe
Save your recovery option
Store your authenticator backup or recovery codes somewhere safe. If you lose your phone without a backup, you may be locked out of 2FA-gated actions until you re-verify.
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