Two-factor Authentication: Significance 2FA adds an extra layer of security to your exchange platform. Cyber-criminals indulge in various social engineering activities and can hack your users’ IDs and passwords with the help of the internet. However, 2FA prevents cyber-criminals from accessing your users’ accounts, thus providing appropriate measures to safeguard their accounts. A traditional example of 2FA Two-factor authentication has been in practice for a long time. For example, a bank locker – if you want to operate your bank locker, one key is held with you and another is with the bank. Both the keys (with you and your bank) are required for you to access the valuables in your account. Working of Two-factor authentication The working is not that complicated, as it may sound. User ID and password will remain the same while signing in to the best white label crypto exchange or a customized crypto exchange, but o...