FAQ – Official Olymp Trade Blog

Google Authenticator on Olymp Trade: Why and how to set it up – Official Olymp Trade Blog

Written by Olymp Trade Team | Nov 17, 2022

Account security on any website is always needed to some extent, but it’s especially critical for finance platforms. Even the strongest password can be broken and used by malicious actors to access services illegally and take advantage of a person’s personal data.

Top IT services strive to protect not only their own clients but all web users from malicious actors,  Google being one of them. Google Authenticator is one of the most popular security avenues for verifying user logins to their social media accounts, e-wallets, online games, and other services that hold sensitive data.

Contents:

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Additional context for the visuals.

Explanations and definitions of terms.

What is Google Authenticator?

Google Authenticator is an application that operates on Android, iOS and BlackBerry OS. It links to a mobile device and generates a one-time security code for accessing accounts or confirming other operations. This security measure is comparable with SMS confirmation.

It provides a high level of security and ease of use. Just like many other Google services, the authenticator is totally free to use.

Protecting an Olymp Trade account using Google Authenticator

It’s easy to protect your Olymp Trade account using Google Authenticator. To do it, just install the app and activate the two-factor authentication through your personal account on the platform. Below is a step-by-step guide on how to use this service.

Step 1

Log in to your account on the platform. Go to your profile and click on the Settings button.

Step 2

In Settings, go to the two-factor authentication menu and choose the Google Authenticator method.

Step 3

Open the Google Authenticator app on your phone and click on the plus sign at the bottom right. There are two ways to add a new account: either by entering a 16-digit code or by scanning a QR code.

Step 4

The application will generate a special code for you to enter on the platform. To complete the connection process, type it in and click Confirm.

If all goes well, you will see a “Success” message.

Getting started with Google Authenticator

You will be requested to enter the code generated by Google Authenticator every time you sign in to your account using your password.

In order to log in, simply open Google Authenticator and copy the six-digit combination of numbers listed for Olymp Trade.

Enter it and enjoy secure trading! 🔐

To the Platform

Risk warning: The contents of this article do not constitute investment advice, and you bear sole responsibility for your trading activity and/or trading results.