Friday, March 15, 2019

How to actiavte the Cloud backup With Coinbase?

Now, Coinbase users are soon going to be able to for creating the backup of their private keys with their personal cloud storage like Apple’s i Cloud. 

The news was announced by the San Francisco-based cryptocurrency exchange expressing that if a user forgets their private keys or lose devices, they can use the new feature to get back phrase of 12 words to avoid losing of their funds. 

A user will only need to remember a password to recover their funds, so with cloud storage, one can create the backup of their private keys. However, passphrases will need to be stored manually after the cloud backup service activation.

Here, are the few simple steps that one may follow to create the cloud backup activation:

  • While updating your Coinbase Wallet with the latest version, a user will start receiving notifications to receive the backup for private keys.
  • One may also enroll for the cloud backup at any moment with the access of the “Setting Menu” where one can click on the “Recovery Phrase.”
  • A user wills also soon going to receive periodic notifications for reminding the user to create the backup of recovery phrase to the cloud.
  • Foe restoring wallet on your new device, a user will need to enter the password used for creating a backup. Here, a user phone number must be logged in with the same Google account.
  • If you are having multiple walllets, you also have the options to have support for multiple walllets, so you can easily switch between multiple accounts.

This feature of creating cloud backup is soon going to be launched with the exchange platform. However, if you want to acquire more information, you can easily dial coinbase phone number to know everything about this now feature to be introduced.

2 comments:

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