An Anti-Phishing Code is a security feature used by cryptocurrency exchanges, wallets, or platforms to help users verify the authenticity of communications they receive, particularly via email. It helps protect users from phishing attacks, where malicious actors attempt to steal personal information or funds by impersonating legitimate services.
Phishing attacks involve fraudulent emails that look like they come from a legitimate source but actually lead to malicious websites designed to steal login credentials or personal information. An Anti-Phishing Code helps users quickly identify if an email is genuine or fake.
Cryptocurrency users are frequent targets of phishing attacks due to the irreversible nature of crypto transactions. Once funds are sent to a scammer, they are almost impossible to recover. Anti-Phishing Codes serve as a simple but effective way to reduce the chances of falling victim to these attacks, helping users protect their funds and personal information.
To create an Anti-Phishing Code, users set up a unique personal code (usually a series of letters and numbers) within their account settings on a cryptocurrency platform (e.g., an exchange or wallet provider). Once set up, any legitimate email or communication from the platform to the user will include this Anti-Phishing Code, usually at the top of the email.
The user can verify the authenticity of the email by checking that the Anti-Phishing Code is correctly included. If the email lacks this code or includes the wrong code, it could indicate a phishing attempt, and the user should avoid interacting with any links or attachments in that message.
Here is how to create an Anti-Phishing Code for emails from Crypto.com.
