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How I Hack 10BTC In 10mins2-Step Verification Methods 2-Step Verification is required to access and perform certain activities on all Coinbase Accounts. Three forms of authentication. It is also known as 2FA or multi-factor authentication. Expand the section that describes what you're experiencing with your 2-step verification method. You. Coinbase's two-factor authentication (2FA) is a widely used security measure that provides an extra layer of protection against unauthorized.