Multi-Factor Authentication (MFA) is a security measure that requires users to provide multiple forms of verification to access their accounts. It adds an extra layer of protection beyond just a password.In the context of cryptocurrencies, using MFA helps safeguard wallets and exchanges against unauthorized access. Typical methods include something you know (like a password), something you have (like a smartphone app that generates codes), or something you are (like a fingerprint).Implementing MFA significantly reduces the risk of account breaches. Even if a hacker obtains your password, they would still need the second factor to gain access. This makes it much harder for unauthorized users to steal funds or compromise accounts.Many platforms now encourage or require MFA, recognizing its importance in enhancing security. It is a smart practice to enable MFA wherever possible to protect your assets from potential threats.