Important Security Update: Mandatory Transition to Google Authenticator
At Wealth99, the security of your account and your digital assets is our highest priority. We believe that true peace of mind comes from knowing your investments are protected by the most robust technology available.
To stay ahead of evolving global cyber threats and provide a world-class security experience, we are streamlining our authentication requirements. While Google Authenticator has long been our recommended primary method, starting May 1, 2026, it will become the mandatory 2FA method for all clients, and the option to use SMS will be discontinued.
How This Affects Your Account
Please identify your current setup to see what action you need to take before 1st May 2026:
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If you currently use SMS 2FA: To enhance your account's security and avoid any interruption to your service, please switch to Google Authenticator by enabling it in your account.
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If you have both SMS and Google Authenticator enabled: Please log in and ensure your Google Authenticator is still correctly linked and generating working codes. Once SMS is discontinued, you will rely solely on the app. If you require a 2FA reset, please contact our Support team.
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If you have no 2FA enabled: For your security, please set up Google Authenticator directly. We suggest skipping the SMS setup to ensure your account meets our updated standards in a single step.
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If you already use Google Authenticator exclusively: No further action is required. Your account is already using our highest security standard.
Secure Your Uninterrupted Access
To ensure your assets remain fully shielded during this transition, the following measures will apply from 1st May:
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Operational Restrictions: A temporary restriction on transactional activity, including fiat withdrawals, will apply if Google Authenticator is not active by May 1. Full account functionality will be restored as soon as setup is complete.
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Temporary Login Grace Period: If you have not transitioned by the deadline, you will still be able to log in using your existing SMS 2FA. However, this is a temporary measure designed solely to allow you to access your security settings and finalise your Google Authenticator setup. We recommend activating it now to avoid any additional security verification steps that may be required for post-deadline setups.
Frequently Asked Questions
What is 2FA?
Two-Factor Authentication (2FA) is a security process that requires two different forms of identification to access your account. By requiring a password plus a unique code generated on your device, 2FA ensures that even if someone discovers your password, they cannot enter your account without your phone.
Why the Change?
We are committed to providing you with the most secure environment possible. While SMS-based 2FA has been a reliable foundation, Google Authenticator offers a significant upgrade in account safety. By moving your security codes away from your SIM card and onto a dedicated, encrypted app on your phone, your assets remain shielded from sophisticated modern threats like phone porting and network intercepts, ensuring that even if your mobile number is compromised, your account remains secure.
What if I already have Google Authenticator linked, but usually use SMS?
Ensure your Google Authenticator is active by logging in with a code today. If you have changed phones, lost access to your codes, or if your codes are no longer working, you must re-link your account before 1st May. Contact our support team if you need us to reset your 2FA access.
What is Google Authenticator?
Google Authenticator is a secure app that uses a Time-based One-Time Password (TOTP) system. Unlike SMS, which relies on mobile networks, this app generates a unique 6-digit code directly on your smartphone.
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Dynamic Protection: For your safety, codes refresh every 30 seconds. You will see a different code each time you use the app.
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Offline Access: Codes are generated locally on your device. You do not need a mobile signal or internet connection to receive your code.
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Enhanced Security: This method ensures that even if your phone number is compromised, your Wealth99 account remains secure.
How it Works in Your Daily Experience
Once enabled, your Google Authenticator codes will be required for:
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Every Login: Adding a vital second layer of security.
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Fiat Withdrawals: Ensuring that only you can authorise the movement of your funds.
- API Keys: When creating API keys to link your account with a crypto tax platform, ensuring that you are the one approving and controlling this connection.
How to Set Up Your Enhanced Security
We recommend setting this up today so you can continue enjoying uninterrupted service. Click here for detailed, step-by-step instructions on how to activate it.
Pro-Tip: Save Your Backup Codes. During setup, you will receive Backup Recovery Codes. Think of these as your "spare keys." Store them in a safe, physical location. If you ever lose your phone, these codes allow you to regain access to your account.
Have questions or need help?
If you need help identifying your current 2FA settings, setting up the app, or resetting your 2FA access, please reach out to our Support Team here. For broader questions about this transition, your Wealth99 Specialist remains available to assist you.