Two-factor authentication (2FA), sometimes referred to as two-step verification or double-factor authentication, is a security process in which you are required to provide two different factors of authentication to verify your identity. It can be as simple as a number to access your account, much like the number of a bank token.
Two-factor authentication or 2FA is very important to ensure that your Bitso funds are more secure. To protect your funds, we will add 2FA to your Bitso account.
But why should I use 2FA?
Strong authentication is necessary to improve the cybersecurity of accounts and online services like your Bitso account. The protection offered by passwords alone, without a 2FA process, is weak, because they can be guessed, spoofed, and once stolen, can be tested on many accounts until it works. 2FA adds an extra layer of security to the process of accessing your Bitso account. To turn on 2FA security on your Bitso account, you can download a two-step verification app on your phone on any of the app stores. We recommend "Google Authenticator" or "Authy".
To learn how to enable 2FA authentication, click on this link: