What is a multisig security?

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Multisig security technology, integrated by Bitso is a type of security for wallets that need 2 or more private keys in order to make a Bitcoin transfer. This technology provides a much higher security for safeguarding your bitcoins.


An example of how this technology protects your Bitcoins is: "An attacker obtains access to the Bitso website and wants to withdraw all the users’ Bitcoins. It simply could not do it since to make a transfer it needs all  private keys that are safeguarded in different locations"


You can recognize a multisig address by the number it starts with, the bitcoin addresses that do not integrate this security start with a “1” while the addresses integrating the multisig technology start with a “3”.

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