Two-factor authentication (2FA), sometimes called two-step verification or double-factor authentication, is a security process in which you must provide two different authentication factors 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 critical to ensure 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 access your Bitso account. To turn on 2FA security on your Bitso account, you can download a two-step verification app from any app store on your phone.