2FA for Better Protection of Bit Trade Accounts

News/Global News/2FA for Better Protection of Bit Trade Accounts
10.09.2018 16:27
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In order to provide the Bitbon System Users with the most secure conditions of Bitbon storage and management on the Bit Trade Exchange of Digital Assets, on September 10, 2018, our specialists have conducted the scheduled update. Now, each User has an opportunity to log in to his/her Bit Trade account using the two-factor authentication (2FA) method. This mechanism will ensure a high level of protection of the Bit Trade account from unauthorized access by third parties. In order to log in to your Bit Trade account using 2FA, in addition to login details (Email or phone number and password), you will have to specify a temporary confirmation code, which is generated by the mobile Google Authenticator app and is valid for 30 seconds.

You can turn on two-factor authentication on the “Security Settings” page in the “My Profile” section. On this page, you will be asked to install the app on your mobile device and connect your Bit Trade account to the Google Authenticator app following the step-by-step instructions. Please note that you can install the Google Authenticator app on your smartphone for free via Play Market and App Store. In the future, use this app on your smartphone in order to receive a temporary code each time you log in to your Bit Trade account with the enabled 2FA function. For more detailed information on two-factor authentication, go to the “FAQs” section on the Bit Trade website.

We also remind you that the Company’s specialists have developed the BTSC (Bitbon Transfer Security Code), which ensures additional security for your Bitbon transfers. Using a personal BTSC when transferring Bitbons will exclude the possibility of illegal access to Bitbons in your Assetboxes.

In addition, we also inform you that the useful information in the “FAQs” section on the Bit Trade website has become more structured as questions and answers were grouped under thematic categories. It has become easier to find information on the subjects related to the services of the Exchange of Digital Assets.

We believe that the added two-factor authentication mechanism will ensure the highest level of protection of your Bit Trade account as well as of your assets and personal information.