Two Factor Authentication

Enabling two-factor authentication (2FA) increases the security of your Bitniex Account, as well as coins/tokens stored on It. This method of account protection is called two-factor protection, because it is the second security barrier after the password to log in to the account. This really increases your security, because in addition to the username and password, the attacker will need to enter a 2FA-code.

In the event of a hacking attempt, an attacker can reset your password through your e-mail address that you specified during registration, if it was hacked. However, even if the attacker has a username and password from your Bitniex account, an attempt to hack your account using two-factor authentication will be unsuccessful.

This video is an example of using Google Authenticator for Google Account:

How to set up 2FA

e-mail

bitniex.com
To use this instruction, you must first log into your account.

What is a backup code?

Backup code — a backup code for logging in to your account in case of loss of your electronic key.

What you need to know:

• The backup code is only valid once;
• A new set of 10 codes can be generated at any time. After that, the old codes will stop working.

Usage instructions

The backup code can be available as a set of characters that you can copy from the app during installation, or as a QR code.

For example:

Prevention of loss

We do not recommend storing the backup code on your computer. It is best to print it out along with the QR code to use it at the right time. This will prevent hackers from stealing the backup code by gaining access to the PC.

However, if you still decide to save your backup code on your computer (which can be very unsafe), then here are instructions for restoring it:

Search your computer for Backup-codes-imya_polzovatelya.txt by putting your username. For example, a user named google 123 needs to enter Backup-codes-google123 in the search bar.txt. Please note that the codes must be downloaded to your computer in order to be found in this way.

This way you can restore access to your Google account.

Note

We kindly remind you that our support team will never ask for your backup code or password. Please do not pass your backup code to third parties for the security of your account and your funds.

How to store backup code

The backup code will help you restore access to your account if you lose access to the auxiliary login device.

Storing backup code on PC is unsafe. Print a QR code and keep it in a safe place.