Trading password. Why is this important?
What is it?
Trading password provides an added level of protection to prevent unauthorized trades from taking place if your login ID and password have been compromised. If you set a trading password you will be required to enter it each time you place an order.
Should I set my trading password?
This is an optional feature, but it is intended to better protect your account from unauthorized access. Using trading password you protect your funds from being managed by hackers trying to take advantage of your account.
We recommend that our users use all levels of Bitniex Account protection:
- Creating a complex password;
- Two factor authentication;
- Trading password;
- KYC verification.
How?
To set a trading password for your Bitniex Account, please follow the instructions.
First you need to go to the official website of our exchange:
To do this, click “Log in” in the upper-right corner and enter your account information. Use a verification code to log in if you have an authenticator enabled.
You will see a web page with your account settings. On the left, select “Security Settings”. You will see 4 ways to protect your account: password, email, Google Authenticator code and Trading password. Tap “Set”:
Create a password that you don’t use on other websites. Enter it and confirm by clicking “Submit”:
Do you want to change your trading password? Tap “Change” and enter the old trading password, then confirm the new one by clicking “Submit”:
Congratulations, you have successfully secured your Account!
Need help? Contact Us (Support Service) : [email protected]