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RE: Your Bitcoin, ETH, STEEM, and other Crypto are NOT stored securely.
Great article but how does one access their coins using Bitfi. Could you explain that?
Great article but how does one access their coins using Bitfi. Could you explain that?
You access it with a phrase that you can choose. Then you must pass a second layer by creating your own salt (password). You create each of these as per your will; this allows you to create something memorable.
The main difference between this technology and a cold wallet is that, without the phrases you have memorized, the key never becomes accessible to anyone that breaches the wallet.