What is the use of Huobi Wallet security password
As a decentralized multi-chain digital asset storage and management tool, Huobi
As a decentralized multi-chain digital asset storage and management tool, Huobi Wallet does not require a password to be used during transactions.
After users create their own accounts, a securely audited hardware encryption program automatically generates a folder containing private keys to store users’ fund information (such as mnemonic phrases and SMS). This allows anyone to view users’ account balances and addresses. If someone wants to access this backup data or other personal information, they must sign with the mnemonic phrases to add it to the blockchain.
Huobi Wallet’s security module is powerful and easy to understand: In order to ensure the security of users’ cryptocurrency assets, Huobi Wallet has also launched a “dual authentication” service – multiple anti-phishing attacks to protect user assets.
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