Two-Factor Authentication is a security measure meant to protect your account from unauthorised access. Instead of only having a single password to verify that it is actually you who logs into the platform you get a second way of verifying yourself with two-factor authentication.
There are multiple Two-Factor Authentication apps on the market. Google's own Authenticator app is free for your Android, Blackberry or iOS device and can be found here.
Currently, Two Factor Authentication can be set up only on the Coinify Merchant Platform for Coinify Merchant accounts. If you have enabled it, when you try to make changes to your Business Profile and some other areas of your Merchant account, you will be asked to enter your Two-Factor Authentication code
It is strongly recommended that you enable Two-Factor Authentication for your Merchant account. In order to set it up:
Go to "Security Settings" within your account
Next, click "Two-factor authentication" and follow the instructions.