Bitkey uses a smart security system that makes recovery simple and secure, replacing fragile, outdated backup tools like seed phrases.
Bitkey uses three keys that work together to protect your wallet:
- Mobile Key: Stored on your phone
- Hardware Key: Stored on your Bitkey device
- Server Key: Securely managed by Bitkey
Any transaction made using your Bitkey requires two of the three keys to authenticate it. You always control two keys — Mobile and Hardware — which means you have full control of your funds.
Recovery is the process of regaining access to your Bitkey wallet should you lose your mobile phone, your cloud backup, your hardware device - or if you lose two of these three. This is done by either restoring what was lost from a backup you keep in your cloud storage, or by replacing a lost key with a brand new one with a new device.