Damex
Glossary

What is 2FA

2FA is an extra layer of security that requires not only a password and username but also something that only the user has on them. It can include physical tokens, mobile phones, or biometric data. In simpler words, it’s extra security that needs something you know (like a password) and something you have (like your phone). 2FA makes it harder for others to access your accounts.

Does Damex App supports 2FA?

Yes, it supports and integrates with your Phone’s 2FA such as FaceID

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Related terms (by category)

Tokenization

The process of converting rights to an asset into a digital token on a blockchain.

Related terms (by alphabet)

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Accessing corporate bank accounts has become more and more difficult over recent years, particularly for companies deemed to be medium or high risk.

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Damex offers three alternative custody solutions.

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