We now have basic Two Factor Authentication (2FA)

We’ve heard you loud and clear! Two Factor Authentication is a critical security aspect, particularly in the Bitcoin world. Your security is our top priority, so we’ve expedited the introduction 2FA into our platform. This is just basic two factor authentication, but we will continue to improve the use of two factor authentication in order to maximize your security.

Here is a basic walk-through of how to enable two factor authentication.

Start by logging into your profile and going to the Settings page. You will now see a check box for two factor authentication:


Click on the check box and click Update to submit the form. The page will reload and you will now be prompted with the two-factor authentication QR code. We use Google Authenticator for two factor authenticator, so you will have to download the app in order to be able to use 2FA. As a security measure, you must also verify your phone number in our Verification Center in order to guarantee that you have a backup option in case you don’t have access to Google Authenticator.

Note: you will not be able to use Two Factor Authentication unless you have verified your phone number!


After you’re presented with the QR code you need to scan it with the Google Authenticator app on your device. Once it’s scanned, you should see our URL https://bitlendingclub.com show up in your Google Authenticator with a 6 digit secret confirmation key which is refreshed every 30 seconds.


The next time you login you will still have to enter your password.


You will then be prompted to enter the secure code. Open your Google Authenticator and type in the secure code which is currently displayed by Google Authenticator. If you don’t have Google Authenticator, then you can send an SMS via the “Send sms” button. This will send the secure code to your mobile device via SMS.


There you have it! Two factor authentication with Google Authenticator or SMS! Now, be careful! We want to warn you that if you don’t have your Google Authenticator or you change your phone, then you’ll have a tough time getting into your account (to put it mildly).

And finally, a big Thank You from the entire BitLendingClub team. We appreciate your support and we look forward to delivering more high quality solutions to you and your friends!

2 thoughts on “We now have basic Two Factor Authentication (2FA)”

  1. Thankful to have this extra bit of security enabled.

    However, any chance we can have the option to enable 2FA just upon withdrawls?
    As I use the site more and more it’s going to be a minor inconvenience to have to keep digging out my phone to get the passcode.



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