As you may have noticed, alongside PayPal payouts, we had introduced Bitcoin (BTC) as a payout method. Considering that PayPal is not available in every country, Bitcoin payouts is a solution we came up with to remove this limitation, as Bitcoins work without any borders, just like Honeygain!
With the introduction of Bitcoin payouts, we had also amped up the security measures during payouts to avoid any unauthorized payout requests that may occur. The solution we had implemented is the widely used and incredibly safe two-factor authentication (2FA).
Due to this, every time you request a payout (be it Bitcoin or PayPal), you will be sent a verification code to your email address (the same email address that you had used for registration to Honeygain) to confirm the payout request and thus, avoiding possibilities of unauthorized payouts.
Even though we had implemented a 2FA security measure, we still recommend using a strong and safe password for your Honeygain and email account, as well as not sharing your credentials with anyone and not providing your password for any third-party unofficial Dashboards, as well as changing your passwords frequently. Another useful tip would be not to reuse the same passwords for different services.
For general information regarding payouts and how to receive them, please refer to this article.