Traditional wallets often require users to manage complex passwords or seed phrases, which can be challenging and risky. Elysium’s Keyless Multi-Factor Algorithm (MFA) offers a solution, combining robust security with ease of use. Whether you are an experienced digital assets user or a newcomer, getting started with Elysium’s MFA is straightforward and intuitive.

Why Elysium? Unlike other wallets, Elysium combines cold storage security with the convenience of software access, ensuring your keys are never exposed to the internet or stored somewhere.

Before diving into the setup process, it is important to understand what sets Elysium’s MFA apart from traditional security methods. Unlike the typical single-factor authentication that relies on a password or seed phrase, Elysium employs multiple layers of security. This approach not only enhances protection but also offers flexibility, allowing users to choose their preferred authentication factors based on their needs and comfort level.

Key Features of Elysium’s MFA:

Passkeys: Use face recognition or fingerprint scanning for secure and convenient access. 

• Note: To enable passkeys which, right now, are essential for our multi-factor algorithm, your device must be updated to iOS 15.0 or later for Apple devices and Android 28 or higher for Android devices.

Passcodes/Passwords: Add an additional layer of security with custom passcodes or passwords.

Dynamic Key Generation: Elysium generates keys on-demand for each transaction, eliminating the need to store private keys and reducing the risk of theft.

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Now, let’s walk through the process of setting up your Elysium Wallet. 

Step 1: Download and Install the Elysium Wallet App

To begin, download the Elysium Wallet app from the Apple Store or Google Play.

Step 2: Create Your Elysium Account

Once the app is installed, open it and start the account creation process. The setup is guided, making it easy for even beginners to follow along. Choose a username and configure your profile.

Step 3: Select Your Authentication Factors

This is where Elysium’s security features shine. You can choose from a variety of authentication factors to secure your account:

• Passkey: Enable face recognition or fingerprint scanning for a quick and secure login.
• Passcodes: Choose a 6 digit code 
• Passwords: Choose a password of minimum 8 characters

You must choose at least two factors to set up your account, of which the passkey is always necessary. 

Example of combinations you can have:

• Passkey and passcode
• Passkey and password
• Passkey, passcode and password

By offering multiple layers of security, Elysium allows you to customize your protection level, ensuring your assets are secure whether you are an advanced user or a beginner.

Step 4: Start Using Elysium

Once your account is set up and your authentication factors are configured, you are ready to start using Elysium. Managing your digital assets has never been easier or more secure.

• Transaction Security: With dynamic key generation, each transaction is secured with a unique key, which is discarded after use, eliminating the risk of key theft.
• User-Friendly Experience: Elysium’s interface is designed for simplicity and ease of use, making it accessible to everyone, regardless of their experience level.

Why Elysium’s MFA Is the Future of Digital Security

Elysium’s Multi-Factor Algorithm not only enhances security but also offers a more user-friendly experience compared to traditional wallets. By eliminating the need for seed phrases and storing keys, Elysium simplifies the process while maintaining strong security. Whether you are storing Bitcoin or other digital assets, Elysium provides peace of mind with every transaction.

Ready to Secure Your Bitcoins? Download the Elysium Wallet app today and experience the future of wallet security.

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Download Elysium Wallet: Apple Store or Google Play

For more information about Elysium Lab, please visit www.Elysiumlab.io

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Contact Information for Elysium Press Relations, pr@elysiumlab.io

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