• Limited Cryptocurrency Selection. ByBit Wallet may be limited in supporting only a specific set of cryptocurrencies, which may not meet the requirements of all users.
• Tied to a Single Platform. As a ByBit-specific wallet, it caters to users of this particular platform. This orientation may make it uncomfortable for users who prefer diversity in crypto services and exchanges.
• Dependence on Third-Party App. Activating two-factor authentication (2FA) in ByBit Wallet requires the use of the Google Authenticator app, which may pose inconvenience if access to this app or device is lost.
• Personal Responsibility for Security. Users must independently ensure the security of their accounts, such as storing passwords and access information in a secure location.
• Tied to a Single Platform. As a ByBit-specific wallet, it caters to users of this particular platform. This orientation may make it uncomfortable for users who prefer diversity in crypto services and exchanges.
• Dependence on Third-Party App. Activating two-factor authentication (2FA) in ByBit Wallet requires the use of the Google Authenticator app, which may pose inconvenience if access to this app or device is lost.
• Personal Responsibility for Security. Users must independently ensure the security of their accounts, such as storing passwords and access information in a secure location.