What Does an Encrypted Password Do?

The BitPay Wallet encrypted password adds extra security to your device, protecting your wallet and funds. The password is required when sending or signing a multi-signature transaction, or accessing the encrypted wallet 12-word recovery phrase.

BitPay does not manage your encrypted password for your wallet. It is created and stored only on your device. The encrypted wallet password can be cleared on your device using your 12-word recovery phrase associated with the wallet key. If you don’t have the 12-word recovery phrase, we suggest trying any passwords you may have set in the past.

Before setting up the wallet encrypted password, confirm you've secured your 12-word recovery phrase.

1. Open the BitPay app
2. Select the Gear icon
3. Under Crypto Wallets & Keys, select the wallet key you want to back up
4. Select Backup
5. Write down your 12-word backup phrase and store it in a secure location.
   

To enable the wallet encrypted password, follow the instructions below.

1. Open the BitPay app
2. Select your wallet key
3. Select three dots in the top right and then Encrypt your Key
4. Create a strong password and store it in a secure location.