Onboarding (Email + MPC)
Operator & jurisdiction: BASIS is operated by BASIS DIGITAL INFRASTRUCTURE LTD, a Seychelles-incorporated entity (LEI: 254900IX2F2KCWNSSS64).
Currency convention: All dashboard values are displayed in USDT as an internal accounting and reference unit only. Deposits and withdrawals are conducted in native assets only: BTC, ETH, SOL, and PAXG. See Risk Disclosure.
BASIS keeps onboarding fast without relaxing account security.
Instead of a username/password account, BASIS uses email code login with an MPC (Multi-Party Computation) model via Privy™.
2) What MPC means in practice
Most accounts and wallets depend on one secret such as a password, private key, or seed phrase. If that secret is exposed, the account may be compromised.
MPC reduces that single-secret failure mode by:
splitting sensitive authentication material into multiple encrypted shares
storing those shares across independent security boundaries
requiring multiple shares to reconstruct an authorization operation
What this does not mean
MPC does not eliminate phishing risk
MPC does not make you immune to malware
MPC does not guarantee asset safety if an external service fails
MPC reduces one specific class of risk: single-secret compromise.
This security model aligns with BASIS system design principles: deterministic execution, math-constrained operations, and state-machine risk controls.
4) Troubleshooting login
If you do not receive the 6-digit code:
check your spam or junk folder
wait a few minutes in case of delivery delay
confirm you entered the email address correctly
request a new code
If issues persist, contact [email protected].
Next step: read Wallet Model (Funding vs Staking) so you understand where native token deposits arrive, how stTokens are used, and how rewards accumulate in real time.
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