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How do I password protect my wallet?

There are two types of wallets in MultiBit Classic. They are:

  • Non password protected wallets.
  • Password protected wallets.

Password protected wallets are much more secure than non password protected ones. It is recommended that you password protect all MultiBit Classic wallets.

You can add a password to a wallet using the 'File | Add Password' menu option.

MultiBit recommends using a password manager like LastPass or KeePass to generate a one-off password with at least 14 random characters.

Do not lose the password that you use for a wallet!

You need your password to spend your bitcoin. There is no way to recover your password if you lose it.

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