- User ID and Account password (to log-in to Web Wallet, Membership of Mobile Wallet)
- Spending password to send/transfer/stake/add token etc.
The reason we have two separate passwords is to increase the level of security for users. If there is only one password (1. User ID and Account password), the assets inside the wallet can be stolen if a third-party has access to the user's email. Because we require two separate passwords, such situations can be avoided.