Two-step verification (2FA) is an effective functionality in addition to password security. It basically adds a second layer of protection by requiring you to add the information only you know/have at the moment. 2FA is gaining more popularity each day due to how secure and simple this verification method is.
Fancentro uses SMS verification. It is arguably one of the most popular forms of 2FA as it is tied to a personal cellphone, something everyone has in this day and age.
When a user logs in, a verification code is sent to her(is) phone as an SMS message. The user then types the code into the login form and successfully gains access to the account.
The biggest advantage of SMS verification is its simplicity as the process only takes a few seconds, it is a simple way to prevent password breaches for good.
You can enable 2FA in Settings from your admin area: