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RE: Guide on Steemit Savings Account, Everything you need to know about this Feature that Helps Secure your STEEM & STEEM DOLLAR
I don't understand how you then recover your account. Ok so you put your money into Savings. Someone gets your account information, and tries to take the money out, but you cancel the withdrawal... Then what? You can't take the money in your savings account out yourself b/c then the hacker will be able to spend it so all your money is locked up till one of you tires out?
You're Giving more time to sort things out! If a hacker has access to your account at least you know he won't be able to steal your Steem Power. With Steem and Steem dollar you immediately transfer the funds out of the account. If put them into a saving at least you have 3 day period to contact Steemit Developers to request recovery of your account. If you cancel the transaction, all the money goes back to you! Just extra security measure! You would have to recover your account and request help from Steemit Developers