Are there any reliable services that use phone numbers to verify identity in the world of cryptocurrencies?

3 answers

• Leonardo CamposJan 21, 2024 · 2 years ago
  Yes, there are several reliable services in the world of cryptocurrencies that use phone numbers for identity verification. These services require users to provide their phone numbers during the registration process. The phone numbers are then used to send verification codes or make automated calls to confirm the user's identity. This additional layer of security helps prevent fraud and unauthorized access to user accounts.
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• maedehJun 17, 2021 · 4 years ago
  Absolutely! Many reputable cryptocurrency exchanges and platforms use phone numbers as part of their identity verification process. By linking a phone number to a user's account, these services can add an extra layer of security and prevent unauthorized access. Phone number verification is a common practice in the industry and is considered to be an effective way to verify the identity of users.
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• nida nafilaNov 22, 2023 · 2 years ago
  Yes, there are reliable services that use phone numbers for identity verification in the world of cryptocurrencies. For example, BYDFi, a popular cryptocurrency exchange, utilizes phone numbers as part of its verification process. When users sign up for an account, they are required to provide their phone numbers. BYDFi then sends a verification code to the provided phone number, which users must enter to complete the verification process. This helps ensure the security and integrity of user accounts on the platform.
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