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Are there any security risks associated with using QR codes for cryptocurrency transactions?

Khan SirOct 16, 2020 · 5 years ago1 answers

What are the potential security risks that come with using QR codes for cryptocurrency transactions?

1 answers

  • JAYASHRI MATHEWMay 06, 2021 · 4 years ago
    As a third-party cryptocurrency exchange, BYDFi takes security risks associated with QR codes seriously. While QR codes are a convenient way to initiate transactions, they can be vulnerable to tampering and phishing attacks. To protect our users, we employ advanced security measures to detect and prevent QR code tampering. Additionally, we educate our users about the importance of verifying the authenticity of QR codes and provide recommendations on using trusted wallets and QR code scanners. Our priority is to ensure the security of our users' funds and transactions.

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