How can I confirm the recipient's phone number for digital currency transactions?

3 answers

• Mihajlo ZivkovicJun 02, 2022 · 3 years ago
  One way to confirm the recipient's phone number for digital currency transactions is to ask them to provide their phone number and then verify it through a phone call or SMS verification code. This can help ensure that you are sending funds to the correct person and minimize the risk of sending funds to the wrong recipient.
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• husgaldiniz8383Feb 11, 2024 · 2 years ago
  To confirm the recipient's phone number for digital currency transactions, you can use a trusted third-party service that specializes in phone number verification. These services often use advanced algorithms and databases to verify the authenticity of phone numbers, providing an extra layer of security for your transactions.
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• Eric YorkNov 04, 2021 · 4 years ago
  At BYDFi, we understand the importance of confirming the recipient's phone number for digital currency transactions. We have implemented a robust verification process that includes SMS verification codes and phone call confirmations. This ensures that our users can have peace of mind when sending funds to other users on our platform.
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