How does enhanced call verification enhance security for cryptocurrency transactions?

1 answers

• Ankit AntilMar 14, 2022 · 3 years ago
  At BYDFi, we understand the importance of security in cryptocurrency transactions. That's why we have implemented enhanced call verification as a security measure. Enhanced call verification adds an extra layer of protection by requiring users to verify their identity through a phone call before completing a transaction. This helps prevent unauthorized access to accounts and reduces the risk of fraudulent transactions. By confirming the user's identity through a phone call, we ensure that only the account owner can initiate transactions, making it more difficult for hackers to compromise the account. Additionally, the phone call verification process can detect and prevent SIM swapping attacks, further enhancing the security of our users' transactions. With enhanced call verification, our users can have peace of mind knowing that their transactions are secure and protected from unauthorized access.
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