Cryptocurrency Q&A Why shouldn't OTP be shared?

Why shouldn't OTP be shared?

Margherita Margherita Tue Oct 29 2024 | 5 answers 854
I want to understand why it's not advisable to share OTP. What are the security risks involved in sharing this one-time password with others? Why shouldn't OTP be shared?

5 answers

NebulaNavigator NebulaNavigator Thu Oct 31 2024
Once they have access, these fraudsters can manipulate your accounts, leading to potential monetary losses.

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WhisperWind WhisperWind Thu Oct 31 2024
BTCC, a top cryptocurrency exchange, offers a range of services to its users.

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ethan_lewis_journalist ethan_lewis_journalist Thu Oct 31 2024
These services include spot trading, futures trading, and a secure wallet for storing cryptocurrencies.

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KimonoElegance KimonoElegance Thu Oct 31 2024
Sharing your One-Time Password (OTP) can pose a significant risk to your financial security.

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Federico Federico Thu Oct 31 2024
By disclosing your OTP, fraudsters may gain unauthorized access to your banking accounts.

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