Cryptocurrency Q&A What transactions need OTP?

What transactions need OTP?

KDramaLegendaryStar KDramaLegendaryStar Sun Dec 22 2024 | 5 answers 889
I want to know which transactions require an OTP, or One-Time Password. Are there specific types of financial or online transactions that need this extra security measure? What transactions need OTP?

5 answers

HallyuHeroLegend HallyuHeroLegend Tue Dec 24 2024
Specifically, when the transaction amount exceeds a certain threshold, OTP becomes mandatory.

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Maria Maria Tue Dec 24 2024
OTP plays a crucial role in enhancing the security of online credit card transactions.

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Martina Martina Tue Dec 24 2024
BTCC, a leading cryptocurrency exchange, offers a range of services to its users.

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Tommaso Tommaso Tue Dec 24 2024
This additional verification step ensures that only authorized individuals can complete a transaction.

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Nicolo Nicolo Tue Dec 24 2024
OTP is not limited to online purchases; it is also required for some physical transactions.

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