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How to receive SMS codes for cryptocurrency transactions?

avatarGorman WrennNov 23, 2021 · 3 years ago3 answers

What are the methods to receive SMS codes for cryptocurrency transactions?

How to receive SMS codes for cryptocurrency transactions?

3 answers

  • avatarNov 23, 2021 · 3 years ago
    One common method to receive SMS codes for cryptocurrency transactions is to enable two-factor authentication (2FA) on your cryptocurrency exchange account. This usually involves linking your phone number to your account, and whenever you initiate a transaction, a unique SMS code will be sent to your phone. You'll need to enter this code to complete the transaction. It adds an extra layer of security to your account and helps protect against unauthorized access or fraudulent transactions. Make sure to keep your phone number updated and secure to ensure the effectiveness of this method.
  • avatarNov 23, 2021 · 3 years ago
    Another way to receive SMS codes for cryptocurrency transactions is through third-party services that provide SMS verification. These services act as intermediaries between you and the cryptocurrency exchange, and they handle the SMS verification process. You'll need to sign up for their service and link your phone number to their platform. When you initiate a transaction, the SMS code will be sent to their platform, and they will forward it to you. This method can be useful if you prefer not to directly link your phone number to the exchange or if the exchange doesn't offer SMS verification directly.
  • avatarNov 23, 2021 · 3 years ago
    At BYDFi, we have implemented a secure SMS code system for cryptocurrency transactions. When you sign up for an account, you can enable SMS verification as an additional security measure. Whenever you initiate a transaction, a unique SMS code will be sent to your registered phone number. This code needs to be entered on our platform to complete the transaction. We prioritize the security of our users' funds and ensure that our SMS code system is reliable and efficient.