Protection against DDoS attacks, full data encryption
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Popular methods: Visa, MasterCard, bank transfer, cryptocurrency
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Reasonable trading fees for takers and all market makers
Fast access to high liquidity orderbook for top currency pairs
Yes, some banks and online merchants offer alternative methods like biometric authentication (fingerprint or facial recognition) or security tokens. However, OTPs remain a widely used and effective method for securing online transactions.
Using OTPs for online purchases significantly enhances the security of your transactions, protecting both you and the merchants from potential fraud.
If you suspect that your OTP has been compromised, do not complete the transaction and contact your bank or the online merchant immediately.
It’s also advisable to change your account passwords and review your recent transactions for any unauthorized activity.
Generally, OTPs are a mandatory security measure and cannot be opted out of for online purchases due to the need for enhanced security and regulatory compliance.