Why do I need a verification code for Binance US?

3 answers

• sypAug 12, 2024 · a year ago
  A verification code is a security measure implemented by Binance US to protect user accounts from unauthorized access. It is necessary to ensure that only the account owner can log in and perform transactions. By requiring a verification code, Binance US adds an extra layer of security to prevent hackers from gaining access to your funds. It is a common practice in the cryptocurrency industry to use verification codes for account protection.
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• Susan Sipocz ShanepeachesOct 16, 2024 · a year ago
  The verification code is a unique code sent to your registered email or phone number. It serves as a second factor authentication method, in addition to your password. This means that even if someone manages to obtain your password, they would still need the verification code to access your account. It adds an extra level of security to prevent unauthorized access and protect your funds from potential hackers.
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• Etane86Aug 19, 2022 · 3 years ago
  As an expert in the cryptocurrency industry, I can assure you that the use of verification codes is a standard security practice. Binance US, like many other reputable exchanges, takes the security of user accounts very seriously. By requiring a verification code, they are ensuring that only the account owner can access and manage their funds. It may seem like an inconvenience at times, but it is a necessary measure to protect your assets in the volatile and high-risk world of cryptocurrency trading.
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