When downloading a digital asset app, why does it prompt for verification?

3 answers

• Dec 26, 2021 · 3 years ago
  Digital asset apps require verification during the download process to ensure the security and integrity of the app. By verifying the user's identity, the app can prevent unauthorized access and protect users' assets. This verification process may include providing personal information, such as a phone number or email address, and may also involve two-factor authentication for added security.
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• Dec 26, 2021 · 3 years ago
  When downloading a digital asset app, the prompt for verification is a security measure to protect users from downloading malicious or fraudulent apps. By verifying the user's identity, the app can ensure that only legitimate users have access to the app and its features. This helps to prevent unauthorized access to users' digital assets and reduces the risk of scams or hacks.
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• Dec 26, 2021 · 3 years ago
  When downloading a digital asset app, the prompt for verification is a standard practice in the industry. It helps to establish trust between the app developer and the user, as well as ensure compliance with regulatory requirements. Verification also allows the app to provide a more personalized and secure experience for users, with features such as secure login, password recovery, and account protection. At BYDFi, we prioritize user security and verification is an essential part of our commitment to protecting our users' digital assets.
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