Cryptocurrency Q&A What is the OTP token password?

What is the OTP token password?

Michele Michele Thu Dec 12 2024 | 6 answers 1504
I'm trying to understand what an OTP token password is. I've heard about it in the context of online security and authentication, but I'm not quite sure how it works or what it exactly is. What is the OTP token password?

6 answers

Emanuele Emanuele Sat Dec 14 2024
OTP stands for One-time Password.

Was this helpful?

247
59
ZenHarmony ZenHarmony Fri Dec 13 2024
OTP systems utilize a unique password for logging on to a network or service.

Was this helpful?

147
27
ShintoSpirit ShintoSpirit Fri Dec 13 2024
Despite their widespread use, static passwords are considered the least secure.

Was this helpful?

242
73
Carolina Carolina Fri Dec 13 2024
Each OTP can only be used once, ensuring a high level of security.

Was this helpful?

220
61
Leonardo Leonardo Fri Dec 13 2024
The concept behind OTP is to provide a more secure alternative to static passwords.

Was this helpful?

327
46
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts