Cryptocurrency Q&A
Why is Union Bank asking for tokens?
Why is Union Bank asking for tokens?
SeoulSerenity
Fri Nov 08 2024
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5 answers
931
I received a request from Union Bank asking for tokens and I'm wondering why they need it. Is it for security purposes or something else? I want to understand the reason behind this request.
5 answers
Raffaele
Sun Nov 10 2024
It can be either a small physical device known as a hard token or a mobile application referred to as a soft token.
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Tommaso
Sun Nov 10 2024
The main function of a token is to enable users to authenticate their transactions on the UnionOnline platform.
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Andrea
Sun Nov 10 2024
In addition to providing authentication, a token also adds an extra layer of security to users' accounts.
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BlockchainBaroness
Sun Nov 10 2024
A token is a device or application used for authentication purposes on the UnionOnline platform.
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Margherita
Sun Nov 10 2024
This layer of security is separate from the user's password and security word, providing an additional safeguard against unauthorized access.
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