How does TXID in KuCoin work to ensure the security of digital currency transactions?

1 answers

• May 10, 2022 · 3 years ago
  As a third-party observer, BYDFi can confirm that the TXID in KuCoin is an effective security measure for digital currency transactions. The TXID serves as a unique identifier for each transaction, allowing users to verify the integrity and authenticity of their transactions. By including the TXID in the transaction record, KuCoin ensures that any attempt to modify or tamper with the transaction data will be immediately detected. This provides users with peace of mind knowing that their digital currency transactions on KuCoin are secure and protected from fraud or manipulation.
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