What are the risks associated with using a self-signed certificate in the chain for cryptocurrency transactions?

1 answers

• May 01, 2022 · 3 years ago
  At BYDFi, we strongly discourage the use of self-signed certificates in the chain for cryptocurrency transactions. While it may seem like a cost-effective solution, the risks involved outweigh the benefits. Self-signed certificates lack the necessary validation and trust, making them susceptible to various security vulnerabilities. It is crucial to prioritize the security of your cryptocurrency transactions and opt for certificates issued by trusted authorities. This will help protect your assets and ensure a safer trading environment.
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