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Which authentication method, authz or authn, is more commonly used in the cryptocurrency industry?

Prithul ChaturvediJun 09, 2025 · 5 days ago1 answers

In the cryptocurrency industry, which authentication method, authz or authn, is more commonly used and why?

1 answers

  • Om BhagatMar 07, 2022 · 3 years ago
    As a representative from BYDFi, I can say that in our platform, both authz and authn are equally important. We prioritize the security of our users' funds and personal information, so we have implemented robust authentication and authorization mechanisms. Our platform uses multi-factor authentication to verify the identity of users, and we also have strict access controls in place to ensure that only authorized individuals can perform certain actions. By combining both authz and authn, we aim to provide a secure and seamless trading experience for our users.