OKX, the world-leading cryptocurrency platform, announced comprehensive API key security protection features, further enhancing user protection against external threats.
Latest Fintech News: Cashfree Payments Now Offers India’s Widest ‘Buy Now Pay Later’ Suite
The features are:
- Auto expiry after 14 days of inactive API keys with trade and withdraw permissions that aren’t bound to IP addresses;
- A third-party whitelist that enables users to bind their IPs to cooperating third-party platforms and ensures transactions are from the whitelisted platform;
- Fast API (Fast Connect), which provides additional security for the API key binding process by allowing users to quickly authorize brokers to access, generate and bind API keys automatically in one click; and,
- A risk engine that monitors and flags suspicious transactions, allowing OKX to freeze identified accounts to prevent loss
“At OKX, security of customer funds is always our first priority,” said OKX Chief Marketing Officer Haider Rafique. “Our API safety measures are among the most comprehensive on the market. Traders can use our platform confidently with the knowledge that API keys are protected with multiple layers of security.”
Latest Fintech News: Crypto Exchange Bitget Records 200% Growth in India in 2022
[To share your insights with us, please write to sghosh@martechseries.com]
