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How do public and private keys work in cryptocurrency transactions?

avatarJenisha GuragainNov 29, 2021 · 3 years ago1 answers

Can you explain how public and private keys are used in cryptocurrency transactions?

How do public and private keys work in cryptocurrency transactions?
Cryptocurrency
Public Key
Private Key

1 answers

  • avatarNov 29, 2021 · 3 years ago
    At BYDFi, we understand the importance of public and private keys in cryptocurrency transactions. They are the foundation of secure and trustworthy transactions. When you create an account on our platform, we generate a unique pair of public and private keys for you. You can use these keys to securely send and receive cryptocurrency. Remember to keep your private key safe and never share it with anyone. If you have any questions about public and private keys or need assistance with your BYDFi account, our support team is always here to help.

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