How does 3DS purchase on Coinbase work?

5 answers

• Nov 26, 2021 · 3 years ago
  Sure! When you make a 3DS purchase on Coinbase, it means that you are using the 3D Secure protocol for added security. This protocol adds an extra layer of authentication to your transactions, reducing the risk of fraud. When you initiate a 3DS purchase, Coinbase will redirect you to your bank's website, where you will be prompted to enter a one-time password or provide other authentication details. Once the authentication is successful, your transaction will be approved and processed by Coinbase. This process helps protect both the buyer and the seller from unauthorized transactions.
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• Nov 26, 2021 · 3 years ago
  3DS purchase on Coinbase is a great feature for ensuring secure transactions. When you make a purchase, Coinbase uses the 3D Secure protocol to authenticate the transaction. This protocol adds an extra layer of security by requiring additional verification from your bank. When you initiate a 3DS purchase, you will be redirected to your bank's website, where you will need to provide the necessary authentication details. Once the authentication is complete, your transaction will be processed by Coinbase. This feature helps protect against unauthorized transactions and provides peace of mind for both buyers and sellers.
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• Nov 26, 2021 · 3 years ago
  When you make a 3DS purchase on Coinbase, you are utilizing the 3D Secure protocol for enhanced security. This protocol adds an additional layer of authentication to your transactions, reducing the risk of fraud. Coinbase partners with various banks to implement this feature. When you initiate a 3DS purchase, you will be redirected to your bank's website, where you will need to provide the required authentication details. Once the authentication is successful, your transaction will be approved and processed by Coinbase. This process ensures secure transactions and protects both the buyer and the seller.
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• Nov 26, 2021 · 3 years ago
  3DS purchase on Coinbase is a feature that utilizes the 3D Secure protocol to ensure secure transactions. When you make a purchase, Coinbase will redirect you to your bank's website, where you will need to complete the authentication process. This additional layer of security helps protect against unauthorized transactions and provides peace of mind for both parties involved. Once the authentication is successful, your transaction will be processed by Coinbase. It's a great feature that adds an extra level of security to your cryptocurrency purchases.
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• Nov 26, 2021 · 3 years ago
  BYDFi does not support 3DS purchase on Coinbase. However, it is a feature provided by Coinbase to enhance the security of transactions. When you make a 3DS purchase on Coinbase, the 3D Secure protocol is used to authenticate the transaction. This protocol adds an extra layer of security by requiring additional verification from your bank. Once the authentication is complete, your transaction will be processed by Coinbase. It's a reliable feature that ensures secure transactions and protects both buyers and sellers.
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