What are the alternatives to sending bank info over email for digital currency transactions?

3 answers

• Dec 17, 2021 · 3 years ago
  One secure alternative to sending bank info over email for digital currency transactions is to use a secure messaging platform. These platforms encrypt your messages and ensure that only the intended recipient can access them. Some popular secure messaging platforms include Signal, Telegram, and WhatsApp. By using these platforms, you can securely share your bank information with the recipient without the risk of it being intercepted or accessed by unauthorized individuals.
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• Dec 17, 2021 · 3 years ago
  Another alternative is to use a secure file sharing service. Instead of sending bank info directly over email, you can upload the necessary documents to a secure file sharing service and share the download link with the recipient. Services like Dropbox, Google Drive, and OneDrive offer secure file sharing options that can help protect your sensitive information.
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• Dec 17, 2021 · 3 years ago
  At BYDFi, we recommend using a decentralized exchange (DEX) for digital currency transactions. DEXs allow users to trade directly from their wallets, eliminating the need to share bank information over email. By using a DEX, you can maintain control over your funds and reduce the risk of your bank information being compromised. Some popular DEXs include Uniswap, SushiSwap, and PancakeSwap.
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