Credentials
Beginner
In the world of cryptocurrency, credentials are essential for ensuring the security and authenticity of users, transactions, and access to various platforms. They consist of personal information and digital proofs that verify an individual's identity or authority within the crypto ecosystem. Common examples include usernames, passwords, and email addresses, which are vital for accessing crypto wallets and trading platforms. Additionally, credentials may encompass more advanced forms such as cryptographic keys, biometric data, and two-factor authentication codes, adding multiple layers of security.
Related glossaries
Phishing
A type of malicious attack in which a bad actor tries to acquire a user's credentials in order to gain unauthorized access to their account.

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