VICTORIA, Seychelles, Jan. 05, 2023 (GLOBE NEWSWIRE) — OKOne of the world’s leading cryptocurrency platforms, today announced key API security and protection features to further protect users from external threats.
These functions are:
- Automatically expires API key after 14 days of inactivity with trading and withdrawal authorizations not linked to IP addresses.
- a third party whitelist which allows users to hide their IPs from third-party platforms they interact with, and it ensures that transactions come from a whitelisted platform.
- Quick API (Quick Connect)which adds additional security to the API key binding process by allowing the user to quickly grant access to brokers and automatically generate and bind API keys with one click.
- a risky engine which monitors and flags suspicious transactions, allowing OKX to freeze identified accounts to prevent losses.
“At OKX, the safety of user funds is always our top priority,” said Hyder Rafiq, Head of Marketing at OKX. “Our API security measures are among the most comprehensive on the market. Merchants can use our platform with confidence knowing that API keys are protected by multiple layers of security.”
OKX is the world’s second largest crypto platform by trading volume and one of the leading Web3 ecosystems. It is trusted by more than 20 million users worldwide. OKX is known to be one of the fastest and most reliable crypto trading applications for professional traders and investors of all backgrounds.
As the main partner of English Premier League champions Manchester City FC, Formula 1 team McLaren, golfer Ian Poulter, Olympic medalist Scotty James and F1 driver Daniel Ricciardo, OKX aims to enrich its followers’ experience with financial and with new opportunities for participation. OKX is also a senior partner of the Tribeca Festival as part of an initiative to engage more Web3 creators.
In addition to the OKX exchange, the OKX Wallet is the platform’s latest offering for anyone looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.
For more information about OKX, download our app or visit us here okx.com
Media contact: Media@okx.com