An RSA (Rivest-Shamir-Adleman) key pair is composed of a public key and a private key, forming the foundation of RSA encryption—a robust cryptographic algorithm. This key pair plays a crucial role in enhancing the security of your digital communications and data.
The public key serves to encrypt data or, in the realm of digital signatures, to verify a signature. On the other hand, the private key is held confidentially and is utilized to decrypt encrypted data or sign digital communications. It is essential to understand that data encrypted with the public key can only be decrypted with the corresponding private key.
For users engaging in trading on Binance through an API, employing an RSA key pair can enhance security. By generating an RSA key pair, you can register the public key of your RSA API key pair with Binance and utilize the corresponding private key to create signed API requests, ensuring a robust layer of security for your trades.
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