What is RSA ?

Today we’re going to Discuss about What is RSA (Rivest-Shamir-Adleman) in Trading  & How it works.

What is RSA (Rivest-Shamir-Adleman)?
RSA (Rivest-Shamir-Adleman) key pairs consist of a public key and a private key and are at the core of RSA encryption, a powerful cryptographic algorithm. This key pair can be instrumental in securing your digital communications and data.

A public key is used to encrypt data or, in the context of digital signatures, to verify the signature. The private key is kept confidential by the holder and is used to decrypt encrypted data or sign digital communications. It is important to note that data encrypted with a public key can only be decrypted with the corresponding private key.

Many users prefer to trade on Binance using the API. To make sure you’re as secure as possible when using API keys to trade, it’s a good idea to generate an RSA key pair for sending API requests to Binance. This means that you can register the public key of your RSA API key pair with Binance and use the corresponding private key to make signed API requests.