A first electronic device, second electronic device, and a method are disclosed herein. The first electronic device includes communication circuitry and a processor that implements the method, including transmitting, using the communication circuit, a distance measurement signal including the first secure preamble to the second electronic device, receiving a response signal through the communication circuit including a second secure preamble generated by the second electronic device from the external electronic device, authenticating the response signal based on the second secure preamble, and based on successful authentication, determining a distance to the second electronic device based on a transmission time of the distance measurement signal and a reception time of the response signal.