Can I use a VPN while doing cryptocurrency transactions?


When we talk about cryptocurrency transactions, the word “security” comes to mind. That’s why you are here and want to know if you can use a VPN while doing crypto transactions. Your concern is real and most of the people ignore these things. So today we will discuss the security of cryptocurrency & VPN.

If you don’t have that much knowledge about VPN then this short guide is for you.

Let’s start!

Can I use a VPN while doing cryptocurrency transactions?

A VPN is a great way to ensure that your Bitcoin, Ethereum, and other cryptocurrency transactions remain anonymous and secretive. If you want to be truly sure that no one knows about your financial activities, make sure to use a VPN for all of your crypto transactions.

The fact is that cryptocurrencies are not anonymous. That’s right — Bitcoin and other popular cryptocurrencies (except privacy coins) are pseudonymous, which means it’s rather easy to track your financial activities once you go through a KYC/AML verification. After all, all the transactions are stored on the distributed public ledger, and you also leave an IP footprint at crypto exchanges and other internet service providers.

A good privacy-oriented VPN service helps you to protect your identity from whoever wants to track you, be it hackers or malicious third-parties. It’s a commonly accepted fact that privacy is a fundamental human right amongst civilized people. No one can steal your hard-earned money if they don’t know it’s you who owns it, which is why privacy is the ultimate security measure.

Below are few reasons why you should use vpn while doing cryptocurrency transactions:

  1. A VPN service encrypts the data you send through the network, making it harder to intercept.
  2. It adds another layer of security against malware, viruses, and phishing attacks.
  3. It hides your IP address to prevent IP tracking by hackers or government officials, so you can buy and sell crypto completely anonymously (if you avoid KYC/AML exchanges).
  4. A privacy-oriented VPN doesn’t store your logs and has a kill-switch, which helps to maintain your anonymity.
  5. Don’t fall for free VPNs for your crypto activities, as these service providers tend to fund themselves by selling your private data. If you are serious about your privacy and security, go for a paid VPN as they are more reliable and secure.

So these are just a few reasons why you should use a VPN while doing cryptocurrency transactions. You should always use a premium and high quality VPN service. So hurry and try Smarters vpn now!

Comments

Post a Comment

Popular posts from this blog

A Guide to Setup a VPN on your IOS or Android Devices

Image
If security and privacy are important to you, then you need to set up a VPN on your Android as well as on iOS device. Having a virtual private network on your smart devices is the most effective way to connect to the Internet securely while on the go. Not only this also, it gives you access to content which is unavailable in your country. Your Android and iOS may be constant companions that you use to keep in touch with your world through wireless connections. You message and call friends and contacts anywhere. You also check your bank balance, Account Details, send and receive emails, browse the internet, make online purchases and conduct other business. Not only do these activities expose you to cyber-criminals and hackers who can steal all that information, but they also give access to your internet service provider (ISP) who can track all your online activities by monitoring your IP (Internet Protocol) address. Setting up a VPN on all your smart devices is a simple operation that r
Read more

How to Stream Restricted Websites or Content with SmartersVPN

Image
  The idea of streaming an online video service at one’s convenience would have sounded like a dream in the past. This is because many services were geographically restricted and users had to use a trickery way to gain access. You must be thinking that  how to stream restricted content or website ! Don’t Worry! Now, with the advent of VPN software, everything can be done in a seamless manner. The average internet user could take advantage of websites that are otherwise geo-restricted. Sports nuts and movie buffs alike could make use of internet streaming sites that are blocked in certain countries. With the help of VPN Software you can easily and smoothly access blocked websites and content. Restrictions on Content & Websites in various reigns: Geo-restricted limitations are placed by countries due to government policies or laws that make it very difficult to achieve the basic purpose of streaming. However, there is a solution to everything in today’s world because the technologies
Read more

How to set up a VPN on your iPhone or Android

Image
If you’re serious about security and privacy, then you need to set up a mobile VPN, also known as a VPN for iPhone or VPN for Android. The simplest way to get started with a VPN is to install it on your Device or to use the built-in VPN feature in your operating system (available on most Macs and on all iOS devices).  This guide will show you how to set up a VPN on an iPhone or Android device. Setting up a VPN on your phone is simple. There are a couple of ways to do this. The first and most straightforward option is to: Purchase a VPN app in the Apple store or the Google Play store and download the app Follow the setup instructions. Generally, these applications are easy to set up, even for the novice. And they’re easy to maintain, since you can set up and save preferences. Smarters VPN offers apps for both Android and iOS mobile devices that are available in various languages and offer 256-bit bank grade encryption and are built on the strong OpenVPN and OpenSSL protocols. Smarters V
Read more