So, you have been all over trying to learn about Bitcoin and how to secure it. This’s undoubtedly a smart move that most people ignore. If you happen to be new to the world of VPNs, you are perhaps wondering how a VPN secures your Bitcoin. Is VPN helpful at all, and what do you need to do about it? This exclusive guide is precisely about the essence of using VPN for Bitcoin transactions.
Should I use a VPN for cryptocurrency transactions?
While VPNs enhances your crypto security, it is essential to note that they only improve the privacy side. As you perhaps know, cryptocurrencies such as Bitcoin are pseudonymous as opposed to anonymous. This feature makes it quite easy to track your financial doings whenever you go through the AML (Anti-Money Laundering) verification. Generally, you usually leave your IP footprint at various crypto exchanges and on other ISPs (Internet Service Providers).
A professional VPN service secures you against other parties that want to track you, be it a government agency, hackers, or even malicious third-party apps. It is globally accepted that privacy is a fundamental human right among all people. Privacy is an optimum security measure, which makes it difficult for anyone to steal your Bitcoin.
When it comes to cryptocurrencies, you should least worry about them since they incorporate the highest security levels and utilises end-to-end encryption. Unless your system is exposed to critical security susceptibilities, it is impossible to intercept the data since most cryptocurrencies employ end-to-end-encryption. Using a VPN service, in this case, adds an additional security layer to the already available, which makes the web activities much more secure. There are several reasons why you need to use a VPN service when working with cryptocurrencies:
- A VPN service makes it hard to intercept the data sent via the network thanks to the encryption features.
- The VPN service adds an extra security layer against viruses, malware as well as phishing attacks.
- A VPN service hides your IP address and thus averts IP tracking by government officials, hackers, and forensic analysis companies.
- Privacy-oriented VPN service has a kill-switch and does not store your logs, which is beneficial when it comes to maintaining your secrecy.
Which VPN should I Use for Cryptocurrency Transactions?
Since there are countless VPN providers in the market, finding the perfect VPN provider may be an uphill battle. More so, not every VPN service provider you come across is dependable, primarily when it comes to anonymity and privacy.
If this is your primary worry, it will help if you searched for a VPN that has kill-switch feature and strict no-logs policy. The no-logs policy means that the VPN service provider does not collect your browsing data. Thus, your browsing remains totally private. Else, you may subscribe to a VPN that logs your data and then sold to advertisers or government surveillance systems.
The kill-switch feature, on the other hand, terminates your connectivity to the internet without revealing your IP address whenever there’re issues between you and your VPN service. In simple terms, it avoids sites from accessing your actual IP address whenever there’s a VPN connection failure.
So, which is the Top VPN for Cryptocurrency Transactions?
One of the most popular and greatest VPNs in the market is NordVPN. With its offices in Panama, NordVPN is by far the most reliable and advanced VPN for cryptocurrency transactions. This VPN is all about security robustness and a wide variety of servers. NordVPN boasts a native OpenVPN support, AES-256 encryption, as well as thousands of servers in more than 60 countries.