VPNs changing crypto trading for the good
Traveling traders often make use of public Wi-Fi networks in order to access the internet. These public networks, unfortunately, make it increasingly easy for hackers to gain access to a user’s device and sensitive information. VPN-specific encryption protocols render a crypto-transaction’s data packets both inaccessible and cyber-proof with only the trader and the target destination being in possession of the relevant decryption keys. Any geographical limitations will also be rendered obsolete thanks to the scrambling of any foreign encryption efforts.
What other threats can VPNs protect crypto-traders against?
Benefits of using a crypto-specific VPN
Trading cryptocurrencies remains risky for many people despite constant advances being made in terms of online trader security. By making use of a crypto-specific VPN you can significantly improve the anonymity of your transactions, trade-related activities, and account balances. A crypto-specific VPN connection typically offers military-grade encryption that makes the chances of any hacker or governmental authority accessing your information highly unlikely. As fake trading exchanges and Initial Coin Offering (ICO) fraud is becoming more common it is critical to make use of a trusted crypto-centric VPN that does not store user logs and will not compromise user trust in any way.
Not all VPNs were created equal
While there are countless excellent VPNs available, not all will provide the security, speed, and performance levels required by crypto traders. CyberGhost is one of the most popular VPNs used by traders. The large server network consists of more than 1200 servers across more than 50 locations and boasts speeds that are considered to be above-average. The VPN also offers 256-bit encryption, zero-logging, anti-malware, and a highly-effective ad-blocker.
Explore your choices
Unfortunately, there is no such a thing as ‘too much security’ when spending time on the internet trading cryptocurrencies. Making use of a VPN while trading online can reduce your risk of becoming another data-breach statistic significantly.
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