The digital nature of the cryptocurrency industry demands robust online security measures.
One of the integral tools that bolster security in the cryptocurrency sector is the Virtual Private Network (VPN). Contrary to the popular belief, cryptocurrency transactions aren’t inherently anonymous.
While they may provide some level of privacy, factors like web trackers and cookies can compromise anonymity.
Though VPNs can’t ensure complete online anonymity, they significantly enhance privacy and improve user experience.
VPNs and Cryptocurrency Security
The crypto community is deeply concerned about security, particularly phishing.
Hackers often exploit phishing techniques to steal crypto assets from users.
While VPNs aren’t explicitly designed to protect against phishing, they can offer services such as blacklists that block access to known phishing websites.
When transacting on a Centralized Exchange (CEX), your Internet Service Provider (ISP) can identify the platform you’re using as the connection requests to an exchange pass through its network.
While your ISP might not see the transactions themselves, they can monitor the usage of the platform where these transactions occur.
Here, a VPN comes in handy by preventing the ISP from seeing the sites you visit or the apps you use, courtesy of the VPN server’s IP address.
Geolocation Manipulation with VPNs
VPNs also offer the advantage of manipulating geolocation, a feature that proves beneficial in countries with strict regulations against cryptocurrencies.
Some governments heavily regulate the crypto sector, while others, like China, have even declared it illegal.
A VPN can bypass such government censorship and unlock desired trading platforms.
It also allows users to circumnavigate firewalls that block access to certain sites in educational institutions or corporate settings.
Choosing the Right VPN
Choosing the best VPN largely depends on the range of services it offers.
Essential VPN features include ‘Obfuscation’ that disguises VPN traffic as regular HTTPS traffic, especially useful in countries that ban VPNs.
The ‘Kill Switch’ function terminates internet access if the VPN connection is interrupted, preventing any exposure of your traffic.
For complete privacy, the VPN should refrain from keeping usage logs.
Some VPNs offer a ‘split tunneling’ service to avoid line issues and reduced navigation speed, allowing some traffic outside the VPN ‘tunnel’.
NordVPN: A Solid Choice for Crypto Users
NordVPN stands out as one of the top services for crypto operations.
It boasts all the critical features mentioned above and more.
NordVPN can block malware, web trackers, and ads, effectively reducing most common web threats.
It employs next-generation encryption to secure online traffic and even allows the addition of a second encryption layer with Double VPN servers.
Services like Split tunneling, Kill Switch, and SmartDNS are guaranteed.
Owing to its browsing speed, versatile functionality, and competitive pricing, NordVPN has become one of the most widely-used VPNs globally.
In the world of cryptocurrencies, VPNs play a crucial role in enhancing online security and privacy.
As the use of cryptocurrencies continues to grow, VPNs like NordVPN offer an added layer of protection, making the crypto journey safer and more efficient for users.