VPN And Cryptocurrency

Hello, guys here in this post we would like to talk about the use of VPN service, virtual private network services, and we’ll try to explain that whether it is good or bad to use VPN services while dealing with crypto. How they are spying us and how a genuine service is also not safe.

What is a VPN?

First of all, we need to understand that what is VPN service, if you know about VPN then you can skip this paragraph.

VPN, as by name (Virtual Private Network ) we can understand that it provides us privacy. In very simple words it provides us the privacy of doing work in the online internet world. VPN is a private network created by using programming or using third-party applications.

How Does it Work?

Actually, this service creates a tunnel where our all commands change into encrypted data, So, even our internet service provider can’t understand that what we are doing on the internet.

A VPN will save users from hacking attacks and allow users to surf the internet without any restrictions.

Why do We Use it?

There are many reasons to use VPN services Because every user in the world of the internet has their own need and different type of things to work.

Usually, people use VPN for accessing those websites which are blocked by internet service providers or government in their country.

And few people who want a very high level of privacy to work, especially new projects and banking work uses VPN services.

Should Cryptocurrency users use VPN ?

Yes, we should use but in cautious way .

So what are cautions before use of any virtual private network service .

• Don’t use VPN services which are available at free of cost.
• Don’t use those VPN services purchased by others, by friend or someone at online Knower.
• Only use paid VPN services which are highly reliable.

These were three main points that you should keep in mind to keep yourself safe from fraud or scam by VPN service providers.

Perfect VPN service

Don’t expect that here we will tell about genuine VPN service providers’ names or companies. Because we don’t have 100% trust at virtual private network service providers. If you know to program and have free time, you can create your own VPN and use it.

As we told that we don’t have 100% trust over any VPN service then what is the reason behind this??

Obviously, any investigation agency by the government has the full right to get all information of their customers no matter what are terms & conditions and privacy policies to use their services.

But still, it will remain better to go with the premium or paid version of VPN services instead of free.

Alternatively, there is another option to create your own virtual private network to secure yourself. You can search about it “ how to create your own virtual private network” at YouTube or simply in Google, you will get step by step procedure to create it.

Cryptocurrency and VPN

As all of us know very well the use of cryptocurrency is fully legal in many countries but besides this, there are many countries that have no rules and regulations over cryptocurrency use and that is making a dramatic situation in the mind of users that whether they should use Cryptocurrency or not.

On the one side, they can’t leave it because this is the main source of income to live life but on another side, they have fear of the country’s government actions, so at this condition, they prefer to use VPN services.

But surely even with the premium services of VPN they are not safe because at one side they are able to hide by government eye on online movement but another side they are giving their data to those VPN services who can misuse your data anytime and in that situation, you will have to face a big loss.

What we should do in such situations?

In this situation we have to follow two things mainly .

Follow guidelines that are given by the government of your country and don’t do those things which are strictly prohibited.

Second thing you should create your own virtual private network.

Don’t use third-party software

Besides the mistake of the use of free VPN services, people did one another mistake that is the use of third-party software or application that are modified for free to use.

So here I would like to suggest all of you that if you are using modified or third party software for other works outside of Cryptocurrency then don’t do that.

Get a new device for such separate work otherwise, you will be monitor by someone who modified that software or application and will steal all your assets at once.

Summary

Don’t use free services of VPN, don’t use modified software, don’t mix your professional and personal work together.

If you will keep these points in your mind then we don’t think that you will be any type of hacking victim in your incoming future of cryptocurrency work.

Otherwise many types of scam, hack, fishing will continuously go with people one by one and hackers will make lots of profit and you will see that you only lost your money and nothing.

So it will be much better for you and your all relatives and friends who are working in this field of cryptocurrency or doing another type of banking-related work.