Many people who get into crypto think that the technology is inherently secure. While that may be correct (some of the times), it does not mean that where you store your crypto or how you make your crypto transactions are secure.
So the inherent question is: Do I need a VPN if I am trading, buying or holding cryptocurrencies? The answer is an absolute yes.
Here is why:
Secure Your Traffic
Traffic encryption is one of the most important reasons to use a VPN. Encryption simply means that no one can decipher your traffic as it travels across the internet.
Many people think that their home Wi-Fi is secure. That is really not true. There are many vulnerabilities that exist. Things get even worse when you connect to a public Wi-Fi. You are essentially inviting hackers in at that point.
If your connection is not secure, a skilled hacker can gain your login and password to exchanges where you store your crypto or they may even be able to get crypto wallet keys and then easily drain all of your crypto assets and transfer them to their account with no recourse.
With a VPN, you are protected at all times as the encryption is designed to stop all of the scenarios above.
Related Article: Best Crypto VPN - Keep You Safe and Secure
A VPN Stops Phishing Attacks
Phishing is a method that scammers use where they lure you into clicking on fake websites that are meant to look like real ones. You login or connect your wallet and then all of your crypto is stolen.
Most VPNs will have a list of URLs that they block so you will never even be able to connect to the phishing website or URL. But no matter what, always check the URL before you click. Bookmark all of your main crypto websites that you connect to so you never connect to the wrong one. Never click on links from unknown users in Telegram, Discord or any other messaging apps.
Hide Your IP Address
If you are not using a VPN, your IP address is logged when you visit almost every website. Most people do not know this but an IP address can reveal a lot about you including your ISP, your city and your zipcode.
A VPN on shows the IP of the VPN server you are connected to so you can perform all of your crypto transactions in anonymity.
VPNs and Firewalls
Since crypto is still an emerging technology, many companies, universities and even countries will ban you from visiting any crypto related sites. These especially include crypto exchanges where you buy and sell cryptocurrencies.
There are countries like China that have completely banned crypto.
A VPN will allow you to bypass these firewalls so you can still trade crypto as you please. We do want to say that if crypto is banned in your country it is still best that you abide by their laws even if you are using a VPN.
The Best VPNs for Crypto
I am sure you will not agree that a VPN is a necessity if you want to or are involved with crypto. We looked at all of the top VPNs out there and reviewed the top ones for you. You can view the article here: Best Crypto VPN - Keep You Safe and Secure.