VPN for cryptocurrencies?

[dansus021]

A VPN is only needed if crypto is banned in your country.

I don't think it's safe to do that, if you are using a VPN on your exchange to access your account and trade your Crypto you better read their TOP or term of services if they allow the use of VPN, although some exchange has their verification system on the IP you are losing but still do check it in their support if they allow it.
And about your belief that VPN is only needed if Crypto is banned in your country that's not correct, you need to read more about privacy protections and the many benefits of using VPN not only for Cryptocurrency

https://www.lifehack.org/533452/5-significant-benefits-using-virtual-private-network-vpn

yep double check this or you will regret
and anyway there's lot people discuss about how secure the vpn is and talk that they're actually not secure you can search on youtube

but in my opinion if you want to make your transaction safer and untraceable u can start private coin like monero and other

[k@suy]

A VPN is only needed if crypto is banned in your country.

I don't think it's safe to do that, if you are using a VPN on your exchange to access your account and trade your Crypto you better read their TOP or term of services if they allow the use of VPN, although some exchange has their verification system on the IP you are losing but still do check it in their support if they allow it.
And about your belief that VPN is only needed if Crypto is banned in your country that's not correct, you need to read more about privacy protections and the many benefits of using VPN not only for Cryptocurrency

https://www.lifehack.org/533452/5-significant-benefits-using-virtual-private-network-vpn

yep double check this or you will regret
and anyway there's lot people discuss about how secure the vpn is and talk that they're actually not secure you can search on youtube

but in my opinion if you want to make your transaction safer and untraceable u can start private coin like monero and other

I just wanna share it with you guys. I tried once to use vpn just to withdraw my coins in a paying campaign like bitcointalk. I did that because that particular campaign banned our country from using their campaign because they accused us as spammers and scammers which is not true.

[molsewid]

A VPN is only needed if crypto is banned in your country.

I don't think it's safe to do that, if you are using a VPN on your exchange to access your account and trade your Crypto you better read their TOP or term of services if they allow the use of VPN, although some exchange has their verification system on the IP you are losing but still do check it in their support if they allow it.
And about your belief that VPN is only needed if Crypto is banned in your country that's not correct, you need to read more about privacy protections and the many benefits of using VPN not only for Cryptocurrency

https://www.lifehack.org/533452/5-significant-benefits-using-virtual-private-network-vpn

I agree with both of you. How can you transfer your banned crypto from your wallet if you're not using a VPN right? It is much safer than without a VPN. But when we are talking about exchanges some might have rules that against using VPN so let us assure that we read their Terms before using it.

[raidarksword]

The VPN service does not relies the safety of your account or wallet of not being hacked because it only hides your location and ip address. The safety should begins with proper precautionary measures like 2FA, strong passwords in your exchanges accounts and check website links all the time before logging in such accounts. Storing large assets on exchanges is not safe as well, even they have high grade securities hackers will always find ways to penetrate it. Rather than be sorry, it's best to store it on personal wallet.

[Oppo57]

VPN service is hide our location and ip address. Some of country against at Bitcoin forum. They are take some action. So vpn is so much helpful for some crypto related people.

[ChrisPop]

First of all you need to look at what YOU CAN control. Enable 2FA, use strong passwords, keep your private keys safe,  keep as little funds as possible on exchanges and/or trading platforms as they are the most exposed to hackers.

Second of all make a little bit of due diligence on the exchanges. Ask yourself this kind of questions:

Are they a well established exchanged with proven history?

Have they been hacked before? If yes, have they hardened their security and how they managed the previous situation?

Are they keeping the funds in cold wallets and in multiple locations?

[proscratcher]

Before, I have experience using Mullvad VPN, PureVPN, ProtonVPN. These VPNs are very good.

[Gotumoot]

I was also planning on using VPN if crypto ever gets ban in my country but luckily it didn't and as for OP's concern about exchange accounts being hacked there are so many ways to avoid it.
You could always put up more security like OTP and 2FA so hackers couldn't easily access it and send your funds or you could just simple keep it clean only put up crypto when you are going to trade don't let your crypto sleep on your trading accounts.

[Assface16678]

Virtual private network(VPN) is usually used to change your location or with use other Interner Service Provider (ISP) also this is a good thing too if you want to visit some restricted website which is banned to your country.

in terms of cryptocurrency, this keeps you to make anonymous but still the account matters if you use a VPN with your wallet the transactions are kept with your account.

I was also planning on using VPN if crypto ever gets ban in my country but luckily it didn't and as for OP's concern about exchange accounts being hacked there are so many ways to avoid it.
You could always put up more security like OTP and 2FA so hackers couldn't easily access it and send your funds or you could just simple keep it clean only put up crypto when you are going to trade don't let your crypto sleep on your trading accounts.

Some of the exchanges and platforms today are very restricted in logging in with the other devices or account even you are in the same account but if you will change your location the Exchange will require you again to send a new verification code for the security of your account.

Before, I have experience using Mullvad VPN, PureVPN, ProtonVPN. These VPNs are very good.

Also I want to share the VPN usually used is Http injector and the Open VPN or VPN but it requires a configurations.

[blckhawk]

I haven't used any kind of VPN on my cryptocurrency activities and fortunately, I haven't experienced any kind of any scheme like a scam, hack, or something. Perhaps, because I am not that big investors. Anyway, if you feel secured on your VPN you were using then why not continue using it? Besides, the purpose of these VPNs is to let us access the website that is banned in a particular country which I think in favor of our colleagues.

I recommend you store your wallet on a system that's not connected to internet it would help enhence safety and out of hacks. And if you're to try other VPN it shouldn't be a free one because their security ain't guaranteed.

Agreed. If you do not feel secured for your funds then take it away online and store it on the hardware wallets such as Trezor and Ledger.

[Kamilaz]

I recommend you store your wallet on a system that's not connected to internet it would help enhence safety and out of hacks. And if you're to try other VPN it shouldn't be a free one because their security ain't guaranteed.

offline wallet isn't as simple as online ones tho, it's not as user friendly for the crypto newcomers.

[0nline]

Use cold storage too. Unlined from the internet.

[harizen]

Correct. At least VPN service can be considered  as  extra protection against $5-wrench attack. You don’t have to listen to those who say VPN is useless and doesn't make any help.  It do helps,  and you will better off with VPN than without it provided that you disallowed TCP/IP fingerprinting via WebRTC, javascript, etc.  VPN service is the first privacy stronghold that ( in addition) adds to security.

However, OP I think just makes it more complicated. OP's concern isn't really about VPN but the risks of storing funds in exchange or something along those lines. No need for this VPN thing if he cares about security and exchanges are freely accessible in their country. In other words, why make an exchange as a wallet if there's another way "more safe and secure".

Set extra layers of security by activating 2FA, storing the password safely, keeping safe the associated email and number to the account, etc.

Using a VPN is useful, no doubt about that but in terms of using it to access exchanges or trading platforms for the "safe" concern, it's not necessary as I mentioned, if we can access it freely in our location using our own ISPs.

[0nline]

VPN does not help you with anything. Your funds on exchanges will be safe as long as those exchanges do their job properly, not because you use a VPN. If anything, it might help you with data encryption when visiting several sites, but certainly not gonna help you if you type your seed carelessly  BTCBTCBTC

[ILuckyGuyI]

I haven't ever used VPN with cryptocurrencies. I don't think that it will be safer than normal. In fact, it could be more insecure compared to not using VPN. VPN can cause some weird problems on making a transaction etc. with cryptocurrencies too.

[mezzaluna]

Somehow using VPN makes me feel safe while working with cryptocurrencies, like transactions, payments and buying bitcoins. I've been using surfshark vpn for almost 3 months now and I guess it's okay. I haven't really tried other VPN's though for I don't want to risk my wallet just to try other VPN. You know, like what's the point if I have my door lock for months and it's not even rusted. The largest risk with cryptocurrency is that online exchanges are vulnerable, as mentioned, to hacking they say. I know some may already experienced this kind of problem, and I wonder how you manage to solve this. As someone who hasn't encountered such, I think it's a good opportunity to ask someone who does and help me point out what other things to do to secure not just my wallet account but also my other personal accounts.

Using VPN's really takes a toll on your data usage unless you are on unlimited capping. VPN's are necessary if you somehow can't access several websites that are location based or you want to mask your IP address and add additional security but I guess the use of Virtual Private Networks on Blockchain is just making latency higher since Blockchain is already secured.