Cryptocurrencies like Bitcoin have surged in popularity as of late. Naturally, when storing them, you want to make sure to take every step necessary to ensure that the contents of your wallet remain safe. As you’ve probably guessed, one of the best things you can do to protect your crypto investments is to get a suitable VPN.
A VPN will help to make your online cryptocurrency wallet more secure
Did you know that your login credentials can be intercepted immediately upon entering them? This is especially true if you’re doing business while connected to an unsecured public Wi-Fi or something similar. Without having a VPN installed, it’s not a good idea to even think about risking that.
Hiding behind a VPN also makes you less likely to become a target of hackers. Without knowing your true IP, they’re going to have a harder time breaching your system’s defenses, unless, of course, you let them in by being too naive or careless.
Among other things, hiding behind a VPN will make it harder for the government to spy on your cryptocurrency trading. After all, anonymity is one of the main reasons why these have become so popular, but taking it for granted is a mistake. In other words, you need to put in a little bit of work to protect it from people sticking their nose where it doesn’t belong.
So with that in mind, let’s examine what you should keep in mind when choosing the best VPN for protecting your wallet:
1. User-friendly interface
What good is having a VPN if you can’t even figure out how to use it? Unless you’re particularly tech-savvy or enjoy undertaking a challenge on your computer, you should stick to a VPN that comes with a user-friendly interface. There is a little bit of a catch; how are you going to know whether you like it or not without taking the plunge and trying it out for yourself? Well, there are many ways you can go about that, the simplest of which is looking at screenshots or videos posted online. The other is taking advantage of the trial period if they offer it (if all else fails, you can always purchase it straight off the bat and ask for a refund later on).
2. Payment plan
Don’t like paying for a whole year in advance? In case you’re not sure you’ll even need a VPN for that long, going for monthly payments is a better option. That being said, if you know that you’ll be using it for sure, it’s better to get the whole-year plan because it’s cheaper in comparison.
As we’ve pinpointed before, staying anonymous is one of the principal reasons why people prefer cryptocurrencies to traditional means of payment in the first place. By using a VPN, you’ll make sure that your dealings truly stay anonymous, just as they were meant to be. Now, there’s just one little problem… if you access your accounts through a VPN, your ISP may not know what you’re up to, but the VPN provider surely will. If the government ever demands them to hand over that information, you may find yourself in a bit of a pickle. Thus, make sure that the VPN provider follows a no-logs policy. If it does, there are 2 solutions to this: either the VPN provider allows you to pay with cryptocurrencies, or they can issue you a guarantee that a third-party provider handles the payments in their company, thus ensuring your privacy. Only that way can you rest sure that your personal information stays safe.
4. Other Uses
Even though you’ll primarily be using a VPN for trading cryptocurrencies, don’t disregard the option of using it for something else. For example, you may want to use it to watch Netflix, and certain VPNs have been known to have trouble with it, so make sure to research this before making the final decision. Also, you may need it to access content that’s restricted to a single region, so make sure that it grants you the freedom of choosing IPs from different regions.
5. Device compatibility
Do you often like to trade cryptocurrencies on the fly, without having to be confined to your office where your main workstation is? Then make sure the VPN you’ve laid your eyes on supports all the devices you’ll be using it on. Never assume that every device is supported by default, because this often isn’t the case.
Buying the best VPN for protecting your wallet cannot be done without a little bit of effort and research on your end. But once you narrow down the list to the final contenders, arriving at a sound and solid conclusion and making the decision, you won’t regret should be much easier by following the guidelines you’ve learned today.