It is probably the biggest nightmare for crypto investors: the laboriously built portfolio due to cyber attacks like Hacks, Phish or malware to lose. Rapidly evolving technology requires everyone to… Bitcoin (BTC), Ethereum (ETH) or owns other cryptocurrencies, be particularly vigilant. But with the right precautions, you can prevent criminals from getting their hands on your hard-earned coins.
With a VPN, you can protect your cryptocurrencies from all online attacks by hiding your digital identity.
Why VPN protection is important for crypto investors
This is often reported Crypto News about cases in which hackers use sophisticated tricks to steal other people’s cryptocurrencies. Most people think it will never happen to them – until they are affected.
However, it can happen to anyone. Sensitive information can fall into the wrong hands when you connect to public Wi-Fi networks (such as in cafes, airports or hotels) that do not offer encryption. Hackers often use such networks to access connected users’ data or even create fake Wi-Fi networks that look very similar to legitimate networks. If unsuspecting users connect to it, hackers can monitor all data traffic.
The solution? A VPN (Virtual Private Network). This encrypts your internet connection, making it virtually impossible for hackers to steal your data (such as crypto exchange passwords or your private keys Wallet) to intercept.
Hackers often access a device’s IP address to gain remote access. For crypto investors, this could mean that hackers are using their cryptocurrencies on their own Wallets transmitted. A VPN helps here too, as it hides your IP address.
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