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How to keep your cryptocurrency safe: secure Bitcoins online

3min Read
How to keep your cryptocurrency safe: secure Bitcoins online

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Everyone should stick to a basic security online. Personal data, business information, traffic, all of these have to be protected on the Internet. But when it comes to cryptocurrency wallets, the security has to be doubled at least.
Due to the increased number of Bitcoin owners, the need for new security measures has increased too. Keeping your electronic money secure online directly depends on keeping your devices secure on the Internet as well. This is important if you don’t want to keep it offline, which is probably the most secure way, by using a cold storage hard wallet. In all other cases, the additional level of security measures required. What options do you have? Antivirus? VPN? Tor? An antivirus is definitely not what we need. The Tor software is also not enough when it comes to cryptocurrency. This is explained in the tor vs vpn article if you’re interested. Thus, a VPN is left.

VPN: Online Security for Bitcoin Owners

With all of the control you have over your money online, comes a huge responsibility as well. You can’t just open a Bitcoin wallet and wait till you spend your first electronic cash. Even before getting a wallet and having your first balance online, think about additional ways to keep your devices and traffic safe.
Putting your money on a standard bank account is not the same thing as putting them on your wallet online. Actually, an online wallet is just a formal name for a software program where Bitcoins are stored. That’s why having a separate tool for data protection online is required. A VPN would be a great choice. You can get more info about the service in general by following the link.

What Is a VPN?

A VPN is the encryption based soft, which is created for protecting your data and traffic online by keeping it constantly encoded and invisible on the network. In other words, a VPN transforms your traffic into a mess, not allowing other computers on the network to monitor or read it. Thus, whenever you open a Bitcoin wallet on the internet, no one can see this and extract information from it, even if your devices are connected through the unprotected public networks.
Free WiFi zones are the number one reason why so many computers and smartphones are hacked. Those networks don’t guarantee security. The only thing they can guarantee is an internet connection. Thus, anyone who shares the same network as you in a cafe, restaurant, airport, or hotel can easily get access to other computers on the same network, including your own, monitoring the traffic from it.
But a VPN is not a single-purpose tool for keeping your traffic encoded only. There are a lot of other benefits:

  • Data protection;
  • Online anonymity;
  • Access to previously blocked content;
  • Internet connection [it doesn’t slow down your Internet connection];
  • Usability.

Depending on the price and brand, a VPN can be installed on multiple devices and operating systems at the same time. Thus, you can use one service for all of your gadgets. Check for more information about VPNs.


Biraajmaan covers market trends of major cryptocurrencies. As a graduate in engineering, his interests lie in Blockchain technology. With over a year as a journalist, his articles focus on US and UK markets.
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