Post
Topic
Board Trading Discussion
Re: When You trade Do You use VPN?
by
molsewid
on 27/10/2020, 05:17:01 UTC
Do you use VPN proxy?
Specially If You are Country Where the laws not Crypto trader Friendly?

Do You hold Ur machine or wallet in better juridical locations?

I don't use a VPN because it's not needed in my country. And if needed in our country, it would give me a headache because it will just slow the connection.

I hold my wallet in a good location because our country allows us to use and trade crypto-currency.

I don't use VPN for trading, personally I always classify it as tunnelling application which can be compromised by the providers, implication of using it is that vital information of the users can stolen like passwords and other valid documents, although my country allow the of cryptos thus giving me  the freewill to trade and transact it.
If you are using a free shady VPN then you have a point that they could have a backdoor and steal things, never install anything that is shady because it is free. When it comes to trading there is no point in using a VPN when you are submitting all your credentials to an exchange if you are trading with them. Even when you are trying to trade from a banned country most of the exchanges will not allow you to trade as you will never pass their KYC.

Very well said. I want to add more about using a FREE VPN. There are no such free services in this world. Some of these VPN sell customer's data. If you're thinking you're safe using these free services, think twice. Why would they create free services if they can't gain money from this business?