I know a blockchain wallet is a safe way to store, manage, and spend your cryptocurrency. I know all about the types of wallets ranging from Cold storage to hardware. Recently I decided to use a VPN when carrying out a transaction. I know I am not that techy but I have got to ask, is there / will there be a security issue when handling such transactions?
When you are using a decentralized noncustodial wallet, then even if you use VPN, there will be no problem. The problem only comes when you are using a centralized wallet or exchange and if that exchange has some locations as prohibited and if your VPN connects to that location, the service provider may feel that you are accessing from a banned location and therefore may restrict your account.
How do I know if my wallet is a noncustodial wallet?
Does it give you access to your private keys, and seedphrase and let you export them? or does it require you to have an email, phone number, etc., and in some cases maybe to even verify your identity? If it's the former, then it's a non-custodial wallet.
Great explanation... wow
You can also google the wallet name and find it is noncustodial or custodial wallet. Also, try to use a wallet which is Open Source (and not the closed source). Again google the wallet name for these pieces of information.