What is Bitcoin or Cryptocurrency?
Bitcoin is a cryptocurrency or an open-source virtual currency that operates using peer-to-peer (P2P) technology.Bitcoin allows you to trade any goods or services over the internet and also let you change it from other currencies.However, there is no ‘middleman’ or the state-controlled bank like we have for traditional currencies.
Bitcoin is transferred directly from one person to another, cutting out the middleman which eventually saves a transaction fee.It can be used in every country without being concerned that your accounts will be frozen.
Putting it simply, Bitcoin has no physical form and is neither controlled by a central bank, which makes it completely decentralized.However, it is backed by blockchain and other forms of decentralized control.
Bitcoin is not the only form of cryptocurrency.Other cryptocurrencies are also available including Litecoin, Zcash, and Ethereum.
However, Bitcoin is the most widely used cryptocurrency at the present time.
How to Choose the Best VPN for Cryptocurrencies?
Today, there are numerous VPN providers in the market that can make it difficult for users to choose the best VPN for Bitcoin cryptocurrencies.
Users must pay special attention to some features that must be present in the VPN they opt for.
Security is one of the main reasons why a VPN service is deployed for Bitcoin payments.Therefore, the top criteria for choosing the best VPN for Bitcoin payments should be privacy policy and encryption.
We strongly suggest going for a VPN that follows zero-logging and uses up-to-date encryption protocols.
Another feature you should look for is the option to subscribe to a VPN using Bitcoin payment.For privacy-conscious users, this allows them to prevent the generation of any paper trail and complete the purchase with perfect anonymity.
How Can I Protect Bitcoins?
When you have bought Bitcoins, then the most important question arises, how to protect them? Bitcoin is a digital currency, it exists beyond our reach in the digital world.Online currencies are vulnerable to hacking.
NiceHash, one of the largest marketplace for mining digital currencies was hacked by a group of cybercriminals.A total of 4,700 Bitcoins were stolen that worth over $75 Million.
Now think of it, if such a large website with extremely tight online security can get hacked, then where does it put you in the chart? So, how would you protect yourself from online criminals?
The best way to protect your online identity is to get a Bitcoin VPN.
When you’re anonymous online, snoopers or online hackers wouldn’t be able to see your IP address.
Thus, making you invincible.How to Setup Bitcoin VPN?
Step 1: Get one of the best Bitcoin VPN by selecting it from the table provided in this guide
Step 2: Once you subscribe to a VPN, it will let you download its Desktop or Mobile app
Step 3: Enter your Username and Password > Connect to a server from anywhere around the world
Step 4: Then go to Bitcoin trading website or any product or service website to continue making online transactions freely.Why you need a VPN for Bitcoin Payment?
Bitcoins are pseudonyms which only provide a basic level of anonymity.However, if the pseudonym is found to be connected with a certain transaction, it is possible to trace the real identity of the person.
Although Bitcoin payments do not leave a paper trail, it can leave a digital trail that might be used to compromise a user’s identity.
In order to ensure the anonymity of your bitcoin transactions, it becomes important to use a VPN service.A VPN enables you to hide your IP address, which makes it difficult for a snooper to trace a bitcoin payment to you.
Therefore, to maintain anonymity at the highest level, you need a VPN for bitcoin payments.This is why it is recommended for you to use a strong VPN provider and perform anonymous bitcoin transactions.Where Can I purchase Bitcoin?
Each country or a specific region has different options from where you could purchase Bitcoin.
For instance, the UK, Europeans, and US citizens can purchase Bitcoin from Coinbase, while you could also purchase Bitcoins from other websites including Coinmama and SpectroCoin .
VPN and Bitcoin – Perfect for One Another
The great reason for people to use Bitcoin is to stay anonymous while online payment transactions.It leaves no paper money trail when you are spending any of the items online or making payments.It makes more sense having a VPN with Bitcoin.
It ensures your online privacy and security.
If by any chance snoopers or the government knows about your IP address, they can easily track your location.A Bitcoin VPN will hide your original IP address and keep you anonymous online at all times.
Everything remains confidential and private from the point of subscribing to a VPN and making payments online with Bitcoin.
The Bitcoin VPN providers that I’ve mentioned above are those that accept Bitcoin payments.Therefore, anything that you do online remains private.
How to Keep My Bitcoin Wallet Anonymous?
With a little planning, you could keep your wallet anonymous for good.The first thing that it requires from you is to create a pseudo profile that would not give away your identity.With the help of pseudonym IDs, you can subscribe to VPN services.
The next step is to mask your IP address so that no one traces your Bitcoin payment with the aid of IP address.This process can be achieved with the help of a VPN.Whenever you are connected to a website when using a VPN, it is the VPNs server IP address and not yours.VPN servers have thousands of IP address that can mask your online activity with ease.
However, some VPN services do keep track of your internet activities and whatever you do online.There are called privacy logs.However, do not worry, we have listed down some of the very best Bitcoin VPN for you that strictly forbids in keeping logs.
You can also check for their privacy policy to remain certain.Best VPN for Bitcoin Reddit
Since there a few VPNs that tend to log user data like names and payment details, some people prefer VPN service that accepts cryptocurrencies.
Here are a few VPN services that accept Bitcoin payments according to Reddit: Wrapping Up!
Even though cryptocurrency is likely the future of global currency, at the moment it is not totally secure.When you make payments online via Bitcoin, your IP address can easily be tracked down by snoopers, online hackers, and government agencies.
This could lead them to your original destination, or perhaps stealing your hard-earned Bitcoin money.The best way to keep yourself anonymous online is to get the best VPN for Bitcoin.With its 256-bit encryption, no one can compromise the privacy of your Bitcoin wallet.Shahmeer Baloch Posts by Shahmeer Baloch Shahmeer Baloch’s Biography :
Shahmeer Baloch is a marketing professional-turned-tech writer who despite had a successful career at Evyap made a drastic change when his interest in technology and international cyber laws became evident.Baloch’s love for new technology is profound and well addressed.Loves to play tennis on weekends..
