Cryptocurrency, as an innovative form of payment and data exchange, places the highest value on security and privacy. Blockchain developers are committed to ensuring that user information does not fall into the hands of third parties without permission, under any pretext (security, regulation, etc.). In this article, we'll explore decentralized VPN services and how they assist in cryptocurrency trading.
Why Is a VPN Necessary When Working with Crypto Assets?
According to different analysts, the overall security level in the crypto space has declined recently. This is due to the rapid expansion of the Crypto World, the growing number of users, and the increase in their profits. Cybercriminals are developing more sophisticated methods of launching attacks, making it harder to protect against them. As a result, centralized authorities offer security services but often require users to give them access to personal data in return. This is done to enhance control and prevent illegal activities. However, not all crypto users are willing to compromise their privacy.
To ensure secure and private crypto transactions without fear that personal data will be exposed, many crypto traders are turning to decentralized VPN services.
What Are Decentralized VPNs?
Decentralized VPNs are networks that operate without a central location, such as a data center or base. Unlike traditional centralized VPNs, decentralized ones are more resilient to constant data blockages. These services do not collect or store user information in one place. Therefore, if hackers attempt to access personal data, they would need to target not just one central server but hundreds of decentralized nodes spread across the globe.
Key benefits of decentralized VPNs:
- Higher data security. No single point of failure, making it harder for hackers to access user data.
- Complete anonymity. Users can trade without revealing personal details.
- Resistance to censorship. No central authority can restrict access or block the service.
- Pay-as-you-go pricing. Users only pay for the data they use.
- Ideal for cryptocurrency trading. These services are designed for secure crypto transactions.
However, decentralized VPNs still face some challenges. The main drawbacks include low awareness among users and limited functionality. Since the technology is relatively new, it may have some restrictions as it continues to evolve.
Top 5 Decentralized VPN Services for Crypto Trading
Let's take a look at the best tools available for anonymous and secure cryptocurrency trading.
#1 ExpressVPN
ExpressVPN has been a reliable service on the market for over 10 years. Its wide range of features ensures privacy and flexibility, making it suitable for both advanced crypto traders and casual users. ExpressVPN boasts a vast network covering more than 100 countries with over 3,000 servers, ensuring secure and anonymous trading from anywhere.
#2 Surfshark
Surfshark quickly gained popularity and became one of the most sought-after VPN services. Its extensive feature set, user-friendly platform, and easy-to-navigate interface make it a top choice for traders. Surfshark is known for its high speed and stability, making it ideal for both experienced traders and beginners looking for secure solutions.
#3 Sentinel
Sentinel is a decentralized ecosystem with its own VPN service, available exclusively for Android users. The service uses its own token, $dVPN, which can be purchased and staked for earnings. Users can select their preferred country and connection type from over 3,000 available nodes. Reviews indicate that Sentinel is stable and reliable.
#4 Proton VPN
Proton VPN offers a commitment to privacy, as its developers emphasize that "your data belongs to you and only you." Known for its reliability and security, Proton VPN is favored by traders for its high-speed performance. It supports multiple operating systems, including Android, iOS, Windows, MacOS, Linux, and Chromebook.
#5 Mysterium Network
Mysterium Network is another decentralized ecosystem that allows users to quickly connect to various network nodes worldwide. It is popular for its stable connection, fast speeds, wide node selection, and affordable pricing. Users can pay with cryptocurrency, credit card, or PayPal. The app is available for all devices, and users can choose from nodes in over 100 countries to ensure secure and private trading.
Conclusion
Decentralized VPN services represent the next step in secure information technology. By using these services, users can trade cryptocurrency with confidence, knowing that their personal data won't be stolen, misused, or handed over to regulators without their consent. As these services continue to grow, they will likely become a staple in ensuring privacy and security in the crypto world.
If you want to learn more interesting facts about crypto then check out our blog! You might like our articles “Exploring Best Ways to Earn Free Crypto” and “Smart cities of the future: how can crypto help?”.
