The cryptocurrency market has gained great fame worldwide, especially in recent years, and transaction volumes have increased. Large amounts of money movements attract the attention of hackers and cybercriminals who do not want to miss this opportunity by taking advantage of security vulnerabilities. If you are dealing with this business and do not take your online security seriously, it is only a matter of time before you fall into the network of robbers.

Due to the cryptocurrency market's lack of legal infrastructure, it is a much less likely environment for hackers to get caught. Large financial institutions such as banks may seek assistance from governments if they incur losses as traders increase their transaction volume. However, the cryptocurrency market does not have such an advantage. If your money is stolen once, it seems unlikely that it will come back.

Some security threats to be aware of when making cryptocurrency transactions: Ransomware, phishing scams and lack of anonymity.

Thanks to ransomware, some of your files are encrypted and held hostage, and the hacker who injected the software does not decrypt the password until he gets what he wants from you, namely the money.

In phishing scams, cyber attackers direct you to links you should not click. So you should not open suspicious emails or links.

When Bitcoin first appeared, anonymous trading was possible, but this is no longer the case. Most exchanges ask you to open an account and verify your credentials. Considering the pressures for legal regulations, we can say that it is not possible to be anonymous in the cryptocurrency market.

The way to be safe as long as you make transactions in your electronic wallet is to use a VPN. VPN is a privacy tool and hides all your online activity. Apart from this, VPN services also include many features that will be useful for crypto traders.

You can change your IP address by connecting to a server abroad. This way, someone trying to spy cannot link your personal address to your crypto wallet address.

If you use a free VPN service, your traffic history and data may be sold to third parties. That's why you should use a VPN service that clearly advertises its no-logging policy. This way, your data belongs only to you.

It is important that the VPN service you use actively blocks pop-ups and malicious ads to prevent malware from infecting your computer.

Using a VPN is one of the most effective ways to not worry about your security when trading cryptocurrencies, and AvalonVPN is the best service you can choose for this.

• Business
• Privacy
• Security
• VPN