The Best VPNs For Buying And Selling Ethereum In May 2021
Throughout 2021, the crypto market has experienced a huge bull run. Bitcoin and Ethereum have both reached heights the cryptocurrencies have never seen before.
With so much money flowing into the market, interest in crypto currencies has never been higher. While prices are still highly volatile, it’s hard to argue with the 800% increase the top crypto currencies have experienced this year.
With that in mind, it’s crucial to consider your privacy and security when it comes to buying cryptocurrencies like Ethereum.
Using a VPN can help ensure your privacy and anonymity when making any online purchases. A good VPN can also minimize transaction speeds and bottlenecks caused by connection issues.
Making Secure Ethereum Transactions
A VPN, or Virtual Private Network, works by encrypting your network activity. Only you and the provider are privy to your network activity. A VPN disguises your IP address which protects you from external threats and allows you to have a secure connection.
This is incredibly beneficial when it comes to purchasing cryptocurrency.
In most cases, a user will need to sign up to an exchange and provide personal information in accordance with local laws and regulations. For example, if you’re located in Canada, you’ll need to use a Canadian exchange.There are many you can choose from but in order to pick the best exchange you might need to check out sites like Coin Companion Canada. Once you pick an exchange, it’s important to maintain your privacy. Using a VPN can help ensure that you remain anonymous and protected from third parties.
The Best VPNs For Ethereum
NordVPN offers ES-256 encryption, kill switches, DDoS protection, and various other features. They provide thousands of secure, international servers, along with P2P servers. NordVPN is also cost effective, making it one of the best VPNs for Ethereum.
ExpressVPN is another great choice for buying and selling ethereum. They offer a professional and reliable service with unlimited bandwidth and speed. They offer servers in more than 145 countries with military grade encryption. This is a great service for anyone looking to buy crypto with extra security.
Surfshark is an award winning service that offers comprehensive protection from hacking, malware, identity theft and more. Connecting to a reliable server is easy as they offer an incredible 1700 servers in more than 60 countries. They also allow you to make payment in crypto, including bitcoin and ethereum making it a great choice for your cryptocurrency purchases.
The Future Of Ethereum
While we are not financial experts, and are not offering financial advice, it’s worth discussing the future of ethereum. While currently there’s a lot of hype around the crypto market, ethereum and blockchain technology have the potential to bring huge changes to society.
While it’s more famous counterpart, Bitcoin, in simple terms, acts as a store of value (think digital gold), ethereum can be thought of as a platform, similar to the Internet. In other words, Ethereum is much more than a currency. The Ethereum blockchain allows for decentralised apps, or Dapps to be built on the network, which opens up huge possibilities in a range of sectors. With so much growth potential, ethereum is an interesting space to watch.
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