With the boom of the various Digital Currency in the market, the curiosity to know more and more about the cryptocurrency is increasing. Along with the increase in the demand of the Cryptocurrencies, the security measures to encrypt the currency has also been increasing day by day.
As all these Cryptocurrencies are decentralized and independent of any government, the only way the transactions are being carried out is with the help of peer to peer network. Therefore, the only loophole that the hackers could find is on the internet platform. The selling and purchasing of the Goldencoin online using your local internet connection could be vulnerable as there are malicious groups which can easily track down all the activities of the buyers. There might be many things about goldencoin that you should know or may be ignoring it. Here we are providing the top 3 Privacy Enhancing Tips for the Goldencoin users.
Top 3 Privacy Enhancing Tips for the Goldencoin Users.
1. Proxy Servers:
When it comes to hiding your IP address, the most basic way is to use the proxy servers on your browser and mobile devices. With the help of proxy servers, we can hide our current location and can choose the IP address of any desired location.
Most of the proxy servers are free to use, but we would suggest you use the premium versions of the proxy servers while doing the buying and selling of the Goldencoin.
The main advantage of using the proxy server would be that it prohibits the tracking of the current location of the buyer.
So whenever, you are trading with the Goldencoin, always use proxy servers for the basic security. The top 2 proxy servers that we recommend are: SurfEasy and Tunnel Bear.
2. Tor Browser:
Tor browser is just another web browser, but it is more secure as it uses the multiple relays to mask your connection for monitoring.
The only difference between proxy servers and Tor browser is that the Tor Browser went through the series of proxies and the IP addresses may vary time to time.
Just like any other browser, it is an open source free browser but it controls the tracking of your current internet connection. You can think about using the Tor Browser for your future Goldencoin trading.
3. Virtual Private Network (VPNs)
If you have some budget for the security, then I would suggest you buy one Virtual Private Network. VPNs are the most secure way to enhance your privacy during any given online activity.
One of the major advantages of trading using the VPNs is that they are highly encrypted so as your Digital Currency, this way it would impose the double encryption on each of your transaction.
Moreover, the VPNs has the edge over Tor Browser and Proxy Servers; that is they protect your entire internet connection.
So, switch to VPNs, next time whenever you are going to do the purchasing or selling of the Goldencoin. You should keep in mind that owning a VPN would cost you around $5 to $15 a month.
Do Some Research
These were the top 3 ways to enhance the privacy when trading with your digital currency. Except these, there are many other measures which you should keep in mind to secure the online transaction like keeping your encrypted code private and more, so don’t limit yourself to these possibilities, you may find out other better ways to keep the privacy intact.
What else you do to keep your cryptocurrency trading safe? Let us know in the comment section below.
