Cryptocurrency Trading and Privacy Quiz

Questions and Answers

Email address

They are anonymous

To avoid exposing their location

Blocked websites Signup and view all the answers

Virtual Private Networks Signup and view all the answers

Ability to mask IP address Signup and view all the answers

NordVPN Signup and view all the answers

Set your location to any desired country Signup and view all the answers

High latency Signup and view all the answers

ExpressVPN Signup and view all the answers

Study Notes

To trade cryptocurrencies, you first need to open an account with a crypto exchange or brokerage.
Some standard information you need to provide when opening an account includes your email address, date of birth, and Social Security number (in the United States).
However, no personal identification is required for No KYC DeFi Crypto Exchanges, which makes such DEXs very popular with crypto enthusiasts.
Many cryptocurrency traders value their privacy and opt to keep their public IP addresses private for fear of exposing their location and other pertinent information.
Moreover, some countries will block the usage of their websites based on a user's location, essentially blocking traders from using their platforms.
VPNs offer a standard solution providing privacy and security for crypto traders.
VPNs allow you to mask your IP address and set your location to any desired country.
NordVPN or ExpressVPN are the best VPNs for traders, as they both support incredibly high speeds and connect automatically upon receiving an internet connection to avoid revealing your IP address.