How to Increase Your Crypto Privacy

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Privacy and security are something most everyone will agree they want but don't have much of nowadays. For those entering the realm of digital currency, privacy and security are to be expected to some degree, but that isn't just up to the provider. The user also has to do their due diligence and help protect themselves. Back on the 19th of April, GODcoin Tweeted an article that suggested 5 ways to protect your privacy when it comes to cryptocurrencies.

1. "Use a VPN"

A VPN will provide an added layer of privacy when logging into exchanges as well as masking the IP address associated with Bitcoin transaction relays.

2. "Separate Your Regular Email From Your Crypto Email"

3. "Stop Reusing Addresses"

More than half of all bitcoin transactions involve addresses that have previously been used. Creating a new bitcoin address is free, instant, and provides an immediate privacy boost. If the wallet or platform you’re using doesn’t allow you to create a new address at will, stop using it.

4. "Keep Your Keys and Codes Offline"

5. "Always Be Shuffling" [Coin Mixers]

If more people ran their coins through tumblers before withdrawing them to hardware wallets, bitcoin would become significantly more fungible, and blockchain forensics companies would suffer a major blow.

There are other ways to keep your crypto privacy, but it all requires making smart decisions. Posting too much on social media or telling too many people about your investments are more than likely going to end up as public knowledge and potentially in the wrong hands. When it comes to your financial decisions in the digital world, your chances for losing your privacy and security become a risk, but there are always ways to mitigate those risks. Be sure to check out GODcoin on Twitter for more useful articles and resources as well as up-to-date news on our own Crypto development. Stay tuned for exciting updates!

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This article was authored by Judith Monte, @belovebelight

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