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Author Topic: Is it a good idea to use a VPN for trading on Exchange?  (Read 14252 times)

Offline cryptopapa2346

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Re: Is it a good idea to use a VPN for trading on Exchange?
« Reply #90 on: July 07, 2022, 08:00:58 PM »
i think it depends on your region because some exchange has banned some regions for no trading users will use VPN for that exchange to trade there

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Re: Is it a good idea to use a VPN for trading on Exchange?
« Reply #90 on: July 07, 2022, 08:00:58 PM »

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Re: Is it a good idea to use a VPN for trading on Exchange?
« Reply #91 on: July 08, 2022, 12:26:04 PM »
i think it depends on your region because some exchange has banned some regions for no trading users will use VPN for that exchange to trade there

There are many companies (every day more) that offer VPN services, and fortunately not all of them are prohibited, much less the best known. It is totally legal to use VPN for our connections, the problem that users may have later is when the exchange requires going through the KYC process, at that time they could block our account when they see in our personal documents that we reside in a country that they do not admit for political and anti money laundering reasons.
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Offline cheezcarls

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Re: Is it a good idea to use a VPN for trading on Exchange?
« Reply #92 on: July 10, 2022, 11:46:33 AM »
Unless your country is one of those who banned Binance or any other exchanges, therefore VPN is necessary. However, it is also a double-edged sword where exchanges might not be tolerating users who are using VPN even if it means if their country is banning Bitcoin and cryptocurrencies by blocking these websites of the exchanges.
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Re: Is it a good idea to use a VPN for trading on Exchange?
« Reply #93 on: July 25, 2022, 09:09:44 PM »
i think it depends on your region because some exchange has banned some regions for no trading users will use VPN for that exchange to trade there

VPN  is good solution if your country ban exchange such as binance or other.
But You should use paid VPN, don't use free VPN.
It's risky.
Be careful.

Offline densus88

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Re: Is it a good idea to use a VPN for trading on Exchange?
« Reply #94 on: September 04, 2022, 09:24:57 PM »
I follow my trader and want to start copying him. The platform where he trades supports Binance exchange only. Is it risky to deposit money on an exchange account using a VPN? Can I be banned or froze and how can the exchange track me and use this data to ban my account?

Please share your experience and give me an advice

Copy trading platform - coinmatics
Exchange - binance

If you want to use VPN for trading on exchange, I think you should use paid VPN.
Because free VPN is not safe to you.
You will lose your asset if you use fake VPN. Be careful
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Offline I-Bit

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Re: Is it a good idea to use a VPN for trading on Exchange?
« Reply #95 on: September 04, 2022, 11:57:58 PM »
Actually, using a VPN for trading is quite risky. Because this may be against the T & C of the exchange platform itself. But if this happens because we cannot visit the site without the VPN, we may use it as long as our country is exactly not in a restricted. Additionally, we can use it but not a free VPN, better to use the paid VPN.

Offline Osama Sultan

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Re: Is it a good idea to use a VPN for trading on Exchange?
« Reply #96 on: November 22, 2022, 12:04:22 AM »
Is it risky to deposit money on an exchange account using a VPN?
Dont do this i would not recommend this because of many users unconsciously open their exchange account and their account may frozen or they blocked by exchange , Don't play with your funds and when any exchange bans your KYC verified account then you would not verify any other account with your documents ,

              STAY SAFE

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Re: Is it a good idea to use a VPN for trading on Exchange?
« Reply #96 on: November 22, 2022, 12:04:22 AM »


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Re: Is it a good idea to use a VPN for trading on Exchange?
« Reply #97 on: December 07, 2022, 04:45:26 PM »
Actually, using a VPN for trading is quite risky. Because this may be against the T & C of the exchange platform itself. But if this happens because we cannot visit the site without the VPN, we may use it as long as our country is exactly not in a restricted. Additionally, we can use it but not a free VPN, better to use the paid VPN.
I think using a VPN to trade at a casino is an unnecessary thing to do because by using a VPN program all the access you have is known by the VPN developer, you have to be careful even when using a VPN, and of course using a VPN for long term would be very high risk.

Offline Bliznec

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Re: Is it a good idea to use a VPN for trading on Exchange?
« Reply #98 on: December 11, 2022, 08:38:10 AM »
I do not use VPN to trade on crypto exchanges. In my country, all crypto exchanges are open and accessible. There is no need to use a VPN. Once I tried to use VPN, the data transfer rate is very low.

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Re: Is it a good idea to use a VPN for trading on Exchange?
« Reply #99 on: December 16, 2022, 01:34:09 PM »
You can use a VPN and make sure the exchange account you have is using 2FA and a complex withdrawal password

I've used a vpn for a few Cex exchanges, I haven't had any issues, but I mostly use a DeFi platform for trading.

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GAMEFI  ◼  NFT  ◼  DEFI  ◼  CURRENCY TRADING
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.FOREX..TRADING FROM $1.
 
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Offline Maaz Sultan

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Re: Is it a good idea to use a VPN for trading on Exchange?
« Reply #100 on: December 16, 2022, 05:03:18 PM »
In my case, it is a must to use a VPN if you want to access Binance. So far, I have no problem accessing an exchange like Binance by using VPN. I think it isn't a mistake, except if your country is prohibited to access and join the exchange. It depends on the problem itself, as long as we don't break the rules or regulations, it is always okay to use a VPN for trading or accessing an exchange.
I don't think utilising a VPN is a smart idea if you're using an exchange to hold your money because it might lead to issues down the road. It would be challenging to be confirmed with your own country if your account was restricted and they told you to verify it while you are using a VPN from a different country.
Everybody starts from 0 but if you work hard you will become legendary.
(apply this on the forum)

Offline Tolyk

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Re: Is it a good idea to use a VPN for trading on Exchange?
« Reply #101 on: January 15, 2023, 02:12:42 PM »
If you can't access the exchange without a VPN, then it's a good idea to solve this problem.

Offline maxfalton80

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Re: Is it a good idea to use a VPN for trading on Exchange?
« Reply #102 on: February 22, 2023, 07:00:55 AM »
Yes! Using a VPN to trade on the exchange is an important security measure that can help protect your data and identity. A VPN will encrypt your connection and prevent third parties from monitoring or intercepting any of your online activity, which can be especially beneficial when trading sensitive financial information. Additionally, it allows you to access different exchanges around the world without having to worry about geo-restrictions.
« Last Edit: February 27, 2023, 11:44:59 AM by maxfalton80 »

Offline chongjasmine

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Re: Is it a good idea to use a VPN for trading on Exchange?
« Reply #103 on: February 24, 2023, 05:49:50 AM »
It is up to you whether or not to use vpn. I generally don't. That is just me, though.

Offline Cynthia67

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Re: Is it a good idea to use a VPN for trading on Exchange?
« Reply #104 on: March 01, 2023, 07:03:12 PM »
I personally use vpn all the time. In my opinion, using a vpn in cryptocurrency exchange is a very important factor. Because it is one of the main means of protecting you and your data. After all, there are many hackers and data leaks on the Internet. Personally, I use newbie deactivated link:https://nordvpn.com/download/windows/ [nonactive] this is a good vpn for a moderate price.
« Last Edit: March 03, 2023, 03:31:19 PM by Cynthia67 »

 

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