It is not supported by any legal authority like the financial regulatory authorities or the government.
Some pointers like using a secure wallet, being wary of fake exchanges, phishing emails, malware, and hackers are a few of the preventive tips to avoid being scammed while trading in Bitcoin.
To maintain the anonymous identity VPN offers features mentioned below, namely, ‘No log’ and ‘Kill Switch’.
‘No Logs’ feature, like the name suggests, does not log any previous websites, downloads, streams, and Google search.
Though most crypto exchanges use end-to-end encryption for data protection, VPN provides enhanced security.
Trading requires continuous connectivity to a trading app like Coinbase due to which traders sometimes opt to use public wi-fi.
It is implied that no VPN can provide complete foolproof protection from Malware, hackers, and viruses during trading.