What are the risks of not using a VPN when trading on BitMEX?
gaurav bhosaleDec 27, 2021 · 3 years ago3 answers
What are the potential risks and vulnerabilities that traders may face when they choose not to use a VPN while trading on BitMEX?
3 answers
- Dec 27, 2021 · 3 years agoNot using a VPN when trading on BitMEX can expose your trading activities and personal information to potential hackers and cybercriminals. Without a VPN, your IP address is visible to others, making it easier for malicious actors to track your online activities and potentially launch attacks against you. It's important to protect your privacy and security by using a VPN when trading on BitMEX or any other cryptocurrency exchange.
- Dec 27, 2021 · 3 years agoTrading on BitMEX without a VPN can also put your funds at risk. Since your IP address is not masked, it becomes easier for hackers to target your account and attempt unauthorized access. By using a VPN, you can add an extra layer of security to your trading activities and reduce the chances of falling victim to hacking attempts.
- Dec 27, 2021 · 3 years agoAt BYDFi, we highly recommend using a VPN when trading on BitMEX. Not only does it protect your privacy and security, but it also allows you to bypass any potential geo-restrictions that may be imposed by your country or region. With a VPN, you can access BitMEX from anywhere in the world and trade with peace of mind.
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