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MD ARIFUL HASSAN AKASH

Is my personal information protected while using cryptocurrency?

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I heard mostly that in kyc your data may not be protected but they don't share or trace you data in any other forma like sending or receiving so there are doubts but may be someone else with more experience can explain it with alot more information. 

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There are many people who care about their personal information, but the good thing about cryptocurrencies on decentralized platforms is that we do not have to go through the risk that they will use our identity because they do not require such a requirement and it is what I like the most about cryptocurrencies unlike fiat money.

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we feel like think about you're shielded. we have a tendency to get in with passwords. take pleasure in kyc. except we tend to do not know how uninjured the general waiter of sensational trades will be. our own selves know stock exchange became confront currently. therefore, it is suggested to exploit a chilly notecase.

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Cryptotalk privacy policy is very authentic and the site itself cannot share its members data. It doesn't need email password, Facebook password.Nobody can hack your accounts. 

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Just as we need to be anonymous when using Bitcoin, it's easy to claim that your coins are safe with the address. It's impossible to know what's going on but there is a loophole, you can lose your coins. From bad and secure wallets some people can step in and take yours so you have to be very careful.

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I do not think that you should always pay attention to your personal information and otherwise because there are many fraudsters who steal and crack accounts

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Many of the sites require you to give your kyc confirmation many of the persons do not like to hive their kyc confirmation whether they are afraid of scamming or they have some threats of their black money trail so if you are working on a kyc demanding site as far as i know all your assets and personal informations are protected and secure there 

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In some platform I think your personal information is protected even on this forum but I think you still need to be conscious with every body on terms of sharing your personal data for help. 

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I just recently joined crypto but after joining I didn't face any kind of problem with my personal information. I think this side is safe for us and it protects our personal information. But there is lots of wallet In the online so you have to be very careful before choosing any of those sites.

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Hello there friend, of course your personal information is protected while using crypto currency. It is also very important to protect your private keys emails and passwords.

Thankyou.

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First, you must choose the correct and reliable wallet. Enables so-called cryptocurrency wallets hidden or decentralized (platforms that allow users to own their own keys (which allow one to transfer money) instead of relying on a third party. Whether one needs protection from authoritarian regimes, data collectors, or criminals, the best way to ensure that sensitive financial data is not compromised is to avoid having to collect it in the first place

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Of course, our personal information is very well protected here. However, if we do not obey some things, someone can steal our personal information.  Such as not sharing our personal information such as daughter or password with any of us.  Do not enter any unfamiliar links.  But we will have personal information protection and we will be able to work well here.

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It all depends on the wallet , the trading site you use and different platforms. Bitcoin us such doesn't even allow the possibility of giving out the owner's name or any other personal information. You can chill on that part my friend. Just make sure that the sites and platforms that you use are well established and trustworthy. 

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Since digital currencies are decentralized, that is, they do not have an official, so they can track them or collect information about their user

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This is good to know and thanks for the good explanation, but we are not to trust so much anything about the personal details and not wallets or any website as these could be found if there are logs, no matter if the websites are willing to gave them, because we are see many often the authorities are break into websites and into buildings where they are based too. This I am say for the country that are banned Bitcoin, it is safe sometimes but always be on the lookout too.

Edited by Mella

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Hello! Yes, they have a high level of security but that is not why we should lower our guard against any error. But if you are in a centralized wallet you should bear in mind that they will already have your data there. But the function of cryptography is to keep the information of people or users well protected

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Hello, that's why they created cryptocurrencies, because the security is much better! But you should also be careful when storing your wallet keys or different things. My advice is to write down everything you can find and don't forget it. Because often things happen that in the end do not suit us.

Edited by maarcoferrer

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It is not save our personal information so it is well for us and protect our personal information on using cryptocurrency so we believe on this and not share our personal information to others in any platform.

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In my view I think that the safety will depend upon the wallet you uses. One thing I can assure you is that this platform is quite safe for preserving our email ids ,password . My personal suggestion is that please use yobit for the cryptocurrency transaction and all.It is safe. 

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Of course, I think that your personal information are protected in this platform. You are only giving your email ID to create an account in this platform. So there are no such issues reported, in my memory. I always feel safe while using this platform

Edited by taurus27
Spelling mistake

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Yeah I think that all our personal information will be protected. You are just signing in here using email ID. I feel 100% secure and safe in using this platform. Try to get out yourself safe from the scammers so that your account does not get hacked.

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Yes its true, it doesn't save your personal data, that's what makes this site much secure then other sites. But that doesn't means its 100% secure. 

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Yes my estemeed friend you are absolutely right about cryptocurrencies.We should protect while using the cryptocurrencies because cryptocurrencies don't save data about owner electronic wallet.So be carefully use it.

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Hello mate it is depend on you that which platform you used and if you use any safe platform then your personal information is safe and secure while using cryptocurrency. 

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