Is my personal information protected while using cryptocurrency?

[MD ARIFUL HASSAN AKASH 146]

Yes, it is! Cryptocurrencies don’t save any personal data about the owners of electronic wallets. Attack-proof encryption crypto algorithms are used by the system that excludes the threat of access to electronic wallets by third parties as well as forgery of electronic accounts. Bitcoin and other currencies are strongly protected and completely anonymous. Yobit.net doesn’t pass and doesn’t distribute any information about the users of the service in any way.

[hsa0188049 213]

This is if you use the correct wallet .. There are many cryptocurrency wallets on the Internet .. you must choose the best one, and in my view, the blockchain

[alein 49]

We want to believe you are protected. We enter with many passwords. like KYC. But we do not know how safe the servers of the exchanges are. We know that a stock exchange was hacked recently. Therefore, it is recommended to use a cold wallet.

[criistianinDP1 64]

That depends a lot on what platform you use, if they ask you for KYC and fill out forms, No! But when it comes to sending money with cryptocurrencies, it is 100% safe!

[calongtong28 34]

Yes, if you do not reveal your information on these exchanges, or KYC on scam exchange, your information will be protected.

[Martin2525 97]

 

It is true that they have a high level of security, but there is a certain risk of experiencing attacks again. Most of the wallets were attacked for that reason they have improved their security systems.

[hackynoway 89]

Your personal information, your data, your identity is protected but ... if you use a centralized wallet or an exchange that has your data then, you have passed a KYC they are the ones who have to protect your rights, or so it should be.

[Marco Goncalves 78]

The objetive of every crypto is protect the information of the users, if you pass KYC in the wallet that you use, they have to secure your information

[elnegri 114]

11 hours ago, MD ARIFUL HASSAN AKASH said:

Yes, it is! Cryptocurrencies don’t save any personal data about the owners of electronic wallets. Attack-proof encryption crypto algorithms are used by the system that excludes the threat of access to electronic wallets by third parties as well as forgery of electronic accounts. Bitcoin and other currencies are strongly protected and completely anonymous. Yobit.net doesn’t pass and doesn’t distribute any information about the users of the service in any way.

It is protected if it is provided in suitable sites since if it is used in pages with little reputation and also that have been released for a short time, if it is used in a wallet, things change since it provides good protection, of course, if the wallet has an excellent protection and also do not ask for so much personal data therefore everything would be fine.

[ekraali 32]

We want to believe you are protected. We enter with many passwords and its very safe

[nana1607 42]

It is difficult to think that we are 100% as some lend themselves to steal information and cheat with them.

[HICHHH01 62]

This is the secret of the success of virtual currencies, and what will make them more successful and impose them in the coming years on countries, and they will have to use them in their exchanges without a doubt.

[Robrey17 262]

 

Indeed it is, but if you share your personal data for kyc requirements, for example, then no.

[sukoe 106]

Your personal information is protected when using cryptocurrency and remains anonymous and the exchange platforms are mandated not to pass any information.

[hhichem 54]

Of course it is protected, but if the site or platform is reliable, reputable and popular because there are sites that steal your information and sell it for espionage purposes

[wassim19 645]

I think cryptocurrencies protect personal information in the best security way, because they protect users from piracy and hacking, and that is one of the most important features of digital currencies.

[Mwangi 5611]

I think anonymity in crypto currency is top notch there is no way you can get into a problem with information because its even tough to even trace where the address is , but the problem with this would come in from the address holders,say the wallets and the trading stations or brokers, they must keep the addresses and funds safe because all you have to do is copy and paste and thats it

[Irungu 4299]

Well with the way we are suppose to be anonymous while using bitcoin , its easy to state that your coins are safe with the address makes its imposible to know what is held where but there is one loop hole , you can lose your coins from a poorly secured wallet , there could be people who can come in and take everything that you own so you ought to be very careful with that.

[VijithaVarghese 1994]

Yes the personal information is protected by the site .It assures good safety and prevents our accounts from being hacked and misused no complaints have been heard about the issue. The right way can earn you good money and make sure you don't do fraud.

[GM266 673]

Cryptocurrencies are the safest way to work online or to use it online. The currency is used actually to do any works as we do using flat currencies. So there is no risk until we share our passcodes to the unknown sites or unknown persons. We have to be careful about sharing any personal information. 

 

[Vimbiso 214]

Yes the personal data is protected but       while crypto exchange hacks seem to be dying down, personal data breaches are still a frequent occurrence. The security of custody measures on digital assets platforms has been a huge matter of concern for several years, and rightfully so. These days, large-scale cryptocurrency exchange hacks are a relatively rare occurrence. However, as recently as last year and the year before, exchange hacks were relatively common. In 2018, $875 million was stolen in six major hacks; in 2019, an additional $282 million was pilfered in 11 hacks.

[Oscar Mejia 58]

In some platforms yes, in others not, that's why options such as trust wallet are the best, total anonymity, decentralization and ease of handling crypto assets.

[Edwin john 649]

Yes , our personal information are safe while we are using cryptocurrency because we don't need to give our personal information to cryptocurrency sites. The crypto talk forum  is very secure with the information of its users from piracy and hackers

[anamarycv 54]

It is important to have clear and precise information on the privacy policies of the main intermediation platforms (exchanges), which gives you the option of choosing the one that best suits your needs and above all for the level of security it offers. , to protect your personal information.

[Guru2050 8284]

💯% yes In this forum and yobit exchanger and other popular Crypto sites. But for the rest I think you need to be extremely careful and cautious while exchanging your details with the site to avoid fallen as a victim of scammers.

Be good in searching, investigating and  verifying just to confirm the legitimacy of the site.