Is my personal information protected while using cryptocurrency?

[Calvinpriva 17296]

I think the safety of our personal information depends on the wallet that we use. There are offline wallets, they store every of our details offline, but am not sure if our information are safe in all online wallets.

[juan vallez 185]

On 10/9/2020 at 5:43 AM, 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.

You have some anonymity with cryptocurrencies when you buy in exchanges that do not ask for your data with the KYC system, as is the case with yobit, but some exchanges that ask for your information can provide your information or be hacked and thus they will be able to access the information of the users of this type of exchange, so it is highly recommended to use yobit or a similar exchange that does not ask for your data if you do not want your privacy to be compromised

[Virgil dijk 1431]

Well we all know that cryptocurrencies is anonymous which is we don't give out our personal information when transacting, but in the recent times most exchanges requires KYC which carries alot about our personal profile, so for we to be on a safer side we should know the exchanges or sites which we give out our personal information to .

[Freeze12 83]

speaking of the cryptocurrencies themselves, your information is secure since none of them collects your information, but where you deposit them, maybe if for example there are some exchanges that ask for your personal information, it is usually called KYC, everything that connects The internet has the ability to collect your information so research the page or application / program you use.

[Omar Ommeish 4872]

If you use reliable, honest and popular platforms for everyone, your personal information will be safe, because there are many platforms that enjoy high credibility, but despite this, many people refuse to give any personal information about them.

[pablomarwan 3082]

There are great risks and a big debate about this. You here do not know what you will fear whether they are interfering in your accounts or that your information will be sold through those currencies. Cryptocurrencies are protected currencies, here it depends on the platform you are working on, is it safe or whether there is no trust in it. Do not expose your information to where it is because you do not know how you might be hacked.

[Roop 1108]

Yes,they do not save your account. They have high level of privacy and security  and you are safe to use them. But be aware of scam wallets.

[duncun007 3577]

2 hours ago, pablomarwan said:

There are great risks and a big debate about this. You here do not know what you will fear whether they are interfering in your accounts or that your information will be sold through those currencies. Cryptocurrencies are protected currencies, here it depends on the platform you are working on, is it safe or whether there is no trust in it. Do not expose your information to where it is because you do not know how you might be hacked.

well then the only thing you can do is be careful where you upload your identity and who will be handling it, because even a big exchange like binance was hacked and they lost thousands of people's identities.

[Moaz 7239]

I believe that protecting users 'personal information is one of the most important advantages of cryptocurrencies, as this information remains anonymous and it is not possible to know anything about you, and also your wallet address cannot be tracked despite hackers' attempts to penetrate crypto accounts.

[bino 3576]

Yes personal information are safe and protected. Its a matter of beimg responsible userd and a smart user. Cryptocurrency accounts are very well secured, just be vigilant and always protect on your own your account, avoid giving your other infos to other sites to prevent hacking and scammed by others. 

[malik6314193 5449]

This is up to you that which forum you use and give your information. Now mostly exchanges have KYC verification and we see that hackers attack exchanges and stole our data. So be careful while selecting any crypto exchange, any crypto wallet. 

[Harazimi 275]

in attendance are famous risks and a whopping contest about this. You at this juncture execute not make out come again? you will panic about whether they are interfering in your financial records or that your in order will be sold through folks currencies. Cryptocurrencies are protected currencies.
 

[Thekingcallme 1975]

You will maintain your privacy and your identity will be safe in the event that you use decentralized wallets and not those that ask for your identity, then your identity and your personal information will not be safe.

[Paul Zero 120]

First you have to understand what digital currencies are, who told you this nonsense, there is still a record on the exchanges on your transactions, if you do not use vpn, simply have it registered with them that you bought or sold, so do not say any nonsense.

[TimopheyKa 3900]

Yes, I completely agree with you! Because the cryptocurrency is anonymous, and we don't know for sure if anyone can follow us at all? After all, all transactions are performed in such a way that no one else knows about them, and therefore, this is completely trustworthy. Also speaking about hacking, this is quite a complex phenomenon, because cryptocurrency passes through thousands of addresses, and this causes difficulties!

[Msh9 84]

Yes, my friend, personal information must be protected and very confidential to prevent penetration and theft, we get into trouble, we lose capital, and our work is wasted.

[Ezra 630]

That's one of the advantage on the cryptocurrency why a lot of clients uses cryptocurrency for transfering of payment to the sellers because your sensitivity details will not require or disclose on this site. They will cover all your confidential information and usually in this some of the users didn't use credit card or cash instead they use coins for more securing. in crypto there's no many third party involved like brokerages in business matters its usually between the consumers and sellers only. 

[Neolance123 228]

On 10/9/2020 at 7:43 PM, 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.

This is a good thing to know and be shared. It is the good thing about cryptocurrencies and their decentralized nature which makes them more secure than actual stocks. However, we should also not forget to be weary and careful at all times to prevent identity theft on unsuspecting people from unsuspecting websites. 

[scorpiali 5626]

First the yobit exchange don't ask for any personal information or any kind of verification you need just your email and that's all,but other website ask for that and the majority famous exchange Wallet like binance coinbase are safe and your information is safe don't worry about that 

[Jonathan200321 880]

If friend rest assured that your information is protected while you use cryptocurrencies because if not they were protected people would not continue here because it would not be something safe for all of us that is why electronic wallets are still you have to be careful with that is according to which you put your money.

[Md shah 598]

Yes the personal information is protected by the site . cryptocurrency are the safest way to work online or to use it online .I think that there is no risk until we share our passcode to the unknown site or unknown person .I think that we have to be careful about sharing any personal information at the cryptotalk forum .

[Iman33 0]

I think that it is protected. You do not save any personal information about the owners of electronic wallets, but it is necessary to choose the best and most secure wallets, and blackchain is more protected than others.

[Syriana 350]

Of course, the personal information is kept and completely protected from theft and hacking, but you have to pay attention to my friend that the wallet you use must have a good reputation and known by many members

[Ummah97531 615]

Yes, basically! Of course I think this site is very secure in terms of personal information. Cryptocurrency is the safest way to work online or use it online. In fact, there is no risk in the forum unless you share your passcode with an unknown site or an unknown person.

[Nicole018 4548]

Cryptocurrency is just like any other security traded on any exchange. so you need not worry about your personal information getting confiscated by cryptocurrencies. Yobit is one of the most reputed platforms and it provides search safe and secure trading facilities to all the users. Hence I assure you that there is no need to worry about trading in yobit platform. Always keep an eye out for any kind of fraud or scams.