Is my personal information protected while using cryptocurrency?

[Brushless4500KV 4214]

To start working with cryptocurrencies and wallets, you don't necessarily need to offer your personal information to third parties. Although some online wallets may ask your name and address, there are also lots of other wallets which require nothing to run (just a simple installation and you are ready to transfer coins!). The only thing those wallets have access to is your IP. So, when you haven't offered them your personal details, there is not much to worry about. However, if you want to use wallets in which KYC is required, then you have to think about protecting your info by increasing your security.

[Rituu 224]

Yes. I think it too. Crypto currency don't store our personal data. But if we create any account in fake site then our personal data may be stored. We should always keep alert about giving our personal data in any site. We shouldn’t do any kyc on fake project too.           

[shawon12 335]

Of course I agree with you.  crypto is a very popular earning website. Many people work here every day.  Our personal information is always secure when using cryptocurrency. And we have many passwords to create crypto wallet and our account is safe.

[lharost 1526]

Yeah, that's the whole point of cryptocurrencies.

 

They're trying to remove any need for verification that requires any sensitive information from the users and instead just make use of what's necessary which are private and public keys.

 

And because all the information about transactions are merely codes and information that can not be connected to any user personally, then even those information that are being placed on the blockchain as a record can not be used against anyone in any way.

Edited December 20, 2020 by lharost

[Joseph J 608]

Well that will depend on the platform our data (information) is protected if it is a secure platform that protects the information of its users while they use crytocurrencies, if they request KYC, investigate that exchange well before registering that it meets a good reputation. and do not share your private keys or password with anyone that way your personal information will be safe.

[Sarfraz008 557]

We need to believe you're included. We input with many passwords. Like KYC. But we do not recognise how safe the servers of the exchanges are. We realize that a inventory alternate was hacked lately. Therefore, it is recommended to apply a chilly wallet.

[Tariq kh 442]

Cryptocurrency is a high safe and Secure Platform, here you have no tension of your personal information.The crypto is to be used by a member who work to earn money, but this security security also works and it was a great opportunity to take knowledge. So while working on this forum, You don't need care about your personal information and security 

[HasFahd 500]

That's true, yobit would not share any of it members personal information to any other user, it is fully secure and well coordinated just like other exchange site, we shouldn't pannick thinking our account is not safe .we should have believe in yobit, many have assured that it has lot of potential to become one of the best exchange site in the future

[Abbas2.0 812]

Yes friend. Why not. Your all person information will be safe if you are using crypto currency. If you have used correct wallet like trust or any other then don't be afraid. Your personal data will be safe.

[Sharif4847 277]

Agree with your opinion, cryptocurrency should refrain from giving out its personal information for any purpose, because leaving the information to scammers can cause a lot of damage.  To work with crypto, good sites do not have to provide such information, which will cause problems, but most fake sites want KYC.  In order to protect personal information, everything must be kept confidential.

[Olivia Joseph 0]

Yes i think our personal information's are not visible for other. Also make sure your wallets does't ask for any kind KYC . After doing KYC our information's will be shared with them. There are lot of wallets ask for KYC details and some may be not safe or it will be fake also.

[Baba g Sialkot 527]

This is the mystery of the accomplishment of virtual monetary standards, and what will make them more fruitful and force them in the coming a long time on nations, and they should utilize them in their trades beyond question.

[Saraahmed 104]

Yes i think your personal information are protected while using cryptocurrency .If you do not click on any useless site then your all informations are safe if you click on many website then crytocurrency and informations are not safe .

 

[Maxk2324 436]

Your personal information is very well protected in the crypto world when you make use of the correct wallet. But it also depend on the site you use. If you use a fake crypto site then Know that your information is at stake. But rest assured that your information here on cryptotalk is safe

[Himu__69 632]

Of course, our personal information protects crypto. Crypto is very aware of spammers and hackers. They are always trying to figure out how to protect themselves from hackers and spammers.They are increasing their protection day by day. It's getting stronger. So you can be sure of your personal information. But of course you should not share your Gmail or anything else.

[Zaman222 415]

Yes of course. A member personal information is surely protected while using cryptocurrency as long as one don't share his or her personal information with anybody. CryptoTalk and Yobit are also fully aware of high rate of spammers and they are always security cautious of their site to make we members save from spammers. So all we need to do is to keep our personal information safe to ourselves alone.

[Maxk2324 436]

there are very safe wallets in the world of cryptocurrencies, I recommend using well-known and trusted wallets. Metamask, Truswallet, Tronlink, Coinbase, Binance are exchanged but you can also save your coins. If you work with these platforms, your coins and your personal data will be safe

[Asim Ahmad 191]

On 10/9/2020 at 4:43 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.

Yes man your absolutely right that our personal information and our money is 100% safe here on cryptotalk yobit. Bitcoin is highly secure money on internet as it protects our personal data and our money from scammers.

[Omranoura 171]

Trust me when it comes to hacking, it is sufficient for the hacker to connect to the Internet and the remaining details about encrypting your data or anything else, as there is always some vulnerability for the penetration

[Malik9532 1276]

Yes my friend  your personal information is safe while using crypto currencies . But some wallets give your personal information such as KYC verification . You can use youbit exchange and trust wallet  .

[Ayyazcodsc 246]

Yes, you are working on  good form, your data Safe in every way . Just you will try avoid scammers And avoid opening any link without reason . And try and focus on your work .

[SimKyubok 27]

Yes the cryptocurrencies are a great way to protect your privacy. There is no risk of getting your identity exposed while using the cryptocurrencies.

[SatowKuemon 28]

Yes you personal information is protected while using the cryptocurrencies because it uses a random wallet address instead of your real name so you do not have to worry about your personal information.

[Adavance 461]

It depends on where you provide your personal data, because some pages are responsible for scamming or deceiving and defrauding users and it is not very trustworthy, the truth is I do not like many pages that lose identity because that is something very delicate, it can be done but they have to be very serious pages.

[Techman 197]

It's protected and safe just bear with them and be working every day earning talk coins saving them for future opportunities that you may engage yourself to boost and expand your earnings means not depending on single source