Crypto Payments Safety Rules

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Anonymity and privacy have become a very needed element of our online presence. But first, let’s answer the questions about how we share and store our files. Is our hosting service secure, private, and anonymous enough?

Anonymous VPS offers a truly anonymous hosting concept based on anonymous sign-up and untraceable cryptocurrency payments. Unsurprisingly, anonymous VPS has gained popularity thanks to the anonymous hosting plans it offers. However, even this anonymous hosting solution needs constant attention, especially when it comes to crypto payments.

Standard payment methods always leave a trail that can link these payments to end users. The same applies to crypto payments if specific steps are not taken. This article will explain the exact payment rules that make crypto payments impossible to track.

Crypto payments and privacy

The most popular and available cryptocurrency is Bitcoin.

But the fact is that Bitcoin is not as anonymous as you might think. It’s more accurate to say that Bitcoin is pseudonymous since all transactions are permanently written in the blockchain.

Every crypto transaction leaves a trail with details like transaction ID and the wallet address. These data are stored in the blockchain, a system for data storing that makes changes, hacking, and cheating difficult or impossible.

A blockchain is simply a network of computer systems that duplicates and distributes a digital record of transactions throughout the entire network.

Blockchain, or Distributed Ledger Technology (DLT), makes any digital asset’s history transparent via decentralization and cryptographic hashing.

Based on this fact, companies like Chainalysis might be able to identify the real owners behind these digital records. Bitcoin’s pseudonymity allows a certain level of privacy, but once the real person is linked to the crypto wallet, all transactions done by this wallet will point out to this person.

Keep your payments safe

Anonymous hosting is ideal for bloggers, investigative journalists, or whistleblowers to host their content anonymously. But anonymous hosting offers much more, making this hosting service ideal for any online project. Anonymous web hosting, anonymous image hosting, or any content might be hosted anonymously.

If you want to keep your privacy untouched, don’t underestimate the anonymity of crypto payment. Even payments done by crypto have some safety rules that need to be followed.

Prices of anonymous hosting vary and depend on your chosen configurations. Anonymous hosting is built on VPS (virtual private server) and uses virtualization technology, splitting hosted servers into several virtual machines. The word private indicates that all these virtual machines act independently, with strictly allocated resources such as vCPU, SSD, and RAM.

Thanks to an easy sign-up process that won’t require private details, you can get your anonymous hosting quickly and easily. The least personal information you provide, the least you expose your identity.

But your wallet might be the weakest point when it comes to payments and anonymity.

Here are some important rules to follow:

  • avoid associating your wallet with services requiring KYC process,
  • buy your Bitcoins anonymously,
  • for each transaction, generate a new wallet,
  • don’t use your wallet on smart devices.

It is clear why you shouldn’t connect your cryptocurrency wallet to services that comply with the KYC standards. Since Bitcoin transactions are pseudonyms, if your wallet identity is compromised, all of your previous transactions may be disclosed. Take extra caution when you provide your wallet’s information.

Buy Bitcoins anonymously to prevent your wallet from exposure, and never pay for Bitcoins by PayPal or credit card. Many platforms still let you buy Bitcoins anonymously using cash and other deposit methods. Be cautious about getting your cryptocurrency, and always use these anonymous services and platforms.

To keep your identity hidden, you should generate a unique Bitcoin address for each transaction you make. Additionally, you may use as many wallets as you need, making it hard to link your transactions together.

For some cryptocurrency investigation and transaction monitoring services, Bitcoin transactions might be more visible and traceable than typical bank transactions. Using your anonymous wallet from your smart device or broadcasting your transactions from an unsecured network is not recommended.

Therefore you could improve your privacy by using the anonymous Tor browser. Thanks to the Tor browser, your internet traffic is encrypted and redirected through a network of Tor nodes operated by volunteers, making it very hard to monitor or track your activities.

Additionally, using the anonymous operating system Tails is the safest way to access and configure your anonymous server. Tails is a special operating system that shields you from monitoring and censorship. Tails connects to the internet only over the anonymous Tor network. When it comes to payments, Tails offers one of the most secure and private built-in Bitcoin wallets, Electrum. Tails also has a built-in secure Tor browser.

In Conclusion:

The Bitcoin network is the world’s most extensive and robust network. Monitoring this network is becoming more problematic as it grows, but focusing on individuals remains still easy, especially in the luck of precaution.

By following the above-described rules and paying additional attention when using cryptocurrency, you will avoid jeopardizing the anonymity of your anonymous hosting account.

Interesting Related Article: “5 Tips For Increasing The Safety Of Your Cryptocurrency Holdings