How to Secure NFTs Using VPNs and Password Managers
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Non-fungible tokens (NFTs), despite their notoriety, are still widely popular. NFTs are digital pieces of art that people buy and sell online using blockchain technology. So naturally, as it often is with popular things, scammers and thieves started looking for ways to abuse the system. That’s why it is important to know how to protect yourself from online threats, choose a safe wallet and marketplace, and find additional security measures.
Choosing a safe marketplace and wallet
Only choose known and reputable NFT marketplaces. Yes, major NFT marketplaces suffer from data breaches from time to time (OpenSea lost 254 tokens in a data breach), and you might think that a lesser one will not attract cybercriminals. But small marketplaces are even less likely to invest in serious security measures, and it only takes one cyberattack to lose your money.
The same goes for your crypto wallet. Do your research, choose carefully, and make sure to get one that offers extra security features, like strong encryption and 2FA.
Using a VPN when trading NFTs
All NFT trading happens online. And a VPN is the best way to secure your data when browsing the internet. It encrypts your connection by creating a secure tunnel for your data to travel through. This way, no one can see the websites you visit or the information you send out and receive. When you connect to a remote VPN server, it also gives you a brand new IP address in your chosen location, so your real IP and identity stay hidden. All of this means that it’s extremely difficult for cybercriminals to identify or track their potential victims.
Some VPNs offer additional security features, like a kill switch, which will terminate your internet connection immediately if it becomes unsecured. This will guarantee that none of your sensitive data will be unencrypted and in danger. There are VPN providers that offer special VPN servers for added security. Like obfuscated servers, perfect for bypassing any restrictions, or double VPN servers that encrypt your connection twice and make it twice as hard for third parties to track you down.
Using a password manager when trading NFTs
When you deal with financial transactions online, good password hygiene is a must. Your password is essentially the only thing standing between cybercriminals and your money. So you must have strong and complex passwords and a way to store them safely. After all, you can’t be expected to remember long strings of random letters and numbers — and using regular words as passwords is out of the question.
Opting for a premium password manager will give you that additional peace of mind. You can generate complex and unique passwords for all your accounts and store them safely behind a wall of encryption. It will also allow you to share them securely. Furthermore, some password managers will automatically notify you if any of the services you’re using is breached, so you can act immediately and secure your accounts.
Using an antivirus when trading NFTs
Having additional security software to protect you from malware and fake websites is a good idea, even if you’re not into NFT trading.
Cybercriminals are very creative, and one targeted phishing attack could be all it takes to land you on a copycat website that looks exactly like the marketplace you often use. But in reality, it’s an elaborate scam set up to steal money or trick users into giving away their login credentials.
Some VPN providers offer malware protection features with their VPN services, so you don’t have to download separate software or buy a subscription.
Choosing a VPN provider
Whether you’re trading NFTs or not, if you want additional protection online, we recommend using NordVPN. It’s a premium VPN provider with all the additional features you might need.
- Specialty servers. NordVPN offers obfuscated, double, and Onion Over VPN servers to perfectly match your needs.
- Blazing speeds. Thanks to the revolutionary NordLynx protocol and a massive network of servers, NordVPN offers the best speeds on the market.
- Malware protection. NordVPN recently introduced its Threat Protection feature, which acts as a lightweight antimalware tool, scanning your downloads for viruses, protecting you from landing on fake websites, and blocking trackers and malicious ads.
- Automated VPN connections. Set up your app to auto-connect and enjoy a secure connection at all times. There’s also a kill switch to terminate your internet connection in case anything happens.
- No tracking. NordVPN doesn’t track its users' actions online. And you can also pay for your NordVPN subscription in cryptocurrency to minimize your digital footprint.
- 24/7 support. If anything ever goes wrong, NordVPN’s support agents are online round the clock to help you solve it.
Choosing a password manager
When it comes to password managers, the Nord family also has something to offer: NordPass. It’s a premium password manager with all the functionalities you need to keep your passwords safe.
- Easy to use. Create and store complex and secure passwords with a few clicks.
- Safe. Your password vault will be protected by state-of-the-art xChaCha20 encryption.
- Share securely. With NordPass, users can share their login credentials with trusted contacts safely.
- Breach scanner. You’ll be notified immediately if one of your accounts ends up in a data breach.
Take care of your online security
Many different dangers lurk online. And while you might avoid most of them by using common sense and being careful, it’s best to have some tools to protect your data in case you do get tricked. Cybercriminals are always looking for ways to improve their scams and steal your money. So it’s important to stay one step ahead of them — and NordVPN and NordPass are a perfect duo for that.