Using VPNs and Password Managers to Secure Your NFTs

29 Sep 2022

Cryptocompare may be compensated if you click a link on this story. All information contained within it is accurate at the time of writing. If you are unsure about your security, please consult a professional.

Even though the internet likes to laugh at non-fungible tokens (NFTs) and people who make or buy them, their popularity is still growing. NFTs are essentially digital art bought and sold exclusively using blockchain technology. Since all the buying, selling, and even the goods themselves are entirely digital, scammers started looking for a way to cash in on the craze. Learn how you can use VPNs and password managers to secure your wallet and purchases.

Choose the Right Wallet and Marketplace

Buy NFTs only on well-known and reliable marketplaces. Many people believe that lesser-known NFT marketplaces won't be targeted by cybercriminals, but anyone and anything can become a target. And while it’s true that popular websites are attacked from time to time, their security measures are much more robust.

The same thinking should be applied to crypto wallets as well. Choose a provider that’s been around for a while, has good reviews, and offers additional security for your account.

Why a Password Manager Is a Must

Your password is the first line of defense for all your accounts. If you’re too lazy to have a different password for everything, at least make sure that your most sensitive accounts (crypto wallet, marketplace, email, bank) have unique ones.

But today, there’s no reason to reuse passwords. Password managers have made it easy and convenient to generate, store, and fill long strings of random letters, characters, and numbers. So if your login credentials for an old Yahoo email account that you completely forgot about get leaked, you don’t have to worry too much — your other accounts are safe because each one has a different password.

Can VPNs Help Secure Your NFTs?

Every NFT transaction is made online, which means they can be snooped on and intercepted. And using a VPN is the best way to protect your internet traffic. It wraps your data in encryption, making it impossible for criminals to decipher — even if they manage to get their hands on it.

Your location could also be of some concern. If you like posting in online forums and social media, hiding your real IP and location might be a good idea. Connecting to a VPN will do it in a second  — you can get a new IP in every corner of the world and stay untraceable.

Premium VPNs come with extra features that keep your NFTs and payment data even safer. Like NordVPN’s Dark Web Monitor, which notifies you if your credentials are leaked online in a data breach — this way, you can act quickly and protect your accounts before it’s too late.

The Best VPN for NFTs

We’ve already mentioned NordVPN in this article — it is a leading VPN provider in the industry and offers the best speeds. It has all the features you could want for safe NFT trading as well as some you never thought you would need.

  • Cutting-edge technology. The AES 256-bit encryption algorithm scrambles your data so that even if it's intercepted, it all looks like a bunch of gibberish that’s virtually impossible to decrypt.
  • Zero-logs policy. NordVPN doesn’t track its users’ actions online, so whenever you use it, you are the only one who can see what websites you visit.
  • A wide selection of specialty servers. Traveling to a restrictive country? Use obfuscated servers to bypass internet blocks. Want to make your connection extra safe? Connect to double VPN servers and encrypt your data twice.
  • Protection from malware. This one is a major feature that sets NordVPN apart from its competitors. Their Threat Protection feature scans your downloading files for malware, and if a threat is detected — it deletes them before your device is harmed. It also prevents you from landing on known malicious or fake websites. This feature is particularly useful to have when trading NFTs. Cybercriminals can create copies of popular marketplaces, send out phishing emails, and have users log in to these fake websites with their real credentials.

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Getting the Best Password Manager for NFTs

We wholeheartedly recommend NordPass password manager as a great option for securely storing your passwords.

  • It uses zero-knowledge architecture. Only you know what you store in your vault. Your ISP, random snoopers, or even the developers will have no idea what your passwords, notes, or credit card numbers are.
  • It speeds up your browsing. Generate, autosave, autofill — these three simple functions make your life easier. NordPass will also save and autofill your address and contact information for online forms and credit card data.
  • It uses multi-factor authentication. Create an additional layer of security with an OTP generator, a Bluetooth device, or a USB stick, and make it twice as hard for someone else to take a peek inside your password vault.
  • It offers bulletproof security. NordPass encrypts your password vault with the XChaCha20 encryption algorithm with 256-bit keys. It’s fast and secure, hiding your passwords behind an impenetrable wall of encryption.
  • It has an app for all major OS. NordPass allows you to sync passwords across all your devices — you can securely share them with friends, family, or coworkers too.

Protect Your Digital Assets

You don’t want anyone looking over your shoulder as you enter your PIN at an ATM, do you? So don’t let snoopers spy on your transactions online. Protect your data and accounts with impenetrable encryption — use a password manager and a VPN to secure your assets.

To make it easier for you, NordVPN and NordPass now come as a bundle — make sure to check it out.

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