Don't use Coinbase with a VPN - page 2.

ABCbits

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Quote from: DYING_S0UL on December 03, 2024, 08:42:41 AM

How am I supposed to know whether it's a datacenter IP? My device is always connected to the VPN, whether I'm using the forum or other forum or surfing through the internet, I mean all the time. Should I be worried?

Datacenter IP roughly refers to IP which given when you rent VPS or dedicated server. If you're not doing that, you don't have to worry about it.

Quote from: Lucius on December 03, 2024, 10:33:05 AM

Hackers who use VPNs aren't very intelligent, because most VPNs keep logs and give them to authorities upon request, so I don't see much point in someone hiding their real IP address that way. However, it is nothing new that VPNs are not desirable for many online services, I don't see why CEXs would have a different position on this matter.

I get the point, although some hacker are after less wealthy CoinBase user where they're less likely to spend their time to seek authority help.

Zwei

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Quote from: DYING_S0UL on December 03, 2024, 11:01:37 AM

I am not comfortable with services that forces users to do KYC. If there are alternatives, I would gladly use them. To this very day, I haven't done KYC in any of the CEX's using my own identity. Instead, I used my family members identity, for example my grandma, who never knew what crypto was.

isn't that technically identity theft? and is illegal the last time i checked. and we really did not need to know that, buddy... why would you share that?
are you trying to make your grandma take the fall for you? i mean, i know crypto is banned where you are from.

Quote from: bitmover on December 03, 2024, 11:41:03 AM

But coinbase never accepted me. Maybe a VPN could help users from other locations.

coinbase is more strict now compared to 2017, so a VPN would not help, as KYC is mandatory AFAIK.

NotATether

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Quote from: DYING_S0UL on December 03, 2024, 08:42:41 AM

How am I supposed to know whether it's a datacenter IP? My device is always connected to the VPN, whether I'm using the forum or other forum or surfing through the internet, I mean all the time. Should I be worried?

Any VPN => gives you a data center IP.

Also any proxies that you find on the internet are usually running on servers somewhere in some data center, so that's also blacklisted.

bitmover

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Quote from: Lucius on December 03, 2024, 10:33:05 AM

Hackers who use VPNs aren't very intelligent, because most VPNs keep logs and give them to authorities upon request, so I don't see much point in someone hiding their real IP address that way. However, it is nothing new that VPNs are not desirable for many online services, I don't see why CEXs would have a different position on this matter.

People may also be using VPN in regions where they are blocked.

I remember years ago, in 2017, it was very hard to buy bitcoin in Brazil. I was able to buy in Europe using BItstamp ( I rented a postbox to get a valid address in europe lol).

But coinbase never accepted me. Maybe a VPN could help users from other locations.

_act_

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Quote from: DYING_S0UL on December 03, 2024, 08:42:41 AM

My device is always connected to the VPN, whether I'm using the forum or other forum or surfing through the internet, I mean all the time. Should I be worried?

The mistake people make is when they set the VPN to a restricted country location (like United States and if they are not from United States). The exchange will immediately notify the person that he is connecting from a restricted country. If it is a non KYC exchange and you have not gotten verified, your account can be changed to withdraw only or that you can get verified.

If you have gotten verified, the exchange will only not allow you to connect to their exchange when you set the VPN to a restricted location, but as you off the VPN or change it to a location that is not restricted, the exchanges that I have used will not do anything but allow you to access their exchanges again and it will be immediately.

DYING_S0UL

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Quote from: Lucius on December 03, 2024, 10:33:05 AM

~snip~
However, it is nothing new that VPNs are not desirable for many online services, I don't see why CEXs would have a different position on this matter.

I am not comfortable with services that forces users to do KYC. If there are alternatives, I would gladly use them. To this very day, I haven't done KYC in any of the CEX's using my own identity. Instead, I used my family members identity, for example my grandma, who never knew what crypto was.

Quote

here are VPNs that have the option to exclude certain apps from using the VPN even when it is turned on. For example, if you don't want a browser to use VPN, simply add it to the exclusion list and it shouldn't connect via VPN. I used a combination where I had one browser using my IP address to access the internet, and the other browser used a VPN - that's one option, you just have to remember which browser you use for what.

For me it's quite the opposite. I have been using Surfshark VPN for a while and it works pretty well. Using their instant kill function, which is super cool. In case of connection errors it prevents data leaks. The only thing I'm not sure of it's the datacenter IP. I use several browsers, for different kind of works, so it's confusing sometimes. That's the only reason i use instant kill, just to make sure that I'm not using my own IP.

Sanitough

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I guess they’ll need to update their User Agreement regarding this. If it hasn’t been updated in the agreement, then I think this is just a heads-up that using a VPN to access the exchange might trigger additional verification steps. We shouldn’t take it as a serious warning that could lead to account suspension, unless it’s explicitly stated in the User Agreement. If it is, then it would count as a violation.

Lucius

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Hackers who use VPNs aren't very intelligent, because most VPNs keep logs and give them to authorities upon request, so I don't see much point in someone hiding their real IP address that way. However, it is nothing new that VPNs are not desirable for many online services, I don't see why CEXs would have a different position on this matter.

Quote from: DYING_S0UL on December 03, 2024, 08:42:41 AM

How am I supposed to know whether it's a datacenter IP? My device is always connected to the VPN, whether I'm using the forum or other forum or surfing through the internet, I mean all the time. Should I be worried?
~snip~

There are VPNs that have the option to exclude certain apps from using the VPN even when it is turned on. For example, if you don't want a browser to use VPN, simply add it to the exclusion list and it shouldn't connect via VPN. I used a combination where I had one browser using my IP address to access the internet, and the other browser used a VPN - that's one option, you just have to remember which browser you use for what.

DYING_S0UL

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Quote from: NotATether on December 03, 2024, 02:52:51 AM

....if for some reason you still use Coinbase that is.

https://x.com/scottshapiro/status/1863691538661883925

Don't use them for any exchange, as a matter of fact. Nor should you use any datacenter IP.

How am I supposed to know whether it's a datacenter IP? My device is always connected to the VPN, whether I'm using the forum or other forum or surfing through the internet, I mean all the time. Should I be worried?

I used coinbase in the past but I don't use it anymore. Not a big fan of coinbase!

Upgrade00

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Quote from: _act_ on December 03, 2024, 03:26:34 AM

I see no reason people should use VPN for KYC accounts if they are legitimately the owner of the documents submitted online that got them verified on the exchange. I agree with this but not for all exchanges.

Some people may be traveling and not want their exact location to be available. KYC connects one to their place of residence but do not want their exact locations tracked at all time, so there are reasons someone who has submitted their documents will still want to use VPN services.

ABCbits

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Does he also add this warning on CoinBase application or website? Anyway, i think it makes it's users feel awkward on few scenario such as.
1. For active VPN users, they have to disable it to access CoinBase and then enable it again which is inconvenient.
2. When they're not at their home, they need to choose either using their own mobile data plan or free WiFi which is trade-off between paying for mobile data plan or taking security risk with free WiFi.

_act_

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Quote from: NotATether on December 03, 2024, 02:52:51 AM

Don't use them for any exchange, as a matter of fact. Nor should you use any datacenter IP.

These kinds of exchanges that are allowed in United States will make KYC/verification compulsory for all their customers. If KYC is compulsory, then why using VPN when the people identity is known already? I see no reason people should use VPN for KYC accounts if they are legitimately the owner of the documents submitted online that got them verified on the exchange. I agree with this but not for all exchanges.

NotATether

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....if for some reason you still use Coinbase that is.

https://x.com/scottshapiro/status/1863691538661883925

Don't use them for any exchange, as a matter of fact. Nor should you use any datacenter IP.

Topic: Don't use Coinbase with a VPN - page 2. (Read 359 times)