Why are proxies considered an "invisible cloak" for cryptocurrency users?

[marks0513]

For cryptocurrency users, privacy is security.

When you connect directly to exchanges or DeFi applications, your real IP address is completely exposed. This is like loudly announcing your home address while conducting online banking transactions, making you highly vulnerable to being flagged, tracked, and even targeted by hackers or malicious organizations.

The role of a proxy is to:
Hide your real IP address
Prevent network sniffing
Avoid geo-blocking

Conclusion: In the blockchain world, on-chain transactions are inherently public. Choosing a good proxy is the first line of defense for protecting the privacy of your off-chain activities.

[Ylaneksa]

Don’t use free ones, they’re often insecure.