Best VPN for Crypto Trading
Virtual Private Networks (VPNs) are popular security tools that help you retain anonymity when browsing the internet and engaging in transactions. VPNs help users bypass geographical restrictions, hide online activity and protect sensitive data from hackers, marketers and third parties. VPNs have also become very popular among cryptocurrency traders. In this guide, I will share the six best crypto VPNs to use if you want to remain anonymous when engaging in crypto transactions.
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Why Use a VPN Service for Cryptocurrency Transactions?
This is a valid question considering that cryptocurrencies are cryptographically protected and privacy-centered by default. However, the truth is that the crypto trading platforms and crypto exchanges aren’t.
As crypto assets went mainstream, exchange platforms fell under heavy regulatory scrutiny. Today, it is impossible to engage in cryptocurrency transactions through a leading centralized crypto exchange without providing personal information. This might include email, date and place of birth, telephone, address, SSN and more, validated by scanned documents like ID, passport, Driver’s license and a selfie. On top of this, your financial information and transaction details will also be required and possibly stored by the platform.
Of course, there are ways to still make anonymous payments and trade crypto without submitting so much information. For example, you can use a decentralized exchange and P2P marketplaces.
So, how can VPN services help? Using a reliable VPN service for crypto trading will guarantee secure encryption of your connection. Alternatively, your internet traffic and the sensitive information you send over the web will remain hidden.
Furthermore, since a VPN connection can bypass geolocation, it can help traders who reside in jurisdictions where Bitcoin transactions are banned or restricted. Using VPNs for crypto trading will ensure that your activity becomes untraceable and enhance your online security.
The 6 Best VPNs to Use for Crypto Trading
The truth is that there are differences between VPNs since they are not created equal. Due to this, I have curated a list of the six best VPNs based on the trader’s preferences, goals and budget.
1. NordVPN: Best VPN for Crypto Trading Overall
NordVPN’s team calls its product “the best VPN in the world.” It is safe to say they aren’t exaggerating. NordVPN is not only the best VPN for crypto trading but probably one of the most established and reliable VPNs overall.
Some of the notable features of NordVPN include military-grade encryption (AES 256-bit), strict no-logs policy, automatic kill-switch (IP leak protection in case you disconnect from the VPN), Tor over VPN (additional protection from the Tor browser), lightning-fast bandwidth, using two VPN servers at once, DDoS protection and many more. The bottom line is that it provides you with a secure, encrypted online connection that keeps your data, location and IP private. In addition, the software allows you to connect to a server network of over 5,200 servers in 60 countries.
NordVPN runs on Windows, macOS, iOS, Linux and Android devices. In addition, it has encrypted proxy extensions for the most popular browsers, including Chrome, Firefox, and Edge. Buying a single NordVPN account allows you to secure up to 6 devices simultaneously.
NordVPN supports a variety of crypto payments. You can pay with Bitcoin (BTC), Dash (DASH), Zcash (ZEC), Bitcoin Cash (BCH), Monero (XMR), Tron (TRX), Litecoin (LTC), Ripple (XRP) and Ether (ETH).
NordVPN is among the best VPNs in terms of costs. While the standard price is $286.80 for a two-year plan, thanks to its recurring promotions, you can often bring the price down below $3.5 per month during the first two years.
All-in-all, it is safe to say that NordVPN makes a case for the best cryptocurrency trading VPN on the market.
- User-friendly and highly-functional solution;
- 30-day money-back guarantee;
- Trusted by over 14m users worldwide;
- 24/7 live chat support;
- Competitive price;
- Easy to install and use.
- Users report slow speeds in some locations;
- Reports of issues with some streaming services in particular regions.
2. ExpressVPN: Best VPN for Speed-Sensitive Cryptocurrency Traders
ExpressVPN is among the best-recognized names in the industry and has its headquarters in the British Virgin Islands. The software is designed with the idea to ensure complete online privacy and user security by relying on advanced features.
For example, its server network employs the TrustedServer technology, which runs on RAM and doesn’t store any data. Thanks to this, your information is wiped out after every session leaving no trace of what you do on the internet.
Other security functionalities include a network lock kill switch, a VPN split tunneling feature, no activity logs, private and custom DNS servers, and more. The security protocols, authentication and encryption mechanisms include AES 256-bit, RSA key, SHA-512 HMAC, and more.
You can use ExpressVPN on up five devices simultaneously. The supported operating systems include Windows, Android, macOS, iOS, and Linux. You can also run it on smart TVs, game consoles and routers.
The team behind the software claims that it guarantees “unlimited bandwidth.” And this is precisely the case – ExpressVPN is probably the fastest VPN you can find currently.
Over 3,000 servers in 94 countries power the ExpressVPN service. Thanks to this, traders can access geo-restricted altcoins, trading platforms and cryptocurrency exchanges from all across the world.
ExpressVPN supports crypto payments. It accepts Bitcoin as well as Ethereum, XRP, USDC, BUSD, PAX and GUSD. All you have to do is connect your preferred crypto wallet solution. ExpressVPN supports the most popular cryptocurrency hardware and software crypto wallets.
However, bear in mind that the VPN is a bit pricier than competitors’ offerings. The standard price is $12.95 per month, but promotional campaigns can bring it down to $6.67.
- 30-day money-back guarantee;
- 24/7 customer support;
- Extremely high-bandwidth;
- A great number of supported countries.
- A bit pricier than other VPNs.
3. Surfshark: Best Universal Crypto Trading VPN
While Surfshark doesn’t have the popularity of NordVPN and ExpressVPN, it remains among the best VPNs for advanced users looking to make crypto trading safe.
It offers an ultimate mix of security features. First, it won’t collect any logs of your activity. Next, similar to other leading solutions, it uses RAM-only servers. With Surfshark, you also won’t have to worry about data leaks since it has DNS, IP and WebRTC protection. The software will safeguard your cryptocurrency trading activity through AES 256-bit encryption, 2048-bit DHE-RSA keys and SHA512 authentication.
In terms of speed, Surfshark won’t disappoint you either, although it might still not guarantee the same bandwidth as ExpressVPN, for example. Surfshark has over 3,200 servers in 65 countries. Furthermore, thanks to WireGuard, a lightweight open-source protocol, using your favorite streaming services or buying and selling Bitcoin on your preferred trading platform get even faster.
Surfshark stands out compared to other service providers because it supports an unlimited number of devices. You can use one account for as many phones, laptops, tablets, extensions, TVs, consoles, and Wi-Fi routers as you want.
Furthermore, Surfshark is one of the most intuitive and easy-to-use VPNs. The setup is seamless, and you can get your private browsing and trading up and running in just a couple of minutes. Besides, it has an auto-connect feature that automatically launches the VPN when you connect to the internet.
In terms of pricing, Surfshark’s regular price is $12.95 per month, but ongoing promotions bring it down to $2.21 per month. The price is really competitive and in the range of NordVPN’s offering. In addition, if you purchase a subscription for 24 months, you get three months free.
The good news crypto natives is that Surfshark accepts Bitcoin payments. The listed providers (CoinGate and CoinPayments) also support a variety of other digital assets, including ETH, BCH, Nano, DAI, TRON, USDT, BitTorrent, Travala.com, BEAM and LTC.
- 30-day money-back guarantee;
- 24/7 customer support;
- Unlimited number of devices;
- Great value for money;
- Intuitive UI and seamless UX.
- Lacks IPv6 support, meaning such IP addresses might be leaked.
4. Private Internet Access (PIA) – the Fastest VPN
If the number of servers is key to your choice, then Private Internet Access should be your go-to choice. The VPN supports the most massive server network currently with over 35,000 WireGuard-powered servers in 78 countries. Due to this, no lags, limited speed, or crowded servers should ever concern you. Furthermore, if you want to increase the bandwidth, you can just choose the built-in functionality for a dedicated IP.
PIA supports a suite of advanced security features and policies. These include a strict no-logs policy, a public Wi-Fi security feature, AES 256-bit encryption, kill switch, DNS/IPv6 leak protection and more.
A single VPN subscription allows you to connect up to 10 devices simultaneously. PIA supports devices that run on iOS, Windows, Linux and macOS.
Another thing that makes PIA stand out is its support for advanced split tunneling. The highly configurable feature allows you to set custom rules for particular apps and websites and choose which IP addresses or applications bypass the VPN tunnel.
So, what about the costs? If you choose to subscribe for three years, the promotional price you get is $2.03 per month or a total of $79 for the whole duration. Besides, you get three free months. Otherwise, a monthly subscription cost is $9.95, but if you subscribe for a year, it gets down to $3.33 per month.
Bitcoin payments aside, PIA also accepts ETH, BCH, and LTC.
- 30-day money-back guarantee;
- 24/7 customer support;
- Over 35 000 servers in 78 countries;
- Highly customizable;
- Over 15m users globally;
- Additional security features like an email breach scanner and a Boxcryptor License.
- Not as user-friendly as other solutions;
- Users report performance issues when using the VPN for China.
5. PrivateVPN: Most Affordable VPN for Crypto Traders
Yes, PrivateVPN might be just a few cents cheaper than its competitors’ offerings, but it is enough to make it the most affordable solution on the market.
The 24-month subscription costs $2.50 per month, which equals $60.00 in total. Crypto-natives can pay with Bitcoin.
The Swedish VPN provider is a relatively small player in the industry but surely a worthy one. It comes packed with advanced security features and policies, including no-logs keeping, kill switch, WebRTC leak protection, modern and extensive protocol support (OpenVPN UDP/TCP, L2TP, IKEv2, and PPTP), AES 256-bit encryption code with 2048-bit DH key and more.
In terms of severs, PrivateVPN runs 200 in 63 countries. While this is a much smaller number compared to the thousands of servers other VPN providers support, the truth is that users have rarely reported bandwidth issues. Cryptocurrency traders who fear PrivateVPN might not satisfy their speed requirements, the good thing is it offers a 7-day trial period to test and find out.
The VPN supports devices that run on Windows, macOS, Linux, iOS and Android. You can connect up to 10 devices at the same time.
And if this is anything to go by, it is worth mentioning that PrivateVPN currently has the highest rating for a VPN provider on TrustPilot. On the downside, PrivateVPN still has a relatively small user base of approximately 44,000. It also doesn’t offer 24/7 customer support.
In a nutshell, for the price you are paying, PrivateVPN is a great choice.
- Very affordable;
- 30-day money-back guarantee;
- 7-day free trial;
- Easy to use, even for beginners.
- Small server fleet;
- Supports only Bitcoin payments.
6. Mullvad: Best VPN for a Fixed-Price
Starting in 2009, Mullvad has been among the longest-standing VPN service providers. The Swedish company has one key focus – ensuring users’ privacy at an affordable and stable price.
I know what you are thinking – a Swedish VPN provider surely won’t be the safest bet compared to companies from Panama or the British Virgin Islands. And you will be partially correct. Despite Sweden being a part of the Fourteen Eyes surveillance agreement, its legislation doesn’t force VPN providers to collect user data.
Regarding the price – you get Mullvad for €5 per month. There is no fluff, no promotions or duration-related terms. Users have been paying the same price for the software since the company was launched and will continue to do so as per Mullvad’s team.
Furthermore, if you decide to purchase a subscription with cryptocurrencies, you get a 10% discount. While Mullvad does indeed accept crypto payments, the supported assets are limited to BTC and BCH.
In terms of security features, Mullvad also makes a solid point. First, it offers an entirely anonymous sign-up process and doesn’t require user data. You get a randomly-generated code to log in to your account.
The VPN has a no-logs policy, meaning your traces will be covered. It also comes packed with AES-256 encryption, advanced tunneling protocols (WireGuard and OpenVPN), an automatic kill-switch feature, IPv6 and DNS leak protection and more.
However, we should mention that Mullvad might not be the best choice for latency-sensitive cryptocurrency traders since it supports a little over 750 servers in 38 countries. While this should still cover most of the crypto trading platform solutions and markets, it can’t compete with VPNs with thousands of servers. Still, if you have a reliable internet service provider with a decent speed, Mullvad’s bandwidth will do just fine for you.
- 30-day money-back guarantee;
- Reasonable value for money;
- Stable and never-changing price;
- Independently and regularly audited.
- Lacks 24/7 support;
- A small collection of servers.
Best VPN for Crypto Trading: Summary
In a nutshell, many great VPNs accept cryptocurrency payments and are suitable for the needs of digital asset traders. All solutions included in the list accept Bitcoin and do the job they are intended to – to safeguard your privacy when browsing the web or trading. However, the best depends on each user’s circumstances and preferences, including location, budget, needs, and use-case.
Cryptocurrency trading comes with various potential security risks. Virtual Private Networks can help protect private data while crypto investing and trading. The VPN hides the original IP address and provides a high level of anonymity. That’s beneficial for crypto trading and when browsing the internet to shop online or to anonymously research without a trace.
While the list above is a good starting point, the best thing to do is give the solutions you find the most suitable to you a try. Many VPNs offer free trials, so there is no risk involved. Also, almost all solutions are accompanied by a 30-day money-back guarantee. So take your time to find out which works and suits you best.
Related: Best Crypto App for Beginners
Crypto Trading Protection Guide
Crypto trading has become a prevalent sector as more and more investors are drawn towards this decentralized market. It gives them better control over their wealth by investing in trending assets. Nevertheless, keeping all the benefits of cryptocurrency trading aside has drawbacks that need to be discussed.
Suppose you trade cryptocurrencies like Bitcoin, Litecoin, Ethereum or other cryptocurrencies. In that case, you are putting your cash on the line because, unlike the conventional banking systems, you have no safeguard to protect your money in cryptocurrency trading. For example, Cryptos on a crypto wallet are not secured by the Federal Deposit Insurance Corporation (FDIC) or similar institutions. That means that one little mistake can cost them real money invested in cryptos.
Those who want to stay as safe as possible with crypto trading or want to protect their crypto assets consider using Virtual Private Networks for trading that serve as a protective shield.
But how exactly does a VPN protect your cryptocurrency investments, and what are the most common cryptocurrency security risks out there?
How to Use a Virtual Private Network (VPN) for Cryptocurrency Trading?
The process is straightforward. Here are the steps to follow to trade cryptocurrencies with a VPN:
- Choose your preferred VPN provider;
- Download and install the software;
- Launch the VPN and connect it to a server;
- Start trading.
These simple steps will allow you to buy and sell cryptocurrencies by hiding your transaction history. That way, your identity will be preserved, and you will be able to trade anywhere.
How a Vpn Improves Crypto Trading Security
If you are looking for a method to secure your crypto trading activities, you should definitely get a VPN for crypto trading. It protects against hackers and protects against malicious software, and malware.
There are a lot of Virtual Private Networks in the market. Most are legit. Some are not that trustable. Our top recommendation is currently NordVPN. They offer military-grade encryption and excellent protection against all sorts of attacks, along with some other cool features.
How a Vpn Protects Cryptocurrency
A VPN software app encrypts transmitted data when using the internet. Apart from encryption, it routes the traffic to other server locations and masks the actual IP address of the router by doing it. This makes it hard for others to track online activities, including crypto trading via VPN connections. A VPN helps to maintain anonymity while browsing the internet and protects against things like phishing attacks and more.
Good Virtual Private Network providers also offer a so-called Kill Switch feature. A Kill Switch automatically protects the original IP address in case of a disconnect. It ensures that the internet connection during crypto trading remains encrypted all the time, even if the disconnects happen surprisingly. This way, the real IP and location of a user can’t be identified by others, even in the event of a disconnect. That’s technically done by blocking the whole data transmission.
Security Risks While Crypto Trading
It is natural that investors want to protect themselves and stay anonymous and safe while crypto trading. Using a Virtual Private Network in conjunction with a reliable and trustworthy service offers excellent protection.
Cryptojacking means that unauthorized people take control of your mobile or personal computer to mine cryptocurrency. That’s lately a widespread fraud and primarily targets people who are permanently online. For example, if someone is crypto trading all day, he is the perfect victim for criminals. The infrastructure of such people is used to mine cryptocurrency without their knowledge, using the full power of their computer parts and internet connection. In this case, a VPN can help to protect against security breaches.
But there are additional considerable cryptocurrency security risks out there, where even a VPN is not helpful anymore. Investors should be aware of the following potential threats:
Crypto ICO Fraud
ICO stands for Initial Coin Offering, something similar to the IPO in the stock market. Unfortunately, some cryptocurrency fintech disguises themselves as entirely legitimate when in reality, they are fake. So investing in the unknown coin can be dangerous and all money can be lost investing in fake coins. A crypto trading VPN does not help at all with such an issue. The investor needs to do the right due diligence before choosing a crypto project to invest in.
Fake Crypto Trading Exchanges
The stock market is well-regulated, and so are the stock market exchanges. But the crypto world is still unregulated, and potential fraud is everywhere. Even some crypto trading exchanges are not legitimate.
If an offer of a crypto exchange looks too good to be true, it likely is. If there are high bonus payment promises or dubious terms of the service, it’s better to stay away. Crypto trading using well-established and regulated crypto exchanges is the better decision. The headquarter of the company should preferably be in a jurisdiction you trust.
Can I use a free VPN for cryptocurrency trading?
While you can find free VPNs for crypto trading, the truth is that most of them come with limited features, and you probably won’t be satisfied. Furthermore, VPNs are becoming more and more affordable and, today, you can get one for $2.0 – $10.0 per month. Even the lowest-priced VPNs will give you many privacy features and functionalities and would prove better value than free solutions.
Do you really need a VPN for crypto trading?
The short answer is no – you don’t necessarily need a VPN for crypto trading. However, if you reside in countries that restrict digital asset trading activities or if you want to trade on an exchange that doesn’t support the jurisdiction you live in, you will need a VPN for crypto trading.
Can you buy a VPN with Bitcoin?
Yes, almost all VPNs accept cryptocurrency payments. Furthermore, while all accept Bitcoin, it isn’t the only supported cryptocurrency. Depending on the solution you choose and the payment processor the particular company uses, you might also be able to pay with Ethereum, Bitcoin Cash, Litecoin, Ripple, Tron, various stablecoins and many other cryptocurrencies.