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Best VPNs for crypto trading in 2021


Best VPNs for crypto trading

If you're in a world of crypto, using a VPN makes a lot of sense – in more ways than one. First of all, paying for a VPN with cryptocurrencies makes you even more anonymous, hiding your payment data from literally everybody. Secondly, there have been some examples of hackers attacking cryptocurrency trading platforms – and it's always a good idea to keep your IP address safe from them.

But sadly, not every VPN is good for crypto. Not all VPNs support cryptocurrency payments, and some are simply not secure enough to protect you against hackers.

You won't hear about them on this post. Instead, in this article, I'm going to help you pick the best VPNs for crypto trading. I'll also go into details about what you should look into when choosing one – so you can always pick smart.

Best VPNs for cryptocurrency trading

  1. NordVPN – the best VPN for privacy and safety
  2. Surfshark – superb VPN for crypto traders
  3. PrivateVPN – exceptional privacy for a low price
  4. ExpressVPN – zero-knowledge service for advanced users
  5. Mullvad – the most anonymous VPN provider

How to use a VPN for cryptocurrency transactions

Using a VPN to provide an additional barrier to your cryptocurrency transaction is really simple. Here's a basic step-by-step guide.

  1. Register for a VPN. Our pick is NordVPN, now 72% off.
  2. Download and install the VPN for your device.
  3. Connect to one of the VPN servers.
  4. Log into your crypto wallet and head to the stores that accept cryptocurrencies. Now your identity is hidden.

VPNs for crypto trading – our detailed list

We went through the complete catalog of the VPNs we've tested to choose the best ones for crypto trading. Only those that accept cryptocurrency payments and are respectful of your privacy made the cut.

1. NordVPN – the best VPN for crypto trading

nordvpn banner
Based in:Panama
Servers/countries:5,500+ servers in 59 countries
Cryptocurrency payments:Yes
Current deal:🔥 Get NordVPN, now 72% OFF + 3 Months FREE! 🔥

NordVPN is one of the most trustworthy VPNs in the industry, so it's a perfect service to crypto traders. Top of the line security suite is bound to make your transaction even more private. It also helps that they adhere to a strict no-logs policy, and run RAM-only servers, so making copies of your data logs are just out of the question.

Their operation oversees 5,500+ servers in 59 countries. This gives you plenty of locations to choose from so that you could get the best possible performance. It also means that you'll be able to access any trading platform you want, even if it isn't officially available in your country.

When you're connected to Nord's server network, your connection is encrypted with AES-256-CBC cipher, widely considered to be a gold standard. So, neither your Internet Service provider nor hackers will be able to snoop on what you're doing online.

For ultimate privacy, you can pay for NordVPN with cryptocurrencies. Currently, they accept Bitcoin, Ethereum, Litecoin, and many others. So, whichever you're mining or trading, you won't be restricted to a single coin type.

To find out more, check out our in-depth NordVPN review.

2. Surfshark – one of the most universal VPNs on the market

surfshark banner
Based in:British Virgin Islands
Servers/countries:3,200+ servers in 65 countries
Cryptocurrency payments:Yes
Current deal:🔥 Get Surfshark, now 81% OFF! 🔥

While Surfshark is significantly less mainstream VPN, it's another excellent choice for cryptocurrency tycoons. Especially those who want to remain to be anonymous.

The service itself is based in the British Virgin Islands, an off-the-grid location, in terms of jurisdiction. You don't have to worry about the Eyes alliances closing in on you. They won’t collect any data on you as indicated in their no-logs policy. The service also relies on RAM-only servers, making them safe even if they'd fall into the hands of law enforcement.

Their technical achievements don't stop there. You won't have to worry about IP, DNS, or WebRTC leaks. Nor will you have to wait long times for the pages to load. Surfshark uses state-of-the-art tunneling protocols like WireGuard, that are fast and secure.

The best part is that you can pay for Surfshark using cryptocurrencies. Currently, they support payments via CoinGate or CoinPayments. They support different coins including Bitcoin, Ethereum, and other widely adopted cryptocurrencies.

For more detail, read our full Surfshark VPN review.

3. PrivateVPN – cheap VPN for crypto enthusiasts

PrivateVPN
Servers/countries:150 servers in 62 countries
Free version:No
Cryptocurrency payments:Yes
Current deal:🔥 Get PrivateVPN, now 77% OFF! 12 Months + 12 Month extra! 🔥

PrivateVPN is a smaller VPN provider from Sweden. Yet, despite its modest size, it packs a punch. It also should be a go-to pick for cryptocurrency traders and privacy-minded individuals.

While initially, PrivateVPN's location might be off-putting, as it's a Fourteen Eyes country, the VPN makes up for it with its no-logs policy. In it, they state that when you're using the service, no data is stored longer than necessary. This is due to Sweden's data retention laws.

The service redeems itself with its security suite. For all of its connections, PrivateVPN uses military-grade encryption with modern tunneling protocols. The basics like kill switch and protection against WebRTC leaks are also included.

In total, you'll be able to choose from 62 countries. So, although their server fleet is on the lower side (only 150+ of them), you should still get pretty good mileage out of the service. This also positively reflects the price, as the providers rent fewer servers and cut down their maintenance expenses.

Speaking of prices, you can also use cryptocurrency to pay for your subscription. At the moment, they only accept Bitcoin payments, but since it's the most popular coin, there is, I can't complain. 

For more information, please read our complete PrivateVPN review.

4. ExpressVPN – premium VPN with great performance

ExpressVPN
Servers/countries:3,000+ servers in 94 countries
Free version:No
Cryptocurrency payments:Yes
Current deal:Get ExpressVPN, now 35% OFF!

ExpressVPN is probably one of the most widely recognized VPN services on the market. This shouldn't surprise anyone, considering their track record for providing a private network for their subscribers. If you're a cryptocurrency trader, this is definitely a VPN for you.

Like Surfshark, this service is based in The British Virgin Islands. So, no data retention laws or surveillance alliances will be a threat to you. ExpressVPN even goes one step further and enforces a strict no-logs policy. They won't be keeping any of your data that goes through their servers. Plus, their infrastructure is relying on RAM-only servers. It would be technologically impossible to keep tabs on their users. Privacy is built-in in their service model.

Despite these radical measures, they control a pretty large fleet. You'll be able to choose between 3000 servers in 91 countries. This should be more than enough to guarantee access to just about any crypto trading market that you could think of.

When it comes to payment, the service is a bit more expensive than your average VPN. Though, it also allows payments via cryptocurrencies to keep no ties to your identity. You can pay via BitPay or a variety of other electronic wallets. They accept Bitcoin, Ethereum, XRP, and many other coins.

To find out more, check out our in-depth ExpressVPN review.

5. Mullvad – the most anonymous VPN on the market

Mullvad VPN banner
Servers/countries:761 servers in 36 countries
Free version:No
Platforms:Windows, macOS, Android, iOS, Linux

Mullvad is the VPN choice for anyone who has a strong security, privacy, and anonymity focus. This little Swedish VPN has a completely anonymous sign-up process and zero third-party trackers on their website.

Mullvad is a no-nonsense VPN service that provides unmatched anonymity. They scrap the traditional registration forms that require your email and password. When you're registering for Mullvad, you're provided with a randomly generated code that you'll be using to log in to your account.

As Mullvad is based in Sweden, a Fourteen Eyes country, this isn't a risk because of their code-based system. In addition, the provider enforces a strict no-logs policy. They won't store any personal information, nor do they require it during the registration.

Technically, Mullvad is just as impressive. With AES-256 encryption coupled with WireGuard and OpenVPN tunneling protocols, there are no weak points in their service. You'll be getting the best of both worlds: privacy and security-wise.

While their server fleet isn't the biggest, they have plenty of servers to make the service work for you. You'll be able to choose from 761+ servers in 36 countries. That should still cover the most important cryptocurrency trading markets.

You can also pay for a Mullvad subscription with cryptocurrencies. They accept Bitcoin Cash (BCH), which is really a fork of Bitcoin and is just as private.

For more detail, read our full Mullvad VPN review.

How we selected and tested these VPNs

Choosing the best VPN for cryptocurrency trading is no easy task. Your VPN of choice should be able to unblock specific cryptocurrency market web pages. On top of that, it should be secure, private, and accept crypto coin payments. Here's what criteria we used to make our list.

  1. Security. The VPN that you're going to be using should pass the safety test. It should be the first thing you check, as you'll be using the service for financial transactions.
  2. Privacy. It goes immediately after the security but is just as important. Take note of whether it's an audit of their no-logs policy or privacy-friendly location without data retention laws. All of this will help you in the long run.
  3. Locations. If you're trying to use crypto trading platforms like Binance, they're only available in the US. So, you have to make sure that your VPN will cover the locations you're planning to access.
  4. Performance. You wouldn't want to be cut off in the middle of your transaction. For that, you'll need a reliable VPN service with high uptime and low-speed reductions. With the best VPNs, you'll barely notice the performance drop.
  5. Price. Unless you have bottomless pockets, likely, you're looking to buy the best product for the lowest price. When you're buying a VPN with cryptocurrencies, their accepted coins can also be a factor. Especially if you've already had a pile of them in your wallet.

Why use a VPN for cryptocurrency transactions?

If you're a crypto enthusiast, there are many reasons why a VPN could turn out to be a very useful tool. Here are the principal that makes a VPN and cryptocurrency transaction such a good pair:

Safety. Cryptocurrency transactions aren't regulated and aren't exactly safe. The system is vulnerable to numerous exploits, which can mean trouble to you. Hackers can get your location and your identity by linking your IP address and wallet address. A VPN hides your IP address, allowing you to better hide your identity and wallet from hackers.

Geo-blocks. Some crypto trading platforms like Binance aren't available in the US, others like KuCoin are unavailable in China. The bottom line is, you may run into issues accessing some of them due to geo-blocks imposed for the pages themselves. This means that if you want to keep your assets in several wallets, a VPN can help you out.

Profiling. If a government controls ISP's in your country, it might dabble with surveillance. This means that people looking into cryptocurrency payments could be profiled as drug dealers (as that's how people purchase them in darknet markets). So, while you may be goody two shoes, you might end up in the register for potential suspects. To avoid this from happening, use a VPN and encrypt your traffic.

What is cryptocurrency trading?

Cryptocurrency trading works much like foreign currency exchanges. The difference is that it exchanges proper traditional currencies to cryptocurrencies and vice versa. The market charges for exchange rates, much like conventional banks do.

While in traditional currency exchange, all the currencies are properly regulated, cryptocurrency isn't. It uses cryptography as an exchange method, verifying transactions. Some people are running crypto mining rigs, are processing a lot of calculations, and introducing new coins into the market. They sell them in cryptocurrency markets, where others buy them for currency to make their transactions private.

Is crypto trading safe?

Crypto trading is risky by nature. No single entity controls or regulates the cryptocurrency market. The safety mechanism is built-in with cryptography, which verifies every transaction. Yet, when a coin leaves your wallet, the transaction is irreversible and untraceable.

Vulnerabilities in the cryptocurrency trading software only make these problems worse and give hackers an edge. This has even allowed stealing cryptocurrencies directly from the user’s wallets. Some malware types are designed to do that for hackers, known as cryptojacking. There are multiple fraud schemes that you should be aware of, like double spending and others.

What are the best crypto trading platforms?

Which cryptocurrency platform is best will depend on what cryptocurrency you'll want to exchange, how often, and whether you'll also need that platform to double as a crypto wallet for transactions. The rates could also be an important consideration, as cryptocurrencies tend to fluctuate a lot, which could quickly turn your saving into dust if you're not too careful.

PlatformSupported cryptocurrenciesFees
CoinbaseBitcoin, Bitcoin Cash, Litecoin, Ethereum, Ethereum Classic, XRP, Stellar Lumens, Dogecoin, and all ERC20 tokens2.49% transaction fee
BinanceBitcoin, Ethereum, PAX Gold, Harmony, Orchid, Helium, Chainlink, Cardano, Stellar, Tether0.1% transaction fee
BisqBitcoin, BSQ, Monero, Ethereum, Dash, Litecoin, Zcash, Galilel0.4% transaction fee

Coinbase

Coinbase is one of the most popular cryptocurrency markets. The major appeal is that you can buy virtually any cryptocurrency directly with US dollars. Buying and selling coins are fairly straightforward, and you sense a guiding hand leading you through your purchases. They even run some cryptocurrency deals.

However, if you're more of a stock-trader type, you can also use this platform for cryptocurrency investments. It also helps that they have developed handy apps for their platform. With some of them, you can watch videos and earn cryptocurrencies.

Binance

Binance is a China-based cryptocurrency exchange. Due to trade wars, it means that it's banned in the US, so you'll need a VPN to access it. Despite the troubles of getting a hold of this service, they charge only 0.1% commissions on trades. This means that if you're a day trader, it will be easier to make a profit. Though, it's worth adding that this marketplace might be better suited to more experienced users.

Bisq

Much like the VPN services, Bisq has its servers scattered all around the globe. This adds more security to your transaction, making the marketplace harder to penetrate to hackers.

As for the service itself, it's pretty friendly to novice users. As a plus, you don't need to provide any identification, and you don't even have to be a registered user. The only downside is that the transactions can be slow, so if you want to buy something quickly, it might take a while before it goes through.

Can I use a free VPN for crypto trading?

It might seem that getting a free VPN might be a corner that you could cut. Well...don't! There are a lot of issues you might run into.

Many free VPNs only allow you to choose from only a handful of countries. If you're looking to access lesser-known cryptocurrency markets, you may still end up off-limits, even if you're connected with a VPN.

Some cryptocurrency exchanges ban VPN IP address ranges as a countermeasure against scammers and bots. It's very likely that the hackers have used free VPNs already and got their IP address ranges blacklisted, which would mean that you can't re-access the site. Paid VPNs, however, invest a great deal into their services, so you're far less likely to run into similar issues with a paid provider.

Finally, free VPNs usually restrict how much data you can use in a specific time frame. Some only give you 10 GBs per month, which won't likely be enough. You may blaze through that amount in a day, which makes a free VPN as a choice questionable.

Conclusion

Cryptocurrencies and VPN go hand in hand. Not only can you make your transactions more private and easier, but it also makes more sense to pay for a VPN with cryptocurrency. That way, you're protecting your digital belongings and are taking back control of your anonymity.

Based on the tips and lists that I've included, now you should better understand how using a VPN can be useful for cryptocurrency enthusiasts. Hopefully, these tips will help you to steer out of trouble when you're surfing the web.

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