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Best Phemex VPNs in 2024


Phemex is a popular trading platform for cryptocurrencies and trade derivatives. The platform has been widely praised for its user-friendly interface, dynamic market data, and accurate K-line patterns. Unfortunately, the platform is not accessible everywhere, and a reliable Phemex VPN might be necessary.

Access to Phemex is restricted in many countries, including the US, the UK, Canada, and others. As a direct result of that, internet users from these countries are not allowed to access and use the platform.

Due to geo-restrictions, traders have turned to VPN providers to help overcome all limitations. In this article, we cover the top 5 Phemex VPNs in 2024 so you can make an informed decision and smoothly dive into the trading world.

Best Phemex VPNs in 2024 – shortlist

Why do I need a VPN for Phemex?

The primary issue with Phemex is that it’s restricted in a lot of countries. This includes the US, provinces in Canada, and the UK. Hence, if you reside in any of the restricted regions or countries, you will be denied access to Phemex.

If you attempt to access Phemex from a restricted location, you are likely to be met by the Note on Restricted Jurisdictions: At this time, Phemex cannot serve customers in your country.

phemex-restricted-jurisdictions

One of the most likely reasons why Phemex is unavailable in so many countries is that there are simply too many regulatory requirements. There’s a chance that Phemex might face licensing issues in certain regions, too.

A reputable VPN provider could help you overcome these limitations. With a reliable crypto trading VPN, you can change your virtual location by connecting to a server in a country where Phemex is available. This way, accessing the crypto trading platform is possible even if your country of residence has restricted access to it.

Best VPNs for Phemex – detailed list

When searching for the best Phemex VPN, we’ve tested 43 best VPN providers. We spared no detail and paid close attention to every feature these providers have to offer. Here’s all the information you need to know about the top 5 Phemex VPNs in 2024.

1. NordVPN – the best Phemex VPN provider for secure trading

NordVPN banner
Servers/countries:
6300+ servers in 111 countries
Cryptocurrency payments:
Yes
Compatible with:Windows, Mac, Linux, Android, iOS
Current deal: Now up to 74% OFF + 3 months for free!

NordVPN is hands down the best VPN for Phemex. Phemex traders are bound to appreciate 6300 servers in 111 countries as it unlocks new doors for crypto trading in the US.

One of the best attributes of NordVPN is that it demonstrates excellent internet speeds even if you connect to remote servers. Our speed retention tests show that NordVPN manages to maintain 90% of the original internet speeds. Based on our in-house testing, NordVPN is the fastest VPN in 2024.

In trading, where time is of the essence, NordVPN is second to none. There are more NordVPN features that make crypto trading on Phemex smoother and more secure. Thanks to the reliable kill switch feature, you can rest assured that you’ll be automatically disconnected if your VPN connection drops out, so your IP address won’t be leaked.

Not to forget about NordVPN’s rigorous AES-256 and ChaCha20 encryption that ensures a secure trading experience. Speed, security, and affordability is what matters when it comes to VPNs for Phemex, and NordVPN offers exactly that.

NordVPN plans start at $3.09/month with a 7-day free trial and 30-day money-back guarantee available.

2. Surfshark – VPN for Phemex for unlimited devices

Surfshark banner
Servers/countries:
3200+ servers in 100 countries
Cryptocurrency payments:
Yes
Compatible with:Windows, Mac, Linux, Android, iOS
Current deal: Now up to 86% OFF + 3 months FREE

The runner-up for the best Phemex VPN is Surfshark. Unlike most VPN providers, Surfshark stands out from the competition because it offers unlimited simultaneous connections. This means you can access Phemex from as many devices as you’d like for your crypto ventures.

As you can see from our thorough Surfshark review, this VPN provider has 3200+ servers in 100 countries. This is great news if you’re a US resident because it means you can bypass Phemex’s geoblocking and join this trading platform.

Our in-house tests showed that connecting to Phemex using servers in different locations is a piece of cake. Surfshark is a great option not only because of its effective geo-unblocking capabilities but also for its enhanced security and great speeds. During our in-house speed tests, Surfshark managed to retain 86%% of the original internet speeds.

With Surfshark, you’ll also get complete browsing privacy as the provider follows an independently audited no-logs policy. Although the company is based in the Netherlands, Surfshark is not asked to store and report any information to the government, so nothing you do online will be tracked.

Starting from $2.19/month, Surfshark is a reasonably priced option. You can try this provider risk-free using a 7-day free trial and a 30-day money-back guarantee.

3. Norton Secure VPN – Phemex VPN for smooth crypto transactions

norton vpn banner
Servers/countries:
5000+ servers in 28 countries
Cryptocurrency payments:
No
Compatible with:Windows, macOS, Android, iOS
Current deal: Now up to 54% OFF Norton VPN!

Norton Secure VPN is a pretty strong contender if you’re looking for a VPN for Phemex. Thanks to Norton’s abundance of features, this provider offers everything you need for a smooth trading experience. For example, it maintains a good internet connection – 74%% of the original speeds.

However, this provider has very limited functionality for Mac operating systems. If you’re a Mac user, this might not be an ideal choice for you as the kill switch feature and split tunneling are only available on Windows and Android. On the flip side, there is an ad-blocker and a Wi-Fi security feature.

Norton Secure VPN employs top-tier AES-256 encryption, so your online activities will be protected. Essentially it means that this VPN encrypts your traffic in a way that’s unbreakable, even by brute force. Additionally, it doesn’t keep or track your browsing data, thanks to the company’s strict no-logs rules.

Norton Secure VPN prices start at $3.33/month and vary depending on how many devices you want to connect. A bundle with an antivirus is available for $29.99/month. You also get a 7-day free trial and a 60-day money-back guarantee.

4. IPVanish – an affordable VPN for Phemex

IPVanish banner
Servers/countries:
2400+ servers in 55 countries
Cryptocurrency payments:
No
Compatible with:Windows, Mac, Android, iOS
Current deal: Now up to 83% OFF + 3 months FREE!

IPVanish, just like our second choice, Surfshark, offers unlimited simultaneous connections to take your crypto trading game up a notch. IPVanish features include all the important ones, such as a kill switch and split tunneling. However, it has fewer servers (2400+ servers in 55 countries) than our top two picks, NordVPN and Surfshark.

While maintaining decent enough download and upload speeds (80%% of the original speeds retained), IPVanish is still a bit slower than our top choices NordVPN and Surfshark. It may not be a big problem for little crypto transactions, but if you’re dealing with larger sums, don’t expect a buffer-free transaction.

On the bright side, IPVanish has a nice bonus feature called On Demand. This feature connects to a VPN automatically in specific situations – for example, when you connect to a public Wi-Fi – which ensures your data is safe in unprotected networks.

IPVanish is one of the cheapest options. A two-year plan with a 30-day money-back guarantee costs $2.19/month. A 7-day free trial is also available for you to try out this provider yourself.

5. ExpressVPN – Phemex VPN to bypass geo-restrictions

ExpressVPN banner new
Servers/countries:
3000+ servers in 105 countries
Cryptocurrency payments:
No
Compatible with:Windows, macOS, Linux, Android, iOS
Current deal: Now up to 49% OFF + 3 months FREE!

Last but not least is ExpressVPN. With a global server network in 105 countries, ExpressVPN is a pretty good choice for crypto traders in the US who want to join Phemex. During our tests for the full ExpressVPN review, we had no problem connecting to any server around the globe.

As for retaining internet speed, ExpressVPN did a pretty good job with maintaining 77%% of the original speeds. So, you can expect minimal buffering, and your transactions should be quite smooth.

When it comes to security, ExpressVPN doesn’t disappoint. Having RAM-only servers, ExpressVPN purges your data from the database regularly. Additionally, users can always opt out from diagnostic information collection, such as crash reports, connection failures, or speed test data.

Despite being a highly secure VPN, ExpressVPN doesn’t offer as many features as other providers. Not to mention it’s pricier, too. The cheapest plan starts from $6.67/month, but you get the usual 30-day money-back guarantee and a 7-day free trial.

Best Phemex VPNs compared

BrandRatingServersUS serversCryptocurrencyPriceKill switchSplit tunnelingNo-logs policy
NordVPN4.96300 servers in 111 countries
1970+
✅ Yes
$3.09/month✅ Yes✅ Yes
✅ Yes
Surfshark4.73200 servers in 100 countries600+✅ Yes$2.19/month✅ Yes✅ Yes✅ Yes
Norton VPN 4.25000 servers in 28 countriesUndisclosed number❌ No$3.33/month✅ Yes (Windows and Android)✅ Yes (Windows and Android)✅ Yes
IPVanish4.52400 servers in 55 countries1106+❌ No$2.19/month✅ Yes✅ Yes✅ Yes
ExpressVPN4.33000 servers in 105 countriesUndisclosed number✅ Yes$6.67/month✅ Yes✅ Yes✅ Yes

How we tested VPNs for Phemex

We tested 43 VPN service providers to select only the best VPNs for Phemex. We paid close attention to various factors, such as:

  • Server availability. Since Phemex is restricted in so many countries, it’s of utmost importance that the VPN provider has servers in locations where Phemex is available. When finalizing the lineup, we made sure to test the server availability of all providers.
  • Unblocking capabilities. When judging VPN providers, we wanted to make sure they are actually able to unblock Phemex in countries with restricted access. During in-house testing, we attempted to connect to Phemex from various servers in multiple different locations to make sure the providers can unblock access to Phemex.
  • Speed. Under normal circumstances, VPNs slow down your internet speed. However, they do so at varying degrees. We performed speed tests to check how well each provider retains the original internet connection speed, and we only picked providers that can ensure a smooth crypto trading experience.
  • Security standards. When you’re dealing with such sensitive matters like crypto trading, security is very important. A reputable VPN will use rigorous encryption standards, such as AES-256 or ChaCha20, to protect your online activities. When picking our top providers, we checked what encryption methods each one uses.
  • Pricing. VPN providers in the current market offer their services at different prices. We always strive to make sure the VPNs we recommend offer the best price-to-quality ratio. Therefore, we analyzed what features and services are available with different plans.
Bypass Phemex geo-restrictions with NordVPN
Change your virtual location for easy access to popular crypto trading platforms like Phemex. NordVPN, a leading VPN service provider, has a worldwide server network and employs top-tier encryption protocols for secure trading.
cybernews® score
4.9 /5

For more information about how we test VPNs, take a look at our comprehensive guide.

Phemex restricted countries

You will not be allowed to use Phemex services if you are a resident or a national agent of the United States of America, United Kingdom, Canada (Ontario, Québec, Alberta, Saskatchewan), Afghanistan, Abkhazia, Belarus, Bermuda, Belgium, Central African Republic, China, Cuba, Crimea, the Democratic Republic of the Congo, Ethiopia, Hong Kong, Iraq, Iran, Lebanon, Libya, Mali, Myanmar, Nicaragua, North Korea, Palestine, Republic of Seychelles, Russia, Sahrawi Arab Democratic Republic, Somalia, South Sudan, Sevastopol, South Korea, Sudan, Syria, Venezuela, Yemen.

Why is Phemex restricted in the US?

Phemex is most likely restricted in the US because of licensing issues and regulatory requirements. Cryptocurrency exchanges are always closely monitored, and each state in the US has a comprehensive set of regulations to do that.

There might be laws that limit the trading of cryptocurrency derivatives, and it usually varies from state to state. This, in turn, limits the availability of some of Phemex’s services in the US. Additionally, each state has different approaches to know-your-customer (KYC) and anti-money laundering (AML) operations.

In general, Phemex’s unavailability in the US is mostly due to the fact that there are too many different laws to comply with, as they vary in all 50 states.

How to use Phemex in the US

Even though Phemex is restricted in the US, you can still access it and proceed with your crypto ventures. Here’s what you need to do:

  1. Choose a reputable VPN provider that can access the Phemex platform. Our recommendation is NordVPN, now 74% OFF
  2. Purchase a subscription and download the VPN app to your device
  3. Launch the VPN app and log in
  4. Connect to a server in a location where the Phemex platform is not restricted
  5. Go to Phemex and log in or register. You might need to provide some personal details for account verification (KYC is optional)
  6. Now you can use the Phemex crypto platform from the US

How to use Phemex from anywhere

Since Phemex is unavailable in many countries, you might be geo-blocked even if you’re outside the US. You can easily bypass that by following these steps:

  1. Find a reliable VPN provider that can access Phemex. We suggest using NordVPN, now 74%OFF
  2. Find a subscription plan that suits you and install the app to your device
  3. Launch the VPN app and log in
  4. Connect to a server in a country where Phemex is available
  5. Go to Phemex and log in or register
  6. Begin trading from anywhere

Yes, it is legal to use a VPN for Phemex. The terms of service agreement does not mention any VPN restrictions; however, keep in mind that the legality of VPN usage depends on your country of residence, since, in some countries, using a VPN is illegal. Russia, Belarus, North Korea are some of the countries that ban VPNs.

Utilizing a VPN to access Phemex shouldn’t be illegal, as there is no mention of it on Phemex’s official website. Therefore, if you’re trying to get into crypto trading and live in restricted countries, a good VPN, like NordVPN, could help you bypass these restrictions.

Please keep in mind that, ultimately, Phemex’s services are restricted to specific countries. So, whether you tried to access the platform with or without a VPN, you would be going against the rules.

Final thoughts

The crypto market is booming and Phemex offers a handy platform to dive into that. However, due to differing regulations and laws regarding cryptocurrency exchange, Phemex has to restrict their services to certain countries.

When testing different VPN providers, it became evident that NordVPN is the best VPN for Phemex. With unmatched speeds and a global server network, NordVPN will unblock Phemex wherever you are. We also appreciate the advanced privacy measures that ensure not even your internet service provider will know about your online activities.

Crypto trading is a delicate matter, and we can’t think of a better VPN provider than NordVPN to grant access to Phemex.

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