Cryptos are all the rage now-a-days. They offer users a way to exchange value, store wealth, and access various services without intermediaries or centralized authorities. Some popular cryptocurrencies include Bitcoin, Ethereum, XRP, Litecoin, and Dogecoin.
However, not everyone can freely buy and sell cryptocurrencies in their country or region. Some governments have banned crypto trading, citing concerns over money laundering, tax evasion, or financial stability. Others have blocked access to certain crypto exchanges or platforms, limiting the options for crypto enthusiasts.
Fortunately, there is a way to bypass these barriers and access the crypto market from anywhere in the world: using VPN. VPN, or virtual private network, is a service that encrypts your internet connection and routes it through a server in another location. This way, you can hide your IP address and appear to be browsing from a different country. A VPN protects your data and privacy from hackers, trackers, and spies who might try to intercept your online activity.
In this article, we will explain why you should use a VPN when trading crypto, how to choose the best VPN for crypto trading, and how to buy crypto using vpn safely and anonymously.
How to Select the Best VPN for Crypto Trading?
Not all VPNs are created equal. Some VPNs may offer better performance, security, or compatibility than others. For selecting the best VPN for crypto trading, you should consider the following factors:
- Speed: Crypto trading involves fast-paced and time-sensitive decisions. You don’t want to miss a profitable opportunity or lose money because of a slow or unreliable connection. Therefore, you should choose a VPN that offers fast and consistent speeds across its network. You should also look for a VPN with servers in multiple locations worldwide so you can connect to the nearest or most optimal server for your needs.
- Security: Crypto trading involves sensitive and valuable data you want to keep safe from hackers and prying eyes. Therefore, you should choose a VPN with strong encryption and security protocols. You should also look for a VPN with a strict no-logs policy, meaning it does not collect or store any information about your online activity. Additionally, you should look for a VPN with features such as Kill switch, DNS leak protection, or split tunneling to prevent data leaks or interruptions.
- Compatibility: Crypto trading involves using different devices and platforms to access the market. You may trade crypto with your computer, smartphone, tablet, or even hardware wallet. Therefore, you should choose a VPN compatible with all these devices and platforms. You should also look for a VPN that will allow to connect multiple devices simultaneously under one account to trade crypto from any device you want.
- Payment options: Crypto trading involves using different payment methods to buy and sell crypto. You may trade with your credit card, bank account, PayPal, or even crypto. Therefore, you should choose a VPN that accepts various payment options, including crypto. This way, you can pay for your VPN subscription anonymously and securely without revealing your financial information.
How to Use a VPN to Buy Crypto?
Using a VPN to buy crypto is quite straightforward. Here are the basic steps you need to follow:
- Sign up for a VPN: The first step is to choose a VPN that suits your needs and preferences. You can reference our list of the best VPNs for crypto trading. Once you decide on a VPN, you can sign up on its official website. You must provide basic information, such as your email address and password, and choose a payment method. We recommend paying with crypto to enhance your anonymity and security, if possible.
- Download and install the VPN app: Now download and install the VPN app on your mobile or pc. You can find the app on the VPN’s website or your device’s app store. The installation process is usually quick and easy, and you just need to follow the instructions on the screen.
- Launch the VPN app and connect to a server: The final step is to launch the VPN app and connect to a server of your choice. You can either choose a server manually or let the app select the best server for you automatically. Once connected, you will see a green icon or a message indicating your connection is secure.
- Buy crypto on your preferred platform: Now that you are connected to a VPN, you can buy crypto on any platform you want. You can use an existing account or create a new one with a different email address. You can also use any payment method you want, including crypto. Just make sure that the platform you are using is trustworthy and reputable and that you follow the best practices of crypto trading.
Best VPN For Crypto Trading
| VPN | Speed | Security | Compatibility | Payment Options | Pricing |
|---|---|---|---|---|---|
| ExpressVPN | Fast and consistent | Strong encryption and security protocols, no-logs policy, kill switch feature, DNS leak protection | Wide compatibility with various devices and platforms | Bitcoin, Ethereum, XRP | $12.95/month or $99.95/year |
| NordVPN | Fast and consistent | Double-hop servers and dedicated IP addresses, strong encryption and security protocols, no-logs policy, kill switch feature, DNS leak protection | Wide compatibility with various devices and platforms | Bitcoin, Ethereum, XRP | $3.19/month or $89/year |
| Surfshark | Fast and consistent | Strong encryption and security protocols, no-logs policy, kill switch feature, DNS leak protection | Unlimited simultaneous connections under one account | Bitcoin, Ethereum, XRP, Litecoin | $12.95/month or $59.76/year |
| CyberGhost | Fast and consistent | Dedicated IP address option, strong encryption and security protocols, no-logs policy, kill switch feature, DNS leak protection | Wide compatibility with various devices and platforms | Bitcoin | $2.29/month or $47.88/year |
| Private Internet Access | Fast and consistent | Strong encryption and security protocols, no-logs policy, kill switch feature, DNS leak protection | Wide compatibility with various devices and platforms | Bitcoin, Bitcoin Cash, Ethereum, Litecoin | $9.95/month or $39.95/year |
| RealVPN | Fast and consistent | Decent encryption and security protocols, logs policy, no kill switch feature, no DNS leak protection | Supports iPhone, mac and Windows | Apple Store Subscription | $2.99/month or $29.99/year |
Below is a compilation of recommended VPNs for crypto trading, along with the rationales for their selection:
ExpressVPN
Regarded as the top VPN for crypto trading due to its combination of swift and consistent speeds, robust encryption, diverse security protocols, extensive compatibility with various devices and platforms, and flexible payment choices including Bitcoin, Ethereum, and XRP.
It also provides its consumers with a limited-time money-back guarantee.
It boasts a global network of servers for circumventing geo-restrictions and features like a stringent no-logs policy, a kill switch, and DNS leak protection, all of which contribute to maintaining online privacy and anonymity.
NordVPN
An exceptional VPN for crypto trading, it stands out with features such as double-hop servers and dedicated IP addresses, enhancing security and privacy. Accepted cryptocurrency payment methods encompass Bitcoin, Ethereum, and XRP.
Its wide server network spanning 59 countries allows for bypassing geographical blocks and censorship. The VPN adheres to a no-logs policy, employs a kill switch, and utilizes AES-256 encryption, all serving to safeguard data and identity.
Read our Full Review of NordVPN Here.
Surfshark
Positioned as a cost-effective VPN for crypto trading, it stands out with its unlimited simultaneous connections, enabling crypto trading from a multitude of devices. It supports payment in Bitcoin, Ethereum, XRP, and Litecoin.
Surfshark’s standard price is $12.95 per month, but it’s currently $2.29 per month, thanks to ongoing promos. The cost is quite reasonable and falls within NordVPN’s services. Furthermore, if you sign up for a 24-month membership, you’ll get three months free.
With servers spanning 65 countries, Surfshark provides access to various crypto platforms. It is fortified with a no-logs policy, a kill switch, and AES-256 encryption, bolstering online security and privacy.
CyberGhost
Recognized as an economical VPN for crypto trading, it offers a dedicated IP option, serving as a shield against IP bans and blacklists. It accepts Bitcoin as a method of payment. CyberGhost’s extensive server network in 91 countries provides access to diverse crypto markets.
Its no-logs policy, kill switch, and AES-256 encryption further guarantee data and identity protection. This Budget-friendly VPN has all necessary features and has plans for all your browsing needs.
Private Internet Access
Positioned as a budget-friendly VPN for crypto trading, it provides a long-term subscription plan complemented by a generous free trial period. Payment options encompass Bitcoin, Bitcoin Cash, Ethereum, and Litecoin.
WireGuard, OpenVPN, and SOCKS5 are among the protocols supported by the VPN, which provides outstanding security and encryption. By default, PIA uses AES 128-bit encryption, but clients can upgrade to 256-bit encryption at any time. Additional security features include OpenVPN, an automated kill switch, and DNS leak prevention.
With servers located in 84 countries, it facilitates access to various crypto exchanges and platforms. Its no-logs policy, kill switch, and AES-256 encryption serve to secure data and identity.
Real VPN
RealVPN is also an economic option when it comes to best VPNs for crypto trading. It supports 5 devices in all it’s subscription plans weather it’s basic plan or a premium one. It gives a lifetime subscription plan with one-time payment of $249.99.
It has over 500 servers in more than 40 locations worldwide. The VPN offers good speed and complete protection of your data.
These VPNs represent the prime options for purchasing with cryptocurrencies for the purpose of crypto trading. The aim of this compilation is to offer valuable insights to aid in making an informed decision.
Why Use a VPN for Crypto Trading?
There are many reasons why using a VPN for crypto trading benefits beginners and advanced users. Here are some of the main advantages of using a VPN for crypto:
- Access geo-restricted platforms: Some crypto exchanges or platforms may not be available in your country or region due to legal or regulatory issues. For example, Binance, one of the world’s largest and most popular crypto exchanges, has been banned or restricted in several countries, including the US, UK, Japan, Germany, and China. You can use a VPN to change your IP address and access these platforms from any location you want. You can also access platforms offering different services or features based on location. For example, some platforms may offer lower fees, higher leverage, more trading pairs, or more payment methods in certain countries.
- Protect your online privacy: Although crypto transactions are supposed to be anonymous and secure, they are not completely untraceable. Every transaction on a blockchain is recorded and visible to anyone knowing your wallet address. Moreover, some crypto exchanges or platforms may require you to provide personal information or verify your identity before you can trade. Your data could be exposed to hackers, scammers, or authorities who might try to track you down or steal your funds. You can encrypt your internet traffic using a VPN and prevent anyone from snooping on your online activity. You can also use a VPN to create a new account on a platform with a different email address not linked to your real identity.
- Avoid phishing and malware attacks: The crypto space is full of malicious actors who want to exploit unsuspecting users. They may create fake websites or apps that look like legitimate crypto platforms and trick you into entering your login credentials or sending them your funds. They may also infect your device with malware that can steal your data or hijack your resources for mining coins. You can avoid these threats using a VPN by verifying the authenticity of the websites or apps you visit. You can also use a VPN’s built-in features, such as ad blockers, malware scanners, or kill switches, to enhance your security.
Conclusion
Buying crypto using a VPN is a smart and safe way to access the crypto market anywhere. A VPN can help you overcome geo-restrictions, protect your online privacy, and avoid phishing and malware attacks. However, not all VPNs are suitable for crypto trading. You should choose a VPN with fast speeds, strong security, wide compatibility, and various payment options.
We hope this article has helped you understand how to buy crypto using a VPN and why it is necessary. If you have any questions or feedback, please comment below. Happy trading!
FAQs
Can I use a free VPN for buying crypto?
Free VPNs might not offer the same level of security, speed, and privacy as premium options. Many free VPNs have limitations and may log your data, which could compromise your anonymity. It’s recommended to invest in a reputable paid VPN service for more reliable protection.
Are there any downsides to using a VPN for buying crypto?
While using a VPN can enhance privacy, it might slightly affect your connection speed due to the encryption process. Additionally, some cryptocurrency exchanges might have security measures that could trigger additional verification steps if they detect a VPN connection.
Are there any precautions I should take when buying crypto through a VPN?
Absolutely. Ensure your chosen VPN is active and connected before accessing any crypto-related websites. Double-check the website’s URL for accuracy to avoid phishing scams. Always use strong, unique passwords and enable two-factor authentication (2FA) for your crypto accounts. Regularly update your VPN software and follow the latest security recommendations.
New to trading? Try crypto trading bots or copy trading on the best crypto exchanges
For on-demand analysis of any cryptocurrency, join our Telegram channel.
Top 10 Free Indicators for Trading CryptoTOP 6 Play to Earn Crypto GamesTop 18 Crypto & NFT Marketing AgenciesTOP 5 Axie Infinity Staking Platforms: Earn Massive Rewards