Last Update: May 2, 2022
Cryptocurrency trading and VPNs go hand in hand. With the right provider, you shall be able to render yourself completely anonymous from anyone interested in looking into your payment data. Moreover, you’ll get to stay safe from hackers that attack crypto trading platforms.
Needless to say, not all virtual private networks are good for crypto trading. Some aren’t capable of consistently maintaining your anonymity. Meanwhile, others lack the necessary unblocking capabilities needed to grant you open access to your crypto trading platform of choice.
In this guide, we’ll discuss the best VPNs for cryptocurrency trading. Aside from that, I will also go over all the reasons why you should use a crypto trading VPN and how to use one. It’s guaranteed that you'll know all there is about the topic by the time you’re done reading.
Credit: nordvpn.com
Privacy & Security: Your privacy and security while trading cryptocurrencies are guaranteed with NordVPN. After all, each one of its 5600+ servers is RAM-disk-enabled. That means none of them can track, gather, and collect any of your private logging information as you trade.
Like nearly all other premium services in the industry, NordVPN utilizes AES military-grade 256 encryption. Along with that, it supports every mainstream VPN protocol. The most notable of these protocols has got to be Nordlynx - a proprietary protocol that’s based on WireGuard.
The developers of NordVPN put a lot of thought into their apps and extensions. For that reason, all of them are incredibly easy to navigate and configure. In fact, they’re so user-friendly that even those without any prior experience with VPNs can learn how to use them in no time.
Another thing to know is that NordVPN’s apps are packed with useful features. Aside from your regular kill switch and malware blocker, they’ve also got split tunneling along with double VPN.
For those wondering, NordVPN supports up to 6 simultaneous connections. Furthermore, it has a global bug bounty program. This program helps it remain one step ahead of hackers along with other types of cybercriminals that wish to compromise its massive network of servers.
Unblocking & Speed Capabilities: NordVPN easily grants you unrestricted access to all your favorite crypto trading platforms. Through testing, I’ve discovered that most of its servers have superb unblocking capabilities. While connected to them, it is highly unlikely that you shall not be able to access what you want to on the internet.
The unblocking capabilities of NordVPN’s servers are so good that they can bypass the Great Firewall of China. If anything, this is impressive considering that this internet censorship system is the hardest obstacle in the world for VPNs to overcome.
When it comes to speed, the servers of NordVPN also don’t disappoint. While they are not the fastest VPN servers around, they’ll more than suffice for your crypto trading needs.
I should also note that NordVPN’s servers can sometimes improve your internet connection speeds. How? By getting rid of the bandwidth limitations imposed by your ISP to prevent its network from becoming overloaded.
Pricing: NordVPN is very fair in its pricing. As of writing, a monthly subscription will cost you $11.95. That said, you can get the provider for an even lower price if you utilize any of the coupon code discount promotions that it regularly releases on its website.
One final thing you should know is that NordVPN accepts cryptocurrency payments. On top of that, it has a 30-day money-back guarantee policy. That means that if you’re unsatisfied with it, you may request a refund without needing to give a reason for 30 days after your purchase.
Credit: surfshark.com
Privacy & Security: Surfshark quickly rose through ranks in the VPN industry due in large part to its dedication to protecting its users. This is evident in the fact that it has the second-largest RAM-based VPN network in the world, only behind NordVPN. At present, this network boasts more than 3300 server locations scattered across approximately 65 countries and territories.
In regards to specs, Surfshark makes use of AES-256 encryption. Furthermore, it also supports OpenVPN (UDP & TCP), IPSec (LT2P & IKEv2), and WireGuard. As such, it’s safe to say that Surfshark adheres to very robust encryption standards. In addition, it offers a high degree of customizability to your VPN experience.
All of Surfshark’s applications are an absolute breeze to use. More importantly, each of them is built with tons of useful features. Some are free to use, whereas others are only accessible to those who pay an additional fee. Don’t worry though as Surfshark in its most basic form is completely enough to meet all of your cryptocurrency trading needs.
One more interesting thing to know is that Surfshark lets you protect the digital lives of everyone you know. It does this by supporting unlimited simultaneous device connections per account.
Unblocking & Speed Capabilities: Surfshark doesn’t break a sweat when it’s made to face up against geo-restrictions. Thanks to its very capable network, the service provider can easily provide you with complete access to all mainstream cryptocurrency trading platforms.
If you’re wondering, crypto trading in China is 100% possible with Surfshark. That’s because the provider can get around the Great Firewall with amazing consistency.
The speed capabilities of Surfshark are great. Not once did it cause my connection speeds to drop in a significant manner. It oftentimes even improved my internet by eliminating bandwidth limitations that my internet service provider was imposing.
Pricing: Surfshark offers tremendous value for money. After all, it has awesome specs, loads of features, and support for unlimited simultaneous connections.
You can presently buy a 1-month Surfshark plan for $12.95. Payments can be done using credit cards, cryptocurrencies, and a variety of other methods. Lastly, the VPN service provider has a 30-day money-back policy that entitles you to a complete refund regardless of how you paid.
Credit: expressvpn.com
Privacy & Security: ExpressVPN offers comprehensive digital privacy and security to all crypto traders out there. Like all the other providers that we talked about, it too has a zero-logs policy that is backed by a massive RAM-based network. This network currently has 3000+ servers operating spread across the globe.
As you might’ve already guessed, ExpressVPN makes use of AES-256 encryption. It also has full support for all leading VPN protocols except for WireGuard. In its place, there’s Lightway, which is a proprietary protocol that’s been dubbed by experts to be just as fast and secure.
Sad to say, ExpressVPN doesn’t have much to offer in the way of features. The provider doesn’t have anything unique to make it stand out. Besides that, it lacks an automatic kill switch for iOS devices and doesn’t have any sort of ad & malware blocker at all.
On the bright side, the browser extensions and apps of ExpressVPN are all wonderfully crafted in a way that anyone can appreciate them. All of them have excellent interfaces that are very easy to navigate as well as configure. This makes them perfect for non-tech-savvy people.
Unblocking & Speed Capabilities: ExpressVPN can unblock any otherwise unavailable crypto trading platform out there. That’s because it has very capable servers that were built to bypass geo-restrictions. In fact, they are so capable that they can bypass the Great Firewall of China.
It would be wrong to not talk about how fast ExpressVPN is. How come? Because the provider is easily one of the quickest available on today’s market. By testing them, I’ve discovered that even its furthest servers seldom make noticeable negative impacts on my base connection.
For those wondering, ExpressVPN can indeed eliminate bandwidth throttling. However, during my time with the provider, it seldom did so. For that reason, you shouldn’t download it with the sole intent to improve your internet connection speeds.
Pricing: ExpressVPN has a negative reputation for being expensive. Contrary to popular belief though, the provider’s rates are very fair.
As of writing, you may buy a basic 1-month ExpressVPN subscription for $12.95. Payments can be made using a wide range of methods, including cryptocurrencies. Furthermore, the provider maintains a 30-day refund guarantee policy for all purchases.
First of all, you’d want to use a VPN for crypto trading for safety.
You see, lots of cybercriminals target cryptocurrency trading platforms as a means of profit. The right provider will anonymize you and eliminate your digital footprint. As a result, it shall be next to impossible for malicious entities to compromise your privacy along with your finances as you trade cryptocurrencies.
Capable VPN providers can render you anonymous by hiding your IP address and replacing it with one of their server’s. By doing this, they “fool” hackers, internet service providers, and government monitors into believing you’re trading crypto from somewhere you are not.
Different jurisdictions have different laws regarding cryptocurrencies.
While most places allow unrestricted trading, others have restricted or even outright banned crypto. In such areas, crypto trading platforms are often geo-restricted so that people will not be able to openly access them.
Any decent virtual private network can overcome geo-restrictions and allow you to trade on your favorite crypto trading platforms. Of course, proxies can also do the same. However, we don’t recommend that you use them because they do not provide edge-to-edge online security.
Some VPN service providers can improve your cryptocurrency trading experience.
They do this by getting rid of the bandwidth limitations that have been secretly imposed by your ISP to prevent network overloading. In the process, your internet connection speeds improve and you, in turn, get to trade cryptocurrencies on your preferred platform more smoothly.
With all that said, you should know that even the best VPNs aren’t able to consistently eliminate bandwidth limitations caused by your ISP. As such, you should not use VPNs with the sole intent to improve your internet speeds. Otherwise, you’ll only end up disappointed.
Below are all the steps necessary to use a VPN for crypto trading:
Start by getting yourself a reliable and capable VPN.
Do not opt for a super budget-friendly or free provider under any circumstance. That’s because such VPNs are often ill-equipped to meet your needs when it comes to crypto trading. They’ll only leave you disappointed, and possibly wide open to online threats like cybercriminals.
Your best bet is to go with any of the three providers that I talked about earlier. Why? Each one of them has been proven to be suitable for cryptocurrency trading. Aside from having excellent unblocking capabilities, they are also superb at maintaining your digital anonymity and security.
The VPN you got is controlled via an application that must be installed. Don’t worry as doing this is now easier than ever.
On desktops, the only thing you’ll manually have to do is pick an installation folder. Meanwhile, on mobile devices, you shall only need to hit the download button then wait for less than five minutes for the entire installation procedure to finish automatically. Sadly though, for some routers, it’ll be necessary for you to perform a setup procedure that’s rather difficult to do.
Fortunately, there’s a way for you to have our top cryptocurrency trading VPNs on a router without having to perform installation. How? By purchasing one of their many available pre-configured router models that offer a convenient plug-and-play experience.
Once you’ve successfully installed your VPN on your device of choice, go ahead and connect to a server. Make sure to choose a location wherein cryptocurrency trading is legal. Aside from that, you should also go for a server that isn’t too distant from your current whereabouts.
The reason for that is because as a general rule, further VPN servers make a bigger impact on your internet connection speeds. Although this isn’t always the case, you’ll never know.
Your next course of action should be to activate your VPN’s kill switch feature.
Don’t skip this step as it’s absolutely necessary. Not doing it will leave you open to getting compromised by cybercriminals and other entities that want to spy on you while you trade cryptocurrencies.
If you don’t already know, a VPN kill switch is an essential security feature that most VPNs have. It cuts your device’s web connection whenever its connection to your VPN becomes compromised. By doing this, it prevents you from getting digitally exposed.
After you’ve done all the aforementioned steps, it’s time to finally start crypto trading.
Remember that it is necessary to stay connected to your VPN during the entire duration of your cryptocurrency trading session. Disconnecting will break your anonymity and leave you wide open to being spied upon and even stolen from.
Our team didn’t come up with our rankings overnight.
To start, we researched to properly decide on what VPNs to look into. Following that, members of our team conducted performance tests to know which VPN service provider was best-suited for crypto trading.
After everything, we compared the pricing schemes of our top picks to find out which among them provided the greatest value for money. I believe that this was very important. After all, monetary value is something that everyone considers when they're looking for a VPN.
