Milan Stanojevic – deputy editor-in-chief
Latest update: 19. February 2021
- Crypto trading can be an extremely productive activity, especially if you know what you are doing.
- Nevertheless, even in the case of cryptographic exchanges, using a VPN can improve your privacy and security.
- Unfortunately, not all VPNs can offer you the same level of protection and privacy.
- See our list of choices for more information on protecting your privacy with encrypted transactions.
In the aftermath of the global financial crisis, when financial systems were in turmoil and trust in banks and regulators was perpetually low, many people were attracted to the promise of a viable currency that would work globally and not require central regulation.
Cryptocurrencies are attracting more and more people even as the global system evolves in terms of stability.
However, with cryptocurrency, there is no such thing as perfect privacy because chain lock technology assigns pseudonyms to users that, when personal information is received, can easily be traced back to the users and their transactions.
As interest in cryptocurrency and its value continues to grow, governments have expressed concern that over-regulation could impede the opening of global currency trading.
However, with a VPN, privacy is more important, and users can bypass most barriers to accessing these crypto streams globally.
A VPN allows computers to connect to a remote server through tunnels that encrypt the data at both ends, protecting the information sent from third-party monitoring.
Similarly, users can hide their IP address because VPNs provide different IP addresses than the actual user, making it difficult to obtain personal information that can be associated with chain registrations.
It also offers a higher level of security, which is further enhanced by using a different digital wallet for payments, encrypting the wallets to make access to your transactions more difficult, and ensuring the confidentiality of payment addresses.
In countries that prohibit the exchange of crypto-currencies, some degree of geo-blocking is used to apply GeoIP blocks that restrict the content of these regions based on the IP addresses of the same users.
VPNs can circumvent these geopolitical prohibitions by using IP addresses from unblocked regions.
What you should look for in the best cryptocomputing VPN is a watertight approach to security, good performance and speed, and lots of user-friendly native applications.
Discover our best cryptocompetitive VPNs you’ll be able to use in 2020.
Private Internet access is a VPN service developed by Kape Technologies. It’s an affordable VPN with a simple interface, so it’s perfect for beginners, only when using the application you only choose specific countries and no servers, which can be quite limiting.
It’s actually a simpler VPN than its counterparts, but it’s a solid choice if you’re looking for a cheaper VPN.
Features include a killer switch, peer-to-peer sharing, 256-bit AES encryption, a network of more than 3,300 servers in over 46 countries, and support for multiple platforms including Windows.
It has never been easier to exchange cryptocurrences than over the phone.
PIA is also available for mobile devices, both Android and iOS, and with a subscription you get support for up to 10 devices at once.
Here are some of the benefits of using private internet access for encrypted trading:
- 10 devices can use the service simultaneously
- 3,300 servers in 46 countries
- SOCKS5 proxy enabled
- Easy to use and configure
- Unlimited bandwidth
- Immediate activation
- P2P support
Private Internet access
Are you looking for a VPN that is suitable for cryptocurrency exchange? Check the AIP.
CyberGhost is not only a reliable VPN, but also quite fast in terms of performance and above average speeds, a huge network of over 1,200 servers spread across more than 50 sites, and it supports up to 5 devices at a time.
This VPN features 256-bit encryption with protocols such as OpenVPN and auto shutdown switch. Other features include zero logging, ad blockers, antivirus and a tool that blocks online tracking.
If you are concerned about privacy when exchanging cryptocurrencies, you should try the CyberGhost VPN.
As the most secure VPN, NordVPN has very robust security with a circuit breaker and a huge server network with over 3,200 servers in 60 locations, plus support for up to 6 devices at a time.
Developed by Tefincom & Co, S.A., it has one of the largest networks of servers and sites and is also characterized by its speed and high performance.
However, besides these two elements, security is the most important feature that a VPN should have. That’s why NordVPN has 256-bit encryption, including other standard security protocols.
A unique feature of this Cryptocurrency VPN is its Dual VPN technology, which is similar to using two VPNs in that it routes your connection through two separate servers and Onion through the VPN among other protocols.
You can use the free trial version, and you can pay for it via Bitcoin.
Consult NordVPN if you want to be sure of your privacy when negotiating cryptocurrencies.
This universal cryptographic virtual private network (VPN), developed by Express VPN International Ltd, has a wide range of servers with over 1,500 servers in 148 locations and a variety of 30,000 IP addresses for simultaneous use on 3 devices.
The benefits are high speed, excellent user experience and the ability to take a speed test to determine which server is fastest for you, so you don’t have to search for a server randomly.
ExpressVPN also has a nice user interface and 24/7 technical support via email chat, which is handy if you need help using a VPN.
Other important features when using cryptocurrent are kill switch, peer-to-peer sharing, 256-bit AES encryption, zero-knowledge DNS, and you can choose which protocol to use.
However, it doesn’t have a plan or free trial, but you can buy it through cryptocurrency, although it’s a bit expensive.
Tired of worrying about your privacy when you exchange cryptocurrences? ExpressVPN can help you with this.
While the value of many cryptocurrencies has fallen in recent months, that doesn’t mean you should let your guard down. There are still a lot of hackers out there trying to get your parts back.
A reliable VPN tool can help you protect your hard-earned encrypted coins and give you peace of mind. So even if you’ve stopped mining, as long as you still have shares on your computer, it’s worth installing a good VPN solution, just in case.
Is there a VPN you are using with cryptocurrencies that are not listed? Let us know in the comment section below.
FAQ: Learn more about using a VPN for cryptocurrencies
- Should I use a VPN for cryptocurrences?
A VPN is highly recommended, as a small breach of your wallet data can ruin you in the blink of an eye. This makes them particularly useful for bitcoin transactions and mining.
- Can I use Binance with a VPN?
Yes, a VPN can be used with Binance without a problem, so you can get one of the best on the market.
- How to buy a VPN with crypto?
All you need to do is find a VPN service that allows you to use cryptocurrency as a payment method and sign up for it.
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frequently asked questions
What is the most reliable VPN?
Best VPN service of 2021 – CNET
What is the safest crypto currency to invest in?
The best cryptocurrency in 2021: What’s the best trade-off? – Benzinga
How are transactions in crypto-currencies secured?
Cryptography controls the creation and transfer of cryptocurrents, and the protocols underlying Bitcoin have proven to be robust. Bitcoin uses a distributed ledger, known as a blockchain, which gives owners a record of all their transactions that cannot be altered due to the absence of a single point of failure.
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