Best VPNs for Crypto Trading 2023: Top 5 VPNs Explained
Virtual private networks, also known as VPNs are like these secret agents that safeguard your data and protect your identity while you’re browsing the internet. It’s especially awesome if you’re into trading cryptocurrencies because it adds an extra layer of security. Your online connection gets wrapped up in a digital cloak of encryption, shielding your precious information from those pesky hackers and other sneaky troublemakers. No one gets to peek at your payment details, not even a single soul. Plus, let’s not forget that a VPN is a must-have for crypto traders. There have been instances where hackers have targeted crypto exchanges, and having a VPN in place helps keep those cyber villains at bay.
You’ve got a ton of options when it comes to VPNs, but let me tell you, not all VPNs are made the same. It’s a bummer, but not every VPN out there is ideal for dealing with crypto. You see, not all of them support cryptocurrency payments, and there are even some that don’t provide enough security to keep those sneaky hackers at bay. Lucky for you, we’ve done our homework and found the ultimate VPN for all your crypto trading needs. So, in this article, I’m here to help you figure out which VPNs are the cream of the crop for crypto trading. Plus, I’ll break down the key factors you should consider when making your choice.
What we are going to learn?
Why do you need a VPN for Crypto Trading?
When it comes to crypto trading, safeguarding your IP address should be right at the top of your priority list. And that’s where a VPN comes in. A VPN, or Virtual Private Network, is a great tool that lets you establish a secure connection when you’re using public networks. It works by encrypting your internet traffic and disguising your online identity. And the cool thing is, this encryption happens in real time, so you’re always protected.
While it’s not mandatory to have a VPN for crypto trading, it’s highly recommended. Why? Well, a VPN not only keeps your data safe, but it also allows you to access crypto exchanges and make transactions in countries where cryptocurrency is not supported.
When it comes to crypto trading, it’s best to steer clear of those freebies. They often come with data limits, slower speeds, and fewer features compared to paid VPNs that are reliable and robust. Now, here’s another important tip for those of you who are in countries where crypto is a big no-no, like China. You’ll want to look for VPNs that have something called “obfuscated servers.” These sneaky servers are designed to camouflage your VPN use, making it nearly impossible for anyone to detect that you’re using one. It’s also very crucial to check if VPNs are legal in your location. So, always do your homework and make sure you’re on the right side of the law.
Top 5 VPNs for Crypto Trading
We took a deep dive into our extensive VPN collection and carefully handpicked the absolute best ones for all your crypto trading needs. These special VPNs not only let you pay with cryptocurrency but also prioritize your privacy above all else.
- Private Internet Access
- Cyber Ghost
If you’re on the lookout for a VPN that takes your security seriously, Surfshark is definitely worth considering. One standout feature is its two-factor authentication (2FA), which adds an extra layer of protection to your account. Surfshark promises to not collect any of your personal data thanks to their strict no-logs policy, meaning your online activities remain completely private. Another cool thing about Surfshark is their RAM-only servers. Even if these servers were to somehow fall into the wrong hands, like law enforcement, your data would still be safe and sound. Surfshark offers something called NoBorders and camouflage modes. These modes come in super handy because they help disguise your VPN usage. Plus, when it’s time to pay, you have the option to use CoinGate or CoinPayments, making it super convenient to pay with Bitcoin, Ethereum, or Litecoin.
- 1-month plan: $12.95/month
- 1-year plan: $3.99/month
- 2-year plan: $2.49/month
- 100 countries
- with 3200 servers.
When you connect to NordVPN’s impressive network of servers, your online connection gets locked up tight with AES-256-CBC cipher. This encryption standard is like the gold standard of security. It’s so powerful that not even your Internet Service Provider or those pesky hackers can peek at what you’re up to online. Now, here’s something pretty cool about NordVPN—they’ve got a whole lineup of speciality servers. Let’s take the Onion over VPN servers, for example. These servers work their magic by routing your internet traffic through the Tor network. With their money-back guarantee, robust encryption, and speciality servers, you’ll be surfing the web with confidence in no time.
- 1-month plan: $11.99/month
- 1-year plan: $4.99/month
- 2-year plan: $3.49/month
- 60 countries
- with 5700+ servers
If you’re looking for a VPN provider that lets you buy their service with Bitcoin through BitPay, then ExpressVPN is one of the rare gems out there. Speaking of privacy, ExpressVPN takes it seriously. They strictly follow a zero-logs policy, which means they don’t keep any records of your online activities. And here’s another perk—they’re located in the privacy-friendly jurisdiction of the British Virgin Islands. So, you can rest assured that your data remains confidential and protected. ExpressVPN uses the Lightning-fast Lightway tunnelling protocol. This means that you’ll enjoy blazing-fast connections without compromising your safety. Additionally it also offers an automatic kill switch, known as a network lock.
- 1-month plan: $12.95/month
- 6-month plan: $9.99/month
- 15-month plan: $6.66/month
- 94 countries
- with 3000 servers
If you’re using an iPhone or an Android phone, signing up for PIA (Private Internet Access) comes with a sweet perk—an awesome seven-day free trial to give their features a test drive. It’s like taking a brand new car out for a spin before committing to it. And hey, if you’re not completely satisfied with the service, no worries! PIA offers a 30-day money-back guarantee. Sure, it may not be the fastest VPN out there, but it more than makes up for it with its impressive lineup of security features. It is super generous when it comes to device connections. With just a single PIA subscription, you can connect up to 10 devices.
- 1-month plan: $11.95/month
- 1-year plan: $3.33/month
- 2-year plan: $2.19/month
- More than 84 countries
If you’re someone who needs a lot of it when trading cryptocurrencies, CyberGhost is a fantastic choice. They understand your data needs and provide ample support to ensure you can trade without any limitations. CyberGhost offers all the essential features you need to keep your online activities secure. From a robust kill switch feature to an efficient ad blocker, they boast of top-class features that keep the pesky adware and trackers at bay. They’ve got NoSpy servers. These servers are controlled by CyberGhost themselves, which means they have full control over them. This translates to even better speeds and a more secure connection. While CyberGhost’s speeds may not be as consistent on OpenVPN, they more than make up for it with their stable connections on the IKEv2 and WireGuard protocols.
- 1-month plan: $12.99/month
- 6-month plan: $6.99/month
- 2-year plan: $2.37/month
- 91 countries
- with 9700 servers
How did we select the best VPNs for cryptocurrencies?: Methodology we used?
The process of selecting the top VPNs for cryptocurrency trading involved rigorous testing and evaluation based on the following criteria:
The VPNs were assessed based on their ability to protect online activities. This included evaluating the encryption protocols used, such as AES-256, and the implementation of open-sourced protocols like OpenVPN. Tests were also conducted to check for any WebRTC and DNS leaks, ensuring that user data remained secure. VPNs offering multi-hop technology, which adds an extra layer of protection by routing the connection through multiple servers, received bonus points.
The privacy policies of each VPN were thoroughly examined to determine the extent of data collection and how that data is handled. The focus was on ensuring that VPNs do not keep track of users’ IP addresses, login/logout times, or browsing history.
Preference was given to VPNs that do not share or sell user data to corporate partners. VPNs based in countries outside the surveillance alliances of Five Eyes, Nine Eyes, and 14 Eyes were favored, as they are not subject to mandatory data retention laws.
VPNs inherently introduce some degree of slowdown, but the goal was to identify VPNs that minimize this impact. Speed tests using Ookla were conducted to measure Ping rates, download speeds, and upload speeds. The percentage difference in performance with and without the VPN was calculated to compare the relative speeds of different VPNs on both Windows and Mac devices.
The availability of additional features offered by the VPNs was considered. VPNs that allowed access to popular streaming services like Netflix, Hulu, and Disney Plus were favored. Support for torrenting and the presence of split tunneling functionality, which enables simultaneous use of VPN and regular internet, were also taken into account.
The responsiveness of VPN providers to user queries and issues was evaluated. Availability of resources such as extensive knowledge bases and blogs was considered. VPNs providing 24/7 online chat support were given preference to ensure users can promptly receive professional assistance when needed.
The pricing structure of each VPN was analyzed, taking into account the overall value provided. While the maximum preferred cost was set at $12 per month, the availability of flexible pricing options, including discounted rates for longer subscription plans, was considered. The emphasis was on assessing the value offered by the VPN in terms of privacy, security, and features rather than solely focusing on the price.
By thoroughly evaluating VPNs based on these criteria, the selection process aimed to identify the best VPNs for cryptocurrency users, ensuring a balance between security, privacy, speed, features, customer support, and pricing.
Picking the right VPN is a big deal, especially when you’re diving into the world of crypto trading. You want a VPN that not only unlocks those specific crypto market websites but also keeps your online activities safe and private. When it comes to choosing a VPN for crypto trading, make sure it can unblock those market websites, offers top-notch security, keeps your online activities private, and accepts crypto coin payments. Armed with this knowledge, you’re all set to make an informed decision and take your crypto trading to the next level.
VPN is an essential tool for crypto traders like yourself. You see, there have been cases where hackers targeted crypto exchanges, trying to get their hands on people’s hard-earned virtual treasures. So, next time you’re diving into the exciting world of cryptocurrencies, remember to bring along your trusty VPN.