Best VPN for Cryptocurrency Trading

With cybercriminals targeting the crypto space furiously, there’s a dire need for more security. And that is exactly what VPNs provide. In this article, we’re going to talk about the best VPNs for cryptocurrency trading that you can use to make your experience a secure one.

What is a VPN?

A VPN, or virtual private network, enables you to establish a secure online connection to another network. When using public Wi-Fi, you can use a VPN to access websites that are only available in your location and to hide your browsing behavior from prying eyes.

Most VPNs work by routing your internet traffic through an encrypted tunnel to a server controlled by the VPN company. This server then connects you to the website or service you’re trying to access. This way, your traffic is encrypted and your IP address is hidden, so your online activity can’t be tracked.

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Benefits of using a VPN for cryptocurrency trading

The most important benefit of using VPNs for cryptocurrency trading is that it safeguards you from hackers. As mentioned earlier, software wallets mostly come in as browser extensions. But browsers are riddled with security loopholes. Every patched loophole gives rise to another loophole for the hackers to exploit.

It isn’t difficult for hackers to crack your software wallet’s password and steal your funds. If you have the money for it, going for a hardware wallet is a no-brainer. There are plenty of reliable options out there from Ledger and Trezor (amongst other companies). That would be the safest way to go forward.

Related Article: Ledger vs Trezor Full Review

Another security measure is to use a VPN. Connecting to a crypto exchange through a VPN encrypts traffic, preventing hackers from stealing your coins. 

Moreover, VPNs can help keep your trading activity private. Even if you’re not doing anything illegal, you may not want your ISP or government to know you’re trading cryptocurrencies. If a crypto exchange doesn’t require KYC then why give them your IP address that gives them so much of your data? 

Check out our list of the best decentralized derivatives exchanges

The Best VPNs for Cryptocurrency Trading

There is no shortage of good VPNs out there, but here are some of the best:

Surfshark

Surfshark is a budget-friendly, feature-rich VPN that is sure to please most users. The military-grade encryption and supporting features of the VPN make it one of the most secure VPNs out there. Despite being heavy on security, there is virtually no effect on the upload and download speeds for the users.

Features: Automatic kill switch, Double VPN, AES-256-bit encryption, Zero-logs policy, Camouflage Mode, DNS leak protection

Pros: Multi-hop servers, Value for money, Unlimited devices, Accepts crypto payments, Excellent speeds

Cons: Captchas on mobile, no router app

Pricing: $2.49 per month (two-year plan)

Rating: Features: 5/5, Ease of Use: 4/5, Security: 5/5, Pricing: 5/5

ExpressVPN

ExpressVPN is as safe as it is easy to use. It is one of the few VPNs capable of providing fantastic upload and download speeds while hiding your IP. This makes it a great choice for crypto traders. Moreover, it has something called the network lock, which is a feature available on Mac, Windows, Linux, and routers. It is basically an automatic kill switch for extra security.

Features: Automatic kill switch, 3000+ servers, Leak protection, Threat manager

Pros: Huge server network, Fast Lightway protocol, Accepts Bitcoin payments, RAM-only servers, CleanWeb ad-blocker, AES-256-bit encryption

Cons: Expensive

Pricing: $6.66 per month (15-months plan)

Rating: Features: 4/5, Ease of Use: 5/5, Security: 4/5, Pricing: 3/5

NordVPN

If there’s any VPN that truly invested in influencer marketing, it is NordVPN. There was a time when every other YouTube channel was sponsored by them. It is only when you actually use it that you realize just how good it is. With top-of-the-line security features, a no-logs policy, and 5400+ servers in 60 countries, NordVPN is an easy recommendation. Since you’d be using it for crypto trading, you’d be happy to know that it accepts Bitcoin, Ethereum, Litecoin, and a lot of other cryptos.

Features: AES-256-bit encryption, DNS leak protection, Double VPN feature, CyberSec adblocker, Trusted server feature, 6 simultaneous connections

Pros: Huge server network, Fast upload and download speed, Accepts crypto payments, RAM-only servers, Advanced security

Cons: Expensive, No kill switch on Android

Pricing: $3.29 per month (two-year plan)

Rating: Features: 5/5, Ease of Use: 5/5, Security: 5/5, Pricing: 3/5

IPVanish

If you’re like me, you’re probably using your wallet’s app both on your PC and mobile phone. So, you need to get both secure. And that can be an issue if you’re sharing your account with a friend or family member. The common limit is 5 devices. But not with IPVanish. It has an option to connect unlimited devices with one license. Just buy the license and you would be exposed to its 2,000 servers in 75 countries with a 30-day money-back guarantee.

Features: AES-256-bit encryption, 2,000+ servers, SHA-512 hash functions, Customisable kill switch, DNS leak protection

Pros: More countries in server network, No-logs policy, Accepts crypto payments, Unlimited connections

Cons: Price increases significantly after a year, Unavailable in China

Pricing: $3.33 per month (for the first year)

Rating: Features: 4/5, Ease of Use: 4/5, Security: 5/5, Pricing: 3/5

Cyberghost

Of all the VPNs we’ve discussed in this article, this is perhaps the simplest one. And that’s for beginner users. For advanced ones, there are plenty of features to be played with. With more than 8,000 servers and military-grade encryption, safety is never a concern using this VPN.

Features: 8000+ servers, Split tunneling, Kill switch, military-grade encryption

Pros: Huge server network, Fast upload and download, Accepts crypto payments, Low price for longer subscriptions

Cons: Expensive monthly plans

Pricing: $2.25 per month (for 3 years subscription)

Rating: Features: 4/5, Ease of Use: 5/5, Security: 5/5, Pricing: 4/5

Related Article: Ellipal Wallet Review

How to Choose the Right VPN for Cryptocurrency Trading

When choosing a VPN for cryptocurrency trading, it is important to consider the security and privacy benefits offered by the service. 

So, you first need to make sure the VPN has a strong encryption algorithm. This will protect your data from being intercepted by third parties.

Second, make sure the VPN has a wide range of servers in locations around the world. Since some countries have more restrictive policies than others when it comes to cryptocurrency trading, servers from some countries are going to be better for crypto trading than others.

Some VPN providers offer dedicated servers specifically for cryptocurrency trading. This will ensure that your traffic is not disrupted while you are engaged in the trading process.

Finally, and this might not be for everyone, some VPNs actually prevent you from torrenting. So, if it’s something you do, make sure that yours doesn’t prohibit torrenting.

Conclusion

With so many VPNs to choose from, getting the right one for your needs is difficult. Some VPNs have the same features while some bring innovation to the table. In the end, it’s all a matter of personal preference. 

So, try before you buy (if that’s allowed with your favorite VPN).

With this article, we’ve tried to help you find the best VPN for crypto trading. Happy trading!

Further Reading: How To save on taxes – Alto Crypto IRA Review