Do You Need to Use a VPN for Crypto Transactions?

Cryptocurrency has grown to become a massive, global trend due to the different benefits it offers. You can make pseudonymous payments, instant transfers anywhere in the world, and you are the sole owner of your money.

There are no banks or other intermediaries in the way, thanks to decentralization. This greatly reduces transfer costs and time.

With that said, you are still at risk of losing your funds if you use cryptos without any protection. This is why we recommend using a VPN to protect yourself, your privacy, and your funds whenever you make crypto transactions.

The Dangers of Making Unprotected Crypto Transactions 

You may have heard that cryptocurrency transactions tend to be very secure, and that is true. However, there is still the danger that your connection can be intercepted as it travels through the web.

If this happens, you might lose your funds if hackers manage to access your crypto or exchange wallet.

Not to mention that crypto transactions are only pseudonymous, and not completely anonymous. If someone manages to connect your wallet and your IP address, you can be identified with ease.

Another issue with cryptocurrencies is that some countries do not allow their citizens to use crypto. They block websites or discourage the use through ridiculously high taxes. 

You are also in danger of being infected with crypto-jacking malware. It can use your computer’s resources to mine cryptocurrencies for the hackers.

As you can see, there are quite a few dangers if using cryptocurrencies without a VPN. Using a VPN can help secure your crypto transactions and keep it private.

How Can VPN Secure Your Crypto Transactions?

A VPN can help you secure your crypto transactions with extra security, encryption, and preventing your connections from being intercepted. A VPN routes your data through a secure tunnel to a VPN server so that it is hidden from governments, ISPs, and hackers. With encryption, your data becomes unreadable to anyone who might look at it.

A VPN allows you to connect to servers around the world. By doing so, you hide your original IP address this way anonymizing your internet traffic. This also virtually changes your location which can help you bypass censorship and geo-restrictions.

This can be useful in countries where cryptocurrencies, news sites, and forums are blocked. If you’re in crypto space, you should always keep track of such websites so you would know the latest developments and events that might impact the price of digital coins.

Also, since there are many crypto scammers and phishing attacks, some VPNs have features that can help you with that. Malicious website blockers are also part of the best VPN suites. They warn you about malicious websites and ads that could infect your device with cryptojack scripts.

How to Choose a VPN for Crypto Transactions? 

To choose the best VPN you need to carefully examine every service and see what features they offer. Some of the most important features to keep in mind include the following:

Security features

Make sure that the VPN employs the best available security protocols and encryption. For example, you should look for services that use OpenVPN security protocol, and 256-bit AES encryption, both of which are the most secure right now.

A VPN doesn’t have to have more than that to be considered a good service, but any additional security features are a bonus. Some that you might expect are a kill switch, DNS leak protection, split tunneling, and malware blockers.

No-logs policy

Any decent VPN out there has a no-logs policy, which means that they won’t record your data on their servers. This is what makes them different from your ISP, which logs every step you take online. Never use VPNs that do not clearly state that they have this policy in place, as they might record and sell your information.

Large Server networks

A large server network is great for bypassing censorship and geo-restrictions. The more servers a VPN has, the better the chances that it can reach great speeds, as their servers won’t be overcrowded.

Meanwhile, the more countries it covers with its network, the more content you get to unblock. So, the larger the network, the better.

High speeds

Due to strong encryption, VPN services tend to slow down your internet a bit. However, the best ones barely affect your internet speed. The faster the VPN is, the less laggy your browsing experience will be. It is also important for real-time price checks and crypto trading.

The number of supported devices

Because every person uses about 2-3 devices daily, it is necessary to use a VPN that can cover all of them simultaneously. That way, you can protect your phone, tablet, PC, and even Smart TV at the same time. This means that you can always trade crypto in peace, knowing that you have protected yourself, as well as your family and their devices.

Apps

A VPN should support all the devices and systems that you aim to protect. This is why it is important to always check which platforms are supported before selecting a provider. Many of them already have apps for Android, iOS, Mac, or Windows.

Best VPN for Cryptocurrency Transactions – our detailed list:

1. NordVPN

NordVPN is another very reliable and reputable VPN service that keeps no logs. It is based in Panama which is a privacy-friendly country.

It has more than 5000+ servers in 59 countries with excellent speeds. It also supports OpenVPN, WireGuard, and IKEv2 protocols. Security features also include IP leak protection, Internet Kill Switch, and malicious website blocker.

You can use NordVPN on many different devices and OS such as Windows, Mac, Linux, iOS, or Android. It allows you to connect up to 6 devices at once.

The service is also great for streaming as it works with Netflix, Hulu, or Disney Plus. There’s also full torrenting support with P2P dedicated servers.

NordVPN accepts cryptocurrencies like Bitcoin, Ethereum, or Ripple. There’s a 30-day money-back guarantee on all its plans.

2. Surfshark

Surfshark is a VPN from the British Virgin Islands with a clear no-logs policy. It has a server network that spans throughout 63 countries with more than 1700 servers.

Surfshark is a feature-rich service. It has protection from malicious websites, blocks online ads, has split-tunneling, and supports Shadowsocks protocol. It also allows an unlimited number of devices to be connected with the same account.

The service supports OpenVPN, IKEv2, and Shadowsocks protocols. It uses strong AES-256 encryption and has no IP leaks.

Surfshark also works with torrenting and can unblock streaming services like Netflix or Disney Plus.

You can use cryptocurrencies like Bitcoin, Ethereum, Litecoin, and Ripple for any subscription. There’s also a 30-day money-back guarantee.

3. AtlasVPN

AtlasVPN protects your crypto payments with military-grade encryption. As crypto transactions are not fully anonymous, the VPN adds the needed layer of security to make them so.

In the case you’re based in a location where exchanging cryptocurrency isn’t allowed, connect to one of the 750+ servers to bypass the geo-blocks. You can also do this through one of the SafeSwap servers which allow you to access the web from more than one IP address.

The built-in tracker blocker prevents third-parties from gathering data about your online activities, and the ad and malware blocker blocks sites and ads with possibly malicious content. You can also use the data breach monitor to make sure none of your personal data such as bank account details have been exposed online.

AtlasVPN supports unlimited connections so you can make crypto transactions on all your devices. The strict no-logs policy ensures none of your payment data will be collected, and therefore leaked.

With the service being one of the cheaper options, all the plans are affordable and come with a 30-day money-back guarantee.

4. PrivateVPN

When it comes to this VPN, the name itself gives it away why it’s a fantastic choice for everyone looking to secure their crypto transactions. PrivateVPN is a very safe and private VPN service with excellent security features. You can choose between different encryption settings and protocols. Moreover, this VPN doesn’t keep any data logs on your activities. It even accepts Bitcoin payments so that you can sign up with the service completely anonymously.

It has more than 200 server locations in 63 locations worldwide. Its servers have an impressive 99.98% uptime and offer above-average connection speeds, so you don’t have to worry about any connection issues when using PrivateVPN. Additionally, PrivateVPN has excellent unblocking power and is great for P2P file sharing. This makes it an outstanding all-purpose VPN and not just a superb service for crypto transactions.

5. ExpressVPN

ExpressVPN is a privacy-focused service based in the British Virgin Islands. Its top security features and extremely high speeds make it one of the best services in the industry.

It also has a very large server network, which covers 94 countries with more than 3,000 servers. It does not keep any logs and run the servers on RAM disks.

ExpressVPN has best-in-class AES-256 encryption and supports protocols like OpenVPN, IKEv2, and L2TP. It has IP and DNS leak protection, split tunneling, and an Internet Kill Switch.

It can connect up to 5 devices at once and supports all OS and devices. These are secure and audited apps for Mac, iOS, Android, Windows, Linux, SmartTVs, and even routers.

ExpressVPN has a 30-day money-back guarantee on all subscriptions. Bitcoin is also accepted.

Conclusion

When the crypto world is full of scammers and crypto-jacking malware, you would want to secure your funds as much as possible. Using a VPN is a great way to do that. It would not only keep your online browsing private but also protect from hackers stealing your crypto coins. It can also unblock content and websites that are otherwise geo-restricted.

Here are the best VPNs for crypto transactions:

Rating	VPN	Website
4.8/5		Visit NordVPN!
4.6/5		Visit Surfshark!
4.5/5		Visit AtlasVPN!
4.4/5		Visit PrivateVPN!
4.4/5		Visit ExpressVPN!