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:
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.
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.
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.
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
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.
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.
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.
Private Internet Access
Private Internet Access is a robust no-log VPN service. It has servers in 74 different countries which all of them support P2P traffic. It has great security, encryption and supports WireGuard, OpenVPN, and SOCKS5 protocols.
PIA can block malicious websites and ads, protect from trackers, and bypass VPN blocks. PIA is a pretty speedy service as it doesn’t have any bandwidth limits. It also allows you to connect up to 10 devices at once.
The service also allows port-forwarding, which is handy for those who torrent a lot. The downside may be that it does not work with streaming services. It is a more security-focused service.
Private Internet Access has a 30-day money-back guarantee. You can make crypto transactions for subscriptions with Bitcoin, Bitcoin Cash, Ethereum, Litecoin, ZCash, and Beam.
PureVPN is a great service to secure your crypto transactions. It has more than 2000 lightning-fast servers in 180+ locations globally.
It secures your traffic with AES-256 encryption and supports OpenVPN, IKEv2, and L2TP protocols. Other security features include Internet Kill Switch, DDoS protection, port-forwarding and IP leak protection.
PureVPN is great for watching movies online as it unblocks Netflix, Hulu and BBC iPlayer. It has dedicated streaming servers for that. You can also connect up to 10 devices at once. IT supports apps for Windows, MAc, iOS, Android, SmartTVs and gaming consoles.
PureVPN has a $0.99 7-day trial and a 30-day money-back guarantee. The service does not have a crypto payments option.
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: