With the rising popularity of cryptocurrency trading over the past few years, ensuring online security and privacy has become increasingly important. When engaging in financial transactions related to buying and selling cryptos, you need to take every possible precaution to protect yourself.
Using a Virtual Private Network, or VPN, is one of the best security precautions you can take to increase the security of your trades. Let’s take a look at the top VPN picks for crypto trading in 2024 and beyond.
The 8 Best VPNs For Crypto Trading: The Best Services for 2024
The following VPNs earned top marks in our research due to their strong encryptions, global server networks, and user-friendly apps. Let’s take a closer look at each:
1. NordVPN – Large server selection and security features
Taking the top spot is the industry veteran NordVPN. As one of the most well-established names in VPNs, NordVPN has perfected the art of security. Some key reasons it’s such a great choice for crypto traders include:
- Military-grade AES-256 encryption for top-notch protection of your data on public networks. Think of it like Fort Knox for your online transactions.
- A multi-hop feature where you can route your connection through multiple countries for added anonymity layers. Outsmart those looking to track your moves.
- Over 5,500 servers across 60 countries. Finding one with a good speed near you is rarely an issue.
- No-logging policy and Panama base keep prying eyes far away. Your crypto activities will remain just between you and the blockchain.
Great performance on multiple devices simultaneously. Trade on your laptop, phone, and tablet without compromising security.
Suitable For: Experienced crypto traders seeking robust security features.
Pricing: Plans start at $3.49/month, billed annually. 30-day money-back guarantee.
- Double data encryption for extra security
- Capable of unblocking streaming content
- Accepts Bitcoin payments
- Good speeds for fast crypto trades
- Kill switch prevents leaks if the VPN drops
- More expensive than some competitors
- Only 6 simultaneous connections
- No live chat support
2. ExpressVPN – Blazing fast speeds and streaming support
For traders wanting the fastest speeds possible without sacrificing security, ExpressVPN delivers. Here are some of its standout qualities:
- Warp-speed performance thanks to proprietary Lightway protocol that’s optimized for throughput. Place those trades lightning quick.
- Zero-logs policy and global base in the British Virgin Islands create a truly anonymous experience.
- Access to Netflix, Hulu, BBC iPlayer, and more while maintaining privacy. Take a break from the charts in comfort.
- Intuitive apps for all devices provide a seamless experience anywhere. The interface is incredibly user-friendly too.
- The kill switch feature drops your internet connection if the VPN fails, keeping you protected. No pesky exposure windows.
Bank-grade AES-256 encryption keeps hackers at bay, just like with the high rollers at the exchange. Your funds are safe as houses.
Suitable For: Beginner and experienced traders seeking fast speeds.
Pricing: Plans start at $12.95/month for 1 month or $8.32 for 1 year (savings of 35%).
- Unlimited simultaneous streams
- Crypto payment options via Bitcoin
- Fastest overall speeds for quick trades
- Strong DNS leak protection
- 24/7 live chat support
- More expensive than others tested
- Only a 30-day refund window
3. Surfshark – Unlimited simultaneous connections and affordable plans
Surfshark flies high with an unlimited number of simultaneous connections, bringing friends and family securely into the crypto space. Some other strengths include:
- It offers an ultra-affordable flat monthly rate of just $2.49 by committing to its 2-year plan. Save more to put towards your portfolio.
- A clean interface on all devices simplifies setup. Newbies will pick it up in no time without headaches.
- Headquartered in the British Virgin Islands outside international surveillance regimes. Your digital trails cannot be accessed.
- Fast speeds even on largely congested servers, ensuring smooth trading sessions. Places orders in a flash.
- Kill switch, AES-256 encryption, and CleanWeb filter keep bad actors at bay on public networks. Safe and sound trading, always.
While it may lack some of the advanced features of pricier options for crypto beginners or those on a budget, Surfshark is an incredible bang for your buck. Its accessibility, affordability, and simplicity make it ideal for many.
Suitable For: Budget-conscious beginner traders.
Pricing: Starting at $2.49/month for a 2-year plan. 30-day refund window.
- Unlimited simultaneous connections
- Cheapest plan tested under $3/month
- Over 3,200 servers worldwide
- Accepts Bitcoin payments
- Good speeds on local servers
- Slower on long-distance servers
- Basic live support
4. CyberGhost – Intuitive apps and automated connections
As one of the few VPN providers that accept cryptocurrency payments natively, CyberGhost is a solid pick for those deep in the crypto lifestyle. Some additional reasons why it’s worth considering include:
- Based in Romania, outside the prying eyes of authorities like the NSA. Privacy is the priority, as it should be.
- Over 6,000 servers worldwide let you spoof your location to access exchanges globally. Expand your trading territory.
- User-friendly apps for all devices get beginners up and running in a snap. Simple to use and understand.
- 45-day money-back guarantee. If it’s not delivering the goods, get your money back with no headaches. Low risk.
- Kill switch, AES-256 encryption, and anonymity features help surf comfortably and securely. Focus on the charts, not snoops.
While not the absolute fastest option, CyberGhost delivers a premium private internet experience at a very reasonable $2-3 monthly rate. For convenience and total cryptocurrency platform compatibility, it’s a top VPN for crypto traders globally.
Suitable For: Casual crypto traders & automating VPN rules.
Pricing: From $2.75/month for 1 year or $3.69/month for 1-month.
- User-friendly novices interface
- Live 24/7 support via chat
- Good speeds for most locations
- Automatic kill switch
- 45-day refund window
- No obfuscated servers
- Fixed IP addresses could be identified
5. IPVanish – Large server selection and military-grade encryption
As one of the few US-based VPN providers, IPVanish is an intriguing choice for those subject to stricter regulations around crypto activities. Here are some key benefits:
- Over 1,500 servers worldwide including 40+ countries, spoof your digital location stealthily.
- Military-grade 256-bit AES encryption and OpenVPN protocols defend your digital activities from prying networks.
- Unlimited device support means you can trade from anywhere seamlessly and securely.
- Zero-logs and dedicated IP addresses provide strong anonymity online. Your digital trail vanishes.
- Intuitive, streamlined apps for all platforms earn it high marks for usability from beginners and pros alike.
While its US base raises some (few) questions around surveillance, IPVanish stands out as a strong option for securely navigating crypto within more regulated jurisdictions. Speeds remain quite good too.
Suitable For: Users favoring extra security protection & privacy.
Pricing: From $6.49/month to $73.99/year for 5 connections. 30-day refund policy.
- Fastest overall throughput
- Military-grade encryption
- Unlimited simultaneous use
- Accepts cryptocurrency payments
- Good app quality-of-life features
- More expensive than others
- Smaller server selection than rivals
6. Private Internet Access – Excellent ad blocking and malware protection
As one of the pioneering VPN providers years ago, Private Internet Access (PIA) has grown into a robust security solution at an affordable price. Here’s what else makes it great:
- Military-grade AES-256 encryption safeguards your data from hackers on shared networks.
- A large global server network masks your digital location stealthily across over 3,300 servers in 78 locations.
- Blocks malware, ads, and trackers through its “Stealth” kill switch mode. Web surf in total stealth.
- Accepts Bitcoin, Bitcoin Cash, Litecoin, and Gift Cards as payment. Fits right into the crypto lifestyle.
- Cross-platform VPN apps for all devices make setup and use a breeze. Beginner-friendly design.
A long-time favorite of privacy advocates, PIA remains competitively priced for crypto traders seeking total anonymity and secure financial transactions online. Hassle-free VPN protection is worth considering.
Suitable For: Tech-savvy crypto traders seeking customization.
Pricing: Starting at $2.30/month. 30-day refund window.
- $2.30/month price hard to beat
- No activity logging or connection limits
- Kill switch and DNS leak protection
- Malware and tracker blocking
- Accepts Bitcoin payments
- Only average speeds on some servers
- Basic live support
7. Hotspot Shield – No-logs privacy policy and multi-hop connections
As one VPN to boast having over 400 million downloads to date, Hotspot Shield has become a household name in online security. Here are some top reasons traders rely on it:
- Unlimited simultaneous connections for trading from desktop and mobile seamlessly with perfect privacy.
- Fast, optimized connection speeds on Windows, Mac, iOS, and Android deliver smooth experiences.
- Military-grade encryption for protected online banking, exchanges, and crypto activities anywhere.
- Zero-logs policy and VPN based in the British Virgin Islands remove any digital paper trails.
- User-friendly apps for beginners get set up without hassles, keeping focus on the charts.
Hotspot Shield’s large server selection helps users anonymously access virtual trading platforms internationally, fulfilling the need for many to have versatile network access while seeking the best free VPN for crypto trading.
Suitable For: Traveling crypto traders seeking coverage abroad.
Pricing: Starting at $2.99/month or $6.99/month for top plan. 30-day refund window.
- Geographically diverse servers
- Browser extensions for easy use
- No activity or connection logs kept
- Accepts cryptocurrency payments
- Fast speeds on several server locations
- Basic live customer support
- More expensive than editors’ top choices
8. Proton VPN – Open-source apps and Swiss privacy laws
As one of few VPNs boasting a ‘Secure Core’ encrypted network based in Switzerland, privacy powerhouse Proton VPN is a leader for crypto traders chasing top security. Some strengths include:
- Military-grade AES-256 encryption with OpenVPN and IKEv2 protocols lock down private trading habits.
- A large global server network provides reliable and quick access to exchanges worldwide.
- The zero-logs policy and Switzerland base provide maximum legal protection against surveillance overreach.
- Easy-to-use apps for all platforms remove learning curves to focus on the markets.
Dedicated entirely to digital privacy and security with a transparent business model, Proton VPN is a top choice of many privacy advocates in both crypto and beyond, seeking absolute trust. Reliability and security run deep here.
Suitable For: Privacy purists prioritizing zero data collection.
Pricing: Starting at $8/month or $48 annually with Bitcoin payments supported. 30-day money-back guarantee.
- Logs deleted within 24 hours for top privacy
- User-friendly apps for all platforms
- Automatic kill switch on mobile
- Accepts cryptocurrency payments
- Fast speeds in Europe and the US
- Fewer servers than leading rivals
- Basic live support
Side-by-side comparison of top VPNs for crypto users
For a quick rundown of each VPN’s core features, check the table below.
Monthly Cost | Server Locations | Simultaneous Devices | Encryption | |
---|---|---|---|---|
NordVPN | $3.49 | Over 5,500 | 6 | AES-256-GCM |
ExpressVPN | $8.32 | Over 3,000 | 5 | AES-256 |
Surfshark | $2.49 | Over 3,200 | Unlimited | AES-256-GCM |
CyberGhost | $2.75 | Over 6,000 | 7 | AES-256-GCM |
IPVanish | $6.49 | Over 1,500 | 10 | AES-256 |
Private Internet Access | $2.30 | Over 3,300 | 10 | AES-256-GCM |
Hotspot Shield | $2.99 – $6.99 | Over 2,000 | 5 | AES-256 |
ProtonVPN | $4 | Over 5,000 | 1-10 | AES-256 |
How to choose a VPN for trading cryptocurrencies
Now that you’re familiar with some of the top VPN providers for safely navigating the crypto scene, how do you pick the best one? Here are a few factors to consider as you weigh your options:
Security & privacy
Opt for a service with bank-grade encryption, a verified no-logs policy, and leak protection to shield your digital identity and financial transactions. Kill switches, DNS leak prevention, and other leak containment are key.
Speed & stability
Lag can cause you to miss market shifts. Ensure quality infrastructure with fast connections to major exchanges worldwide for optimal performance during trades. Look for strong uptime records too.
Device support
Look for wide platform compatibility across desktops, mobile, and routers. Unlimited devices are best if you trade on multiple platforms simultaneously.
Ease of use
Friendly, intuitive apps make setup and daily use a cinch. 24/7 support availability provides lifelines when glitches happen.
Account perks
Extra features like ad blocking, malware filtering, and automatic protocols add value. Bitcoin payment options suit crypto enthusiasts.
Pricing & guarantees
Long-term plans provide the most savings. Money-back pledges protect your investment if a provider underdelivers.
Do your research to find a virtual shield that ticks all the right boxes and allows you to confidently pursue crypto opportunities from anywhere. Implementing VPN encryption for trading is a simple step that can go a long way in safeguarding your portfolio’s potential.
Do I need a VPN to trade cryptocurrency?
Many mistakenly believe using a VPN is optional for digital currency dealings. However, there are strong arguments for why shielding these sensitive activities is recommended:
- Anonymity – your true IP address and location can be obscured from exchanges and other entities collecting online data for marketing or surveillance.
- Censorship avoidance – if traveling to regions with exchange restrictions, a VPN lets you seamlessly access blocked sites from anywhere. Choosing a VPN with a good global server network is important for crypto traders, as the best VPN location for crypto trading will provide reliable access to exchanges worldwide.
- Security – all VPNs encrypt your web traffic, making it impenetrable to hackers on public networks who might see unprotected login credentials or wallet addresses. Some providers even block known malicious domains.
- Privacy – crypto transactions stick around forever on public ledgers, so keeping your identity decoupled from these permanent records is wise for both legal and personal privacy reasons.
- Peace of mind – worrying less about digital theft or being subject to changing laws gives you more headspace to devote to research and strategy without paranoid distractions.
While VPNs don’t replace other prudent cybersecurity best practices like using strong passwords and hardware wallets, they can significantly raise the barriers against common online dangers. For maximal protection of your crypto investing activities, establishing a virtual tunnel is a low-effort move with a large upside.
The bottom line
In today’s digital world, a virtual private network provides an extra layer of protection for trading cryptocurrencies and keeping your virtual wealth under wraps. Using a highly-rated VPN is one of the simplest yet most effective steps to take. Following the guidance in this article should help you select the right provider best suited to your unique needs. Now that you know how to stay safe while trading crypto, you can take a look at the best crypto analysis and research tools to make a profitable investment.
For additional information about keeping your crypto safe, check our in-depth article on how to secure your crypto.
Source: https://coincodex.com/article/37873/best-vpns-for-crypto-trading/