do you need to use a vpn for crypto transactions

Due to its many benefits, cryptocurrency is a huge global trend. You are the sole owner and beneficiary of your money.

Decentralization means that there are no intermediaries or banks in the way. This significantly reduces the time and costs of transfer.

You still have the risk of losing your money if you use cryptos with no protection. To protect your privacy and your funds, we recommend that you use a VPN whenever you conduct crypto transactions.

The dangers of making unprotected crypto transactions

It is possible that you have heard that cryptocurrency transactions are very secure. There is always the possibility that your connection could be intercepted while it travels across the internet.

This could lead to you losing your funds if hackers gain access to your crypto- or exchange wallet.

Crypto transactions are not anonymous and pseudonymous. You can easily be identified if someone connects your wallet to your IP address.

One problem with cryptocurrency is that not all countries allow citizens to use it. Some countries block websites and discourage use of crypto through prohibitive taxes.

Crypto-jacking malware can also be spread to your computer. It could use your computer’s resources for mining cryptocurrencies for hackers.

There are many dangers when using cryptocurrency without a VPN. A VPN is a good choice to protect your crypto transactions and keep them private.

How can VPN secure your crypto transactions?

VPNs can help protect your crypto transactions by adding encryption and to prevent your connections being intercepted. VPNs route your data via a secure tunnel to a VPN server, so it is protected from hackers, ISPs and governments. Your data is unreadable by anyone who may look at it because encryption makes it impossible to read.

VPNs allow you to connect to any server around the globe. This allows you to hide your IP address and anonymize your internet traffic. This also changes your location , which can be used to bypass geo-restrictions and censorship .

This is useful for countries that block news sites, cryptocurrencies, or forums. You should keep an eye on these websites if you are interested in the crypto space. This will allow you to stay up-to-date with the latest developments and any events that could impact the price for digital coins.

Some VPNs also have features that will help you avoid phishing attacks and crypto scammers. The best VPN suites also include malicious website blockers. They alert you to malicious websites and ads which could infect your device with cryptojacking scripts .

How do you choose a VPN to support crypto transactions?

You need to thoroughly review each service and compare their features in order to choose the best VPN. These are some of the most important things to remember:

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Security features

You should ensure that your VPN uses the most secure encryption and security protocols available. You should search for VPN services that use OpenVPN security protocol and 256-bit AES encryption. These are the most secure options available right now.

While a VPN does not have to offer more security features to be considered a reliable service, any extra security features are an added bonus. You might also expect a kill switch and DNS leak protection. Split tunneling is another option. Malware blockers are also available.

No-logs policy

Every VPN that is worth its salt has a zero-logs policy. This means they won’t store any of your data on their servers. This makes them different than your ISP which logs every online step. Do not use VPNs without clearly stating that this policy is in place. They might sell or record your information.

Large server networks

It is possible to bypass geo-restrictions and censorship by having a large server network. A VPN will be able to reach high speeds if it has many servers. This is because they won’t have too many servers.

The more countries it covers, the more content you can unblock. The larger the network is, the better.

High speeds

VPN services can slow down your internet speed due to their strong encryption. The best VPN services will not slow down your internet speed. Your browsing experience will be faster if the VPN is fast. It is important for crypto trading and price monitoring.

The number of devices supported

A VPN should be able to cover multiple devices at once, as everyone uses approximately 2-3 devices per day. This allows you to protect your smartphone, tablet, computer, and Smart TV all at once. You can trade crypto with confidence knowing you have safeguarded your family members and their devices.

Apps

All devices and systems you want to protect should be supported by a VPN. It is therefore important to verify which platforms are supported by a VPN provider before you choose one. Many have apps available for Android, iOS and Mac.

Best VPN to Use for Cryptocurrency Transactions

NordVPN

NordVPN, another reliable and trusted VPN service, does not keep logs. It is located in Panama, which is privacy-friendly.

It boasts more than 5000+ servers across 59 countries, with high speeds. OpenVPN, WireGuard and IKEv2 protocols are supported. It also includes IP leak protection, Internet Kill Switch and Malicious website blocker.

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NordVPN can be used on many devices and OS, including Windows, Mac, Linux or iOS. You can connect up to six devices simultaneously.

It works with Netflix, Hulu and Disney Plus, so streaming is easy. You can also torrent from the service using P2P dedicated servers.

NordVPN is open to accepting cryptocurrencies such as Bitcoin, Ethereum, and Ripple. All plans come with a 30-day money back guarantee.

NordVPN logo

  • 5200+ global servers in 59+ countries
  • CyberSec malware and ad-blocking protection
  • Next-generation encryption with double VPN servers
  • Obfuscation technology that masks VPN traffic
  • Strict no-logs policy
  • Works with Netflix and good for streaming
  • Lightning fast with P2P support
  • 30-day money-back guarantee

PrivateVPN

This VPN is a great choice for anyone looking to protect their crypto transactions. The name alone says it all. PrivateVPN is a private VPN service that offers excellent security features. You can select from different encryption settings. This VPN does not keep any logs of your activities. You can even sign up anonymously by accepting Bitcoin payments

It has over 200 server locations in 63 countries. PrivateVPN’s servers offer an amazing 99.98% uptime, and provide faster connections than average. This means that you won’t have to worry if your connection is slow. PrivateVPN is a great choice for file sharing and has an excellent unblocking ability . PrivateVPN is a great all-purpose VPN, and not only for crypto transactions.

PrivateVPN logo horizontal

  • Server locations in 60+ countries
  • Zero data logging policy
  • 2048-bit encryption with AES-256
  • Unlimited bandwidth and great speeds
  • Supports anonymous torrenting / P2P friendly
  • 30-day money-back guarantee
  • Allows port forwarding

Surfshark

Surfshark VPN is a VPN service that originates in the British Virgin Islands. It has a no-logs policy. It boasts a network of servers that spans across 63 countries and more than 1700 servers.

Surfshark has many features. It offers protection against malicious websites, block online ads, split-tunneling and supports Shadowsocks protocol. You can also connect unlimited devices to the same account.

OpenVPN, IKEv2, Shadowsocks and Shadowsocks protocols are supported by the service. It is strong in AES256 encryption and does not leak IP information.

Surfshark can also be used to torrent and unblock streaming services such as Netflix or Disney Plus.

Any subscription can be paid using cryptocurrencies such as Ripple, Ethereum, Litecoin and Litecoin. You also have a 30-day money back guarantee

ExpressVPN

ExpressVPN , a privacy-focused service that is based in British Virgin Islands, is ExpressVPN . It is one of the most reliable services in the sector thanks to its top security features and super fast speeds.

It also boasts a large server network that covers more than 3,000 servers in 94 countries. It doesn’t keep logs and runs the servers on RAM disks.

ExpressVPN supports protocols such as OpenVPN and IKEv2 and has the best-in class AES256 encryption. It offers IP and DNS leak protection, split tunneling and an Internet Kill Switch.

It supports all OS and can connect to up to five devices simultaneously. These apps are audited and secure for Mac, iOS and Android, Windows, Linux and SmartTVs.

ExpressVPN offers a 30-day money back guarantee for all subscriptions. You can also accept Bitcoin.

  • 160+ Locations and 3000+ Servers
  • Strict No-Log policy
  • Unlimited streaming (Netflix, Hulu, BBC iPlayer)
  • Strong military-grade AES256-bit key encryption
  • Split tunneling, Kill Switch and RAM-disk Servers
  • 30-day money-back guarantee
  • Support for Windows, MacOS and Linux
  • Reliable connections and fast speeds

Private Internet Access

Private Internet Access provides a reliable, no-log VPN service. It supports P2P traffic and has servers in 74 countries. It offers great security and encryption. It also supports OpenVPN, WireGuard and SOCKS5 protocols.

PIA is able to block malicious websites and ads as well as protect against trackers and bypass VPN blocking. PIA doesn’t have bandwidth limitations and is very fast. You can also connect up to 10 devices simultaneously.

Port-forwarding is also available, which can be very useful for torrent users. It does not support streaming services. It’s a more secure service.

Private Internet Access offers a 30-day money back guarantee. Crypto transactions can be made for subscriptions using Bitcoin Cash, Ethereum and Litecoin.

  • WireGuard supports all platforms
  • WG currently is in beta testing phase
  • No Request or Traffic logs
  • You can use it with up to 10 devices simultaneously
  • Unlimited Bandwidth at good speeds
  • 3200+ Servers in 29 countries
  • 30-day money-back guarantee

Conclusion

You want to protect your funds from scammers and other crypto-jacking malware. A VPN is a great option to secure your funds. A VPN will not only protect your internet browsing but also prevent hackers from stealing your crypto coins. It can also block geo-restricted websites and content.

Here are the best VPNs for crypto transactions:

Rank

VPN Service

Rating

Website

1

NordVPN

5/5

Visit NordVPN!

2

Surfshark

4.5/5

Visit PrivateVPN!

3

Surfshark

4.5/5

Visit Surfshark!

4

ExpressVPN

4.5/5

Visit ExpressVPN!

5

Private Internet Access

4/5

Visit PIA!

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Evangeline Christina is a Cyber Security Enthusiast, Security Blogger, Technical Editor, Certified Ethical Hacker, Author at Cyberspecial.net. Previously, he worked as a security news reporter in a reputed news agency.

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