Cryptocurrency Exchange platforms are incredibly popular nowadays after the introduction of Bitcoins and similar digital currencies. Cryptocurrency being one of the most popular applications of Blockchain – does hint at a lot of things to use the blockchain technology in the near future.
Unfortunately, the cryptocurrency exchange websites based in India are being shut down as per the government rules. Of course, there are other cryptocurrency exchange platforms that facilitate the transaction of digital currencies in exchange for fiat money (or other cryptocurrencies). But, in some countries like China, they are going to completely block access to cryptocurrency exchanges.
Similarly, those websites are in the radar of geological restrictions by ISPs. So, depending on where you live – you may not be able to access such platforms. Even if you do – there’s always a big risk involved if your country has strict rules against cryptocurrency exchange platforms.
We’ll know what that is as you read on…
It is tough to remain Anonymous
I must admit that no matter what you do – it is really tough to stay anonymous online. VPN lets you do anonymous transactions by spoofing your actual location to another location which is chosen by you.
However, in this article, we tell you how a VPN enhances your privacy and could also help you unlock cryptocurrency exchange.
Why Should You Use A VPN to Unlock Cryptocurrency Exchange?
Well, first of all, as I mentioned, if your ISP (or your country in general) has blocked access to those sites, you will need a VPN to get unrestricted access to cryptocurrency exchanges.
In other words, to bypass geological restrictions a VPN is a must.
It is also important to note that cryptocurrency transactions are usually considered private when it comes to the identity of the owner.
However just because the transactions are public, with every transaction you make on your browser, you leave traces behind along your Internet activity and the IP address on various websites.
So, one can trace back the activity to you – even if you haven’t provided your real physical address on the cryptocurrency exchange site. Of course, only a professional can do that – but it is possible and hence the cryptocurrency transaction is not completely anonymous.
To sum it up:
Without a VPN, your activity can be traced back to you easily and depending on the laws of your country, you could be in a lot of trouble.
So, a VPN helps you remain hidden and to keep your Internet activity private while also bypassing geolocation restrictions (if any).
Cryptocurrency Exchanges Aren’t Illegal But they might be…
Now that you know that VPNs can help facilitate the exchanges without any restrictions – you should also note that cryptocurrency exchanges are nothing illegal.
Depending on where you live at – there may be laws that prevent it from happening – but if you are new, remember that it just digital trading of money in exchange of assets harnessing the power of Blockchain technology.
If you are new to this, I would suggest you read about what a cryptocurrency is (Wikipedia).
Why Free VPN’s are not good for Crypto Trading?
We never recommend the free VPN services to our users and especially for crypto trading. To maintain the servers the VPN companies need to generate the income. If they are not earning from the users, it means they are earning from another method. Free VPN providers sell the users data to the advertisers in order to earn money.
So, a free VPN is literally not useful for any kind of online activity. When it comes to Crypto trading we need a more secure VPN service with features like no DNS leak, Kill switch, strict jurisdiction region, and strict no-log policy.
How to pick a good VPN?
Picking up a good VPN from a ton of VPN services available online is a bit tricky task. If you are new to VPN, follow these important points before selecting one service.
- Security: VPN is designed to hide our details from online. If a VPN service is coming under a free tag, you must aware of their income generating possibilities. We already discussed above why free VPN’s are not good for trading. Go for a paid VPN service with good security protocols and AES-256 encryption standards.
- Speed: Many VPN’s promises good reliable speeds in their product pages. A good VPN gives stable speeds in all locations. Take a trial period account before making a purchase.
- Multi-Platform support: We can use VPN on any platforms. For example, you can use it on your Android, iOS, Mac, Windows and Linux platforms. So, pick the VPN service which supports all the popular platforms. Some services also support routers.
These are the basic qualities of a good VPN service. We always check all these qualities while selecting a VPN service.
Best VPNs to Unlock Cryptocurrency Exchange
You should always prefer the VPN providers who usually do not log any of your personal information and offers strong encryption of network.
Fret not, you do not need to look for them – we recommend the best for you here:
1. ExpressVPN
If you read our articles often, you must be knowing that our #1 recommendation is always ExpressVPN. Here are the few things you need to know about the ExpressVPN.
ExpressVPN is located in the British Virgin Islands which has a strict judiciary and better privacy laws. So no one can ask including the governments the user details of the ExpressVPN. As we are discussing the Cryptocurrency Exchanges, I want to discuss more security features than the unlocking entertainment capabilities of ExpressVPN.
Without good encryption and strict no log policy, we can’t call it as a complete VPN service. ExpressVPN stands on their promise and offers watertight privacy to its users.
It has strong security features to unblock and secure the crypto transactions online. The features include 256-bit encryption and a strict no log policy and a kill switch which can automatically disconnect you from the online activity when your VPN server is down. It means, your identity always protected while using the ExpressVPN service.
- Dates: The ExpressVPN collects dates when you are not connected to their service.
- VPN Server location: They collect the VPN server locations when you connect a server.
- Bandwidth: The collect total amount of data in MB per day.
Based on the VPN data collection information, after reviewing many VPN services, ExpressVPN collects only basic data in order to improve their service. This data is not harmful to users privacy and security.
Overall, it offers the best speed, maximum security, and private Internet access. You don’t need to worry about anything after you purchase a subscription because it includes a 30-day money back guarantee if you end up with a bad experience.
You can use it on your Mac, Windows, Android, iOS, Linux, and router as well.
Pro’s
- 3000+ VPN servers located in 160+ countries.
- Support for all platforms
- 30 days money back guarantee
- Good Customer support
Con’s
- A little bit pricey compared to other VPN services.
2. Mullvad VPN
We recently reviewed Mullvad VPN where we do not need to sign up with any of our details (except for the payment information). Mullvad VPN claims that they own their servers or rent them – but they control and administer their servers so that no 3rd party or a shared client can gain access to them.
Mullvad VPN is one of its kind VPN service for its account creation. You just have to create an account where you will be assigned a unique number, that will be your only way of logging in. If you lose the number, the account cannot be recovered. Mullvad VPN also takes your privacy seriously by introducing a new approach to data protection. Technically, they do not have any log of your data – not even your name.
You just have to share your payment details if you are subscribing to their service – only when you are using PayPal or wire transfer. It does support Bitcoin or Bitcoin cash payment as well. Mullvad VPN is good enough to maintain your Bitcoin and other cryptocurrency transactions safe and secure.
So, with this, you can easily remain anonymous. Although it is still not available for Android or iOS, you can use it on your desktop with Mac/Windows/Linux running on it.
Pro’s
- No IP-leaks protection
- Support for all platforms
- OpenVPN & WireGuard support.
- Strict no-log policy
Con’s
- No chat support. Service support only by email.
3. Nord VPN
Many cryptocurrencies are free to trade in the United States. If you get a US IP address for the crypto trading, it is a sweet deal to maintain your privacy. If you want a good VPN service, NordVPN will be one of the best out there.
With hundreds of servers placed all around the globe, NordVPN routes your carrier’s network through any of them according to your choice. It will never expose your privacy to the hackers or any individual in the world other than you.
No data will be leaked out of the VPN even if it is a DNS request. While many other VPN services can leak out data through DNS processes, the NordVPN is a bit different. You can safely do your digital transactions including crypto trading without any hassle.
It starts for just 2.99 USD/month. Similar to other VPNs mentioned above, it also supports a variety of devices that includes Android, iOS, Windows, Linux, and Mac.
It also offers a huge range of server locations – in case you want the best out of it. You always have the option to get your money back within 30 days if you are not satisfied.
Pro’s
- 5242+ VPN servers located in 60+ countries.
- Support for all platforms
- 30 days money back guarantee
- Connect 6 devices at the same time
Con’s
- A little bit pricey compared to other VPN services.
4. TunnelBear VPN
TunnelBear VPN is yet another impressive VPN service to go with. Unfortunately, if you are a Linux user – it does not support it. TunnelBear approached a different strategy to prove their strict anonymity and no-log policies to uses by doing a self-audit and they published detailed audit results on their website.
TunnelBear doesn’t collect or store any of your personal data during signup or using the service. It has very strict no logging policy, which is a great thing for an every digital asset owner.
The service offers anonymous IP address which is essential for doing online trading. TunnelBear also has a kill switch feature to kill the connection when their server is down or something bad happens at the technical end.
If you are not a Linux user, you will be fine using it on a Mac, Windows, Android, or an iOS device. It is really a simple user-friendly VPN program which offers strong encryption and privacy.
It does not boast a lot of server locations – so if you are interested in this, I will advise you to check the server locations available nearby.
Pro’s
- Strong AES 256-bit encryption
- Support for all platforms
- Very easy to use
- Good customer support
Con’s
- Average speed.
5. CyberGhost VPN
Personally, this is one of the top 5 VPNs I would recommend any day for security and privacy. Similar to Nord VPN, you will find great discounts (or cheap deals) for CyberGhost VPN.
CyberGhost VPN is located in Romania which is a 14 eyes free region and they won’t share any your personal details. It has all features like Kill switch, hiding IP, multiplatform supportive apps, OpenVPN, L2TP, and IPSec protocols support and secured AES-256 encryption standards.
In our testing, we found CyberGhost is good to use and no leaks detected. We have tested the VPN service on various locations around the world and found good speed and best in class performance.
It starts at just 2.75/month and also offers a 45-day money back guarantee. So, you can easily try its VPN service to check if it is good enough for you. This VPN is also one of the best recommendations for torrenting, so if you are into that – you can get the best of both worlds.
In addition, it also supports Amazon FireTV – in case you have one. Also, it gives you a huge range of server locations from every part of the world.
Pro’s
- OpenVPN, L2TP-IPsec and PPTP protocols support
- Support for all platforms
- Unlimited bandwidth and traffic
- Simultaneous connections on up to 7 devices
Con’s
- Average speeds.
Wrapping Up
These are my best-recommended VPN services to thetechhacker users to start their crypto trading transactions. All services mentioned above are trustworthy and protect your digital assets from hackers.
Even if you start using any of these VPN services (where we recommend ExpressVPN), you should be careful about what you do on Cryptocurrency Exchanges. Not only you should look out for the privacy – but also watch out for scammers out there.
Now that you know about the best VPNs you should use to unlock Cryptocurrency exchanges – what do you think about blockchain in general? Or what cryptocurrency are you following for the exchanges?
Let us know your thoughts in the comments below and we shall get back to you.