Most people use VPNs for privacy because they do not want people to know what they are doing online. Others use it for torrenting and streaming content on Netflix from other countries. A VPN indeed keeps all your information private from your ISP and connects you to a different IP in a different location in a different country. It’s a useful tool in the current era where internet privacy is almost non-existent.
VPNs are also useful in the Crypto world. Whether you are making your crypto transaction using a mobile wallet, desktop wallet, or Bitcoin exchange, it is absolutely essential to protect yourself online. When you are sending Bitcoin transactions, you want a VPN to be installed for all these transactions so that nobody can snoop into your activities.
What Is the Significance of a VPN in Crypto Transactions?
It doesn’t matter if you are a cryptocurrency trader, holder, or developer; you need a VPN connection. Let’s say you are carrying out a cryptocurrency transaction and trying to do it more securely and privately. Although the Blockchain technology comes with secure protocols, popular Cryptocurrency platforms like Ethereum will display the transaction history of every account within the network. If you interact with each service, you will see that it reads your wallet information and IP address. External parties like the Government and ISP can link this IP address back to you, which is not a private method for Crypto Transactions. You should understand that it’s not a big deal for someone to associate your blockchain wallet to your physical address or mobile number. Even if you are using Toronto cash as a measure to increase your privacy on the blockchain, you need a VPN for extra layer anonymity.
A VPN majorly does two things:
- It encrypts your traffic on the internet.
- It replaces your real address with a new one.
Normally when you are using VPNs, you can select a server location from anywhere in the world. These VPN servers will act as the middleman for your internet traffic.
Bitcoin and Crypto are not as anonymous as you think. Hackers can use Blockchain analysis to track your flow of coins and payments. Remember that your transaction contains the IP address of the user, which can also be seen on Bitcoin notes. Hence, it is always wise to use a VPN when sending Bitcoin transactions to hide your real IP address. Additionally, VPNs also utilize strong encryption to enhance your security, especially during financial payments.
Best Crypto VPN for Buying Cryptocurrencies
- Surfshark VPN
- CyberGhost VPN
NordVPN is one of the safest and privacy-friendly VPN providers for Crypto transactions. It is a Panama-based VPN that doesn’t track or share user information with the Government or other third parties. Thus, you can carry out your financial transactions without getting monitored. Moreover, NordVPN has a strict no-log policy that assures absolute online privacy.
NordVPN has more than 5000 servers in 60+ countries, allowing you to send Bitcoin transactions from any part of the world. When it comes to security, NordVPN is unbeatable. It has different categories of servers to keep your online activities protected. For instance, the Double VPN server offers two-fold encryption by sending your traffic through two different VPN servers at once. Likewise, the Obfuscated servers are available to bypass censorship and firewalls. You can connect with these servers in countries where Crypto transactions are completely banned.
- 5200+ servers in 62 countries
- Use up to 6 devices
- Next-generation Encryption
- Double VPN Feature
- Strict no-logs policy
NordVPN also features an automatic kill switch that saves your data during unforeseen connection drops. The CyberSec option offers protection against DDoS and malware attacks.
NordVPN works on Windows, Android, Mac, iOS, Linux, Chrome, and Firefox. NordVPN supports Bitcoin payment options.
ExpressVPN is yet another premium VPN provider to offer complete financial privacy. Having its business headquartered in the British Virgin Islands, ExpressVPN keeps your data away from the prying data surveillance program.
ExpressVPN has impressive features that make it a reliable option to carry out Crypto transactions. It employs the industry-leading AES-256-bit encryption, an automatic kill switch, DNS leak protection, and the split tunneling functionality. With its forward secrecy technique, ExpressVPN keeps changing its encryption key at regular intervals.
ExpressVPN is an independently audited service provider with no history of data breaches. ExpressVPN is also one of the few providers to come with TOR compatibility.
ExpressVPN has excellent cross-platform compatibility. It supports Windows, Mac, Linux, Chromebook, Android, iOS, and more.
ExpressVPN accepts that Bitcoin payment option, and there is also a 30-day refund on its subscription plans. If you want to find out more about its privacy and security, you can check our ExpressVPN review.
3. Surfshark VPN
Though Surfshark was founded in 2018, it matured out as a feature-rich VPN in the marketplace. It is a budget-friendly VPN provider that offers advanced security features required for a safe Bitcoin transaction.
VPN cascading in Surfshark is known as MultiHop™, which protects your connection by encrypting it twice. Surfshark’s CleanWeb™ is an integrated cybersecurity feature protecting against malicious online attacks like malware and phishing.
By enabling this feature, you can perform Crypto transactions securely and reliably.
Other notable security features of Surfshark include DNS/IP leak protection, Camouflage Mode, an automatic kill switch, robust encryption protocols, and zero data logging.
- Connect unlimited Devices
- AES-256-GCM encryption
- IP & DNS leak protection
- Unlimited bandwidth
- Free Browser Extensions
- Strict no-logs policy
Surfshark’s unique selling point is attributed to its ability to connect with an unlimited number of devices. While most premium VPNs restrict the number of simultaneous connections, Surfshark is generous enough to offer unlimited connections with a single license.
You can use Surfshark on all major platforms, including macOS, Windows, Linux, iOS, and Android.
VyprVPN is a popular name in the industry since 2009. It is recognized as one of the serious players in the VPN field, making it one of the safest VPNs for Crypto transactions. VyprVPN works in countries like China with restricted internet access.
When it comes to privacy and security, VyprVPN does an excellent job.
Their cybersecurity features include secure tunneling protocols, military-grade encryption, a kill switch, and first-party owned VPN servers. Moreover, the company behind this VPN provider is registered in Switzerland, which is not part of any international intelligence-alliance sharing group and has zero data-retention laws.
In 2018, VyprVPN was audited independently, which proved that they retained no user logs as guaranteed. VyprVPN offers 24×7 support to assist you with your queries and concerns.
- 160 server locations
- Network Lock Kill switch
- Zero-knowledge DNS
- VPN split tunneling
- Stream Sports online
5. CyberGhost VPN
CyberGhost has a massive server network with more than 3500 servers located in 60+ countries. If you are a novice VPN user, CyberGhost could be the right choice for you. It comes with a friendly user-interface, allowing you to change your virtual location at just one click. CyberGhost has the ‘block online tracking’ feature that completely wipes off the traces of your online activities. In that way, it ensures that your financial privacy remains intact.
CyberGhost doesn’t track user activities. Moreover, it is outside the 5 and 7 Eyes countries, assuring you can carry out your Crypto transactions without worrying about external interceptions.
CyberGhost is available for macOS, Windows, Linux, iOS, and Android. There are also browser extensions from Chrome and Firefox.
- 6100+ Servers Worldwide
- Protect up to 7 devices/li>
- DNS and IP leak protection
- Unlimited bandwidth and traffic
- Highest possible VPN speeds
- 45-day money back guarantee
CyberGhost supports the anonymous Bitcoin payment method. It is one of the few clients to have the longest refund window of 45 days.
A VPN could always be the best bet for Crypto traders, as it is a great way to keep your transaction anonymous. You need to have a VPN running every time you are making a Bitcoin transaction, no matter where you are. Choose the right one that gives you extra security and ensures your activities are covered as you trade.