Best VPN for crypto trading and mining for 2024

What is cryptocurrency trading?

Like stocks trading, crypto trading also involves buying and selling cryptocurrencies as the price fluctuates. As a result, some people treat crypto trading as their full-time job. There are two ways you can do cryptocurrency trading. The first is CFD trading, and the second one is crypto exchange. CFD trading is the most used method by new crypto traders as CFD trading doesn’t require you to buy any crypto coins. With CFD trading, you only bet on the possibility of cryptocurrency prices. It works a little bit like VPN gambling or betting on sport where you trying to find out advantages of different opponents. You don’t hold any cryptocurrency; instead, you put money into the fluctuations in the crypto prices. The second is crypto trading using a crypto exchange. It’s the most used method by seasoned crypto traders. You can buy and sell cryptocurrencies using a crypto exchange. Traders use this method to gain long-term profits on cryptocurrency.

What is cryptocurrency mining?

Cryptocurrency mining is a very competitive process that involves registering verified transactions on the blockchain. You get rewarded with a fixed amount of that currency or the transaction fee as a reward for doing so. Crypto mining is an arduous process, but the yields are excellent, which is why more and more people are starting to own crypto mining hubs to gain big profits.

What are the best crypto trading platforms?

Crypto trading is a great way to earn money online by buying cryptocurrency at a lower price and selling it once the prices go up. It’s also a great way to invest your money online. However, the internet is full of fake crypto trading platforms that’ll scam you of your money. That’s why we’ve provided below a list of the best crypto trading platforms.

1. Coinbase
2. Voyager
3. Uphold
4. Kraken
5. BlockFi
6. Bitcoin IRA
7. Binance
8. Crypto.com
9. eToro
10. Hodlnaut

Best VPNs for crypto trading & mining

Are you looking for a reliable and professional VPN service for crypto mining and trading? Then, take a look at our list of the best VPN services worldwide.

Private Internet Access (PIA)

US-based Private Internet Access (PIA) was founded in 2010. PIA offers a fast connection along with 24/7 live customer support. With over 10 years of experience in the professional VPN service industry, PIA ranks top on our list of best VPNs for crypto mining and trading. Thanks to its speed and stability, PIA has ranked number one on our list of the best VPN for crypto trading.

Surfshark

With Surfshark VPN, you can connect unlimited devices to their VPN services. Not only that, but also the bypasser feature lets you unblock geo-blocked content and services. It comes in very handy for a crypto trader and miner.

PrivateVPN

PrivateVPN focuses on three things: safety, speed and privacy. PrivateVPN also provides very competitive pricing for business VPN services. If your requirements are significant, they might also offer you special prices. PrivateVPN is among the top three best VPN for crypto trading.

IPVanish VPN

As the name suggests, IPVanish VPN helps you mask your IP address while mining cryptocurrency. As a result, no hackers or any other third party will be able to see your details online. Besides, they also provide live support round-the-clock.

Atlas VPN

Atlas VPN helps you access blocked content and prevents others from discovering your location by masking your IP address. In addition, with Atlas VPN, you can mine crypto freely thanks to its 24/7 available customer support that helps you connect easily with their servers.

ExpressVPN

ExpressVPN is a name you might have heard before. It’s a popular VPN famous for its fast and reliable service. In addition, ExpressVPN offers competitive pricing and very responsive customer support. Its reliable service has made it rank high among the best VPN for crypto trading.

TorGuard

With TorGuard business VPN, you can get exceptional service and uninterrupted service 24/7. Their customer support is always available to help you out. With their vast selection of servers, you can unblock and bypass any geo-blocks.

VPNArea

VPNArea offers a dedicated VPN and IP address just for your business. Their services also include fast customer support; it’s fast and secure. They provide heavy encryption to keep your data safe. Thanks to its features, TorGuard is considered one of the best VPN for crypto trading.

Ivacy VPN

Ivacy VPN is a free anonymous VPN service provider that’ll help you mask your IP address. However, we recommend opting for their business VPN service to get more speed while mining and trading crypto.

CryptoTab VPN

CryptoTab VPN helps you bypass geo-blocks easily, and their servers are scattered worldwide. Thanks to that, you can access multiple global locations to stay anonymous while doing crypto mining or trading.

Cryptostorm VPN

Cryptostorm VPN is an open-sourced VPN service that runs on a token-based system, making it very secure for online data transfer. In addition, Cryptostorm VPN is fast and reliable when it comes to priority work. Although Cryptostorm VPN has got the lowest rank on our list of the best VPN for crypto trading, it’s still better than the majority of VPNs you see on the market.

How to use a VPN for cryptocurrency transactions

Now that you have the best VPN for crypto trading, you need to know how to use it. Using a VPN for cryptocurrency transactions like trading is a straightforward process. However, sometimes those who are new to all of this can get intimidated by the steps needed to connect with a VPN server. We recommend using our step-by-step guide to using a VPN for cryptocurrency transactions. Step 1: Finding a good VPN for your business/hobby is the first step. Step 2: Now, open the VPN app and find the best server and country for your crypto mining/trading business. Make sure you choose a country where mining crypto is legal; otherwise, you’ll face legal issues. Step 3: After finding the best country for crypto VPN and a VPN cryptocurrency suitable server, you must connect with the server every time you use VPN crypto mining. Step 4: Now that you’re connected to VPN, visit the CFD trading app/website or the crypto exchange. Step 5: Start trading or buying and selling cryptocurrency using the VPN.

What makes the best VPN for crypto trading?

As mentioned above, choosing a decent VPN is a must for crypto traders and miners. However, the number of options you have for VPN is too great to comprehend. To simplify the process of finding the ideal VPN for your crypto mining and trading business, we’ve mentioned a few pointers you can follow.

Security

When money is involved, we can’t afford to lax our effort to maintain a high level of security. This is why when your crypto mining and trading business is dependent on VPN services, you can’t have a low-security VPN. It would be best to look for a heavily encrypted VPN whose servers are physically protected. You can refer to the VPN list we mentioned above to find the same.

Privacy

Someone peeping on your asset isn’t good. They might cause you financial damage. That’s why when using a VPN service for trading and mining crypto, you must ensure that no one is spying on your crypto holdings. To do that, you’ll need a VPN that provides privacy measures. These VPN services may charge you more money than industry standards, but it’s worth the money.

Locations

To remain an anonymous entity while mining and trading cryptocurrency, you need a VPN with servers in multiple locations. Preferably their servers should be in multiple countries. With multiple location facilities, you’ll be able to trade crypto without getting pinpointed by anyone. It’ll also help you bypass your location if your country doesn’t allow crypto mining or trading.

Performance

The consistent performance of a VPN service is also essential to note. Make sure you read complete reviews by actual customers about their performance before buying any VPN service.

Price

The price of a VPN service should be reasonable and aligned with your budget. However, do not opt for a VPN service that doesn’t provide what you’re looking for just because the price is low. In addition, maintaining a good internet speed, high security, multiple locations and more is vital for mining.

Speed

No matter how fast your internet connection is, the server will transfer your data at a slower speed if your VPN is slow. Therefore, you’ll need to change your VPN to a faster one or upgrade your existing speed limit to increase the speed. For those who don’t know, internet speed is very crucial for crypto mining. With higher speed, you can mine more cryptocurrencies at a faster pace. That’s why the best VPN for crypto trading must be fast.

Stability

Speed and stability go hand in hand for crypto traders and miners. Crypto mining would become very difficult without a stable high-speed internet connection and VPN service. You must look for a VPN service that provides constant speeds no matter what servers you choose to connect with to mine crypto. Unfortunately, this kind of professional service can not be provided by any simple VPN, so we recommend using one from our list above.

Reduced data consumption

Often it’s recorded that free VPNs and scamming VPNs take more data from you, resulting in heavy power and internet usage, which ultimately costs you a lot when you do crypto mining. We recommend using only reputed VPN providers to prevent this heavy load on your pockets. You can find them from our list mentioned above. With reduced data consumption, you’ll be able to mine crypto more efficiently and gain more profits from your business/hobby.

Strong encryption

When you buy VPN with crypto or vice versa, you’re making a transaction, and you should make sure that every financial transaction you make should be encrypted. Encryption over a transaction provides a safety shield for your transaction information. Even top-notch hackers will have a hard time cracking the encryption. Similarly, your financial information is at risk when you use a crypto mining VPN service and buy cryptocurrency on a crypto trading platform. You must ensure that the VPN service provides strong encryption for all data transferred over their servers.

No-logs policy

Saving your data logs means dropping your credit card details in a shopping mall. When your business is dependent on a VPN, you must know every detail of the agreement you sign before opting for their services. You need to read the fine prints and find out if the VPN saves the log report of your data. You should avoid such VPN services and only opt for a VPN that keeps no record of your data like logs and catch.

Global server network

The biggest reason why any trader uses a blockchain VPN is to maintain an anonymous status and fend off any interference. However, a VPN service with no global server network can’t provide the level of privacy you need for crypto mining with VPN. This is why you should look for global server numbers and diversity in a VPN before using VPN to buy crypto or mining them, which is why crypto traders like to use premium VPNs like Nord VPN crypto mining options.

Leak-proof

The VPN routes your data from a server in another country or location in the same region to maintain a high level of secrecy. However, this also increases the chance of cyber attacks on your business and livelihood. That’s because a hacker with access to the internal system of the remote server your VPN provider can potentially mess with your crypto trading and mining. Therefore, to prevent any data leak, you must choose a reputed VPN that provides a secure VPN service for its users.

Customer support

Customer support is critical when you financially depend on crypto mining and trading. That’s because if you face any problem with your existing VPN service, like a connectivity issue, the first thing you’ll look for is customer support. If your VPN doesn’t offer a customer support helpline or a sloppy one, you need to change your VPN provider immediately. First, you should look for a VPN service provider with instant customer support like live chat, voice call, etc.

Safety

A VPN is basically a service that reroutes your connection from multiple servers installed in various locations worldwide. As your data gets transferred from one location to another, the chance of it getting hacked or tracked is very high. Thus doing any financial transaction over an unsecured VPN is a bad gamble. On the other hand, hackers and crypto pirates are always looking for newbies using free VPNs to trade or mine crypto. Moreover, the data received also moves from server to server and might bring viruses along with information. That’s why safety is paramount when choosing a VPN.

Geo blocks

Geo-blocks are the biggest obstacle for any crypto miner or trader as these restrict them from accessing crypto markets. If you live in a country where crypto mining is banned, you’ll need a VPN that’ll allow you to bypass the geo-block. That’s why when choosing a VPN, make sure it’s powerful enough to mask your IP and help you bypass the geo-block of your country.

Profiling

A good VPN for your crypto mining and trading should offer profiling resistance so that any third party can’t track you down in any way using your data transferred over the internet.

Security risks that come with cryptocurrency

Nothing in this world is perfect, and the same goes for cryptocurrency. Below we’ve mentioned some of the downsides of cryptocurrencies, especially security risks.

Offline wallets

Unlike online wallets, offline crypto wallets are prone to various dangers and may lead to data loss, which means you’ll lose money. In addition, an offline wallet can get wet, dry, get lost, etc., so there are always risks involved.

Initial Coin Offering (ICO)

Have you heard of IPOs (Initial Public Offerings)? The ICO (Initial Coin Offering) is the same, and it’s very risky to invest money in ICOs because you never know if the currency you supported will ever take off or not.

Fake crypto exchanges

Another red flag about trading in cryptocurrency is the existence of fake crypto exchanges. These exchanges look and act like real ones, but you never get it back once you put your money in. Moreover, these phoney crypto exchanges also sell your credit card details if you use one on their website.

Unsecure addresses

Unsecured web addresses are a significant threat to crypto miners and traders. In addition, these websites often contain trojan viruses that leak information to a third party, which may use it to harm your business.

Phishing attacks

Like social media or credit card phishing attacks where the hacker aims to get your social media account or credit card details, crypto phishing seeks to rob you of your crypto holdings.

Cryptojacking

You can also fall victim to Cryptojacking, where the criminal targets someone to steal their computer’s computing power to mine crypto.

Cryptocurrency trading security tips

If you want to safeguard yourself from the threats mentioned above, we recommend following these cryptocurrency trading security tips.

Don’t store your wallet on your device

Never save your cryptocurrency wallet on your computer. Moreover, don’t save cryptocurrency on a device that may fall victim to environmental changes.

Avoid public WiFi

Avoiding public WiFi is the most basic method to avoid getting hacked and losing all your cryptocurrency. Also, make sure you only use a dedicated line for your internet needs.

Use a strong password

Like securing any other online account using a password, securing your crypto holdings using a strong password is necessary. We recommend using a combination of letters, numbers, different cases, special symbols and more to make the password unique.

Two-factor authentication

Two-factor authentication provides an extra layer of security over a strong password.

Use Escrow

While trading crypto, we recommend using Escrow, as it’s the safest way of receiving and sending money, including cryptocurrency online.

Good cyber hygiene

Good cyber hygiene includes changing passwords regularly, clearing cookies, clearing cache files, logging out when not in use, not accessing the unsecured website, using antivirus and more.

Conclusion of best VPN for cryptocurrency

In the end, we can conclude that using a VPN while mining or trading crypto is a must. However, it would be best if you chose a VPN service provider very wisely as speed, privacy, safety and other factors play a vital role.