Should you use a VPN when trading cryptocurrencies? Here are the main arguments for.

  • The VPN encrypts the data you send over a network connection. Which makes it harder to intercept your data traffic.
  • VPNs provide an extra layer of security against viruses, malware and fishing attacks.
  • The VPN hides/protects your IP address, preventing IP tracking and allowing you to be completely anonymous when trading cryptocurrency, provided you avoid trading venues with KYC identification.
  • A privacy-oriented VPN does not keep your logs and prevents unprotected connection (kill switch), helping you maintain your anonymity. A kill switch is a security feature that automatically shuts down your internet connection if your VPN is disconnected.

We recommend NordVPN as a good choice of VPN service.

About NordVPN

  • Surf safely on public wi-fi
  • Very fast VPN
  • Strict policy that no logs are kept or private data shared
  • VPN servers “everywhere” – 59 countries