Resorting to a VPN for cryptocurrency trading is both needed and recommended.
For instance, many popular exchange platforms are restricted or heavily regulated in some areas. Furthermore, it’s best to secure your online identity and investment data.
Read on for our detailed overview of which locations are best for crypto exchange transactions and tips on how to find the one that most suits your needs.
Which is the best VPN country for crypto?
VPN is necessary to access exchange platforms and trade from unsupported regions or countries without being blocked. However, you should be wary when using a VPN for crypto transactions.
Although it’s not technically illegal to use it with a crypto exchange, you might get banned and lose your money if you get caught using such a service to get around geo-restrictions.
VPN is good for crypto trading, mainly for privacy and security reasons. You can hide your digital footprints from snoopers and add an extra layer of security to your funds and transactions.
Although cryptocurrencies use ultra-secure blockchains, a VPN will protect your identity and sensitive data using an encryption algorithm.
Below, we included some popular crypto exchange platforms along with their availability across different areas and countries.
Hopefully, this will help you choose the right VPN solution, depending on your location and the platform you wish to access.
Cryptocurrency exchanges country availability
|1.||Binance||Cayman Islands||Worldwide (except the US, Singapore, and Ontario, Canada); restricted usage and limited features in other countries (check the website for extra info)|
|2.||Binance.US||US||US (except Hawaii, Texas, New York, and Vermont)|
|3.||Coinbase||US||100+ countries (check the official website for restrictions in specific areas or countries)|
|4.||Kraken||US||200+ countries (check the website for country restrictions); available to all US states except New York and Washington|
|5.||Bitstamp||Luxembourg||100+ countries (complies with regulations imposed by the US and EU)|
|6.||Crypto.com||Singapore||100+ markets (available across all US states except New York); also, check the website for other restrictions|
|7.||KuCoin||Seychelles||200+countries and territories (including Turkey, India, Japan, Canada, the UK, and Singapore); not licensed in the US but can be used with restrictions|
|8.||Gemini||US||60+ countries (including the US, the UK, Canada, Australia, Hong Kong, Singapore, and South Korea)|
|9.||Bybit||British Virgin Islands||Worldwide (except the US, Singapore, Cuba, Crimea, Sevastopol, Iran, Syria, North Korea, Sudan, and Mainland China)|
|10.||Huobi||Seychelles||Restricted in China, the US, Canada, Japan, Cuba, Iran, North Korea, Sudan, Syria, Venezuela, Singapore, and Crimea|
|11.||TradeStation||US||Worldwide (restricted in some countries, including Canada)|
|12.||eToro||Israel||Restricted in many countries (check website); unavailable in Hawaii, Minnesota, Nevada, New York, and other US territories|
|13.||Bitfinex||British Virgin Islands||Restricted in Iran, North Korea, Cuba, Syria, Crimea, Donetsk, Luhansk, the US, Canada, the British Virgin Islands, Venezuela, Austria, and Italy|
|14.||Coincheck||Japan||Worldwide (except the US)|
|15.||Robinhood||US||Worldwide (except Cuba, Iran, North Korea, Syria, and Crimea)|
If you’ve already decided on a crypto exchange, the best VPN country for crypto will be one that supports the platform and is physically close to you.
Once you’ve decided on an exchange platform, you should pick a reliable VPN, so you can trade from anywhere.
You’ll need a service with advanced features to trade privately and securely. And naturally, you should look for a vast and well-distributed server network.
The choice of the best VPN country for crypto depends entirely on your physical location and the supported regions of the exchange you want to use.