There are top-level, “premium” VPNs out there that exist for a very specific reason. Likewise, there are logical reasons why they’ve had the amount of success they’ve had and why there is such a substantial, emerging market for them. Top VPNs can offer a specialized form of protection for computer, smartphone, and tablet users that conduct special or specific activities online, and require a more professional approach to privacy and cybersecurity. This is exactly why you need a VPN if you are buying crypto.
Trading extremely sensitive and fragile digital assets such as cryptocurrency is a very specific activity that requires proprietary technology that has the capacity to protect data in transit as well as the user’s devices while offering stability, integrity, customer satisfaction and customer support to boot. This is no small feat, and is precisely why using a top-level VPN is absolutely critical in the transfer of money online. Adding to that, some low-tier VPN services will not even accept cryptocurrency transactions, because they do not want that responsibility. They may also be looking at harvesting data about you and probably keep your internet traffic logs, too.
It is estimated that around 100 million people across the globe now use VPNs, with the mass majority being concentrated on the Asian continent. It is difficult to ascertain exactly how many people use VPNs, as VPN companies do not like to give out these numbers, but a rough estimate is possible.
Furthermore, Asia is also where the majority of smartphone devices are registered. The need for anonymity in large, sprawling Asian cities and regions is clear, as is the need for them to unblock services and un-censor the internet. VPNs also work well for blocking out government and ISP surveillance, which, again, is the reason people look for the best VPN they can afford.
Speaking of affordability, even the most ‘expensive’ VPN subscriptions out there do not exceed the price of one meal at McDonald’s per month. For instance, some of the best VPNs out there do not exceed $7 a month. Actually, that is the price of the priciest one on the lost. In fact, most are priced between $2 to $4 and do a similar job. This is a small price to pay for what you get, on top of which you get a 30-day money-back guarantee, access to thousands of servers across dozens of countries, and several professional anonymity and security features. Surely, protecting your valuable crypto-asset transactions from surveillance and cybercrime is more than worth the humble outlay. Even still, wouldn’t you prefer to have your transactions with the VPN brand on the blockchain? This is what premium, trustworthy VPNs can offer.
What is a VPN?
A VPN, or Virtual Private Network, is a commercial network anonymization technology. The technology comes in the form of an application for all devices with an operating system (OS) and is readily available for anyone on a monthly subscription basis. Its roots are in Microsoft’s PPTP (Point-to-Point-Tunneling) network security technology that was developed by Microsoft in the 1990s. Today, the technology has trickled into all-in-one security solutions called VPNs but has been developed and tweaked by a large margin to respond to modern demands, such as the ability to protect users conducting cryptocurrency trading.
A VPN is able to mask a user’s IP address and place it in a country of the user’s choice. This means that your location cannot be pinpointed by external entities (the rest of the internet). The former is extremely important when it comes to cryptocurrency. Adding to that, a VPN will encrypt the user’s internet connection in a 256-bit (minimum) cryptographic randomization algorithm so that the transmission becomes useless to those looking to snoop in on important identifying information or trying to inject malicious code to steal cryptocurrency.
Top VPNs for Your Crypto Transactions
As far as choosing the best VPN for crypto transactions goes, there are several criteria that need to be satisfied. Here is exactly what such a VPN should have;
- Robust security features
- Top-notch speed
- Does not hog system resources
- Stable connection without drop-outs
- High level of privacy
- Optional killswitch features
- Tapjacking and other features
- Compatibility with cryptocurrencies
- 24-hour live customer support
- Does not keep user logs
- Has passed security audits
- Has proper Terms of Service and Privacy Policies attached
- Receives frequent program and security updates
As far as the top picks go in this regard, the selection is; NordVPN, Surfshark, and Private Internet Access. The reason these three brands were chosen is that they have a substantial list of global servers to choose from, have satisfactory encryption, offer additional features, and can support all the major cryptocurrencies such as; Bitcoin, Ethereum, XRP, and even cash and Litecoin in some cases. This compatibility shows three facets of a good VPN; the support of user anonymity, the ability to encrypt transactions, and that the technology is sufficient to protect cryptocurrency transactions and user ‘hot’ wallets.
All of the former VPNs can successfully conceal one’s identity, as well as prevent companies, governments, and malicious hackers from tracking, intercepting, and compromising sensitive user data. Furthermore, paying for your VPN subscription with cryptocurrency means leaving less of a trail of digital breadcrumbs behind you all over the internet. It also means you do not need to enter bank account details online. Adding to all of this, perhaps the most vital aspect of all is that premium VPNs like these will not log user data themselves, so what you are doing on your devices is unknown to the VPN provider.
Finally, remember never to use just any VPN. VPNs offered across App Stores are not always 100% verified, which means they might be run by fraudulent entities. You wouldn’t want your internet traffic running through a product like that. However, there are some free VPNs that have proven to be trustworthy, such as ProtonVPN, but the capabilities of these VPNs are limited and only suitable for simple web browsing.