Best VPNs for Cryptocurrency Transactions in 2023

VPNs won't protect you against highly targeted attacks, but these attacks won't happen to you if no one knows who you are in the first place. Having a reliable VPN service in your arsenal will only improve your level of cybersecurity.

Virtual Private Network (VPN) services are a useful security tool. They help you to increase your privacy and anonymity level by introducing an extra layer of encrypted data between you, your internet service provider, and the websites you visit.

Since cryptocurrency protocols are already protected with cryptography, you don't have to use a VPN to transact in cryptocurrencies. Nevertheless, having an extra layer of protection doesn't harm you either, especially if you use a proven privacy-oriented VPN that doesn't log your activities. In fact, it's highly advisable to have one if you have an issue with other people spying on you (be it government agencies, hackers, or advertisers).

So, if you are one of those rare people who still value their privacy and anonymity, here are the five best privacy-oriented VPNs for cryptocurrency transactions. They reportedly don't store your logs, have handy features like an automatic kill switch, and are generally most suitable for all crypto enthusiasts.

1. NordVPN

NordVPN is by far the most secure and privacy-oriented VPN for cryptocurrency transactions. Coming from Panama, it allows all sorts of internet traffic, including P2P and streaming services. Most importantly, it enforces a strict no-logs policy and has an automated kill switch, which protects your IP even if your connection to the VPN server fails.

All notable features of Nord VPN include:

• Military-grade encryption
• CyberSec
• Double VPN
• Strict no logs policy
• Automatic kill-switch
• DNS leak protection
• Onion (Tor) over VPN
• 5200 servers in 60 countries all over the world
• Good for accessing streaming services
• Lightning fast
• Welcomes P2P traffic
• Works with all sorts of operational systems
• Protects up to six devices with a single account.
• Dedicated IP addresses
• Browser proxy extension
• 24/7 customer support
• Super easy to install and use

Besides, it accepts cryptocurrency payments. At the moment, you can get a plan with Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Dash (DASH), Monero (XMR), Zcash (ZEC), Tron (TRX), and BitTorrent (BTT) cryptocurrencies.

NordVPN is the leading VPN in terms of pricing, too. You can get a two-year subscription of NordVPN for only USD 89 if you sign up via this link.

2. TorGuard

TorGuard is based in Orlando, US, which is far from ideal for a VPN service provider. However, it doesn't keep any user data, which means there's nothing to hand over to third parties. It doesn't have any previous records of data leaks, too, which signals the company is loyal to its users.

Although the service is oriented towards P2P file exchange services such as Torrent, TorGuard works well with cryptocurrencies, too. It's lightning fast, secure, and offers many useful features for both beginners and advanced users, including:

• 3000+ servers in more than 55 countries
• Strict no logs policy
• Unlimited speeds and bandwidth
• Up to 5 simultaneous connections
• Perfect forward secrecy (TLS)
• Supports all OS, devices, and can be installed on routers.
• Anti-ads and malware filters
• Supports many different protocols (OpenVPN, PPTP, L2TP, IPsec, SSTP)
• SSL VPN via OpenConnect, AnyConnect, and Stunnel
• DNS leak protection
• Automatic kill-switch
• Stealth VPN (bypasses DPI)
• Protects against all known leaks
• 24/7 customer support
• Unblocks media streaming sites (for an extra fee)
• Assigns static IPs (for an extra fee)

All in all, TorGuard is one of the top security-oriented VPNs known for its state-of-the-art encryption and granular control over its features. It may not be the most user-friendly VPN out there, but it's still relatively easy to use.

TorGuard costs USD 59.99 per year, and you can pay for it with Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Ripple (XRP), Komodo (KMD), and many other altcoins via CoinPayments.

3. Mullvad

Mullvad is a Swedish-based VPN provider that places privacy at the core of its operation. It doesn't lead the market in the quantity of advanced features, but it does the job in keeping your online activities private and anonymous.

The key features of Mullvad include:

• No activity logs
• No connection logs
• 340+ servers in 37 countries
• AES-256-CBC, OpenVPN, and WireGuard encryption standards.
• Enables traffic from P2P websites and apps
• Can bypass Netflix geoblocking but not other media streaming sites
• Works with Windows, macOS, and Linux
• DNS and IPv6 leak protection
• Kill-Switch
• Unlimited bandwidth and data.

Although Sweden is known for surveillance activities, the country's regulation doesn't force VPN providers to collect user data, and there have been no confirmed data leaks or breaches during its ten years of operating history. All things said, it remains a reputable VPN vendor.

You can get Mullvad for a flat USD 5.6 monthly fee, and it also accepts BTC and BCH payments.

4. VPNArea

VPNArea is a VPN service from Bulgaria. It has been in business since 2012 and offers a user-friendly privacy policy without any record of past leaks or data breaches. In fact, Bulgaria is a rare country with private data protection laws in place, which is why VPNArea is so reliable.

Privacy is not the only area where you can trust VPNArea. It's a versatile VPN service that includes:

• No activity or connection logs tracking
• More than 250 servers in 65 countries
• Supports up to 6 devices at the same time
• AES-256, OpenVPN, and IKEv2 encryption standards
• Supports P2P traffic
• Works with Windows, MacOS, Linux, iOS, Android devices, and routers.
• Unblocks almost all streaming sites
• Fast and easy to use
• Malicious ads and malware protection
• Unlimited bandwidth and data
• DNS and IPv6 leak protection
• Kill-Switch

You can get VPNArea for just USD 59 a year or USD 107.64 for a three years plan. You can pay that amount in Bitcoin.

5. ExpressVPN

ExpressVPN is a British Virgin Islands company without data custody laws. The exotic British Virgin Islands have no regulatory ties to the United Kingdom, which puts its VPN vendors out of any surveillance agreements.

Aside from that, Express VPN offers great performance and a rich set of features which include:

• Unblocking all blocked websites, including streaming services
• No activity and connection logs
• More than 3000 servers in 94 countries
• Supports for up to 3 devices simultaneously
• OpenVPN, IKEv2, L2TP, SSTP, PPTP encryption
• P2P traffic
• Works on Windows, MacOS, Linux, iOS, Android and compatible routers
• Automatic Kill-Switch
• Unlimited bandwidth and data
• DNS and IPv6 leak protection
• Simple to install and use

It's worth mentioning that ExpressVPN is a highly secure service with a proven track record. In January 2017, its Turkish servers were seized by the Turkish government, but the authorities were unable to extract any information. So despite being marketed as a go-to service for people who want to access media streaming websites and bypass geoblocking restrictions, ExpressVPN is a trustworthy player in the privacy and anonymity niche, too.

You can get ExpressVPN for USD 99.95 for the first 15 months. The firm accepts Bitcoin payments.

Conclusion

Privacy and anonymity are the pillars of online security, especially when it comes to using pseudonymous cryptocurrency protocols like Bitcoin or Ethereum. It won't protect you against highly targeted attacks, but these attacks won't happen to you if no one knows who you are in the first place. Having a reliable VPN service in your arsenal will only improve your level of cybersecurity.