Want to cut straight to the chase? The best Binance VPNs right now are ExpressVPN and Private Internet Access.
Chances are if you’ve been in the Cryptocurrency trading business for some time you most likely have heard about Binance. Binance is a Cryptocurrency exchange service founded in July 2017 by Changpeng Zhao to provide a platform for trading all sorts of Cryptocurrencies. Based in the Cayman Islands, Binance is currently regarded as the largest Cryptocurrency exchange in terms of the daily trading volume.
Trading in Binance hasn’t been easy because the currency is banned in some countries such as the UK, Canada, and Japan. So if you’re resident in any of Binance restricted countries you most likely will need a VPN to unblock the blocks. As a consequence, you need to think about how to get the right VPN that works for the platform because not every VPN out there is actually what they claim they’re.
Now, the question is: which VPN is best for Binance?
If you’re asking yourself this question, then you’re in the right place!
In this article, we have you covered and we’re going to tell you all there is to know about getting the best VPN for Binance, why you haven’t been able to use Binance in the US, among others.
Get a cup of coffee and let’s begin!
Why You Can’t Use Binance In the US?
If you’re a Binance trading enthusiast, you most likely are wondering why you can’t use Binance in the country. The answer to this isn’t far-fetched. It’s part of the US’s Justice Department and Internal Revenue Service effort to eradicate illicit activity that is believed to be taking place in the unregulated market. This investigation by this US department led to the current ban placed on Binance in 7 states of the US.
More so, some reports are carried out by different professionals such as Chainalysis.Inc, a forensic firm traced most funds tied to criminal activity back to Binance. They concluded that more of such funds came in through the Binance platform than other Cryptocurrency exchanges.
Countries Where Binance Is Banned
What are Binance restricted countries and why have these countries placed a ban on the world’s largest Cryptocurrency exchange?
With countries like the UK, Japan, and a province in Canada (Ontario to be specific) placing a ban on Binance Markets Limited, you should understand the level of trouble the company has run into. For example, in June 2021 the UK’s Financial Conduct Authority (FCA) announced its ban of Binance Markets Limited. By this, the company is restricted from trading in Binance’s Crypto derivates but the customers are free to transact Crypto via the parent company’s website.
Moreover, Binance, on its own, stopped its operations in Ontario in the past month following severe notice authorities in the province gave about three other crypto exchanges for not complying with regulations.
Globally, Binance is having problems with other countries such as the US, Germany, China, Turkey, India, and Nigeria. In the US, for example, Binance is under investigation by the US Justice Department and US tax authorities in which the purpose of the investigation is to determine whether tax evaders or money launderers are using the medium to engage in their illicit transactions. According to Chainalysis’ 2020 Crypto Crime Report, about $2.8 billion illicit Bitcoin that moved from criminal entities to exchanges was received by Binance and Huobi.
Given these Binance’s troubles, most countries are wary of allowing the company stays in their respective countries.
Why You Need a VPN For Binance?
A VPN comes in handy for Binance to protect your identity from being intercepted by hackers and malware. With Binance known for having had past experience of cyber-attacks, you must get a VPN to hide your online activity, IP address, and sensitive data from attacks by cybercriminals.
Most importantly, Binance.com isn’t available to US residents thereby making it difficult for you to trade in Binance if you’re living in the country. Hence, to access the global platform of Binance, you need to use a VPN.
In case, you’re wondering why Binance blocks US residents from accessing the platform, the reason is to prevent users from the country from laundering money through crypto trading. However, you can still access your Binance account and continue your crypto trading using a VPN. And that’s one of the reasons why you need a VPN for Binance.
Is Trading in Binance Illegal?
Although trading in Binance is not illegal you should be careful about how you use it. Currently, Binance is just being investigated in the US and no charges have been filed against it. So you can still access Binance in the US only by using a VPN. This is so as the Binance.com link isn’t available any longer. Bottom-line is Binance is not illegal so long as you’re not using it for illicit activity.
How Do You Unblock Binance With a VPN?
If you’re a US resident, you’re most likely can’t access Binance.com except with a VPN. By following these simple steps, you can unblock Binance US or in any country where you live in.
- Sign for a VPN subscription plan of your choice. We always recommend ExpressVPN, NordVPN, etc.
- Go to the official website of the VPN service provider to download the app and install it on any device of your choice.
- Launch the VPN on your device
- Select a location and connect to a server closest to your location or any server you like. In the case of US residents who want to access Binance.com, they should select a location and connect to a server outside the country.
- Once you connect to a VPN server, your traffic is redirected to that location and then you’re good to go with visiting Binance.com to start your Crypto trading.
Binance Security Tips You Should Know About
Binance has suffered past experience with hackers and so it’s expected to take all preventive measures to prevent your Binance account from falling prey to these cybercriminals. On Binance’s official website, they identify 15 tips to secure your Binance account. You can check it out for a better read. However, we are not going to reinvent the wheel but you must understand one of the security measures they mentioned on securing your internet connection. On that, using a VPN comes in handy if you’re using public unprotected Wi-Fi networks.
A good VPN will protect your traffic in any situation be it connection loss or internet drop. But you can only get this right if you use the right VPN. How do you choose the right VPN for your Binance account?
That takes us to the meat of the article – the best VPN for Binance.
Best VPN For Binance
| Brand | Starting price | Best for |
|---|---|---|
| 1. ExpressVPN | $12.95/month | Robust features |
| 2. Private Internet Access | $2.19/month | Easy access |
| 3. CyberGhost | $4.49/month | Fast gaming |
#1 ExpressVPN
One of the most important features you should look out for in a VPN you’re to use for your crypto trading is the reliability and strength of its encryption. ExpressVPN offers military-grade 256-bit encryption as part of its key features. As of today, this encryption is the highest standard you can get with any advanced VPN. And one of the benefits you can gain from having a VPN with strong encryption like this is to help you protect your sensitive information from hacking or praying the eyes of other snoops.
Boasting globally acknowledged standards and reputations, this provider is known for being one of the VPN services available with a trusted server for crypto trading. And, in that, it maintains a zero-logging policy. This means the provider doesn’t keep your logging details after you log out and so you don’t have to worry about selling your information to a third party or government agency. The good thing is even if the authority asks for your logging details or sensitive information; ExpressVPN wouldn’t have any information to supply them since they don’t retain your data.
Additionally, the provider has over 3,000 servers distributed in 94 countries with a blazing-fast speed that allows you to load the Binance website fast on its entire server.
The software has a strong unblocking potential and, in that, it can unblock exchange platforms such as Binance, Huobi, Coinbase, Blockchain, Coincheck, etc.
Most interestingly, you don’t have to take our word alone for it as the provider offers a 30-day money-back guarantee for you to test out the service and see things for yourself.
Pros
- Zero-logging policy
- 30-day money-back guarantee
- Fast speed connection
- High-standard 256-bit encryption
- Gigantic server networks
Cons
- Slightly expensive than its rivals
Get started with ExpressVPN today.
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#2 Private Internet Access
When we say a VPN service provider offers gigantic networks of servers, it’s truer of this VPN than others. Private Internet Access boasts of over 34,400 servers strategically dispersed across over 78 different locations. With this, you have a wide range of servers to select from and you can easily locate a server closest to your location or that will help you access the Binance US platform without breaking a sweat. With this app, you can connect up to 10 different devices at the same time using a single subscription thereby saving you cost and granting you security on all devices at your disposal.
Also, we found the customizable security settings capability offered by this provider a big advantage it has over some of its competitors. With this feature, you can personalize your security settings as you like and you can select from different security protocols like leak protection, 256-bit encryption, malware blockers, among others. All these features will go a long way in guaranteeing you more security and privacy on Binance.
When you’re in the US and need to access Binance.com, you need a VPN with strong and reliable unblocking potential. We found PIA a very helpful and reliable VPN you can rely on for getting around Cryptocurrency exchange platforms like Binance, KuCoin, Blockchain, Kraken, etc. Also, this app is cross-device functional and, by this, we mean it is compatible with multiple devices such as Mac, iPhone, Android, Linux, Chrome, Firefox, Safari, Opera, Routers, and Windows, to name but a few.
Like ExpressVPN, PIA offers a 30-day money-back guarantee for intending users to try out the app. And if, after trying it out you aren’t convinced it’s what they said it is, you can ask for your full refund within the 30 days window. So you don’t lose anything if you try the app out yourself.
Pros
- A huge network of servers
- Easy-to-personalize security settings
- Up to 10 devices simultaneous connections
- 30-day money-back guarantee
Cons
- Variable speed with different levels of security
Get started with Private Internet Access today.
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#3 CyberGhost
CyberGhost is one of our top picks when choosing the best VPNs for Binance. We found this provider a great choice for people looking for a VPN with strong encryption and a total no-logs policy. Like some of its rivals, CyberGhost comes with 256-bit encryption which is still the highest standard anyone can get in the industry as of today. And, since getting full protection for your classified information and identity is what comes first when trading on Binance, and this provider guarantees that we always recommend this app for our readers.
As of the time of writing this article, the provider offers a 45-day money-back guarantee for prospective buyers to try it out. This means, you can take advantage of 45 days to see how this software works with Binance and if you feel it’s not right for you, you can ask for a full refund or cancel your subscription. You’ll get back your money as soon as possible – no question asked.
On top of that, you can always rely on their 24/7 live chat support for any queries you have. Or you can choose to contact their customer support via email – it’s all your choice.
Pros
- Standard encryption protocol
- 24/7 live chat support
- 45-day money-back guarantee
- Allows up to 7 devices connections simultaneously
- Zero-logging policy
Cons
- Variable speed with some servers
Wrapping Up On Best VPNs For Binance
Over the few months and years, Binance has faced lots of crackdowns from many countries. That led to its restrictions in some countries like the US, UK, Canada, Japan, etc. Therefore, you need a VPN to access the platform and to get around its geoblocks. The truth is not all the VPNs out there can do the work. You need only the right VPNS with the right features such as the ones highlighted above. Although we recommend the VPNs above you can also try them out to see how they work. The good thing is all of the options above come with a minimum of 1-month money-back guarantee. And you can take advantage of the guarantee to make an informed decision.
Overall, you’ll go no wrong if you choose any of the VPNs above.