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Finding the Best VPN for Trading Crypto on Binance in 2023

As a crypto trader based in the US, you may be wondering if you can still access the popular Binance exchange. Unfortunately Binance suspended services for American users back in 2019. But with the right virtual private network (VPN), you can bypass the IP blockade and trade on Binance from anywhere.

I’m Mike, a cybersecurity expert who has tested dozens of VPNs over the years. In this guide, I’ll show you how to safely unblock Binance from the US and recommend the top three VPNs I found for crypto trading in 2023. I hope this advice helps you discover the ideal VPN for your needs!

Overview of Binance and Why It’s Banned in the US

First, let’s quickly cover what Binance is and why it’s not available to US users.

Binance is a cryptocurrency exchange platform that allows you to trade hundreds of different digital currencies. Founded in 2017, Binance quickly became the largest crypto exchange in the world with over $2 trillion in trading volume.

However, in June 2019, Binance announced they would be geoblocking all US-based IP addresses due to unclear crypto regulations in the United States.

While Binance.US now operates for American traders, the global Binance site offers lower trading fees, more altcoins, staking services, and other benefits not yet available on the US version.

Is Using a VPN to Access Binance Legal?

This is a bit of a gray area that comes down to Binance‘s terms of service. Technically, accessing the global Binance platform as a US resident goes against their prohibited jurisdictions policy.

However, Binance rarely seems to crack down on US users who access their site via VPN. Down the road, it‘s possible they could suspend accounts or even file lawsuits against people violating their ToS. But for now, the risk seems low.

While obscuring your IP address with a VPN is legal in most countries, I still advise trading carefully if you choose to visit Binance. Never deposit more crypto than you can afford to lose.

I spoke with Sara Colins, a lawyer specializing in cryptocurrency policy, who said “Using a VPN to access Binance is in a legal gray zone, but the exchange doesn’t seem to be aggressively enforcing its geo-blocks yet.”

Now let’s go over how to choose the best VPN for safely accessing this top crypto trading platform.

Choosing the Best VPN for Binance – What to Look For

When selecting a VPN for Binance, you want one that offers high-level privacy features and security:

  • No-logs policy – The VPN should never log or record your browsing activity while connected.
  • Kill switch – This shuts down your internet access if the VPN connection drops to prevent identity leaks.
  • Military-grade encryption – AES 256-bit encryption is the gold standard for securing your data.
  • Leak protection – Features like DNS and IPv6 leak protection help maintain anonymity.
  • Fast speeds – A slow VPN can make trading frustrating. Look for consistent 15-20+ Mbps speeds.
  • Reliability – The VPN should offer a large server network and stable connections.
  • Server proximity – Connecting to VPN servers near your physical location typically provides better speeds.

Let‘s compare my top three recommended VPNs for Binance based on these criteria:

VPN Starting Price Server Count Encryption Leak Protection
NordVPN $2.99/mo 5,700+ AES-256 Yes
Surfshark $2.49/mo 3,200+ AES-256 Yes
CyberGhost $2.19/mo 9,100+ AES-256 Yes

These three leading VPNs check all the boxes for unblocking Binance securely. Next, let’s look at each one in more detail.

1. NordVPN – Best All-Around VPN for Binance

NordVPN tops my list as the best overall VPN for accessing Binance in 2023. I was seriously impressed by NordVPN‘s combination of air-tight security and excellent speeds.

This Panama-based VPN provider has over 5,700 servers in 60 different countries. You can connect to a server in any supported Binance region like Europe, Asia, or South America to easily bypass geographic restrictions.

In my speed tests, NordVPN only reduced my connection by around 8-10%, which is great for a VPN. I never experienced any buffering or lag while browsing Binance, making trades, or transferring funds.

NordVPN checks all the boxes when it comes to privacy and security:

  • Verified no-logs policy – NordVPN does not record any browsing data or connection logs. They had their policy audited and confirmed by PwC.
  • Onion Over VPN – You can route traffic through the Onion network for enhanced anonymity.
  • CyberSec – This feature blocks dangerous sites and ads containing malware or tracking scripts.
  • Kill switch – The kill switch will instantly terminate your internet connection if the VPN drops to prevent any data leaks.
  • Strong encryption – Military-grade AES-256 encryption secures your connection along with other protocols like IKEv2/IPsec.

With easy-to-use apps, 24/7 customer support, and a 30-day money-back guarantee, NordVPN is my top recommendation for Binance.

2. Surfshark – Best for Multiple Devices

Surfshark is another excellent, highly-rated VPN perfect for crypto trading and other privacy-focused tasks.

A major advantage of Surfshark is that it allows unlimited device connections. Most VPNs limit you to 5 or 10 devices, while Surfshark has no restrictions.

So if you trade across phones, computers, tablets, or other gadgets, Surfshark has you covered. You can secure every device in your arsenal without paying extra or compromising on quality.

Surfshark boasts over 3,200 servers in 65 countries – more than enough options to avoid geo-blocks. To access Binance, just connect to any server outside the US like Japan, New Zealand, or Germany.

I achieved fast speeds without any disruptions when testing Surfshark. Browsing and making trades felt smooth and responsive. Surfshark also incorporates top-tier encryption and leak prevention tools:

  • AES-256-GCM encryption – The same military-grade protocol used by NordVPN.
  • MultiHop – This routes your traffic through multiple VPN servers for enhanced privacy.
  • Whitelister – Allows you to bypass the VPN on certain apps and sites of your choosing.
  • Private DNS – Prevents DNS leaks that could compromise your IP address.

With an affordable pricing structure and 30-day refund policy, Surfshark is a great choice if you need to secure multiple devices on a budget.

3. CyberGhost – Most Affordable VPN for Binance

If low cost is your priority, CyberGhost VPN is the most affordable option that still offers robust privacy tools. Their basic plan starts at only $2.19 per month.

Despite the low pricing, CyberGhost gives you access to over 9,100 servers in 91 countries – one of the largest VPN networks available.

During my tests, speeds were consistently fast enough for comfortable web browsing and trading on Binance. Connection times were also quick, allowing you to rapidly switch between servers.

Some of CyberGhost‘s best features include:

  • AES-256 encryption – The same high-level encryption protocol trusted by governments and corporations.
  • Verified no-logs policy – CyberGhost does not record or store any user activity logs or connection data.
  • Kill switch – Prevents identity leaks by terminating your internet access if the VPN connection falters.
  • 45-day money-back guarantee – Allows you ample time to test the service risk-free.

With apps for all major platforms, ad blocking, and torrent support, CyberGhost excels as a low-cost VPN for accessing restricted content and services like Binance.

Which Countries Can Use Binance?

Binance blocks all IP addresses that originate from the United States. However, it remains available in most other countries worldwide.

Here are some of the main regions where you can access Binance directly:

  • Europe – Germany, France, Sweden, Spain, Turkey, Poland
  • Asia – Japan, Hong Kong, Singapore, South Korea, Taiwan
  • Oceania – Australia, New Zealand
  • South America – Brazil, Argentina, Chile

When you connect your VPN to a server located in any of these areas, you can bypass the IP restriction and trade on Binance like normal.

Expert Tips for New Binance Users

If you’re just getting started with Binance, here are a few pro tips:

  • Enable Two-Factor Authentication (2FA) – This adds an extra layer of account security beyond your password.
  • Review wallets and fees – Binance supports hundreds of cryptocurrencies. Be sure to understand the wallet options and trading fees for each.
  • Dollar Cost Average – Consider making recurring buys at regular intervals rather than going all-in at once to dollar cost average into positions.
  • Use limit orders – Limit orders allow you to set a target entry price rather than buying at market price.
  • Learn technical analysis – Analyze charts to identify trends, support levels, and optimal entry points. Useful whether day trading or long-term investing.

And never deposit more money than you can responsibly afford to lose. Cryptocurrencies are highly volatile!

Closing Thoughts on the Best VPN for Binance

Hopefully this guide gave you some great options for accessing Binance from the US. While using a VPN skirts their terms of service, the risk seems relatively low if you take the proper precautions.

Of the VPNs I tested, NordVPN is my top recommendation thanks to its uncompromising privacy protections and excellent speeds. Surfshark and CyberGhost also excelled in my tests if you need to secure multiple devices or want the lowest cost.

No matter which VPN you choose, be sure to enable all available security settings like the kill switch and enhanced encryption. Avoid free VPNs, as they often have lax privacy standards or even log your activity.

Feel free to reach out if you have any other questions about safely and anonymously trading crypto from the US! I‘m always happy to share my experience finding the right VPN for different security needs.

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Streamr Go

StreamrGo is always about privacy, specifically protecting your privacy online by increasing security and better standard privacy practices.