Is it a good idea to use a VPN for trading on Exchange?

[innerpumper]

I'm sure it doesn't matter, because I've been there. some countries do prohibit bitcoin trading in their country so even markets like binance they will block. actually there is another solution besides using a VPN, you can try using the binance application on the play store or you use google dns on your internet network. I've done it, and it worked without having to use a vpn I can access the binance website.

[Freemind]

Yes, VPN is used when you have problems with some services in your country.  There are free version and it is very comfortable. Sometimes I use VPN working with crypto.

I disagree with you, free VPNs can be used to learn how they work (and it is always recommended to do so on machines that contain little or no data), but not for serious things. A user who has no prior knowledge with VPN does not know the amount of data that can be stolen, and that is a danger when we talk about private information and logins to access exchanges, for example. In this article you have an example of what can happen: 21 million free VPN users' data exposed

[Vx1]

Sometimes in some areas there are rules that make us unable to access the Crypto trading site that we will use, here we need to use VPN as an alternative so that we can enter. Not one hundred percent safe, but if we want to use VPN we should use a VPN that has high security. But we should still be careful with our money.

[elbans89]

I follow my trader and want to start copying him. The platform where he trades supports Binance exchange only. Is it risky to deposit money on an exchange account using a VPN? Can I be banned or froze and how can the exchange track me and use this data to ban my account?

Please share your experience and give me an advice

Copy trading platform - coinmatics
Exchange - binance

If you use paid VPN , I think It's good. Many member have explained about it.
Sometimes I also used VPN.
It's not problem, don't worry with your assets.
Maybe at several countries have blocked exchange, VPN is good solution.

[doc]

Sometimes in some areas there are rules that make us unable to access the Crypto trading site that we will use, here we need to use VPN as an alternative so that we can enter. Not one hundred percent safe, but if we want to use VPN we should use a VPN that has high security. But we should still be careful with our money.

That's true, at several countries blocked exchange.
I think we can use VPN or proxy.
I have read many opinions here, I agree we should use paid VPN, it's more safe than free VPN.
I think It's good idea.
Always be careful with your assets in exchange, just take the coins that you will do trading, not more.
Better to save other coins  in your wallet than exchange wallet.

[cheezcarls]

I follow my trader and want to start copying him. The platform where he trades supports Binance exchange only. Is it risky to deposit money on an exchange account using a VPN? Can I be banned or froze and how can the exchange track me and use this data to ban my account?

Please share your experience and give me an advice

Copy trading platform - coinmatics
Exchange - binance

First and foremost, which country are you from?

If you are an isolated country who wants to trade in an exchange, well that would be reasonable. But I think a VPN with paid subscription works much more in terms of stability and reliability than free ones. Just my opinion.

[Freemind]

I'm sure it doesn't matter, because I've been there. some countries do prohibit bitcoin trading in their country so even markets like binance they will block. actually there is another solution besides using a VPN, you can try using the binance application on the play store or you use google dns on your internet network. I've done it, and it worked without having to use a vpn I can access the binance website.

Changing the DNS is a solution that may work, but only in the short term. If the exchange blocks the IP ranges assigned to each country from all ISPs operating in that country, it would be impossible to access those exchanges. Another good, secure and free solution would be to use a friend's connection who lives outside of the blocking country, setting up an IP tunnel with a trusted person would be very easy and would only take a couple of hours to get up and running.

[rizqillah]

I'm sure it doesn't matter, because I've been there. some countries do prohibit bitcoin trading in their country so even markets like binance they will block. actually there is another solution besides using a VPN, you can try using the binance application on the play store or you use google dns on your internet network. I've done it, and it worked without having to use a vpn I can access the binance website.

Changing the DNS is a solution that may work, but only in the short term. If the exchange blocks the IP ranges assigned to each country from all ISPs operating in that country, it would be impossible to access those exchanges. Another good, secure and free solution would be to use a friend's connection who lives outside of the blocking country, setting up an IP tunnel with a trusted person would be very easy and would only take a couple of hours to get up and running.

Good idea, If the exchange blocks the IP ranges assigned to each country from all ISPs operating in that country, we can ask help friend at another country.
Although It's difficult, because people is hard to give their personal ID to register in exchange.
So, maybe there is another way to do.
other member can share how to solve this problem.

[Freemind]

Good idea, If the exchange blocks the IP ranges assigned to each country from all ISPs operating in that country, we can ask help friend at another country.
Although It's difficult, because people is hard to give their personal ID to register in exchange.
So, maybe there is another way to do.
other member can share how to solve this problem.

@rizqillah I'm not talking about using a friend's identity, I'm talking about using a friend's internet connection. If we do not have much knowledge, the easiest thing would be to use any Windows remote desktop software (RemotePC, LogMeIn, Remote Desktop Manager...), that way we would connect to our friend's computer and use his Internet connection to access any exchange that is blocked in our country. Something like this can be done with any operating system even with little knowledge.

[royalfestus]

I think it is unnecessary to use a VPN for trading on Exchange because if you use vpn there have no extra benefit i mean most of the exchange don't have any country boundary. If happen those kind of things then you can use vpn. One the other hand if your country do not accept crypto currency then you can go for using vpn.

Not everyone has the advantage of visiting any exchange like some of us do. And if you have to change location to USA and other countries with strict retrictions on exchanges, one might have to use VPN to access the exchange. Just a visit in some countries with your IP can ban you from all your asset and trading. You might also need this any time you change location so as to learn how to go about it.

[Freemind]

Not everyone has the advantage of visiting any exchange like some of us do. And if you have to change location to USA and other countries with strict retrictions on exchanges, one might have to use VPN to access the exchange. Just a visit in some countries with your IP can ban you from all your asset and trading. You might also need this any time you change location so as to learn how to go about it.

It only takes a few minutes, learning to use a VPN is as simple as opening the software, selecting the country to which we want to connect (this will be our visible IP) and we will be able to surf the internet without problems. If we do not trust the VPN providers on the market 100% (all companies keep user logs, even if they say otherwise) some of the details that I have given above can help us a lot, and it would not have any economic cost.

[IyemRoker]

I see this kind of problem a lot happening to cryptocurrency traders, especially to traders on the Binance platform.
Binance has spread all over the world, of course, many users have Binance accounts, but unfortunately the local government blocked the Binance website.
Why is Binance blocked for a reasonable reason is because there are so many who don't agree with cryptocurrencies in various governments around the world, so to be aware of crimes of theft or money laundering, Binance has blocked its website and the only way is to use PVN .

[bayiajaib]

I see this kind of problem a lot happening to cryptocurrency traders, especially to traders on the Binance platform.
Binance has spread all over the world, of course, many users have Binance accounts, but unfortunately the local government blocked the Binance website.
Why is Binance blocked for a reasonable reason is because there are so many who don't agree with cryptocurrencies in various governments around the world, so to be aware of crimes of theft or money laundering, Binance has blocked its website and the only way is to use PVN .

I think It needs time for government to allow crypto currency.
We know the government doubt about crypto transaction, It's the reason I'm why binance exchange being blocked at several countries.
But No matter, we can use VPN or proxy.
Better to use paid VPN.
Excessive fear of the government will make their  citizens unaware of the advancement of crypto technology.

[Freemind]

I think It needs time for government to allow crypto currency.
We know the government doubt about crypto transaction, It's the reason I'm why binance exchange being blocked at several countries.
But No matter, we can use VPN or proxy.
Better to use paid VPN.
Excessive fear of the government will make their  citizens unaware of the advancement of crypto technology.

I think the opposite. Governments (nearly 100%) fear that their citizens are smart. They prefer citizens to be sheep that can be moved from one place to another at the whim of their politicians. People who question everything, people who look for alternatives and don't believe everything politicians tell them are the most restless people, and therefore they are the people who always want to know more. Governments fear that their citizens use cryptocurrencies because it gives them freedom.

[jonathancool220]

Maybe for some people there are those who are afraid to use a VPN and they don't agree to use it but the proof is that I myself use a VPN to open the Binance website.
If we can't open the destination website and if we have to use a VPN to open the website then we definitely have to use a VPN.
We have to force ourselves to do our best because that's how we can access Binance Exchange.