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Author Topic: Is it a good idea to use a VPN for trading on Exchange?  (Read 14242 times)

Offline JohnSimens

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Is it a good idea to use a VPN for trading on Exchange?
« on: June 01, 2021, 08:33:52 AM »
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

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Is it a good idea to use a VPN for trading on Exchange?
« on: June 01, 2021, 08:33:52 AM »

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Offline alltalk

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Re: Is it a good idea to use a VPN for trading on Exchange?
« Reply #1 on: June 06, 2021, 11:35:30 PM »
In my case, it is a must to use a VPN if you want to access Binance. So far, I have no problem accessing an exchange like Binance by using VPN. I think it isn't a mistake, except if your country is prohibited to access and join the exchange. It depends on the problem itself, as long as we don't break the rules or regulations, it is always okay to use a VPN for trading or accessing an exchange.
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Offline pelana vreo

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Re: Is it a good idea to use a VPN for trading on Exchange?
« Reply #3 on: June 13, 2021, 02:15:59 PM »
I think it doesn't matter if you use a VPN, some countries block web IPs from crypto exchanges because they don't have permission from that country, I used VPN to download apps from Binance exchange and all went well without any issues.

Offline saprakib

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Re: Is it a good idea to use a VPN for trading on Exchange?
« Reply #4 on: June 13, 2021, 03:50:27 PM »
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
Don't use VPN even it is Binance. You will freeze soon on your fund. There is no good exchange support to use vpn. You can use ip copy system what i known. But it is risky as well follow other trade. So i think you need to avoid this.
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Offline alltalk

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Re: Is it a good idea to use a VPN for trading on Exchange?
« Reply #5 on: June 13, 2021, 11:58:17 PM »
Don't use VPN even it is Binance. You will freeze soon on your fund.
I think it is not true. How if you have no choice to access it without VPN? For example Indonesia? Indonesia isn't excluded country to join Binance but all people in Indonesia cannot do anything if they don't use VPN. As far as I know, the government ban Binance, so Indonesian people must have a way to access it. One of the possible ways is to use VPN.

*By the way, so far I have no problem even if I use a VPN to access Binance.

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Offline Confero

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Re: Is it a good idea to use a VPN for trading on Exchange?
« Reply #6 on: June 14, 2021, 04:19:30 AM »
VPN has many choices, so my advice If you want to use a VPN when you want to trade use a VPN that is official or already has a good rating. Because it will be very dangerous when using a bad VPN, because it can steal our data.

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Re: Is it a good idea to use a VPN for trading on Exchange?
« Reply #6 on: June 14, 2021, 04:19:30 AM »


Offline Paha87

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Re: Is it a good idea to use a VPN for trading on Exchange?
« Reply #7 on: June 14, 2021, 06:15:05 AM »
VPN has many choices, so my advice If you want to use a VPN when you want to trade use a VPN that is official or already has a good rating. Because it will be very dangerous when using a bad VPN, because it can steal our data.

I support you, dear. But how to choose a decent program VPN for yourself from such a huge number of them on the market. Maybe you have a specific example VPN, what would you recommend?

Offline Limabd

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Re: Is it a good idea to use a VPN for trading on Exchange?
« Reply #8 on: June 14, 2021, 09:30:22 AM »
Using a VPN is not a bad thing You can use a VPN if you want to if you do not have permission to use cryptocurrency, bitcoin or binance.  Some countries block web IP address from crypto exchanges because they do not have permission from that country.  In these cases you can use VPN.  However, if you do not have to choose a good VPN, you will run into a variety of problems.  There should be no problem in using VPN. It is okay to use VPN for trading or access as long as the rules are not broken.

Offline Bobcrypto

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Re: Is it a good idea to use a VPN for trading on Exchange?
« Reply #9 on: June 14, 2021, 10:25:18 AM »
I think that the use of VPN is on places where there are cryptocurrecy usage restrictions, otherwise there is nothing wrong with the use of VPN to assess cryptocurrecy exchange. If VPN is contactable with any crypto exchange, then it is very OK to use VPN.

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Offline shadowdio

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Re: Is it a good idea to use a VPN for trading on Exchange?
« Reply #10 on: June 15, 2021, 07:18:38 AM »
I think it's not necessary to use VPN in binance unless in your country is not supporting cryptos and why do you use VPN for trading? Binance exchange is safe to trade even you copy the strategy of the traders they don't care..

Offline ranaprime

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Re: Is it a good idea to use a VPN for trading on Exchange?
« Reply #11 on: June 15, 2021, 07:35:31 AM »
If someone thinks that his country does not support any specific exchanger then he can use VPN. I don’t have any experienced about the fact that someone uses an exchanger with VPN. However, in case of investment, it is better to confirm this issue first and then invest.

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Re: Is it a good idea to use a VPN for trading on Exchange?
« Reply #12 on: June 15, 2021, 03:42:42 PM »
~

I support you, dear. But how to choose a decent program VPN for yourself from such a huge number of them on the market. Maybe you have a specific example VPN, what would you recommend?
When we enter or want to choose a VPN that we will use in surfing the virtual world.  So my choice is to choose a VPN that has many users, because every VPN application, for example in the Play Store, must have a description of how many applications are installed and used.  The more users, I think the better.  That's my opinion, how about you yourself.. Do you have any suggestions for members here?

Offline robert20

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Re: Is it a good idea to use a VPN for trading on Exchange?
« Reply #13 on: June 18, 2021, 02:17:33 PM »
This unnecessary to use a vpn to access Binance unless in your country it is banned orillegal. But if you want to use a vpn dont use any free vpn because most of the free vpns sells your data. Try to use paid vpn with good service and high speed. Never use any free vpn.
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Re: Is it a good idea to use a VPN for trading on Exchange?
« Reply #14 on: June 18, 2021, 07:45:12 PM »
I think no need vpn for trading on exchanger. We saw there has no problem to access on any exchanger in our country. So i think vpn is unnecessary in our area. When our legal authority banned it in our country only then it will be need vpn for us. Right now it no need and it has no extra benefit for us.

 

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