Why do Crypto investors Need to use a VPN Service? A VPN is a good security measure similar to the more secure offline crypto wallets. Therefore a VPN is ideal for any public Wi-Fi in any country as long as a server network is available. More traders are turning to VPNs to protect their valuable cryptocurrency portfolios at home, but the fact is you can use your VPN anywhere in the world, even in sanctioned countries. A VPN masks your IP (internet protocol) address by creating a hidden, private network, which means that everything you do online is untraceable, such as margin trading with leverage, logging in to crypto lending platforms and any other activities on your chosen device.Ī VPN service establishes secure encrypted connections, ensuring a higher level of privacy, meaning you can protect your cryptocurrency transactions. VPN is an acronym for Virtual Private Network. Therefore, many other users visiting sanctioned countries find a VPN useful when they’re on business trips (to Japan for instance), in order to trade or access their crypto accounts. If you have a settlement date or want to check your coins portfolio, sell or trade for profit on the go, a little planning for your travels means you can continue to enjoy using your Gate exchange account.Īs a Gate.io customer, you might not wish to use other crypto exchange services to buy, sell or leverage your Bitcoin or other cryptocurrencies when you are travelling. ![]() So, if you’re travelling to any of the above countries and want to sell or trade on the Gate.io exchange, it may be impossible to log in to your account for spot trading Bitcoin or to trade digital currency on the popular Gate.io app. This list now reads United States, Mainland China, Canada, Singapore, Malaysia, Malta, Cuba, Iran, North Korea, Sudan, Syria, Venezuela, Crimea region, Bangladesh, Bolivia, Ecuador, and Kyrgyzstan. In February 2022, Gate.io updated its list of countries with prohibited services. ![]() Still, it isn’t available in all countries, which can be problematic if you travel and want to continue using the crypto trading platform. ![]() Like many other exchanges, Gate.io is a reputable and established global exchange serving many crypto traders and investors.
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