Best VPN for BitMEX in 2023

Ethan Payne
Ethan Payne | Writer
Last updated: March 24, 2023
Best VPN services for BitMEX
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BitMEX, also known as Bitcoin Mercantile Exchange, is a cryptocurrency exchange that primarily focuses on Bitcoin trading. It’s known for exceptional security, high liquidity, and zero withdrawal and deposit costs. However, the platform is known for being unavailable in certain parts of the world, including the United States of America.

Thankfully, such restrictions aren’t an issue when you have a BitMEX VPN (Virtual Private Network). With it, you can connect to a country that does not restrict crypto trading and get additional security and privacy benefits.

Best VPN for BitMEX: shortlist

  1. The best VPN for BitMEX
  2. BitMEX VPN with unlimited connections
  3. The cheapest VPN for BitMEX
  4. Versatile VPN for BitMEX
  5. BitMEX VPN with largest country selection

Why do you need a VPN for BitMEX?

BitMEX restricted message

Due to local laws and regulations, BitMEX blocks USA users from entering the platform. Essentially, the CFTC (Commodities Futures Trading Commission) hasn’t authorized the crypto exchange to operate in the United States. Naturally, this isn’t the only region that is prohibited from accessing the platform. A few Canadian provinces, Hong Kong, and numerous other countries are restricted as well.

Restricted Jurisdictions based on the BitMEX terms of service
The United States of America, the province of Ontario in Canada, the province of Québec in Canada, the Hong Kong Special Administrative Region of the People’s Republic of China, the Republic of Seychelles, Bermuda, Burundi, Central African Republic, Democratic Republic of Congo, Eritrea, Guinea-Bissau, Libya, Mali, Palestine, Somalia, South Sudan, Western Sahara, Yemen, Cuba, Crimea and Sevastopol, Iran, Syria, North Korea, Sudan

Thankfully, BitMEX lacks sophisticated methods of KYC (Know Your Customer) verification. This means that you can register an account without sharing any personal information. All you need is an email, a desire to trade Bitcoin, and an IP address in a country where BitMEX is available. The first two things are self-explanatory, while a premium VPN is the perfect solution for getting a foreign IP address.

A virtual private network works by redirecting your internet connection through a server in a remote location. During this process, your traffic is protected with AES-256 encryption, making all of your activities private. That way, no one will know your true identity or what you’re up to online.

Best VPNs for BitMEX: overview

Unsurprisingly, you can’t pick any VPN and hope that it will suffice for BitMEX. Using an unreliable VPN provider could expose your real location and thus get you banned on the crypto exchange. To prevent that from happening, you need a service that has most if not all of these features:

With these aspects in mind, we’ve selected the top five VPNs for BitMEX that are worth trying out.

1. NordVPN – the best VPN for BitMEX

Top VPN provider
Number of countries covered
Number of countries covered:
Number of servers
Number of servers:
24/7 live chat, Email
  • Excellent security
  • Flawless privacy practices
  • Fastest speeds
  • Great server list (5400+ servers in 60 countries)
  • Custom apps for Windows, Mac, iOS, Android, and more
  • Great app design and website
  • 24/7 live chat and good knowledge-base
  • Fair price
  • Awesome for Netflix
  • Good for torrenting
  • Great for China and other restricted countries
  • Only six simultaneous connections

The gold standard for BitMEX VPNs is NordVPN. It’s exceptionally secure, confidential, affordable, and versatile.

First, NordVPN utilizes 5400+ servers in 60+ countries. It’s worth mentioning that many of those servers are using RAM-only technology to avoid storing data on hard drives. Additionally, wicked-fast speeds are ensured with the proprietary WireGuard-based NordLynx tunneling protocol. Moreover, you can unlock a dedicated IP in the United States, the United Kingdom, Netherlands, France, and Germany.

Furthermore, NordVPN guarantees secrecy because it’s based in privacy-respecting Panama. If you’re not convinced, the service had its no-logs policy audited by a third party. Plus, you can connect using Obfuscated servers to keep your presence on a network hidden even from DPI (Deep Packet Inspection).

The versatility of NordVPN becomes apparent when you realize that the provider is one of the best options for streaming. It can get around geographical restrictions on services like HBO Max, BBC iPlayer, Netflix, and more. Additionally, the service is compatible with Android TV, Amazon Fire TV Stick, Roku, and Kodi. If that’s not enough, you can take advantage of SmartPlay and enable the VPN on practically any streaming device.

One NordVPN account enables you to secure up to six different devices simultaneously. If you need more, there’s an option to install the VPN on a router. That way, the entire network is protected with a VPN connection by using up only one connection.

Most importantly, you can take NordVPN for a spin thanks to the 7-day free trial that’s available on the Google Play Store. You’ll need an Android device to claim the offer but there are no more limitations once you have it. After that, pricing starts at $3.49/month and is protected with a 30-day money-back guarantee.

For a deeper investigation of NordVPN, read our NordVPN review.

2. Surfshark – BitMEX VPN with unlimited connections

Top VPN provider
Number of countries covered
Number of countries covered:
Number of servers
Number of servers:
24/7 live chat, FAQ
  • Strong encryption
  • Excellent performance
  • Unlimited simultaneous connections
  • Almost zero logs
  • 24/7 live chat
  • Unlocks Netflix and other platforms
  • Great for torrenting
  • 30-day money-back guarantee
  • Supports plenty of platforms and devices
  • Cutting-edge Nexus feature
  • No-logs policy hasn't been audited

Surfshark is the best VPN for BitMEX if you need to secure an unlimited number of devices. It also has outstanding privacy features and exceptional security for your devices.

For starters, Surfshark is equipped with 3200+ servers across 65+ countries. It’s one of the few VPN providers that’s using 100% RAM-only technology to store data securely. And top-notch performance is guaranteed with the open-source WireGuard tunneling protocol.

Meanwhile, privacy is practically infallible thanks to their jurisdiction in the Netherlands. While it’s a Nine Eyes country, it has no data retention laws, enabling Surfshark’s no-logs policy. The service also underwent multiple third-party audits to ensure the proper handling of data. Plus, privacy features like NoBorders and Camouflage Mode are available to use on a wide range of restrictive networks.

Naturally, you can use Surfshark for recreational purposes as well. For example, it can reliably unlock more content on Netflix, Disney+, Hulu, and other streaming services. Furthermore, the VPN is compatible with Amazon FireOS devices, Android TV, gaming consoles, and numerous other peripherals. Such variety is possible thanks to the Smart DNS feature.

One stand-out feature of this service is the Surfshark One package. With it, you unlock additional features that protect against viruses, ensure private online searching, and personal data protection against breaches.

To get started, grab a Surfshark free trial on the Google Play Store or the Apple App Store. It lasts 7 days and doesn’t include Surfshark One but is otherwise fully functional. Alternatively, you can immediately opt for a subscription, which starts at $2.30/month and is secured with a 30-day money-back guarantee.

For a deeper investigation of Surfshark VPN, read our Surfshark VPN review.

3. VyprVPN – the cheapest VPN for BitMEX

Number of countries covered
Number of countries covered:
Number of servers
Number of servers:
24/7 live chat
  • Good speeds
  • Excellent security
  • Unblocks Netflix and other platforms
  • Allows torrenting
  • Independently-audited no-logs policy
  • Works in China
  • 24/7 live chat support
  • App for routers
  • 30-day money-back guarantee
  • No anonymous payments
  • Expensive

If you want to save as much as possible for crypto trading – consider VyprVPN, the cheapest VPN for BitMEX. Despite the low price, it’s secure and private enough to keep your data safe.

VyprVPN runs a network of 700+ servers across 64+ countries. It retains complete control over the server fleet, ensuring that no third party gets the opportunity to interfere with the hardware. Furthermore, users can use the ever-popular WireGuard tunneling protocol to experience unhindered connectivity anywhere.

Confidentiality is guaranteed while using VyprVPN as it is based in Switzerland and is one of the first VPN services to undergo an independent no-logs policy audit. Additionally, the proprietary Chameleon tunneling protocol is available for lurking in especially restrictive networks, for example, censorship in China.

Thankfully, VyprVPN isn’t a one-trick pony and can unlock extra TV shows and movies on a wide range of streaming platforms as well. For example, it can be used to access more content on Amazon Prime Video, Disney Plus, Netflix, and numerous other platforms. Furthermore, the service has dedicated apps for Android TV, Roku, Amazon Fire TV Stick, Google Chrome, to name a few.

A single VyprVPN subscription allows you to secure up to five different devices simultaneously. If that’s not enough, you can set up a router with a VPN and secure an entire household with just one connection. Plus, this allows you to try out the unique dedicated router app.

You can try out VyprVPN by taking advantage of the 30-day money-back guarantee. Otherwise, pricing starts at only $5.00/month.

For a deeper investigation of VyprVPN, read our VyprVPN review.

4. PrivateVPN – versatile VPN for BitMEX

Number of countries covered
Number of countries covered:
Number of servers
Number of servers:
24/7 live chat
  • Good security
  • Mostly privacy-friendly
  • Decent global coverage
  • Fast speeds
  • Apps for main platforms
  • Very cheap
  • Excellent for Netflix
  • Good for torrenting
  • 7-day free trial
  • Support could be more responsive
  • macOS and iOS apps have fewer features

PrivateVPN is a perfect choice if you need an affordable jack-of-all-trades BitMEX VPN. This service is primarily used for streaming but it’s viable for security and privacy as well.

First, PrivateVPN makes do with a high-quality network of 150+ servers in 62+ countries. Although it seems tiny, the fleet is fully owned by the service, thus ensuring zero meddling from outsiders. Additionally, adequate performance is guaranteed with the tried-and-true OpenVPN tunneling protocol.

One aspect of PrivateVPN that might be a cause for concern is its jurisdiction in Sweden, a member of the Fourteen Eyes alliance. Furthermore, it lacks an independent audit of its no-logs policy. However, the provider hasn’t been caught up in any scandals to justify any mistrust. Plus, it has plenty of reliable security features to choose from, such as the Stealth VPN protocol and a Shadowsocks proxy.

Exceptional streaming performance is taken care of with the dedicated streaming service servers. PrivateVPN is a go-to choice for unlocking more content on Disney Plus, Netflix, Amazon Prime Video, and much more. Plus, you can utilize the VPN on Android TV, Amazon Fire TV Stick, Apple TV, and numerous other devices.

With one PrivateVPN account, you can secure up to six different devices simultaneously. If you need more, you can install the VPN on a router. Then you can secure as many devices as your router can handle. Plus, you won’t have to worry about compatibility issues.

Finally, PrivateVPN offers a 7-day free trial on its official website. But if you want a full commitment, you can get one by subscribing for only $2.00/month. Besides, each subscription is shielded by a 30-day money-back guarantee.

For a deeper investigation of PrivateVPN, read our PrivateVPN review.

5. PureVPN – BitMEX VPN with largest country selection

Number of countries covered
Number of countries covered:
Number of servers
Number of servers:
24/7 live chat
  • Large server list with 20 Gbps options
  • Unblocks Netflix and other platforms
  • Temptingly low pricing
  • Good range of supported platforms
  • Advanced port forwarding
  • Great 24/7 live chat support
  • 10 simultaneous connections
  • Anonymous payment options
  • No kill switch for iOS

PureVPN is the ideal choice if you want access to the most diverse selection of countries while trading on BitMEX. It’s also one of the few VPN providers with a dedicated IP feature.

For starters, PureVPN brings 6500+ servers in 71+ countries to the table. Additionally, you can unlock a dedicated IP from 7 countries (Singapore, Malta, Germany, Canada, UK, Australia, USA) for an additional cost. Plus, the service provides adequate performance with the age-old OpenVPN tunneling protocol.

Privacy enthusiasts can rejoice as PureVPN is located in Hong Kong, away from the Five Eyes alliance and other mass surveillance organizations. However, P2P activities are limited to countries where torrenting is legal. Luckily, you can optimize your connection while torrenting by enabling port forwarding.

Streaming is also a viable option with PureVPN since it can circumvent geographical restrictions on Hulu, Netflix, BBC iPlayer, and other streaming services. Additionally, the VPN is compatible with Android TV, Microsoft Surface, Raspberry Pi, Kodi, and numerous other devices.

One PureVPN account enables you to connect ten different devices at the same time. If you own much more than that, there’s the possibility to set up a router with a VPN. Then all devices on your network are blessed with the benefits of a VPN connection. Plus, this process is made much easier with the DD-WRT applet.

Lastly, you can get a taste of PureVPN by grabbing a 7-day trial for $0.99. After that, pricing starts at $2.08/month and is insured with a 31-day money-back guarantee.

For a deeper investigation of PureVPN, read our PureVPN review.

The best aspect of each BitMEX VPN

Each VPN mentioned here brings its own unique set of benefits. Here’s a quick summary of the most noteworthy perks of each service.

NordVPNThe Best VPN for BitMEX
Surfshark VPNBitMEX VPN with unlimited connections
VyprVPNCheapest VPN for BitMEX
PrivateVPNVersatile VPN for BitMEX
PureVPNBitMEX VPN with largest country selection

How to choose a VPN for BitMEX?

If you plan on searching for a VPN for BitMEX by yourself, be sure to pay attention to these criteria when considering a service.

  • Servers. VPN providers can’t exist without a server network. But the quality of the fleet can vary wildly, so be sure to check if it has plenty of locations, what the hardware is like, is it bare-metal or RAM-only, and who runs the data centers.
  • Privacy. Most users are interested in crypto because of added anonymity. Use a VPN that takes privacy seriously and is located in proper jurisdiction. Extra points if it has an audited no-logs policy.
  • Speed. A VPN connection slows down your internet, but the degree of this reduction depends on the server quality and available tunneling protocols. Choose a service with WireGuard and then verify the performance with a VPN speed test.
  • Security. Top-notch security is crucial when dealing with money. Ensure that your provider is immune to IP and DNS leaks. Otherwise, you can kiss your Bitcoin goodbye.
  • Price. Surely you can spare some crypto to pay for a VPN anonymously and ensure 100% security and anonymity? Because a free VPN won’t be reliable enough for BitMEX.
  • Compatibility. Practically all VPN providers are compatible with Windows, Mac, Android, iOS, and Linux. But if you intend on using the service in other ways, check if it’s compatible in those use cases.
  • Customer support. To a regular user, a VPN works in mysterious ways. But customer support agents can demystify any issues that may arise while using a VPN. Even better if they’re on standby 24/7 and available for live chat.

Can’t access BitMEX with a VPN?

If you’re having trouble accessing BitMEX while using a VPN, here are a few things you should do:

  • Ensure the VPN is turned on and connected to a country not restricted by BitMEX
  • Enable the kill switch
  • Check for IP and DNS leaks
  • Clear your browser cache and cookies
  • Reconnect to another server

If you’re confident that your information isn’t leaking, the IP address you’re connected to may already be banned by BitMEX. If that’s the case, we recommend getting a dedicated IP. It’s an exclusive server for personal use that isn’t available to anyone else. This prevents the IP address from being banned by someone else and reduces suspicions since you’re always connecting from the exact location.

Should I pick a free VPN for BitMEX?

If you’re considering a free VPN service for BitMEX, be advised that the risks aren’t worth the potential losses. For example, free services have numerous downsides, such as:

  • Limited bandwidth
  • Tiny server networks
  • Monthly or daily data limits
  • Unreliable security features
  • Outdated technology filled with security flaws
  • Potential data logging and selling

Free VPNs aren’t known for airtight security. So if it exposes your location while trading on BitMEX, you’ll get banned, and your Bitcoin will be gone into the abyss. This is why you should only consider obtaining a premium VPN for BitMEX.

Bottom line

US residents aren’t permitted to trade on BitMEX due to local laws and regulations. However, it’s pretty easy to use a VPN to create a new account on the platform, thanks to the lack of solid verification. The crucial part is to choose a reliable service provider that won’t leak your information and get you banned on the crypto exchange.

Thankfully, we’ve selected the top five VPNs for BitMEX that can be used reliably to trade Bitcoin securely and privately from anywhere. Just be sure to follow our tips to ensure that your data remains intact.

What do you think is the best VPN for BitMEX? Let us know by leaving a comment!

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Is it legal to use VPN with BitMEX?

Although there are no laws against using a VPN in the US, hiding your true location while using BitMEX is against the terms of service. Therefore, getting discovered using a VPN with BitMEX could get your account banned and your funds liquidated. Therefore, we recommend using one of our five recommended VPNs for BitMEX.

Why is BitMEX banned in the US?

BitMEX is banning US users from using the platforms because the CFTC (Commodities Futures Trading Commission) hasn’t authorized the crypto exchange to operate in the United States.

Will VPN help access BitMEX in the US?

Yes, a reliable VPN service allows you to trade on BitMEX without worrying about getting your real location exposed and your account banned.

What is the best VPN for BitMEX?

The best VPN for BitMEX is NordVPN. It has plenty of servers worldwide, reliable security features, unrivaled privacy, a dedicated IP feature, and the ability to pay for the service anonymously using cryptocurrencies.

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