Numerous websites have sprouted all over the internet providing comprehensive and honest reviews of various products and services. For potential customers, such reviews are actually useful in determining whether a product is of top quality or not. One of the biggest industries in the internet today is VPN services.
Many websites out there provide insights on which VPNs are good and which ones are mediocre and complete rubbish. VPN providers promise one thing which is to provide a platform for anonymizing internet habits and keeping connections as secure as possible. Many VPNs’ logging and privacy policy, however, contradict the real purpose of using a VPN.
The common problem with VPN services is their logging policy. If a VPN log certain personal and sensitive information, then there would be a trace of the users’ cyber footprints which could ultimately be used against them by their own ISP, government and even hackers.
Unfortunately, user personal data are still being recorded to process orders when subscribing to a premium VPN service. If such kind of personal information falls into the wrong hands, then the users’ financial accounts would likely be compromised.
But no worries. There is a way to pay for something without revealing your true identity or disclosing your payment details. There is a growing trend of using virtual currencies to pay for purchases online. A lot of VPN providers have already adapted virtual currencies to process VPN orders. A lot of Casinos did the same thing.
Bitcoin is the most popular cryptocurrency today. Many VPN providers now accept Bitcoins as payment for a VPN subscription. What’s great about Bitcoins and other cryptocurrencies is that they facilitate safe and anonymous shopping habits. With Bitcoins, you don’t have to provide your personal information anymore as oppose to when you use your credit card.
When purchasing a VPN plan, consider subscribing to a VPN service provider that is accepting the popular cryptocurrency to make sure that there won’t be any trace back to your personal financial accounts. If you haven’t bought yourself some Bitcoins, here are quick tips to know how you can get your hands of Bitcoins.
Purchasing Bitcoins on the internet
Thanks to the growing demand for Bitcoins, it is now a lot easier to purchase some Bitcoins today. There are several online platforms that will help you find a willing Bitcoin seller. You can find several exchange platforms catered for trading Bitcoins online too. Before purchasing Bitcoins online though, there are precautionary measures that you must consider so as not to get scammed or anything like that.
First of all, you must only purchase Bitcoins from a reliable and trusted exchange platform. Here are a few Bitcoin exchanges that actually provide safe and convenient Bitcoin trading experiences.
CoinBase
Established in 2012, CoinBase is arguably the best Bitcoin exchange platform in the world today. CoinBase was also the first ever legally regulated Bitcoin exchange platform in the United States. CoinBase supports 19 countries across the world.
Using your credit card to buy Bitcoins
You can purchase Bitcoins at CoinBase using your credit card. However, note that only selected credit card transactions are accepted. CoinBase will only accept credit card payments from the US, Canada, Singapore and some European countries. Upon linking your bank account with your CoinBase account, you can then purchase any amount of Bitcoins as you desire. CoinBase will be charged a fee equivalent to 1% of the transaction amount.
Can I use PayPal to purchase Bitcoins?
Unfortunately, CoinBase does not support PayPal payment transactions at the moment.
How about bank transfer?
CoinBase also support payments made via bank fund transfer. Depending on your bank’s policies, it could take up to3 business days for your funds to become available on your CoinBase account.
Bitstamp
Established in 2011 in the United Kingdom, Bitstamp is considered as one of the best Bitcoin exchange platforms in the industry. The top-rated Bitcoin exchange platform was originally launched in Slovenia. However, as the company progressed it was also able to establish more offices around the world particularly in the US and in Luxembourg.
Bitstamp supports various payment processors like bank transfer and SEPA. It will take about 2 to 5 business days to see funds credited to your Bitstamp account.
Visit Bitstamp.
Bitfinex
This Hong Kong-based Bitcoin trading platform was only established in 2013. Bitfinex is managed and run by a British Virgin Island company called iFinex Inc. The Bitcoin exchange platform states that it is now planning to transition into a fully licensed model to provide better and more reliable trading platform for buying and selling Bitcoins.
You can buy Bitcoins at Bitfinex using bank fund transfer with a service fee of 0.1%.
Kraken
Another top-notch Bitcoin exchange platform is Kraken which was established in 2011 and it is currently based out in San Francisco, California. Kraken is also the very first Bitcoin exchange platform to be featured on the Bloomberg Terminal. You may deposit using the following payment options available:
- EUR SEPA, FREE for users in EEA countries only
- EUR bank wire transfer with a service charge of £5
- USD SEPA and SWIFT Deposit with a service charge of 0.19% or £20 whichever is higher
- GBP SEPA and SWIFT Deposit with a service charge of 0.19% or £10 whichever is higher
- JPY bank deposit is free of charge
- CAD Interac deposit with a service charge of 1% or $10 CAD whichever is higher
- CAD EFT deposit with a service charge of 1% or $10 CAD whichever is higher
OKCoin
OKCoin was established in 2013 and it is now considered as one of the most trusted Bitcoin exchange platforms in the market today. OKCoin is among the largest BTC/USD exchanges by volume. This exchange platform is based out in Beijing, China. Unfortunately there is only one payment processor that OKCoin accepts and that is PerfectMoney.
Mine your Bitcoins
Using cash to buy Bitcoins
If you want to use cash in buying Bitcoins, then you’ll need to find a local seller that is willing to sell his Bitcoins to you for cold cash. The main advantage of using cash to buy Bitcoins is that transactions can be fast and instantaneous. The only problem with this method is that it’s going to be difficult to find a seller that lives nearby.
However, using cash for Bitcoins is the better method because it eliminates the need for any credit card or bank transactions which would require you to disclose your personal information. In other words, if you want to have an anonymous transaction, then better find a local seller and use actual money to pay for those Bitcoins. Visit LocalBitcoins and check if there are any local Bitcoin sellers in your area.
How to purchase a VPN plan using your Bitcoins?
Take note that not all VPN service providers accept Bitcoins to process VPN orders or subscriptions. Gladly, most of these VPNs accepting Bitcoins are considered by many VPN users and experts the best ones in the market. You can check out ExpressVPN, Private Internet Access and IPVanish to learn how you can pay for a top-notch VPN service using Bitcoin funds.
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To ultimately hide your internet activities including your online purchases, we highly advise that you purchase a trusted VPN service using Bitcoins.