Bitcoin has gained massive success & popularity since its inception in 2009. The famed crypto currency has seen some great days in its journey to become one of the first unregulated digital currencies. Using a mix of peer-to-peer & encryption technologies, Bitcoin allows users to exchange units called “Bitcoins” to process transactions without regulation from central banks.
The secure & anonymous nature of Bitcoin makes the crypto-currency a leading payment method to buy VPN online. Since the service has no central bank oversight and does not link to a bank account, Bitcoin VPN payments are by far the safest way to trade today. We analyzed and reviewed the 5 best VPN with Bitcoin payments.
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How Does Bitcoin Work?
Bitcoin’s payment system employs a private network (P2P) of computers interconnected by central shared software. Transactions are recorded in what are called ‘blockchains’ which update the Bitcoin network when a transaction is made.
Figure 1 – The Bitcoin Transaction Process
Usually Bitcoin are purchased through official currencies like the US Dollar, Pound Sterling, Euro and others, the Bitcoin digital units are then added to the buyer’s ‘Bitcoin Wallet’. Users can also “MINE” Bitcoins by solving complex mathematical algorithms, allowing them to add digital units to their wallets.
Best VPN Providers That Accept Bitcoin
All leading VPN accept Bitcoin as a mode of payment, allowing netizens a method to keep themselves protected and anonymous. Although you will notice that most providers accept Bitcoin to buy VPN, do consider reading through their privacy policies to ensure that no logs of financial activity are maintained.
The 3 leading VPN services that accept Bitcoin include:
PureVPN is a legend of the industry, a crusader with its history dating back almost a decade. Established in more than 140 countries with servers surpassing the 550 mark, the brand authorizes buying VPN with Bitcoin, in addition to other quick payment but less secure methods.
PureVPN offers a brilliant bundle that includes leading in-house developed apps (Win PC, Mac OSx, iOS & Android), internet kill switch feature, exclusive DDoS protection, P2P & Torrent support, VoIP support, business packages, access to 5 users with one account and much more.
PureVPN also offers a highly demanded 12 months free offer with its 1 year subscription plan, currently active during the provider’s birthday celebrations. To buy PureVPN with Bitcoin, access the provider’s website from the table above.
Surprise package Ivacy VPN is being offered for a killer deal of $1.83/month (with the 1 year subscription) available in over 40 countries, boasting more than 240 servers, apps for Windows and Android, a dedicated plug-in for Kodi Media Player, 24/7/365 support and much more.
To know more or buy Ivacy VPN with Bitcoin simply click on the providers link in the table above. Access our exclusive review and do remember to leave us feedback for improvement.
ExpressVPN is a patriarch of the VPN industry known for its turbo speed servers and state of the art software. Offering more than 45,000 IP addresses and servers in 78 countries ExpressVPN has a unique aura of customer delight.
Top notch desktop & mobile apps for Windows, Android, iOS and Mac (plus brilliant compatibility) make the service a brilliant prospect for beginners and professional users alike. Express provides subscribers with P2P & Torrent support, turbo speed servers, Ticket & Live Chat support and an innovative network infrastructure to ensure no service blackouts.
Access Express VPN’s review from the table above and buy anonymously with Bitcoin today.
Benefits of Subscribing to VPN with Bitcoin
Using Bitcoin to buy VPN is possibly the most secure and anonymous method. Bitcoin adds that extra layer of information security while the entire transaction is powered by cutting edge encryption technologies.
Subscribers who buy VPN with Bitcoin get the following distinct benefits:
The foremost benefit of buying VPN with Bitcoin is the cryptocurrency’s ability to keep identities, personal data and financial data anonymous. Transactions are conducted using merchant ID’s (an alphanumeric ID assigned to Bitcoin users)
Figure 2 – Examples of Bitcoin Merchant IDs
No third party regulations & limitations
Bitcoin can be classed a free world crypto currency, since no central bank, IMF or other financial institution regulates its flow. The currency is hence exempt from various limitations and laws allowing its value to be derived through supply & demand.
No Transaction Costs
One of the most brilliant aspects of Bitcoin is the low or negligible transaction costs attached to the transactions. Since there is no regulatory authority involved, there is almost no cost for anyone to bear. Bitcoin users have to keep their Bitcoin software running and connected to other PCs (nodes), as more Bitcoins are traded it helps share the burden of transaction costs over the entire network.
Unless a user publicly declares their merchant ID, it is impossible to track transactions back to the buying & selling parties. Neither does anyone (within or outside the network) know the balance of any Bitcoin owner, nor does the network display any personal information. In case the identity of a Bitcoin Wallet owner is compromised, the network can quickly assign the merchant a new Wallet.
Unless users publicize their wallet addresses publicly, no one can trace transactions back to them. No one, other than the wallet owners, will know how many Bitcoins they have. Even if the wallet address was publicized, a new wallet address can be easily generated. This greatly increases privacy when compared to traditional currency systems, where third parties potentially have access to personal financial data.
In a Nutshell
Bitcoin is a leading anonymous payment provider with the added encryption features securing all transactions on its network. Privacy conscious users today consider buying VPN with Bitcoin given its anonymous nature. Even best VPN services accept Bitcoin as a leading payment method to ensure subscribers get a delightful experience with peace of mind.
Hope you enjoyed our best Bitcoin VPN for 2016 rankings and reviews. Leave us your precious feedback and comments for improvement and if you liked the post feel free share.