5 Best VPNs for Phemex in 2024

Phemex is a rising crypto exchange service that allows trading with 250+ assets. However, it is partially restricted in the USA, and residents can only use their services to purchase or sell crypto via wire transfer. Spot and contract trading is prohibited. Phemex is completely banned in many countries, while in others, debit and credit cards are not allowed for trading. 

And let's not forget that scammers are making a huge profit from hacking users' crypto wallets. By subscribing to a premium VPN, you will be able to access and securely trade on Phemex in the USA. It will strengthen your privacy with encryption and let you bypass all geo-restrictions by providing you with a new IP address.

This guide will provide an overview of the best 5 VPNs for Phemex. We'll teach you how to use this crypto exchange from anywhere with a VPN. We’ll also explain why you need a VPN, why the trading service is restricted in the US, and much more.

Best VPNs for Phemex - Our Shortlist

1. NordVPN – Our #1-Rated Best VPN for Phemex in the US
2. Surfshark – VPN for Crypto with Unlimited Connections
3. ExpressVPN – VPN for Phemex with Robust Security and Privacy
4. CyberGhost VPN – Crypto VPN with Wide Device Compatibility
5. Private Internet Access – Budget VPN for Advanced Customization

How to Use Phemex in the USA with a VPN 

To use Phemex in the USA with a VPN, you first must subscribe to a VPN that has servers in countries where the crypto exchange is completely accessible. Follow these simple steps:

1. Sign up for a VPN that can unblock Phemex (we recommend NordVPN).
2. Download and install the VPN service on your device.
3. Open your VPN app and log in to your account.
4. Connect to a server in a region with full access to the crypto platform.
5. Register or log in to your trading account and complete KYC if needed.
6. That’s it! Now, you can securely trade crypto with Phemex from the US.
   

Phemex doesn't require that you complete Know Your Customer (KYC) verification for some of its services. But it is necessary if you want to buy and sell crypto via wire transfer, make fiat deposits, unlock promotions, or access extra features. To complete KYC, you will need a valid government-issued ID from the country you connect to a server in to access the crypto platform.

The Best VPNs for Phemex in 2024 

To determine the top VPN for Phemex, we relied on the criteria we created for our article on the best VPNs for crypto trading. Most importantly, you will want a service that can reliably unblock Phemex in the US and around the world. Look for a VPN with plenty of servers in countries with full access to the crypto exchange, like France, Sweden, and Spain.

Next, you should pick a no-logs VPN service with airtight encryption. This will ensure that your Phemex wallet and all your transactions remain secure. Moreover, look for obfuscated servers, split tunneling, data leak protection, and a kill switch, as all of these will strengthen your privacy. It should also have advanced VPN protocols that offer consistent performance and high speeds. 

It is important to choose a VPN with multiple simultaneous connections that are available on most platforms for trading crypto, like PCs, tablets, and smartphones. Lastly, a premium crypto VPN will also allow 24/7 access to live chat support and have a reasonable refund policy that lets you test its services.

Based on all these criteria, we present the 5 best Phemex VPNs:

1. NordVPN – Our #1-Rated Best VPN for Phemex in the US

NordVPN is the best VPN for Phemex and has no problems unblocking Phemex from anywhere. It offers over 5,800 servers in 60 countries worldwide, including many supported Phemex locations. There are 230+ servers in France, 60+ in Spain, and 140+ in Sweden.

NordVPN offers obfuscated servers that deliver medium-fast speeds and provide a secure connection for trading. This is due to multiple robust protocols, among which NordLynx is one of the most advanced. However, NordVPN's performance still doesn’t match that of ExpressVPN.

Thanks to its no-logs policy, no data will be stored when exchanging crypto on the website or Phemex app. Plus, split tunneling lets you create a secure tunnel to the platform. Your safety is guaranteed with high-end AES 256 encryption, leak protection, and a solid kill switch, which will cut your Internet in case of a VPN server failure.

NordVPN has an app for almost every platform, including computers, tablets, and smartphones. If you are tech-savvy, you can manually install it on a router to protect unsupported devices. That said, you can only connect up to 6 devices simultaneously, which is a bit disappointing.

If you have any problems or questions, you can contact their responsive live chat support  24/7. Finally, its 30-day refund guarantee lets you back out if you change your mind.   

2. Surfshark – VPN for Crypto with Unlimited Connections

Surfshark lets you easily unblock Phemex from anywhere. It is a budget VPN service with over 3,200 servers in 100 countries. This includes 3 server locations in France, 3 in Spain, and 1 in Sweden, all of which are Phemex-supported countries. 

Surfshark adheres to a no-logs policy, meaning that it operates exclusively on RAM-only servers. Obfuscation is also available, which makes it easy to conceal your VPN traffic. It uses unique Nexus technology to constantly switch your IP and split tunneling for setting up an exclusive 24/7 connection to the crypto exchange. 

This VPN uses AES encryption to stop unwanted parties from accessing your outgoing data. Finally, Surfshark has a kill switch that will exit the app or disable your Wi-Fi in worst-case scenarios to protect your identity.

Surfshark also has advanced protocols that are relatively fast and connect instantly. It comes close in speed to ExpressVPN, and its performance is reliable. It supports many devices, so you can get it on computers, tablets, and smartphones—or manually install the VPN on a router. Although this is a budget service, it lets you create unlimited simultaneous connections.

If you get stuck, you can always turn to their 24/7 live chat support. Lastly, Surfshark offers a 30-day money-back guarantee, letting you test it as much as you want.

3. ExpressVPN – VPN for Phemex with Robust Security and Privacy

ExpressVPN is another VPN for Phemex as it can effectively unblock Phemex from anywhere. It has 3,000+ servers in 100+ countries, which includes regions where this crypto platform is available. In particular, there are 3 server locations in Spain, 5 in France, and 2 in Sweden.

This no-logs VPN has sophisticated security measures, like AES-256 encryption which scrambles your outgoing data. There's also split tunneling, so you can create an exclusive tunnel for trading 24/7. It has many leak protection features and a kill switch that will stop your Internet connection before your data gets compromised if the VPN has an issue.

It also provides obfuscation that automatically turns on when you connect to a server that it’s available on. This will hide all VPN activity from your ISP and the government. ExpressVPN lets you choose between multiple protocols, including IKEv2, OpenVPN, IPsec, and Lightway. It offers consistent performance, instant connection to servers, and very fast speeds.

ExpressVPN works on most modern platforms, like PCs, smartphones, and tablets, and supports manual router installation to cover platforms it doesn’t have native apps for. Furthermore, a single subscription will let you connect up to 8 devices simultaneously. 

Finally, any problems you have can be solved by their 24/7 live chat support. But in case you're not satisfied, you can get a refund thanks to their 30-day money-back guarantee.

4. CyberGhost VPN – Crypto VPN with Wide Device Compatibility

CyberGhost can reliably unblock Phemex for US customers and users located in other restricted regions. There are 9,100+ servers in 90 countries, which includes 778 servers in 3 French locations, 180 in 3 Spanish locations, and 100 in 1 Swedish location. 

This VPN comes with advanced protocols, such as WireGuard, that offer fast connections. Still,  its performance can't be compared to ExpressVPN. CyberGhost also doesn't offer obfuscated servers, which means that your government and ISP will know when you're using it.

When it comes to security, CyberGhost has got you covered. It follows a rigorous no-logs policy which prevents it from storing user data long term. To secure your transactions, it uses AES encryption, a kill switch, and various leak protection tools. This VPN also comes with split tunneling for safe 24/7 trading on this popular crypto exchange.

CyberGhost is available on most devices, such as smartphones, tablets, and computers. It allows manual router installation, too, so you can protect your consoles and other platforms that don't allow VPNs. One subscription lets you make 7 simultaneous connections. 

Its customer service is available 24/7 through live chat, and it is very responsive. Even better, CyberGhost also has a 45-day money-back guarantee, which is the most generous refund policy we have come across. 

5. Private Internet Access – Budget VPN for Advanced Customization

Private Internet Access (PIA) reliably unblocks Phemex for US citizens and anyone else. It has the biggest network that consists of thousands of servers in 84 countries. There are 2 server locations in Spain, and 1 each in France and Sweden. 

You can use PIA in complete privacy thanks to the obfuscation provided by its Shadowsocks proxy. It includes AES encryption, fast protocols, leak protection, and a reliable kill switch that will prevent identity theft. PIA also has split tunneling, letting you securely trade and exchange crypto 24/7.

This is another no-logs service, so your data won't be stored at any point. Its performance is solid; you will get a consistent connection to close and remote locations. However, PIA may also test your patience as it is the slowest service on our list.

PIA has an app for nearly every modern platform, including PCs, tablets, and smartphones, and allows manual router installation. With it, you can set up unlimited simultaneous connections and protect your home network in a matter of minutes.

If you encounter any issues, rest assured that PIA's 24/7 customer support has got your back. In case you realize this VPN is not for you, you can get your money back by appealing to their 30-day refund policy.

Why Do You Need a VPN for Phemex? 

You need a VPN for Phemex to fully access this crypto exchange from countries that are blocked or restricted, like the US. It also has plenty of privacy and security features that will protect you while doing online transactions. 

If you try to register to this crypto platform from any Phemex-restricted countries, you will see this notification: "At this time, Phemex cannot serve customers in your country. If you believe that you have received this notice in error, or you have any questions in regards to the restrictions stated under our Terms of Use, please contact our Live support."

Aside from this, here are additional benefits you will get by using a Phemex VPN:

• Hide Your Browsing Activity – Premium VPN apps will obscure your sensitive data and activities from hackers, government officials, and your ISP. This lets you exchange crypto privately.
• Mask Your IP Address – A VPN will change your IP address, which hides your real location. It also means your online activities can’t be traced back to you.
• Bypass Geo-Blocks – Phemex is partially restricted in the US, so you can’t use most of its features. This is also the case in many other countries. Use a VPN to connect to a server in a country where the crypto exchange is available to get full access.
• Trade on Home Crypto Platforms Abroad – When traveling, you can connect to servers in your home country to continue exchanging crypto on Phemex without any interruptions.
• Protect Your Financial Transactions – With split tunneling and advanced encryption, all your online trades and your Phemex wallet will be totally secure.
• Shield Yourself Against Data Theft – The best VPNs offer a kill switch, as well as leak protection tools, to prevent your sensitive data from being stolen. Its high-end encryption will also scramble all of your outgoing data.
• Bypass Bandwidth Throttling – If your ISP notices that you are using a lot of data, it can intentionally slow down your connection. Premium VPNs hide your data usage, ensuring your connection always remains fast.
• Trade Crypto on Public Wi-Fi – Trading on a public network makes you a potential target of cyberattacks. Using military-grade encryption while trading will protect all your transactions, even on public Wi-Fi. 

Why is Phemex Restricted in the US?

Phemex is partially restricted in the US because some regulatory restrictions make it non-viable. The only thing US residents can do is buy and sell crypto via wire transfer. The spot and contract trading options are not available.

In the past few months, U.S. regulatory bodies started to increase their surveillance of popular crypto platforms. In particular, this includes the Securities and Exchange Commission (SEC), as well as FinCEN and FINRA. 

Unfortunately, the US is not the only place where this platform is restricted. Here is a list of other partially restricted and Phemex-banned countries:

Bermuda	Iraq	Mozambique	Saudi Arabia	Trinidad and Tobago
Canada (Alberta, Ontario, Quebec and Saskatchewan regions)	Kenya	Myanmar	Serbia	Tunisia
China	Kosovo	Namibia	Sevastopol	Turkey
Crimea	Kuwait	Nepal	Sierra Leone	Turkmenistan
Eritrea	Laos	Nicaragua	Singapore	Uganda
Ethiopia	Latvia	Niger	Somalia	Ukraine
Fiji	Lebanon	Nigeria	South Korea	United Arab Emirates
Gabon	Lesotho	North Korea	South Sudan	United Kingdom
Gambia	Liberia	Pakistan	Sri Lanka	Uzbekistan
Ghana	Libya	Palestine	Sudan	Vanuatu
Guatemala	Macedonia	Panama	Suriname	Venezuela
Guinea	Madagascar	Papua New Guinea	Swaziland	Vietnam
Guinea-Bissau	Maldives	Paraguay	Switzerland	Virgin Islands
Haiti	Mali	Philippines	Syria	Yemen
Honduras	Marshall Islands	Qatar	Tajikistan	Zambia
Hong Kong	Mauritania	Republic of Seychelles	Tanzania	Zimbabwe
Iceland	Mexico	Russia	Thailand
Indonesia	Mongolia	Rwanda	Togo
Iran	Montenegro	Sao Tome and Principe	Tonga

Final Thoughts 

Phemex is restricted in the US due to regulations on crypto platforms. In some countries (like the US), it limits users to buying and selling via wire transfer only. It is also completely banned in many other countries worldwide. To unblock this crypto platform, improve your privacy, and secure your transactions, you will have to use a premium VPN service.

We recommend NordVPN as the best VPN for Phemex in the USA and around the world. It has plenty of servers in Phemex-friendly regions so it can easily unblock the crypto exchange. It also offers high-end encryption and obfuscation to protect you while trading. 

That’s all for our article on the best VPNs for unblocking Phemex in the USA. If you still have questions, don't hesitate to leave a comment below. Thank you for reading!