How to Use Binance in Australia
Using a Virtual Private Network (VPN) is a versatile approach to accessing Binance while traveling abroad, as well as adding multiple modern security features to your crypto trading. A VPN switches your IP address to the server’s IP where you can easily access Binance without restrictions. By doing so, you will go anonymous with end-to-end encryption of your private data.
Keep reading to learn how to use Binance in Australia in 2024.
How to Use Binance in Australia via VPN [Quick Steps]
Ready to access Binance in Australia? Follow the simple steps mentioned below:
- Subscribe to Ivacy VPN (currently available at 89% OFF).
- Download and install the app on your device or browser of PC.
- Log in with your credentials.
- Connect to a server, like Germany or France where Binance is available.
- Start using Binance in Australia hassle-free!
Why is Binance Inaccessible in Australia?
In Australia, crypto exchanges like Binance must be registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC) to legally offer digital asset exchange services.
The financial regulator of Australia canceled the local financial services license of Binance. According to them, Binance had falsely classified hundreds of retail customers as wholesale investors.
Why Do You Need a VPN for Crypto Trading in Australia?
Due to cryptocurrency’s unstable and unregulated nature, they are not backed by regulatory or government entities. Chances are also possible that users may get hacked or lose their entire funds, which is why a reliable and hi-tech VPN is recommended here. A VPN ensures that all types of your crypto trading and online activities remain anonymous so you can trade in huge amounts without being virtually mugged by cyber intruders.
Admittedly, crypto trading is prone to security risks like many other social platforms nowadays. You could expect more threats if you are dealing with financial services such as Binance which detects a lot of ambiguities such as:
Fake Crypto Exchanges
Fake crypto exchanges available online mimic the top cryptocurrency platforms and disguise users to perform the trade in them.
Offline Wallets
Offline wallets are the main reason why digital currency exchanges are prone to getting hacked, this means offline wallets often turn out to be vulnerable.
Initial Coin Offering (ICO)
Initial coin offerings is a popular method to raise funds for products and services commonly related to cryptocurrency. Crypto bubble has given rise to thousands of ICOs from multiple regions of the world. Most of these ICOs are legit while some are completely fake and fraudulent.
Phishing Attacks
Phishing attacks come to you as impersonators of trusted personalities and trick you into providing them with your personal information. Phishing/Vishing are exceedingly becoming common in 2024.
Cryptojacking
Cryptojacking means the user’s device gets hacked and used as a CPU to mine Bitcoin which requires extreme types of resources and slows down the victim’s device. You have to make sure that anti-virus is running in the background to detect these sorts of threats.
Ivacy VPN – The Best VPN to Use Binance in Australia
If you are looking for the best Binance VPN in 2024, Ivacy VPN is truly an affordable and futuristic VPN to keep your crypto trading private. Let’s see what you will get with it:
Advanced Encryption
Ivacy VPN offers 256-bit encryption which is the latest technology to secure all your traffic. You can now do high-to-low crypto transactions and keep them hidden from cyber intruders.
Leak Protection
Ivacy VPN single-handedly prevents your IP address from leaking while you are trading on Binance, with its WebRTC, DNS, and IPv6 leak protection feature.
No-Logs Policy
No Log policy dictates that any type of user data will not be saved even at the VPN’s server.
Internet Kill Switch
Fail-safe feature of Ivacy VPN! Prevent you from getting exposed if your VPN connection drops due to any reason.
Extensive Server Networks
Virtually trading with Ivacy VPN is so feasible that you can get unlimited access to 5,700 servers from 100+ locations.
24/7 Customer Support
In case you bump into any issue while using Ivacy VPN, their 24/7 available customer support team will resolve this via chat or email promptly.
Frequently Asked Questions
Is Binance legal in Australia?
No, Binance was banned by the Australian Government in 2021 from offering crypto futures and options in their market.
Is it legal to use a VPN with Binance?
Yes, using a VPN with Binance means you are adding extra security features while trading in cryptos. Attempting to connect to the servers where Binance is inaccessible could result in an account ban as per Binance’s Terms of Use. To make it right, choose a reliable VPN and connect to the server of the country where Binance is available.
Can I use a free VPN with Binance?
Using Binance with a free VPN is not recommended because it is associated with high risks. First of all, a free VPN will take forever to establish a connection so you can bypass regional limitations and access Binance in Australia. Then comes the bandwidth throttling issue which may deliver you poor internet speed and also provide mild security features, enough to jeopardize your privacy if you perform daily crypto trading.
Conclusion
Binance offers the simplest and easiest user interface for crypto trading. However, if you live in Australia, you will not be able to access its full version. This demands a quick solution and VPN is the only solution to bypass the geo-blocks and trading with peak security.
While there are so many VPNs to choose from, our best bet is to go for Ivacy VPN which is tightly packed with advanced features and available with affordable packages. All these features will equip you to use Binance in Australia and enjoy minor to major crypto transactions without getting noticed by suspicious entities.
You can also try Ivacy VPN with our 30-day money-back guarantee!