PROXYMA Blog

Proxy servers for crypto abuse: how to choose and what are the differences?

Cryptocurrency is no longer something new and incomprehensible to people. It is gradually taking its place in the financial and economic systems of countries. In some places, it is fully legalized, while in others, the legalization process is just beginning. But the fact remains that it has become commonplace for users. Due to its popularity and accessibility, people try to profit from new coins, catch listings, and abuse it.

What does crypto abuse mean and why do people use proxies? Today, the Proxyma team will explain everything about this phenomenon.

What is cryptocurrency abuse?

Abuse is the repeated extraction of profit from a project. This can apply to both games and cryptocurrency. We’re not interested in games, but we are interested in cryptocurrency.

How is cryptocurrency abused? Through airdrops.

A cryptocurrency airdrop is a free process of distributing coins, tokens, and NFTs. Airdrops are typically used by startups in the blockchain industry. They are a good way to stimulate trade, raise awareness of a new cryptocurrency, and expand its community.

Wallet owners can receive these tokens automatically or after performing certain actions: registration, participation in social networks, or inviting new users to the platform.

Crypto-games, or “tapaloks,” are gaining popularity. They encourage users to be active, earn rankings, level up their characters, and complete quests. While the project is developing, the development team is implementing a roadmap. During the airdrop, users will receive coins or other rewards that they can sell. The more successful the project, the higher the starting price for the tokens received during the airdrop.

Who uses proxies to abuse crypto?

Now that we’ve covered the terms and principles of profiting from crypto and airdrops, let’s move on to who uses them and why.

A company is launching its own crypto project. They enter the market offering users a new game. This trend will gain momentum, especially because Telegram has launched many interesting crypto games linked to TON, and the messenger itself now offers a crypto wallet. The project is gaining momentum and popularity. A user joins the project and begins participating using their Telegram account. Some time passes, and an airdrop occurs. The user receives 100 coins or NFTs from the project. The listing period begins, and each coin costs, say, 2 USD. The user receives 200 USD after the asset sale (100 tokens/coins/NFTs at 2 USD each).

On the one hand, it’s nice. But on the other, imagine if a user had 5 accounts. What if there were 100 accounts? Yes, the numbers would be completely different. After all, if each of the 100 accounts earned $200 in profit after selling their activity, the total would be $20,000. This type of multi-accounting is what a proxy is used for. The main purpose of using proxies for cryptocurrency abuse is multi-accounting.

How to choose the right proxies for crypto abuse?

When choosing a proxy, you need to pay attention to the following indicators:

1. Proxy server type.
2. Speed ​​of work.
3. Traffic volume.
4. Server region.

But that’s not all. We’ve written before that the key task for users during a cryptocurrency abuse is multi-account management. This means they need to quickly, easily, and effectively manage 5, 10, or even 20 accounts simultaneously. In this situation, you need not only a proxy but also an anti-detection browser.

If you don’t know or haven’t heard of what an anti-detect browser is, we have a solution. We offer a list of the best anti-detect browsers on the market and a complete guide on using them with proxies from the Proxyma team:

1. Linken Sphere.
2. Dolphin {anty}.
3. AdsPower.
4. MuLogin.
5. ClonBrowser.
6. XLogin.
7. VMLogin.
8. Accvod.
9. ixBrowser.
10. IDENTORY.
11. MoreLogin.

Which proxies should you choose for crypto abuse? Here are some of the best options.

1. Residential proxies. These proxies provide IP addresses that are actually associated with physical devices. This makes them less suspicious to services and more difficult for security systems to detect. This aspect is important when working with platforms that actively combat multi-accounting.
2. Rotating proxies. Rotating proxies automatically change IP addresses at regular intervals. This makes it much more difficult to track a specific user’s activity.
3. SOCKS5 proxy. The SOCKS5 protocol supports both TCP and UDP, ensuring high speed and secure data transfer. This is important for cryptocurrency transactions, which require fast and reliable data transfer.
4. Dedicated proxies. Dedicated proxies provide exclusive IP addresses used by only one client. This ensures a stable and predictable connection, minimizing the risk of blocking due to “bad neighboring” IP addresses.

If you’re unsure or need advice, you can always contact our support team. Our operators will quickly answer all your questions and help you choose the right package.

Why choose a proxy from Proxima?

If you’re still unsure where to buy proxies for crypto abuse, our team is always ready to help. Choose proxy servers from Proxyma. Why trust us?

1. Active support service that works 24 hours a day.
2. IP addresses are assigned automatically.
3. We guarantee a refund within 24 hours if there are any server issues.
4. Huge selection of proxies.
5. We offer servers all over the world: from Asia to America.
6. An impressive pool of countries – more than 210.
7. The lowest prices on the market: residential proxies from 1.7 USD per 1 gigabyte.
8. Guarantee of protection and security of user data.

FAQ. Answers to frequently asked questions