Investment cryptocurrency platforms allow you to earn on financial transactions on the Internet. However, investors often have to face restrictions on the purchase of tokens from platforms. The solution to this problem is to use proxy servers. First of all, you need to buy proxy from a good supplier. In this article, we will look at how proxy servers help investors bypass such restrictions, as well as what advantages they provide when working with investment sites.
What is Coinlist and how does it work
Coinlist is a platform that provides investors with the opportunity to participate in token sales, that is, the sale / purchase of tokens at an early stage. Coinlist acts as an intermediary between companies that release their cryptocurrency on the market and potential buyers of this cryptocurrency. The initial price of the token is always lower than the price on the exchange in the future. Therefore, Coinlist is used to buy at a better price with subsequent resale in the secondary market.
Coinlist provides its users with a list of promising tokens that are just entering the market and can grow significantly in value in the future. In 2022, the exchange introduced two lists of tokens, and investors need to choose the token they see as the most promising for the year. Coinlist analysts regularly provide predictions for each token on the list. For example, analysts might expect the value of the PARSIQ token to rise by nearly 12,000%. This attracts thousands of people who want to invest money in pursuit of high profits from the sale of tokens.
The benefits of a proxy for Coinlist
To maximize the possible profit on the Coinlist platform, users can create multiple investor accounts. To buy tokens from different accounts at a low price and sell them for one that can be ten times higher than the initial investment.
An investor needs several accounts to increase the chances of winning in the drawing of tokens between participants. However, the Coinlist platform has a limit of 1 profile per 1 IP address. The company implies that each user will have only one account, and if a person tries to register several accounts from one device, then the security service can freeze all accounts.
To resolve this issue, use a proxy server. They allow users to change their IP address in order to create additional accounts. For example, to change the IP address on the Coinlist platform, you can use a proxy server from Ukraine or any other country, depending on the origin of the account. It is better to choose residential IPv4 proxy versions that are tied to a physical address in the selected country. This will help the account inspire maximum confidence in the platform’s security service and reduce the risk of a ban.
