Buy a Proxy With Ethereum (ETH)
Proxies have come a long way since their inception many years ago. Today, their use cases have expanded immensely, with improved security and unrestricted internet access being the most common reasons why businesses and individuals use them.
While these tools offer internet security, how do you secure a proxy purchase? The best way is to use cryptocurrencies as they are anonymous and unmatched if privacy is your biggest concern. This post will help you understand how to purchase proxies with Ethereum (ETH).
Buy Proxy Servers With Ethereum (ETH)
Vitaliuk Buterin and Gavin Wood founded Ethereum in 2015, the second most popular cryptocurrency after Bitcoin. So popular is the digital asset that its total market capitalization represents 17% of the $1.2 billion crypto market.
You should note some stark differences between Ethereum and the original coin, Bitcoin. For instance, it is not just intended as a medium of exchange like Bitcoin. Instead, Ethereum is a fully decentralized computing network standing on blockchain technology.
Ethereum has thousands of applications and games on its network, showing just how popular the crypto has become. The technology is distributed, so everyone on the network holds a digital copy of the ledger.
You can use the native token to Ethereum, Ether, to buy and sell items just like Bitcoin. The additional benefit of this network is that users can build applications running on the network. This gives users more control over their data since no central authority manages the network.
With this in mind, if you wish to use Ethereum to purchase proxies, you need to keep the following factors in mind:
- Be mindful of fluctuations
Cryptocurrencies like Ether tend to be volatile, meaning their value can go up or down depending on the market conditions. Hence, once you deposit funds to your IPRoyal account, you should know that the coins can either appreciate or depreciate.
- Keep your wallet safe
Your digital wallet is similar to your bank account in several ways. Therefore, you need to keep its details private to avoid losing your funds. Preferably, you should back up your wallet to the cloud as a precautionary measure.
- Double-check all information
You should note that we do not refund crypto payments. Therefore, you need to be careful and ensure all the details are correct before making the purchase to avoid any problems in the future.
How to Buy a Proxy Server With Ethereum (ETH)?
Ethereum has attracted global attention due to its numerous advantages. At IPRoyal, we have fully considered this factor and integrated Ethereum (ETH) into our supported payment methods.
With us, you can easily add funds to your IPRoyal account from your Ethereum wallet. The steps outlined below will help you get started.
- Funding your IPRoyal account using Ethereum
The first step to using Ethereum (ETH) to purchase proxies is funding your IPRoyal account. You must navigate the homepage and click the “Client Area” to log into your IPRoyal account. However, if you are a new member, you will first need to create an account by following the “Sign up” link.
Once successfully logged in to your account, you should navigate to the top right corner and click on your email address. A drop-down list will appear from which you should select “Deposit.”
The system will now redirect you to a different page from where you should select “Pay with cryptocurrency” from the payment options displayed. Once done, you should input the exact amount you wish to deposit.
Once you verify everything is correct, you should click the “Deposit” button, which will redirect you to Coingate, our payment gateway. Here, you should select Ethereum from the list of available cryptocurrencies and complete the process.
- Purchasing using deposited Ethereum funds
Once you have successfully funded your IPRoyal account with Ethereum (ETH), you can now use the crypto to purchase your desired proxies. To do so, you must navigate to the dashboard and select your preferred proxy.
You should select the “Create new order” button and specify the bandwidth limit and the proxy type. The system will then redirect you to the payment details page, from where you can see your total IPRoyal balance displayed.
You should ensure your balance suffices your order to avoid potential delays. Once you have verified all this information, you should click on the “Pay ($x.xx)*” button.
*($x.xx) will be your actual purchase price.