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Get a Free Test Proxy in 3 Simple Steps

  1. Register on our website.
  2. Contact our technical support team via the ticket system, stating your test proxy request and usage purpose.
  3. Receive a 60-minute test proxy with 70 diverse IP addresses from multiple countries to fulfill your testing needs.

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What Is Bitcoin and Why Does It Need Proxies?

Bitcoin is more popular than ever, and its fame is even reaching the Bank of Singapore. This bank is considering replacing gold as its store of value with the 12-year old cryptocurrency. Despite this, it is not accepted everywhere. For example, the head of the Bank of England has warned users about its high volatility, making him nervous.

In spite of this, many businesses and companies accept Bitcoin and other cryptocurrencies as payment. This number continues to grow with platforms like Bitlocus offering crypto support. So, what exactly is Bitcoin? It is a type of virtual currency, intangible and able to purchase services and products like FIAT money. Bitcoin is stored in digital wallets, hosted online, and each transaction is recorded on a public blockchain to protect users from fraud.

Why Do You Need Proxies for Bitcoin?

Proxy services provide a variety of benefits for Bitcoin users. By protecting your identity and location, a proxy server can help you trade Bitcoin anonymously and securely. Additionally, it can be used to bypass geo-restrictions in countries that have banned Bitcoin, allowing you to trade despite the restriction. Lastly, proxy servers can help you remain anonymous while mining Bitcoin, enabling you to take part in the mining process without having to reveal your identity.

Best Bitcoin Proxies

Finding the right proxy for your Bitcoin needs depends on your purpose. Whether you want to trade Bitcoin anonymously, access blocked areas, or mine new Bitcoin, a proxy can help. Datacenter proxies are great for Bitcoin mining since they are fast and sourced from cloud servers worldwide. Residential proxies are ideal for trading, as they come from genuine devices with real IP addresses, making them indistinguishable from regular users.

If you’re looking for a reliable proxy provider, look no further than ProxyCompass. Our team has the expertise to provide you with the perfect proxy for your needs, regardless of the intended use and scale. Get in touch with us today and let us help you find the right proxy for your Bitcoin needs!


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Alice Mitchell

Accessing restricted content was a constant struggle until I found ProxyCompass. Their datacenter proxies have allowed me to bypass geographical restrictions and explore the internet freely. It’s like unlocking a treasure trove of information. Highly recommended!

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Brand protection is of utmost importance to me, and ProxyCompass has been a reliable partner in this regard. Their datacenter proxies help me monitor online mentions, track unauthorized use of my brand, and safeguard my reputation. Thank you, ProxyCompass, for keeping my brand safe!

Oliver Johnson

Frequently Asked Questions (FAQs) About Bitcoin Proxies

Bitcoin is a digital currency that is stored in virtual wallets. Each user has a personal wallet to send and receive Bitcoin. Additionally, all Bitcoin transactions are recorded publicly on the blockchain, providing transparency.

Proxy services designed for Bitcoin transactions provide complete anonymity. They mask your real IP address and location, making it impossible to trace your digital activity.

When trading or mining Bitcoin, both residential and datacenter proxies can be used. By using these proxies, your IP address is replaced with the address of the proxy, providing you with a form of anonymity.