What is multi-accounting and why is it needed on Coinlist

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In many areas, multi-accounting capabilities are actively used today. It is in demand in working with social networks, for online games, etc. Token sales are not far behind the idea, because some users create 10 or even 1000 accounts on various services.

What is multi-accounting? This is the creation and maintenance of more than one account on any service. Most often, such actions are prohibited by the creators of sites / platforms, and violators may even be blocked. Why, then, are users willing to take conscious risks and violate established rules? Let’s look at the example of the Coinlist service.

Why do you need multi-accounting on Coinlist

Coinlist is a platform on which the initial offer of tokens of new projects (token sales) takes place. This means that investors here have the opportunity to invest in new projects even before they appear on the stock exchanges.

In the case of token sales, the issue is to limit the volume of tokens sold and the minimum purchase threshold. If the number of purchase requests is higher than the number of offers, then the distribution occurs among all applicants at random.

It is logical that most of the tokens can be obtained by the user who owns the largest number of accounts. It is this drive for profit that has led to the emergence of multi-accounting on Coinlist.

Important milestones

The Coinlist service diligently monitors its reputation, trying to avoid stories similar to multi-accounting. For those who decide to take such a step, it is important to take into account 2 main points.

registration

At this stage, the most important thing is not the registration itself, which often takes very little time, but the verification process. Biometrics on Coinlist can be considered a rather complicated and exciting process. To pass it, you need a photo of the user who creates a new account, as well as his identity document.

Thus, if there is a desire to create new accounts, you should also take care of the presence of dummy persons who are ready to register and verify.

To register on the Coins List itself, it is enough to follow a few steps:

1. Go to the site using the link – https://coinlist.co/ and click “Get started” in the upper right corner.
2. Then the service will ask you to enter a number of data (enter the correct information right away, since then verification will follow anyway): first and last name, e-mail, password. Check the entered information and click “Create Account”.
3. After that, be sure to confirm your mail and go to any of the sections (it is not very important which one, since almost any of them will lead to the verification stage).
4. So, in the “Token Sales” tab, you will need to click “Apply for Wallets” or in the “Wallet” tab, click “Verify”.

After that, the user goes to the verification stage, where he will need to indicate his first name, last name and patronymic, in the “type of entity” field, marking “person”, then select the real country of residence, address, as well as date of birth and phone number.

One of the most important points is identity confirmation. For him, you need to photograph a document on the phone or computer camera that confirms the identity of the user (most often it is a passport or driver’s license). To provide biometric data, you must also use a phone or computer camera.

After sending all the requested data and documents, the Coinlist platform takes some time to check the information provided and confirm the verification. Only after successfully passing such a check, the user will have the opportunity to take part in the ICO.

Security

Coinlist checks can lead to profile blocking. Banning 1 or several profiles at once is possible both at the stages of registration and verification, and at the stage of using the account.

There are 2 basic rules that can help to avoid such a nuisance:

• When registering your accounts, use specialized antidetect browsers.
• During operation, each profile must have its own unique IP address.

How to choose a good antidetect?

1. Do not partner with unknown products, even if you are lured by low prices and beautiful descriptions. Antique is the result of hard work, the creation of which takes the effort, time and knowledge of dozens of developers. He is constantly in need of updates due to the actively developing market. An unknown product at a minimal price will in no way be able to provide itself with such a level of development. By saving money, you risk losing all your accounts.
2. Each antic has a trial period for you to test it. Check your purchase using a special service (like https://pixelscan.net/) to make sure that all checkers are green, which means that your profile is no different from any other on the web. You do not need to lose your own vigilance when setting up a profile, but it will not be superfluous to pass such a check.
3. Anti-fraud systems carry out checks on many different indicators, which means that the anti-detection browser you have chosen should have many substitutions: for example, Canvas and WebRTC, WebGL and Client Rects, as well as Time Zone and Language, GEO and Processor, etc. If something is missed, there is a high risk of being banned.
4. It is difficult to come to the bank in a black mask and camouflage and get lost among ordinary customers. So it is with “anti-detection”: it is worth looking like an ordinary user. You don’t need to flirt too much with increased uniqueness so as not to be too noticeable. Prefer an antidetect browser that has real fingerprints. Some antiques, after collecting browser prints of real people, randomly substitute them when forming profiles. This is great and is as protective as possible on Coinlist checks.
5. For the antidetect browser to work correctly, do not skimp on high-quality proxies. We do not recommend saving on this point, otherwise all efforts to select an antidetect will be crossed out.

The above list of requirements seems impressive only at first glance. As one of the best options, you can safely use Dolphin {anty}. It meets the requirements and is easy to use.

There are several important points in questions with proxies:

• be sure to choose private ones so that only you are their sole owner;
• you will need a proxy of the country for which you have registered the Entity (identity) of the account (agree, the discrepancy in this case will be too obvious);
• take care of the monthly proxy renewal. If you change ip too often, the probability of a ban increases;
• don’t forget about checking the quality of the proxy. This can be done on third-party resources like thesafety.us

How much can you get on a token sale using multi-accounting?

The costs for multi-accounting are obvious: register 1, 10 or 100 profiles, pay for a proxy for each of them, replenish wallets using different accounts, select and pay for a high-quality antique … There can be many such nuances.

But how much can you actually win in this situation?

Even if we take x2 and a minimum budget of $ 100 as an example, it is important to understand that after a while the user will have a chance to sell assets on the exchange. We take into account the moment that after the start of sales, assets from Coinlist are listed on large exchanges, as a result of which the value of tokens increases significantly. Actually, the popularity of Coinlist was largely brought about by the fact that all projects that organized the sale of tokens on this site, as a result, brought super-profits to investors who became happy participants in token sales.

In a word, after the sale of tokens, taking into account all commissions, you can become the owner of approximately $ 100 in net profit from 1 account. To calculate the profit from 10 or 100 accounts, a simple multiplication is enough: from 10 accounts you can get about $ 1,000, and from 100 accounts even up to $ 10,000.

If you have a referral program, using multi-accounting, you can also receive additional profit.

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