Studies Show the Proxy Industry Depends on Cryptocurrency Payments

Among the proxy service providers, cryptocurrency payments have already become a necessity that can no longer be ignored.

Businesses serving global, privacy-focused customers are finding that traditional payment rails often fall short. Credit cards get declined, banking systems create friction, and manual accounting slows operations.

Meanwhile, customers increasingly expect to pay with Bitcoin, Litecoin, stablecoins, and other digital currencies.

The result? At leading proxy providers, according to case studies conducted with our merchants, crypto already accounts for 30% to 75% of all payments, which means by now, it’s a primary driver of growth, customer satisfaction, and retention.

Numbers speak for themselves:

IPRoyal sees over 30% of transactions coming through crypto.
PlainProxies handle nearly half of all their customer payments via CoinGate.
ProxyScrape reports that around a third of all purchases are made in digital currencies.
Thunderproxy turned crypto into its dominant payment method within months, reaching ~75% of transactions.
Ping Proxies boosted crypto sales by 270% after switching providers, with 26.4% of customers paying in crypto and monthly recurring revenue climbing by over 150%.

Across these businesses, the story is consistent: crypto brings in new customers, unlocks global reach, reduces failed payments, and simplifies back-office work when managed through CoinGate.

This case study brings together the experiences of five major proxy companies — PlainProxies, Thunderproxy, Ping Proxies, ProxyScrape, and IPRoyal — to show why crypto payments have become the gold standard in this industry. We’ll highlight the problems they faced, what solutions they found, the measurable results they achieved, and what it all means.

For proxy companies still relying solely on cards or PayPal, the message is clear: without crypto, you’re unnecessarily leaving sales on the table.

Thinking it’s about time to have a crypto payment solution in your business? Take the first step and sign up for a CoinGate account.

Why Proxies and Crypto Are a Perfect Together

The proxy industry serves a global, digital-first customer base. Users span every region, from the United States and Europe to Asia, Africa, and beyond. Many buy proxies for online privacy, anonymity, or large-scale data collection — all activities where traditional payment systems often feel out of place.

That’s why crypto payments fit this industry so well:

Borderless reach. Customers can pay from anywhere without worrying about whether their card or bank will process the transaction. As one ProxyScrape founder explained, crypto removes barriers for buyers worldwide and gives them confidence in the purchase.
Privacy alignment. Just as proxies provide anonymity online, crypto allows customers to pay without exposing sensitive banking details. The two products reinforce each other.
Customer expectations. In this niche, crypto is seen as a default option. Several merchants noted that customers were explicitly asking for Bitcoin, stablecoins, or Litecoin before they even offered it. Thunderproxy emphasized that without crypto at checkout, proxy providers risk looking outdated or untrustworthy.
Operational efficiency. Crypto not only brings in more sales but also solves practical headaches like failed card payments, chargebacks, and regional restrictions.

For proxies, crypto payments directly match the industry’s customer profile, values, and growth ambitions. That’s why adoption rates are so much higher here than in most other online sectors.

Proof from the Leaders: How Proxy Merchants Win with CoinGate

Crypto Payments in the Proxy Industry — At a Glance

Merchant	Crypto Share of Payments	Top Coins (share %)	Key Results	Highlight
IPRoyal	30%+	USDT: 55.2%LTC: 14.7% USDC: 8.9%	Met global customer demand; crypto became a core channel	“Over 30% of our transactions are now crypto payments. For many of our customers, paying with digital currencies is simply easier and more convenient.”
ProxyScrape	~33%	USDT 36.1%, LTC 27.6%, BTC 16.5%	Predictable cash flow via fiat payouts; integration <1 day	“Cryptocurrency enables us to accept payments from users around the world without the limitations of traditional financial systems.”
PlainProxies	45–50%	LTC 36.5%, USDT 11.5%, USDC 10.4%	Saved ~10 hrs/month on accounting; compliance-ready	“Switching to CoinGate completely changed that. With fiat settlements, we no longer worry about market volatility…”
Ping Proxies	26.4% (sales in crypto +270%)	LTC 23.5%, USDC 18.4%, USDT 15.3%, BTC 14.5%, TRX 12.9%	270% crypto sales growth; MRR up 150%+; fewer failed payments	“Since the switch, we’re processing 3X the cryptocurrency transactions than we previously did.”
Thunderproxy	~75%	LTC 26.1%, TRX 19.5%, ETH 15.7%, USDT 14.2%, BTC 8.6%, USDC 7.2%	Crypto became dominant method; higher recurring purchases	“In the first few months, crypto already made up about 75% of our total transactions.”

IPRoyal — Meeting Customer Demand Head-On

IPRoyal’s customers — often privacy-conscious and globally distributed — were already asking to pay with crypto. The company initially handled a few assets on its own but quickly ran into limits. Expanding to dozens of coins would have created major technical and operational overhead.

Through CoinGate, IPRoyal gained instant access to a wide list of cryptocurrencies on multiple networks without managing each one individually. This allowed them to satisfy customer demand while keeping operations lean.

As a result, crypto rapidly became a significant payment rail.

“Over 30% of our transactions are now crypto payments. For many of our customers, paying with digital currencies is simply easier and more convenient.” — Karolis Toleikis, CEO of IPRoyal

Read the full IPRoyal case study.

ProxyScrape — Removing Borders and Building Predictability

ProxyScrape needed a payment system that matched its global audience. Many of its customers were based in regions where card payments were unreliable, and banking restrictions made international expansion harder.

The team chose CoinGate for its instant fiat conversion and weekly bank withdrawals, which turned unpredictable crypto inflows into a manageable, cash-flow-friendly process.

Since then, around one-third of ProxyScrape’s customers now pay in crypto. In addition, crypto transactions no longer feel like “extra revenue” but part of the core business.

“Cryptocurrency enables us to accept payments from users around the world without the limitations of traditional financial systems. It offers convenience, privacy, and a borderless nature that aligns with our global customer base.” — Thibeau Maerevoet, Founder of ProxyScrape

Read the full ProxyScrape case study.

PlainProxies — From Accounting Chaos to Streamlined Operations

PlainProxies first tried Coinbase Commerce to handle crypto. But the setup quickly turned into a nightmare for their accounting team. Every single crypto transaction had to be manually tracked, with fluctuating exchange rates making bookkeeping extremely time-consuming and error-prone.

The company eventually switched to CoinGate to simplify its back-office flow. With automatic fiat settlement and exportable CSV reports, CoinGate eliminated the manual overhead and gave the team clean records for accounting and compliance.

Now, nearly half of all customer payments (45–50%) are now processed through CoinGate in crypto. Also, the company saves around 10 hours per month in accounting time and compliance is easier to manage, especially in Germany, where strict tax and financial rules apply.

“Switching to CoinGate completely changed that. With fiat settlements, we no longer worry about market volatility, and our accounting team saves around 10 hours every month.” — Friedrich Kräft, CEO of PlainProxies

Read the full PlainProxies case study.

Ping Proxies — From Failed Payments to Explosive Growth

Before CoinGate, Ping Proxies relied on another processor (BitPay). The result was frustrating: failed transactions, frequent customer complaints, and very limited cryptocurrency options. Instead of helping the business grow, crypto payments were dragging the experience down.

Ping Proxies switched to CoinGate to give customers a frictionless checkout and the flexibility to pay with many different coins. The hosted checkout page and well-documented API made integration straightforward, while automatic USD withdrawals and detailed reporting solved operational headaches.

As a result, 26.4% of all Ping Proxies’ customers now pay in crypto, while crypto sales grew by 270% after switching. Also, monthly recurring revenue increased by more than 150%, thanks to offering flexible payment options that customers trust.

“With BitPay, we constantly had issues — payments failed, customers were unhappy. With CoinGate, everything just works. Integration was easy, and crypto sales exploded.” — Timur Gok, CEO of Ping Proxies

Read the full Ping Proxies case study.

Thunderproxy — Crypto as the Default Payment Rail

Thunderproxy’s international customers often ran into card declines and banking friction. For a company serving clients in dozens of countries, relying solely on traditional payments meant lost sales and frustrated users.

The team needed a solution that combined broad cryptocurrency support with automatic EUR conversion and easy reporting. CoinGate delivered exactly that, giving Thunderproxy both customer reach and operational simplicity.

Within just a few months, crypto climbed to ~75% of all transactions. The company could easily track inflows and manage payouts in EUR, eliminating back-office complexity. Customers paying with crypto were more likely to make recurring purchases, boosting loyalty.

“Crypto quickly became the majority of our payments. Our customers expect it, and with CoinGate we can accept many different coins while keeping our own accounting simple.” — Domas R., CEO of Thunderproxy

Read the full Thunderproxy case study.

What Customers Actually Pay With

Taken together, these five case studies show a clear pattern: once crypto payments are offered, customers use them heavily. But which coins dominate? Looking across some of these merchants, a few stand out.

Litecoin (LTC) consistently leads. At PlainProxies, it makes up 36.5% of all crypto sales; at Thunderproxy, 26.1%; and at Ping Proxies, 23.5%. Merchants say speed and low fees make LTC a favorite for repeat buyers.
Stablecoins (USDT and USDC) matter for predictability. ProxyScrape sees USDT at 36.1%, PlainProxies report USDT 11.5% and USDC 10.4%, and Ping Proxies show USDC 18.4% and USDT 15.3%. Many businesses note that stablecoins are popular with customers who want price stability and easy accounting.
Bitcoin is still relevant, but not dominant. While BTC is widely recognized, day-to-day proxy purchases often shift toward faster, lower-fee options. At Thunderproxy, for example, BTC accounts for just 8.6% of transactions.
TRON (TRX) and other assets have regional pull. Thunderproxy sees nearly 20% of payments in TRX, reflecting demand in markets where TRON is widely adopted.

It’s clear that crypto payments in the proxy industry aren’t carried by one or two coins. Customers expect choice — from fast and cheap options like Litecoin, to stablecoins for predictable value, to network-specific assets like TRX. See more cryptocurrencies that businesses should accept in 2025.

Common Hurdles and How CoinGate Solves Them

For proxy providers, adding crypto payments sounds attractive — until they think about the messy parts. Volatility, accounting, failed transactions, global regulation… These are the hurdles that make many businesses hesitate.

But as the experiences of PlainProxies, ProxyScrape, Ping Proxies, and Thunderproxy show, CoinGate has already solved them:

Accounting & volatility. With instant fiat settlement and exportable reports, companies like PlainProxies turned what used to be a bookkeeping nightmare into a time-saver.

“Detailed CSV exports give us a clean, standardized record of all transactions, which we can feed directly into our accounting system. What used to take up to 10 extra hours of tedious manual work each month is now fully automated and accurate. For us, it’s not just a payment gateway but also a bookkeeping lifesaver..” — Friedrich Kräft, CEO of PlainProxies
Checkout UX & reliability. Failed payments and angry customers were common before Ping Proxies switched from BitPay. With CoinGate’s hosted checkout, payments became reliable, fast, and smooth.

“Since the switch, we’re processing 3X the cryptocurrency transactions than we previously did.” — Timur Gok, CEO of Ping Proxies
Global acceptance. Proxy merchants often serve customers in regions where cards fail. Crypto bypasses these hurdles. As ProxyScrape’s founder noted, it opens doors worldwide while still providing predictable fiat payouts.
Developer time. Documentation, APIs, and webhooks are designed for quick integration. Ping Proxies and Thunderproxy both emphasized how fast it was to go live.
Operational flow. Businesses don’t need to manage dozens of wallets. Instead, they choose their settlement currency (EUR or USD), automate withdrawals, and keep reconciliation simple.

CoinGate is an easy way to turn crypto from a risk into a growth driver, one that scales without adding complexity. To start, create an account with CoinGate.

How Proxy Merchants Can Launch Crypto Payments in a Week

One of the lessons from PlainProxies, Thunderproxy, Ping Proxies, ProxyScrape, and IPRoyal is that getting started doesn’t take months of development. With CoinGate, proxy merchants can go live in days — sometimes in a single afternoon.

Here’s a simple playbook based on their experiences:

Map your pricing plans. Decide which subscription tiers or proxy bundles will be linked to invoices and payouts.
Pick your settlement currency. Most proxy providers choose EUR or USD to keep finances predictable and easy to reconcile.
Enable the top coins. At minimum: BTC, LTC, ETH, USDC, TRX. Together, these cover over 80% of actual payments seen across case studies.
Integrate checkout. Use CoinGate’s payment processing solutions, such as plugins or billing, or set up via the API + webhooks.
Automate payouts and reporting. Turn on auto-conversion to your chosen currency, schedule withdrawals, and download CSV reports and statements for accounting.
Show it off. Add crypto badges to your site, mention it in your pricing page, publish a short blog post, and get listed in directories like Cryptwerk or CoinGate’s merchant directory.
Stay secure. Enjoy anti-abuse tools and automated KYC provided by CoinGate to reduce fraud and build customer trust.

Crypto doesn’t require heavy lifting or ongoing management. Once integrated, it runs in the background, serving customers and delivering revenue without extra effort.

What Results to Expect

The experiences of IPRoyal, ProxyScrape, PlainProxies, Ping Proxies, and Thunderproxy make it clear: once crypto is live, adoption grows fast — and it sticks. Here are the benchmarks proxy merchants can expect:

Adoption rates between 26% and 75%. Even on the lower end, more than a quarter of customers prefer to pay in crypto (Ping Proxies, IPRoyal). At the higher end, it can quickly become the majority of transactions (Thunderproxy).
Revenue lift. Ping Proxies saw a 270% increase in crypto sales after switching to CoinGate, contributing to a 150%+ boost in monthly recurring revenue. For other merchants, crypto has consistently unlocked new customers in regions where cards fail.
Operational efficiency. PlainProxies reported saving ~10 hours per month on accounting after leaving Coinbase Commerce for CoinGate. Others highlighted clean reporting and seamless payouts as key enablers for growth.
Customer satisfaction. Failed payments and checkout complaints dropped sharply after CoinGate integration (Ping Proxies), while Thunderproxy and ProxyScrape saw recurring purchases rise as crypto-friendly customers came back again and again.

Adding crypto payment options is all about driving more sales, reducing friction, and freeing up internal resources — results you can measure within weeks.

Objections & Answers

Even with success stories everywhere, some proxy providers hesitate to adopt crypto. Here are the most common concerns — and how CoinGate addresses them.

What about volatility and accounting complexity?

With CoinGate, you don’t need to manage wallets or track prices. Payments can be instantly converted into EUR or USD, and you get detailed CSV exports for bookkeeping. PlainProxies went from a “bookkeeping nightmare” with Coinbase Commerce to saving 10 hours a month after switching.

Will crypto attract fraud or abuse?

Ping Proxies shows the answer: they combined CoinGate’s checkout with their own anti-abuse measures and automated KYC. The result was a secure flow that reduced risks while keeping payments frictionless.

How long does integration take?

Not long. ProxyScrape, Ping Proxies, and Thunderproxy all emphasized how fast the setup was — in some cases, less than a day. CoinGate offers a hosted checkout page for instant use, plus APIs and webhooks for automation.

Do customers even want to pay with crypto?

Yes — in fact, they expect it. At IPRoyal, over 30% of customers choose crypto. At ProxyScrape, it’s a third. At PlainProxies, nearly half. And at Thunderproxy, crypto became three-quarters of all transactions in just months.

Will this really impact my bottom line?

Absolutely. Ping Proxies saw crypto sales grow by 270% after switching, contributing to a 150%+ increase in monthly recurring revenue. Other merchants report higher customer retention and fewer failed transactions.

Crypto Is the New Standard in Proxies

The proxy industry runs on global demand. Customers expect fast service, privacy, and frictionless access — and they expect to pay the same way. That’s why leading providers like IPRoyal, ProxyScrape, PlainProxies, Ping Proxies, and Thunderproxy all made the same move: they turned crypto from an optional add-on into a core payment rail.

The results speak for themselves: 30% to 75% of all payments now come through crypto. Businesses that embrace it gain new customers, reduce failed payments, save hours on accounting, and see measurable revenue growth. Those that don’t risk looking outdated — and losing sales to competitors who do.

At CoinGate, we’ve built the rails that make this shift simple. From instant fiat settlements and exportable reports to broad coin support and developer-friendly APIs, our platform is designed to help proxy merchants turn crypto demand into business growth.

Don’t leave money on the table. Join the proxy leaders who already treat crypto as standard. Start accepting crypto with CoinGate today.

Vilius Barbaravičius Posted: February 3, 2026

Accept crypto with CoinGate