Cryptocurrencies have high market value these days as more and more investors worldwide show a keen interest in trading. Cryptocurrencies, once bought, are not immediately sold and therefore need to be stored in a safe place. Though they can be stored in the exchange from where they are bought, crypto exchanges are not always safe, and there is no better alternative than storing the crypto holdings in a reliable wallet- whether hardware or software. CoinPayments is a digital wallet that allows users to send, receive or store their crypto holdings safely without incurring any higher fees for using the wallet’s services. In this CoinPayments review, important points like the CoinPayment’s features, CoinPayments fees, how to use CoinPayments, etc., have been included.
CoinPayments Inc. is a Vancouver-based crypto payments platform and an online cryptocurrency wallet founded in 2013. The platform enables users to easily transact with leading cryptocurrencies like Bitcoin, Ethereum, Litecoin, and over 1900 other cryptocurrencies. Since its inception, the platform has established itself as an industry leader by fuelling crypto adoption through fast and secure easy-to-integrate solutions for merchants to accept payments in cryptocurrency. These include exclusive e-commerce shopping cart plugins, payment buttons, custom-made APIs, digital crypto wallets, PoS interfaces, and many other business tools.
CoinPayments boasts of its partnership with almost all leading e-commerce platforms, including Magento, Prestashop, Shopify, WooCommerce, Opencart, and lots more. To date, the platform has processed more than US$10 billion in crypto payments serving over 70,000 merchants in over 200 countries all across the world. Thus, with millions of active users, CoinPayments can be considered as one of the world’s most comprehensive cryptocurrency payment platforms. It charges a flat commission of just 0.5%, thereby positioning itself as one of the cheapest payment options in the cryptocurrency industry.
