The truth about how to use coinpayments is it good or reliable? How does Coinpayments really work? Read this post and learn everything about is coinpayments safe? Tips and complete step-by-step guide…
What is CoinPayments?
Well, the CoinPayments is one of the best online wallet or a platform that has been offering payment processing services for almost all cryptocurrencies since 2013. It is a true multi-coin wallet because it accepts and allows you to store all major cryptocurrencies and over 650 altcoins available. It allows merchants to accept Bitcoin, Litecoin, Ethereum, Dogecoin and over 600 altcoins in their stores through easy-to-use plugins, APIs and POS interfaces. In the world of online earnings it is currently being added to several PTC sites and faucets as a payment method. With over 2 million users in 182 countries worldwide, CoinPayments becomes one of the most popular and used online cryptocurrency payment services in the world. There are several users from Angola, Mozambique, Portugal and Brazil using and praising this wallet, and you?
Join CoinPayments » Sign Up Now
Coinpayments not only facilitates its users by accepting them to hold a larger number of cryptocurrencies but they also provide simple and easy to use shopping cart plugins that a merchant or e-commerce owner integrates into their e-commerce platform.
Additionally, they also provide POS (point of sale) terminals to accept in-person payments while serving customers in offline stores.
That's why CoinPayments is one of the most popular digital currency payment processing services among business owners around the world.
CoinPayments: Recursos
CoinPayments, as the name suggests, is a proper payment tool and offers some interesting features for payment processing. Here are some of them:
Multi-coin Wallet:
CoinPayments supports multiple currencies. You can store or accept over 650 virtual currencies in your store using the CoinPayments online wallet. However, It is not recommended to store cryptocurrencies in an online wallet for longer periods. . To store cryptocurrencies in the long term we recommend offline wallets.
Point of Sale (PoS):
You can use CoinPayments' simple interface to accept bitcoin, etherum, litcoin and over 650 altcoins as personal payments in your online store and allow anyone to pay with any cryptocurrency7 and thus increase 10x more sales for your online business.
Shopping Cart Plugins:
CoinPayments offers plugins for all popular web carts used today. Simply Register with coinpayments Install a plugin to integrate CoinPayments with your new or existing checkout sections.
Passthru Service: A Good Option for Merchants
coinpayments PayPal Passthru is an additional service that offers your buyers the option to pay with PayPal or altcoins.
GAP600 Instant Confirmations:
CoinPayments supports instant confirmations of GAP600 versus 60-minute confirmations, making Bitcoin and altcoin payments faster than ever.
Automatic Currency Conversions:
For some currencies, at CoinPayments it is possible to convert one currency to another, saving time and the fee that an exchange charges.
Fiat Currencies:
If you are a US or UK user, then you can deposit your virtual currencies or get fiat settlement “dollar, euro, pounds” directly to the linked bank account.
Safe:
You can protect your coins from any transaction on your account by blocking them for a set time, increasing the security of your account.
AirDrops:
CoinPayments provides free tokens of new coins and tokens to users so that everyone benefits in the future.
CPS: the new CoinPayments currency using this currency on this platform in addition to the 25% discounts on all transactions you still get several benefits.
Mobile Apps:
In the mobile era, CoinPayments has mobile apps for iOS and Android, through which you can access your account, accept payments in person, and convert currencies on the go.
CoinPayments ICO Marketplace:
If you are a creator of a virtual currency, make it popular and used. CoinPayments provides an ICO hosting platform and provides payment solutions for your ICO, including escrow.
$ PayByName:
This is the coolest feature where you create your custom names and “pay by name”. It helps merchants to accept all types of currencies and fiat through this unique name. For example, the name Cryptomais accepts payments or donations in $Cryptomais.
CoinPayments Taxas:
CoinPayments is currently the cheapest service for cryptocurrency payments in the world:
» Almost all deposit and currency conversion transactions are subject to a 0.5% fee, which is much lower than many other fees.
» And for withdrawals the fee depends on the currency to be withdrawn and is also low.
CoinPayments controversy over: Ripple hacked
CoinPayments (in June 2017) lost a significant amount of users' Ripple (XRP) from their wallet.
According to the company, there was a bug in its wallet that other CoinPayments users exploited to extract all of other users' XRP.
NB: It is worth noting that the company did the right thing by accepting the error and then working on its recovery process to reimburse all affected users. Making it clear that the team behind coinpayments is completely trustworthy.
They have greatly reinforced security on the platform so that cases like these do not happen again
Here is a statement after they successfully refunded all affected users:
How to use CoinPayments?
To get started with CoinPayments, you need to Register using your name and email. Then confirm your email and log in with your 2-FA authentication code. You can then navigate to the wallet section or make your $PayByName and explore other options for integrating your CoinPayments processor under the ‘Merchant Tool’ option.
Check-Out Join CoinPayment Now
Conclusion – Is it safe and reliable to use CoinPayments?
Without a doubt the CoinPayments is one of the best online wallets reliable and secure that you should start using to store your coins or accept payments in your online store.
If you are thinking based on an unfortunate incident that happened in 2017, you are wasting your time and the many opportunities that this wallet offers to its users. because they have greatly improved their safety standards and responded wisely to the XRP theft.
Use: Therefore, it is still necessary to remember that large amounts should not be stored of money or digital currencies in any online service, think twice before doing so. It is always recommended that you use hardware wallets as the Ledger Nano S to store large amounts of money or cryptocurrencies or to keep your coins 100% offline free from cyber attacks, hackers or any risk. .
In the case of CoinPayments, you also have the 'Vault' option, which can be used to lock your coins in case you are planning not to use them; it's free.By doing this, you will avoid a significant amount of risk and increase the security of your coins by using this online wallet…
Finally, it is always a good idea to store your coins in a more secure wallet or be an early adopter of technological revolutions around the world to grow your business faster. Through CoinPayments Not only can you store Bitcoin, Litecoin, Ethereum, some ERC-20 tokens and over 650 available altcoins. You also have the chance to increase the flexibility of doing business and accept any cryptocurrency available on CoinPayments as a form of payment in your online store and increase your sales faster.
Join Coinpayments » Sign Up Now
Share your experience: Have you used CoinPayments for payment processing or as a wallet? What has your experience been like? Let us know in the comments section below.