What is Coinpayment?
CoinPayments Inc. isa crypto payments platform and online cryptocurrency wallet based in Vancouver, was founded in 2013. Users can effortlessly transact using popular cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and over 1900 others on the platform. Since its creation, the platform has established itself as an industry leader by promoting crypto adoption by providing merchants with fast, safe, and easy-to-integrate options for accepting cryptocurrency payments. Exclusive e-commerce shopping cart plugins, payment buttons, custom-built APIs, digital crypto wallets, PoS interfaces, and a variety of additional business tools are among them.
CoinPayments claims to work with nearly every major e-commerce platform, including Magento, Prestashop, Shopify, WooCommerce, Opencart, and many others. To date, the platform has processed over US$10 billion in cryptocurrency payments for over 70,000 merchants in more than 200 countries. CoinPayments can thus be considered one of the most complete bitcoin payment platforms in the world, with millions of active users. It charges a fixed fee of 0.5 percent, making it one of the most cost-effective payment methods in the bitcoin market.
CoinPayments is a multi-currency wallet that allows companies and individuals to save, transmit, and receive a variety of digital currencies and tokens. The wallet, which is free to set up, is accessible via web and mobile, allowing account administration both online and on the road.
Merchants may make crypto payments via APIs and a mobile POS system using CoinPayments, and choose whether to keep the funds in cryptocurrency or have them immediately converted into fiat currency and remitted to a company bank account.
Users can secure their holdings using multi-signature wallets or in Vaults in addition to two-factor authentication (2FA) and hardware wallet support (Trezor only).
CoinPayments users may now buy bitcoin within the app using a connected debit or credit card, thanks to a cooperation with crypto on-ramp Mercury.
