Review on Coin Payments by Aman Arora
Coinpayments was one of the oldest wallet with multi utilities
Coinpayments is one the oldest wallets I use to store coin and use them for inter exchange. Coinpayments is one of the wallet which sell Netki subscription services to receive coin payments by name and also let you buy Gift cards by using cryptos such as Bitcoin Litecoin and USDT.
Coinpayments start offering its services with single click registration and for security it offered 2FA and Email authentication and it gained lot of popularity with its affiliate program and lot of users use Coinpayments to store and swap multiple coins.
Coin payments was one of the rarest wallet which start offering services of depositing and withdrawing of more than 500 coins. With the increasing hacking and to avoid misuse and security purposes Coinpayment has made it mandatory to Complete KYC for new as well as Old users which was not the case while Coinpayments launched it services.
Since the launch Coinpayment has shown improvements with its merchant tools which can be easily integrared on stores and websites for receiving payments and donations. For Fiat purchases in USD GBP Euro Coinpayments has partenered with Coinbase and wyre for buying cryptos. Fees structure differs and competitive in the range from 0.5% to 1% plus Transaction cost for commercial and wallet payments
Coinpayments has launched its easy to use Mobile wallets but it took too much time to launch and till that time lot of other wallets have taken over but still with the services and security services and ability to Connect Hardware Wallet Coinpayment is still recommended as safest wallet to be use for multiple features it provides.
Pros
- Coinpayments is easy to use wallet which can store almost every coin with low fees transfers
- Ability to buy Fiat and easy integration of merchant tools makes it easy to use for commercial payments
- Reliable security measures with 2FA and Trezor connectivity makes it easy to transfer assets
Cons
- Coinpayments wallet is one of the oldest wallets offering multi utilities but has not gained much popularity
