CoinSimple was a web app/online service that allowed consultants and online merchants to accept bitcoins through a bitcoin payment processor or directly to their deterministic wallet or to other non-deterministic bitcoin wallet. Since its launch in September 2014, CoinSimple has processed approximately 14,000 invoices worth more than 3,000 bitcoin. We would like to thank you for helping CoinSimple reach this milestone.
Unfortunately, recent changes in the cryptocurrency space (Bitcoin network fee increases, Segregated Witness and the emergence of other cryptocurrencies as mediums of exchange) in combination with a lack of resources required to develop CoinSimple, have forced us to stop offering the service.
CoinSimple stopped operating on Friday, December 29, 2017 at 8:00 AM GMT.
- Country: China
- Headquarter: Hong Kong
- Type: Payment Processor
- Round: Seed
- Cost: $0.18 million
- Date: 7-Mar-2014
- Investors: Seedcoin, Individual Investors