Coinpayments

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Coinpayments is one of the multi-currency wallets available online. CoinPayments provides an easy-to-integrate online payment gateway that enables businesses to transact in over 1,900 cryptocurrencies including Bitcoin, Ethereum and Litecoin. Since 2013, CoinPayments has been dedicated to providing clients with fast, secure and user-friendly digital wallets, shopping cart plugins, and a host of other business solutions at the lowest processing fees and conversion rates in the industry. With tens of thousands of merchants across all 195 countries, CoinPayments.net strives to be an industry leader in payment innovation and has the most comprehensive multi-cryptocurrency payment platform available online.

Advantages[edit]

This service has a number of advantages, including:

  • the ability to keep dozens of cryptocurrencies in one place;
  • quick and easy exchange;
  • quick access;
  • two-factor authentication;
  • possibility to place money in the "safe" for extra security;
  • ability to accept payment for goods and services;
  • ability to create a single tag PayByName for all wallets;
  • simple and intuitive interface.

The main shortcoming is low security, like in any "hot" wallet.

How it works[edit]

It is easy to get started with this service. To do this, follow these steps: Create an account. Activate mail. Log in. Select "Wallet". Select the desired currency, click on the options button. Select "create deposit". Click on "add new deposit address". Get a wallet address.

Then users can deposit funds to their new wallet. Users can exchange one currency to another, send coins to other addresses, etc. To protect money, users must first of all protect their mail, as all procedures are confirmed via it.


See Also on BitcoinWiki[edit]