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boban2018

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Feb 5, 2018
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Location
Beijing
Website
bobantoken.com
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CoinPayments.net Reviews.png

CoinPayments is a cryptocurrency wallet service platform and one of the world's largest payment processor. CoinPayments allows merchants to accept cryptocurrency payment and support over 1000 different cryptocurrencies with fair fee of 0.50%.

CoinPayments was established in 2013 in Canada and currently boast of over 2 million vendors across 186 different countries making it one of the largest and most popular crypto payment processor out there.

- Key Features Of CoinPayments:
1. Secure Multi-Currency Wallet: CoinPayment features an online multi-currency wallet allowing users to easily store, send and receive bitcoin and most major altcoins.
2. Easy To Integrate: CoinPayment makes integration really easy by providing plugins for most popular web carts used today like OpenCart, Megento, Blesta, Prestashop etc. This makes it easy for merchants to integrate on their website and start accepting cryptocurrency payments.
3. Instant Confirmation Of Bitcoin Transactions: Experience very fast bitcoin transaction confirmation thanks to CoinPayment GAP600 support.
4. Support Automatic Conversation Of Coins: CoinPayment support auto coin conversion, this saves you the stress of manually moving coins and wasting time and fees.
5. POS Support: CoinPayment has POS (Point Of Sale) support, giving merchants a simple interface for in-person payments.
6. AirDrops: Airdrops of new coins or tokens are usually supplied to CoinPayment users so that everyone benefits.
7. FIAT Settlements Directly To Bank: Merchants in US and Euro can get FIAT settlements sent directly to their bank account.
8. Vault Support: CoinPayment users can add extra security to their crypto asset by locking them down for a specific amount of time. This makes the asset inaccessible to everyone during the specified lockdown period.
9. Mobile Client: Apart from using its website, CoinPayment has a mobile client which allows you to easily access your account, accept payments and convert coins directly from your smartphone. The app is available for both Android and iOS.
10. Trusted By Millions: Over two million merchants from over 182 countries use CoinPayment.
11. Minimal fee of just 0.50%

Pros:
1. Easy to install and get running, supporting a lot of popular web carts via plugins.
2. Support over 1000 different cryptocurrencies.
3. Provide a secure multi-currency wallet.
4. Support two-factor authentication (2FA) and Multisig (multiple signatures).
5. Mobile app available for both Android and iOS.

Cons:
1. According to reports, support is a bit lacking and can be greatly improved.

CoinPayment looks like a very legit crypto payment processor however there were reports from 2017 about a bug in CoinPayment system, this allowed for hackers to withdraw Ripple (XRP) worth millions of dollars. This hack affected a lot of users with one user losing about 2.45 million Ripples. Although as of December 2017 CoinPayment claim to have settled all affected users, I think this is something someone considering the platform should look into.
 
Don't use this shady thief site. Recently, I buying ads credit from adverts site and pay with coinpayments. But that thief site scam with simple action. 12 hour time out, WTF, My transaction are losts. Not to thinks, easily refund with their support. Their deposit transaction are fake. Dont use this site especially for payment method for buying things. I'm not to say hate speech. But for information. If you don't believe me, can show ss and transaction.
I've used CP several times so far with no issues, transactions were fast, and I even received a refund on two overpayment so no idea what you are complaining about
 
Still getting to understand this platform bit it has some awesome features and conducive for business to make bulk payments.Also its ability to house so many coins is intriguing.
 
Still getting to understand this platform bit it has some awesome features and conducive for business to make bulk payments.Also its ability to house so many coins is intriguing.
Coinpayments is ok. I use them as well as CoinBase, Kraken, and Crypto(dot)com
 
Coinpayments is ok. I use them as well as CoinBase, Kraken, and Crypto(dot)com
Thanks for sharing your experience with this wallet.I surely will be using more of it as well.I Just want to verify if it can accept my country for withdraws apart from deposits.Thanks.
 
are still they good as payment processors? I have an acount once, its been ages since I opened it. planning to use them as manual payment in my faucet site

They seem to be the processor of choice for most of the cyclers and other biz op companies which is why I opened an account with them so I could pay my entry fees into some of the programs/sites I was using.
 
I Know I am late,I am just seeing testimony that backdate to 3 years ago,I will like to ask is there any benefit package on ground if I sign up currently,it really looks promising.
 
I have not use coinpayment wallets before and I guess before one can enjoy the benefits one will sign up with coin payment Wallet first right?
Yes you will need to register on the website first before you can start to use the wallet.
Apart from been a wallet, one thing I like about the website is that it has the ability of been a payment processor like been able to implement on a website in making transactions.
It has been number 1 cryptocurrency payment method on most websites with very low transaction fees.
 
In July they banned U.S. users.
In August they announced the end of their affiliate program.
This email is to inform you that we are ending our affiliate program.

The functionality of affiliate links will be discontinued starting today, so no new referred accounts can be created using affiliate links.

Affiliate payouts for all currently referred accounts will continue until September 30, 2022. After this date, all affiliate payouts will be discontinued.
 
This wallet is good and reliable, but unfortunately it no longer serves users in my country, and if anyone has money there, they no longer have access to it. Of course, in my opinion, there are better wallets than Coinpayment which you can use but CoinPayment is an old wallet
 

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