CoinsPaid is your ultimate crypto payment provider. It makes cryptocurrency transactions a lot easier and cheaper than they would be with fiat money payments. The service provider has several services in place, most of which are focused on assisting businesses make crypto transactions efficiently. Some of the services that it offers include a Bitcoin processing service, a crypto hot wallet, an OTC desk, point-of-sale solutions, and a payment API for websites.
The solution has a native token called CPD that is used to complete payments on the network. The coin charges a commission of 0.8% for transactions on the network and 1.5% for coin transfers to the user's bank.
A Bit About CoinsPaid
CoinsPaid can be described as a crypto payment processing solution provider. It makes it easy for organizations and individuals to use crypto payments as well as transfer digital assets. The aim of the service is to make use of cryptocurrencies to satisfy everyday needs. It also strives to make people and entities ready to use digital products with ease.
The team behind the creation of CoinsPaid is made up of players in the cryptocurrency and financial markets. They understand the problems that many people and organizations face when using cryptocurrencies for their daily transactions. Max Krupyshev, George Paliani, and Andrei Koposov lead the team.
Its token, CPD, makes transactions a lot easier and faster. It is also cheaper to transact with than most native cryptocurrencies. Organizations that wish to use coins for payments may adopt CPD for cheap and easy transactions. CoinsPaid has created a system similar to that of the fiat systems to make crypto payments a lot easier.
The utility token of the CoinsPaid payment processor!CryptoLists.com
CoinsPaid is a cryptocurrency service provider. It combines several services, including hot wallet systems, to enable organizations to store cryptocurrency conveniently. There is also a Bitcoin processing service that enables speedy transactions with the coin. Individuals and organizations may swap other coins, such as ETH, BSC, TRX, SOL, Polygon (Matic), and DOT, with CPD conveniently so that they can make easy payouts. There is an OTC and exchange desk for that.
On the other hand, organizations that would like to receive crypto payments from their customers have an API on their site for easy payments. SaaS organizations may use the white label. CoinsPaid also has a dashboard so that users can access all the services from a single point. It makes it convenient for users to access all the services for different cryptographic transactions.
CPD is the native token on the blockchain. It is used to complete transactions for all the services that the solution provider has. Users can also swap different coins for CPD on the network. They can also buy the token straight from the network or participating cryptocurrency exchanges in the area.
Utility of CoinsPaid?
CPD is used for making payments on the internet. It operates like other traditional cryptocurrencies, including Bitcoin, Litecoin, and Ethereum. Users can purchase the coin and make transactions on the internet through websites that accept the currency. Second, CPD is the native coin that powers transactions within the network. Users use CPD to access and use all the services offered by CoinsPaid.
Several benefits accrue from holding CoinsPaid. First, the coin gives the holders the ability to access and use all the services offered by the crypto payment provider. Second, users enjoy various discounts and bonuses offered by the coin provider from time to time. Third, the coin is burned regularly to keep the buying pressure up and enhance the value of the coin.
CoinsPaid Price details
ETH Contract address: 0x9b31bb425d8263fa1b8b9d090b83cf0c31665355
›› Details & Tokenomics
Advantages of CoinsPaid
+ Those who stake and pay fees in CPD get a 50% discount, and deposits are cheap.+ There are regular CPD promotions for B2B customers to cut their costs.
+ CoinsPaid offers token swaps for ETH, BSC, TRX, SOL, Polygon (Matic), and DOT.
+ The use of APIs makes it easy to make and accept payments right on the website.
+ CoinsPaid is an EU-licensed crypto service provider that is legitimate.
Disadvantages
- CoinsPaid only processes token swaps for specific coins.- There is an added fee for all crypto transactions, despite low chain transaction costs.
- CoinsPaid investments are not very high-yielding.
- There are limited DeFi payment solutions so far on CoinsPaid.
- Despite supporting individual accounts, CoinsPaid is generally a business payment solution.
Costs
▪ Rated at 9.5/10CoinsPaid charges 0.8% for all crypto transfers on its network. However, users are eligible for several discounts from time to time. Therefore, this cost may go down at one time or another. CoinsPaid also offers a conversion service where users can transfer cryptocurrencies to their banks in the form of fiat currency. For this service, CoinsPaid charges 1.5% of the value of the payments.
This cost is quite low compared to some of the gas fees paid on some of the blockchains. The convenience of making transactions is also worth the cost of transactions.
Reputation and Buzz
▪ Reputation rated at 9.5/10▪ Buzz rated at 7.5/10
The CoinsPaid solution has been received positively across the crypto world. Over the years, it has grown to be the main provider of crypto payments, with annual volumes of over 700 billion dollars. The service has also joined hands with the gaming community by working with SoftSwiss, which aggregates games from over 150 leading software providers. CoinsPaid also works with SaaS providers and many other service networks.
FAQ
Can you use CPD for online transactions?
Yes, you can use CPD for online transactions. You only need to check if the recipient of the transaction accepts CPD for payments. Then, ensure you have enough coins in your CPD wallet to complete the transaction and pay the fee.
What is the Bitcoin processing service?
This is a cryptocurrency payment gateway. CoinsPaid is a digital payment provider that allows merchants to accept payments using cryptocurrencies. The Bitcoin processing gateway deals with issues like chargebacks and high costs of transactions and reduces the number of steps users would have to take before completing crypto transactions on the website.
History of CoinsPaid
April 2014 – CoinsPaid is created with the aim of creating solutions that make crypto payments easily usable and cheap for individuals and companies.
May 2021 - CoinsPaid creates an enterprise wallet to enable businesses to make payments effectively.
August 2021 – The crypto solution makes the initial coin offer. 11,000,000 coins were up for grabs at a cost of 0.02 USD per token.
September 2021 – A loyalty program is started as a way to motivate users to make more payments on its network.
February 2022 – CoinsPaid creates a DEFI dashboard to combine several of its services for easy access. Companies can access payment getaway, business wallet, point of sale, hot wallet, and OTC desk, among others, from a single location.
June 2023 – CoinsPaid creates an internal ledger for DApps so that they can process payments effectively in a decentralized process.
Screenshots from CoinsPaid
CoinsPaid details and tokenomics
BNB Contract address: 0x2406dce4da5ab125a18295f4fb9fd36a0f7879a2
MATIC Contract address: 0x1ce4a2c355f0dcc24e32a9af19f1836d6f4f98ae
