Can I trust CoinPayments?
Can I trust CoinPayments?
Although the work scheme and the CoinPayments platform are not conceived as a scam, the platform has some errors that have significantly compromised its security. The fees for using CoinPayments purses are a bit high and I do not have absolute control of the funds. Review collected by and hosted on G2.com.
How do CoinPayments work?
CoinPayments is a payment processor that allows merchants to accept Bitcoin and hundreds of altcoins in their store through easy to use plugins, APIs and POS interfaces. Most were created as part of CoinPayments’ constant evolution based on user requests and feedback from the industry.
How long does CoinPayments take to confirm?
The confirmation process usually takes 10-45 minutes but varies based on the coin’s target block time and the number of blocks confirms required. If you see that your coins were successfully sent from your wallet, it is not stated that Coinpayments already received them.
How do I buy Bitcoins with CoinPayments?
Here is CoinPayments’ step-by-step guide to buying Bitcoin and other cryptocurrencies with debit and credit cards through its platform.
- Step 1: Create an account with CoinPayments.
- Step 2: Verifying a CoinPayments account.
- Step 3: Connect a debit or credit card.
- Step 4: Purchasing Bitcoin.
- Low Transaction Fees.
Who owns CoinPayments?
“For businesses large and small, paying with cryptocurrency has evolved from a novel concept into a trusted, secure and global way of conducting business,” said CoinPayments founder and board member Alex Alexandrov.
Does CoinPayments require KYC?
At the same time, its client base and merchant community surged. CoinPayments now works in more than 180 countries and processes US $100 million per month in transaction volume. It also counts Hodltech as a key partner and regulated wallet provider to ensure KYC and AML compliance.