Review of popular electronic wallets for crypto currency: CoinPayments

If we calculate the total world turnover of popular crypto currency in 2018, and compare the data with the figures that were recorded at the very beginning of the appearance of digital money, then the reasons for this unprecedented interest in this independent payment facility become clear. If the usual fiat money obeys the traditional laws of financial circulation and the formation of exchange rates (which are written about as much useful information as in the context of international trade, and to meet the needs of national economies), the BTC, Litecoin, Dash or ZCash exist and operate according to their rules .

And every owner of exchangers, purses, or other trading platforms specializing in operations with digital money, tries to systematize as much as possible the “laws” to which these financial instruments are subject. But it is almost impossible to do this: bitcoin (the ancestor of crypto-currency) and, for example, any other digital money can not be summed up under common denominators. In this respect, even Mongolian tugriks and US dollars have much more “common points of contact” than VTS, ETH or other crypto-munitions.

An old enough resource CoinPayments (registered in 2013) is of interest for both miners, experienced experts in the exchange of digital currencies, and ordinary fans of cryptonyms who plan to turn their hobby into a source of stable income. But what can this platform offer to connoisseurs of digital money?

Basic parameters of Coin Payments

The development of an alternative financial system was inevitably accompanied by the creation of various projects related to the mining of crypto-currencies, using BTC, Ethereum, Litecoin, etc., as a universal trading tool for paying the cost of the necessary products / services (and, according to specialists dealing with development issues , this trend will continue for at least the next 10-20 years). One of such trading platforms is CoinPayments.

Main features of the platform

The resource works with the most popular crypto-currencies (their number is constantly increasing). Each purse is protected by blocking technology, which at the moment is one of the most reliable, and the scope of its use is actively used in a wide variety of activities.

● User-friendly and intuitive interface allows you to work on the site even for beginners, without the relevant experience.

● Opportunity to enter into transactions with fiat currencies.

● The application provided by the CoinPayments programmers allows the site’s clients to carry out the planned operations using mobile gadgets (the administration of the resource guarantees complete security of the personal information and financial resources of its customers).

● Users of the resource can block money for a certain period of time, as well as accumulate donations on their website.

● Having registered a login on CoinPayments, the customer of the service can use a digital POS-terminal to receive money from customers of his online store.

How is the activity monitored?

One of the main drawbacks of the resource under consideration is the lack of the necessary competent authorities in this case, which have all the necessary powers to exercise supervisory functions, issue licenses and other permits. This factor, of course, negatively affects the business reputation of the web resource, but most of the “old” customers do not attach much importance to it. Every experienced user who has studied the demo version of CoinPayments demo version trusts this exchanger for 100%, without worrying about the security of the financial assets and personal information (objective websites fully confirm the personal observations of experienced customers of the resource in question). At the same time, many experts believe that such factors often prove much more effective than numerous licenses, permits or other documents that provide the right to engage in financial activities, including exchange transactions.

What you need to know about working with Coin Payments: an overview of the highlights

Studying about the exchanger CoinPayments reviews compiled by dissatisfied users can be found in the network a lot of negative information about the resource, but professionals do not recommend using it as an objective indicator. Of course, every web resource that specializes in commercial activity will always have such “well-wishers”, therefore, when making your opinion about the site, always try to study all available sources (giving preference to experienced professionals).

Available currencies

The main currencies of the resource are BTC and Litecoin. To date, users can exchange or use for their online store almost all known in our country crypto-currencies, as well as widespread fiat money. And if you reject all the emotional, dissatisfied characteristics, as well as the responses of “customers” ordered by Coin Payments, you can say that this resource is developing well, is not going to position itself, exclusively as a highly qualified exchange resource, and according to analysts’ forecasts, following the chosen development strategy , it will very soon become a multi-functional trading platform with a great future.