About CoinPayments Wallet
CoinPayments Wallet is a cloud wallet solution that offers an easy way to integrate a checkout system for numerous cryptocurrencies. Its website offers payment solutions for multiple crypto-currencies such as bitcoin and litecoin.The company was founded in 2013 and is based in Vancouver, Canada. It’s business model mainly targets potential investors and cryptocurrency traders. The company aims to attract these people by offering a flat fee of 0,5% – this means that whenever you buy, sell or trade cryptocurrencies, 0,5% of the sum is taken as a tax by the company.
Coinpayments strives to become the leading trading and crypto exchange platform in the world, along with achieving the status of the most popular cryptocurrency storing wallet out there. The platform offers a lot of features to back these aims up – let’s cover them next in this Coinpayments review.
CoinPayments Key Details
| Key | Details |
|---|---|
| Vendor Name | CoinPayments |
| Supported Currency | + 1181 other coins |
| Wallet Features | 2 Factor Authentication, Multi-Signature |
| Platforms | (Android ) (iOS) |
| Validation Type | SPV |
| Ease of Use | Easy |
| Anonymity | Medium |
| Wallet HQ Location | N/A |
| Listed At Altwow | 01/08/2020 |
| Official Wallet Website | Click Here To Visit Wallet Website |
How To Install Kriptomat Wallet ?
Step 1
First Download Keystone Wallet App From App Store For Example ( Google Play, Or Apple Store. You Get Official Download Wallet Link At Keystone Website.
Step 2
Once You Successfully Installed Wallet.Than Start Creating Wallet By Filling Necessary Data Which Required By Wallet Like – Name , Email, Password Etc.
Step 3
Download The Keystore File. This File Enable Or Allow You To Decrypt Your Wallet Just Alike Private Key Does, So If You Lose It Or Someone Gains Access To It, Your Coins Are Locked. Save This File On A USB Stick, Put It In A Ziploc Bag Or Waterproof Container, And Store It In A Safe Place .
Step 4
Many Wallet Offer Private Key Features. If Keystone Offer Private Ket Features Than Follow This Guide – Snap “I Get, Proceed” And You Will See Your Private Key. Spare This Key By Printing Your Paper Wallet. Store This In A Safe Place For Example In Almira Or Any Zip Locker.
Step 5
Once You Follow All Above Guidelines Than Your Wallet Successfully Setup. Now It Is Time To Store Coin.
CoinPayments – Fees
CoinPayments Wallet is an industry leader in low fees.. The current fees are:
| Item | Fee |
|---|---|
| Payments/Commercial Activity | |
| Incoming Payments – To Balance (funds go to CoinPayments Wallet)1 3 | 0.5% |
| Incoming Payments – ASAP/Nightly (funds are forwarded to external address)3 | 0.5% + coin TX fee |
| Commercial Deposits (Callback Addresses created with our API) | 0.5% |
| Transfers (off-blockchain sends to $PayByName tags or email, etc.) | 0.5% |
| Wallet Service | |
| Personal Deposits (Addresses made on the Your Wallets page or Deposit Addresses retreived with our API) | First 15,000 USD equivalent monthly: FREE After that: 0.5% |
| Conversions | coin TX fee + conversion partner’s fees (if any) |
| Withdrawals | coin TX fee2 |
| 1: Due to their architecture some coins have to be moved on the blockchain even for To Balance mode and the TX fee is deducted from those payments. 2 We currently subsidize Bitcoin withdrawals so you pay a flat TX fee of 0.00040000 instead of the full TX fee. This only applies to wallet withdrawals not Conversions/Payments/Commercial items. 3 Payments with supported Ether Tokens have a 1% fee due to our additional overhead to support them. Payout modes which require conversions also have an additional 0.1% fee. |
CoinPayments Wallet Features
Online Shopping Cart Website Plugins
Offering plugins for all the popular webcarts used today. Register and install a plugin to set up CoinPayments with your new or pre-existing checkout.
Buy Gift Cards Online With Cryptocurrency
Through CoinPayments, purchase digital gift cards from hundreds of retailers like Adidas, Best Buy, Hulu, Lowe’s, Nike, and Uber in industries such as dining, fashion, lifestyle, entertainment, and electronics.
These gift cards can be bought for yourself or a friend and can be redeemed at any retail location for the brand in the country the card was bought for. Browse our card selection then Log In or Sign Up to purchase using Bitcoin, Litecoin, Ethereum, or Tether.
Crypto Payment Processing
GAP600 Instant Confirmations
CoinPayments supports GAP600 Instant Confirmations making Bitcoin payments faster than ever before.
Cryptocurrency Vault
Protect your coins in the vault, requiring a time amount you specify before being able to spend them.
Mobile Apps
CoinPayments Wallet Access your account, accept payments in person, and convert coins anywhere with our mobile apps for Android and iOS.
Auto Coin Conversion
Auto convert for some of the coins, saving you the trouble of moving funds, wasting time and fees.
Point of Sale (POS)
Simple interface for in person transactions.
Best Multi-Coin Crypto Wallet
Optionally store your coins in our secure online wallet.
CoinPayments – Crypto Wallet for Bitcoin/Altcoins
CoinPayments is a comprehensive platform offering storage and payment support for bitcoin and 1,200+ other cryptocurrencies. The CoinPayments mobile app allows you to conveniently store, send, receive and convert your crypto all in one place!Trusted by over 2.4 million businesses and users across 182 countries, CoinPayments is the ideal choice when it comes to a comprehensive yet easy to use cryptocurrency wallet and payments platform.
How To Secure Your CoinPayments Wallet?
There Are A Number Of Ways To Keep The “Bad Guys” Away From CoinPayments Wallet. And Although Cryptocurrency, As A Technology, Has Increased Anonymity And Encryption, The Devices On Which These Funds Are Stored (Phone, Pc, Tablet) Are Much More Susceptible To Hacking. Below Are A Number Of Simple Tips That Can Improve The Security Of Your “Crypto Wallet”.
Step 1 : Store Your CoinPayments Wallet Private Keys Offline: Print Them Out On Paper
The “Hunt” For Your Data Does Not Stop For A Minute, Regardless Of What Gadget You Use, Or What Network You Are Connected To. A Good Idea To Solve Some Of The Problems Associated With The Possibility Of Theft Of Personal Data Is Printed On Paper Keys For The Wallet — A Variant Of Replacing The Software “Assistant”. In This Case, You Will Only Need Paper And A Printer — No Additional Devices Or Gadgets. The Output Will Be A Kind Of Offline Wallet, Represented By A Pair Of Printed Keys. Some Enthusiasts Refer To This Approach As “Cold Wallets”, Because In The End, The Storage Process Takes Place Offline.Paper Wallets Are In Regular Demand, And You Can Test Their Functionality Yourself:
The Main Difference: The Creation Of Unique Addresses And Keys Through The Use Of Client-side Js Scripts. In Other Words, Keys Are Created Immediately On Your Pc, Without Requiring Data Transfer Over The Internet. And To Make This Process More Fun, The Developers Suggest That You Move The Mouse And Fill In Text Fields, Thus Obtaining Unique Data For Generating The Necessary Tools.
Step 2 : Setup Second Step Verification
Two-factor Authentication Requires The User To Enter An Additional Code From Another Source – Such As A Text Message Or Email. However, The Most Common Method Is Through The Google Authenticator App. Just Install It On Your Phone And It Will Generate A New 6-digit Access Code To Log In To Your Wallet Or Make Transfers.
We Recommend Using Only Those Web Wallets That Do Not Support Two-factor Verification. In Particular, The Kriptomat Wallet Offers To Activate 2fa Already At The Registration Stage.
Step 3 : Create A Strong Password For Your CoinPayments Wallet
If You Decide To Use A Web Wallet, Which Is Recommended Only For Small Transactions, Always Make Sure That Your Password Is Secure. Never Enter Your Date Of Birth Or Credit Card Pin As Your Password. Use Alphanumeric Combinations, Combine Cases, Use Underscores, And So On. But It’s Best To Use An Strong Online Password Maker Website.
Step 4 : Learn To Recognize Phishing Sites
Phishing Sites And Apps Mimic The Design Of Popular Crypto Wallets In The Smallest Detail — Only The Page Address Is Slightly Different. Before Entering Your Private Key Or Secret Phrase In Your Wallet, Make Sure That The Page Address Is Correct.
The Chrome Store Library Is Known For Its Abundance Of Phishing Extensions, Especially For Cold Wallets Like Ledger. Although Google Removes Dozens Of Such Fraudulent Products Every Month, New Ones Are Coming In Their Place. In March 2020, Fraudsters Stole More Than $ 250,000 In Ripple Coins From Their Wallets Using A Fake Extension, And In June 2020, Crypto Podcast Host Eric Savix Lost All Of His 12 Bitcoins By Entering A Secret Phrase In A Phishing Extension For Ledger.
Step 5 : Don’t Click On Links In Emails
Phishers Often Send Emails From An Address That Is Almost Identical To The Real Address Of The Wallet Support Service. For Example, If You Use A XYZ Wallet From xyz.cxom Then You May Receive An Email From A Fake Address Like Support@xy-z.com Instead Of The Present Support@xyz.com. These Emails Try To Scare The User Or Create The Illusion Of Urgency — For Example, You Will Be Informed That Your Account Has Been Hacked/Blocked And That You Need To Update Your Security, Change Your Password, And So On. The Link Leads To A Fraudulent Page That Will Either Steal Any Data You Enter Or Install A Virus On Your Device.
This Also Applies To Ads Above Google Search Results That Often Advertise Phishing Pages. Here Is An Example – Note The Difference In Just One Letter Between A Real Address And A Fraudulent One:
Step 6 : Install Or Use Trusted Antivirus
The First Thing You Should Do After Installing A CoinPayments Wallet Is Install A Reliable Antivirus And Update It. Most Cyber Attacks Attempt To Send Important Information From Your Computer, You Should Make Sure That Your Pc Or Mobile Is Protected From A Virus Threat. Regularly Update Your Antivirus To Minimize The Risks Associated With The Appearance Of New Virus Threats That The Old Version Did Not Protect Against.
Step 7 : Never Disclose Your Private Keys
Private Keys Are Intended Exclusively For You. You Should Not Disclose Them For Transactions Or Cryptocurrency Purchases
Final Thought
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