Crypto as a safe haven

CoinsPaid
2 min readAug 13, 2020

The world does not stop. Just yesterday, paper money was in every wallet. Now it is practically not needed for a comfortable life in an urban environment. Real money has been replaced with online payments and bank cards. A new era has begun — the age of the blockchain.

CoinsPaid has three quintessential points explaining why cryptocurrencies are desperately necessary for any business (especially for e-commerce):

1. Standard payment services are subject to high fees from the acquiring bank. On the other hand, the blockchain scales the network and reduces transaction fees significantly (both for small transactions and large ones).

2. Transactions on the blockchain are more reliable than in standard banking services. Blockchain technology does not have weekends, holidays, and the end of the business day. If the payment is fixed, it will quickly lead to the seller or other addressee. It is essential for both payments to legal entities and personal money transfers.

3. Volatility is no longer a problem. Many stablecoins are pegged to the value of the US dollar. A seller or a manufacturer can choose the cryptocurrency in which he or she wants to accept payments.

CoinsPaid makes the most of the functionality of cryptocurrencies as a means of payment through our service. We have a wealth of tools and experience to customize the entire process in your company thoroughly.

CoinsPaid is your guide to the world of crypto processing.

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CoinsPaid

CoinsPaid is a crypto-financial ecosystem including a cryptocurrency wallet, payment processor, exchange with OTC desk, a hot wallet system for businesses