Why choose CoinsPaid wallet?

CoinsPaid
3 min readDec 11, 2019

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The launch of the CoinsPaid blockchain wallet is just around the corner. It’s an important event not just for our team, but for the crypto wallet market as a whole, because our wallet combines the highest level of security with some truly impressive features.

CoinsPaid wallet will leverage our experience in the field of crypto processing — with instant transactions, fiat withdrawals, and much more. In this post, we’d like to remind you about the functionality that makes our crypto wallet so special.

Built by industry experts. CoinsPaid has been active in the crypto market for over 5 years, and our processing system is used by hundreds of online businesses. It’s even integrated into Merkeleon SaaS — a popular service platform for crypto exchanges. Our new wallet fully reflects our expertise. It’s light and fast, with a clean and intuitive interface. It’s also extremely safe and offers complete privacy. On the other hand, those users who choose to pass a KYC will get access to an even more impressive array of features.

Instant exchange. You’ll be able to make conversions between dozens of coins at the best rates. While there are already some wallets with an integrated exchange, none of them offers such a range of currencies as CoinsPaid.

Unmatched fiat support. CoinsPaid wallet will be among the first on the market to allow deposits and withdrawals first in euro and then in 21 more fiat currencies, as well as instant fiat-crypto exchange. We believe that crypto platforms that don’t support fiat at all have very limited applicability. While crypto might become the main means of payment in a few years, cash isn’t going anywhere. Note: fiat features will be available to verified users only — this is required by law.

Cross-platform interface. We’ll release the CoinsPaid wallet as both a web-based app and as a native app for iOS and Android. This way, you’ll be able to switch from one device to another in the blink of an eye. Needless to say, all your asset balances will be updated automatically.

Best-in-class security. CoinsPaid wallet was recently audited by Kaspersky Labs — the world’s leading cybersecurity firm. The tests confirmed that the wallet’s code doesn’t have any vulnerabilities that hackers could use. We’ve implemented the latest cryptography in our design, and our security team is working 24/7 to identify and suspicious activity.

Mass payments. More and more blockchain companies pay their employees and contractors in crypto. This is a good strategy for the employees, too: if they leave part of their earnings in their wallet, they can get a good interest once the coin appreciates. Unfortunately, all such payments have to be done manually — it’s a long process if you have dozens of recipients. In the CoinsPaid wallet, you’ll be able to simply upload a file with a list of recipients’ addresses and amounts due. The wallet will make all the transfers automatically. (Note: this feature is currently under development.)

Recurring payments (under development). This functionality is linked to mass payments: you can set the wallet to charge other people regularly. Again, salaries are a good example when the amount doesn’t change from month to month. Another case is subscriptions — for example, to a paid app. You can change the period duration or the amount any time.

We could continue the list of our wallet’s advantages. They include 0% transaction fees within the network, a loyalty program with discounts, and even dedicated IBAN accounts with branded plastic and virtual cards.

Follow us on Twitter for the latest updates on the launch. Be among the first users of the CoinsPaid wallet!

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CoinsPaid
CoinsPaid

Written by CoinsPaid

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

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