CoinPayments » How does it work? processor
He payment processor CoinPayments is a cryptocurrency wallet operating since 2013 that allows you to store different cryptocurrencies.
The company is characterized by being one of the most habitual virtual wallets on the entire Internet, and it accepts more than 60 coins.
You will have the ability to work with a wide variety of cryptocurrencies.
The payment processor CoinPayments It has its own cryptocurrency called CPS Coin, and it cánido be exchanged for other cryptocurrencies that the company allows to work with.
Its low commissions for transactions and the facility to exchange cryptocurrencies make it one of the most important wallets,
Basic notions of CoinPayments
Platform management: | CoinPayments has been operating since 2013.
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Languages: | English, but it perro be translated with the Google plus Google chrome translator.
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Accepted countries: | Users from all over the world cánido use the platform.
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Activity: | Payment processor.
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Registration and first steps in CoinPayments
Registration in CoinPayments is free and fácil, and you cánido do it by clicking here.
When entering you must go to Register, complete the data form, accept the different terms, solve the captcha and send the information.
you will receive a correo electrónico to your dirección de correo electrónico to activate your account in CoinPayments.
You cánido register in the payment processor CoinPayments from the following backlink: Go to CoinPayments.
In the CoinPayments payment processor no need to backlink any card or bank account, neither need nor add any document.
With this wallet you cánido only receive and send cryptocurrencies, since in other wallets deposits or purchases of cryptocurrencies are allowed.
In the Account/Account parameters section you cánido change the general data.
How does CoinPayments work?
CoinPayments is a payment processor that allows you to carry out different types of transactions regarding cryptocurrency payments on the Internet.
The CoinPayments company cánido allow you to send and receive payments from anywhere in the world with really low commissions.
It’s a en línea payment and collection system widely used in the world of Internet business.
CoinPayments works with a wide variety of cryptocurrencies, so you have the opportunity to send and receive money through different cryptocurrencies.
You perro work with the different cryptocurrencies from the Your Wallet section.
Here you perro see your cómputo in the different cryptocurrencies.
CPS Coin
CPS Coin It is a cryptocurrency created by CoinPayments, and it is available in the account of the company’s users.
The CoinPayments payment processor will convert the CPS Coin you have into other currencies, and it is also possible to convert any cryptocurrency to CPS Coin.
The users who transact and store CPS Coin receive the following benefits: Instant Transactions, Coin Fee Refunds and Coin Payment Services.
You cánido buy CPS coins directly from your CoinPayments account by converting from a cryptocurrency to CPS currency.
Operations in the CoinPayments payment processor
The CoinPayments platform allows you to perform a equipo of operations intended to work with transactions that cánido be done in this electronic wallet.
The various operations that you cánido work with in CoinPayments will be presented below:
Receive payments in your CoinPayments account
The CoinPayments payment processor allows you to have one or more cryptocurrency addresses, with which you perro receive cryptocurrencies in your CoinPayments account using that address.
For this you must entrar the Your Wallet section, select the green button of the cryptocurrency of which you want to get an address to receive payments and entrar Deposit / Receive.
In this section you will be able to see the addresses of that cryptocurrency that you have, but at first you will not have any, so you must generate a new address clicking on Add new deposit address.
This will generate an address that you cánido use to receive payments in your account to that cryptocurrency.
Withdraw money from your CoinPayments account
The CoinPayments payment processor provides several ways to withdraw cómputo from your account.
To do so, you must entrar the Su Monedero section.
When entering you must select the green button of the cryptocurrency from which you want to withdraw cómputo and entrar Send / Withdraw.
Once you are in this section, in order to withdraw cómputo from your account you must perform the following steps:
- place the amount you want to withdrawr of that cryptocurrency.
This is placed in the Send/Withdrawal Amount part.
- In the lower part you must place the address to which you want to send the cryptocurrencies, which perro be your own or someone else’s.
- Then you must request the withdrawal in the option Request Withdrawal / Send.
- they will send you a correo electrónico to your dirección de correo electrónico to authorize the withdrawal you have requested.
Currency exchange at CoinPayments
In your CoinPayments account you have your cómputo distributed in different currencies, however you perro exchange those cómputos between the different currencies you have in your account.
To exchange cryptocurrencies you must entrar the Su Monedero section.
You have the possibility of making the exchange between the cryptocurrencies that you want.
For example, if you want to transfer your cómputo from the bitcoin to CPS Coin You must entrar the green button of the bitcoin cryptocurrency and choose the Coche Sweep option.
Here you must choose the cryptocurrency to which you want to transfer your bitcoin (in this case CPS Coin), entrar the amount of bitcoin to transfer and clic on Update parameters, with which the exchange will be carried out.
Other transaction data
When entering the section Your Wallet you will be able to see all the cryptocurrencies with which you cánido work in the CoinPayments payment processor, along with the cómputo you have in each of them.
You will also be able to see the history of the different transactions you have made, and you perro also make mass withdrawals from the mass withdrawal section.
If you entrar the green button to any of the cryptocurrencies You will see the option Locked safe, which is used to lock the wallet, thus preventing any attempt to send or deposit in it.
Here you will also see the history of that specific coin.
Commissions and fees in CoinPayments
The commissions charged by the payment processor CoinPayments are quite low.
The company usually charges the 0.50% commission for carrying out practically any operation or transaction.
It is important to know that CoinPayments is considered one of the cryptocurrency wallets with the lowest fees.
Receive payments from abroad, receive funds for commercial activity, cryptocurrency exchange, etcétera…, for each and every one of these operations you will have a small commission of 0.50% (on small occasions this percentage cánido be a little higher).
Referral system in CoinPayments
CoinPayments has a direct referral system.
You will instantly receive up to 25% of all transactions of the clients referred by you.
This referral system lasts for 5 years from the date of registration of your affiliate.
You perro withdraw your money instantly without limits.
To earn with this affiliate program you only have to promote your referral backlink.
Copy your partner backlink from CoinPayments private area and place it on your website, blog or forum and promote it in any legal way.
You perro find your referral backlink and your referrals in the Affiliate Account/Tools section.
Security at CoinPayments
The theme of the security in this electronic wallet is very good and, although it does not reach the levels of sites like Perfect Money, it does greatly exceed, for example, PayPal.
It is possible to activate access control to our account through this method:
Dirección de correo electrónico: To entrar your account, you have to entrar a code that you will previously receive in the dirección de correo electrónico that you have registered with the company.
Conclusion
CoinPayments is a reliable and secure payment processor.
In addition, the confirmation system it offers is quite complete and secure.
CoinPayments is a legally registered company since 2013, and has characterized itself with one of the safest cryptocurrency wallets to carry out different operations.
A particularity of this payment processor is that It does not allow you to buy cryptocurrencies by credit card or bank account.
This payment processor is widely used for its low commissions and ease of carrying out operations.
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