CoinsPaid Was the First Crypto Payment System to Clear a Kaspersky Security Audit
A cryptocurrency wallet and payment system called CoinsPaid is used to hold cryptocurrencies and enable blockchain transactions. It’s licensed and registered in Tallinn, Estonia. Having been in business since 2014, CoinsPaid was the first crypto payment system to clear a Kaspersky security audit. More than 30 cryptocurrencies, including Dogecoin, Litecoin, Ethereum, Ripple, Bitcoin, Bitcoin Cash, and more, can be stored in the CoinsPaid wallet. You may also save more than 20 different fiat currencies with it, such as AUD, USD, EUR, CAD, GBP, and JPY. It’s possible to convert between money and cryptocurrency.
In the future, you’ll be able to use a CoinsPaid card to withdraw money from your cryptocurrency account in addition to making payments both online and offline. The business collaborates with more than 200 partners, some of which are online casinos, which you’ll find on our list as the best CoinsPaid online casinos.
If you don’t already have one, the first thing you must do is open a CoinsPaid wallet account. You can register for either a business wallet or a personal wallet, which have distinctive back ends. You must select your nation from the pulldown menu. Not all countries have CoinsPaid available, so if you can’t find yours, you won’t be able to register.
Put in your password and email address. Your email account will be verified by CoinsPaid. To set up 2-factor authentication on a mobile device, scan a QR code to get a one-time passcode that allows you to log in. You can get an authenticator app from the Play Store or App Store. You won’t be able to withdraw more than €1,000 per month and won’t have full access to account features unless you can authenticate yourself.
In order to stop money laundering and the funding of illegal activities, ID verification is a regulation necessity when offering financial services. You’ll be asked to provide evidence of address and a selfie in which you will be holding a government-issued document that can be read, like a passport or ID.
You can build a cryptocurrency or fiat wallet using the “Portfolio” tab. Both fiat money and cryptocurrencies can be swapped for one another. For convenience and speed, your private keys will also be stored in the CoinsPaid wallet.
Sadly, there isn’t a specific CoinsPaid app, so you’ll need to launch your smartphone's web browser. The business is developing an iOS and Android app called CoinsPaid.
Benefits of CoinsPaid:
- Integrated address book and cryptocurrency exchange
- Supports more than 20 fiat currencies in addition to more than 50 cryptocurrencies
- There’s no cost to pay for goods and services
- Accepts recurring payments
Drawbacks of CoinsPaid:
- Integrated address book and cryptocurrency exchange
- Limits must be lifted after account verification
With CoinsPaid, Withdrawals Are Processed in a Matter of Minutes
CoinsPaid can be used to make deposits and withdrawals at some online casinos. You can pay using these procedures if you plan to deposit Bitcoins, Ethereum, or any other cryptocurrency. CoinsPaid deposits have varying minimum and maximum amounts, depending on the coin.
- Open a player account at any of the top CoinsPaid casino sites we recommend.
- Go to your online casinos’ “Cashier” or “Deposits” section.
- Decide which coin to use.
- An address key connected to your player account at the casino and/or a QR code to scan with your smartphone will be shown to you. To add Bitcoins or other cryptocurrencies to your player account, you’ll need one of them.
- Complete the payment to the hash address key of the casino and verify it.
- In a matter of seconds, your deposit is processed, and you may start playing slots at CoinsPaid online casinos.
You can use CoinsPaid to make withdrawals from casinos that accept them back into your wallet. To deposit your money and input the deposit amount at CoinsPaid casino sites, you’ll need the specific CoinsPaid address.
With CoinsPaid, withdrawals are processed quickly—a matter of minutes. It may take the casino a few hours to several business days to process your request. CoinsPaid withdrawal limits and minimums vary by cryptocurrency.
When paying partnered retailers and CoinsPaid online casinos, CoinsPaid is free. Please carefully review the T&Cs as this doesn’t prevent your casino from imposing a fee of its own. Typically, the casino operator will decide whether to apply any fees on withdrawals. Fees for conversions could also apply.
