Great Wallet for crypto payments
What do you like best?
It gives you a huge selection of cryptocurrencies and tokens to work with making it easier for you to make payments using cryptocurrencies, The transaction fees are low, and with the option to switch your value from one currency to another makes it easy when you need to withdraw funds. Transactions a processed fast making and deposits are also processed in a timely manner. The address book makes it easy to manage addresses. The support for both web and on mobile apps makes it easy to access the service from anywhere. The wallet is secure as it makes use of 2 factor authentication, though you need to make sure your email is secure. It also supports login with trezor which is a very secure crypto-wallet device.The platform offers a store directory which gives you information about merchants that accept crypto currency payments via Coinpaymnents. Coinpaments is easy to integrate to websites for payments and the requirements for you to start receiving funds are as simple as having an account.
What do you dislike?
There is not much detail about the different types of coins so you will have to get those details from different other sources. Recently Coin market has restricted access to its platform to users in several countries like Zimbabwe and will not be supporting use by users from these areas, this has led to users in such areas to start looking for alternatives to go around this challenge.
Recommendations to others considering the product:
This is a good platform for making payments especially in countries where there are challenges with sourcing foreign currency or lake access to platforms like paypal and master card. With cryptocurrency payments processing it gives access to the unbanked.
What problems are you solving with the product? What benefits have you realized?
Making payments with cryptocurrency when it is difficult to source foreign currency and access to banking services is expensive and restricted. Platforms that support payment of services using cryptocurrency are easily supported by coin payments wallet.
