What is CoinsPaid?
CoinsPaid is an online payment method and a crypto wallet. It is used to store cryptocurrencies and process blockchain transfers. The brand is owned and run by Dream Finance OU.
CoinsPaid is registered and licensed in Tallinn, Estonia. The crypto wallet has been online since 2014. It was the first crypto payment option to pass the Kaspersky security audit.
The brand is not just a payment processor. It is a whole ecosystem of various services. These include
- OTC desk and Exchange
- Crypto processing
- B2C wallet
- White-label solution
- Business wallet.
CoinsPaid handles more than 30 cryptocurrencies including BTC, ETH, and LTC. Moreover, you can use it to store over 20 fiat currencies. These include USD, GBP, CAD, and JPY among others.
With CoinsPaid, you can make both offline and online transfers. Notably, the company has great future plans. They plan to allow cash outs from crypto wallets via the CoinsPaid card.
Currently, the brand partners with over 200 collaborators including gambling sites. The CoinsPaid website is optimized for mobile use as well. This way, you can use it for mobile payments.
The crypto wallet can also be used to store different virtual currencies. With it, you can transact in different currencies. Additionally, you can run direct subscriptions and debits.
CoinsPaid enables you to convert crypto to fiat and vice versa. The main drawback to fiat currencies is that governments dictate how much is circulated and printed. So, governments can easily manipulate their values.
But since cryptos are decentralized for blockchain payments, you get to avoid such discrepancies.
Regarding online casinos, CoinsPaid is a gateway connecting a casino with your crypto wallet. With a funded CoinsPaid account, you can easily fund your casino account. Inversely, you can top up by converting your crypto to fiat.