COINSPAID
The Market-leading Crypto Payment Provider

Max Krupyshev, CEO, COINSPAIDMax Krupyshev, CEO
Globally, there has been a huge spike in companies and people becoming more crypto-friendly as they grew to appreciate the various advantages cryptocurrencies have to offer. For one, fees are much lower and more transparent than with traditional business dealings, where brokers, agents, and legal representatives can add significant complications and expenses to what should otherwise be a straightforward transaction. Further, once a cryptocurrency transfer has been authorized, it can’t be reversed, as in the case of the “charge-back” transactions allowed by credit card companies. This is a hedge against fraud which requires a specific agreement to be made between a buyer and seller regarding refunds in the event of a mistake or return policy. What people are missing now is a highly reliable, easy-to-integrate, safe, and intuitive crypto solution, especially for those new to crypto. That’s where CoinsPaid, a market-leading crypto payment provider, has been immaculate to close the gap.

First launched in 2014, CoinsPaid has over the years become a household name behind an ecosystem of crypto-related products poised to help companies, as well as individuals, fully realize the potential of cryptocurrencies in real-life usage. The main reason behind the company’s upthrust has been Max Krupyshev, who joined as CEO in 2019 and since then has driven CoinsPaid to new heights. The products that the company offers today include Cryptoprocessing, Plug&Pay, Hot Wallet, Crypto exchange and OTC Desk, White Label CoinsPaid, and CoinsPaid Explorer.

The Cryptoprocessing by CoinsPaid is a cryptocurrency payment gateway that integrates into the business models, websites, payment systems, etc., of companies via an API, which allows the latter to accept crypto payments from their customers.

There are more than 30 cryptocurrencies and 20 fiat currencies that can be bought and sold

Just like PayPal, Credit Card, or others, it’s listed in addition to these “traditional” options. The funds can either be swapped for normal currencies and deposited into the business’s bank account or can be kept as the crypto to either hold or trade, depending on the company’s preference. Second in line is Plug&Pay tool that allows online casinos and gaming customers to automatically top up their deposits and continue playing without interruptions.

CoinsPaid also provides a real-time internal transaction browser, and cryptocurrency wallet, Hot Wallet that allows both companies and individuals to hold cryptocurrencies (50+ different coins, like bitcoin, ethereum, etc.) and fiat currencies (euro, dollar, British pound, etc.). “By leveraging our crypto trading platform, clients can easily exchange crypto. There are more than 30 cryptocurrencies and 20 fiat currencies that can be bought and sold. The OTC Desk also allows companies to trade larger amounts more freely and with lower fees,” adds Mr. Krupyshev. Further, CoinsPaid offers White Label options which allow clients to put their own brand name as opposed to having the CoinsPaid name on the crypto payment gateway.

Most recently, the company launched its first IDO (Initial DEX Offering) and with it, the CoinsPaid token (CPD). This is the company’s first successful release in DEX, as they aim to bridge business and DeFi, and bring together the crypto community under one hood. The CPD is a multichain utility token that offers both B2B and B2C clients many advantages, such as new investment opportunities and discounts on fees for both CPD and other crypto transactions. There are regular token burning events to minimize overloading the market. One of its biggest supporters is SoftSwiss, a billionaire dollar company, who will offer CPD to to thousands of its users.

Being the #1 crypto payment solution in iGaming and a reliable solution that clients trust, CoinsPaid’s solution is very straightforward. “We’ve prepared a lot of onboarding material to help companies integrate it into their products,” says Mr. Krupyshev. They also assign a team of employees and personal managers to each client. Among other features, CoinsPaid has ensured to include many different security measures, such as the system of hot and cold wallets, 2FA, limits on withdrawals, etc., to safeguard clients’ funds. Also, CoinsPaid is the first crypto payment system and wallet that successfully passed an audit by Kaspersky Labs and 10 Guards. Mr. Krupyshev informs, “With blockchain technology and acceptance of crypto as a means of payment, more luxury brands can reach a wider circle of customers and especially millennials, who are the biggest fans of digital assets.” Whether for fashion or other industries, CoinsPaid’s services open the door for businesses to the booming crypto scene.

COINSPAID News

CoinsPaid Enables Crypto Payments at The Island Private School and Donates €50,000 for Children's Education

TALLINN, Estonia, -- CoinsPaid, an EU-licensed leading crypto payment ecosystem, is honoured to announce a partnership with The Island Private School in Cyprus, aimed at integrating cryptocurrency payments for the school and The Island Charitable Foundation. The foundation was established to support talented students living in Cyprus while providing assistance to children from Ukraine who have sought refuge from the ongoing conflict. Now, parents can effortlessly pay for their children's education using cryptocurrency, while a global audience has the opportunity to make crypto contributions for charity.

To kickstart this significant initiative, CoinsPaid is making a donation of €50,000 to The Island Charitable Foundation. The contribution is aimed at ensuring that all children have equal access to learning opportunities, regardless of their family's financial situation. This represents a significant milestone that underscores CoinsPaid's dual commitment to fostering crypto adoption and supporting children's education.

"In an ever-evolving world where children are often more familiar with crypto than their parents, at CoinsPaid, we firmly believe that children are destined to become true natives in the world of cryptocurrency, and crypto payments will simply become a way of life. We stand firm in our mission – not only to drive the crypto adoption across the industries but also to provide access to top-quality education for future generations" says Max Krupyshev, CEO of CoinsPaid.

"The Island Private School is excited to collaborate with CoinsPaid as we believe this partnership will create tangible benefits for our community. As a forward-thinking institution, we highly value diversity and are committed to providing high-quality education that is firmly grounded in real-time business practices. This partnership not only opens up new financial avenues for our current families, giving them a cheaper payment option but also expands the opportunities for sponsors whose contributions greatly enhance our Foundation's ability to provide support for children from all financial backgrounds, ensuring that they have access to a progressive education. Together with CoinsPaid, we are taking a significant step towards building a future where cryptocurrency and global contributions have a direct impact on educational opportunities." says Anna Filipova, Finance Director of The Island Private School.

CoinsPaid invites the crypto community and industry players to join the noble initiative of donating to The Island Charitable Foundation, emphasising the importance of collective action in supporting education and promoting crypto adoption. To support the Fund, you can visit the official website of the school and click on the "I want to support the fund" button. There, you will be prompted to leave your contact information, and a school representative will get in touch with you to provide further details on how you can contribute to this worthy cause. Together, we can make a tangible difference in the lives of young learners and pave the way for a future where cryptocurrency is an everyday part of people's lives.