Special Rate for Coinmotion Fiat Settlement

CoinPayments is happy to announce that one of our fiat settlement providers – Coinmotion – is now offering our users a special discounted rate on their fiat settlement fees! The new rate, effective immediately, is only 0.5% for fiat settlements to EURO. All CoinPayments merchant accounts are eligible for this special rate, so start saving on your settlement fees today! How to Get the New Discounted Rate? This special discounted fee can be applied to your Coinmotion account by either sending a message to Coinmotion support (available when logged in)…

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CoinPayments + Wyre Partnership

Settle Crypto Payments to Fiat Quickly and Easily CoinPayments is excited to announce a new partnership with Wyre – a fiat settlement service we have integrated into our platform, allowing our merchants to convert their crypto to USD, CNY, BRL and MXN and automatically wire it to their bank accounts. The Wyre platform leverages blockchain technology to build the fastest and most cost-effective way to transfer money internationally, with no strings attached! Instead of struggling with expensive fees and questionable security, Wyre allows you to send money 8 times cheaper…

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Official CoinPayments Ripple Theft Statement

On June 5th, 2017 a Ripple theft occurred on the CoinPayments platform due to an error that allowed a few users to withdraw excessive XRP from hot wallet XRP accounts. Due to the rarity of the circumstances, this issue was difficult to detect. CoinPayments has done a full review of our systems and added additional checks and protections to ensure similar issues do not occur again in the future. This isolated incident was the first of its kind on our platform and affected only ripple wallets which were not taking…

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