Dear CoinPayments users, As part of our commitment to maintaining and improving our platform’s performance, we occasionally need to conduct routine system maintenance. We are writing to let you know that CoinPayments will undergo a scheduled system update on Saturday, July 29, 2023. The maintenance window will begin at 11 AM Eastern Standard Time (EST), corresponding to 3 PM Coordinated Universal Time (UTC). During this period, our website and certain functionalities will be temporarily unavailable. Our primary goal during this maintenance period is to improve system performance and ensure our…
Read MoreTag: announcement
CoinPayments Makes Waves in Crypto World As It Unveils Its New Logo
As of late, the world seems to have been flipped on its head. Things are changing rapidly, and it has been hard to keep up. We know. And, the true revolutionaries are those who continuously adapt to these new changes. As the world’s leading cryptocurrency payments processor, CoinPayments has embraced innovation. We see change as a positive and essential aspect of the effort to continue to grow. Otherwise, by staying the same, we risk becoming stagnant. We have lived by that philosophy since our founding in 2013, when we made…
Read MoreGUAP Coin
GUAP Coin (GUAP): Is the cryptocurrency for the culture GUAP Quick Stats What is GUAP Coin? GUAP Coin is a decentralized digital coin founded by people of colour that can be traded between peers instantly. GUAP Coin is fast, secure, and highly scalable. Guap Coin is for everybody but our primary mission is to uplift those economic communities that have been left out of the cryptocurrency revolution. GUAP is a next-level initiative that infuses the “Buy Black” movement with blockchain technology to incentivize the black community to invest in itself.…
Read MoreJoin the 2020 World Rainforest Day Movement with CoinPayments
World Rainforest Day 2020 is just around the corner, a day dedicated to putting the spotlight on a major environmental issue that is affecting us all. The Amazon rainforest alone circulates about 20% of the world’s oxygen and remains a crucial ecosystem for our species, and yet these tropical woods continue to be deforested at an accelerating rate. What’s more, almost 15% of global carbon emissions annually are due to clearing of rainforests for animal agriculture, illegal logging, mining, oil drilling and forest fires. PROTECT OUR RAINFORESTS That is why…
Read MoreSpecial 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)…
Read MoreCoinPayments + 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…
Read MoreOfficial 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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