CoinPayments Wallet
Cryptocurrency wallets
Blockchain software
Cryptocurrency software
- Features
- Ease of use
- Ease of management
- Quality of support
- Affordability
- Market presence
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Pay-as-you-go
Free Trial unavailable
Free version
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- Retail and wholesale
- Accommodation and food services
- Agriculture, fishing, and forestry
What is CoinPayments Wallet
CoinPayments Wallet is a custodial cryptocurrency wallet and payments platform that lets users store, send, receive, and manage multiple crypto assets from a single account. It is commonly used by individuals and businesses that want a hosted wallet experience and optional merchant payment acceptance features. The product emphasizes broad asset support and account-based access rather than self-custody key management.
Hosted, account-based wallet
CoinPayments Wallet provides a custodial model where the service manages wallet infrastructure on behalf of the user. This reduces the operational burden compared with self-managed wallets, especially for users who do not want to handle private keys directly. It can be simpler to deploy for basic receiving and sending workflows than building or operating blockchain nodes.
Multi-asset wallet support
The wallet is designed to manage many cryptocurrencies within one interface. This can reduce the need to maintain separate wallets per chain or asset type for day-to-day operations. For teams handling diverse crypto payments, consolidated balances and transaction history can simplify reconciliation.
Payments-oriented feature set
CoinPayments is positioned around crypto payments use cases, not only storage. For merchants, this can align wallet operations with payment acceptance and settlement workflows. This focus can be useful when the primary requirement is receiving customer crypto payments and moving funds onward.
Custodial risk and control
Because it is custodial, users rely on the provider for key management, security controls, and availability. This reduces direct control compared with self-custody wallets and can be a constraint for organizations with strict custody policies. It also introduces counterparty and platform-risk considerations that must be addressed in risk assessments.
Limited transparency on controls
Publicly available, product-specific details on security architecture, audits, and institutional-grade control options may be less explicit than platforms built primarily for enterprise custody. This can make vendor due diligence more time-consuming for regulated or high-volume users. Buyers may need to request documentation on controls, incident processes, and compliance posture.
Fit varies by advanced needs
Organizations needing advanced governance (for example, granular policy engines, complex approvals, or deep integration into treasury operations) may find a payments-first wallet less aligned than purpose-built institutional custody stacks. Integration depth and API capabilities should be validated against required workflows. Asset coverage and network support can also vary over time, requiring ongoing compatibility checks.
Plan & Pricing
Pricing model: Pay-as-you-go Free tier/trial: Personal wallet deposits — FREE for the first $15,000 USD equivalent per month (0.5% after that). No time-limited free trial stated on official site.
Example costs / Fees (official site):
- Payments (Coins on their own blockchain): 0.50% per transaction.
- Tokens (built on existing blockchains): 1.00% per transaction.
- Merchant API (accept crypto payments on website/app): 0.90% per payment.
- ASAP / Nightly settlement modes: 0.50% + network (coin) transaction fee.
- Withdrawals: CoinPayments does not charge a withdrawal commission (users pay blockchain network/miner fees only).
- Conversions (crypto-to-crypto): Conversion partner fee + network fee; site documents different conversion fee levels (e.g., stable-to-stable 1% CoinPayments fee; other conversions may be 1.5% + partner fee).
- Per-asset network (TX) fees: Listed on the official fees page (examples shown on site: BTC TX fee ~0.00001584 BTC; ETH TX fee example listed; actual values vary by asset and network conditions).
Discounts / notes: No subscription tiers; fees are percentage-based per-transaction. Site states first $15,000/month of personal deposits are free; CoinPayments reserves the right to amend fees and limits.
Seller details
CoinPayments Inc.
Vancouver, BC, Canada
2013
Private
https://www.coinpayments.net/
https://x.com/CoinPaymentsNET
https://www.linkedin.com/company/coinpayments/
