What is CoinsPaid and what do they do?
CoinsPaid is a licensed cryptocurrency payment service provider and payment ecosystem based in Estonia. Founded in 2014, it facilitates secure, fast, and cost-efficient cryptocurrency transactions and bridges between crypto and fiat for businesses and individuals worldwide.
The company offers a comprehensive suite of crypto payment and management products, including payment gateways, multi-currency business wallets, OTC and exchange desks, and SaaS solutions for digital asset operations. Its ecosystem supports over 50 cryptocurrencies and more than 40 fiat currencies, enabling seamless global transactions and conversions.
CoinsPaid’s technology allows companies to accept, process, and settle cryptocurrency payments without requiring deep technical knowledge of blockchain. Merchants can receive crypto payments and automatically convert them to fiat, reducing exposure to volatility. The platform also includes real-time market data tools and automated reconciliation features to simplify crypto accounting and reporting.
The company’s infrastructure is built to meet enterprise-level standards. It incorporates advanced fraud monitoring, multi-layer encryption, and both hot and cold wallet storage. With its regulated status and adherence to EU AML, KYC, and KYB requirements, CoinsPaid positions itself as a compliant and trusted player in the crypto payments space.
Who is it for?
CoinsPaid serves a wide range of clients — from online merchants and iGaming operators to fintechs and enterprises adopting cryptocurrency payments. It also supports individuals seeking secure wallets and exchange functionality.
Its typical business clients are e-commerce platforms, digital service providers, and high-volume online businesses operating globally. In particular, CoinsPaid has gained traction among iGaming and high-risk sectors where fast, borderless payments and alternative currencies are crucial. The company’s solutions appeal to organisations that want to enter or expand in crypto-friendly markets without building infrastructure from scratch.
Why do businesses choose CoinsPaid?
Businesses select CoinsPaid for its combination of security, compliance, and usability. Key strengths include:
- Enterprise-grade security: Multi-layer protection, cold storage for most funds, and independent cybersecurity audits.
- Regulatory compliance: Licensed in Estonia and fully aligned with EU AML/KYC/KYB requirements.
- Transparent pricing: No setup or monthly fees, and clear transaction costs — around 0.8% for crypto transfers and 1.5% for fiat withdrawals.
- Ease of integration: APIs and ready-to-use solutions that enable merchants to accept crypto without blockchain expertise.
- Comprehensive ecosystem: A single environment combining payment processing, exchange, wallet management, and accounting automation.
- Customer support: 24/7 service and dedicated account managers for operational continuity.
- Industry recognition: Multiple awards from EGR, Global Brands Magazine, and Baltic Tech Awards in 2023 for innovation and service quality.
Businesses using Corefy can connect their CoinsPaid MID directly through Corefy’s dashboard, gaining immediate access to this provider without additional development or integration work.
Is CoinsPaid trustworthy?
CoinsPaid maintains a strong reputation backed by verifiable licensing, audits, and compliance practices. It operates under Estonian financial regulations, ensuring transparency and consumer protection. The company regularly undergoes independent security and financial audits.
In 2023, CoinsPaid received several industry awards acknowledging its contribution to advancing secure and compliant crypto payment technology. Its record of consistent performance and adherence to international standards underpins its credibility as a dependable partner for businesses managing digital assets.
How to start using Corefy’s CoinsPaid integration
Connect CoinsPaid via Corefy and manage it alongside other payment providers. Apply routing rules, monitor performance, and centralise reporting without building or maintaining a separate integration.
- Step 2
Connect merchant account
Add CoinsPaid account details and credentials in Corefy’s dashboard to establish a secure connection. - Step 3
Set up routing rules
Define routing rules and logic to optimise transactions processed through CoinsPaid and other PSPs. - Step 4
Go live and monitor performance
Run test transactions, go live, and track your payment performance.
Methods
Supported payment and payout methods available via this connector.
Payments
8Payouts
7Currencies
Currencies available for processing through this connector.
Flows
Supported transaction flows available via this connector.
Features
Functional capabilities supported across available flows.