Wealth & Finance Business Awards 2017

www.wealthandfinance-news.com 4 Wealth & Finance International - 2017 Business Awards Established in 2013, CoinPayments is the first, and largest, cloud based transfer agent for digital assets, tokens and cryptocurrencies, as well as acting as a wallet service provider and payment processor for merchants and users globally. Alex discusses the firm’s service offering and how it is designed with the needs of its users in mind. “To ensure we meet the evolving needs of our clients in this rapidly advancing industry, here at Coinpayments we have carefully listened to them and try to incorporate their ideas into our service offering. Organic growth and constant innovation are at the center of our corporate identity. Over the years we have built a platform which started off as a hobby and flourished into a multi-national brand. Our platform is exponentially evolving with new features added every day. Each year we have grown more than 1000% in volume and user base since inception. “Initially, Coinpayments accepted Litecoin and Peercoin, because at that time no one else in industry was offering support for cryptocurrencies outside of Bitcoin. We saw a need for a multi-currency wallet solution based on the unprecedented growth of these markets. Since then we have expanded to over 70 different digital currencies. As our userbase started to grow and request these new coins, we added support for wallets and exchanges, along with some banking options through integrations with third parties around the world. Coinpayments provides a wide variety of innovative services, including cold storage, multi-signature, instant confirmations, plugins for easy integration of our payment features and merchant tools, vaulting for long term storage, and many more features to be rolled out in the coming months. Most were created as part of our constant evolution based on user requests and feedback from the industry. “Onboarding of new clients at our company is a very personalized and custom-tailored service. With regards to ICOs, we establish new parameters with each incoming company and create a mutually beneficial services package based on specific needs. Our goal at Coinpayments is to adapt and expand our capabilities by continuing to pave the way in a new era of financial technology.” Discussing the services the company now provides, Alex is proud to highlight how every aspect of Coinpayments’ offering is designed to be at the very cutting edge of industry developments. “Our open-source API (Application Programming Interface) allows any user to simply integrate our platform online today, or program using our open API and merchant tools to accept digital currencies as payment for products or services offered. We offer the lowest fee in the industry, at only 0.5% for merchant transaction fees while providing free wallet services to hold or send cryptocurrencies. We created a one stop solution for accepting payments, storing over 70 different cryptocurrencies and conversion between them with a single login credential. Every user account is additionally protected with a Two-factor Authentication system for extra security. “In addition to our host of services for merchants and users, we have developed a robust and secure escrow service which supports ICOs (Initial Coin Offerings). Our longstanding reputation for integrity and trust in the community makes us the best choice for Escrow services and builds confidence for investors where concerns of the handling of their funds are present. The technical support and backend features developed for the CoinPayments developers offers unparalleled ease of integration and seamless offerings. We also offer offline secure storage of funds to these ICO projects to ensure the highest level of safety during the fundraising process. “Typically, our clients include online merchants, “hodlers” (those storing cryptocurrency), and ICO crowdfunding organizations. We scrutinize all ICOs which approach us and select only those which meet strict criteria. Due to the volume of ICO’s using our services, and unfortunately those who only claim to be, we have setup two divisions to handle the volume.” It is the firm’s innovative technology and focus on creating new solutions that sets it apart from its competitors and marks it out as a true leader in this fledgling industry. As such, Alex provides us with a detailed account of the firm’s passion for creating new solutions which change the way the industry sees cryptocurrency. Coinpayments is a leader in the rapidly changing payments sector, offering a wide range of services to meet the ever changing needs of its clients. We invited Alex Alexandrov to talk us through the firm and its innovative solutions in more detail and provide us with a fascinating insight into this dynamic and exciting company. CoinPayments BU170011 Company: CoinPayments Inc. Contact: Alex Alexandrov Email: [email protected] Address: 808 Nelson St Suite 1904, Vancouver, V6Z 2H2, Canada Web Address: www.coinpayments.net