CoinPayments is a cryptocurrency payment processor serving merchants and businesses wanting to accept crypto payments. The platform has been operational since 2013, handling billions in cumulative transaction volume across hundreds of cryptocurrencies.
Risk disclosure: Cryptocurrency payment processors carry counterparty risk. See our full risk disclosure.
What CoinPayments Offers
- Accept 100+ cryptocurrencies as merchant
- E-commerce integrations (Shopify, WooCommerce, Magento, etc.)
- Auto-conversion to fiat or stable coins
- Multi-coin merchant wallet
- API for custom integration
- Business invoicing in crypto
The platform targets merchants rather than individual traders.
Pricing and Costs
CoinPayments fees:
- Merchant payment processing: 0.5% per transaction
- Coin conversion: small spread typically
- Withdrawal: standard network fees + small platform fee
- Volume discounts for high-volume merchants
Competitive pricing for crypto payment processing category.
Use Cases
Appropriate for:
- E-commerce businesses accepting crypto payments
- Service businesses billing clients in crypto
- Cross-border businesses avoiding traditional banking
- Crypto-related businesses needing payment infrastructure
Less appropriate for:
- Individual traders (not the target use case)
- Pure crypto-to-crypto exchange (use spot exchanges)
- Personal money transfer (use specialized services)
Verdict
CoinPayments is a legitimate merchant-focused crypto payment processor with substantial operational history. Appropriate for the specific merchant use case; not relevant for individual trader scenarios.
For trader-focused crypto exchanges, see CoinSpot review, Coins.ph review, Quidax review.
_Disclosure: forexroboteasy.com is operated by the team behind fxroboteasy.com. We have no commercial relationship with CoinPayments._
William Harris is the founding editor of Forex Robot Easy. He has spent over a decade building and reviewing algorithmic trading systems on MetaTrader 4 and 5, with a focus on machine learning, walk-forward validation, and execution mechanics.