The turnover of Cryptoprocessing.com, the processing service of the cryptocurrency ecosystem CoinsPaid, grew fivefold compared with 2019. ForkLog learned this from representatives of CoinsPaid.
Cryptoprocessing.com accepts payments in more than 30 cryptocurrencies and tokens and provides the ability to automatically convert to 20 fiat currencies such as the dollar and the euro.
Cryptoprocessing.com increased turnover thanks to partnerships with betting and gambling companies, such as Ultraplay, BitStarz and TrueFlip.
“When the coronavirus crisis hit, we had a strategic plan focused on media. We appeared at 15 major virtual events. The business is always looking for new ways to cut online payment processing costs, and with Cryptoprocessing.com you can save up to 70%. Probably, that’s why our cryptocurrency B2B solution has become a hit: we started the year with hundreds of B2B clients, and now we have more than 400,” says CoinsPaid CEO Max Krupyshev.
The CoinsPaid CEO added that in 2019 the company processed nearly 1 million transactions for about €250 million. This year — more than 2.7 million transactions totaling €1 billion.
Also in 2020 Cryptoprocessing.com implemented a range of new features and improvements:
- Users do not pay miner fees when sending bitcoins;
- 90% of Bitcoin deposits are credited instantly and do not require block confirmations;
- Optimized payment process with multiple invoice options;
- Flexible pricing plans for clients with different turnover levels;
- Integration with Praxis, Devcode and Betconstruct.
CoinsPaid — a cryptocurrency ecosystem that includes the crypto-processing service CryptoProcessing.com, an exchange, an over-the-counter platform, and a system of hot wallets. The CoinsPaid brand is owned by the Estonian company Dream Finance.
Cryptoprocessing.com became the first crypto-processing service in the world to pass Kaspersky Lab’s blockchain-service security check.
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