How to create a multi-currency wallet on CoinPayments

CoinPayments is a top popular payment platform to support altcoins. Founded in 2013, it was the first payment processor that allows merchants across the globe to accept not only Bitcoin, but also hundreds of other digital currencies. Though this service was original designed for merchants, it can also be used as a convenient wallet and cryptocurrency exchange by regular users. This guide describes how anyone can easily create a multi-currency wallet on CoinPayments.

Content: 
1. Account creation
2. Coin wallets
3. Our conclusion

Account creation

To create an account all you need is a valid email address, username and password. After filling in the required fields and pressing Register button you'll receive the confirmation email. Click the activation link to complete registration.

Please note that every time you are trying to login on CoinPayments, you need to enter the authentication code sent to your registered email address.

Coin wallets 

When you log in into your account for the first time, the platform offers you two options: to open your coin wallet or to create your unique $PayByName tag.

$PayByName is a unique CoinPayment feature allowing its users to move funds between the accounts with no need to use wallet address. All you need to know to send funds to the other person is his $tag.

By clicking wallet button your multi-currency wallet opens. You don't need to enable each currency wallet manually. CoinPayments wallet support more then 1,000 digital coins and you can use all of them at one place. 

Click on the Options button in the Commands section to review all the available functions of your wallet. 

CoinPayments supports many useful features. In this guide we are going to review only the main ones. 

To deposit funds on you CoinPayments account from another wallet you need to generate your deposit address. Click Options – Deposit/Receive and then Add New Deposit Address. 

To send or withdraw funds from your crypto wallet choose the relevant section. In the opened window enter the amount you want to share or withdraw and the bitcoin address or $PayByName tag of the recipient.

Our conclusion 

CoinPayments is a perfect service for those who need to accept altcoins for payment for the goods or services or accept donations. It provides a free multi-currency wallet accepting more then 1,000 digital currencies. It allows customers to send, receive and safely store funds. However, such a wide range of functions, may seem too complicated for the average user. If you are looking for a simple crypto wallet only to receive and send cryptocurrencies, you'd better choose another wallet.