Best Wallets Online For Ripple, Litecoin, Bitcoin, Ethereum

Best Wallets For Bitcoin - Cryptopay
Best Wallets For Litecoin - Cryptopay
Best Wallets For Ripple - Cryptopay

CryptoPay is a cryptocurrency-based payment platform that lets you transfer, exchange, and spend your money all over the world. Here’s our Cryptopay review.

What Is Cryptopay?

Cryptopay is a hassle-free bitcoin network that lets you enjoy the benefits of a bitcoin wallet while also accessing extra security benefits. The platform promises to protect you from the volatility of bitcoin while still enjoying its benefits.

You can use Cryptopay to transfer, exchange, and spend your money all over the world. You can do this over the mobile and web apps, or get a Cryptopay debit card that you can use for everyday purchases (it works wherever Visa is accepted).

Cryptopay Ltd. is registered in England. The company was incorporated in late 2013, then began operations in February 2014.

How Does Cryptopay Work?

One of the unique features of Cryptopay is that it offers a flat 1% fee for buying, selling, or accepting bitcoins. There are no other fees involved. You can get started by visiting Cryptopay. Just enter your email into the online form to join.

At the time of writing, Cryptopay claims to have over 330,000 active users, a total of 68,000+ debit cards issued, and over 236,000 transactions processed every month. That makes it one of the most active bitcoin-based payment platforms.

Overall, Cryptopay promises to provide an easy, hassle-free access to the bitcoin network, allowing users to enjoy the benefits of bitcoin without the downsides. You can access cheap transaction fees, transfer fees, and exchange rates, for example, while avoiding the volatility of bitcoin.

The Cryptopay Bitcoin Wallet

Cryptopay’s bitcoin wallet makes it easy to buy, store, and send bitcoins around the world. You can deposit money into your wallet using bank transfers or credit cards. You can also use the wallet to hedge against price fluctuations using

Cryptopay Flex Accounts.

Some of the key features of the Cryptopay wallet include:

Flex Accounts:

You can hold bitcoins securely in a flex account, which lets you hedge bitcoins against major currencies for peace of mind. You can send your bitcoins anywhere, and spend them with businesses that accept cryptocurrency payments.

Free Deposits And Withdrawals:

Deposits and withdrawals are fast, free, and easy with Cryptopay. You can send money from one of 26 countries with the SEPA zone. You don’t need to wait days to receive your funds. They’ll appear in your account by the next business day.
1% Commissions:

Cryptopay charges a flat 1% fee when converting to or from bitcoin. There are no hidden fees or additional charges. As mentioned above, you don’t get charged when you withdraw or deposit.
Bitcoin Debit Card:

Use your bitcoin in the real world with the Cryptopay bitcoin debit card, which lets you withdraw funds instantly from any ATM in your local currency. You can also use this card to make online and offline purchases.
Secure:

Cryptopay offers multisig support (through BitGo) and is fully compliant with the Data Protection Act of 1998. Cryptopay is also registered with the ICO. Two factor authentication (2FA) is also available.

To start using the wallet, you just need to create an account on Cryptopay (enter your name, email address, and primary currency), choose your deposit method (SEPA, USD SWIFT, GBP SWIFT, or voucher code), then begin to use your wallet.

Cryptopay Money Transfers

Cryptopay is an easy and popular way to send money internationally. Sending money is pretty much as easy as sending an email. You just need to open an account, complete the registration process, then get ready to transfer money anywhere in the world. As long as someone has internet access, they’ll be able to receive your payment.
Leverage The Blockchain:

You can enjoy the benefits of the bitcoin payment network, including instant, global, secure, and free payments, without the risk and price volatility.

No Bank Account Required:

Ideally, your recipient will have a bank account they can use to withdraw the money. However, if they don’t, they’ll still be able to accept your payment by ordering a Cryptopay debit card, which then allows them to withdraw money from any ATM.

Send Money Anywhere:

You can transfer money to anyone with internet access.

Ultimately, Cryptopay offers an easy signup process and minimal risk when sending payments internationally. The service converts your payment into bitcoin, then converts it into the receiver’s currency.

Cryptopay Debit Card

The Cryptopay bitcoin debit card lets you use your bitcoins just like you would use an ordinary debit or credit card. You can use it anywhere you use Visa. Cryptopay offers two types of cards, including a physical plastic debit card and a virtual debit card. You’ll need to select whether you want a EUR, GBP, or USD card.

There are fees associated with each card, although the virtual card is obviously cheaper.

Plastic Debit Card

The plastic cards are priced at 15 EUR, 15 GBP, or 15 USD. Cards are delivered free anywhere in the world. Each ATM transaction is priced at 2.25 EUR, 1.75 GBP, or 2.50 USD, although you’ll pay slightly more for international ATM transactions (2.75 EUR, 2.25 GBP, and 3.50 USD). Foreign transaction fees are set at 3%.

In addition to the upfront card price (15), you’ll need to pay 1 GBP, 1 USD, or 1 EUR per month in a service fee. There’s also a loading fee of 1%, and a third party loading fee of 1.99%.

Once you have the card, you can perform an unlimited number of online transactions. Online transactions have no value limits. However, there are withdrawal limits for ATMs and load limits.

The plastic card, obviously, can be used for ATMs and offline shopping.

Virtual Debit Card

Meanwhile, the virtual debit card is priced at 2.50 EUR, 2.50 GBP, or 2.50 USD. It comes with a foreign transaction fee of 3%, a monthly service fee of 1 EUR, 1 GBP, or 1 USD, and a loading fee of 1%. There’s no limit on online transaction volume and value, although there are daily load limits.

Overall, the Cryptopay debit cards are popular for their low fees, free worldwide money transfers, and the ability to be accepted anywhere chips and pins/Visa debit cards are accepted – including most ATMs and merchants.

About Cryptopay

Cryptopay is a London-based bitcoin platform founded in 2013. The company is based at the following address:

92 Wilton Road
London, UK

You can learn more about the company at their LinkedIn page.

Cryptopay Conclusion

Cryptopay is a London, UK-based cryptocurrency platform that lets you buy, sell, and store bitcoins. You can transfer money worldwide to anyone with an internet connection.

You don’t even need a bank account to accept a Cryptopay payment: you can just order the Cryptopay debit card, which is available for 15 EUR/GBP/USD, or for 2.50 EUR/GBP/USD if you order the virtual debit card. The physical debit card can be used at ATMs or wherever VISA is accepted.