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CoinPayments is a mobile wallet which supports a wide variety of cryptocurrencies. The wallet is available on both iOS and Android. Users private keys are stored by CoinPayments but the key is encrypted. There are currently over 910 altcoins supported which is a much wider variety than most wallets. The wallet value can be calculated in 27 different fiat currencies. Users can convert between supported coins. The wallet is not hierarchical deterministic. It does have multi-signature functionality. Users can also enable two-factor authentication for an extra layer of security. There is also a checkout system which merchants can use to facilitate point of sale transactions. The fee for transactions in the checkout system is 0.5% on incoming transactions. Using the CoinPayments API is the same with 0.5% charged on incoming transactions. CoinPayments is tailored more for merchant customers. Overall, everyday users could find a more secure wallet on the market where they have control over their own private keys.

–źdvantages

check_circle Supports a wide variety of cryptocurrencies check_circle Available on both iOS and Android check_circle The wallet can be calculated in 27 different fiat currencies check_circle No fees except for merchant use check_circle In-wallet conversion of supported cryptocurrencies

Limitations

cancel Not hierarchical deterministic cancel No multi-signature functionality cancel Users do not have control of their private keys