CoinPayments, a global cryptocurrency payment processor, has announced an airdrop launch of its own utility token – the CPS Coin. The company also plans to lower its transaction and conversion fees for token holders and enhance its user interface in 2018.
Founded in 2013, CoinPayments is a global cryptocurrency payment processor with a reach of over 1,000,000 vendors across 182 countries, says the company’s blog. CoinPayments offers a cloud payment solution allowing merchants to accept Bitcoin and hundreds of other coins through their plugins, APIs and point of sale (POS) interfaces.
“CoinPayments has created a special place in the world of cryptocurrency users with intuitive digital wallets, which include shopping cart plugins that can be easily integrated by online merchants making it appealing to their customers” said Alex Alexandrov, founder and CEO of CoinPayments in an interview with Insight Success.
The company is set to launch two mega projects in 2018. Firstly, CPS Coin – the CoinPayments token – will lower transaction and conversion fees for merchants. Secondly, a revamped version of their existing user interface – called CoinPayments 3.0 – will provide online merchants and wallet holders with “even more user-friendly experience” company representatives said.
Airdrop to all users
The CoinPayments team reported to Cointelegraph that the company launched an airdrop of 100 CPS Coins to all current users, as well as new signups on the CoinPayments platform until August 1, 2018. The value for the 100 CPS coins is €10. Any user who purchases CPS coins starting on May 4th will receive two CPS coins for the price of one, or three for one on orders totalling over €500,000 within a 24 hour period.
The CPS Coin is a utility token used within the CoinPayments platform, and provides discounts and rebates for using various CoinPayments services. Users wanting to buy CPS Coins can buy directly from CoinPayments at a rate of €0.10 per token.
There is a wide range of discounts and rebates available for CoinPayments services, including merchant fees,…