Coinapult
- Overview
- Security
- User Experience
Volume 24H: N
Headquartered in Panama City, Coinapult is a Bitcoin service company that provides secure web-wallet services, tools to send Bitcoin through e-mail and SMS and API-based merchant payment-processing systems for its customers. They handle fiat deposits through CryptoCapital (private Fiat Banking Platform built to support any Crypto Blockchain), offering support for EUR, GBP, USD, gold and silver.
The web interface of Coinapult is easy to use and intuitive even for novices. Its great for users who need to exchange or send Bitcoin quickly and easily. One of Coinapult's neat API features is its integration with Telegram (Tender Wallet Bot), which allows users to send Bitcoin through the in-app chat to other users.
Crypto Currencies Support
- BTC
Traditional Currency Support
- EUR
- USD
Language Support
- English
- Russian
- Spanish
Country Support
- Australia
- Canada
- China
- European Union
- Hong Kong
- Japan
- Most Africa
- Most of Asia
- Most of Eastern European Union
- Most of Latin America
- Most of the Middle East
- New Zealand
- Norway
- Russian Federation
- Singapore
- Switzerland
- Turkey
- United Kingdom of Great Britain and Northern Ireland
- United States of America
Platforms Systems
- — Api
- — Web Interface
Stock Market Options
Coinapult uses hosted multi-signature wallet so they don't provide users with their private keys. Coinapult offers 2FA and uses secured SSL servers for its platform. Funds are secured with Crypto Capital, a licensed money transmitter, which provides guarantees for users funds in segregated accounts.
Summary:
| 2 Factor Authentication | Yes |
| Funds Insured | Atleast 80 Of Funds Are Kept With A Registeredcustodian |
| Private Keys Stored On | Exchange Platform |
| Storage Type | User Funds 80 Are Held In Cold Storage With A Registeredcustodian |
The Coinapult team has been building Bitcoin technology since 2011, providing a secure and easy way to use the Bitcoin platform for everyone. The key people running this company are Ira Miller (CEO), an entrepreneur who has been involved in the Bitcoin realm since 2011, and Justin Blincoe (COO). According to Coindesk, in 2015, Coinapult claimed $40k was lost in a compromise of their hot wallet.
Summary:
Over time, Coinapult has managed to keep up a good reputation as a company developing innovative financial services for the Bitcoin market. Although Coinapult has decent security through it's multi-signature wallet storage policy and its integration with Crypto Capital financial services, users are not in full control over the private keys with this platform.
| Ease of use | Intuitive |
| Transaction Fees | 0.5-0.79% |
| Deposit/Withdrawal Fee | It's Free (fees May Be Hidden) |
| Deposit/Withdrawal Fee For Bank Transfer | N/A |
| Deposit/Withdrawal Fee For Credit Card | N/A |
| Deposit/Withdrawal Fee Charged For 3rd party Payments | $10-195 |
| Anonymous Trading | No |
Deposit/Withdrawal Options:
Deposit using 3rd party, Withdrawal funds through a third party, Send/Receive Crypto
Functionality:
Coinapult offers several services like sending Bitcoin by e-mail or SMS, secure business-grade API for merchant services and ready to use API clients for developers. This platform utilizes multiple exchanges to calculate a crypto index price, generating dynamic bidding and asking prices depending on transaction classes (small, medium, large).
Most common customer complaint:
— Slow transactions