Coinapult

Coinapult

Coinapult
In Social Media:
Intuitive Ease of use,  Enough secure,  Anonymously trading

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

Traditional Currency Support

  • Euros (EUR)
  • US Dollar (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

  • Web Interface
  • API

Partners and integrated software

  • Mycelium
  • Tender Wallet Bot (Telegram)

Coinapult security levels are exceptionally high. They offer 2FA and a withdrawal white list option. They use an elastic multi-stage wallet strategy ensuring that 80-90% of funds are kept offline and secure. Also, for withdrawals, users are required to pass an enhanced verification process providing proof of the validity of their identification documents.

Summary:

2 Factor Authentication
Yes
Funds Insured
Atleast 80% of funds are kept with a registered"Custodian
Private Keys Stored On
Exchange platform
Storage Type
User funds (80%+) are held in cold storage with a registered"Custodian".

Advanced Security Features:

  • Email reports of logins

Security Features:

  • SSL
  • Protection from DDoS attackes

Legal Registration or Compliance:

  • KYC/AML Compliant

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 c 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
Yes

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