iGaming Payment Solutions
CoinsPaid Review
Is It the Right Payment Solution for Your iGaming Business?
By the iGaming Payment Solutions Editorial Team ·
What operators ask about CoinsPaid
Is CoinsPaid legit?
Yes, as an operating business. Dream Finance OU, founded in Estonia in 2014, runs it, and it processed EUR 9.1 billion in 2024. It holds no license of its own, because its Estonian license has lapsed and its MiCA application is still pending at Finantsinspektsioon.
How much does CoinsPaid charge?
CoinsPaid charges a percentage per transaction, with no setup fee and no reserve on crypto.
- Crypto deposits kept in crypto: 0.8-1%
- Conversion into EUR or USD: 1.5%
- FX markup on conversion: 0.5-1%
- Payouts: 0.3% mono-currency crypto, 1% multi-currency, 1-3% fiat
Does CoinsPaid accept USDT?
No. CoinsPaid takes 18 crypto assets across 25 asset and chain combinations, and USDT is not one of them. For stablecoins it takes USDC on four chains plus USDG, EURC and EURS.
CoinsPaid vs CoinPayments: Different Companies
CoinsPaid and CoinPayments are separate companies with no link between them. CoinsPaid belongs to Dream Finance OU in Tallinn and processes crypto for online casinos, which switch it on through ready SoftSwiss and Slotegrator connectors.
CoinPayments takes 40+ coins and sets no minimum volume, while CoinsPaid takes 18 assets with no USDT among them and turns away books under $100k a month.
Monthly minimum
Deposit fee
USDT
EU crypto authorization
News about CoinsPaid
All payment news- Corporate
Dream Finance accounts show revenue down 40% and margin down from 71% to 9%
Dream Finance OU, the entity behind CoinsPaid, reported 2025 revenue of EUR 19,553,633 and profit of EUR 1,744,554, an 8.9% net margin. In 2024 revenue was EUR 32,369,371 and profit EUR 23,098,654, a 71.4% margin.
- Product
Tether is missing from CryptoProcessing's supported assets
The published supported-coins list runs to 18 distinct assets across 25 asset and chain combinations, and USDT is not one of them. Stablecoin cover is USDC on four chains, USDG, EURC and EURS. No notice explains a withdrawal, and the same list carries niche assets such as CasinoCoin and Crypto Snack, so the absence is not a space constraint.
- Corporate
CoinsPaid splits into three companies
The group reorganized into CryptoProcessing by Coinspaid for merchant payments under Max Krupyshev, Coinspaid Solutions for enterprise blockchain infrastructure under Pavel Kashuba, and Coinspaid Dev for engineering under Alexey Tulia. Merchant payments now run at cryptoprocessing.com, while coinspaid.com belongs to Coinspaid Solutions. Stablecoins make up 86% of CryptoProcessing volume.
Quick Info
- Type
- Crypto Processor
- Founded
- 2014
- HQ
- Tallinn, Estonia
- Pricing
- Percentage per transaction
- APMs
- 1818 crypto assets across 25 asset and chain combinations on the published supported-coins page, plus fiat settlement.
- Settlement
- InstantCoinsPaid settles crypto holdings to the operator account, while conversion into EUR or USD runs T+1.
Our iGaming Score: 7.0/10
5 weighted criteria, with Trustpilot shown for context
- iGaming Fit
Gambling served directly, SoftSwiss and Slotegrator connectors, no dedicated gambling team, no direct acquiring
- Weight
- 30%
- Score
- 8.0
- Rating
- Strong
- Geographic Coverage
Global through crypto, 150 countries, no direct acquiring
- Weight
- 22%
- Score
- 5.0
- Rating
- Adequate
- Security & Compliance
No license in its own name, fully automated KYC, no chargebacks on the crypto rail
- Weight
- 20%
- Score
- 5.0
- Rating
- Adequate
- Fees & Pricing
Crypto deposits 0.8-1% per transaction
- Weight
- 16%
- Score
- 9.3
- Rating
- Leading
- Tech & Integration
REST API, onboarding in 3-7 days
- Weight
- 12%
- Score
- 8.5
- Rating
- Strong
- User Trust
3.3 on Trustpilot from 20 reviews
- Weight
- context only
- Score
- 6.6
- Rating
- Adequate
- Overall
- Weight
- 100%
- Score
- 7.0
- Rating
- Strong
We score each provider on 5 weighted criteria using a 1 to 10 scale. iGaming Fit carries the most weight at 30%, because it measures whether and how directly the provider serves gambling. Geographic Coverage gets 22%. Security & Compliance gets 20%. Fees & Pricing gets 16%. Tech & Integration gets 12%. The final score is a weighted average of those 5. Trustpilot is shown for context but carries no weight, since player reviews of casinos are not a read on B2B acquiring quality.
Score Explanation
Pre-built SoftSwiss and Slotegrator connectors and direct service to gambling operators put iGaming Fit at 8, while CoinsPaid has no dedicated gambling team and acquires in no market itself. Crypto deposits priced at 0.8-1% set Fees & Pricing at 9.3. With no license in its own name, Security & Compliance sits at 5 despite fully automated KYC and a chargeback-free crypto rail. Geographic Coverage is also 5, because CoinsPaid's global reach runs through crypto alone and covers players in 150 countries. A REST API and onboarding in 3-7 days bring Tech & Integration to 8.5. User Trust reads 6.6 from a 3.3 Trustpilot rating on 20 reviews.
Who Is CoinsPaid Best For?
The operator profiles that fit, and the ones that do not
Recommended For
- SoftSwiss and Slotegrator crypto casinos. A ready connector on either platform replaces a custom build, so a Curacao-licensed casino can switch crypto on and go live in days.
- Casinos with 30%+ of deposits in crypto. Once crypto carries 30% or more of your deposits, CoinsPaid can run that whole side of the cashier on one API for deposits, payouts, fiat conversion and mass payouts, while your card processor keeps the fiat side.
Not Recommended For
- EU operators that need a MiCA-authorized CASP. CoinsPaid holds no EU crypto authorization, while the Bank of Lithuania authorized CoinGate as a MiCA CASP and a payment institution on December 16, 2025.
- Casinos whose players deposit in USDT. USDT is missing from all 25 asset and chain combinations CoinsPaid takes. Finassets is built around USDT on TRC-20 and charges 0.40% under $1M a month.
- Small crypto books. Below $100k a month in crypto deposits, CoinsPaid turns the account away, SoftSwiss and Slotegrator casinos included. NOWPayments sets no minimum and onboards in 1-3 days.
- Card and bank-transfer-led casinos. Cards, bank transfers and e-wallets need a second processor, because CoinsPaid takes crypto only. Nuvei covers 720+ methods at 1.5-3.5% per deposit.
- Boards that screen out breached partners. Lazarus Group has breached CoinsPaid twice, for $37.3 million in July 2023 and $7.5 million in January 2024, so CoinsPaid does not pass due diligence where your board requires a clean operational history from payment partners.
Geographic Coverage
Per-market verdict, regions, and market focus
Coverage Analysis
CoinsPaid serves operators licensed by the MGA, Curacao and Estonia, takes deposits from players in 150 countries and settles in crypto, EUR or USD. SoftSwiss casinos, which mostly serve Europe and the CIS, make up the core of its client base. Europe is the operational base for conversion and settlement. Compliance tooling and account management are built for EU-facing operators.
Regional Breakdown
Europe and the CIS: MGA and Estonian licensees settle their crypto deposits in EUR, and SoftSwiss casinos serving these markets switch CoinsPaid on through the platform connector, though the processor has held no EU crypto authorization since July 1, 2026.
Asia: CoinsPaid reaches Asian players through the Slotegrator casinos that serve them, and local bank and wallet deposits there need another provider.
Latin America, Africa and the Middle East: CoinsPaid runs no localized support or compliance infrastructure in these regions. An operator whose Latin American players pay by Pix or SPEI fits AstroPay, which loads its wallet through Pix in Brazil and SPEI and OXXO cash in Mexico.
Gambling Licenses Served
- MGA
- Curaçao
- Estonia
Key Features for iGaming Operators
Products, payment methods, and verticals
Key Products
- Crypto Gateway
- Fiat settlement
- Operator tools
CoinsPaid sells operators four products. The CryptoProcessing gateway is the one a casino signs for: crypto deposits and payouts through one API, conversion into fiat, settlement in EUR or USD and an OTC desk for large conversions. The Business Wallet is a corporate crypto wallet for treasury that works without an API integration. Crypto SaaS runs the whole CoinsPaid processing stack under another company's brand, which suits a group that wants to sell payment processing itself. CPD is the group's ERC-20 utility token, used to pay processing fees at a discount. For a casino that only needs crypto in the cashier, the gateway is the whole relationship.
Payment Methods
Players pay CoinsPaid only in crypto, across 18 assets and 25 asset and chain combinations. The coins are BTC, ETH on mainnet, Arbitrum and Base, LTC, BCH, XRP, ADA, SOL, TRX, DOGE, BNB on BSC, WBTC and niche tokens such as CasinoCoin and Crypto Snack. The stablecoins are USDC on four chains, USDG, EURC and EURS. USDT is not among them, while BTC, ETH and USDT carry more than 90% of crypto gambling transactions. On the settlement side CoinsPaid converts crypto into 40+ fiat currencies, and operators take their settlement in EUR or USD.
Verticals
Gambling operators bring in more than 80% of CoinsPaid's revenue, and the only other vertical it serves is crypto businesses. CoinsPaid runs no dedicated gambling desk, and every account, casino or not, gets a dedicated account manager.
- iGaming
- Crypto
- Deposit ProcessingAvailable
18 payment methods, Instant
- Withdrawal / PayoutAvailable
Instant / 24h
- Instant WithdrawalsAvailable
Instant / 24h
- KYC / AML Built-inAvailable
Full auto
- Chargeback ProtectionAvailable
No chargebacks (crypto rail)
- Multi-CurrencyAvailable
18 crypto, EUR, USD
- API IntegrationAvailable
REST API + SDK + hosted page
- Crypto SettlementAvailable
Crypto settlement
- Local Payment MethodsNot available
Not offered first-party
- iGaming SpecializationAvailable
500+ casino operators, 80%+ of revenue from gambling, ready SoftSwiss and Slotegrator connectors
- Geographic CoverageAvailable
150 countries across Global (crypto)
Pricing & Fee Structure
Fee structure and pricing model
Rate Card
0.8‑1%CoinsPaid sets each merchant's rate inside the band. Conversion into EUR or USD costs 1.5%, plus a 0.5-1% FX markup.
0.3‑1% cryptoMono-currency crypto payouts cost 0.3% and multi-currency payouts 1%. Fiat payouts cost 1-3%.
InstantCoinsPaid settles crypto holdings to the operator account, while conversion into EUR or USD runs T+1.
1818 crypto assets across 25 asset and chain combinations on the published supported-coins page, plus fiat settlement.
None on crypto
0.5-1%
0 / noneA dormant account pays a $25 monthly inactivity fee after 90 days without transactions.
$0
Yes
Pricing Details
CoinsPaid charges a percentage per transaction and sets each merchant's crypto processing rate inside a 0.8-1% band. Mono-currency deposits, where the player sends BTC and the operator keeps BTC, start at 0.8%, and multi-currency deposits, where the operator takes ETH, cost 1%. Conversion into fiat costs 1.5%, and a 0.5-1% FX markup comes on top, so a deposit settled in EUR or USD costs 2-2.5% all-in. Payouts cost 0.3% in the same coin, 1% across coins and 1-3% in fiat. There is no setup fee, no integration fee and no monthly fee while the account trades, and a $25 monthly inactivity fee starts after 90 days without transactions. CoinsPaid holds no rolling reserve on crypto. Processing fees paid in CPD, the group's token, get a discount of up to 50%, which takes a 0.8% deposit fee to 0.4%. At $500k a month of crypto converted into EUR at list price, fees come to $7,500 for conversion plus $2,500-5,000 in FX, or $10,000-12,500 in all. On coins kept in crypto, the band sits above XAIGATE at 0.2% on its standard plan and tops out at the 1% where NOWPayments starts. The gap pays for the casino-platform connectors on SoftSwiss and Slotegrator and an account manager on every account.
Negotiation Tips
Ask where inside the band your rate lands, because CoinsPaid sets it merchant by merchant. The settlement currency moves your bill more than the rate does: every dollar you keep in the coin the player sent skips the conversion fee and lands on the mono-currency rate. Push for volume discounts at the $500k and $1M monthly marks, and above $1M negotiate the conversion rate itself. Get the FX spread for your settlement pair written into the contract, since the markup stacks on the conversion fee. If you pay fees in CPD, buy the token in small batches against each monthly bill. It sold at $0.02 in its August 2021 IDO and now trades near zero with minimal liquidity.
Speed & Settlement
Transaction processing and settlement timelines
- Deposit
- Instant
- Withdrawal
- Instant / 24h
- Settlement
- InstantCoinsPaid settles crypto holdings to the operator account, while conversion into EUR or USD runs T+1.
- Settlement currencies
- Crypto + EUR/USD
- Refunds
- Instant crypto / 24h fiat
CoinsPaid credits a crypto deposit once the chain confirms it. One Bitcoin confirmation takes 10-20 minutes, while ETH and USDC on Arbitrum and Base settle in seconds at lower gas cost than mainnet Ethereum. Conversion into fiat runs as soon as the deposit confirms. Crypto payouts to players go out instantly and fiat withdrawals within 24 hours, and mass payouts run instantly or in CSV batches of up to 100 transactions for affiliate commissions and promotional credits. Settlement to the operator is instant for crypto holdings and T+1 for balances converted into EUR or USD. NOWPayments settles fiat conversion T+1 to T+3, and BitPay settles EUR T+1 by SEPA and USD T+2 by ACH.
Integration & Tech
Developer experience and technical capabilities
- API Type
- REST API + SDK + hosted page
- Onboarding
- 3-7 days
- Sandbox
- YesFull sandbox
- Mobile SDK
- Yes
- White-Label
- NoCoinsPaid opens checkout theming under the operator's brand only to large enterprise accounts. On other accounts the hosted page shows a CoinsPaid-branded checkout.
- Docs Quality
- Good
Integration Time
1-2 weeks
Pre-Built iGaming Integrations
- SoftSwiss
- Slotegrator
Integration Assessment
CoinsPaid runs one REST API with webhooks for deposits, withdrawals, fiat conversion, mass payouts and transaction monitoring. Casinos on SoftSwiss and Slotegrator switch CoinsPaid on through pre-built connectors and go live in days, while a custom backend takes 1-2 weeks. Onboarding runs 3-7 days and covers KYB, compliance review and sandbox provisioning, which sits between NOWPayments at 1-3 days and Nuvei at 2-4 weeks. On the hosted page players see a CoinsPaid-branded checkout, and through the API or a platform connector they see a deposit address inside the casino cashier. Checkout theming under the operator's brand is open only to large enterprise accounts.
Risk & Compliance
Licensing, fraud prevention, and regulatory compliance
Supported Gambling Licenses
- MGA
- Curaçao
- Estonia
- KYC/AML Automation
- Available. Full auto
- Chargeback Protection
- Available. No chargebacks (crypto rail)
Licenses and Registrations
- ESMA CASP registerCASP entrynot held
The group serves clients through non-EU entities since the Estonian registration ceased to be valid on July 1, 2026.
- Estonian FIUVirtual currency service provider licencecancelledDream Finance OUFVT000166until 1 Jul 2026
Virtual currency exchange and wallet services. Estonia's MiCA transitional period ended without a grace period or a replacement authorization.
- Estonian FSACASP authorisation (MiCA)pendingDream Finance OU
The company takes on no new clients, accounts or agreements and runs no active EEA marketing while it waits.
- ISOISO/IEC 27001
Certified by Bureau Veritas.
- CCSSCCSS Level 3since 2026
Certified by Hacken, covering key management and wallet infrastructure.
- FCIS LithuaniaVASP registrationcancelleduntil Jan 2026
Lithuanian operations stopped when the country's transitional arrangements for virtual asset service providers gave way to MiCA.
- Fraud Prevention
- KYB/AML audits
- Responsible Gaming
- YesAPI integration
- Tokenization
- Yes
- Dispute Resolution
- Dedicated manager
Compliance Context
CoinsPaid holds ISO/IEC 27001 certification from Bureau Veritas and, since 2026, CCSS Level 3 from Hacken, the highest level of the CryptoCurrency Security Standard, covering key management and wallet infrastructure. KYC runs fully automated with blockchain risk scoring, and Chainalysis and Crystal Blockchain screen deposits on-chain for AML. Since August 2026 StarCompliance has handled digital asset risk reviews, asset restriction cases and support for recovering stolen assets for CryptoProcessing. The operator carries no chargebacks on crypto deposits. North Korea's Lazarus Group stole $37.3 million from CoinsPaid in July 2023 after 6 months of reconnaissance, in which the attackers approached staff with fake job offers until one employee downloaded malicious code during a fake interview. In January 2024 the same group took $7.5 million with a similar social engineering method. No client funds were lost in either attack. CoinsPaid then moved its reserve funds into Ledger Enterprise cold storage.
Regulatory Position
CoinsPaid holds no payment or crypto license in its own name, and the MGA, Curacao and Estonian licenses it serves belong to its casino clients. Dream Finance OU's Estonian virtual currency service provider license, FVT000166, covered virtual currency exchange and wallet services. It ceased to be valid on July 1, 2026, when Estonia's MiCA transitional period ended with no grace period and no replacement authorization. The MiCA CASP application, made public on June 30, 2026, is under review at Finantsinspektsioon, and while it waits Dream Finance OU takes on no new clients, accounts or agreements and runs no active EEA marketing. The Lithuanian VASP registration ended in January 2026, when Lithuania's transitional regime gave way to MiCA, and Dream Finance entities in El Salvador and Poland have been liquidated. The group now serves clients through non-EU entities in Delaware and Canada.
About CoinsPaid: Company Background
Company and product information
- Company Name
- CoinsPaid
- Headquarters
- Tallinn, Estonia
- Founded
- 2014
- Employees
- 200+
- Company Type
- Private
- Product Type
- Crypto Processor
- Licenses
- ISO ISO/IEC 27001, CCSS CCSS Level 3
- Key Products
- Crypto Gateway, Fiat settlement, Operator tools
- Website
- cryptoprocessing.com
- Supported Verticals
- iGaming, Crypto
- Integration Type
- REST API + SDK + hosted page
- Settlement Speed
- Instant
- Onboarding Speed
- 3-7 days
- Named iGaming Clients
- Skythor N.V., 7Bit Casino, King Billy, PlayAmo, Joo Casino, Golden Star Casino, GunsBet, iWild Casino, Vavada
Company History
2014: The company behind CoinsPaid was founded in Tallinn, Estonia, to build crypto payment infrastructure.
2018: The CoinsPaid brand launched, with online gambling as its primary market.
June 2022: Alexander Horst Riedinger became the 100% owner of Dream Finance OU, the private Estonian company behind CoinsPaid.
2023: Transaction volume reached EUR 7.9 billion, and the client base passed 500 casinos. In September, Estonia renewed license FVT000166 under its tightened crypto regime after a 15-month process.
2024: CoinsPaid processed EUR 9.1 billion. Dream Finance OU earned EUR 23.10 million on EUR 32.37 million of revenue, a 71.4% net margin.
2025: Revenue fell 40% to EUR 19.55 million, and profit fell to EUR 1.74 million, an 8.9% net margin.
July 14, 2026: The group split into three independent companies. CryptoProcessing by Coinspaid took merchant payments under Max Krupyshev, and stablecoins made up 86% of its volume at the split. Coinspaid Solutions took enterprise blockchain infrastructure and the coinspaid.com domain, and Coinspaid Dev took engineering.
What Users Say About CoinsPaid
20 reviews on Trustpilot
The remaining 5% are 2-4 star reviews.
Review Analysis
CoinsPaid holds a 3.3 rating on Trustpilot from 20 reviews, and the split is sharp: 60% five-star and 35% one-star. The five-star reviews cite stable platform performance, fast transactions and responsive support.
Context for Operators
Players deposit through the casino's cashier and never contract with CoinsPaid, which keeps the review count low.
Named iGaming Clients
Skythor N.V., 7Bit Casino, King Billy, PlayAmo, Joo Casino, Golden Star Casino, GunsBet, iWild Casino, Vavada
More than 800 merchants use CoinsPaid, 500+ of them online casinos, and together they run more than 800,000 transactions a month. Wild Casino, Cloudbet and Bitcasino also take crypto through CoinsPaid.
Operational Details
Business terms, contracts, and support
- Dedicated Account Manager
- Dedicated account manager
- Minimum Monthly Volume
- $100k+CoinsPaid turns away operators that take less than this in crypto deposits a month, SoftSwiss and Slotegrator casinos included, and negotiates each merchant's own minimum above it.
- Contract Lock-In
- No lock‑in
- Migration Support
- Yes
- Min/Max Transaction
- $1 - $250,000
- Mass Payouts
- Instant + batch · 100 txns per batch (CSV). Per‑tx limits configurable per account. Multi‑user approval for large withdrawals.
- Biometric / One-Click
- Yes
- Reporting
- Daily CSV + dashboard
CoinsPaid takes books from $100k a month in crypto deposits, negotiates each merchant's own minimum above that floor and signs with no lock-in, so an operator can leave in any month and gets migration support on the way in. On $1M a month there is no reserve to lock, and conversion into EUR or USD at T+1 keeps 1 day of converted deposits, $33,333 on a 30-day month, in transit. Crypto kept in crypto settles instantly and holds nothing back. A dormant account pays $25 a month after 90 days without transactions.
Frequently Asked Questions
10 questions about CoinsPaid
Instantly for crypto, and within 24 hours for fiat withdrawals. Mass payouts go out singly or by CSV file in batches of up to 100 transactions.
Crypto holdings settle instantly, and crypto converted to EUR or USD settles T+1.
A casino on SoftSwiss or Slotegrator goes live in days on the pre-built connector, and a custom API integration needs 1-2 weeks. Onboarding, with KYB and compliance review, takes 3-7 days.
$100k a month in crypto deposits. The floor holds for SoftSwiss and Slotegrator casinos too, each merchant's own minimum is negotiated above it, and the contract carries no lock-in.
CoinsPaid takes crypto from players in 150 countries, and its clients hold MGA, Curacao or Estonian licenses. It runs no local acquiring anywhere and no localized support in Latin America, Africa or the Middle East.
Yes, twice. In July 2023 North Korea's Lazarus Group took $37.3 million, and in January 2024 it took $7.5 million, both times through social engineering aimed at staff. No client funds were lost.
No. Players pay only in crypto, and CoinsPaid converts deposits into EUR or USD for the operator. Card and bank deposits need a second processor, such as Nuvei with 720+ methods.
Alexander Horst Riedinger has owned 100% of Dream Finance OU, the Tallinn company behind CoinsPaid, since June 2022. Since July 14, 2026, merchant payments run through CryptoProcessing by Coinspaid, led by Max Krupyshev.
CoinsPaid starts crypto deposits at 0.8% and NOWPayments at 1%, but NOWPayments has no minimum and needs 1-3 days to onboard, while CoinsPaid needs $100k a month and 3-7 days. NOWPayments lists 350+ coins, and CoinsPaid takes 18 with no USDT. CoinsPaid fits a SoftSwiss or Slotegrator casino above $100k a month, and NOWPayments fits a smaller book that needs a wide coin list and no minimum.
CoinGate, wherever the regulator demands an authorized crypto counterparty. CoinGate's MiCA authorization comes from the Bank of Lithuania and dates from December 16, 2025, while CoinsPaid has had none since July 1, 2026 and still waits on its own application. CoinGate charges 1% on its Standard plan and settles once a week, while CoinsPaid settles crypto instantly and converted fiat T+1. CoinsPaid fits an offshore casino on SoftSwiss or Slotegrator, and CoinGate fits an EU-licensed book that needs an authorized counterparty.
Our Verdict: Should You Use CoinsPaid?
Final assessment for iGaming operators
Overall iGaming Score
Summary
CoinsPaid gives an offshore crypto casino a ready connector on SoftSwiss or Slotegrator, no reserve and instant settlement on the coins it keeps. Its automated KYC and on-chain AML screening hold up, while licensing, the security record and the finances are the weak points. CoinsPaid holds no license of its own, and its net margin fell to 8.9% in 2025. The deal works for a book that settles mostly in crypto.
Strongest Point
A SoftSwiss or Slotegrator casino goes live on CoinsPaid in days through a ready connector, while a custom API build takes 1-2 weeks.
Key Limitation
North Korea's Lazarus Group breached CoinsPaid twice inside 6 months, the first time in July 2023 through malware an employee downloaded in a fake job interview, the second in January 2024 through a similar social engineering method.
Recommendation
Sign with CoinsPaid if you run an offshore-licensed casino on SoftSwiss or Slotegrator that clears the monthly floor and whose players deposit in coins other than USDT. Before you sign, have the contract name the group entity you contract with, because Dream Finance OU signs no new clients while its MiCA application is pending and the group serves clients through its Delaware and Canada entities.
Pros
- Crypto payouts to players leave instantly, and mass payouts for affiliate commissions and promotional credits go out by CSV, up to 100 transactions a batch.
- No rolling reserve and no chargebacks on crypto leave every confirmed deposit in the operator's hands.
- Crypto deposits cost 1% at most, which is where NOWPayments starts and what CoinGate charges on its Standard plan.
- Paying a player in the same coin the operator already holds costs 0.3%, while fiat payouts cost 1-3%.
- A casino can route part of its crypto book through CoinsPaid and walk away at no cost, since the contract carries no lock-in, no setup fee and no integration fee.
Cons
- A $37.3 million theft in July 2023 and a $7.5 million theft in January 2024, both by the same attacker, put a security question into every diligence file on CoinsPaid.
- Without an EU crypto authorization, CoinsPaid is ruled out for any operator whose license requires a MiCA-authorized processor.
- The gateway takes no USDT, although USDT, BTC and ETH carry 90%+ of crypto gambling transactions.
- A $100k monthly floor in crypto deposits applies to every merchant, SoftSwiss and Slotegrator casinos included.
- Fiat-settled deposits cost 2-2.5% all-in once conversion and FX are added, at least twice the rate on coins kept in crypto.
- Converted balances settle T+1, which keeps $33,333 of a $1M month in transit on a 30-day month.
- Dream Finance OU's revenue fell 40% in 2025 to EUR 19.55 million and its net margin to 8.9% from 71.4%.
Ready to evaluate CoinsPaid for your business?
CoinsPaid vs. Alternatives: How It Compares
Similar payment processing solutions
CoinGate and BitPay take the operators CoinsPaid cannot serve on licensing grounds. CoinGate is authorized under MiCA in Lithuania, and BitPay holds a MiCA authorization from the AFM plus a NYDFS BitLicense. NOWPayments and CoinPayments set no minimum volume, so they take crypto books of any size. Finassets suits an offshore casino whose players pay in USDT, with its rate stepping down to 0.20% above $15M a month. Nuvei belongs beside CoinsPaid, or in its place, when cards and local methods carry the deposits.
When to Choose an Alternative
- NOWPayments
Choose NOWPayments if your players hold coins beyond the 18 CoinsPaid takes. It lists 350+ coins and onboards in 1-3 days with no minimum volume.
- CoinGate
Choose CoinGate if your license requires a MiCA-authorized processor. It has held a CASP authorization from the Bank of Lithuania since December 16, 2025 and charges 1% on its Standard plan, which settles once a week.
- BitPay
Choose BitPay if you need a counterparty with US licenses, since it holds a FinCEN MSB registration, a NYDFS BitLicense and state money transmitter licenses. You commit to $200k a month and a 12-month lock-in.
- CoinPayments
Choose CoinPayments if 0.5-1% on crypto deposits, against CoinsPaid's 0.8-1%, matters more than casino-platform connectors and its 40+ coins cover what your players hold. It also sets no minimum volume.
- Nuvei
Choose Nuvei if cards and local methods carry most of your deposits. It covers 720+ methods at 1.5-3.5% a deposit, with a $500k+ monthly minimum, a 12-month lock-in and a 5-10% reserve for 6 months, and it can sit beside CoinsPaid for the crypto share.
Trustly
Paysafe- iGaming score 7.0 out of 10
NOWPayments
Crypto Gateway- Deposit Fee
- 1%
- Settlement
- T+0 - T+3
- Methods
- 350+
- Trustpilot
- 4.5/5
- iGaming score 6.5 out of 10
CoinGate
Crypto Gateway- Deposit Fee
- 1%
- Settlement
- T+7
- Methods
- 13
- iGaming score 6.9 out of 10
BitPay
Crypto Gateway- Deposit Fee
- 2% + $0.25
- Settlement
- T+1 - T+2
- Methods
- 100+
- Trustpilot
- 1.2/5
- iGaming score 6.4 out of 10
CoinPayments
Crypto Gateway- Deposit Fee
- 0.5‑1%
- Settlement
- Instant
- Methods
- 40+
- Trustpilot
- 3.7/5
Related Reading
Operator guides and analysis relevant to evaluating CoinsPaid.
- How to Get a Gambling Merchant AccountGuide →
- High-Risk Payment ProcessingGuide →
- Crypto Payment GatewaysGuide →
- iGaming Payment ProcessingGuide →
- Gaming Payment GatewayGuide →
- Card Acquirers vs Crypto Rails for iGamingRead →
- Crypto Travel Rule for iGamingRead →
- Stablecoin Settlement and Payouts for Gambling OperatorsRead →
- Curaçao Reform vs Anjouan 2026Read →
End of Report. CoinsPaid Provider Assessment Report 2026
Prepared and reviewed by the iGaming Payment Solutions Editorial Team ·