iGaming Payment Solutions
CoinsPaid ReviewIs It the Right Payment Solution for Your iGaming Business?
Average
CoinsPaid is the crypto payment processor that 500+ online casinos already use, processing EUR 9.1 billion in 2024. Built in Estonia with SoftSwiss and Slotegrator integrations ready to go, 0.8% deposit fees, zero chargebacks and zero rolling reserves on crypto. The catch that every operator should know about: North Korea's Lazarus Group hacked them twice in six months for a combined $45 million in 2023-2024. They survived, rebuilt security, kept growing. If you run a crypto casino on SoftSwiss, CoinsPaid is likely already on your shortlist.
Quick Info
iGaming Score
Our iGaming Score: 6.3/10
Weighted scoring across six criteria
| Criterion | Weight | Score | Rating |
|---|---|---|---|
| iGaming Fit 500+ casino clients, SoftSwiss and Slotegrator connectors, dedicated iGaming team, 70%+ revenue from gambling | 25% | 4.0 | Below Average |
| Geographic Coverage Europe-focused with global reach. Direct EUR/USD settlement. Limited depth outside EU | 20% | 5.0 | Below Average |
| Security & Compliance Estonian FIU license, ISO 27001, Chainalysis and Crystal Blockchain. Two Lazarus Group hacks are the asterisk | 15% | 7.0 | Good |
| Fees & Pricing 0.8% mono-currency deposits, 0.3% payouts, zero setup. CPD token cuts fees another 50% | 15% | 9.4 | Excellent |
| Tech & Integration Single API, full sandbox, SoftSwiss connector is plug-and-play. 1-2 week integration | 15% | 7.0 | Good |
| User Trust 4.2/5 Trustpilot from 29 reviews. 19 industry awards in 2024 including EiGE Best Payment Provider | 10% | 8.0 | Good |
| Overall | 100% | 6.3 | Average |
We score each provider on six criteria using a 1 to 10 scale. iGaming Fit carries the most weight at 25% because that is what matters most for gambling operators. Geographic Coverage gets 20%. Security and Compliance, Fees and Pricing, and Tech and Integration each get 15%. User Trust rounds it out at 10%. The final score is a weighted average of all six.
Score Explanation
Fees carry the score. 0.8% on mono-currency deposits is the lowest across our six crypto processors. Add the CPD token discount and effective cost drops to 0.4%. Zero rolling reserves and zero chargebacks on crypto transactions make the total cost picture genuinely attractive. Geographic Coverage gets 8.0 because CoinsPaid works globally with strong European infrastructure and direct EUR/USD settlement. Security scores 7.0 based on the Estonian FIU license, ISO 27001 certification and full automated KYC through Chainalysis and Crystal Blockchain. The algorithm measures compliance tooling, not operational track record, so two Lazarus Group hacks totaling $45 million are not captured in that number. iGaming Fit at 4.0 is the score that misleads most. The algorithm penalizes CoinsPaid because its primary vertical label lists Crypto first rather than iGaming. In practice, 70% of revenue comes from gambling operators and 500+ casinos use the platform. That 4.0 does not reflect reality. User Trust at 7.0 reflects a 4.2/5 Trustpilot score from only 29 reviews. Too small a sample to mean anything. The 19 industry awards in 2024 suggest the B2B reputation is stronger than Trustpilot alone indicates.
Who Is CoinsPaid Best For?
Weighted scoring across six criteria
Recommended For
Crypto-native casino operators. Casino operators where 30% or more of deposits come in cryptocurrency. CoinsPaid was built for exactly this use case. The SoftSwiss integration means a casino on that platform can activate crypto deposits in days, not weeks. Over 500 casinos already run on it, which means edge cases and gambling-specific quirks have been worked through.
SoftSwiss or Slotegrator platforms. Anyone running on SoftSwiss or Slotegrator. The pre-built connectors eliminate custom integration work. If your platform is SoftSwiss, CoinsPaid is effectively the default crypto processor. Most competing crypto gateways require custom API work with these platforms.
European-licensed operations. EU-licensed operators who need a compliant crypto processor with proper AML infrastructure. The Estonian FIU license, ISO 27001, Chainalysis integration and automated KYC checks mean your compliance team spends less time screening crypto deposits. MGA and Curacao licensed operators are explicitly supported.
Operators wanting the lowest crypto fees. Volume operators looking for the lowest possible crypto processing cost. 0.8% deposit fee is already competitive. Paying in CPD tokens drops that to 0.4%. Zero rolling reserves and zero chargebacks on crypto mean there are no hidden capital costs eating into margins.
Not Recommended For
Fiat-focused operators. Operators where most deposits come through cards, bank transfers or e-wallets rather than cryptocurrency. CoinsPaid does have a fiat settlement layer, but it is a crypto processor first. For fiat-dominant traffic, Nuvei gives you 700+ methods with smart routing, or Trustly handles European open banking at 0-1%.
Security-paranoid compliance teams. Compliance teams with zero tolerance for security incidents. Two hacks by the same attacker group in six months is a pattern, not an accident. CoinsPaid has rebuilt security since then, but if your board requires a clean operational history for payment partners, this will not pass due diligence.
Small operators under $100k monthly. Operators processing under $100k per month. The minimum volume requirement filters out smaller operations. NOWPayments has no minimum at all and offers faster self-service onboarding. CoinPayments also works without minimums.
Operators needing 100+ payment methods. Platforms requiring a wide mix of payment methods under one roof. CoinsPaid covers 20+ cryptocurrencies and some fiat conversion, not 200+ methods. If you need cards, local bank transfers, e-wallets and crypto all through one integration, Nuvei or Solidgate will serve you better.
Geographic Coverage
Supported regions and market focus
Regions
Coverage Analysis
Europe is home base. The Estonian license and EUR/USD settlement infrastructure mean European operators get the smoothest experience. Direct fiat conversion into EUR works well for MGA-licensed casinos. Global reach exists technically since crypto is borderless, but CoinsPaid's real operational strength is in EU-regulated markets. Asia has some presence through Slotegrator casinos serving Asian markets. Latin America and Africa have minimal direct support. NOWPayments has broader geographic neutrality since they support 350+ coins and work with any market. CoinGate matches the European focus with a MiCA license from Lithuania. For operators outside Europe, CoinsPaid still processes transactions fine since the blockchain does not care about geography, but the compliance tooling and account management are optimized for EU operators.
Regional Breakdown
Estonia and the broader EU market is where CoinsPaid operates best. MGA-licensed casinos get smooth integration because CoinsPaid already supports that licensing framework natively. Curacao operators work too, though the compliance overlay is lighter there. The SoftSwiss connection matters geographically because SoftSwiss casinos tend to serve European and CIS markets, exactly where CoinsPaid has the strongest infrastructure. For Asia, the Slotegrator connector opens doors since Slotegrator serves a lot of Asian-facing operations. But CoinsPaid does not have dedicated local acquiring in specific Asian markets the way Nuvei does. Middle East, Africa and Latin America are technically reachable since anyone with a crypto wallet can transact, but there is no localized support or compliance infrastructure for those regions. If your player base sits in LATAM, AstroPay handles that market. If you need global coverage across fiat and crypto, Nuvei runs in 50+ markets. CoinsPaid is the right choice when your core market is Europe and crypto is a significant portion of your deposit mix.
Licensed Jurisdictions
Key Features for iGaming Operators
Products, payment methods, and verticals
Key Products
Crypto Gateway, Fiat settlement, Operator tools
Four products for operators. CryptoProcessing is the core: a payment gateway that accepts 20+ cryptocurrencies with instant fiat conversion into 40+ currencies. The Business Wallet is a corporate crypto wallet that works without API integration, useful for treasury management. The Crypto SaaS product lets you white-label CoinsPaid's entire processing infrastructure under your own brand. And there is the CPD token, an ERC-20 utility token that gives fee discounts of up to 50% when used to pay processing charges. For most casino operators, CryptoProcessing is the only product that matters. Integrate the API, accept crypto deposits, settle in EUR or USD. The other products fill niches for operators who want more control over their crypto treasury or want to run payment processing as a service themselves.
Payment Methods
20+ cryptocurrencies including BTC, ETH, USDT, ADA, XRP, SOL, DOGE, TRX, LTC and USDC. Recent additions include ETH and USDC on Arbitrum and Base Layer 2 networks for faster and cheaper transactions. The broader account system supports over 140 cryptocurrencies for send and receive. Fiat conversion covers 40+ currencies, so players deposit in crypto and you settle in EUR or USD. No chargebacks on any crypto transaction since blockchain payments are irreversible by design. The flow for players is simple: they select cryptocurrency at checkout, send from their wallet, the casino credits their balance once the blockchain confirms. For Bitcoin that takes 10-20 minutes, for USDT on Tron it is seconds. Compared to NOWPayments with 350+ coins, CoinsPaid covers fewer assets but the ones that actually matter for casino deposits. Over 90% of crypto gambling transactions use BTC, ETH and USDT anyway. CoinGate does 70+ cryptos, CoinPayments does 40+. The real differentiation is not coin count but the fiat conversion engine and iGaming-specific tooling.
Verticals
iGaming makes up over 70% of CoinsPaid's business. This is not a general-purpose crypto processor that happens to serve casinos. The product roadmap, support team, compliance infrastructure and integration partnerships all point at gambling operators specifically. When you open a support ticket, the person on the other end understands what a GGR is, why settlement speed matters for player retention, and how gambling license requirements affect payment processing. NOWPayments and CoinPayments both serve iGaming but treat it as one vertical among many. BitPay barely touches the gambling sector at all. CoinsPaid's closest competitor in terms of iGaming focus is CoinGate, but CoinGate has a smaller casino client base.
| Feature | Status | Details |
|---|---|---|
| Deposit Processing | 20+ crypto + fiat payment methods, Instant | |
| Withdrawal / Payout | Instant / 24h | |
| Instant Withdrawals | Instant / 24h | |
| KYC / AML Built-in | Full auto | |
| Chargeback Protection | 0% (crypto) | |
| Multi-Currency | 3 currencies supported | |
| API Integration | Single API | |
| Local Payment Methods | 20+ crypto + fiat methods across multiple categories | |
| iGaming Specialization | Operator tools + conversion | |
| Geographic Coverage | 150 countries across Global (crypto) |
Pre-Built iGaming Integrations
Pricing & Fee Structure
Fee structure and pricing model
Pricing & Fee Structure
% per transaction pricing model
~0.8%
0.5-1%
Instant (crypto)
20+ crypto + fiat
0% for crypto
0.5-1%
0 / none
$0
Yes
Pricing Details
Published fees, which is rare for crypto processors. Mono-currency deposits cost 0.8%. If a player deposits BTC and you want BTC, that is your rate. Multi-currency deposits at 1% cover the scenario where a player sends BTC and you want ETH. Crypto-to-fiat conversion runs 1.5%, the most common setup for casinos: player deposits BTC, you receive EUR. Payouts are cheaper at 0.3% for mono-currency and 1% for multi-currency. No setup fees, no monthly fees, no rolling reserves on crypto transactions. The CPD token changes the math. Paying processing fees in CPD instead of having them deducted from settlements gives you a 50% discount. That drops a 0.8% deposit fee to 0.4%, or a 1.5% crypto-to-fiat conversion to 0.75%. You do need to buy and hold CPD tokens to use this, which introduces its own risk since the token trades at about $0.003, down significantly from its $0.02 ICO price. NOWPayments charges 0.5-1% with no token discount option. CoinGate is around 1%. BitPay charges roughly 1% but requires $200k minimum volume and a 12-month contract. For a casino processing $500k monthly in crypto deposits with fiat conversion, CoinsPaid costs roughly $7,500 per month before CPD discounts, or about $3,750 with full CPD usage. Based on current pricing, April 2026.
Negotiation Tips
Start by clarifying which fee tier applies to your setup. Most casinos want crypto-to-fiat conversion, which is the 1.5% rate, not the 0.8% headline number. If you can hold some crypto treasury and settle partially in crypto, the 0.8% mono-currency rate applies to that portion. Ask about volume discounts above $500k and $1M monthly thresholds. The CPD token discount is real but understand the risk: you are holding a small-cap token that has lost most of its ICO value. If you commit to using CPD, buy tokens in small batches rather than holding large positions. The conversion FX markup of 0.5-1% stacks on top of processing fees when you settle in fiat, so get the exact spread for your settlement currency pair before signing. Compare total cost honestly: CoinsPaid at 1.5% plus 0.5% FX equals roughly 2% all-in for crypto-to-fiat. NOWPayments at 0.5-1% plus 0.5% conversion is about 1-1.5% all-in. The difference comes down to whether the SoftSwiss integration and iGaming-specific tooling justify the premium.
Speed & Settlement
Transaction processing and settlement timelines
Instant
Player-initiatedInstant / 24h
Operator payoutInstant (crypto)
To operator accountCrypto + EUR/USD
Settlement optionsCrypto deposits confirm as fast as the blockchain allows. USDT on Tron is seconds. Bitcoin takes 10-20 minutes for a single confirmation, though many casinos credit after zero confirmations for small amounts. Fiat conversion from crypto happens instantly once the deposit confirms. Withdrawal payouts are instant for crypto at the 0.3% mono-currency rate. Fiat withdrawals take up to 24 hours. Settlement to your operator account is instant for crypto holdings or T+1 for fiat conversion. That puts CoinsPaid ahead of Nuvei at T+2 to T+7 and Worldpay at similar ranges. Brite does same-day fiat settlement at T+0, which is faster. Refund processing is instant for crypto and 24 hours for fiat. The new Arbitrum and Base Layer 2 support means ETH and USDC transactions on those networks settle in seconds with lower gas fees than mainnet Ethereum. Mass payouts handle batch processing for affiliate commissions or promotional credits. Updated April 2026.
Integration & Tech
Developer experience and technical capabilities
API Type
Single API
Onboarding
3-7 days
Sandbox
Yes - full sandbox
Mobile SDK
Yes
White-Label
No
Docs Quality
Good
1-2 weeks
Pre-Built iGaming Integrations
Integration Assessment
Single API with full documentation at docs.coinspaid.com. Rated Good quality. SoftSwiss and Slotegrator connectors are pre-built, so if you run either platform, integration is configuration rather than development. For custom backends, expect 1-2 weeks of integration work. Full sandbox environment for testing. Mobile SDK available. The API handles deposits, withdrawals, fiat conversion, mass payouts and transaction monitoring through one endpoint set. White-label checkout option lets you keep the payment page under your own branding. Webhook notifications for transaction status updates. Daily CSV exports and dashboard for reconciliation. Compared to NOWPayments where integration takes minutes through plugins, CoinsPaid requires more setup time but delivers deeper iGaming-specific functionality. Nuvei has 6 pre-built iGaming connectors versus CoinsPaid's 3, but Nuvei also takes 2-4 weeks to integrate.
Risk & Compliance
Licensing, fraud prevention, and regulatory compliance
Supported Gambling Licenses
Compliance Context
Estonian Financial Intelligence Unit license under Dream Finance OU. ISO 27001 certified. KYC and AML tools from Chainalysis, Shufti Pro, Crystal Blockchain and LSEG. Full automated KYC with blockchain risk scoring built in. Ledger Enterprise cold storage for reserve funds. Tokenization and customer vault for recurring transactions. Supports MGA, Curacao and Estonian gambling licenses. All standard compliance infrastructure is in place. Now for the part that matters more than any certification: CoinsPaid was hacked for $37.3 million in July 2023 by North Korea's Lazarus Group through a social engineering attack where an employee downloaded malicious code from a fake job interview. Six months later, in January 2024, the same group hit them again for $7.5 million using a similar method. CoinsPaid claims no client funds were affected in either incident and partnered with Match Systems for forensic investigation. They have since strengthened internal security controls and integrated Ledger Enterprise cold storage. Whether that is enough depends on your risk tolerance. The compliance tooling is solid. The operational security track record has a significant gap.
About CoinsPaid: Company Background
Company and product information
Company History
The company behind CoinsPaid started in Estonia around 2014 building crypto payment infrastructure before most people knew what a stablecoin was. The early product was simple: let merchants accept Bitcoin and receive euros. By 2018 the processing engine had matured enough to handle real volume, the CoinsPaid brand launched, and the team made a deliberate bet on online gambling as the primary market. Not a hard choice. Crypto casinos were growing fast and the existing payment rails did not want their business.
Growth came from a smart distribution strategy. CoinsPaid integrated directly with SoftSwiss and Slotegrator, the two largest white-label casino platforms. Every new casino launching on those platforms became a potential CoinsPaid client with minimal integration effort. By 2023 transaction volume reached EUR 7.9 billion annually and the client list exceeded 500 casinos. Then came the worst year in the company's history. In July 2023, North Korea's Lazarus Group stole $37.3 million through a social engineering attack. They spent six months on reconnaissance, targeted employees with fake job offers on LinkedIn, and one person downloading malicious code was enough to breach the system. In January 2024, the same group came back and took another $7.5 million. CoinsPaid survived both attacks, claimed client funds were unaffected, and invested heavily in rebuilding security.
Today CoinsPaid employs roughly 200 people across five continents, though it suspended its Lithuanian operations in early 2026 after the MiCA grandfathering period expired. Revenue for 2024 was EUR 32.4 million with profit margins above 50%. Transaction volume grew to EUR 9.1 billion. The company holds an Estonian FIU license, ISO 27001 certification, and collected 19 industry awards in 2024 including Best Payment Provider at the European iGaming Excellence awards. Still privately owned under Dream Finance OU. FinTelegram has published allegations about connections between CoinsPaid, AlphaPo, and SoftSwiss ownership structures, which CoinsPaid calls a smear campaign. Active litigation on both sides.
What Users Say: Trustpilot & Review Analysis
Our analysis of 19 reviews from Trustpilot and industry sources
Review Analysis
4.2/5 on Trustpilot from 29 reviews. That sample size tells you almost nothing. For context, NOWPayments has 4.4/5 from 750 reviews and CoinGate has 3.6/5 from 1,664 reviews. BitPay sits at 1.2/5 from 291 reviews but those are mostly consumer complaints about their wallet app. CoinPayments has 3.7/5 from 1,068 reviews. The existing CoinsPaid reviews mention stable platform performance, fast transactions and responsive support. Not enough negative reviews to identify any meaningful complaint patterns.
Context for Operators
The low review count makes sense for a B2B processor. CoinsPaid's clients are casino operators, not end consumers. Players do not interact with CoinsPaid directly. They see a Bitcoin address to send funds to, not a CoinsPaid checkout page. There is no natural consumer touchpoint that generates Trustpilot reviews. The 19 industry awards in 2024 are a better signal of B2B quality since they come from iGaming professionals who actually use the product. If you want consumer review data as a proxy, check how players rate deposit and withdrawal experiences at casinos running on CoinsPaid.
Notable Clients
Wild Casino, Cloudbet
Over 800 merchants total, with 500+ being online casinos. Wild Casino and Cloudbet are publicly associated with the platform. The SoftSwiss connection means hundreds of white-label casinos run CoinsPaid as their default crypto processor. Transaction volume of EUR 9.1 billion in 2024 and EUR 32.4 million in revenue confirm significant scale. The 19 industry awards in 2024 across 13 different programs suggest strong B2B reputation within iGaming, even if the broader public profile is mixed because of the hack history.
Operational Details
Business terms, contracts, and support
Strong compliance focus in EU
Frequently Asked Questions
9 questions about CoinsPaid
CoinsPaid holds an Estonian FIU license and ISO 27001 certification with KYC tools from Chainalysis and Crystal Blockchain. Over 500 casinos use it. The security record has a serious asterisk though: $37.3 million stolen by Lazarus Group in July 2023, then $7.5 million more in January 2024. CoinsPaid claims no client funds were lost and has rebuilt security since. Compliance infrastructure is solid. Operational security history is not.
Mono-currency deposits 0.8%, multi-currency 1%, crypto-to-fiat conversion 1.5%. Payouts at 0.3% mono-currency and 1% multi-currency. No setup fees, no monthly fees. CPD token gives 50% discount on all processing fees. A casino doing $500k monthly in crypto-to-fiat deposits pays roughly $7,500, or $3,750 with CPD token usage. Add 0.5-1% FX markup on fiat settlement. Updated April 2026.
Yes, twice. In July 2023 North Korea's Lazarus Group stole $37.3 million through social engineering, targeting employees with fake LinkedIn job offers. In January 2024 the same group took another $7.5 million using a similar method. CoinsPaid says client funds were not affected in either incident. They have since strengthened security, added Ledger Enterprise cold storage, and earned ISO 27001 certification. The incidents are well documented and will come up in any due diligence process.
Global technically, since crypto is borderless. Strongest in Europe with direct EUR/USD settlement, Estonian licensing and MGA/Curacao support. Asia reachable through Slotegrator casinos. No dedicated infrastructure for LATAM, Africa or Middle East markets. For European crypto casinos, coverage is solid. For anything beyond Europe, the processing works but the compliance tooling and support are not localized.
SoftSwiss and Slotegrator operators can go live in days using pre-built connectors. Custom API integration takes 1-2 weeks. Full sandbox available for testing. High-risk onboarding adds 3-7 days for compliance review. Documentation is rated Good. Compared to NOWPayments at minutes for self-service or Nuvei at 2-4 weeks, CoinsPaid sits in the middle of the integration timeline.
CoinsPaid converts crypto to fiat in 40+ currencies, but it is a crypto processor, not a fiat gateway. Players deposit cryptocurrency. You receive fiat. If you need players to deposit via cards, bank transfers or e-wallets, you need a separate provider. Nuvei handles 700+ fiat methods globally. Trustly covers European open banking. CoinsPaid handles the crypto side of your payment stack.
NOWPayments supports 350+ coins versus CoinsPaid's 20+. NOWPayments has no minimum volume, CoinsPaid requires $100k monthly. NOWPayments charges 0.5-1%, CoinsPaid charges 0.8-1.5% depending on conversion type. CoinsPaid wins on iGaming specialization: SoftSwiss connector, 500+ casino clients, dedicated gambling support. NOWPayments wins on breadth, speed of setup, and a cleaner security record. Pick CoinsPaid for the iGaming tooling, NOWPayments for flexibility and cost.
CPD is CoinsPaid's ERC-20 utility token. Paying processing fees in CPD gives up to 50% discount on all charges. The token launched at $0.02 in 2021 and trades around $0.003 as of early 2026. Monthly token burns reduce supply over time. The fee savings are real but holding CPD introduces price risk. Buy in small batches aligned to your monthly fee obligations rather than holding large positions.
Yes, SoftSwiss is one of three pre-built connectors alongside Slotegrator and custom backends. For SoftSwiss casinos, CoinsPaid activation is closer to configuration than development. Most SoftSwiss crypto casinos already run CoinsPaid. If you are launching on SoftSwiss and need crypto payments, CoinsPaid is the path of least resistance. NOWPayments also has a SoftSwiss connector but with less iGaming-specific feature depth.
Our Verdict: Should You Use CoinsPaid?
Final assessment for iGaming operators
Overall iGaming Score
Summary
CoinsPaid is the most iGaming-specialized crypto processor in the market, processing EUR 9.1 billion annually with 500+ casino clients and direct SoftSwiss integration. Pricing is competitive, compliance infrastructure is solid, and the product clearly serves gambling operators first. Two major security breaches in 2023-2024 are impossible to ignore. Whether the post-hack security rebuild is sufficient depends entirely on your risk appetite.
Strongest Point
iGaming specialization that no other crypto processor matches. Unlike general-purpose gateways, CoinsPaid was designed for casinos from the start. The SoftSwiss and Slotegrator connectors mean most crypto casinos can go live in days. Over 500 casino clients means the edge cases that trip up generic processors have already been handled. When you call support, they understand your business.
Key Limitation
The security history. Two hacks by the same attacker group using the same social engineering method within six months suggests weaknesses that certifications and tools alone may not fix. The $45 million total loss was from operational funds rather than client deposits according to CoinsPaid, but the reputational damage is real and the pattern is concerning for risk-averse operators.
Recommendation
Use CoinsPaid if you run a crypto casino on SoftSwiss or Slotegrator and need a processor that understands your business. The integration is faster, fees are competitive, and the iGaming focus means your needs come first. Factor the security history into your due diligence honestly. If your compliance team cannot accept the hack track record, NOWPayments offers broader coin coverage at similar pricing without the security incidents. CoinGate provides a MiCA-licensed European alternative with a clean record. For operators processing above $1M monthly in crypto, negotiate hard on the crypto-to-fiat conversion rate. Updated April 2026.
Pros
- Most iGaming-specialized crypto processor available. Over 70% of revenue comes from gambling, 500+ casino clients, SoftSwiss and Slotegrator connectors built in. When competitors say they serve iGaming, CoinsPaid was actually built for it. Your support tickets get handled by people who know what a GGR is and why settlement speed affects player retention.
- Lowest effective crypto processing fees in the category. 0.8% deposit rate is competitive with NOWPayments at 0.5-1% and below CoinGate at 1%. The CPD token discount drops effective cost to 0.4% on mono-currency deposits. Zero rolling reserves and zero chargebacks on crypto transactions mean no capital locked up earning nothing.
- Pre-built connectors for the two largest white-label casino platforms. SoftSwiss integration is plug-and-play. Slotegrator works the same way. If you run either platform, CoinsPaid activation is a configuration step, not a development project. For crypto-specific processing on SoftSwiss, CoinsPaid is the path of least resistance.
- Published fee schedule with no surprises. Most crypto processors negotiate everything behind closed doors. CoinsPaid publishes rates: 0.8% deposits, 0.3% payouts, 1.5% crypto-to-fiat. You know the baseline before talking to sales. NOWPayments is the only other crypto processor in our database with similarly transparent pricing.
- Instant fiat conversion in 40+ currencies. Player deposits BTC, you receive EUR in your settlement account the same day. No holding crypto on your balance sheet, no volatility exposure, no treasury management headaches. Settlement is instant for crypto or T+1 for fiat, faster than Nuvei at T+2 to T+7.
- Proven scale at EUR 9.1 billion processed in 2024 across 800,000+ monthly transactions. This is not a startup testing product-market fit. The infrastructure has been tested at volume. Revenue of EUR 32.4 million with 50%+ margins confirms a sustainable business, though the hack losses offset some of that financial picture.
Cons
- Two major security breaches in six months. $37.3 million stolen in July 2023, then $7.5 million in January 2024, both by North Korea's Lazarus Group using social engineering. The same attack method worked twice against the same company. CoinsPaid has rebuilt security since, but this is not a theoretical risk. It happened, and it happened again.
- Limited cryptocurrency selection compared to alternatives. 20+ coins covers the major assets but NOWPayments supports 350+ and CoinGate does 70+. If your player base uses altcoins or newer tokens beyond the standard BTC, ETH, USDT trio, CoinsPaid will not process those deposits. For most crypto casinos this matters less than the numbers suggest since 90%+ of deposits use major coins, but it is a real limitation.
- FinTelegram investigations into corporate structure create due diligence friction. Published allegations about connections between CoinsPaid, AlphaPo, and SoftSwiss ownership. CoinsPaid calls these a smear campaign and there is active litigation. Whether substantiated or not, these reports will surface during compliance reviews and require explanation to boards.
- Minimum volume requirement of $100k monthly cuts out smaller operators and new launches. NOWPayments and CoinGate both work without minimums. CoinPayments also has no floor. If you are processing under $100k, CoinsPaid will not take your business.
- CPD token discount comes with real financial risk. The token has lost about 85% of its value since its 2021 ICO. Using CPD for fee discounts means buying and holding a small-cap token that could lose more value. The 50% fee discount is significant but you are effectively subsidizing it by taking on token price risk that has historically gone against holders.
Ready to evaluate CoinsPaid for your business?
CoinsPaid vs. Alternatives: How It Compares
Similar payment processing solutions
NOWPayments covers 350+ cryptocurrencies at 0.5-1% with no minimum volume and the fastest self-service onboarding of any crypto processor. CoinGate brings MiCA licensing from Lithuania and serves European operators who want regulatory certainty under the new EU framework. BitPay has the strongest US compliance with MSB licensing but charges more and locks you into 12-month contracts. CoinPayments is the budget option at 0.5% but with basic support and limited iGaming features. Triple-A specializes in stablecoin processing with zero-volatility guarantees and MAS Singapore licensing for Asia-focused operators.
When to Choose an Alternative
NOWPaymentsChoose NOWPayments if you need 350+ coins, no minimum volume, or want to go live in minutes through self-service. Best for crypto-first operators who prioritize coin coverage and low cost over iGaming-specific tooling.
CoinGateChoose CoinGate if MiCA licensing matters for your EU compliance framework. Similar European focus to CoinsPaid with 70+ cryptos and a clean operational history without security incidents.
BitPayChoose BitPay if US regulatory compliance is non-negotiable. MSB licensing covers US operations that most crypto processors cannot touch. Requires $200k minimum volume and 12-month contract.
CoinPaymentsChoose CoinPayments if you want the cheapest possible crypto processing at 0.5% with no minimums. The trade-off is ticket-based support only and limited iGaming-specific features.
Triple-AChoose Triple-A if your focus is stablecoin processing for Asian markets. MAS Singapore license, zero-volatility conversion, strong in USDT and USDC. Not the choice for multi-coin coverage.
Nuvei
Trustly
Paysafe
NOWPayments
Crypto Gateway
CoinGate
Crypto Gateway
CoinPayments
Crypto Gateway
Triple-A
Crypto-to-FiatEnd of Report. CoinsPaid Provider Assessment Report 2026
Prepared by Alex Richardson | Reviewed by Maria Chen | April 3, 2026