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CoinPayments, a cloud wallet solution, is making the checkout system for cryptocurrencies even more efficient and convenient for its users with its new CPS Marketplace alongside its integrated currency, CPS Coin.
The Canadian company was founded in August 2013 and had a mission to make payment solutions much more efficient. As the cryptocurrency has become more and more popular, CoinPayments has attracted over one million users from over 182 countries.
CPS Coin is a utility token used within the CoinPayments framework based on the Syscoin blockchain. The coin uses Syscoin Z-DAG’s “zero confirm” transaction technology, allowing merchants and users to receive payments instantly without having to wait for a confirmation.
Users can purchase CPS coins from their CoinPayment accounts at a rate of € 0.10 per coin. Last week, CoinPayments launched a promotion that allowed users to buy two coins for the price of one. The promotion will run for the next 45 days or while supplies last.
Merchants and users will also benefit from the 50% discounted conversions between CPS Coins to other CoinPayments supported cryptocurrencies such as Bitcoin and Litecoin. The ICO participation hosted by CoinPayment also starts on May 4th.
CoinPayment will also reward users with 100 CPS coins, as well as earning an additional 25 coins for invited users until August 1st. The company also rewards up to 25% more CPS per year for those who stake their coins, but many investors were skeptical of the highly rewarding and promising payouts.
“We’ve checked the numbers and our customer acquisition cost is around $ 15.00. Instead of paying for marketing teams, advertising companies, sales consultants, and a small town of marketing affiliates, we’ll pass these savings on to you. this way you can take advantage of the system, make some money and we can save too! ”CoinPayments said in a statement.
All coins received through the first promotions cannot be withdrawn or redeemed until after July 1st.
