CoinPayments Questions & Answers

To integrate a CoinPayments clone script into an existing platform, follow the steps given below:

• Install the CoinPayments clone script
• Setup API keys from CoinPayments
• Personalize the script to match your platform's backend
• Configure webhook URLs to get updates of transactions real-time

To convert coins to fiat currency such as U.S. Dollars or Euros in Coinpayments, follow the steps given below:

• Open your CoinPayments account
• Go to the ‘Coin Settings’ section
• Select the specific cryptocurrency you wish to convert.
• Click on ‘To Balance + Convert’ to send the converted fiat to your CoinPayments wallet

OR

• ‘ASAP + Convert’ to send it directly to an external address
• Select the fiat currency you wish to convert to
• Hit ‘Update Coin Preferences’

After initiation, a withdrawal from CoinPayments usually takes a few minutes to process. However, the actual time it takes to receive the funds in your external wallet can vary, taking anywhere from a few minutes to several hours, depending on the level of cryptocurrency network congestion. In certain cases, this time may extend due to network confirmation requirements.

To withdraw funds from CoinPayments, follow the steps given below:

• Open your CoinPayments account
• Go to the 'Withdraw' section
• Choose the cryptocurrency you wish to withdraw
• Input the withdrawal address
• Identify the amount
• Confirm the transaction
• Basically, you are transferring the cryptocurrency from your CoinPayments wallet to an external wallet address that you specify as CoinPayments primarily serves as a payment processor rather than a direct fiat exchange

To enable coins on your CoinPayments website, follow the steps given below:

• Open your CoinPayments account
• Navigate to the 'Coin Settings' tab
• Choose which cryptocurrencies you want to accept by checking the boxes next to each coin
• Click 'Update Coin Preferences'

With CoinPayments, transactions stay in your account for as long as you want them to, showing up in your transaction history. However, the amount of time it takes for a transaction to be deemed 'confirmed' and be accessible for withdrawal depends on the cryptocurrency and the number of blockchain confirmations that are needed. This can take anywhere from minutes to hours, depending on network congestion.

To convert various coins to Bitcoin (BTC) on CoinPayments, follow the steps given below:

• Open your CoinPayments account
• Go to the 'Coin Settings'
• For each coin you wish to convert, select the 'Payout Mode' as 'To Balance + Convert'
• Select Bitcoin as the target conversion currency