Coinremitter Is Making over 12 Million Secure Crypto Transactions

/Coinremitter Pte. Ltd/ – Coinremitter, a leading crypto payment processor is making waves in the crypto world. The platform is making a significant milestone as it is making over 12 million secure crypto transactions.

The Coinremitter team said:

“Surpassing 12 million secure crypto transactions is a major milestone for Coinremitter. This achievement reflects our dedication to providing necessary solutions that can make crypto transactions more secure.”

Coinremitter’s rapid growth as a crypto payment gateway shows that users are trusting it for effortless crypto transactions.

The Secret of Coinmremitter’s Success

To understand how they are managing to achieve such a feat, we had a conversation with the team Coinremitter. During our discussion, we found out their approach that is attracting merchants to choose this platform for crypto transactions. Usually, building trust is a tough task for any crypto payment platform. Because blockchain is an emerging technology and one is often worried about the platform’s security measures.

We asked:

“Merchants are frequently worried that their crypto funds don’t go into the wrong hands. Hackers stole USD 4 billion worth of crypto in 2022. As a crypto payment processor, how do you deal with such concerns?”

Coinremitter’s team told us that the concerns of merchants are genuine and can’t be ignored, which is why they consistently work toward making their platform secure from hacking, fraud, and unidentified access. For that, they provide advanced security features such as 2FA (Two-Factor Authentication) and encryption to their users.

These are crucial features for secure crypto transactions as they protect sensitive information and prevent unauthorized access. 2FA adds an extra layer of security by requiring users to provide two forms of verification – typically a password and a one-time code sent to their mobile device – making it significantly harder for attackers to compromise accounts.

On the other hand, encryption helps merchants keep their crypto transaction data confidential from unauthorized individuals. This feature converts the transaction data into a secure format, which can be decrypted using the correct key. So team Coinremitter assured of keeping merchants’ data unreadable to authorized parties.

This is how we found team Coinremitter deals with security concerns or cyber threats. With the help of 2FA and encryption, Coinremitter seemed to be making its best efforts to protect user assets and maintain trustworthiness within the merchants who are accepting crypto payments.

Then we thought that we could find such security features in every crypto payment gateway. We discussed this with the team Coinremitter and interestingly, we got to know their USP.

The platform allows merchants to disable API withdrawals from the credential tab of the wallet. API withdrawals allow merchants to withdraw funds directly from the crypto API docs (without logging in). API withdrawals don’t require a login and can be accessed by anyone, which can be risky when credentials get exposed.

However, this risk can be terminated by disabling API withdrawals. This can be helpful when a merchant has any doubt about his wallet credentials getting exposed. Also, merchants can set daily withdrawal limits to prevent a big loss of funds.

The team Coinremitter collected reviews from merchants using their platform daily. Thankfully, merchants didn’t face any loss of funds. They also admitted that such security features never let them worry about their crypto funds.

The users also highlighted that the platform ensures their privacy. To register on a crypto payment processor, the user must undergo KYC verification. It is an important registration procedure as it enhances the security of users. However, this procedure isn’t always favored by users. Over 80% of Internet users prefer anonymity.

Coinremitter is a crypto gateway without KYC. This means that users can simply sign up and accept crypto payments without going through KYC procedures. The Coinremitter team said that this feature has attracted users who prioritize anonymity in their transactions.

While hearing about these security features and their easy functioning in our conversation, it is not surprising that Coinremitter is making 12+ million secure crypto transactions.

About Coinremitter

Coinremitter is a leading crypto payment processor that empowers businesses to make crypto transactions easily and securely. With a focus on user experience, low fees, and fast processing times, Coinremitter has become a trusted partner for businesses worldwide.

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