Over $100k Invested in One Day for ‘Altcoin’ Payment Processor CoinPayments as Bitcoin Doubles in value

While investors flock to Bitcoin, many alternative cryptocurrencies known as ‘AltCoins’ have been left behind plummeting in value.

Payment processor CoinPayments has also seen an increase in volume as people look to spend their Altcoins as they fluctuate in value. Altcoins are alternatives to Bitcoin that work in a similar way as Bitcoin where people can send money anywhere in the world at virtually no cost from person to person. There are over 600 Altcoins out there but investors have been exchanging them for Bitcoin due to Bitcoin’s  doubling in price this week causing a weakening in their value. One company bucking the trend is CoinPayments who has been very popular with the professional online investor community at BnkToTheFuture.com.

CoinPayments is the largest Altcoin payment processing company - and they just launched their seed funding round securing over $100k in investments on the first day of opening to qualifying professional investors, on the online investment platform. CoinPayments allow Altcoin holders to spend their alternative coins and the merchant can receive the funds in Bitcoin or other currencies giving investors a way to spend their alternative coins like they do Bitcoin or traditional currencies.

Coinpayments is setting out to raise capital to develop the CoinPayment platform further and expand the team as the company has now secured over 18,000 merchants and process $5.5 Million USD in transaction for their clients.  CoinPayments passed the $100k invested mark within a few hours having launched their investment campaign to qaulifying investors on BnkToTheFuture.com - the online investment platform which attracts some of the most promising FinTech, Alternative Finance and Innovation business from around the world.

Alexander Alexandrov, CEO of CoinPayments said:

 “I've always known money does not have to be so complicated. Coinpayments mission is to create an open and seamless world of payments, that works wherever you are.”

You can watch how the campaign gets on live here: https://bnktothefuture.com/pitches/2198/_coinpayments-the-largest-payment-processor-of-over-55-cryptocurrencies.html

Who are CoinPayments?

New digital forms of programmable money known as Cryptocurrencies are popping up everywhere.

You may heard of popular digital cryptocurrencies such as Bitcoin, DogeCoin and LiteCoin. Payment processors have been built around these popular coins allowing merchants to accept them.

CoinPayments have developed a payment technology that allows businesses to process over 100 currencies with fully automated security features. They receive the money how they choose and we can exchange many of them for another currency instantly. This means customers can spend whichever coins they have and businesses can receive payment in their preferred currency. No need to integrate with hundreds of different payment processors for every currency.

Who are BnkToTheFuture

BnkToTheFuture is a global online investment platform that allows qualifying investors to invest in the future of finance by offering financial innovation and technology investment opportunities online.