Coinos: Accept Bitcoin Payments

Description

Coinos is a web bitcoin wallet and payment app that is optimized for mobile and tablet use. It features currency conversion and reporting capabilities. There is no need for any software or hardware to accept bitcoin payments. It’s free to register an account and receive payments over the Lightning Network. The app is currently available in English, French, Portuguese, Spanish and Dutch.

With Coinos, there are no set up fees, no merchant fees and transactions are safe and secure with payments going directly to the business owner’s wallet. There is no middle person.

How Coinos works

You only need a username and password to get started. Coinos is web-based, so you may use it on any device as long as you have an internet connection. Retailers may use it on a smartphone or tablet. When someone is ready to pay, you enter the amount in your local currency, share the QR code. You will receive the payment, the moment your customer pays. There’s no waiting for bank settlements or worrying about chargebacks. After receiving payments, you can immediately withdraw your funds from Coinos wallet to another bitcoin wallet or exchange. You can export your transaction reports.

Coinos Wallet

Coinos is a web-based open-source wallet that offers on-chain, Liquid, and Lightning capabilities. Recently, Coinos added support for Cashu ecash and is in the process of integrating self-custodial accounts along with Nostr integration for contacts and messaging.

Coinos stands out from other Lightning Network wallets due to its remarkably low fees, charging just 0.1% for conversions when withdrawing from Coinos to an external Bitcoin on-chain or Liquid wallet. Many competitors charge 0.5% or more. The user interface and experience are incredibly simple and user-friendly, making it accessible for all types of users.

While Coinos is currently custodial, there are plans to transition into a self-custodial wallet. In the meantime, users can take advantage of the auto-withdrawal feature, allowing them to set a threshold for automatic withdrawals to any non-custodial wallet of their choice.

As a web app, Coinos does not require downloading from an app store, which greatly simplifies the onboarding process. Additionally, there are no fees when withdrawing to an external Lightning wallet, making it a highly cost-effective option for users.

Coinos fees

Receiving payments into your account is free, but withdrawals to external wallets involve a small fee that fluctuates based on network conditions.

Registering a Coinos account and receiving payments using the Lightning Network are both free. You will be charged a 0.1% conversion fee from lightning to bitcoin.

Coinos web wallet and Bitcoin PoS

Coinos is a versatile and cost-effective web-based Bitcoin wallet and payment app that offers both on-chain and Lightning Network support. With its mobile-optimized interface, businesses can easily accept Bitcoin payments without the need for additional hardware or software, and users benefit from low fees and a simple onboarding process. Coinos stands out for its 0.1% conversion fee for Lightning to Bitcoin withdrawals, significantly lower than many competitors, and the absence of setup or merchant fees makes it an attractive solution for retailers.

However, it’s important to note that Coinos is currently a custodial wallet, which may be a drawback for users seeking self-custody solutions. Because of this, it is advisable not to keep large amounts of funds in it. As a web wallet, it also carries inherent risks compared to more secure hardware or mobile wallets. Despite these limitations, Coinos is a non-KYC wallet, allowing users to transact with greater privacy. Moreover, the platform’s ongoing plans to support self-custodial accounts, alongside its integration with Nostr for messaging, enhance its appeal. Overall, Coinos offers a practical and secure option for businesses and individuals looking to embrace Bitcoin payments with minimal costs and technical hurdles.

Take action

• Create a free Coinos account