Currencies: 186 (152 fiat & 34 crypto) Countries: 255 PSs & Banks: 325 Exchanges: 307 Offers:
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CoinPayMaster review & 2 testimonials (updated 09.2019)

CoinPayMaster user interface: the home page in English

What is CoinPayMaster in a nutshell? It's a trusted, promising exchange service (broker) supporting 2 cryptocurrencies: you can buy and sell coins using 1 fiat currency (1 banks & payment systems are supported) or exchange one crypto into another here. Exchange service started the business Sep 2018, it serves the clients over a year.

The exchange charges very high fees: 7% — 14% (according to our statistics, 92% exchanges offer lower average fee) and has medium buying limits: $14 — $1,149 (in accordance with the statistics we've collected, 77% exchanges have higher order limits). This Broker welcomes customers from 255 countries (including your country: United States!). It serves the US and allows registrations from all the 56 states and territories. Unfortunately we couldn't yet collect enough data about the order processing speed from the customers of CoinPayMaster, although according to information we got, the order processing is not fully automated so delays with the funds delivery may happen. You won't need to verify your account to use the services of the Broker, CoinPayMaster accepts and welcomes anonymous customers!

Since 2018, CoinPayMaster has got great testimonials from the customers: just our platform, that was recently launched, has 2 user reviews, 100% of those are positive. It's hard to say for the majority of the users what they like dealing with the service, most of all. Our platform assigns the CoinPayMaster 77/100 rating: it's a good result, higher than 79% of the competition! For example, exchangeON and cronex are ranked below, although RamonCash (78/100) has better rank among our community members.

Based on all these facts, our verdict is the following: CoinPayMaster is a safe place to buy and sell cryptocurrencies, a nice exchange, highly rated by the clients!

Overview: is CoinPayMaster safe?

CoinPayMaster is the Broker; exchange started the business September 2018. Unfortunately, there is not much information available about the company doing business as CoinPayMaster, etc.

Answering the question how safe is CoinPayMaster:

CoinPayMaster is definitely safe! 77/100 rating is fairly a good one, 79% exchanges have lower rating! Let's break down how the CoinPayMaster exchange got such a rating.
Time in the business: 1 year 2 months
Feedback count: 2
Reviews: 2 positive, 0 negative, 0 neutral
Business model: no information available

Overall rating for CoinPayMaster: 77 / 100

Pros & Cons of CoinPayMaster

Since CoinPayMaster is rated highly by our visitors, the exchange likely has some impressive features that are the strong sides. But nothing is perfect, so there must be some downsides, too. Let's check it out:

  • CoinPayMaster allows anonymous customers, there is no verification required for all the exchange directions.
  • Almost all the countries in the world are welcomed here! Feel free to check if your country is allowed to register an account.
  • Seems that the exchange operates without any business licenses, etc.
  • Only 2 digital currencies and 1 fiat ones are supported. Just a 1 payment systems and banks are supported.
  • Relatively low limits for buying orders.

Unfortunately there are more cons that pros. But this doesn't mean the CoinPayMaster is a bad Broker! You should check the list and decide, which of these pros are cons are most important for you. Try CoinPayMaster today and let us know how you like it!

Services, CoinPayMaster Provides

The platform provides the following cryptocurrency exchange-related services:

  • Allows the customers to buy cryptocurrencies with fiat currencies
  • Provides the clients with ways to "cash out" the crypto to fiat currency
  • Helps you to exchange one crypto to another

As we can see, CoinPayMaster doesn't provide any services besides the cryptocurrency exchange, althought it's definitely not a bad thing; after all, we came here for the crypto exchange, right?

Currencies & Payment Systems

CoinPayMaster provides the service of buying and selling and exchanging 2 digital currencies using fiat currencies and crypto. Besides the fiat-to-crypto conversion and vice versa, it also allows to exchange one cryptocurrency to another. The following cryptocurrencies are available to buy-sell-swap: Bitcoin (BTC), Ether (ETH).

If you are not sure, which one of these electronic currencies you are most interested in, you are welcome to read our guides. For example, these: Top 3 cryptocurrencies that are anonymous to buy in 2019.

1 fiat currencies are supported to provide crypto purchase and selling: Russian Ruble (RUB). The Broker will let you buy and sell Bitcoins and 1 other cryptos using the following payment systems:

  • Sberbank. A local bank (you may use from Russia) in various currencies. Just the RUB payments are available for both buying and selling cryptocurrencies at this exchange. Sberbank is a popular way to buy BTC and other cryptocurrencies available at 159 exchanges of various types. You are welcome to find the best rate for buying bitcoin with sberbank at our home page!

CoinPayMaster fees

The fees you need to pay at this broker during the process of buying and selling cryptocurrencies are easier to understand if you break it down like that (note that you can skip the details, jumping to the conclusion):

  1. Service/processing fee. Depending on the fiat payment system and currency, it's as follows:
    • 7% when you are receiving funds to Sberbank in Russian Ruble.
    • 14% when you pay money using Sberbank in Russian Ruble.
  2. Miners fee. Please note that this fee applies only when you buy bitcoin or other cryptocurrency!
    • 0 BTC: great news! at the moment there is no such a fee!

Are CoinPayMaster fees high or low?

Now it's time to draw a conclusion: CoinPayMaster charges a very high fees. According to our statistics, fairly big percent of the exchanges charge some less (although please be aware that it mostly depends on the exchange direction!) than CoinPayMaster does. For example, an average fee you pay to buy Bitcoin with Sberbank in RUB across various exchange brokers, trading platforms, p2p marketplaces and e-wallets is 12%, CoinPayMaster charges 14% for this. Seems fair, especially considering the anonymity!

Buying and selling limits

This Broker has the following limits, applicable when you buy or sell cryptocurrencies (there are no limits on crypto-to-crypto swaps):

  1. Purchase limits (when you buy crypto).
    • ₽1,600 minimal buy and ₽73,176 max purchase when using Sberbank in Russian Ruble.
  2. Withdrawal limits (when you out-exchange crypto to the fiat money).
    • ₽901 min and ₽40,310 maximal withdrawal when receiving money to Sberbank in Russian Ruble.

And the good news: there are no limits on other payment systems (the limitations the payment system has aside) CoinPayMaster supports! Comparing to other exchanges, CoinPayMaster has medium buying and selling limits; it's rather convenient, although there are some other ones with higher max.

Supported countries

Platform allows the users from 255 countries to use the exchange. The following countries are supported by the broker:

  • Afghanistan (AF)
  • Aland Islands (AX)
  • Albania (AL)
  • Algeria (DZ)
  • American Samoa (AS)
  • Andorra (AD)
  • Angola (AO)
  • Anguilla (AI)
  • Antarctica (AQ)
  • Antigua & Barbuda (AG)
  • Argentina (AR)
  • Armenia (AM)
  • Aruba (AW)
  • Ascension Island (AC)
  • Australia (AU)
  • Austria (AT)
  • Azerbaijan (AZ)
  • Bahamas (BS)
  • Bahrain (BH)
  • Bangladesh (BD)
  • Barbados (BB)
  • Belarus (BY)
  • Belgium (BE)
  • Belize (BZ)
  • Benin (BJ)
  • Bermuda (BM)
  • Bhutan (BT)
  • Bolivia (BO)
  • Bosnia & Herzegovina (BA)
  • Botswana (BW)
  • Bouvet Island (BV)
  • Brazil (BR)
  • British Indian Ocean Territory (IO)
  • British Virgin Islands (VG)
  • Brunei (BN)
  • Bulgaria (BG)
  • Burkina Faso (BF)
  • Burundi (BI)
  • Cambodia (KH)
  • Cameroon (CM)
  • Canada (CA)
  • Canary Islands (IC)
  • Cape Verde (CV)
  • Caribbean Netherlands (BQ)
  • Cayman Islands (KY)
  • Central African Republic (CF)
  • Ceuta & Melilla (EA)
  • Chad (TD)
  • Chile (CL)
  • China (CN)
  • Christmas Island (CX)
  • Cocos (Keeling) Islands (CC)
  • Colombia (CO)
  • Comoros (KM)
  • Congo - Brazzaville (CG)
  • Congo - Kinshasa (CD)
  • Cook Islands (CK)
  • Costa Rica (CR)
  • Croatia (HR)
  • Cuba (CU)
  • Curaçao (CW)
  • Cyprus (CY)
  • Czech Republic (CZ)
  • Côte d’Ivoire (CI)
  • Denmark (DK)
  • Diego Garcia (DG)
  • Djibouti (DJ)
  • Dominica (DM)
  • Dominican Republic (DO)
  • Ecuador (EC)
  • Egypt (EG)
  • El Salvador (SV)
  • Equatorial Guinea (GQ)
  • Eritrea (ER)
  • Estonia (EE)
  • Ethiopia (ET)
  • Falkland Islands (FK)
  • Faroe Islands (FO)
  • Fiji (FJ)
  • Finland (FI)
  • France (FR)
  • French Guiana (GF)
  • French Polynesia (PF)
  • French Southern Territories (TF)
  • Gabon (GA)
  • Gambia (GM)
  • Georgia (GE)
  • Germany (DE)
  • Ghana (GH)
  • Gibraltar (GI)
  • Greece (GR)
  • Greenland (GL)
  • Grenada (GD)
  • Guadeloupe (GP)
  • Guam (GU)
  • Guatemala (GT)
  • Guernsey (GG)
  • Guinea (GN)
  • Guinea-Bissau (GW)
  • Guyana (GY)
  • Haiti (HT)
  • Heard Island and McDonald Islands (HM)
  • Honduras (HN)
  • Hong Kong SAR China (HK)
  • Hungary (HU)
  • Iceland (IS)
  • India (IN)
  • Indonesia (ID)
  • Iran (IR)
  • Iraq (IQ)
  • Ireland (IE)
  • Isle of Man (IM)
  • Israel (IL)
  • Italy (IT)
  • Jamaica (JM)
  • Japan (JP)
  • Jersey (JE)
  • Jordan (JO)
  • Kazakhstan (KZ)
  • Kenya (KE)
  • Kiribati (KI)
  • Kosovo (XK)
  • Kuwait (KW)
  • Kyrgyzstan (KG)
  • Laos (LA)
  • Latvia (LV)
  • Lebanon (LB)
  • Lesotho (LS)
  • Liberia (LR)
  • Libya (LY)
  • Liechtenstein (LI)
  • Lithuania (LT)
  • Luxembourg (LU)
  • Macau SAR China (MO)
  • Macedonia (MK)
  • Madagascar (MG)
  • Malawi (MW)
  • Malaysia (MY)
  • Maldives (MV)
  • Mali (ML)
  • Malta (MT)
  • Marshall Islands (MH)
  • Martinique (MQ)
  • Mauritania (MR)
  • Mauritius (MU)
  • Mayotte (YT)
  • Mexico (MX)
  • Micronesia (FM)
  • Moldova (MD)
  • Monaco (MC)
  • Mongolia (MN)
  • Montenegro (ME)
  • Montserrat (MS)
  • Morocco (MA)
  • Mozambique (MZ)
  • Myanmar (Burma) (MM)
  • Namibia (NA)
  • Nauru (NR)
  • Nepal (NP)
  • Netherlands (NL)
  • New Caledonia (NC)
  • New Zealand (NZ)
  • Nicaragua (NI)
  • Niger (NE)
  • Nigeria (NG)
  • Niue (NU)
  • Norfolk Island (NF)
  • North Korea (KP)
  • Northern Mariana Islands (MP)
  • Norway (NO)
  • Oman (OM)
  • Pakistan (PK)
  • Palau (PW)
  • Palestinian Territories (PS)
  • Panama (PA)
  • Papua New Guinea (PG)
  • Paraguay (PY)
  • Peru (PE)
  • Philippines (PH)
  • Pitcairn Islands (PN)
  • Poland (PL)
  • Portugal (PT)
  • Puerto Rico (PR)
  • Qatar (QA)
  • Romania (RO)
  • Russia (RU)
  • Rwanda (RW)
  • Réunion (RE)
  • Samoa (WS)
  • San Marino (SM)
  • Saudi Arabia (SA)
  • Senegal (SN)
  • Serbia (RS)
  • Seychelles (SC)
  • Sierra Leone (SL)
  • Singapore (SG)
  • Sint Maarten (SX)
  • Slovakia (SK)
  • Slovenia (SI)
  • Solomon Islands (SB)
  • Somalia (SO)
  • South Africa (ZA)
  • South Georgia & South Sandwich Islands (GS)
  • South Korea (KR)
  • South Sudan (SS)
  • Spain (ES)
  • Sri Lanka (LK)
  • St. Barthélemy (BL)
  • St. Helena (SH)
  • St. Kitts & Nevis (KN)
  • St. Lucia (LC)
  • St. Martin (MF)
  • St. Pierre & Miquelon (PM)
  • St. Vincent & Grenadines (VC)
  • Sudan (SD)
  • Suriname (SR)
  • Svalbard & Jan Mayen (SJ)
  • Swaziland (SZ)
  • Sweden (SE)
  • Switzerland (CH)
  • Syria (SY)
  • São Tomé & Príncipe (ST)
  • Taiwan (TW)
  • Tajikistan (TJ)
  • Tanzania (TZ)
  • Thailand (TH)
  • Timor-Leste (TL)
  • Togo (TG)
  • Tokelau (TK)
  • Tonga (TO)
  • Trinidad & Tobago (TT)
  • Tristan da Cunha (TA)
  • Tunisia (TN)
  • Turkey (TR)
  • Turkmenistan (TM)
  • Turks & Caicos Islands (TC)
  • Tuvalu (TV)
  • U.S. Outlying Islands (UM)
  • U.S. Virgin Islands (VI)
  • Uganda (UG)
  • Ukraine (UA)
  • United Arab Emirates (AE)
  • United Kingdom (GB)
  • United States (US)
  • Uruguay (UY)
  • Uzbekistan (UZ)
  • Vanuatu (VU)
  • Vatican City (VA)
  • Venezuela (VE)
  • Vietnam (VN)
  • Wallis & Futuna (WF)
  • Western Sahara (EH)
  • Yemen (YE)
  • Zambia (ZM)
  • Zimbabwe (ZW)

Does CoinPayMaster allow the users from United States (US)?

USA flag

Yes, CoinPayMaster allows the registrations from the United States! Broker permits the users from 56 states and territories to register at and use the services exchange provides:

  • Alabama (AL)
  • Alaska (AK)
  • American Samoa (AS)
  • Arizona (AZ)
  • Arkansas (AR)
  • California (CA)
  • Colorado (CO)
  • Connecticut (CT)
  • Delaware (DE)
  • District of Columbia (DC)
  • Florida (FL)
  • Georgia (GA)
  • Guam (GU)
  • Hawaii (HI)
  • Idaho (ID)
  • Illinois (IL)
  • Indiana (IN)
  • Iowa (IA)
  • Kansas (KS)
  • Kentucky (KY)
  • Louisiana (LA)
  • Maine (ME)
  • Maryland (MD)
  • Massachusetts (MA)
  • Michigan (MI)
  • Minnesota (MN)
  • Mississippi (MS)
  • Missouri (MO)
  • Montana (MT)
  • Nebraska (NE)
  • Nevada (NV)
  • New Hampshire (NH)
  • New Jersey (NJ)
  • New Mexico (NM)
  • New York (NY)
  • North Carolina (NC)
  • North Dakota (ND)
  • Northern Mariana Islands (MP)
  • Ohio (OH)
  • Oklahoma (OK)
  • Oregon (OR)
  • Pennsylvania (PA)
  • Puerto Rico (PR)
  • Rhode Island (RI)
  • South Carolina (SC)
  • South Dakota (SD)
  • Tennessee (TN)
  • Texas (TX)
  • U.S. Virgin Islands (VI)
  • Utah (UT)
  • Vermont (VT)
  • Virginia (VA)
  • Washington (WA)
  • West Virginia (WV)
  • Wisconsin (WI)
  • Wyoming (WY)

Although the broker doesn't currently provide possibility to pay in the U.S. Dollars, we hope it may change in the future.

Customer service

Sorry, but we haven't collected enough data about this yet. Do you have any experience exchanging with the CoinPayMaster? Can you please add your testimonial? This will help everyone a lot, thanks!

Verification at CoinPayMaster

The broker respects the user privacy and doesn't require verification. You may stay anonymous while using CoinPayMaster, whatever exchange direction you need.

This is a rare find these days! You know, most of the exchanges require at least some verification. The absence of KYC policy saves the user time and prevents possible data leaks, we think that many people will appreciate such a possibility while dealing with CoinPayMaster!

Deposit/withdrawal speed

According to the data we have, CoinPayMaster processes all or most of the orders without an automation; orders require staff attention to be completed. The speed of money transfer varies a lot on such services, so it's good to know the situation here at this exchange.

Sorry, but we haven't collected enough data about this yet. Do you have any experience exchanging with the CoinPayMaster? Can you please add your testimonial? This will help everyone a lot, thanks!

Is CoinPayMaster instant?

So, what can we see? In accordance with the data we know about the broker, orders at CoinPayMaster are not instant. Although we don't have enough information about the order delivery speed from actual customers yet, sorry.

Customers' testimonials

Our users left 2 testimonials about their experience dealing with CoinPayMaster, 100% of the testimonials are positive, 0% are neutral and there are 0 negative ones. Feel free to read as many of these as you like!

SatoshiN., 71 testimonials
@ 11 Sep 2019
No more testimonials to show. The rest are either outdated or written in other languages. If you have any experience dealing with CoinPayMaster, can you please leave your testimonial? Thanks!

Overall result if great! 100% positive testimonials is something the business owners are very proud of, such a rating is hard to get and even harder to maintain! It means the community really trusts and likes the CoinPayMaster services, so most likely, you'd enjoy it too!

FAQ about CoinPayMaster

Does CoinPayMaster holds my funds?

It does not! One of the best things dealing with the brokers is that unlike most of other exchanges, such businesses instantly deliver your funds to your own wallet after the payment clearance.

Is CoinPayMaster a good broker?

According to our rating and the clients' testimonials, it is! Feel free to get acquainted with the details reading this review or just jump to the conclusion!

Is CoinPayMaster licensed? Does it hold e-money license?

It is not, and it's hard to even find information about any business registration, etc. Although the cryptocurrency regulation in Russia, CIS and most of the ex-USSR countries has not yet being set, so so almost all such exchanges there are operating like this.

Is CoinPayMaster a ripoff?

It definitely isn't! Feel free to read the whole this review to understand why or check our conclusion: is CoinPayMaster legit or scam.

CoinPayMaster vs other exchanges

Let's compare CoinPayMaster to other similar exchange services with similar features: others of broker type mostly. Besides, seems reasonable to compare the platform with the exchanges having similar rating and serving (mostly) the same geographic, etc. Remember that if you wish to find the exchange offering the best price to buy/sell Bitcoin and 33 other cryptos, check the best rates to buy bitcoin and crypto in United States!

CoinPayMaster vs Bitonic

Let's compare the key features of these two platforms to see which one suits you best:

  • Bitonic is a broker CoinPayMaster is a broker, both are using the same business model.
  • Bitonic had started the business May 2012 CoinPayMaster started the business September 2018 (Bitonic is working for 6 years and 4 months longer time).
  • Bitonic has all the required business licenses and permissions CoinPayMaster operates without a business registration or there is no information available about it (Bitonic's business model is more stable and safer for clients).
  • Besides buying and selling cryptocurrencies, Bitonic provides the following extra services: Merchant Services CoinPayMaster provides the same number of services as Bitonic: it allows us to purchase and sell digital currencies, swap cryptocoins and tokens.
  • Bitonic supports 1 cryptocurrencies CoinPayMaster allows to exchange 2 cryptos (CoinPayMaster supports 1 cryptocurrencies more).
  • 1 fiat currencies are available at Bitonic You'll be able to use 1 fiat currencies to swap with digital ones at CoinPayMaster (CoinPayMaster & Bitonic support the same number of fiat currencys).
  • Bitonic accepts deposits from and allows withdrawals to 1 fiat payment systems / banks CoinPayMaster allows the user to utilize 1 various fiat payment systems and/or banks (CoinPayMaster & Bitonic support the same number of banks and payment systems).
  • Bitonic charges 0.0% fee CoinPayMaster charges the client 7% — 14% fee, depending on the currency, payment system, etc. (CoinPayMaster has higher fees, generally).
  • Buying limits at Bitonic start from $1 and are up to $2,765 Deposit/withdraw limits at CoinPayMaster are $14 — $1,149 depending on the payment method (CoinPayMaster has higher buying/selling limits).
  • Bitonic allows registrations from 46 countries; we are sorry, but United States is not supported this time You may register at CoinPayMaster if you reside in one of 255 countries; it serves United States among others (CoinPayMaster supports more countries worldwide).
  • During the account verification Bitonic usually asks for 3 documents and/or procedures: (id verification, phone confirmation, a bank account verification) CoinPayMaster has no KYC procedures, you can be completely anonymous while exchanging here (CoinPayMaster 's KYC policy requires the customer to take less actions or to provide less data).
  • Our users left 5 testimonials about Bitonic, 100% of which are positive We've collected 2 users testimonials about CoinPayMaster, 100% are positive (CoinPayMaster & Bitonic share the same percentage of positive user reviews).

Although the final decision, which exchange — Bitonic or CoinPayMaster — is better is up to you, we'll try to help you with the decision. Both exchanges are great, although CoinPayMaster has a lower total rating 77 vs Bitonic with 100, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

CoinPayMaster vs BTCBIT

Let's compare the key features of these two platforms to see which one suits you best:

  • BTCBIT is a broker CoinPayMaster is a broker, both are using the same business model.
  • BTCBIT had started the business May 2017 CoinPayMaster started the business September 2018 (BTCBIT is working for 1 years and 3 months longer time).
  • BTCBIT has all the required business licenses and permissions CoinPayMaster operates without a business registration or there is no information available about it (BTCBIT's business model is more stable and safer for clients).
  • Besides the digital currencies exchange, BTCBIT provides no extra services CoinPayMaster provides more exchange-related services: it allows us to purchase and sell digital currencies, swap cryptocoins and tokens.
  • BTCBIT doesn't have any fiat currencies supported You'll be able to use 1 fiat currencies to swap with digital ones at CoinPayMaster (CoinPayMaster supports 1 fiat currencies more).
  • BTCBIT doesn't allow any fiat payments CoinPayMaster allows the user to utilize 1 various fiat payment systems and/or banks (CoinPayMaster supports 1 fiat payment systems and banks more).
  • BTCBIT allows registrations from 221 countries; United States is among the supported ones You may register at CoinPayMaster if you reside in one of 255 countries; it serves United States among others (CoinPayMaster supports more countries worldwide).
  • During the account verification BTCBIT usually asks for some (it depends) documents and/or procedures CoinPayMaster has no KYC procedures, you can be completely anonymous while exchanging here (CoinPayMaster 's KYC policy requires the customer to take less actions or to provide less data).
  • Our users left 8 testimonials about BTCBIT, 100% of which are positive We've collected 2 users testimonials about CoinPayMaster, 100% are positive (CoinPayMaster & BTCBIT share the same percentage of positive user reviews).

Although the final decision, which exchange — BTCBIT or CoinPayMaster — is better is up to you, we'll try to help you with the decision. Both exchanges are great, although CoinPayMaster has a lower total rating 77 vs BTCBIT with 96, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

CoinPayMaster vs exchangeON

Let's compare the key features of these two platforms to see which one suits you best:

  • exchangeON is a broker CoinPayMaster is a broker, both are using the same business model.
  • exchangeON had started the business December 2018 CoinPayMaster started the business September 2018 (CoinPayMaster operates 3 months longer).
  • exchangeON operates without a business registration or there is no information available about it CoinPayMaster operates without a business registration or there is no information available about it (both exchange services operate using the same approach to the business, utilizing a same legal model).
  • Besides buying and selling cryptocurrencies, exchangeON provides no extra services CoinPayMaster provides more exchange-related services: it allows us to purchase and sell digital currencies, swap cryptocoins and tokens.
  • exchangeON supports 3 cryptocurrencies CoinPayMaster allows to exchange 2 cryptos (CoinPayMaster supports 1 cryptocurrencies less).
  • 3 fiat currencies are available at exchangeON You'll be able to use 1 fiat currencies to swap with digital ones at CoinPayMaster (CoinPayMaster supports 2 fiat currencies less).
  • exchangeON accepts deposits from and allows withdrawals to 6 fiat payment systems / banks CoinPayMaster allows the user to utilize 1 various fiat payment systems and/or banks (CoinPayMaster supports 5 banks and fiat payment systems less).
  • exchangeON charges -3% — -1% fee CoinPayMaster charges the client 7% — 14% fee, depending on the currency, payment system, etc. (CoinPayMaster has higher fees, generally).
  • Buying limits at exchangeON start from $39 and are up to $2,376 Deposit/withdraw limits at CoinPayMaster are $14 — $1,149 depending on the payment method (CoinPayMaster has higher buying/selling limits).
  • exchangeON allows registrations from 255 countries; United States is among the supported ones You may register at CoinPayMaster if you reside in one of 255 countries; it serves United States among others (CoinPayMaster & exchangeON support the same number of countries and territories).
  • exchangeON allows the user to be anonymous, there is no account verification, etc. CoinPayMaster has no KYC procedures, you can be completely anonymous while exchanging here (CoinPayMaster & exchangeON require the client to pass through the — more or less — the same process during the verification).
  • Our users left 3 testimonials about exchangeON, 100% of which are positive We've collected 2 users testimonials about CoinPayMaster, 100% are positive (CoinPayMaster & exchangeON share the same percentage of positive user reviews).

Although the final decision, which exchange — exchangeON or CoinPayMaster — is better is up to you, we'll try to help you with the decision. Both exchanges are great, although CoinPayMaster has a better total rating 77 vs exchangeON's 76, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

CoinPayMaster vs cronex

Let's compare the key features of these two platforms to see which one suits you best:

  • cronex is a broker CoinPayMaster is a broker, both are using the same business model.
  • cronex had started the business April 2019 CoinPayMaster started the business September 2018 (CoinPayMaster operates 6 months longer).
  • cronex operates without a business registration or there is no information available about it CoinPayMaster operates without a business registration or there is no information available about it (both exchange services operate using the same approach to the business, utilizing a same legal model).
  • Besides buying and selling cryptocurrencies, cronex provides no extra services CoinPayMaster provides more exchange-related services: it allows us to purchase and sell digital currencies, swap cryptocoins and tokens.
  • cronex supports 1 cryptocurrencies CoinPayMaster allows to exchange 2 cryptos (CoinPayMaster supports 1 cryptocurrencies more).
  • 3 fiat currencies are available at cronex You'll be able to use 1 fiat currencies to swap with digital ones at CoinPayMaster (CoinPayMaster supports 2 fiat currencies less).
  • cronex accepts deposits from and allows withdrawals to 2 fiat payment systems / banks CoinPayMaster allows the user to utilize 1 various fiat payment systems and/or banks (CoinPayMaster supports 1 banks and fiat payment systems less).
  • cronex charges -1% — 7% fee CoinPayMaster charges the client 7% — 14% fee, depending on the currency, payment system, etc. (CoinPayMaster has higher fees, generally).
  • Buying limits at cronex start from $8 and are up to $2,000 Deposit/withdraw limits at CoinPayMaster are $14 — $1,149 depending on the payment method (CoinPayMaster has higher buying/selling limits).
  • cronex allows registrations from 255 countries; United States is among the supported ones You may register at CoinPayMaster if you reside in one of 255 countries; it serves United States among others (CoinPayMaster & cronex support the same number of countries and territories).
  • cronex allows the user to be anonymous, there is no account verification, etc. CoinPayMaster has no KYC procedures, you can be completely anonymous while exchanging here (CoinPayMaster & cronex require the client to pass through the — more or less — the same process during the verification).
  • Our users left 2 testimonials about cronex, 100% of which are positive We've collected 2 users testimonials about CoinPayMaster, 100% are positive (CoinPayMaster & cronex share the same percentage of positive user reviews).

Although the final decision, which exchange — cronex or CoinPayMaster — is better is up to you, we'll try to help you with the decision. Both exchanges are great, although CoinPayMaster has a better total rating 77 vs cronex's 73, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

CoinPayMaster vs RamonCash

Let's compare the key features of these two platforms to see which one suits you best:

  • RamonCash is a broker CoinPayMaster is a broker, both are using the same business model.
  • RamonCash had started the business June 2018 CoinPayMaster started the business September 2018 (RamonCash is working for 3 months longer time).
  • RamonCash operates without a business registration or there is no information available about it CoinPayMaster operates without a business registration or there is no information available about it (both exchange services operate using the same approach to the business, utilizing a same legal model).
  • Besides buying, selling and exchanging cryptocurrencies, RamonCash provides no extra services CoinPayMaster provides the same number of services as RamonCash: it allows us to purchase and sell digital currencies, swap cryptocoins and tokens.
  • RamonCash supports 10 cryptocurrencies CoinPayMaster allows to exchange 2 cryptos (CoinPayMaster supports 8 cryptocurrencies less).
  • 3 fiat currencies are available at RamonCash You'll be able to use 1 fiat currencies to swap with digital ones at CoinPayMaster (CoinPayMaster supports 2 fiat currencies less).
  • RamonCash accepts deposits from and allows withdrawals to 12 fiat payment systems / banks CoinPayMaster allows the user to utilize 1 various fiat payment systems and/or banks (CoinPayMaster supports 11 banks and fiat payment systems less).
  • RamonCash charges 1% — 20% fee CoinPayMaster charges the client 7% — 14% fee, depending on the currency, payment system, etc. (CoinPayMaster & RamonCash charge the customer with the equal fee level, more or less).
  • Buying limits at RamonCash start from $20 and are up to $42,852 Deposit/withdraw limits at CoinPayMaster are $14 — $1,149 depending on the payment method (CoinPayMaster has lower buying/selling limits).
  • RamonCash allows registrations from 255 countries; United States is among the supported ones You may register at CoinPayMaster if you reside in one of 255 countries; it serves United States among others (CoinPayMaster & RamonCash support the same number of countries and territories).
  • RamonCash allows the user to be anonymous, there is no account verification, etc. CoinPayMaster has no KYC procedures, you can be completely anonymous while exchanging here (CoinPayMaster & RamonCash require the client to pass through the — more or less — the same process during the verification).
  • Our users left 2 testimonials about RamonCash, 100% of which are positive We've collected 2 users testimonials about CoinPayMaster, 100% are positive (CoinPayMaster & RamonCash share the same percentage of positive user reviews).

Although the final decision, which exchange — RamonCash or CoinPayMaster — is better is up to you, we'll try to help you with the decision. Both exchanges are great, although CoinPayMaster has a lower total rating 77 vs RamonCash with 78, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

Conclusion: is CoinPayMaster legit or scam?

Now it's time to draw a conclusion, is CoinPayMaster a scam or is it a legit exchange? Well, CoinPayMaster is definitely a legit exchange, it can't be called scam for sure! Let's summarize what we like most (and what we don't) about the CoinPayMaster:

  • There is no information about the business entity, regulatory compliance, etc.
  • The broker doesn't hold customers' funds, instantly delivering monies to your wallet
  • The website was launched rather recently; exchange was started 1 years and 2 months ago
  • Exchange supports only 2 cryptocurrencies and just 1 fiat ones (totally 1 payment systems / banks are available). There are no extra services besides the digital currencies exchange
  • It charges very high fees: from 7% to 14% depending on the payment method
  • The purchase and withdrawal limits are medium: from $14 to $1,149 USD, it depends on a payment system choice
  • CoinPayMaster allows registrations from 255 countries; people from United States may use the service
  • You may remain anonymous while using the exchange services. We should add that there are not so many exchanges with no KYC left these days!
  • Clients' testimonials are perfect, 100% (2 out of 2) note their positive experience dealing with CoinPayMaster.

Overall rating for CoinPayMaster: 77 / 100