Software Alternatives, Accelerators & Startups

Toshi VS CoinPayments

Compare Toshi VS CoinPayments and see what are their differences

Toshi logo Toshi

A browser for the Ethereum network

CoinPayments logo CoinPayments

Payment gateway providing buy now buttons, shopping carts, and more to accept Bitcoin, Litecoin, and other cryptocurrencies/altcoins on your website/online store.
  • Toshi Landing page
    Landing page //
    2023-10-11
  • CoinPayments Landing page
    Landing page //
    2023-04-01

Toshi features and specs

  • Ease of Use
    Toshi is designed with a user-friendly interface, making it easy for both beginners and experienced users to navigate and manage their cryptocurrency assets.
  • Integrated DApp Browser
    The wallet includes a built-in decentralized application (DApp) browser, allowing users to easily access and interact with a variety of DApps directly from the wallet.
  • Security
    Toshi prioritizes the security of users' funds and personal information, offering features like private key control, secure login, and biometric authentication.
  • Multi-Currency Support
    Supports a wide range of cryptocurrencies, enabling users to manage different assets within a single wallet.
  • Integration with Coinbase
    As part of the Coinbase ecosystem, Toshi offers seamless integration with Coinbase's services, allowing for easy transfers between Coinbase accounts and the wallet.

Possible disadvantages of Toshi

  • Dependency on Coinbase
    Being part of the Coinbase ecosystem might limit the wallet’s independence, potentially affecting its functionality if there are changes in Coinbase’s policies or infrastructure.
  • Limited Non-Custodial Features
    While Toshi offers robust security features, some functionalities offered by other non-custodial wallets, which provide total control over private keys, might be limited.
  • Internet Connection Requirement
    As with most online wallets, it requires an internet connection to access and manage assets, which could be a drawback for users in areas with poor connectivity.
  • Potential for Centralization
    Integration with Coinbase, a centralized entity, may introduce elements of centralization, which could concern users who prioritize complete decentralization for privacy or ideological reasons.
  • Geographical Restrictions
    Certain features and functionalities might be restricted in specific regions due to regulatory issues, limiting accessibility for some users.

CoinPayments features and specs

  • Wide Range of Supported Cryptocurrencies
    CoinPayments supports over 2,300 different cryptocurrencies, making it highly versatile for merchants and users who want to handle multiple types of digital assets.
  • Global Reach
    CoinPayments allows for cross-border transactions, making it accessible for businesses and users globally. This can help expand business markets without being limited by geographical boundaries.
  • Shopping Cart Plugins
    The platform offers numerous plugins for popular e-commerce platforms like WooCommerce, Magento, and Shopify, allowing seamless integration and easier setup for online stores.
  • Low Transaction Fees
    CoinPayments features relatively low transaction fees, which can be beneficial for both merchants and customers looking to save on costs.
  • Multi-signature Wallets
    The platform offers multi-signature wallets for added security, ensuring that multiple parties must sign off on a transaction before it is executed.

Possible disadvantages of CoinPayments

  • Security Concerns
    As with any online wallet and payment processor, CoinPayments is not immune to security breaches. There have been instances in the past where the platform has been compromised.
  • Customer Support Issues
    Some users have reported subpar customer support services, with slow response times and unresolved issues, which can be problematic for urgent matters.
  • Complex User Interface
    The platform's user interface can be overwhelming and complex, particularly for beginners who are not familiar with how cryptocurrencies work.
  • Regulatory Uncertainty
    The regulatory landscape for cryptocurrencies is still evolving, and CoinPayments could be affected by new laws and regulations, impacting its operations and user experience.
  • Occasional Downtime
    Users have reported instances of the platform being temporarily unavailable, which can disrupt transactions and pose a risk to time-sensitive payments.

Analysis of Toshi

Overall verdict

  • Coinbase Wallet (formerly Toshi) is generally considered a good option for those seeking a secure and user-friendly cryptocurrency wallet. Its strong ties to Coinbase provide additional reliability and support, making it suitable for both beginners and experienced users.

Why this product is good

  • Toshi, now integrated into Coinbase Wallet, offers a seamless user experience for managing and storing cryptocurrencies. It provides enhanced security features, such as private key encryption and multi-signature support, making it a reliable choice for users interested in securing their digital assets. Additionally, its integration with Coinbase simplifies the process of buying, selling, and transferring cryptocurrencies, while also offering support for decentralized applications (dApps) and a wide range of tokens.

Recommended for

  • Individuals seeking a secure and easy-to-use cryptocurrency wallet.
  • Users who frequently interact with dApps and need a wallet that supports them.
  • Current Coinbase users looking for an integrated wallet solution.
  • Cryptocurrency enthusiasts interested in storing a variety of tokens and engaging in DeFi activities.

Analysis of CoinPayments

Overall verdict

  • CoinPayments is generally regarded as a good option for businesses and individuals looking to accept and manage cryptocurrency payments. Its wide range of supported currencies and ease of integration make it a convenient choice for diverse users. However, users should consider their specific needs and evaluate other options available in the market to ensure the best fit for their requirements.

Why this product is good

  • CoinPayments is considered a reliable and popular cryptocurrency payment processor due to its extensive support for numerous cryptocurrencies, competitive transaction fees, and user-friendly interface. It also offers additional features like secure multi-sig wallets, automatic coin conversion, and shopping cart plugins for e-commerce platforms, enhancing its functionality for both vendors and customers.

Recommended for

    CoinPayments is recommended for small to medium-sized businesses, freelancers, and online merchants who wish to accept a variety of cryptocurrencies without dealing with the complexity of running a full node. It's also suitable for users seeking an easy-to-use platform that provides auxiliary services like wallets and currency conversion.

Toshi videos

Toshi Watch Straps

More videos:

  • Review - Toshi Station M1911 Toy Gun Review

CoinPayments videos

Coinpayments - how to use a Coinpayments account!

More videos:

  • Review - CoinPayments Review - Is it Safe to Use?
  • Review - BITCOIN WALLET - Coinpayments.net Review

Category Popularity

0-100% (relative to Toshi and CoinPayments)
Cryptocurrencies
70 70%
30% 30
Crypto
100 100%
0% 0
Crypto Payments
0 0%
100% 100
Cryptocurrency Wallets
82 82%
18% 18

User comments

Share your experience with using Toshi and CoinPayments. For example, how are they different and which one is better?
Log in or Post with

Reviews

These are some of the external sources and on-site user reviews we've used to compare Toshi and CoinPayments

Toshi Reviews

We have no reviews of Toshi yet.
Be the first one to post

CoinPayments Reviews

Best Crypto Payment Gateways 2024
– Point-of-Sale Solutions: CoinPayments’ point-of-sale solutions empower brick-and-mortar businesses to accept cryptocurrencies seamlessly. From retail stores to cafes, merchants can leverage CoinPayments’ POS terminals to facilitate crypto transactions with ease.
Source: bitcoinist.com
9 Best Cryptocurrency Payment Gateways Reviewed [January 2023]
CoinPayments has been working in the industry since 2013 and is now one of the most preferred payment gateways. It serves as a digital payment platform in more than 200 countries and helps users to make payments in cryptocurrencies. CoinPayments has a multi-coin wallet feature and also supports a mobile PoS system.
Source: coingape.com

Social recommendations and mentions

Toshi might be a bit more popular than CoinPayments. We know about 37 links to it since March 2021 and only 28 links to CoinPayments. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Toshi mentions (37)

  • Bokeverse - The decentralised 2D Open World RPG
    MetaMask, Coinbase or any other wallet that supports the Ethereum network. - Source: dev.to / over 2 years ago
  • Coinbase Cloud Node & NFT APIs
    An NFT on Ethereum Mainnet (NFT Contract address and NFT ID number). - Source: dev.to / over 2 years ago
  • Are there any plans to add Bitcoin support to the Coinbase Wallet on PC?
    I created a Coinbase Wallet following the link from https://wallet.coinbase.com to install a Web browser extension but was disappointed to see it doesn't support BTC. Apparently, only the mobile app versions of the Coinbase Wallet support BTC. Are there any plans to add that functionality to the desktop version of the wallet? Source: almost 3 years ago
  • I lost over $50,000 from a DApp phishing mining pool scam in Coinbase Wallet
    A few days ago, all my money, $58,797, in my Coinbase Wallet was drained from my wallet without me knowing about it until I opened my wallet. Source: almost 3 years ago
  • Coinbase’s NFT Marketplace Opens to All, But Users Don’t Show Up
    Go set up your new profile now → http://nft.coinbase.com. Source: about 3 years ago
View more

CoinPayments mentions (28)

  • Did i get scammed?
    I traced the transaction and the receiver of the bitcoin is very likely a client of the exchanges Binance with deposit address 12btBTaJ6bNqeaMjMEZWtqLmQdXbwrKy6y and of coinpayments with deposit address 3Drg7n1RxqfTXPAf3yz9HghwVuR3v8CZtp. Source: almost 2 years ago
  • I'm about to open an online shop which mainly accepts cryptocurrencies and I have a few questions:
    I'm looking right now at coinpayments.net and mixpay.me both are looking nice but I never had an opportunity to use any of them either as a customer or seller. If anyone has trusted easy to use solution with the WordPress plugin I would be grateful for advice. Ahh I have to be able to accept Monero. Source: about 2 years ago
  • $$$ TOP AFFILIATE PROGRAMS 2022 $$$
    CoinPayments -- 25% Transaction Fees For 5 Years -- https://coinpayments.net -- Cryptocurrency. Source: almost 3 years ago
  • Bitcoin has become the perfect currency for gambling
    CoinPayments https://coinpayments.net/. Source: almost 3 years ago
  • 🎰 LuckyToken (LKT) ♥️ A Provably Fair Casino on BSC ✅ Casino Live 🍀 Presale 8th November - Join Today - Low Starting Market Cap - 1000x Potential
    LKT Casino will soon be accepting multiple payment methods via CoinPayments.net, this will be introduced shortly after the token goes live. Source: over 3 years ago
View more

What are some alternatives?

When comparing Toshi and CoinPayments, you can also consider the following products

Jaxx - Jaxx.io is a blockchain wallet available as desktop software, a mobile app, or as a Chrome extension

Exodus.io - All-in-one app to secure, manage and exchange blockchain assets.

MyEtherWallet - MyEtherWallet is a free, open-source, client-side interface.

BitPay - Bitcoin payment gateway. Enterprise-grade solutions, from the pioneer of bitcoin payments.

Trezor.io - The Hardware Bitcoin Wallet

Coinbase - Bitcoin, safe and easy.

OSZAR »