BUSINESS MODEL
*for 1HY 2023
*for 1HY 2023

FOR SETTLEMENTS
WITH PARTNERS
VOLATILITY RISK
Hold fiat currencies and convert to crypto only at the time of payment.
COVERAGE
Send and receive crypto payments almost worldwide — no borders.
FEES
A fixed fee per transaction without hidden costs or exchange rate markups.
ONBOARDING
Fast KYB verification and account setup by our in-house compliance department.
DOCUMENTS
Preparation of full accounting documentation for every transaction.
SUPPORTED
Fund the wallet through SWIFT and SEPA transfers or withdraw fiat directly to your bank account.
CORPORATE
CRYPTO WALLET:
KEY FEATURES



WHAT MAKES
OUR CRYPTO WALLET
BUSINESS-READY
WITH CRYPTOPROCESSING BY COINSPAID
Define employee access
levels based on roles
and responsibilities
to ensure secure,
need-to-know usage.
Enable dual-approval
for large transactions –
at least two administrators
should confirm before execution.
Use a hot wallet for operational needs
and automatically transfer
extra funds to secure cold storage.
Reliable and well-known
leading risk-scoring systems
to check every crypto payment.
Integrated KYB procedures
supported by an in-house
compliance department
with AML officers & MLRO.
Regular cybersecurity audits
are conducted by Hexen and Hacken,
with zero vulnerabilities detected.

YOUR JOURNEY
WITH CRYPTO TODAY!
AND OUR MANAGER WILL CONTACT
YOU IN 5 MINUTES VIA EMAIL.
Crypto Business Wallet FAQ
What is a crypto wallet?
A crypto wallet is a software application or hardware device that stores the public and private keys used to access and manage digital assets for crypto transactions.
- The public key is similar to a bank account number and is used to receive funds.
- The private key is like a PIN. It’s required to authorize transactions and must be kept secure.
Crypto wallets for companies do not store cryptocurrency directly. Instead, they provide access to balances and transactions recorded on the blockchain.
A business crypto wallet is the tool used to manage crypto payments and store digital assets securely.
How do crypto wallets work?
To send crypto, the company’s crypto wallet uses a private key to verify the transaction and prove ownership. The transaction is then confirmed by the blockchain and becomes final.
Sending crypto:
- The sender enters the recipient’s public wallet address and amount.
- The wallet signs the transaction using the private key.
- The signed transaction is broadcast to the blockchain.
- After confirmation, the recipient receives the funds.
To receive crypto, a business shares its public wallet address. Once confirmed, the funds become accessible via the wallet.
Receiving crypto:
- The recipient shares their public wallet address.
- The sender transfers funds to that address.
- Once confirmed by the blockchain, the balance appears in the recipient’s wallet.
Bitcoin or Ethereum wallet?
Some crypto wallets are designed to support only a single cryptocurrency, such as Bitcoin or Ethereum. For example, Bitcoin Core is a free, open-source program that functions as a dedicated Bitcoin wallet and is used exclusively for BTC transactions.
Choosing the right wallet depends on the cryptocurrency the company plans to use for payments, settlements, or treasury operations.
Is it possible to use one wallet for multiple cryptocurrencies?
Yes. Many crypto wallets for businesses support multiple cryptocurrencies. For example, a business wallet from CryptoProcessing allows companies to manage not only BTC and ETH, but also other digital assets such as ADA, TRX, SOL, XRP, and more from a single interface.
Can a business hold a crypto wallet?
Yes. Businesses can legally use crypto wallets unless restricted by local regulations.
Corporate crypto wallets, such as the Business Wallet by CryptoProcessing, are built specifically for companies and allow businesses to:
- Accept crypto payments
- Settle with contractors and affiliates
- Withdraw funds to a bank account
How to set up a crypto business wallet?
To set up a business wallet with CryptoProcessing.com, a company signs a client agreement and completes a short integration. A personal manager helps adjust the business wallet to specific needs. Setup usually takes 1-2 days.
The usage of a standard non-custodial wallet like MetaMask requires the installation of a browser extension and saving the seed phrase. However, the setup is quick, these wallets may lead to security and compliance issues for businesses.
How to keep track of a crypto business wallet and transactions?
The use of a business-grade crypto payment processor simplifies transaction tracking and wallet management.
The key features include:
- Detailed reports by coin, customer, and other markers
- Tools for tax reporting and regulatory compliance
- Integration of a crypto wallet for businesses, OTC desk, and payment gateway
These tools help businesses manage payments efficiently across treasury, sales, and accounting functions.
What types of business wallets exist?
Business wallets are generally classified by custody type and by wallet access (hot or cold). Non-custodial and hot wallets are common choices for many companies. This choice depends on the use case and security requirements.
Custodial / Non-custodial wallets
- Custodial wallets. The service provider controls the private keys. These Bitcoin/altcoin wallets are easy to recover if access is lost, but require trusting the provider. Such wallets are often integrated into platforms like CryptoProcessing for secure crypto transactions.
- Non-custodial wallets. The company controls the crypto wallet’s private keys. It provides full ownership of funds, but also full responsibility for security and key management. These wallets offer more independence but come with high risks if mismanaged.
Hot / Cold wallets
- Hot wallets. Connected to the internet and used for day-to-day transactions. They are suitable for operational use but require strong security protocols.
- Cold wallets. These offline wallets are used to store large reserves or inactive funds. Cold wallets are well-suited for long-term storage and high security.
How to choose the right crypto wallet for the business?
When looking for a crypto wallet for a company, it’s recommended to focus on flexibility, security, and operational fit. Consider the following factors:
- Provider flexibility. The ability to support various business models, such as OTC trading or payment processing, and to adapt to specific operational needs. For example, CryptoProcessing offers custom setups for different industries.
- Integrated business tools. Features like OTC desks, automated payment options, and detailed reporting can simplify financial operations and improve visibility.
- Custody type. The level of control over private keys impacts both security and risk management. Custodial and non-custodial options offer different trade-offs.
- Hot/cold wallet support. Hot wallets support frequent transactions, while cold wallets offer high security for long-term asset storage.
- Fee structure. Understanding transaction, conversion, and withdrawal fees is important for budgeting and cost-efficiency.
- Reputation. The provider’s background, client feedback, and industry collaborations can help assess long-term trustworthiness and stability.