Coinsxo

Unregulated crypto payment processor

Coinsxo is an unregulated and anonymously operating crypto payment processor that does not disclose any information about legal entities or individuals connected with it. However, it claims that Cyprus is the applicable jurisdiction.

Recently, we noticed the Coinsxo crypto payment processor in IGC Markets (www.igcmarkets.com) as a supporting payment processor. There it was integrated into the BoxiPay cashier. On the Coinsxo website (www.coinsxo.com), no information is provided about the operator. Furthermore, Coinsxo looks like it could be a white label solution powered by Coriunder (www.coriunder.com). But we may be wrong at this point.

We also learned in our review that Coinsxo works with the domain ZCoinPay.com (PC42 profile), which it deployed for the checkout at the IGC Markets scam.

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