What CoinsBee does

Coinsbee GmbH operates a global online marketplace that enables consumers to purchase digital gift cards, mobile phone top-ups, and crypto vouchers using cryptocurrencies. Founded in January 2019 and headquartered in Stuttgart, Germany, the company serves crypto holders in 185+ countries through its web platform at coinsbee.com, native iOS and Android apps, and a Telegram Shop Bot. Its catalog spans over 5,000 brands across categories including e-commerce, gaming, entertainment, travel, food, electronics, and fashion, alongside mobile top-ups from more than 440 carriers in 166+ countries. The platform supports 23 languages and serves a self-serve base of 500,000+ users, with a 4.5/5 Trustpilot rating as the principal reputational signal.

The platform's core technology is a cryptocurrency payment processing engine that accepts 250+ digital currencies (including BTC, ETH, LTC, USDT, TON, DOGE, XRP) routed through a network of crypto payment partners (Binance Pay, KuCoin Pay, Crypto.com Pay, Remitano, CoinGate, MixPay, NOWPayments), with traditional card rails also supported. Compliance infrastructure is delivered via a KYC partnership with Sumsub, tiered limits of €1,000 per order and €10,000 cumulative without verification, and AML/CTF procedures including OFAC and EU sanctions screening under GDPR-compliant data handling. The CoinsBee brand is registered as an international trademark.

The business model is transactional and product-led: CoinsBee purchases gift cards and mobile top-up codes at wholesale and resells them at a markup to crypto-paying consumers, capturing the spread (industry-typical 1–3% take rates) plus partner cashback economics (e.g., Binance Pay 4% cashback, KuCoin Pay 7% perks). Go-to-market is entirely self-serve with no sales touch for standard purchases; distribution is amplified by exchange partnerships (first provider on Binance Marketplace, Bybit integration in June 2025, Remitano integration in 2021), an owned blog and 20,000-subscriber newsletter, and broad social presence. The company has disclosed no material external funding round and operates with a lean team of 1–10 employees, indicating a bootstrapped, capital-efficient operating model.

Name

CoinsBee

Legal name

Coinsbee GmbH

Website

https://coinsbee.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

CoinsBee is a Stuttgart-headquartered marketplace that lets cryptocurrency holders in 185+ countries purchase 5,000+ brand gift cards and 440+ carrier mobile top-ups using 250+ digital currencies, distributed via Binance, Bybit, and Remitano integrations.

Ownership category

akta.pro rank

Product category

Cryptocurrency Gift Card Marketplace

SIC

Finance Services (6199)

akta.pro primary industry

Digital Gift Cards, Vouchers & Stored-Value (Crypto) (FSADAIAN)

Keywords

• Crypto gift cards
• Mobile top-ups
• Cryptocurrency payments
• Digital marketplace
• Prepaid products

Headquarters

HQ city

Stuttgart

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Digital Commerce or Content

Cost components

Technology or R&D, Operations, Marketing or Sales, Personnel, Infrastructure

Revenue model

1. Gift Card and Mobile Top-Up Sales: CoinsBee earns revenue by selling gift cards and mobile phone top-ups to customers who pay with cryptocurrency. The platform charges transaction costs typically ranging from 1-3% as noted in industry comparisons. The spread between wholesale purchase price and retail sale price to customers constitutes the primary revenue stream.
2. Payment Processing Services: Facilitates crypto-to-gift-card conversions for customers, earning fees on each transaction. The platform supports 250+ cryptocurrencies and multiple payment providers, with revenue generated through transaction fees built into the pricing of gift cards and top-ups.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Core offering

CoinsBee operates a global online marketplace where cryptocurrency holders can purchase digital gift cards for 5,000+ brands and prepaid mobile phone top-ups for 440+ carriers. The platform accepts 250+ cryptocurrencies along with cards and exchange payment options (Binance Pay, KuCoin Pay, Crypto.com Pay, Remitano), and instantly delivers gift card codes via email across 185+ countries.

Product overview

CoinsBee is a cryptocurrency-powered marketplace that enables users to purchase digital gift cards and mobile phone top-ups using Bitcoin and over 200 other cryptocurrencies. The platform operates across 185+ countries offering access to more than 5,000 brands. The core product is the Gift Cards marketplace, complemented by Mobile Top-Up services for prepaid phone credit recharge. Additional offerings include Crypto Vouchers for gifting cryptocurrency, along with mobile apps for iOS/Android and a Telegram Shop Bot for accessibility. Users can pay with various crypto payment processors including Binance Pay, KuCoin Pay, Crypto.com Pay, and Remitano. The platform supports 23 languages and is available as both a web platform and mobile application.

Differentiator

Problem solved

Functional benefit

Products and services

• Gift Cards Digital gift cards purchasable with cryptocurrency for 5,000+ brands including Amazon, Netflix, Steam, Spotify, PlayStation, Xbox, Uber Eats, DoorDash, Hotels.com, and many others across categories such as e-commerce, gaming, entertainment, travel, fashion, food, and electronics.
• Mobile Top-Ups Prepaid mobile phone credit recharges available for over 440 providers in over 166 countries, allowing users to top up their mobile balance within minutes using cryptocurrency payments.
• Crypto Vouchers Vouchers that allow recipients to choose and receive cryptocurrency; purchased as gifts using cryptocurrency or fiat, redeemable by recipients who select their preferred digital currency.
• CoinsBee Mobile App Native mobile application for iOS and Android providing full platform functionality, faster checkout, and exclusive promotions for purchasing gift cards and mobile top-ups with cryptocurrency.
• CoinsBee Telegram Shop Bot Official Telegram bot (@CoinsbeeBot) enabling in-app browsing and purchasing of gift cards and top-ups within the Telegram messaging platform, integrating with Telegram Wallet for seamless crypto spending.

Quantifiable outcome

• Trusted by 500,000+ users globally
• +3 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• BybitcoreChannel Partner/ Reseller/ Distributor · 1 January 2025Strategic partnership announced to expand payment options and enhance accessibility for millions of Bybit users worldwide. The collaboration brings smoother integration and exclusive promotions for Bybit users through the CoinsBee platform. The most recent major partnership as of the provided data.
• BinancecoreChannel Partner/ Reseller/ Distributor · 1 January 2021Strategic partnership integrating Binance Pay as the first provider on the Binance Marketplace. This flagship partnership gives CoinsBee direct access to Binance's massive user base, allowing users to purchase gift cards directly through Binance's ecosystem with Binance Pay. The partnership was established in 2021.
• RemitanominorChannel Partner/ Reseller/ Distributor · 1 January 2021Partnership integrating Remitano as a payment option on CoinsBee. Remitano, a peer-to-peer crypto exchange platform, enables its users to access CoinsBee's gift card and mobile top-up services through their platform. Established in 2021.
• SumsubcoreTechnology or IntegrationCertified KYC partner providing privacy-focused identity verification services. Sumsub enables CoinsBee to conduct customer due diligence in compliance with AML/CTF regulations while maintaining data protection standards. All data is stored encrypted and not passed to third parties.

Scale indicators8 records

Recent moves9 records

Expansion highlights5 records

Broad incumbents

• Paxful: Paxful is a peer-to-peer crypto marketplace and payment platform with adjacent gift card trading features. It targets similar crypto holder demographics and overlaps with CoinsBee on payment and gift card use cases.
• Crypto.com Pay: Crypto.com operates a payment platform and Visa card program with its own gift card marketplace functionality. It overlaps with CoinsBee's crypto-to-gift-card use case while offering broader exchange and card services.
• Bitcoin.com: Bitcoin.com operates a crypto wallet, exchange, and merchant services including gift card purchases. It competes with CoinsBee for crypto holder wallet spending and merchant acceptance flows.
• Binance Gift Cards: Binance offers its own native gift card marketplace and Binance Pay functionality, putting it in direct competition with CoinsBee. As one of CoinsBee's largest distribution partners, Binance's internal gift card offering represents both a partnership channel and a competitive threat.

Direct peers

• NOWPayments: NOWPayments is a crypto payment gateway that also powers gift card and voucher services for merchants. It is both a payment infrastructure partner for CoinsBee and a competing crypto-to-gift-card provider.
• Bitrefill: Bitrefill is the leading global marketplace for buying gift cards and mobile top-ups with Bitcoin, Ethereum, and other cryptocurrencies. It is the closest direct competitor to CoinsBee, offering a similar catalog of brands, mobile operators, and crypto payment options globally.
• CoinGate: CoinGate is a cryptocurrency payment gateway and also operates a gift card marketplace, overlapping with CoinsBee's core offering. As a CoinsBee payment infrastructure partner, CoinGate represents both a technology supplier and a competing marketplace in the same product category.
• Bidali: Bidali is a crypto-native gift card and mobile top-up platform similar to CoinsBee, enabling users to spend digital assets on mainstream brands. It serves comparable use cases for crypto holders seeking real-world utility.

Others

• eGifter: eGifter is a traditional digital gift card marketplace with crypto payment integrations. It is adjacent to CoinsBee's gift card marketplace model but not crypto-native, making it a partial comparability match.

Emerging players

• Cake Wallet: Cake Wallet is a non-custodial crypto wallet integrating gift card and merchant spending features. It competes at the wallet-native spending layer where CoinsBee's Telegram and mobile app also operate.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key highlights7 records

Customer concentration

• Xx.com/coinsbee
• YouTubeyoutube.com/channel/UCkZ37X-UMx-8nabO6MHS4ZQ
• Facebookfacebook.com/coinsbee
• Instagraminstagram.com/coinsbee
• TikToktiktok.com/@coinsbee

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CoinsBee