The CoinPayments team has officially launched their own utility token - the CPS Coin. The token will be built on top of the Syscoin blockchain and will greatly benefit its users.
All CPS Coins held in the CoinPayments platform will experience several great benefits which include:
Merchants will be able to save 50% on any transaction fees payed with the CPS Coin
Receive rebates on conversion and network withdrawal fees
Any coins hosted on the marketplace will receive a 50% discount on hosting fee
Discounted rates available for any participants in CoinPayments hosted ICOs
Last but not least, all CPS Coin holders will earn up to 25% annually through staking