10 Best Bitcoin and Cryptocurrency Payment Gateways Of 2024

Updated December 23, 2024
Written by Ezra Icy
Editorial Note: The Coingape Marketing Editor Team provided a neutral viewpoint when creating the content. Though we receive commission for sponsored additions, this has no bearing on our assessments of the subject.
Cryptocurrency Payment Gateway

Due to emerging cryptocurrencies, various options for crypto payment gateways have appeared. These services act like mediators since they help connect merchants and users of cryptocurrencies. In this article, let’s take a deeper look at how to select a proper gateway and experience trouble-free and safe operations with cryptocurrency for your company. As per the latest report, the global crypto payment gateway market is estimated to reach $91.97 billion by 2031, up from $18.20 billion in 2021 at a CAGR of 22.45%. So, crypto payment gateways have future growth potential with more payment applications.

This is why we’ll look at aspects of supported currencies, fees, security, and usability to give you all the tools you need to advance through payments in the crypto world.

Crypto Payment Gateways Comparison

thunderstromFeature your project

Project NameSupported cryptocurrencies Supported fiat currencies Merchant fees eCommerce Plugins User experience

Coinbase Commerce



1. Coinbase CommerceRead More



Visit
200+100+1%Shopify, Woocommerce, Primer, Jumpseller, etc 4
Visit

Coinbase Commerce



2. BitpayRead More



Visit
200+40+1% to 2% + 25 ¢ fixed feesShopify, WooCommerce, WHMCS, ZenCart, Magento, 3D Cart, etc 4
Visit

Coinbase Commerce



3. Coins PaidRead More



Visit
20+ 400.8%
WooCommerce, Shopify4
Visit

Coinbase Commerce



4. Payid19Read More



Visit
100+150+-
Available4
Visit

Coinbase Commerce



5. KUNA PaRead More



Visit
20+72.5%
Not Available4
Visit

Coinbase Commerce



6. Binance PayRead More



Visit
300+ 10+ 1 USDT per transaction
Binance WordPress plugins4
Visit

Coinbase Commerce



7. PayPalRead More



Visit
525Up to 1.5%Woocommerce, Formidable forms, Memberpress, WPForms, etc3
Visit

Coinbase Commerce



8. Now PaymentsRead More



Visit
150+30.5%Woocommerce, ZenCart, PretaShop, Opencart, WHMCS, Magento 2, etc 4
Visit

Coinbase Commerce



9. DePayRead More



Visit
70+90+1%WordPress Plugins 3
Visit

Coinbase Commerce



10. CoinPaymentsRead More



Visit
175+40+0.5%Woocommerce, Shopify, Magento, Opencart, etc 3
Visit

Cryptocurrency Payment Gateways Reviewed In Detail [2024]

1. Coinbase Commerce

Best Suited For Beginners

Coinbase Commerce allows small and medium scale businesses to accept crypto payments from customers. Being one of the best crypto exchange platforms, Coinbase supports a wide range of cryptocurrencies. Its Coinbase Pro platform has advanced features to serve professional traders. Businesses can create invoices, simple hosted checkouts, and Coinbase payment buttons using this crypto payment gateway. However, it doesn’t support the mobile point-of-sale function.

User experience  4/5
Supported cryptocurrencies 200+
Supported fiat currencies 100+
Merchant fees 1%
Integrations for E-Commerce Available 
Invoicing  Available 

Features

Pros and Cons

  • Coinbase accepts more than 200 cryptocurrencies
  • The platform offers best security features
  • It has quick process to set up account
  • It has no transaction limits
  • Coinbase Commerce charger high fees compared to other payment gateways
  • For some features, you might need to provide extra documentation or information to prove your identity.

2. Bitpay

Best Suited For Multicurrency Support

BitPay is one of the early crypto payment gateway platforms to offer crypto payment services to businesses. Its primary feature is, it protects users from the volatility of cryptocurrencies. When the transaction gets initiated, BitPay locks in the exchange rate so that the receiver gets the exact value of the deposit. It also has customizable settings for payouts.

User experience  4/5
Supported cryptocurrencies 200+
Supported fiat currencies 40+
Merchant fees 1% to 2% + 25 ¢ fixed fees
Integrations for E-Commerce Available 
Invoicing  Available 

 

Features

Pros and Cons

  • BitPay has QR code invoice option
  • It locks in exchange rates
  • It doesn’t charge fees for low-volume transactions
  • Businesses can easily integrate BitPay services
  • BitPay has tiered transaction volume limits
  • There are incidents that the platform disabled passwords without notice
coinspaid

3. CoinsPaid

Best For Transactions in Higher Volume

CoinsPaid has garnered a huge amount of followers over 9 years due to its competitive fees. Its charges are relatively lower than traditional Payment Service Providers. Moreover, the service isn’t limited to Bitcoin; it supports over 20 other digital currencies. CoinsPaid offers the flexibility to convert these digital assets into more than 40+ fiat currencies, enhancing financial agility for businesses. It is accepted globally with a 100% acceptance rate for any type of business. 

Additionally, it supports various payment methods including recurring payments, invoices, and payment links, catering to diverse business needs. With an uptime of 99.99%, the platform guarantees almost uninterrupted transaction processing. Being an EU-licenced crypto provider, CoinsPaid adheres to Know Your Business (KYB) and Anti-Money Laundering (AML) regulations, ensuring compliance with financial standards. The  platform has undergone and passed numerous independent cybersecurity audits, confirming its robust security measures.

User experience  4/5
Supported cryptocurrencies 20+
Supported fiat currencies 40+
Merchant fees >1%
Integrations for E-Commerce Available 
Invoicing  Available 

Features

Pros and Cons

  • Reliable and legal crypto company.
  • Free-of-charge and smooth integration process.
  • No transaction limits, no hidden costs.
  • Multiple payment options for any business.
  • The platform needs more eCommerce integrations.
Payid19

4. Payid19

Best Payment Gateway for eCommerce and Crowdfunding Platform

Payid19 is a popular cryptocurrency payment gateway for businesses, enabling them to accept cryptos such as Bitcoin payments and others. In contrast to other gateways, it is compatible with a very large number of fiat currencies.

Payid19 offers low transaction fees, instant USDT transactions, and no KYC for small transactions. Businesses can integrate crowdfunding and other purposes. Moreover, Payid19 provides 50% referral commission for promoters. It aims to help businesses expand globally. 

User experience  4/5
Supported cryptocurrencies 100+
Supported fiat currencies 150+
Merchant fees
Integrations for E-Commerce Available 
Invoicing  Available 

 

Features

Pros and Cons

  • It doesn’t require no KYC for small transactions.
  • Supports multi-currency transactions.
  • It offers competitive fees and fast withdrawals.
  • It doesn’t have advanced features like custom payment and analytics.
kunapay

5. KUNA Pay

KUNA Pay has put sophisticated encryption and security measures in place to protect the integrity of processing cryptocurrency payments. The platform employs multiple functionalities, such as dual-factor authentication, anti-fraud instruments, and instantaneous monitoring, to identify and avert possible security risks. Due to its quick and high security features, exchange processing has been revolutionized by the platform. 

KUNA Pay offers a seamless solution for merchants to accept cryptocurrencies. It provides access to analytics for different payment types through a personal dashboard. With its dedicated approach to being one of the leading cryptocurrency payment providers, KUNA Pay stands out among its competition. 

User experience  4.6/5
Supported cryptocurrencies 20+
Supported fiat currencies 7
Merchant fees 2.5%
Integrations for E-Commerce Available 
Invoicing  Available 

 

Features

Binance-Pay

6. Binance Pay

Easy to Use With QR code scanning feature.

Binance Pay allows users to make  borderless and contactless payments to merchants. It supports both user-to-user and user-to-merchant secure transactions. Being one of the best crypto exchange platforms, Binance provides several features and benefits to its customers. Users can make crypto payments with the help of QR code available on the homepage of its mobile application. Besides, it processes transactions instantaneously within a few seconds.

User experience 4/5
Supported cryptocurrencies 300+
Supported fiat currencies 10+
Merchant fees 1 USDT per transaction
Integrations for E-Commerce Available 
Invoicing  Available 

Features

Pros and Cons

  • Binance Pay has the lowest fees compared to other platforms
  • It offers a trial account for merchants
  • The platform supports more than 300 cryptocurrencies
  • It allows users to make payments using QR code scanner
  • Binance has regulatory issues in some countries
  • Binance Pay has limited plugin opportunities
PayPal

7. PayPal

Best Suited for Personal Use

PayPal provides 24/7 secure transactions of both fiat and cryptocurrencies to its users. Even though it was initially an online payment platform, PayPal added a crypto payment feature in 2020. Its crypto wallet also allows users to directly buy and store cryptocurrencies. PayPal doesn’t charge extra fees for making crypto payments.

User experience 3.5/5
Supported cryptocurrencies 5
Supported fiat currencies 25
Merchant fees Up to 1.5%
Integrations for E-Commerce Available 
Invoicing  Available 

Features

Pros and Cons

  • PayPal is a reputable, reliable, and secure platform for transactions.
  • It has easy sign up process that completes in a few minutes
  • PayPal allows both crypto payments and crypto-to-fiat conversions.
  • PayPal has expensive fees compared to other platforms
  • It charges monthly fees depending on transaction type
  • The transactions are prone to the market volatility on PayPal
NowPayments

8. Now Payments

Known for its Multiple Customization Options

NowPayments is a well-known crypto payment gateway established by ChangeNow, one of the top crypto swapping sites, in 2019. The platform offers low transaction fees and also offers non-custodial services for users who would like to have complete control over their funds. Businesses can easily integrate NOWPayments API to their platforms and benefit from its additional tools like invoices, donation widgets, CMS plugins, instant notifications, and more.

User experience 4/5
Supported cryptocurrencies 150+
Supported fiat currencies 3
Merchant fees 0.5%
Integrations for E-Commerce Available 
Invoicing  Available 

Features

Pros and Cons

  • Now Payments offers CMS plugins to different types of platforms
  • The makes it easy for business to integrate the API
  • Now Payments charges low fees compared to other platforms
  • NowPayments processes instant transactions for payments and conversions
  • The platform requires an intermediary which could increase fees
  • There is no support for point-of-sale transactions
  • It doesn’t support layer 2 systems like lightning network
DePay

9. DePay

The platform charges lower fees for various Web3 projects.

DePay crypto payment gateway also offers decentralized finance services along with allowing users to make crypto payments. It also provides peer-to-peer transactions at lower fees and is compatible with various blockchain networks and crypto wallets. By simplifying the crypto payments for Web3 companies, DePay is playing an important role in driving the crypto adoption.

User experience 3.5/5
Supported cryptocurrencies 70+
Supported fiat currencies 90+
Merchant fees 1%
Integrations for E-Commerce Available 
Invoicing  Available 

 

Features

Pros and Cons

  • DePay allows Web3 companies to accept payments easily
  • It does not take control of the users’ funds
  • The decentralized nature of DePay eliminates single point of failure
  • There is no third-party involvements
  • It is complex for beginners
  • DePay can access users’ data
CoinPayments

10. CoinPayments

Payments Service available in more than 200 countries.

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.

User experience 3.9/5
Supported cryptocurrencies 175+
Supported fiat currencies 40+
Merchant fees 0.5%
Integrations for E-Commerce Available 
Invoicing  Available 

 

Features

Pros and Cons

  • The platforms charges low fee of 0.5%
  • It has a conversion feature on the platform to exchange cryptocurrencies
  • Users can make crypto payments easily using Coin Payments
  • Its wallet does not have an open source code.
  • It does not operate in major countries like the US
  • Coin Payments is a custodial wallet and has control over users’ funds

How does a crypto payment gateway work? 

If companies want to accept a demanding form of payment but are not quite ready to dive all the way into the cryptocurrency space, they can use the crypto payment gateway. To continue operating over time, they require a service fee from their clients in exchange. In addition, the providers pay a fee to the miners or transaction validators of the cryptocurrency network for enabling the transfers.

The payment processing that cryptocurrency payment gateways handle looks like this:

Customers can choose to use a cryptocurrency payment gateway to make their payment when they choose a product or service from a merchant’s website, app, or physical store.

  • Crypto market exchange rate of the cryptocurrency the customer wants to spend in relation to their preferred fiat currency, like the British pound, will also be locked during this transaction window.
  • The cryptocurrency payment gateway instantly converts the payment into the preferred fiat currency.
  • The money is then transferred to a merchant’s account so they can use it for purchases or other uses.

How To Select the Best Crypto Payment Gateway?

To select the proper crypto payment gateways, remember to check through the following points: 

  1. Supported Cryptocurrencies:

 

Make sure that the gateway accepts multiple cryptocurrencies, with an emphasis on the primary ones such as Bitcoin (BTC) Ethereum (ETH), and other Altcoins which will enable you to capture a broad market of several customers.

 

  1. Transaction Fees:

 

Choose a gateway whose fees charged for the transaction are quite reasonable and well illustrated, and ensure that there are no hidden statements that add up to the amount charged.

 

  1. Security Measures: Choose a reliable gateway that employs proper security measures, including encryption and two-factor authentication (, for your money as well as buyer’s data.
  1. Integration and User Experience: When deciding which gateway to use, consider one that can easily be integrated into your current structure as well as providing an easy-to-understand for you and your clients.
  1. Customer Support: It is yet another important factor in hiring bandwidth, and good customer support is important to tackle any problem instantly. Make sure to have a satisfying level of interaction with the gateway.
  1. Scalability: The gateway should be able to cope with the increasing volume of transactions as your business expands without any hitch.
  1. Payment Settlement Times: Evaluate the time taken within the gateway to transact and settle payments, as a faster settlement cycle is always advantageous in terms of cash flow.

Conclusion

Taking all these factors into consideration – supported currencies, fees, security, UX, customer support, the ability to scale, and settlement times, you can now select the best crypto payment gateway that can easily complement your current line of business and enable you to accept cryptocurrencies without any doubt. It will make your business accessible to a wider market and provide the basis for the safe and convenient use of cryptocurrencies.

Frequently Asked Questions

1. How can I sign in to a Crypto Payment Gateway?

The signup process for crypto payment gateways is not standardized and shows some variations. Most often, you will expect to sign up on the main page of the gateway for a particular service. You may then be requested to associate this account with business information, if any, as appropriate. Lastly, it is crucial to adhere to the further integration steps outlined by the selected gateway to avoid complications.

2. Is submitting KYC essential for the Crypto Payment Gateway?

KYC verification was said to be mandatory in some crypto payment gateways but may differ in others. Some providers pay special attention to the security systems and sometimes require users to pass through KYC checks to ensure they are genuine. With KYC raising the level of protection, the procedure may add an extra layer to client registration.

3. What are the benefits of using crypto payment gateways?

Crypto payment gateways help users to make crypto payments without going through the complex process of using crypto wallets. They also help businesses to gain new customers who would like to pay in cryptocurrencies.

4. What is the best crypto payment gateway without KYC?

Several decentralized platforms do not ask for registration or KYC to make crypto payments. DePay is one of them that does not ask for registration or signup.
Ezra Icy
Ezra Icy, the creative wizard from Phoenix, Arizona, specializes in crafting magnetic content for Web3 brands. In the digital realm, he doesn't just connect users; he orchestrates a symphony of community and human bonds. Connect with Ezra in transforming pixels into unforgettable moments and turning the virtual landscape into a warm, welcoming oasis of connection only at [email protected]
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Methodology

CoinGape prepared a review methodology to rate crypto exchanges, tools, and apps. We curated a list of metrics to evaluate crypto platforms based on their services, user experience, security and customer support, payment gateways and charges, pricing and promotions. Visit our Review Methodology page to learn more about how we review each crypto platform.

This content is purely for educational purposes and should not be considered as financial advice. Do your own research before investing in any crypto platform and only invest the amount you can afford to lose.