Are you an online merchant, serious about accepting digital currencies as a mode of payment??
Then this review is for you, Coingate is Perfect solution for your Digital payment needs.
Coingate is a payment gateway for blockchain payments. It provides merchant services to businesses and individuals to accept Bitcoins(BTC) and over 50 altcoin payments like Litecoin (LTC), Ethereum (ETH), Ripple (XRP), Stellar(XLM), Bitcoin Cash (BCH), etc. Additionally. This also allows users to trade Cryptocurrencies in Europe and Worldwide. Buy and Sell Cryptocurrency for debit or credit card, Supporting BTC, LTC, ETH, BNB and BCH purchases.
Coingate was founded by Jonas Gilys, Dmitrijus Borisenka and Irmantas Bačiulis in 2014 incorporated in Vilnius, Lithuania. It is basically a Bitcoin Payment Processor(BPP) that provides a digital currency platform providing merchant service to businesses and individuals. Individuals can also trade Bitcoin on this platform. It bridges the gap between the cryptocurrency owners who are looking for ways to use their coins and the business owners who are more enthusiastic about accepting crypto payments.
Coingate is loaded with features for both businesses and traders.
For Business/Merchants, Coingate is loaded with the following features,
For the traders, Coingate offers the following features,
Coingate is available in over 100 with 40+ local currencies supported. See the list of countries here
Coingate offers a different fee structure for merchants, traders, and withdrawals.
Coingate provides referral links that allow receiving 1% of the fees paid by traders who registered using your link. Referred customers will be paying 0.5% – 1% lower fees than regular 3%.
Referrers will get a percentage of total payments that the referred customer makes.
Integrate Coingate API to Start receiving crypto payments. From checkout to payment settlements, Coingate will manage everything. Anyone, without deep technical knowledge, can use fluctuating price rate and zero risks.
However, this method is used to withdraw EUR. Your bank may collect fees for receiving payments. Henceforth, for more knowledge about fees, you can contact banks
You can withdraw EUR and USD through this platform. However, the only thing is you have to pay all transaction fees.
1% of the transaction fee will be charged for withdrawal amount. Therefore, using this method you can withdraw EUR and USD.
You have to pay for all the transaction fees for the withdrawal amount. Thus, you can withdraw EUR and USD using this method.
You can withdraw BTC using this method and the company will pay the Bitcoin network transaction fee.
Recently on FEB 01 2019, Coingate added XRP Payments,
For Guide of How to use coingate , Click here
In the times where Cryptocurrency is all overused, it is far that every small and large enterprise business will accept bitcoin or cryptocurrency payments. Coingate can be the ultimate solution for merchants to do so. The Best of this is that the platform not only provides payment accepting API also a Trading platform to Buy and sell cryptocurrencies globally with 40+ local currencies. We have also read some negative remarks and reviews about the services but comparatively very little to good ones. You can still give a thought to Coingate before thinking to start receiving cryptocurrency for your business.
Also read: GateHub Wallet Review – An All-In-One Wallet
Coingate is a Bitcoin wallet. With CoinGate, traders can buy and sell Bitcoin, allowing them to perform trades in the cryptocurrency market within a safe and secure environment.
It is another payment option for those who want to buy digital assets on CoinGate. the express checkout allows you to purchase without having a CoinGate account.
The wallet has a 1% processing fee.
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