Which gateway for cryptocurrency payments work best for newbies?

Gone are the times when trading in cryptocurrency was full of risks and uncertainties. Dealing in digital assets is significantly more secure in 2020 with numerous reputable exchange platforms and payment gateways.

An exchange acts as the trading ground for investors, while a payment gateway allows them to facilitate transactions in cryptocurrencies. Although the choice is abundant in the cryptocurrency market, you have to choose the most suitable ones for your cause. If you are looking for the same, then your quest ends here. We have compiled the ultimate list of payment gateways for cryptocurrency.

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Here is the list in no particular order,

Coinbase

Even with the USA accommodating a large number of crypto ventures, it is Coinbase that has garnered the biggest stature. Coinbase is also among the largest cryptocurrency ventures worldwide. It offers amazing features to facilitate ease-of-use within the cryptocurrency exchange.

The platform can be used both as a payment gateway and a standard exchange. You can convert the crypto coins into flat currency, and the payments are made within 2-3 days, making it a viable choice.

Coingate

With a wide user base and a friendly app, Coingate helps traders to proceed and overview transactions via their phone. You also get support for over 40 cryptocurrencies, allowing a diverse array of choices. The transaction fee is merely 1% and takes one hour to wrap up.

CoinsBank

A payment gateway with a clean past is a rare sight in the cryptocurrency industry, and that is why CoinsBank is a gem. The app is available on different OS and supports every major cryptocurrency over the world.

You get the option of free currency transfer to friends and family, and that too 24/7. The option of trading at live market prices increases your chances of scoring a profit, proving how it is the best in class.

AlfaCoins

AlfaCoins facilitates the partial division of transactions within crypto and flat currency. This way, you can save up some funds from your profits. The transaction fee is fairly low at .99 % with the support of global availability except for North Korea and Iran.

Shopify

No payment gateway list can be completed without mentioning Shopify as it is simply the industry leader. The platform can be easily set up and offers ample customer support. The platform can be considered the best, with the only limitation being the necessity to make a Shopify trader/merchant account for the payments.

BitPay

BitPay facilitates the feature of setting custom withdrawal speeds, making it one of a kind. It is simple to use and is beginner-friendly as well. The daily threshold is 1,000 dollars, with the annual one being 10,000 dollars. After that, a transaction fee of 1% is charged, allowing you to save up considerable funds.

GoCoin

With the simple API functionality, GoCoin is one of the best options for developers. It supports the Shopify plugin and changes a mere 1% transaction fee as well. The platform extends its reach over multiple counties, making it another contender as the best payment gateway.

BitcoinPay

The platform proposes the cheapest transaction fee at a mere .8 %. The transactions are still quick, and its analytics are simply top-notch. With the plugin support for OpenCart, WooCommerce, Magneto, and PrestaShop, the platform offers unmatched diversity.

GoURL

The platform allows you to accept cryptocurrencies without even a bank account. It supports bitcoin transaction cards, and its plugin over WordPress is sublime. Despite everything, its lack of support for direct bank transfers takes away from it becoming the best in its domain.

SpicePay

One of the best things about SpicePay is its capability to withdraw funds over debit cards and PayPal. Although the Euro payments take some time, the 1 % transaction fee makes up for it. The platform is an efficient one, but some of the aforementioned alternatives offer a lot more than SpicePay.

Wrapping Up

The decision to choose a payment gateway is just as vital as choosing an exchange and your primary cryptocurrency. Therefore, we have put together a list of comprehensive payment gateways offering the best payment services. Simply go through the list and choose the most suitable one for your transactions.