What are the top cryptocurrency payment gateways right now? Let’s take a look!
I bet you’re wondering about the prominent names in this borderless payment world, about their pros and cons. Your answer will be in this comprehensive review!
Contents
- 1 Crypto Payment Gateways Overview
- 2 Top Cryptocurrency Payment Gateways
- 3 Wrappings
- 4 Choosing the Right Cryptocurrency Payment Gateway: Beyond Just Features
- 5 Emerging Trends in Crypto Payment Infrastructure: What to Expect from Top Gateways
- 6 Conclusion: The Gateway You Choose Today Shapes Your Crypto Strategy Tomorrow
- 7 FAQs : Top Cryptocurrency Payment Gateway
Crypto Payment Gateways Overview
Let’s not get bogged down in boring concepts, because I believe that if you have studied crypto, you already know them.
Think of these payment gateways as modern toll booths on the highway. Instead of using cash or credit cards, you will use cryptocurrencies like Bitcoin or Ethereum to continue circulating on the big road called “crypto“. You may not need to deposit money into them, but that also means you can’t continue on the convenient highway and will have to navigate the small and winding side roads. Because those are extremely convenient for businesses, even reaching as many customer files as possible or not having to worry too much about transaction volume.
With a projected growth of 46% CAGR from 2023-2028, the blockchain payment processors market is booming. But to choose the right platform, you need to understand the following technical factors:
- Transaction Fees: High or low greatly affects profits.
- Latency: Transaction processing time, especially with blockchains that have different speeds.
- Security: Consider encryption protocols, data protection standards (PCI DSS).
- Integrity: Suitable for e-commerce platforms such as Shopify, WooCommerce…
READ MORE: Best Notes to Build a Shopify Cryptocurrency Payment Gateway
Top Cryptocurrency Payment Gateways
BitPay
A long-standing and trusted name, BitPay is a pretty good choice for businesses. BitPay has been around since 2011, allowing businesses to create invoices and integrate with a powerful API. BitPay offers a pretty comprehensive solution for both businesses and individuals. In addition to debit card services, BitPay also has special features such as invoicing and recurring payments support.
Their transaction fee is fixed at 1%, and they support popular coins such as BTC, ETH, LTC, DOGE, USDT. Besides, they also incorporate integration features with Shopify, WooCommerce, and QuickBooks platforms.
However, BitPay does not support emerging blockchains. I think this is a minus point if you want to diversify your crypto portfolio. Plus, to start using BitPay, businesses must go through a rather cumbersome KYC (Know Your Customer) process, which makes many users feel inconvenient.
XaiGate
This is a new name, but they offer a very secure multi-layered security system, including end-to-end encryption and two-factor authentication. What’s special is that besides allowing businesses to customize the payment interface to match their brand, this payment gateway also integrates AI to detect fraudulent transactions.
The biggest advantage is the low processing fee, starting from only 0.2% transaction fee, much more competitive than the big competitors. They support payments for BTC, ETH, XRP, LTC, BNB and over 100 other cryptocurrencies. The processing speed is very fast – almost instantaneous with a latency of less than 2 seconds!
XaiGate also has no monthly fees, meaning businesses do not have to pay monthly maintenance fees, reducing the burden of fixed costs. Not only 3 platforms like BitPay, XaiGate provides open source plugins for many e-commerce platforms such as WordPress, OpenCart, PrestaShop and Magento.
This payment gateway offers a commission program of up to 75% of the transaction fees from referred merchants, creating an opportunity for partners to increase their income. I think this affiliate program is very attractive! They are also very flexible in allowing businesses to create and customize invoices to send to customers. XaiGate is a cryptocurrency payment gateway with many advantages that are tilted towards businesses, especially small businesses.
You know what else is interesting? XaiGate has developed a feature called Gas Station service. This feature will help businesses reduce gas fees in cryptocurrency transactions and increase profits.
One small limitation is that businesses may face risks from cryptocurrency value volatility, which could impact revenue if they do not convert to stable currencies in time. But I think this limitation of cryptocurrency value volatility is a common limitation of cryptocurrency payment gateways.
Let’s try a bit of XaiGate HERE!
Coinbase Commerce
The payment gateway has 110 million global users and has a certain reputation. They integrate with popular e-commerce platforms such as Shopify, WooCommerce, Magento. Security measures are cold wallets and two-factor authentication.
Regarding transaction fees, CC is free for crypto-to-crypto transactions and 1% for fiat withdrawals. The currencies they support are about 10+ types and the most optimal are BTC, ETH and USDC.
In contrast, due to high fiat conversion fees, businesses are likely to lose an additional 1-3% of the transaction value when using this payment gateway. The most important thing is that this payment gateway depends on the Coinbase ecosystem. If Coinbase has problems or is controlled by legal regulations in some countries, businesses will also be heavily affected.
READ MORE: Case Study No.1: ECommerce Cryptocurrency Payment Gateway
Binance Pay
Binance Pay is an ideal choice for those who are familiar with the Binance ecosystem.
The brightest point of this payment gateway is that it allows sending cryptocurrencies between Binance accounts without fees. This means that their transaction fees are 0%, which is one of the most economical payment gateways. They also support over 200 cryptocurrencies.
But, there are many disadvantages.
First, this payment gateway only works well within the Binance ecosystem and does not support many integrations with independent e-commerce platforms. Second, because it is completely dependent on Binance, Binance Pay cannot be used if the Binance account is locked or has legal issues. This increases the risk percentage too high for businesses using the service.
CoinGate
Similar to XaiGate, CoinGate is a good suggestion for small and medium-sized businesses in the e-commerce field. With a customizable API integrated with Magento, OpenCart, PrestaShop and the ability to support more than 70 coins, CoinGate helps businesses easily expand their customer base.
CoinGate’s special feature is supporting recurring payments and invoice management. CoinGate’s transaction fee is also on par with some payment gateways with 1% experience. The problem here is that CoinGate also applies a withdrawal fee in addition to the transaction fee, increasing the cost burden for businesses quite a bit.
Some users have reported that CoinGate’s customer support service is not really fast and effective. The processing time for fiat withdrawals via CoinGate also takes longer than that of its competitors.
Wrappings
Choosing the right crypto payment gateway will not only help you optimize costs, but also increase security and expand your customer base. In 2024, gateways like XaiGate and Coinbase Commerce will definitely lead the trend. If you want to ride the new wave of payments, choose a platform that suits your business needs and scale.
Comparison Table: XAIGATE vs BitPay, Coinbase Commerce, Binance Pay, CoinGate
| Feature / Platform | XAIGATE | BitPay | Coinbase Commerce | Binance Pay | CoinGate |
|---|---|---|---|---|---|
| Supported Coins | 9,800+ (via Ethereum, BSC, TRON networks) | ~16 major coins (BTC, ETH, LTC, BCH, etc.) | Limited (BTC, ETH, USDC, DOGE, SHIB, APE, etc.) | 70+ coins (within Binance ecosystem) | 70+ coins including BTC, ETH, LTC, XRP, USDT |
| Fiat Conversion | Optional, not required; crypto-to-crypto routing | Yes, direct fiat payouts | No fiat conversion directly (manual withdrawal to Coinbase wallet) | No fiat conversion (limited in many regions) | Yes, with SEPA, SWIFT, and instant settlement options |
| Transaction Fees | ~0.2% (very low) | ~1% + potential exchange fees | ~1% | 0% fees (currently promotional) but limitations in availability | 1% + conversion fees |
| KYC Requirements | Optional (depends on use case/volume) | Required (full identity verification) | Required | Required (Binance account mandatory) | Required |
| Settlement Time | Instant to <5 minutes | ~1 day (24h) | Variable; may take up to 1 day | Instant between Binance users only | 1–2 business days |
| Wallet Custody | Non-custodial (merchant holds private keys or chooses wallet) | Custodial | Semi-custodial (controlled within Coinbase ecosystem) | Custodial | Custodial |
| Plugins / APIs | Yes: flexible APIs, white-label, auto-routing, no-code tools | Yes: Shopify, WooCommerce, API, POS | Yes: Simple API and plugins | Yes: Integration with Binance apps and QR Pay | Yes: Shopify, WHMCS, WooCommerce, OpenCart, API |
| Geo Restrictions | Global (including high-risk countries) | Limited access in sanctioned jurisdictions | Limited to supported countries | Available in selected countries (depends on Binance compliance) | Not available in sanctioned regions |
| Best For | Businesses needing broad token support, fast settlement, low fees, flexible KYC | Enterprises with strong compliance needs | Small to medium businesses already in Coinbase ecosystem | Binance users, P2P transfers, ecosystem-specific commerce | European businesses, e-commerce sites wanting fiat payout |
Choosing the Right Cryptocurrency Payment Gateway: Beyond Just Features
At XAIGATE, we’ve worked with businesses ranging from small ecommerce stores to high-volume trading platforms—and if there’s one thing we’ve learned, it’s this: not all cryptocurrency payment gateways are created equal. While many platforms boast support for major coins and fast transactions, the real differentiators lie in scalability, reliability, and integration depth.
Some gateways focus solely on speed and cost, but neglect vital business needs like compliance management, fiat conversion, or multi-wallet support. Others may offer beautiful dashboards but lack real-time monitoring or uptime guarantees. When choosing a provider, it’s not just about “what coins are supported?” but rather, “Can this solution grow with my business and regulatory environment?” That’s why, in our curated list of the top 5 cryptocurrency payment gateways, we prioritize long-term performance—not just surface-level specs.
Emerging Trends in Crypto Payment Infrastructure: What to Expect from Top Gateways
As we move into late 2025, cryptocurrency payment gateways are evolving far beyond simple transaction processors. The top-tier providers are now embracing Layer 2 scaling solutions, offering gasless transactions, and even integrating directly with DeFi liquidity pools for real-time crypto-to-fiat conversion. This shift reflects the growing demand for low-latency, blockchain-native financial infrastructure across both Web2 and Web3 sectors.
From the XAIGATE perspective, the gateways leading this transformation are those that blend user experience, backend reliability, and ecosystem flexibility. Whether it’s supporting NFTs as payment, integrating non-custodial wallets, or enabling cross-border settlements within seconds—these capabilities are quickly becoming the new baseline. Merchants looking to future-proof their business should consider not just “who’s the best today,” but “who’s building for tomorrow?”
Conclusion: The Gateway You Choose Today Shapes Your Crypto Strategy Tomorrow
In a fast-moving digital economy where crypto adoption continues to expand across industries, the choice of a top cryptocurrency payment gateway is no longer just a technical backend decision—it’s a strategic business move. Each gateway featured in this list brings unique strengths, but the best solution will always depend on your company’s needs, scale, and long-term vision.
At XAIGATE, we recommend merchants and developers assess gateways not only on fees or token support, but on their ability to deliver reliability, security, cross-chain compatibility, and regulatory alignment. As blockchain technology evolves, the next generation of payment infrastructure will be defined by adaptability—those who plan ahead will be best positioned to thrive.
Whether you’re building a global ecommerce empire, launching a Web3 gaming platform, or streamlining B2B crypto payments, your choice of gateway is the foundation. Choose wisely—and build with the future in mind.
FAQs : Top Cryptocurrency Payment Gateway
1. Can I accept crypto payments without registering a business?
Yes, platforms like XAIGATE allow individuals and small merchants to accept crypto without a registered business, though compliance may vary by region.
2. Is it possible to convert received crypto into fiat automatically?
Some gateways support auto-conversion into fiat currencies, but XAIGATE focuses on direct crypto settlement to maximize decentralization and reduce middlemen fees.
3. Which industries benefit most from crypto payment gateways?
E-commerce, digital services, gaming, SaaS, and international agencies benefit most due to lower fees, global accessibility, and fast settlement.
4. Do I need a separate wallet to use a crypto payment gateway?
Not always. Gateways like XAIGATE provide merchant wallets or integrate with your existing wallet, giving you control without needing to manage infrastructure.
5. Are refunds possible with crypto payments?
Crypto transactions are irreversible, but some platforms (including XAIGATE) allow merchants to initiate manual refunds or define refund policies through API settings.
6. Can I integrate a crypto payment gateway into a mobile app?
Yes. Most modern gateways offer SDKs or REST APIs that can be integrated with mobile apps for seamless in-app crypto checkouts.
7. Is it expensive to start accepting crypto payments?
No. Many platforms, including XAIGATE, offer free plans or charge less than traditional processors. All you need is a crypto-compatible store or website.
8. Do customers need a wallet to pay with crypto?
Yes. Customers must send crypto from a wallet they control. However, payments can come from browser wallets (e.g., MetaMask), exchanges, or mobile wallets.
9. What happens if a customer sends the wrong amount?
Most gateways detect mismatched amounts and flag the payment as invalid. Merchants can choose to accept, refund, or request the correct balance manually.
10. Can crypto payment gateways prevent fraud?
Yes. Since blockchain transactions are transparent and irreversible, crypto gateways significantly reduce fraud, chargebacks, and fake transactions compared to card payments.
If you haven’t started yet, click here to learn more and get started! With multi-chain crypto payment gateway, the relationship with customers does not stop at completing transactions. We always accompany and support customers at all times!
Follow XAIGATE’s blog for daily updates!
We’re also on X (@mxaigate), GitHub and Linkedin! Follow us!
