Simply being able to accept crypto is a huge asset for any business in today's world, and any business that doesn't is missing out. Their interface is easy to use, their support is a B+. Our company is currently undergoing a restructuring, rebranding and redesign of our entire online presence; So we are not utilizing CoinGate at the moment, but as soon as we resume operations in a few weeks we will definitely be right back! :)
We can share our experience with Coingate as a cryptocurrency payment processor. We have been with Coingate since March 2017, and I can tell you that we searched a lot of similar companies until we chose this service. I'm not going to name them here, but let me explain what's not good there and what's unique about Coingate.
Exchange rates and commissions:
A company offered us a lower processing fee, but in reality, the exchange rate was much higher, and below the line, we got less money for our sales.
Withdrawals:
If we initiate a withdrawal today, most of the time, we receive the money the other day in our bank account. Our company has a fast turnover, that's why we need to have the funds at our disposal when we need them, not when they have mercy on us. In addition, other companies charged us an additional bank withdrawal fee.
Problems with stuck transactions or expired confirmations:
Every time a transaction confirm late, it was enough to contact them, and the funds were recovered without problems. The same does not happen at company XXXX where the expired payment does not even appear in the records, making the sorting and subsequent allocation a nightmare.
With Coingate, our customers can pay with a lot of coins, not only with BTC. Did I mention BTC Lightning? Not? They have that too, of course.
In summary, I can tell you that it is good to convince yourself and choose what is best for your company. For us, Coingate is the perfect fit.
With over 2.5 million reviews, we can provide the specific details that help you make an informed software buying decision for your business. Finding the right product is important, let us help.
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