Do you know which payment processors accept cryptocurrencies? Which ones that can also make quick transfers from fiat to Bitcoin, Ethereum or other crypto coins? Here, Crypto Lists gives an overview about what a crypto gateway process is, which ones are the best and which crypto exchanges that support them.
A payment processor like American BTC Direct, London-based Mercuryo, Israeli Simplex, Australian Banxa or Swiss based Moonpay are all third-party payment gateways that allows customers and merchants to transact without worries since they enable the instant exchange of cryptocurrencies for fiat currency. Payment gateways for crypto actually makes your work easy because they get rid of the burden of managing a wallet and exchanging crypto to accept Bitcoin and accept Ethereum. Get started with a hassle-free deposit method, where you simply use your mobile device to buy Bitcoin instantly. You can just go and deposit with one of the exchanges below that support the top payment processors. Find the latest top list of payment gateways accepting transfers between fiat and crypto below:
The top 6 Best Payment Processors
In the toplist below you can see the top ranked deposit and payment methods that we have reviewed.
1
MiFinity
Mifinity is a popular e-wallet that is used on multiple sites thanks to the low cost and fast transfer speed.
Mifinity is a popular e-wallet that is used on multiple sites thanks to the low cost and fast transfer speed.
2
Mercuryo
Mercuryo payment processor offer Apple Pay, Google Pay, Mastercard and VISA as deposit options in order to purchase crypto.
Mercuryo payment processor offer Apple Pay, Google Pay, Mastercard and VISA as deposit options in order to purchase crypto.
3
Coins Paid
Coins Paid is a Bitcoin payment processing gateway where you can receive, send, store, exchagne and pay in cryptocurrency with fiat.
Coins Paid is a Bitcoin payment processing gateway where you can receive, send, store, exchagne and pay in cryptocurrency with fiat.
4
Moonpay
Buy crypto using your trusty plastic with a highly popular processor used on countless casinos. It comes highly recommended from the experts at Crypto Lists.
Buy crypto using your trusty plastic with a highly popular processor used on countless casinos. It comes highly recommended from the experts at Crypto Lists.
5
Simplex
Simplex is one of the major payment processors, with VISA, Mastercard, SEPA and Apple Pay as crypto deposit methods.
Simplex is one of the major payment processors, with VISA, Mastercard, SEPA and Apple Pay as crypto deposit methods.
6
BTC Direct
BTC Direct is a European payment processor with low fees & competitive prices for buying BTC, EUR and USDT with Euro.
BTC Direct is a European payment processor with low fees & competitive prices for buying BTC, EUR and USDT with Euro.
We continue to add new payment processors and deposit methods from time to time. Do not hesitate to let us know if you have a specific payment method you want us to include?
Top 284 casinos with support for Crypto Payment Processors
In the toplist below you can see the top ranked deposit and payment methods that we have reviewed.
1
Crypto Leo
A next-generation high-tech crypto casino with the markets latest game, Crypto Leo is definitely on the way to fame.
A next-generation high-tech crypto casino with the markets latest game, Crypto Leo is definitely on the way to fame.
2
BC Game
Providing community-based crypto casino for the best experience possible, both for betting and slot lovers.
Providing community-based crypto casino for the best experience possible, both for betting and slot lovers.
3
Spin Buffalo
Looking for abundance and protection? Then look at the Spin Buffalo direction.
Looking for abundance and protection? Then look at the Spin Buffalo direction.
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Jackbit Casino
Some stay fat, others get fit. They all want to win big on Jackbit!
Some stay fat, others get fit. They all want to win big on Jackbit!
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Zodiac Bet Casino
A popular crypto casino that provides up to 0.9 ETH in bonus over 4 deposits.
A popular crypto casino that provides up to 0.9 ETH in bonus over 4 deposits.
6
Lupin Casino
Come play on a new Bitcoin casino with a famous style, it’s a fun site that gives you a smile.
Come play on a new Bitcoin casino with a famous style, it’s a fun site that gives you a smile.
7
Happy Hugo Casino
We’re glad your not sad on this super happy site, Happy Hugo is here and the slots are more than alright!
We’re glad your not sad on this super happy site, Happy Hugo is here and the slots are more than alright!
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King Billy Casino
Crypto casino with a focus on high-quality customer support.
Crypto casino with a focus on high-quality customer support.
9
Bitdreams Casino
Dreams have no limits. Enjoy a fabulous crypto casino experience with a generous bonus & a wide range of deposit options.
Dreams have no limits. Enjoy a fabulous crypto casino experience with a generous bonus & a wide range of deposit options.
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Metaspins
Crypto Casino where the more you play, the higher your Reward.
Crypto Casino where the more you play, the higher your Reward.
11
Crypto Games
Crypto Games gives way more than they take, try provably fair – you can see what players stake.
Crypto Games gives way more than they take, try provably fair – you can see what players stake.
12
Need For Spin
Get a car racing and slots experience in the crypto casino world!
Get a car racing and slots experience in the crypto casino world!
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Rolling Slots Casino
Become a winner from Rolling Slots Crypto Casino with attractive bonuses.
Become a winner from Rolling Slots Crypto Casino with attractive bonuses.
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Winz Casino
Enjoy every little bit of fun, even when you’re not in the sun!
Enjoy every little bit of fun, even when you’re not in the sun!
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Play Zilla Casino
Use crypto at Play Zilla today, it’s fun and the best way to play!
Use crypto at Play Zilla today, it’s fun and the best way to play!
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Pribet Casino
Israeli founded crypto casino with slots, esport betting and virtual games from 47 game developers.
Israeli founded crypto casino with slots, esport betting and virtual games from 47 game developers.
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Nine Casino
Try the rewarding Nine, with fine games and fantastic design. 69 developers so variation is given, this casino site is really driven.
Try the rewarding Nine, with fine games and fantastic design. 69 developers so variation is given, this casino site is really driven.
18
iWild Casino
A high-quality crypto casino with thousands of casino games, supporting instant withdrawals.
A high-quality crypto casino with thousands of casino games, supporting instant withdrawals.
19
Rollbit
Experience fun slots on a crypto casino with some of the highest rewards program in the industry.
Experience fun slots on a crypto casino with some of the highest rewards program in the industry.
20
Bit Kingz
Bit Kingz offers instant payouts and accepts a wide range of cryptocurrencies.
Bit Kingz offers instant payouts and accepts a wide range of cryptocurrencies.
21
Thor Casino
Throw the hammer like Thor, and wait for the winnings to soar.
Throw the hammer like Thor, and wait for the winnings to soar.
22
Spinsbro Casino
Enjoy over 8000 games with a 275% bonus up to 700 eur + 150 free spins welcome bonus on this rewarding crypto casino.
Enjoy over 8000 games with a 275% bonus up to 700 eur + 150 free spins welcome bonus on this rewarding crypto casino.
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Cosmic Slot
Give it your all, give it all you got. Play for big money on Cosmic Slot!
Give it your all, give it all you got. Play for big money on Cosmic Slot!
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Lyra Casino
Stack coins faster than winds blow, strike it lucky at Lyra Casino!
Stack coins faster than winds blow, strike it lucky at Lyra Casino!
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Yaa Casino
Are gonna play on Yaa? Collect all your winnings in a lovely jar!
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26
Moi Casino
You don’t need to speak French to enjoy Moi Casino!
You don’t need to speak French to enjoy Moi Casino!
27
Happy Spins
Win big in this exciting place, put a big smile on your face!
Win big in this exciting place, put a big smile on your face!
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Quick Slot
Come and give it all yo’uve got. Play to win on Quick Slot!
Come and give it all yo’uve got. Play to win on Quick Slot!
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Dolly Casino
If it’s raining, bring a brolly. When it’s sunny play on Dolly!
If it’s raining, bring a brolly. When it’s sunny play on Dolly!
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Bit Bet 24
Bet while you’re chilling with a cup of tea. A massive welcome bonus up to 7.5 BTC!
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Sky Crown Casino
Turn your frown upside down, by playing big on Sky Crown!
Turn your frown upside down, by playing big on Sky Crown!
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Live Casino IO
The sun may shine, and winds may blow. Live Casino is the place to go!
The sun may shine, and winds may blow. Live Casino is the place to go!
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Level Up Casino
Take your game to the next level and win big prizes!
Take your game to the next level and win big prizes!
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Lets Lucky Casino
Feeling adventurous, feeling plucky? Go wild and crazy on Lets Lucky!
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Boomerang Casino
Come and play as fast as you can, you’ll become a fan of Boomerang. This is a crypto casino that you come back to.
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Ricky Casino
Are you going to get lucky with Ricky? Play with crypto or real money, it’s not too tricky!
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Blazzio Casino
A great casino, how d’ya know? Simple, it’s called Blazzio!
A great casino, how d’ya know? Simple, it’s called Blazzio!
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Queen Spins Casino
Come play on Queen Spins, benefit from bonuses and big wins!
Come play on Queen Spins, benefit from bonuses and big wins!
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Wize Bets
If you’re playing for the prize, there’s nowhere better to play than Wize!
If you’re playing for the prize, there’s nowhere better to play than Wize!
40
Vave Casino
If you love crypto casinos, give us a wave. Grab 1 BTC exclusive bonus, and play on Vave!
If you love crypto casinos, give us a wave. Grab 1 BTC exclusive bonus, and play on Vave!
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SG Casino
Experience the thrill – on SG Casino you will. 111 game developers to enjoy, this crypto casino is more than a ploy.
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Dexter Bet
Flex your bets at Dexter Bet. Show you’re better than all the rest! Enjoy 89 game developers and live roulette att this crypto casino.
Flex your bets at Dexter Bet. Show you’re better than all the rest! Enjoy 89 game developers and live roulette att this crypto casino.
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Spicy Jackpots
Lots of prizes, so enticing. Come play with crypto here on Spicy!
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Jackburst Casino
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Win some prizes after work, yep right here on Jackburst!
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Dundee Slots
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Joy Winner Casino
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Doggo Casino
Head to the kennel and win big prizes. Doggo Casino is full of nice surprises!
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Simsino Casino
Looking for an awesome casino? Head down to Simsino!
Looking for an awesome casino? Head down to Simsino!
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Cobber Casino
Some dogs play to win, others just slobber. You can find them all right here on Cobber!
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Fast Pay Casino
If you’ve got crypto coins and wanna play, head straight on over to Fast Pay!
If you’ve got crypto coins and wanna play, head straight on over to Fast Pay!
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Wazamba Casino
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Beti Bet
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Polestar Casino
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Zota Bet
If you like Roulette or video poker, you’ll find lots of games to love on Zota!
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Roobet Casino
A fast growing brand, put it in your hand. Give Roobet a try, then you won’t ask why!
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Jeet City Casino
To play and not win big is a rather big feat. Because there’s so many prizes here on Jeet!
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Fight Club Casino
Bet for breakfast, bet for lunch. Play Fight Club casino but don’t take a punch! Win big? That’s our hunch!
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Bingo Bonga
If you like to win more you might need to play longer, which is a breeze at Bingo Bonga!
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Casino 4U
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21 Bit Casino
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Bluechip Casino
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Lucky Dreams Casino
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1Bet Casino
Ready, set, then head to 1Bet. If lucky with BTC – fly on a private jet!
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Just Casino
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Rolletto Casino
There’s a crypto casino with 6500 games, wanna go? Let us show you the way to Rolletto!
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Love Casino
As sweet as a dove that comes from up above, you’ll cherish winning on a crypto casino called Love!
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Magic Win Casino
Like a magician with a rabbit in his hat, win some BTC – ta-dah – just like that!
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N1 Bet Casino
Living it large on a private jet, your own hot tub if you wanna get wet. 5000 games and an in-house set. Experience VIP crypto fun on N1 Bet
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Win a Win Casino
When we say shark you say fin, when we say prizes you say ‘Win a Win’!
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Playfina Casino
Whether your name is Tom or Tina, you’ll have tons of fun here on Playfina!
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Lemon Casino
No bitter taste it’s simply sweet, deposit in Euros or BTC. Play top tournaments rain or shine, join Lemon Casino you know it’s time!
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Slots Gallery
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Billy Billion Casino
Think you’re a big shot, and you’re not being silly? Roll like a boss when you play big on Billy!
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Spin Fever Casino
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Spin Samurai Casino
When you see a dragon, it might make you cry. Fly high on Spin Samurai with winnings up to the sky!
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Bet and Play
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50 Crowns Casino
Look around, there’s royalty in your town. It’s a crypto casino called 50 Crowns!
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Lucky 7 Even
Get lucky at Lucky 7 Even crypto casino today. With so many developers it’ll blow you away!
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WinVegasPlus Casino
A great gaming experience without fuss, you’ll have tons of fun here on WinVegasPlus!
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Bet 1000 Casino
Bet 1000 has Bitcoin and more in store for players who want to bet on sports and play slots and table games at halftime!
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Kas Casino
Play it quick, play it fast. Enjoy your favorite slots here on Kas. Over 100 developers and so many games, if you don’t try it’s a shame!
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20 Bet Casino
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Duelbits Casino
Duelbits is a decent decentralized casino site. Play with Solana or BTC, try yourself and see if it’s alright. We think it’s so so.
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84
National Casino
Play with more than 25 different crypto coins on National Casino and enjoy games from 130+ different developers!
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Smokace Casino
Get steady with revolvers at the ready at Smokace! Get a taste of a top Bitcoin casino, will you be a waste or an ace?
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Run4Win
Play it now and play it fast, Run4Win is here and built to last. Play with Ether or BTC, and get your winnings back instantly!
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Spinarium Casino
A brand new Bitcoin casino with 162 different game developers to enjoy along with a great interface.
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Joo Casino
Looking for a casino to play on too? Want one that gets you to stick like glue? Gamble with BTC on Joo right on cue!
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Bizzo Casino
A bigger presence than Lizzo, come and play on Bizzo! You can bet with crypto, not just Ether and Bit though!
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DozenSpins Casino
Games galore a dime a dozen, lots of prizes in the oven. DozenSpins is fun for all, bet on black or on sportsball!
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Windetta Casino
Whether you see yourself as Tony Soprano or Don Corleone, you’ll have a whale of a time at this speakeasy-themed crypto casino!
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PlaYouWin Casino
PlayYouWin has games galore with 100+ developers and tons of virtual sports to wager on. Bank with BTC and plenty more!
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Bankonbet Casino
Here’s a Bitcoin casino you can bank on! Bankonbet brings elite sportsbook to the crypto casino space. It’s a truly outstanding site!
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Buran Casino
Some players are pale, others tan. But they all like to play with Bitcoin on Buran. Some like slots, others live. Some win 1 hand, others 5!
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QuickWin Casino
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Great Win Casino
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Casinoly Casino
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Izzi Casino
It looks crypto, it feels crypto, it is crypto. Izzi is futuristic and looks and feels like a Web3 iGaming powerhouse!
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Pelican Casino
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101
Jet Casino
Take off in style in their high flying crypto casino with 2000 games, 50 developers, and a fantastic sportsbook. Bet on Jet today!
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ProntoBet Casino
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Legend Play Casino
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Fresh Casino
Smells as fresh as a red rose, beautiful slots with lines and rows. Fresh Casino is here to stay, come and play, what d’ya say?
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Starda Casino
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Sol Crypto Casino
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Legzo Casino
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Rockwin Casino
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Dazard Casino
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MostBet
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1Red Casino
Whether you’re a fan of rap or Right Said Fred, you should avoid slots and crypto games here on 1Red!
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Lucky Bandit Casino
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GunsBet Casino
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BetMartini Casino
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Cash Win Casino
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Uzbek Bet Casino
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Spinaro Casino
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Hey Casino
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Gomblingo Casino
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A fiat and crypto focused black jack site, the group used to be better and now it’s alright.
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From the heights of the skyscraper to the streets and favelas, all players worldwide love to try Trivela!
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Jett Bet Casino
Fire up the engines and soar into the sky, Jett Bet combines sports and slots for you to try!
Fire up the engines and soar into the sky, Jett Bet combines sports and slots for you to try!
261
Casino Winner
Are you a winner, are you a sinner? Here is a site that looks kind of bright.
Are you a winner, are you a sinner? Here is a site that looks kind of bright.
262
Felix Spin
Felix Spin is made to win. Are you ready? This site is steady.
Felix Spin is made to win. Are you ready? This site is steady.
263
Vegasino Casino
Dress up in a shirt and posh chinos, and play a top crypto casino called Vegasino!
Dress up in a shirt and posh chinos, and play a top crypto casino called Vegasino!
264
Hunny Play Casino
Even if it’s not sunny, there is a real hunny. Fiat or crypto, both will go. Here is a new crypto casino, that’s ready for a show.
Even if it’s not sunny, there is a real hunny. Fiat or crypto, both will go. Here is a new crypto casino, that’s ready for a show.
265
Wasino Casino
Load it up and play like a 90s arcade fighting game, not to try Wasino crypto casino would be a shame!
Load it up and play like a 90s arcade fighting game, not to try Wasino crypto casino would be a shame!
266
Blitz Bet Casino
Blitz Bet is a super cool casino you should try. If you win you’ll feel so good you could fly!
Blitz Bet is a super cool casino you should try. If you win you’ll feel so good you could fly!
267
Golden Panda Casino
A golden crypto casino, with all the right things. It’s a hot site that’s made for kings.
A golden crypto casino, with all the right things. It’s a hot site that’s made for kings.
268
Casinova
With a Portuguese sounding new, they make a classy entrance. But can we still see, their upcoming dominance?
With a Portuguese sounding new, they make a classy entrance. But can we still see, their upcoming dominance?
269
Casino Orca
Like a dolphin or a killer whale? If you play hard then you can’t fail!
Like a dolphin or a killer whale? If you play hard then you can’t fail!
270
Pure Bets
They aim to be leading, and they took a great step. Now they need some more customers, and a bit of a pep.
They aim to be leading, and they took a great step. Now they need some more customers, and a bit of a pep.
271
Gx Spin
This non-GamStop casino is great for Brit players. Uncover the site and unpeel all the layers!
This non-GamStop casino is great for Brit players. Uncover the site and unpeel all the layers!
272
Viking Luck
Get on the boats and set sail to new lands, large crypto casino winnings could be in your hands!
Get on the boats and set sail to new lands, large crypto casino winnings could be in your hands!
273
God of Wins Casino
Did you hear that booming voice from above? Telling you to play on God of Wins… you really really should!
Did you hear that booming voice from above? Telling you to play on God of Wins… you really really should!
274
Viper Win Casino
With a hiss and a bite plus perhaps a little fright, this crypto casino is more than alright!
With a hiss and a bite plus perhaps a little fright, this crypto casino is more than alright!
275
Roby Casino
Roby Casino, the place to be. Sign-up now, and you will see.
Roby Casino, the place to be. Sign-up now, and you will see.
276
Fat Fruit Casino
Pear and banana, a kiwi for dessert? The fresh crypto casino, is waiting for you to insert (some crypto)
Pear and banana, a kiwi for dessert? The fresh crypto casino, is waiting for you to insert (some crypto)
277
Play Mojo Casino
Fast as a rabbit, and really cute too. Here is a great crypto casino, perfect for you!
Fast as a rabbit, and really cute too. Here is a great crypto casino, perfect for you!
278
Bety Casino
Up for a bet or two, we got a BTC site for you. The name is Bety and it’s rather pretty.
Up for a bet or two, we got a BTC site for you. The name is Bety and it’s rather pretty.
279
Slotexo Casino
Have you heard about Slotexo? Oh right then if not then let’s go!
Have you heard about Slotexo? Oh right then if not then let’s go!
280
Genie Play Casino
Give it a rub and see what you get, Genie Play is a great crypto casino to bet!
Give it a rub and see what you get, Genie Play is a great crypto casino to bet!
281
Royal Fortune Casino
Take the throne in style. You won’t leave Royal Fortune casino for a while!
Take the throne in style. You won’t leave Royal Fortune casino for a while!
282
Avo Casino
Full of fiber, and some unsaturated fat. Here is a crypto casino, that you should try like that.
Full of fiber, and some unsaturated fat. Here is a crypto casino, that you should try like that.
283
Tiki Taka Casino
Dutch total football mixed with Spanish flair, this is a crypto casino that simply doesn’t compare!
Dutch total football mixed with Spanish flair, this is a crypto casino that simply doesn’t compare!
Buy Crypto with Crypto Payment Processor
Top 17 sites for buying, selling and trading crypto with Crypto Payment Processors
This is the toplist with the best crypto brokers in .This is the toplist with the best sites to buy, sell or trade cryptocurrencies with an Crypto Payment Processor. To learn more why a certain site is ranked the way it is, you can read our review by clicking the review button.
1
Crypto.com App
Making crypto trading, staking and investing simple. Directly from an app.
Making crypto trading, staking and investing simple. Directly from an app.
2
Crypto.com Exchange
Trade over 200 crypto pairs from one of the leading exchanges. They also got their own debit card for all users.
Trade over 200 crypto pairs from one of the leading exchanges. They also got their own debit card for all users.
3
Gate
Gate IO can be your gateway to everything related to crypto – with over 1400 cryptocurrencies to trade in a safe, quick and easy manner.
Gate IO can be your gateway to everything related to crypto – with over 1400 cryptocurrencies to trade in a safe, quick and easy manner.
4
P2B
Deposit with both fiat and a large range of crypto coins and trade today on an up and coming exchange that’s available globally!
Deposit with both fiat and a large range of crypto coins and trade today on an up and coming exchange that’s available globally!
5
Coinbase App
Want to buy and sell cryptocurrencies easily? Coinbase is where you go!
Want to buy and sell cryptocurrencies easily? Coinbase is where you go!
6
Gemini
Buy Bitcoin and crypto instantly with Gemini.
Buy Bitcoin and crypto instantly with Gemini.
7
ProBit Global
Probit’s features are a bit more unique, if that is indeed what you seek?
Probit’s features are a bit more unique, if that is indeed what you seek?
8
Bitget
One of the world’s largest cryptocurrency copy trading platforms.
One of the world’s largest cryptocurrency copy trading platforms.
9
Huobi
Huobi is a global crypto exchange with Chinese founders, with lots of instruments and low transactions costs.
Huobi is a global crypto exchange with Chinese founders, with lots of instruments and low transactions costs.
10
Kraken
Buy bitcoin & crypto from a trusted exchange suitable for almost everyone.
Buy bitcoin & crypto from a trusted exchange suitable for almost everyone.
11
Paxful
Paxful has over 350 different deposit methods to help you get started with crypto investing.
Paxful has over 350 different deposit methods to help you get started with crypto investing.
12
KuCoin
One of the exchanges available in most places around the world, with among the lowest fees and among the best compatibility for transfers between various blockchains.
One of the exchanges available in most places around the world, with among the lowest fees and among the best compatibility for transfers between various blockchains.
13
Poloniex
A very professional crypto exchange more targeted to advanced traders. Good reputation and big variety of coins and tokens.
A very professional crypto exchange more targeted to advanced traders. Good reputation and big variety of coins and tokens.
14
eToro
Discover the worlds’ best social crypto trading site.
Discover the worlds’ best social crypto trading site.
15
StormGain
Try a better crypto exchange. Discover StormGain, you too!
Try a better crypto exchange. Discover StormGain, you too!
16
Binance
Largest on crypto. Over 200 cryptocurrencies to trade, both currency exchange with a wallet, CFD trading, staking and much more.
Largest on crypto. Over 200 cryptocurrencies to trade, both currency exchange with a wallet, CFD trading, staking and much more.
17
AvaTrade
A reliable CFD crypto broker that’s been around for 15 years and is regulated in 5 continents.
A reliable CFD crypto broker that’s been around for 15 years and is regulated in 5 continents.
We generally recommend using an exchange or platform with good track record, great reputation and positive feedback from its customers. The better option for you as customer, the better ranking we give them.
Go directly to
- 1 The top 6 Best Payment Processors
- 2 Top 284 casinos with support for Crypto Payment Processors
- 3 Buy Crypto with Crypto Payment Processor
- 4 Top 17 sites for buying, selling and trading crypto with Crypto Payment Processors
- 4.1 Summary
- 4.2 Advantages
- 4.3 Disadvantages
- 4.4 What is a Crypto payment processor?
- 4.5 Crypto payment processor Costs
- 4.6 Transaction speed
- 4.7 Crypto payment processor Deposits
- 4.8 Which are the main countries where payment processor for crypto is used
- 4.9 Can you withdraw with Crypto payment processors?
- 4.10 The reputation of Crypto payment processors
- 4.11 Crypto payment processors FAQ
Summary
Recently there has been a rise in interest in the crypto verse which has made several countries accept crypto coins as a measure of value. Merchants and customers have been craving an easy and convenient deposit method. Payment gateways have taken the burden of managing crypto wallets, handling the volatility risk associated with crypto coins, and making the transaction process quite short and simple.
Several crypto sites accept crypto payment gateway deposits with several crypto coins such as Bitcoin, Ethereum, and other coins. Moreover, the accounts also allow the subscribers to contribute funding, withdraw, exchange and buy coins.
Advantages
Sending and accepting crypto payments has become easy due to the introduction of the crypto payment processing gateway. The following are some of the main advantages of using one of them:
+Cryptocurrencies become less volatile due to instant transaction of crypto payment gateways.
+Reduced transaction costs compared to debit and credit card transactions.
+Transactions between merchants and customers are instant and eliminate any existing uncertainties.
+You can receive payments from anywhere due to the availability of crypto.
Disadvantages
Besides being of great help and advantageous to merchants and customers by enabling them to buy crypto instantly, crypto payment gateways have the following disadvantages:
It involves third parties which were initially to be bypassed in crypto.
Users rely on the service provider’s ability on maintaining uninterrupted services.
There are possible additional charges when using a payment gateway for crypto.
It is prone to the hacking of the service provider and loss of funds.
There is a low acceptance rate worldwide due to crypto market volatility.
What is a Crypto payment processor?
A Crypto payment Processor functions to receive payments in crypto and convert them into fiat money for subscribers that have accounts with that provider. Currently, the payment gateways can support multiple coins meaning that a payment gateway can accept a Bitcoin payment processor and accept Ethereum payment processor at the same time.
A customer purchases a commodity and pays in crypto. The payment gateway receives the crypto and instantly converts it into fiat currency, based on what the crypto’s market value is at the moment. Then, the exact amount of fiat currency is transferred to the merchant’s account. From there, you can accept payments for Bitcoin by card or any other method available.
Crypto payment processor Costs
Charges pop up in any transaction where cryptocurrency changes hands, whether you’re buying or withdrawing from an exchange, or making or receiving payment in crypto. The following are some of the charges the transactions will attract:
There are Miner fees usually charged to pay miners who validate crypto after completing complex arithmetic and adding them to a blockchain.
There are also Service fees charged by third-party service providers that facilitate transactions, such as buying crypto, sending crypto, and accepting payment on an exchange.
Transaction speed
Crypto payment gateway boasts of having instant transactions. This is because the gateway has cut out intermediaries which have reduced the number of hands the crypto has to go through before being added to a merchant’s account. On average transactions can take up to 2 minutes to complete. However, if the payment is being received from a different time zone and the service provider is slightly less productive the turnaround time might increase.
Crypto payment processor Deposits
When depositing an amount into a crypto payment gateway account such as Moonpay, you can follow the following simple steps:
1. Select the exchange account of your choice and sign up,
2. After you are done putting up your account you can go ahead and key in the amount you wish to deposit and press enter.
3. Finally verify your transaction using your preferred security method i.e a password, face ID, or fingerprint.
Which are the main countries where payment processor for crypto is used
Several countries accept the deposit method with the most useful being in the following countries:
+United States
+Canada
+United Kingdom
+Australia
+Switzerland
+Germany
+Netherlands
Other countries also include South Africa, Nigeria, and Kenya. They are also at the forefront of adopting innovative peer-to-peer payment methods and mobile payments.
Can you withdraw with Crypto payment processors?
Yes, Crypto Payment Processor allows you to withdraw your funds. Crypto payment processors also allow you to send crypto and receive crypto.
The reputation of Crypto payment processors
This payment gateway for crypto allows merchants to accept transactions for crypto including Bitcoin. Users of these payment gateways also appreciate that they can buy and sell altcoins such as Litecoin, Ethereum, Ripple, and Bitcoin Cash.
Crypto payment gateways are currently having stable growth as more individuals are interested in investing in crypto coins. The instant payment feature is another factor that seems to attract individuals to make crypto payments. Interested individuals enjoy the fact that the volatility risk burden has been lifted from their shoulders.
There are several reputable payment gateways such as Coinbase, Coinsgate, and Alfacoins that have used the gateway.
Crypto payment processors FAQ
Below are some of the most frequently asked questions about payment gateways.
Is it safe to use Crypto payment processors for cryptocurrencies?
Yes, these platforms are usually secure because they use a 2-factor and data encryption security feature.
Is Crypto payment processors instant?
Yes, the transactions are instant since the payment gateways have eliminated the intermediaries thus ensuring that transactions are complete within 2 minutes.
Are crypto payment gateways trustworthy?
You can trust transactions made through these channels if they are conducted by any payment gateway that Crypto Lists already vetted.
Are crypto payments accepted in all countries?
Unfortunately, not all countries have accepted cryptocurrencies and identified them as an asset that can be used to store value used as a form of payment due to their volatile nature.
Several countries do accept the payment gateway for crypto hence its increasing popularity.
