Bitpace vs Speed
Side-by-side comparison of fees, features, integrations, and more
| Feature | Bitpace | Speed |
|---|---|---|
| Transaction Fee | 1% | 1% |
| No KYC | No | No |
| Non-Custodial Mode | Yes | No |
| API Available | Yes | Yes |
| Avg. Rating | ||
| Year Founded | 2017 | 2021 |
| Overall Score | 52/100 | 47/100 |
Bitpace vs. Speed: Which one is better?
Bitpace Wins
Verdict
Bitpace leads in 4 out of 4 comparable categories. However, Speed may still be the better choice depending on your specific requirements. Always evaluate based on your business needs.
Frequently Asked Questions
Bitpace and Speed are both crypto payment processors but differ in fees, features, and integrations. Bitpace charges 1% per transaction and offers both custodial and non-custodial modes. Speed charges 1% per transaction. Bitpace is based in Bulgaria while Speed is based in United States.
Bitpace charges 1% per transaction, while Speed charges 1%. Both should be evaluated based on your expected transaction volume and business needs.
Bitpace supports WooCommerce plugins and provides an API. Speed supports WooCommerce, Magento plugins and provides an API. The ease of integration depends on your platform and technical requirements.
Both Bitpace and Speed support major cryptocurrencies. Bitpace offers both custodial and non-custodial modes, giving merchants more flexibility with supported tokens. Speed operates in custodial mode only. Check each provider's documentation for the full list of supported assets.
For small businesses, key factors are low fees and easy setup. Bitpace charges 1% with no setup fee. Speed charges 1% with no setup fee. Consider which platform integrations you need when making your decision.
For large businesses, reliability, integration depth, and API access matter most. Bitpace has a score of 52/100, offers a full API, and supports WooCommerce. Speed has a score of 47/100, offers a full API, and supports WooCommerce, Magento. Evaluate based on your platform requirements and expected transaction volume.
Bitpace has a dedicated WooCommerce plugin available. Speed has a dedicated WooCommerce plugin available. Both offer WooCommerce plugins, so setup should be straightforward for either.
Settlement speed depends on the cryptocurrency network and each provider's processing. Both Bitpace and Speed process payments on-chain, so confirmation times are similar for the same blockchain. The main difference is in fiat conversion and withdrawal processing times, which vary by provider and region.
Bitpace offers both custodial and non-custodial modes, so merchants can choose to control their own keys, founded in 2017. Speed operates in custodial mode only, founded in 2021. Both providers implement standard security practices. Non-custodial options generally offer more security as funds are not held by a third party.
Customer support quality can be assessed through third-party review platforms. Bitpace has a Trustpilot profile and a G2 profile where you can read user reviews. Speed has a Trustpilot profile and a G2 profile for community feedback. We recommend checking these platforms for the most up-to-date support reviews.