Coinbase Commerce vs Speed
Side-by-side comparison of fees, features, integrations, and more
| Feature | Coinbase Commerce | Speed |
|---|---|---|
| Transaction Fee | 1% | 1% |
| No KYC | No | No |
| Non-Custodial Mode | Yes | No |
| API Available | Yes | Yes |
| Avg. Rating | ||
| Year Founded | 2012 | 2021 |
| Overall Score | 81/100 | 47/100 |
Coinbase Commerce vs. Speed: Which one is better?
Coinbase Commerce Wins
Verdict
Coinbase Commerce 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
Coinbase Commerce and Speed are both crypto payment processors but differ in fees, features, and integrations. Coinbase Commerce charges 1% per transaction and offers both custodial and non-custodial modes. Speed charges 1% per transaction. Coinbase Commerce is based in USA while Speed is based in United States.
Coinbase Commerce charges 1% per transaction, while Speed charges 1%. Both should be evaluated based on your expected transaction volume and business needs.
Coinbase Commerce supports Shopify, WooCommerce, PrestaShop, Magento 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 Coinbase Commerce and Speed support major cryptocurrencies. Coinbase Commerce 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. Coinbase Commerce 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. Coinbase Commerce has a score of 81/100, offers a full API, and supports Shopify, WooCommerce, PrestaShop, Magento. 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.
Coinbase Commerce 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 Coinbase Commerce 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.
Coinbase Commerce offers both custodial and non-custodial modes, so merchants can choose to control their own keys, founded in 2012. 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. Coinbase Commerce 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.