Coingate vs BVNK
Side-by-side comparison of fees, features, integrations, and more
| Feature | Coingate | BVNK |
|---|---|---|
| Transaction Fee | 1% | 1% |
| No KYC | No | No |
| Custodial Mode | Yes | Yes |
| Non-Custodial Mode | No | No |
| API Available | Yes | Yes |
| Avg. Rating | ||
| Year Founded | 2014 | 2021 |
| Overall Score | 64/100 | 53/100 |
Coingate vs. BVNK: Which one is better?
Coingate Wins
Verdict
Coingate leads in 2 out of 2 comparable categories. However, BVNK may still be the better choice depending on your specific requirements. Always evaluate based on your business needs.
Frequently Asked Questions
Coingate and BVNK are both crypto payment processors but differ in fees, features, and integrations. Coingate charges 1% per transaction. BVNK charges 1% per transaction. Coingate is based in Lithuania while BVNK is based in United Kingdom.
Coingate charges 1% per transaction, while BVNK charges 1%. Both should be evaluated based on your expected transaction volume and business needs.
Coingate supports WooCommerce, PrestaShop, Magento plugins and provides an API. BVNK supports WooCommerce plugins and provides an API. The ease of integration depends on your platform and technical requirements.
Both Coingate and BVNK support major cryptocurrencies. Coingate operates in custodial mode only. BVNK 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. Coingate charges 1% with no setup fee. BVNK 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. Coingate has a score of 64/100, offers a full API, and supports WooCommerce, PrestaShop, Magento. BVNK has a score of 53/100, offers a full API, and supports WooCommerce. Evaluate based on your platform requirements and expected transaction volume.
Coingate has a dedicated WooCommerce plugin available. BVNK 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 Coingate and BVNK 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.
Coingate operates in custodial mode only, founded in 2014. BVNK 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. Coingate has a Trustpilot profile and a G2 profile where you can read user reviews. BVNK has a Trustpilot profile and a G2 profile for community feedback. We recommend checking these platforms for the most up-to-date support reviews.