CoinPayments vs Speed
Side-by-side comparison of fees, features, integrations, and more
| Feature | CoinPayments | Speed |
|---|---|---|
| Transaction Fee | 0.5% | 1% |
| No KYC | No | No |
| Non-Custodial Mode | No | No |
| API Available | Yes | Yes |
| Avg. Rating | ||
| Year Founded | 2013 | 2021 |
| Overall Score | 63/100 | 47/100 |
CoinPayments vs. Speed: Which one is better?
CoinPayments Wins
Verdict
CoinPayments leads in 3 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
CoinPayments and Speed are both crypto payment processors but differ in fees, features, and integrations. CoinPayments charges 0.5% per transaction. Speed charges 1% per transaction. CoinPayments is based in Cayman Islands while Speed is based in United States.
CoinPayments charges 0.5% per transaction, while Speed charges 1%. Both should be evaluated based on your expected transaction volume and business needs.
CoinPayments 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 CoinPayments and Speed support major cryptocurrencies. CoinPayments operates in custodial mode only. 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. CoinPayments charges 0.5% 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. CoinPayments has a score of 63/100, 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.
CoinPayments 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 CoinPayments 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.
CoinPayments operates in custodial mode only, founded in 2013. 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. CoinPayments 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.