Gate Pay vs Binance Pay
Side-by-side comparison of fees, features, integrations, and more
| Feature | Gate Pay | Binance Pay |
|---|---|---|
| Transaction Fee | 0.5% | 1% |
| No KYC | No | No |
| Custodial Mode | Yes | Yes |
| Non-Custodial Mode | No | No |
| API Available | Yes | Yes |
| Avg. Rating | ||
| Year Founded | 2013 | 2017 |
| Overall Score | 51/100 | 69/100 |
Gate Pay vs. Binance Pay: Which one is better?
Binance Pay Wins
Verdict
Binance Pay and Gate Pay are closely matched across our comparison criteria, but Binance Pay edges ahead with a higher overall score. Still, Gate Pay may be the better choice depending on your specific requirements.
Frequently Asked Questions
Gate Pay and Binance Pay are both crypto payment processors but differ in fees, features, and integrations. Gate Pay charges 0.5% per transaction. Binance Pay charges 1% per transaction. Gate Pay is based in Malta while Binance Pay is based in Seychelles.
Gate Pay charges 0.5% per transaction, while Binance Pay charges 1%. Both should be evaluated based on your expected transaction volume and business needs.
Gate Pay supports no major e-commerce plugins and provides an API. Binance Pay supports WooCommerce plugins and provides an API. The ease of integration depends on your platform and technical requirements.
Both Gate Pay and Binance Pay support major cryptocurrencies. Gate Pay operates in custodial mode only. Binance Pay 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. Gate Pay charges 0.5% with no setup fee. Binance Pay 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. Gate Pay has a score of 51/100, offers a full API. Binance Pay has a score of 69/100, offers a full API, and supports WooCommerce. Evaluate based on your platform requirements and expected transaction volume.
Gate Pay does not have a WooCommerce plugin. Binance Pay has a dedicated WooCommerce plugin available. Choose the provider with native WooCommerce support for the easiest setup.
Settlement speed depends on the cryptocurrency network and each provider's processing. Both Gate Pay and Binance Pay 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.
Gate Pay operates in custodial mode only, founded in 2013. Binance Pay operates in custodial mode only, founded in 2017. 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. Gate Pay has a Trustpilot profile where you can read user reviews. Binance Pay has a Trustpilot profile and a G2 profile for community feedback. We recommend checking these platforms for the most up-to-date support reviews.