CoinGate is a universal payment gateway that can be adapted to the needs of businesses of any size. Its popularity continues to grow due to a variety of features, such as access-based account management, the ability to make fiat transfers to bank accounts and the e-mail billing function.

In their pursuit of the ultimate goal, the CoinGate team produces innovative products and services. Thanks to this, CoinGate has become not only a payment gateway, but also a blockchain platform where users can carry out transactions for the purchase and sale of several cryptocurrencies through a single transaction.

The company actively promotes the spread of cryptocurrencies by offering a variety of methods for accepting cryptocurrency payments on any website or in a store. Among the available options are payment buttons, Point of sale (PoS) web applications, API integration and authorized plugins for popular e-commerce platforms.

Users can choose various payment methods, including credit/debit cards, SEPA bank transfers and mobile balances, to purchase or cash out their cryptocurrency assets.

Main Features 

To implement its concept of a one-stop shop for all cryptocurrencies and bring crypto payments closer to ordinary people, CoinGate is actively developing technologies that allow for blockchain-based transactions and bridge the gap between centralized and decentralized markets.

• The ability to send cryptocurrency accounts immediately

After completing the registration process on the CoinGate platform, you will be able to immediately start sending cryptocurrency accounts, without spending more time setting up or formatting. Simply enter the recipient's email address, the amount to be paid and select the payment currency to instantly create and send an invoice. This is a convenient and simple solution that saves time and simplifies the process of sending cryptocurrency payments.

• Integration for payment processing

Payment buttons, an application programming interface (API) and integrated point-of-sale platforms. The payment button allows merchants to accept payments in various cryptocurrencies with one click. CoinGate's flexibility means merchants can tailor the platform to their needs, from the look and feel to the notifications they receive when customers make purchases and send funds.

In addition, the CoinGate API has a wide range of potential opportunities for any enterprise or merchant wishing to accept cryptocurrency payments online. To do this, the platform manages the entire payment process from purchase to settlement. Businesses can accept this new form of payment without the risk of a change in the exchange rate. This functionality works best when integrated at the enterprise level.

• Instant purchases

The "Buy instantly" feature on the CoinGate platform provides a convenient opportunity to purchase cryptocurrencies without the need to create an account. After a quick verification, which takes only a few minutes, it will take you no more than an hour to receive your cryptocurrency.

It is important to remember that in order to make a purchase of cryptocurrency on the platform, you will need an appropriate external crypto wallet. This will ensure the safe storage and management of your digital assets after purchase.

• Gift cards

Customers of this platform can use their cryptocurrencies to purchase gift cards from more than a thousand different retail stores and services, including Netflix, Amazon, Xbox and others.

CoinGate gift cards are unique and you receive them by email almost instantly (for 99.9%). You can also ask CoinGate to email them directly to a friend or family member, making them an ideal last-minute gift option.

In addition, if a customer pays for membership with a gift card rather than a credit or debit card, they can bypass geographical restrictions and get full access to subscription features.

Available Cryptocurrencies

The wide variety of supported cryptocurrencies on the platform allows even those traders who prefer less common altcoins to stay on this platform without having to look for other trading platforms. However, the presence of a large number of cryptocurrencies can also increase the likelihood of encountering fraudulent assets. Exchanges with a more limited choice usually prefer to support only those cryptocurrencies that have passed strict checks, while new altcoins may not have such extensive verification. CoinGate's assessment shows that cryptocurrencies available on their platform have passed a certain level of verification, although the newest or little-known altcoins may be excluded from the list for trading.

Commission and fees

CoinGate actively adheres to high standards of safety and transparency in its activities. When calculating exchange rates for invoices, CoinGate uses data from several exchanges around the world. Our main goal is to ensure compliance with all functional, legal and financial standards, as well as to remain competitive in the market.

To do this, we have developed our own unique algorithms to determine the current exchange rates, taking into account the risks associated with each individual transaction. To protect against market fluctuations, we fix the current exchange rate for 20 minutes and indicate it in a prominent place on the payment invoice, which helps to increase the level of transparency and openness of our activities.

CoinGate's standard fee for SEPA bank transfers is 1%, including the cost of buttons, integrations, web PoS, API and billing. However, if you prefer to make purchases with a credit card, the commission is 8%. We provide a detailed breakdown of all related fees and services on our website so that our customers can easily review them.

Safety 

CoinGate is indeed required to comply with all applicable laws and regulations, including local, national and international standards such as the 5th Anti-Money Laundering Directive (AML) approved by the European Parliament. These measures are aimed at preventing fraud, terrorist financing and other illegal activities, which ensures the security of the service and protection against unfair actions.

To provide an additional layer of security, CoinGate uses the two-factor authentication protocol (2FA), which is widely used in the financial sector. This method requires entering a password sent to the user's mobile device, which provides protection against unauthorized access to the account.

Storing most of the digital assets in cold storage also helps protect against cybercriminals and potential cyber attacks.

CoinGate also complies with the requirements of the General Data Protection Regulation (GDPR), ensuring that confidential user data is stored and used in accordance with high standards of confidentiality. Users can contact [email protected] with questions, comments or complaints regarding the processing and storage of their data, and a data protection specialist from CoinGate will respond to requests and regulate possible problems.

Finally, it is important to note that in the entire history of its existence, CoinGate has never been the target of a hacking attempt, has not lost funds or faced a leak of confidential data, which indicates a high level of security of the platform.

Support Service 

Users who are faced with questions or need to get additional information can contact several sources for help.

FAQ: The "Frequently Asked Questions" section is available on the CoinGate website, where users can find answers to the most common questions about the platform, its functions and services.

CoinGate Blog: The CoinGate platform blog also contains a lot of useful information, including articles, guides and reviews that can help users understand various aspects of using cryptocurrencies and CoinGate services.

Email and Contact Form: Users can send their questions and requests directly to CoinGate support by sending an email to [email protected] or by filling out a special contact form on the website. CoinGate support representatives guarantee a response to requests within 24 hours, providing users with a quick and effective solution to their questions.

Conclusion

CoinGate truly represents a one-stop shop for all cryptocurrency payment processing, trading and gift card needs. It plays an important role in promoting the universal adoption of cryptocurrencies by providing various methods of integrating crypto payments for stores both online and offline.

With CoinGate, users can easily exchange their cryptocurrency for fiat money thanks to the support of a wide range of payment methods. This means that sellers using CoinGate can now accept more than 70 different cryptocurrencies through the platform, as well as convert them into fiat money.

This significant update opens up new opportunities for crypto enthusiasts, allowing them to use their digital assets in day-to-day operations. The introduction of this feature is an important step towards the widespread adoption and use of cryptocurrencies in various aspects of our lives.