PayCryptoHost vs CoinGate: Which Crypto Payment Gateway Should You Use?
CoinGate is european custodial gateway with broad e-commerce plugin coverage and fiat payouts. PayCryptoHost takes the opposite approach: every invoice address is derived from your own extended public key, so the coins move from your customer to your wallet with nothing in between. Here is the honest comparison, including when CoinGate is still the better choice.
PayCryptoHost vs CoinGate at a glance
| PayCryptoHost | CoinGate | |
|---|---|---|
| Custody | Self-custodial — addresses derived from your xPub, funds land in your wallet. | Custodial — CoinGate holds funds until payout. |
| Fees | Free to start; flat, published pricing with no volume negotiation. | Percentage fee per transaction, with extra cost on fiat conversion and withdrawal. |
| Merchant KYC | None on the platform — we never hold your funds. | Merchant verification required for fiat settlement and higher volumes. |
| Settlement | On-chain, direct to your wallet on first confirmation. No payout schedule. | Crypto or EUR payouts, processed on CoinGate's schedule. |
| Assets | BTC, ETH, USDT and more, all settling to your own addresses. | Wide altcoin list plus BTC, ETH and stablecoins. |
| Integrations | REST API, webhooks, WordPress/WooCommerce and BigCommerce apps, hosted invoices. | Varies by plan — see CoinGate's documentation. |
| Best for | Merchants who want to keep custody of their revenue and be live the same day. | EU merchants who want SEPA payouts and a long tail of altcoins. |
CoinGate details reflect their publicly documented product behaviour and can change — check their current pricing page before deciding.
Why merchants move from CoinGate to PayCryptoHost
- •Self-custody: your keys generate every receiving address, so a platform outage never blocks access to your revenue.
- •No verification queue before you can take your first payment.
- •Underpayment and overpayment are detected, reconciled, and reported to you in both USD and BTC instead of being silently rejected.
- •Webhooks, an HTTPS API, and WordPress/WooCommerce and BigCommerce apps included at every tier.
When CoinGate is still the better choice
- •You need EUR paid into a SEPA account automatically.
- •You must accept dozens of long-tail altcoins we do not support.
We would rather you pick the right tool than churn in a month. If any of the above describes your business, CoinGate is a reasonable choice.
How to switch from CoinGate in a day
- 1. Create your account. No approval queue, no business verification to take your first payment.
- 2. Add your xPub. Paste the extended public key from your hardware or software wallet. PayCryptoHost derives a fresh receiving address per invoice and never sees a private key.
- 3. Point your store or API at us. Install the WordPress or BigCommerce app, or call the REST API and subscribe to webhooks.
- 4. Run both in parallel. Keep CoinGate live until your first PayCryptoHost invoices confirm, then cut over.
Frequently asked questions
Is PayCryptoHost a good CoinGate alternative?
PayCryptoHost is a self-custodial alternative to CoinGate. Every invoice address is derived from your own extended public key, so payments settle straight into your wallet with no payout schedule, no minimum withdrawal and no merchant KYC on the platform.
How is PayCryptoHost different from CoinGate on custody?
Custodial — CoinGate holds funds until payout. PayCryptoHost never takes possession of your funds — addresses are generated from your xPub and the coins go directly to you on the first confirmation.
When should I still use CoinGate?
You need EUR paid into a SEPA account automatically. You must accept dozens of long-tail altcoins we do not support.
How long does it take to switch?
Most merchants are live the same day: create an account, paste your xPub, and either send an invoice or install the WordPress/WooCommerce or BigCommerce app and point it at your API key.
Compare other crypto payment gateways
Try the self-custodial CoinGate alternative
Free to start. Your keys, your coins, from the first invoice.
Get started free