Comparing Cryptocurrency Payment Services: 15 Sites Like Moonpay

ByDynamik Updated on Similar Websites

Moonpay is a popular cryptocurrency payment processor that allows users to easily buy and sell cryptocurrencies using their credit or debit card. In this post, we’ll be exploring 15 alternative sites like Moonpay that offer similar features and services.

Sites Like Moonpay

Whether you’re a cryptocurrency enthusiast looking to make purchases or a merchant seeking a reliable payment gateway, there are plenty of options available. In this list, we’ll highlight a variety of sites like Moonpay, each with its own unique features and benefits. From established payment processors to newer entrants in the market, there’s sure to be an option that fits your needs.

List of 15 websites like Moonpay:

1. Coinbase

Coinbase is a cryptocurrency exchange that allows users to buy, sell, and store a variety of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and more. It is one of the largest and most well-known cryptocurrency exchanges, with over 35 million users worldwide.

One of the key features of Coinbase is that it allows users to easily buy and sell cryptocurrencies using their credit or debit card. This is made possible through Coinbase’s partnership with financial institutions and payment processors, which enables it to accept traditional payment methods.

In addition to its exchange platform, Coinbase also offers a range of other services, including a cryptocurrency wallet, a merchant platform for accepting cryptocurrency payments, and a cryptocurrency custody service for institutional investors.

Overall, Coinbase is a versatile and user-friendly platform that is suitable for both novices and experienced cryptocurrency users. It is regulated in the United States and operates in over 100 countries, making it a trusted and reliable option for buying and selling cryptocurrencies.

Pros:

  1. Offers a simple and intuitive user interface.
  2. It is a secure platform regulated by the Financial Crimes Enforcement Network (FinCEN).
  3. It has excellent customer service with fast response times.
  4. It supports multiple cryptocurrencies, including Bitcoin, Ethereum, Litecoin and more.
  5. Coinbase provides additional security features such as two-step authentication and insurance for digital currency stored on its servers.

Cons:

  1. Coinbase charges high fees for transactions and trading activities compared to other platforms.
  2. It does not provide margin trading or short-selling capabilities, which may limit traders’ options for making profits from their investments.
  3. There have been reports of slow deposits and withdrawals from Coinbase accounts in some cases due to poor liquidity management practices by the platform’s custodians.

2. BitPay

BitPay is a payment service provider that enables merchants to accept Bitcoin payments online and in-store. It was founded in 2011 and is headquartered in Atlanta, Georgia.

One of the key features of BitPay is that it allows merchants to easily accept Bitcoin payments and receive payouts in their local currency. This is made possible through the use of BitPay’s partnership with financial institutions and payment processors, which enables it to facilitate the conversion of Bitcoin into fiat currency.

BitPay also offers a range of other products and services, including a Bitcoin wallet and a Bitcoin debit card. These products allow individuals to easily store and spend their Bitcoin using traditional payment methods.

Overall, BitPay is a reliable and secure option for merchants looking to accept Bitcoin payments. It is regulated in the United States and operates in over 200 countries, making it a trusted and widely used payment service provider.

Pros:

  1. Easy to use for both merchants and customers, with a user-friendly interface.
  2. Offers fast, secure payment processing for online purchases.
  3. Supports multiple currencies, including Bitcoin and other crypto assets.
  4. Offers competitive fees for businesses and individuals using its services.
  5. Provides excellent customer service with knowledgeable representatives available to answer questions quickly and effectively.

Cons:

  1. Limited vendor acceptance of payments made via BitPay due to its focus on cryptocurrency transactions only.
  2. May require pre-payment of certain fees before processing transactions, which can be inconvenient for customers in some cases.
  3. Premature adoption of new technologies may cause issues with compatibility and integration when utilizing the platform’s features or services.
  4. High transaction fees relative to other providers may make it less attractive as a payment processor in some cases.

3. Binance

Binance is a cryptocurrency exchange that allows users to buy, sell, and trade a wide range of cryptocurrencies. It was founded in 2017 and is headquartered in Malta.

One of the key features of Binance is its extensive selection of cryptocurrencies. It supports over 100 different cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and many more. This makes it a popular choice for traders looking to access a wide range of digital assets.

In addition to its exchange platform, Binance also offers a range of other products and services, including a cryptocurrency wallet, a cryptocurrency futures trading platform, and a cryptocurrency lending platform. These products allow users to easily store, trade, and earn interest on their cryptocurrency holdings.

Binance is known for its fast and efficient trading platform, which is supported by advanced technology such as its own blockchain, Binance Chain. It also offers competitive fees and has a strong reputation for security and reliability.

Overall, Binance is a leading cryptocurrency exchange that is suitable for both novice and experienced traders. It is regulated in a number of countries and has a global user base, making it a trusted and widely used platform for buying and selling cryptocurrencies.

Pros:

  1. Binance offers a wide selection of digital currencies, with more than 140 available to choose from.
  2. It has a simple and user-friendly interface, making it easy to navigate and use.
  3. Binance boasts some of the lowest trading fees in the industry, which makes it attractive for both new and experienced traders.
  4. The platform’s security measures are high-level, protecting users’ funds against external attacks.
  5. Binance provides its users with access to advanced trading tools and charting platforms to aid them in their decision-making process.

Cons:

  1. Binance is not regulated by any government or financial institution, so traders may be concerned about the safety of their funds if something goes wrong with the exchange platform itself.
  2. Its user verification process can be slow and tedious for some users, leading to delays in transactions being completed.

4. Kraken

One of the key features of Kraken is that it allows users to buy and sell cryptocurrencies using their credit or debit card. This is made possible through Kraken’s partnership with financial institutions and payment processors, which enables it to accept traditional payment methods.

In addition to its exchange platform, Kraken also offers a range of other products and services, including a cryptocurrency wallet, a margin trading platform, and an over-the-counter (OTC) trading desk. These products allow users to easily store, trade and lend their cryptocurrency holdings.

Kraken is known for its secure and reliable platform, which is supported by advanced security measures such as multi-factor authentication and cold storage for digital assets. It also offers competitive fees and has a strong reputation in the cryptocurrency industry.

Overall, Kraken is a global cryptocurrency exchange that is suitable for both novice and experienced traders. It is regulated in a number of countries and has a large user base, making it a trusted and widely used platform for buying and selling cryptocurrencies.

Pros:

  1. Kraken offers a wide selection of crypto assets to trade.
  2. There are low fees for trading and deposits on the platform.
  3. The user interface is clean and intuitive, making it easy to navigate for new traders.
  4. Kraken provides advanced security features such as two-factor authentication, IP address whitelisting, and PGP/GPG encryption for email communications.
  5. Kraken has a helpful customer service team available 24/7 via email and phone support lines.

Cons:

  1. Trading fees are higher than other exchanges on certain markets, so there can be significant costs associated with trading on Kraken.
  2. There have been reports of issues with account verification processes and withdrawal delays in some cases which can cause frustration for users trying to access their funds quickly.
  3. Limited payment options compared to some of its competitors restrict the methods that customers can use to fund their accounts or make withdrawals from Kraken.

5. CEX.io

CEX.io is a reliable cryptocurrency exchange that supports a wide range of payment methods, including credit and debit cards. It offers fast transactions and high liquidity, making it easy to buy and sell crypto quickly.

Additionally, CEX.io’s user-friendly interface allows users to easily navigate the platform and make trades with ease. Overall, CEX.io is an excellent choice for those looking to buy or sell digital assets securely.

Pros:

  1. CEX.io offers a wide range of cryptocurrencies to buy and sell, as well as other services such as margin trading and crypto-backed loans.
  2. It has a user-friendly interface that is easy to navigate.
  3. It provides customer support in multiple languages and in multiple ways (email, chatbot, etc).
  4. Fees are relatively low compared to other exchanges.
  5. Security is a top priority with CEX.io as they use two-factor authentication, encryption technology, and cold storage of funds to protect their customers’ data and money.

Cons:

  1. Limited payment methods are available for deposits and withdrawals (namely debit/credit cards and bank transfers).
  2. KYC requirements for some users can be onerous and slow down the process of making trades or withdrawing funds…

6. Bitfinex

Bitfinex is a digital asset trading platform based in Hong Kong. It offers spot and margin trading for a variety of cryptocurrencies and fiat currencies, as well as derivatives such as perpetual contracts and futures.

Bitfinex also offers features such as staking, lending, and over-the-counter (OTC) services. The platform has been operating since 2012 and is one of the most popular cryptocurrency exchanges in the world.

Pros:

  1. Offers a wide range of trading products, including margin and spot trading.
  2. Easy-to-use interface with advanced charting options and order types.
  3. Low fees for takers and makers, depending on the user’s 30-day trading volume.
  4. Secured by multi-signature technology, which adds extra security to user accounts.
  5. Supports several fiat currencies such as USD, EUR, JPY, GBP, CHF, CAD, and AUD.

Cons:

  1. Not regulated in most jurisdictions, making it difficult to protect customers’ funds in the event of a dispute between them and Bitfinex or its affiliates.
  2. Suspected of engaging in wash trading and other manipulative practices in the past, which may have led to market manipulation or fraud-related activities.

7. Bittrex

Bittrex is a secure, reliable cryptocurrency exchange that supports a variety of payment methods, including credit cards. It offers fast execution speeds and advanced order types, allowing users to trade quickly and easily.

Additionally, its intuitive user interface makes it easy for beginners to get started trading cryptocurrencies. Bittrex is one of the most popular exchanges on the market today, making it an excellent choice for those looking to buy and sell digital assets.

Pros:

  1. Bittrex has a high level of security, with two-factor authentication and cold storage for all funds.
  2. The platform offers a wide variety of altcoins and tokens, allowing users to diversify their cryptocurrency investments.
  3. It is easy to use, with a simple interface and intuitive features for both novice and experienced traders.
  4. Transactions are fast and processing fees are low compared to other exchanges.
  5. The customer support team is highly responsive and helpful in resolving issues quickly.

Cons:

  1. Bittrex does not offer margin trading or any advanced trading tools like futures or options contracts.
  2. The platform has limited fiat currency options with only USD deposits available through wire transfers or bank accounts within the US.
  3. Liquidity can be an issue at times due to the low volume on some pairs, making it difficult to execute orders at the desired price level sometimes.

8. Huobi

Huobi is a Singapore-based cryptocurrency exchange that was founded in 2013. It offers over 400 digital assets, including Bitcoin, Ethereum, Litecoin, and more.

Huobi also provides margin trading and other services to its users. It is one of the world’s largest exchanges by volume and has a presence in over 130 countries.

Pros:

  1. Huobi offers a low trading fee of 2%, making it an affordable option for everyday traders.
  2. Huobi boasts a wide range of trading options, from cryptocurrencies to fiat currencies and derivatives.
  3. The platform provides advanced security measures such as two-factor authentication, cold storage, and dedicated security teams to protect user funds.
  4. Huobi has reliable customer service available via email and live chat for immediate assistance with any account issues or queries.
  5. Huobi Global offers users access to over 100 markets in countries around the world, expanding the potential customer base significantly.

Cons:

  1. Huobi has been known to experience technical difficulties during peak trading periods, which can be frustrating for users trying to make trades in time-sensitive markets.
  2. The platform also lacks features like margin trading and social trading, which could make it difficult for more advanced traders to maximize their returns.

9. OKEx

OKEx is a digital asset exchange platform based in Malta. It was founded in 2014 and offers trading services for a variety of digital assets including Bitcoin, Ethereum, Litecoin, EOS, and more.

OKEx also provides a suite of advanced trading tools and features such as margin trading, futures contracts, and options.

Pros:

  1. OKEx provides a wide variety of trading pair options, including futures, spot, and derivatives trading.
  2. The platform offers an intuitive and user-friendly interface.
  3. OKEx has extremely low trading fees compared to other exchanges.
  4. There is no KYC verification required for users on the platform.
  5. OKEx provides 24/7 customer support with live chat and email tickets.

Cons:

  1. There have been reports of slow withdrawals in the past by certain users on the platform.
  2. The deposit process can take some time which may be inconvenient for newcomers to the crypto market.
  3. OKEx does not accept fiat currencies as deposits or withdrawals, only crypto-to-crypto transactions are allowed on the exchange .
  4. The interface may be complex for novice traders or investors.

10. Bitstamp

Bitstamp is a leading bitcoin exchange that allows users to buy and sell bitcoin and other cryptocurrencies. It offers a secure platform for trading, with features like two-factor authentication, cold storage, and 24/7 customer support.

Bitstamp also provides access to advanced trading tools such as margin trading, automated trading bots, and order types. With its low fees and wide range of payment methods, it’s an ideal choice for both beginners and experienced traders.

Pros:

  1. Secure trading platform
  2. Low trading fees
  3. A wide variety of payment methods accepted
  4. Support for the most popular cryptocurrencies
  5. 24/7 customer support.

Cons:  

  1. Limited regional availability
  2. High deposit and withdrawal fees in some cases
  3. No margin trading or derivatives products are available  
  4. Limited educational resources for traders
  5. The long verification process for new accounts.

11. Gemini

Gemini is a regulated cryptocurrency exchange that allows users to buy and sell bitcoin, Ethereum, Litecoin, Zcash, and more. It offers secure storage of crypto assets in cold storage, advanced order types, and fast deposits and withdrawals.

Gemini also features a user-friendly interface and 24/7 customer support. All transactions are protected by FDIC insurance up to $250,000.

Pros:

  1. Gemini is highly adaptable, enabling them to handle different situations with ease.
  2. They are thoughtful and intelligent, finding creative solutions to problems.
  3. Gemini is often witty and charming, making them popular among their peers.
  4. They are curious and like to explore new ideas and concepts.
  5. Gemini has excellent communication skills which can help build strong relationships with others.

Cons:

  1. Gemini can be indecisive which may lead to difficulty in making firm commitments or decisions.
  2. They can be overly analytical, overthinking situations and not trusting their gut instincts enough.
  3. Gemini’s tendency for restlessness can lead them to jump from one task to the next without completing any of them properly.
  4. They are prone to being scattered-minded, often forgetting important details or dates due to their lack of focus on a particular task or goal at hand.

12. Paxful

Paxful is a peer-to-peer (P2P) bitcoin marketplace that allows users to buy and sell bitcoin using various payment methods. It was founded in 2015 and is headquartered in New York City.

One of the unique features of Paxful is the wide range of payment methods that are accepted on the platform. In addition to traditional methods such as credit and debit cards, users can also buy and sell bitcoin using gift cards, bank transfers, and a variety of other payment methods.

This makes Paxful an attractive option for users who may not have access to traditional financial services or who prefer to use alternative methods of payment.

Paxful also offers a number of security measures to protect users’ funds and personal information. These include two-factor authentication, email verification, and identity verification.

Pros:

  1. Paxful allows users to buy, sell, and exchange Bitcoin in over 300 payment methods.
  2. It offers a wide range of features such as escrow services, dispute resolution, and an intuitive user interface.
  3. The site is secure and uses advanced security protocols to ensure user data and funds are safe.
  4. Paxful has a helpful customer support team available 24/7 to assist with any questions or concerns.
  5. Transactions on the platform are usually processed quickly without any delays.

Cons:

  1. Paxful charges high fees for each transaction which can be quite expensive for some users.
  2. The website does not offer its own wallet service, which means users need to find their own secure digital wallet before using the platform for trading Bitcoin or other cryptocurrencies.  
  3. There have been reports of users being scammed by other traders on the platform so caution must be taken.

13. LocalBitcoins

LocalBitcoins is a peer-to-peer (P2P) bitcoin exchange that allows users to buy and sell bitcoin using various payment methods, including credit and debit cards. It was founded in 2012 and is headquartered in Helsinki, Finland.

One of the main features of LocalBitcoins is that it allows users to connect with each other directly to buy and sell bitcoin. This means that users can choose from a wide range of payment methods, including cash, bank transfers, and a variety of other options.

This makes LocalBitcoins an attractive option for users who may not have access to traditional financial services or who prefer to use alternative methods of payment.

In addition to its P2P marketplace, LocalBitcoins also offers a number of security measures to protect users’ funds and personal information. These include two-factor authentication, email verification, and identity verification.

Pros

  1. LocalBitcoins provides an easy-to-use peer-to-peer platform for users to buy and sell Bitcoins for a variety of payment methods.
  2. The fees are low compared to other exchanges, making it very cost-effective.
  3. It allows users to remain anonymous, providing more privacy than some other Bitcoin exchanges.
  4. The interface is simple and intuitive, making it easy to use even for those who are new to cryptocurrency trading.
  5. It has a built-in escrow system that keeps both buyers and sellers safe from fraud or scams.

Cons

  1. Local Bitcoins can be more expensive than other exchanges due to the fact that prices are determined by individual sellers, not by market forces like supply and demand.
  2. Selling bitcoins through LocalBitcoins may involve a higher risk of fraud or scam as there is no way to verify the identity of the buyer or seller.

14. Coinmama

Coinmama is a cryptocurrency exchange that allows users to buy and sell various cryptocurrencies, including bitcoin, using their credit or debit cards. It was founded in 2013 and is headquartered in Israel.

One of the main features of Coinmama is its ease of use. The platform is designed to be user-friendly and allows users to quickly and easily buy and sell cryptocurrencies using their credit or debit cards.

Coinmama also offers a number of security measures to protect users’ funds and personal information, including two-factor authentication and email verification.

In addition to its exchange services, Coinmama also offers a wallet service, which allows users to securely store their cryptocurrencies. Coinmama supports a number of different cryptocurrencies, including bitcoin, Ethereum, and Litecoin.

Pros:

  1. High purchase limits of up to $50,000 per day.
  2. A wide range of payment methods is accepted including credit/debit cards, Skrill, and SEPA bank transfers.
  3. Simple user interface and easy registration process.
  4. Fast delivery times with transactions being completed within minutes of confirmation of payment.
  5. Secure platform with verified accounts and two-factor authentication available for added security.

Cons:

  1. High fees of up to 8% per transaction, making it one of the most expensive exchanges around.
  2. No refunds on purchases so users should be sure their purchase is correct before confirming it.
  3. Limited currency options as only Bitcoin and Ethereum can be bought through Coinmama at this time.  
  4. No margin trading or other advanced features are available on the platform yet, limiting its usefulness for experienced traders and investors.

15. Changelly

Changelly is a cryptocurrency exchange that allows users to buy and sell a variety of cryptocurrencies using their credit or debit card. It was founded in 2015 and is headquartered in Prague, Czech Republic.

One of the main features of Changelly is its wide range of supported cryptocurrencies. In addition to popular cryptocurrencies like bitcoin and Ethereum, Changelly also supports a number of lesser-known altcoins, making it an attractive option for users who want to trade a diverse range of cryptocurrencies.

Changelly also offers a number of security measures to protect users’ funds and personal information, including two-factor authentication and email verification. The platform also has a user-friendly interface, making it easy for users to navigate and buy and sell cryptocurrencies.

Pros:

  1. Changelly offers an easy-to-use service with no registration required to make cryptocurrency exchanges.
  2. It has competitive exchange rates and a wide range of supported coins.
  3. Transactions are completed quickly, usually within 10-30 minutes.
  4. The interface is user-friendly and intuitive, making it simple for beginners to use.
  5. Fees are relatively low compared to other platforms, ranging from 0.25% to 0.50%.

Cons:

  1. Customer service can be slow and unhelpful at times, leading to frustration with the process.
  2. Changelly acts as an intermediary between individuals and exchanges, which can increase the risk of fraud or security breaches from malicious actors who gain access to user accounts.
  3. There is no customer protection if something goes wrong with a transaction due to the lack of regulation in the crypto industry overall.

Conclusion

In this post, we explored 15 alternative sites like Moonpay that offer similar features and services for buying and selling cryptocurrencies. From established exchanges to newer entrants in the market, there are plenty of options available for individuals and merchants seeking a reliable payment gateway.

When choosing a site like Moonpay, it’s essential to consider factors such as fees, supported cryptocurrencies, and user reviews. By comparing different options, you can find the best fit for your needs.

We hope this list has been helpful in your search for sites like Moonpay. Whether you’re a cryptocurrency enthusiast or a merchant looking for a payment gateway, there’s sure to be an option on this list that meets your needs.

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