CoinGate's weekly batch settlement is killing your cash flow. Here's why thousands of merchants are switching to Bekena for same-day crypto payment processing.
CoinGate has been in the crypto payment space since 2013. For many businesses, it was the obvious choice. But in 2026, the alternatives have caught up — and in some areas, significantly surpassed it. The most common complaint we hear from merchants switching from CoinGate: the weekly settlement schedule.
The Weekly Settlement Problem
When you receive a payment through CoinGate, those funds don't reach your wallet until the weekly payout cycle runs. For a SaaS business processing $50,000 per month, that's an average of $12,500 sitting in limbo at any given moment — unavailable for operations, payroll, or reinvestment. Bekena settles within ~5 minutes of each on-chain confirmation.
Bekena vs CoinGate: Side by Side
- ✓Processing fee: Both 1% flat — no difference
- ✓Settlement: Bekena ~5 min vs CoinGate weekly batches
- ✓Supported coins: Bekena 9 coins, 8 networks
- ✓Payouts API: Bekena ✓, CoinGate limited
- ✓Subscription billing: Bekena ✓, CoinGate limited
- ✓Free sandbox: Both ✓
- ✓Affiliate splits: Bekena ✓, CoinGate ✗
Who Should Switch from CoinGate to Bekena?
If your business needs: (1) cash flow — your funds within minutes not weeks, (2) affiliate/partner payouts via API, (3) iGaming or marketplace functionality, or (4) a developer-first API with modern webhook infrastructure — Bekena is the better choice.
Migration Is Simple
Switching payment gateways sounds daunting but the API surface is similar. You'll replace POST /payments with Bekena's equivalent, update your webhook handler, and swap your API keys. With the free sandbox, you can complete the migration and test it before touching production. Most teams complete the switch in under a day.