Picking the wrong crypto payment gateway costs you money every transaction. We compare Bekena, CoinGate, BitPay, and Coinbase Commerce on fees, settlement speed, supported coins, and features.
The crypto payment gateway market has matured significantly. A handful of providers dominate, but they differ substantially on settlement speed, fees, and supported use cases. This comparison helps you pick the right gateway for your business in 2026.
Quick Comparison: Fee and Settlement
- ✓Bekena: 1% flat fee, ~5 minute settlement
- ✓CoinGate: 1% flat fee, weekly batch settlement
- ✓BitPay: 1% + $0.25 per transaction, daily settlement
- ✓Coinbase Commerce: 1% flat fee, 1–3 day settlement
All four gateways charge roughly the same processing fee — the key differentiator is how fast you get your money. CoinGate batches withdrawals weekly, meaning funds you received Monday sit idle until the following week. Bekena settles within ~5 minutes of on-chain confirmation with no batching.
CoinGate
CoinGate is one of the oldest players (founded 2013) and has a large coin selection. Their 1% fee matches Bekena, but weekly settlement is a significant cash flow disadvantage for businesses with high transaction volume. They also have a more complex onboarding process and fewer API primitives for custom integrations.
BitPay
BitPay charges 1% plus a $0.25 per-transaction flat fee, which disproportionately impacts smaller transactions. A $20 transaction costs $0.45 (2.25%) instead of 1%. They offer daily settlement, which is better than weekly but still slower than real-time. BitPay has strong brand recognition but is focused on large enterprise customers.
Coinbase Commerce
Coinbase Commerce benefits from Coinbase's brand trust, but settlement takes 1–3 days and the product is built primarily for Coinbase's own ecosystem. The API is functional but lacks advanced features like affiliate payouts, subscription billing, or split payments that marketplace and iGaming operators need.
Bekena
Bekena is built specifically for businesses that need fast settlement and developer-friendly APIs. 1% flat fee with no per-transaction surcharges, settlement within ~5 minutes, and support for 9 coins across 8 networks. The Payouts API (for affiliate splits and mass payouts) and subscription billing are differentiators not available on the other platforms.
Which Gateway Should You Choose?
- ✓Choose Bekena for: fastest settlement, iGaming, marketplaces, affiliate programs, developer-first teams
- ✓Choose CoinGate for: widest coin selection if you need obscure altcoins
- ✓Choose BitPay for: large enterprise deals where Coinbase or BitPay brand is required
- ✓Choose Coinbase Commerce for: Coinbase-integrated businesses, US retail merchants