Coinify
Cryptocurrency payment gateways
Blockchain software
Cryptocurrency software
- Features
- Ease of use
- Ease of management
- Quality of support
- Affordability
- Market presence
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Pay-as-you-go
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What is Coinify
Coinify is a cryptocurrency payment gateway and trading infrastructure provider that enables businesses and platforms to accept crypto payments and offer crypto buy/sell flows. It is used by merchants, PSPs, marketplaces, and fintechs that want to integrate crypto payments or brokerage features via APIs and hosted checkout experiences. The product typically combines payment processing, conversion/settlement options, and compliance-oriented onboarding to support regulated operations in supported regions.
API-first payment integration
Coinify provides APIs and integration options designed for embedding crypto payments and related flows into third-party products. This supports use cases such as merchant checkout, platform-based payments, and partner-led distribution. Compared with more wallet-custody-centric offerings in the space, Coinify is positioned around payment acceptance and brokerage-style integrations.
Crypto-to-fiat settlement options
The service commonly supports conversion and settlement workflows that reduce direct crypto exposure for merchants. This is useful for businesses that want predictable accounting and treasury handling while still accepting crypto. It aligns with typical payment-gateway requirements such as reconciliation and payout handling rather than pure asset custody.
Compliance-oriented onboarding
Coinify operates as a regulated provider in certain jurisdictions and typically includes KYC/AML processes for relevant products and counterparties. This can simplify compliance responsibilities for partners that need a provider with established onboarding and monitoring processes. It is particularly relevant for platforms that need a vendor capable of supporting regulated crypto purchase and payment flows.
Geographic and product availability
Supported countries, payment methods, and settlement options can vary by jurisdiction and regulatory constraints. This can limit rollout plans for global merchants or platforms that need uniform coverage. Buyers often need to validate availability per market and per use case (payments vs. brokerage) before committing.
Less suited for self-custody
Organizations seeking fully self-hosted or self-custodial payment processing may find Coinify less aligned than open-source, self-managed alternatives. Coinify’s model typically relies on a managed service with provider-controlled components. This can be a limitation for teams with strict requirements around custody, infrastructure control, or on-prem deployment.
Dependency on provider risk controls
As with many managed crypto payment providers, transaction monitoring, risk rules, and compliance checks can affect approval rates and processing continuity. Merchants may experience holds, additional verification requests, or policy-driven restrictions depending on activity and risk profile. This introduces operational dependency on the provider’s underwriting and compliance decisions.
Plan & Pricing
Pricing model: Pay-as-you-go Free tier/trial: No permanent free subscription tier; no time-limited "trial" indicated on official site (usage is transaction-based). Example costs / fees (official site disclosures):
- Handling fees (applied on buy/sell orders):
- BUY orders: Bank Transfer 1% ; Credit/Debit Card (EEA) 3.5% ; Credit/Debit Card (non-EEA) 5%.
- SELL orders: Bank Transfer 1%.
- Conversion / FX fee: 0.50% for purchases done in currencies other than USD (foreign exchange fee).
- Network fees: Variable; deducted from cryptocurrency amount to cover blockchain network fees (estimated at trade creation; actual can vary).
- Risk margin (for Payment Services): ranges between 30 basis points (0.30%) and 100 basis points (1.00%) depending on market volatility (built into quoted price unless merchant elects otherwise).
- Merchant payout / settlement fees and minimums:
- SEPA settlements: Minimum transfer 250 EUR; Fee: Free.
- International bank transfer settlements: Minimum transfer 250 EUR (or equivalent); Fee: 15 EUR per bank transfer.
- Bitcoin settlements: Minimum transfer 0.001 BTC; Fee: 0.0001 BTC (to cover Bitcoin network fees).
- Minimum trade / order amounts (trading limits): Minimum Buy amount: €60 for credit card payments; €125 for bank transfers. Minimum Sell amount: €125 (USD-specific minimums apply for USD sell trades).
- Administrative fees (examples of fixed charges): Refunds to EU/SEPA bank accounts: €20; Refunds to international bank accounts: €30; Bank transaction re-issue: €20.
Discounts / negotiation: Enterprise / large-volume merchants may have partner/volume pricing and specific terms; certain fees depend on industry classification, partner monthly volume, and settlement currency (contact sales for customised pricing).
Seller details
Coinify ApS
Copenhagen, Denmark
2014
Private
https://www.coinify.com/
https://x.com/coinify
https://www.linkedin.com/company/coinify/
