Bitcoin Payment Gateway for WooCommerce vs CoinPot

Struggling to choose between Bitcoin Payment Gateway for WooCommerce and CoinPot? Both products offer unique advantages, making it a tough decision.

Bitcoin Payment Gateway for WooCommerce is a Bitcoin & Cryptocurrency solution with tags like woocommerce, bitcoin, payments, ecommerce, crypto, checkout.

It boasts features such as Allows customers to pay with bitcoin, Seamless integration with WooCommerce, Automatic conversion of bitcoin to fiat currency, Multiple wallet options supported, Payment notifications, Order management capabilities, No setup fees, No monthly fees and pros including Increases sales by offering bitcoin payment option, Easy to setup and integrate, No fees or commissions on bitcoin payments, Accept payments directly to your wallet, Accept payments in bitcoin but receive payouts in fiat currency, Opens ecommerce store to new global markets that prefer bitcoin.

On the other hand, CoinPot is a Bitcoin & Cryptocurrency product tagged with bitcoin, litecoin, dogecoin, micro-wallet, faucets, earning-sites.

Its standout features include Allows collecting small amounts of Bitcoin, Litecoin, Dogecoin and other cryptocurrencies from faucets and earning sites, Converts and combines small crypto amounts into larger, more usable sums, Offers a single wallet for multiple cryptocurrencies, Provides interest on stored crypto balances, Allows withdrawals to external wallets, and it shines with pros like Easy way to accumulate small amounts of crypto, No minimum limits for deposits, No fees for deposits, conversions or withdrawals, Interest earning on stored balances, Supports multiple popular cryptocurrencies.

Feature	Bitcoin Payment Gateway for WooCommerce	CoinPot
Overall Score	N/A	N/A
Primary Category	Bitcoin & Cryptocurrency	Bitcoin & Cryptocurrency

Product Overview

Bitcoin Payment Gateway for WooCommerce

Description: A plugin that allows WooCommerce online stores to accept bitcoin as a payment method. It integrates seamlessly with WooCommerce and enables customers to pay using bitcoin during checkout.

CoinPot

Description: CoinPot is a micro wallet service that allows users to collect small amounts of Bitcoin, Litecoin, Dogecoin and other cryptocurrencies from faucets and other earning sites. It then allows users to convert and combine these small amounts into larger, more usable sums.

Key Features Comparison

Bitcoin Payment Gateway for WooCommerce Features

• Allows customers to pay with bitcoin
• Seamless integration with WooCommerce
• Automatic conversion of bitcoin to fiat currency
• Multiple wallet options supported
• Payment notifications
• Order management capabilities
• No setup fees
• No monthly fees

CoinPot Features

• Allows collecting small amounts of Bitcoin, Litecoin, Dogecoin and other cryptocurrencies from faucets and earning sites
• Converts and combines small crypto amounts into larger, more usable sums
• Offers a single wallet for multiple cryptocurrencies
• Provides interest on stored crypto balances
• Allows withdrawals to external wallets

Pros & Cons Analysis

Bitcoin Payment Gateway for WooCommerce

Pros

• Increases sales by offering bitcoin payment option
• Easy to setup and integrate
• No fees or commissions on bitcoin payments
• Accept payments directly to your wallet
• Accept payments in bitcoin but receive payouts in fiat currency
• Opens ecommerce store to new global markets that prefer bitcoin

Cons

• Volatility of bitcoin price
• Limited adoption compared to traditional payment methods
• Must manage exchange rate fluctuations
• Need to convert bitcoin to fiat to avoid volatility
• Lack of buyer protection with bitcoin payments

CoinPot

Pros

• Easy way to accumulate small amounts of crypto
• No minimum limits for deposits
• No fees for deposits, conversions or withdrawals
• Interest earning on stored balances
• Supports multiple popular cryptocurrencies

Cons

• Limited to selected cryptocurrencies, does not support all
• Must meet minimum withdrawal amounts
• Not as secure as hardware or offline wallets
• Company owns the private keys to your wallet

Pricing Comparison

Bitcoin Payment Gateway for WooCommerce

• Free

CoinPot

• Free