CoinPot vs Bitcoin Payment Gateway for WooCommerce

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

CoinPot is a Bitcoin & Cryptocurrency solution with tags like bitcoin, litecoin, dogecoin, micro-wallet, faucets, earning-sites.

It boasts features such as 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 pros including 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.

On the other hand, Bitcoin Payment Gateway for WooCommerce is a Bitcoin & Cryptocurrency product tagged with woocommerce, bitcoin, payments, ecommerce, crypto, checkout.

Its standout features include 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 it shines with pros like 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.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

CoinPot

CoinPot

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.

Categories:
bitcoin litecoin dogecoin micro-wallet faucets earning-sites

CoinPot Features

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

Pricing

  • Free

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


Bitcoin Payment Gateway for WooCommerce

Bitcoin Payment Gateway for WooCommerce

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.

Categories:
woocommerce bitcoin payments ecommerce crypto checkout

Bitcoin Payment Gateway for WooCommerce Features

  1. Allows customers to pay with bitcoin
  2. Seamless integration with WooCommerce
  3. Automatic conversion of bitcoin to fiat currency
  4. Multiple wallet options supported
  5. Payment notifications
  6. Order management capabilities
  7. No setup fees
  8. No monthly fees

Pricing

  • Free

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