Software Alternatives, Accelerators & Startups

CoinGate VS Sumsub

Compare CoinGate VS Sumsub and see what are their differences

CoinGate logo CoinGate

CoinGate is a payment gateway for Bitcoin, XRP, Litecoin, Ethereum and 50 other cryptocurrencies.

Sumsub logo Sumsub

One verification platform to secure the whole user journey
  • CoinGate Landing page
    Landing page //
    2023-06-25
  • Sumsub Landing page
    Landing page //
    2022-10-30

Sumsub is the one verification platform that secures every step of the user journey. With Sumsub’s customizable KYC, KYB, transaction monitoring and fraud prevention solutions, you can orchestrate your verification process, welcome more customers worldwide, meet compliance requirements, reduce costs and protect your business.

Sumsub achieves the highest conversion rates in the industry—91.64% in the US, 95.86% in the UK, and 90.98% in Brazil—while verifying users in less than 50 seconds on average.

Sumsub’s methodology follows FATF recommendations, the international standard for AML/CTF rules and local regulatory requirements (FINMA, FCA, CySEC, MAS, BaFin).

CoinGate videos

Coingate.cc review | Best Legit Mining Site Launched 2020,Free Earn Daily Bitcoin Live Payment Proof

More videos:

  • Review - COINGATE.CC LEGIT OR SCAM?? HONEST REVIEW
  • Review - Coingate.cc Review With Live Withdrawal | Free 1000Ghs?😲 0.0001Btc Daily?😲 | Mining Site 2020 |

Sumsub videos

How Sumsub KYC works

More videos:

  • Demo - Full-cycle business verification (KYB)
  • Review - The most flexible transaction monitoring solution (KYT)

Category Popularity

0-100% (relative to CoinGate and Sumsub)
Cryptocurrencies
100 100%
0% 0
Identity Verification And Protection
Crypto Payments
100 100%
0% 0
Identity Verification
0 0%
100% 100

User comments

Share your experience with using CoinGate and Sumsub. For example, how are they different and which one is better?
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Reviews

These are some of the external sources and on-site user reviews we've used to compare CoinGate and Sumsub

CoinGate Reviews

Top Crypto and Bitcoin Payment Processors - Accept Digital Currencies
In addition, the platform charges a nominal fee of 1% on all transactions, making it a cost-effective solution for merchants seeking an affordable and dependable payment gateway. To sum it up, CoinGate distinguishes itself with its exceptional features, robust security measures, and highly user-friendly interface, making it an excellent choice for businesses accepting crypto...
Source: originstamp.com

Sumsub Reviews

  1. Hands down one of the best experiences with document verification. I have to go through this kind of checks on a weekly basis and sumsub is relatively fast and has a smooth interface that guides you through the whole process. Solid 5/7

    👍 Pros:    Super fast

Discover the Top 5 Identity Verification Providers in 2023
When it comes to capabilities, flexibility is a key selling point as it empowers organizations to align the identity verification service with their unique workflows, compliance needs, and risk appetite. Different vendors provide different levels of customizations, with ComplyCube and SumSub offering the most flexible and granular options in their respective online portals.

Social recommendations and mentions

Based on our record, CoinGate should be more popular than Sumsub. It has been mentiond 20 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

CoinGate mentions (20)

  • Coingate.com disabled BCH payments
    BCH is disabled as a payment method for coingate.com transactions. Support pages don't mention it, but even if I hypothetically wanted to try using Lightning Notwork, the limit is 0.042 BTC, have fun getting the actual BTC with a $20 fee🙄 https://support.coingate.com/hc/en-us/articles/4402506647314-What-is-the-Lightning-Network-limit-. Source: about 1 year ago
  • [CASE STUDY] 4 ways how we increased our blog's organic traffic by 400% in 8 months
    Although this migration took quite a while, since it needed a new UI re-design, there were some difficulties migrating to a separate WordPress hosting, because our main page (coingate.com) is built on react.js. Source: over 1 year ago
  • For privacy-focused Bitcoin users, what are your thoughts on Chainalysis and Elliptic?
    What about for paying for services such as VPNs or Domain Registrars? Many use CoinGate (https://coingate.com/). That's a cryptocurrency payment processor. So is BitPay. And so is Coinbase Commerce. Source: over 1 year ago
  • Looking for payment processing on/off ramps for Nano transactions
    Coingate looked promising as well, but it looks like they use a supervised wallet rather than your own. Source: almost 2 years ago
  • Sites to buy gift cards from using crypto?
    There is another service called - https://coingate.com but I haven't used them before. I came across it after some searches. However, since Bitrefill has a very extensive selection you may end up just using it. Source: over 2 years ago
View more

Sumsub mentions (8)

  • Haru Invest referral code: 🚀💰 'HELLO' (March 2023)
    After that you must complete secure KYC process (done via the SumSub company). Source: over 1 year ago
  • Binance p2p
    I didnt recieve my crypto from the p2p Transfer and its asking for me to do verification from sumsub.com. I have no idea what this website is but I filled out the verification and it says they are partnered with Binance. Source: over 1 year ago
  • Community discussion about Spectrum Finance $SPF token in this thread December 9th, 6 pm UTC — Please join!
    KYC and data storage could be done by a trusted third-party service called Sum and Substance. Source: over 1 year ago
  • Level 2 verification - document not approved / CS not replying
    It might be required to present proof of address for KYC, which you can learn more about here. The KYC procedure is handled by our partners at sumsub.com and they are the ones checking the validity of the document. Source: almost 2 years ago
  • Is there a way to verify my account with non-english IDs/ PoA?
    Updated the link with the source. Hope it helps. https://sumsub.com/. Source: about 2 years ago
View more

What are some alternatives?

When comparing CoinGate and Sumsub, you can also consider the following products

BitPay - Bitcoin payment gateway. Enterprise-grade solutions, from the pioneer of bitcoin payments.

ComplyCube - Verify your customers in under 15 seconds anywhere in the world with a cutting-edge SaaS & API platform for Identity Verification and AML/KYC compliance.

Coinbase - Bitcoin, safe and easy.

Onfido - Onfido is the data-driven platform for intelligent background checking.

NOWPayments - NOWPayments is a crypto payment gateway that supports more than 300 cryptocurrencies, including fiat, and offers simple tools to accept crypto payments, like a crypto payments API, plugins, invoices.

Veriff - Smart and scalable identity verification.