Software Alternatives, Accelerators & Startups

NOWPayments VS CryptoCompare

Compare NOWPayments VS CryptoCompare and see what are their differences

NOWPayments logo 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.

CryptoCompare logo CryptoCompare

We bring you all the latest streaming pricing data in the world of cryptocurrencies.
  • NOWPayments Landing page
    Landing page //
    2023-07-09

NOWPayments is a crypto payment gateway that lets all types of businesses accept payments in 300+ cryptocurrencies, with auto coin conversion and fiat conversion available.

Pricing: 0,5% transaction fee + 0,5% exchange fee if exchange is needed. The platform also supports fiat conversion: allowing users to pay in fiat currencies, and merchants to accept crypto, and vice versa.

NOWPayments offers tools for accepting payments: - API - Invoices - Billing (recurring payments) - E-commerce plugins - Web-based point-of-sale for physical stores

NOWPayments also has donation tools: - Donation button (customizable) - Donation widget - Customizable donation link - Donation button for Twitch streamers

NOWPayments has a solution for payouts: mass payouts + custody if needed

NOWPayments has developed a special custody solution: allowing merchants to create and manage deposit accounts for their customers

NOWPayments offers customized solutions for different industries: - Gaming - Gambling - Trading Platforms - Adult Industry - PSP - E-commerce T- oken Generation Events - and we can develop custom solutions for your needs.

Benefits - 250+ assets available for cross-chain payments (converted automatically) - and more coming - Listing requests accepted - Instant settlements - Fixed rate - Low fees - Micropayments possible - Fiat on/off ramp possible - Customizable solutions for industries - 24/7 support - Personal Account managers - Non-custodial and custodial flows available - Part of a bigger NOW ecosystem: ChangeNOW exchange service, NOWNodes, NOW Wallet, etc - Marketing support

NOWPayments is a non-custodial payment gateway, which means that all your payments will be instantly transferred to your own wallet that only you can have access to.

  • CryptoCompare Landing page
    Landing page //
    2023-05-11

NOWPayments

Platforms
WooCommerce Wordpress REST API
Release Date
2019 April

NOWPayments features and specs

  • Wide Range of Supported Cryptocurrencies
    NOWPayments supports over 50 cryptocurrencies, allowing merchants and users to transact using their preferred digital assets.
  • Merchant Tools and Plugins
    NOWPayments offers a variety of integrations including APIs, an invoicing system, and plugins for popular e-commerce platforms like WooCommerce, Magento, and Shopify.
  • Non-Custodial Service
    Funds go directly to the merchant's wallet, ensuring greater security and reducing the risk associated with centralized platforms.
  • Low Fees
    The platform offers competitive transaction fees starting at 0.5%, making it an affordable choice for businesses.
  • Auto Coin Conversion
    Merchants can automatically convert received cryptocurrencies into a more stable asset or their preferred cryptocurrency.

Possible disadvantages of NOWPayments

  • Customer Support
    Although generally reliable, some users have reported delays in customer support response times during peak periods.
  • Regulatory Uncertainty
    As with any cryptocurrency service, the platform operates in a regulatory gray area in some jurisdictions, which could lead to potential compliance challenges.
  • Dependency on Cryptocurrency Volatility
    The value of cryptocurrencies can be highly volatile, posing risks for both merchants and customers in terms of transaction value fluctuations.
  • Relatively New Service
    As a relatively new player in the market, the platform may lack the extensive track record and reliability compared to more established providers.

CryptoCompare features and specs

  • Comprehensive Data
    CryptoCompare provides a wide range of data on various cryptocurrencies, including historical data, real-time price tracking, and market cap information. This makes it a reliable source for market analysis and research.
  • Portfolio Management
    The platform allows users to manage their cryptocurrency portfolios effectively by providing tools to track investments, calculate gains and losses, and analyze performance.
  • News and Analysis
    CryptoCompare offers a rich selection of news articles, analysis pieces, and educational content that help users stay informed about market trends and developments in the cryptocurrency space.
  • API Access
    CryptoCompare provides API access for developers, enabling them to integrate its comprehensive data into custom applications and services.
  • Community Engagement
    The platform has an active community where users can discuss various topics related to cryptocurrencies, share insights, and get advice from seasoned traders and investors.

Possible disadvantages of CryptoCompare

  • Limited Advanced Trading Features
    While CryptoCompare offers excellent data and portfolio management tools, it lacks advanced trading features that professional traders might require, such as real-time trading or arbitrage functionalities.
  • Ads and Promotions
    The website displays ads and promotional content, which can be distracting for users looking for a clean, ad-free experience.
  • User Interface Complexity
    The extensive range of features and data can make the user interface somewhat overwhelming for beginners, leading to a steep learning curve.
  • Data Accuracy
    There have been occasional reports of discrepancies in data accuracy, particularly with less popular or newer cryptocurrencies.
  • Subscription Fees
    Some of the more advanced features and data points on CryptoCompare are locked behind a subscription paywall, which might be a drawback for users unwilling to pay for premium services.

Analysis of NOWPayments

Overall verdict

  • NOWPayments is considered a reliable and beneficial service for cryptocurrency payments by many users.

Why this product is good

  • NOWPayments is praised for its ease of use, allowing businesses to accept a wide range of cryptocurrencies with simple integration processes. It offers competitive transaction fees and supports automatic conversion to fiat currencies, providing flexibility for businesses. Additionally, its non-custodial nature enhances security, as it does not hold the funds but directly transfers them to the merchant's wallet.

Recommended for

    NOWPayments is highly recommended for online businesses, e-commerce platforms, and any merchants looking to expand their payment options to include cryptocurrencies. It is especially beneficial for those who value security, seek to reach a global customer base, and want to offer flexible payment choices.

Analysis of CryptoCompare

Overall verdict

  • CryptoCompare is generally regarded as a reliable and comprehensive resource for cryptocurrency enthusiasts and traders, offering robust tools and data for market analysis. However, like any platform, it is advisable for users to complement their research with information from multiple sources.

Why this product is good

  • CryptoCompare is a popular platform for accessing cryptocurrency market data, offering a wide range of services including live price updates, historical data, portfolio management tools, and comprehensive analysis features. It is widely used due to its user-friendly interface, accuracy, and the breadth of information available, supporting a multitude of cryptocurrencies and exchanges. Additionally, CryptoCompare often integrates community-driven reviews and insights, adding an additional layer of context to their data offerings.

Recommended for

    CryptoCompare is recommended for cryptocurrency traders, investors, analysts, and anyone interested in keeping up with cryptocurrency market trends. It is particularly useful for those who need real-time data and comprehensive analytics to inform trading decisions and portfolio management.

NOWPayments videos

What is NOWPayments

More videos:

  • Review - What is NOWPayments? | Accept Crypto Payments | Crypto Merchant Processor | Process Crypto Payments
  • Tutorial - How to Setup NOWPayments Crypto Donation Button on Your Website (2021)

CryptoCompare videos

CryptoCompare Portfolio Overview

More videos:

  • Review - Simple Cryptocompare Review | 100% Works

Category Popularity

0-100% (relative to NOWPayments and CryptoCompare)
Cryptocurrencies
33 33%
67% 67
Crypto Payments
100 100%
0% 0
Crypto
0 0%
100% 100
Online Payments
100 100%
0% 0

Questions and Answers

As answered by people managing NOWPayments and CryptoCompare.

What makes your product unique?

NOWPayments's answer

300+ currencies, cross-chain payments, fiat on-ramp and off-ramp. Multiple crypto payment tools, custom solutions for various industries.

Why should a person choose your product over its competitors?

NOWPayments's answer

  • lower fees
  • more currencies supported
  • 24/7 support
  • transparent fee system, no hidden fees
  • listing possibilities
  • custom features

How would you describe your primary audience?

NOWPayments's answer

Businesses and individuals that would like to accept crypto

Who are some of the biggest customers of your product?

NOWPayments's answer

For example, Travala crypto travel platform

User comments

Share your experience with using NOWPayments and CryptoCompare. 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 NOWPayments and CryptoCompare

NOWPayments Reviews

Best Crypto Payment Gateways 2024
In the ever-evolving landscape of digital transactions, choosing the right payment gateway is paramount for businesses aiming to leverage the power of cryptocurrencies. As the market matures, demands for reliability, security, and efficiency have soared, making it imperative for businesses to align with the best-in-class solutions. Among the myriad of options available,...
Source: bitcoinist.com
9 Best Cryptocurrency Payment Gateways Reviewed [January 2023]
NowPayments is a well-known crypto payment gateway established by ChangeNow, one of the top crypto swapping sites, in 2019. The platform offers low transaction fees and also offers non-custodial services for users who would like to have complete control over their funds. Businesses can easily integrate NOWPayments API to their platforms and benefit from its additional tools...
Source: coingape.com

CryptoCompare Reviews

Best Cryptocurrency Portfolio Trackers 2021 – Altcoin Management Apps
Those who are buying cryptocurrency to hold it long-term, Cryptocompare will be more than satisfying and it is app to go for. But, if you are occasionally buying and selling coins than CoinTracking is portfolio app suited for you.
11 Best Crypto APIs for Developers
CryptoCompare is used by a wide range of businesses, investment institutions, and crypto companies. CryptoCompare includes a variety of data from market, trade, blockchain, and social sources.
Source: medium.com
Top 5 Free APIs to access historical cryptocurrencies data 🥇
Cryptocompare has a good amount of information (different useful endpoints) and a free tier that includes 100,000 requests per month. It offers full historical data for most cryptocurrencies.
Source: blog.rmotr.com

Social recommendations and mentions

Based on our record, NOWPayments should be more popular than CryptoCompare. It has been mentiond 67 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.

NOWPayments mentions (67)

  • Want to accept crypto for my business, how to handle it best?
    I looked at this for my business as well, I ended up using crypto.com which to date nobody has used and https://nowpayments.io/ which many people have used. Source: over 1 year ago
  • Looking where to buy some hoge?
    Https://nowpayments.io/ Have a store and want to accept crypto such as HOGE? NowPayments has you covered. Source: almost 2 years ago
  • NowPayments.io adding PLS soon means PLS payments on: Shopify, WooCommerce, Brick & Mortar POS Terminals, Donation Websites, Casinos, Fiat On Ramps and much more!
    It's looking like PowerCity's PixelPark is trying to beat Mintra to market as the first major NFT Marketplace soon on PulseChain as they have partnered with NowPayments.io to handle their payment processing:. Source: almost 2 years ago
  • FOSS PayPal/Stripe?
    This is as close to foss as I can get my payment processing right now. I love it but it obviously limits the purchaser pool…. Source: about 2 years ago
  • Launching a business website, Need to integrate Crypto payment options
    I have a buddy who uses https://nowpayments.io/ and likes it. Source: about 2 years ago
View more

CryptoCompare mentions (11)

  • I chose IOTEX.
    Oh but on twitter and cryptocompare.com I assure you we warned them LUNA boys but they never listened. Just like the HEX boys will get rugged by Richard Heart soon, they dont listen. Source: almost 3 years ago
  • World first BiiP implementation - Intro - Part 9
    Currently, on the 2 main indexing and tracking websites for blockchain projects (coinmarketcap.com and cryptocompare.com) there are over 19 thousand projects listed. Source: almost 3 years ago
  • How much would it cost to build or purchase a rig that makes about $10/day?
    On a budget, I a would maybe recommend a 3 rtx 3060ti gpu rig to start. That is the first rig I have every built. Some great sources to use is youtube guides on building a rtx 3060 ti rig and cryptocompare.com's hash rate calculator. Basically if you were to use hiveos and mine Eth, you would need around 183MH/s. The rig before Gpu's I built came to about $1,200. I paid about $2,500 to $3,000 on two LHR cards and... Source: about 3 years ago
  • Bitcoin Deposit
    Also, please note that Yield nodes uses cryptocompare.com for their rates. I found out after sending what I thought was enough to fund my nodes but it turned out to be less. Source: over 3 years ago
  • New and interested
    Curently, the prices of miners and gpus are skyrocketing, but it is still highly profitable to be doing this. Try cryptocompare.com 's mining calculator on exact values. Source: over 3 years ago
View more

What are some alternatives?

When comparing NOWPayments and CryptoCompare, you can also consider the following products

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

CoinMarketCap - Crypto-currency market capitalizations.

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

CoinGecko - CoinGecko is a free to use web-based and mobile application that provides financial market data for more than 2000 digital currencies.

Coinbase - Bitcoin, safe and easy.

Blockfolio - Blockfolio offers complete Bitcoin and Altcoin cryptocurrency management, with easy to use tools to keep track of all your crypto investments.