Software Alternatives, Accelerators & Startups

TokenTax VS NOWPayments

Compare TokenTax VS NOWPayments and see what are their differences

TokenTax logo TokenTax

Crypto taxes made easy. TurboTax for cryptocurrency.

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.
  • TokenTax Landing page
    Landing page //
    2023-05-07
  • 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.

NOWPayments

Platforms
WooCommerce Wordpress REST API
Release Date
2019 April

TokenTax videos

How TokenTax works! Crypto Taxes in 2020

More videos:

  • Review - Automating Crypto Taxes And Harvesting Losses With Zac McClure TokenTax
  • Review - TokenTax: Cryptocurrency Taxes Made Easy

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)

Category Popularity

0-100% (relative to TokenTax and NOWPayments)
Fintech
100 100%
0% 0
Cryptocurrencies
41 41%
59% 59
Crypto
100 100%
0% 0
Crypto Payments
0 0%
100% 100

Questions and Answers

As answered by people managing TokenTax and NOWPayments.

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 TokenTax and NOWPayments. 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 TokenTax and NOWPayments

TokenTax Reviews

14 Best Crypto Tax Software to Ease Your Calculation and Be Compliant
That being said, the interface is intuitive. You can integrate many exchanges with API keys. Besides, TokenTax also permits manual entry/CSV upload of transaction data.
Source: geekflare.com
15 Best Koinly Alternatives 2022
TokenTax is user-centered, and at every pricing tier, you get live chat support from its product experts, who are friendly, knowledgeable, and well-rounded.

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

Social recommendations and mentions

Based on our record, NOWPayments should be more popular than TokenTax. 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.

TokenTax mentions (23)

  • Anyone recommend decent transaction software for SmartBCH (US)?
    Have you checked out TokenTax? https://tokentax.co/. Source: over 2 years ago
  • Kucoin API & CSV records are missing transactions, tax authority requires complete tx record
    I hear https://tokentax.co/ has one of the better software based reconciliation programs. There are others but would be a good place to start. Source: over 2 years ago
  • Taxes
    I've heard good things about Token Tax but I haven't used them yet. You might want to check them out... https://tokentax.co/. Source: over 2 years ago
  • Tax software for tracking Celsius loans and locked collateral?
    You could try Taxbit.com, or tokentax.co. Not sure if they do what you need but just pointing out other services. Source: over 2 years ago
  • Online crypto tax tool compliant with NZ?
    I use https://zapper.fi alot and they are suggesting to use https://tokentax.co/ which I haven't tried yet. Source: over 2 years ago
View more

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: 7 months 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: 12 months 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: about 1 year 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 1 year ago
  • Launching a business website, Need to integrate Crypto payment options
    I have a buddy who uses https://nowpayments.io/ and likes it. Source: over 1 year ago
View more

What are some alternatives?

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

Koinly - Koinly is the easiest way to monitor your crypto activity & file your taxes.

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

CoinTracker - The most trusted cryptocurrency tax and portfolio manager

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

Blockpit - Keep track of your crypto portfolio & taxes in one place

Coinbase - Bitcoin, safe and easy.