Bolt compared to FTX

Bolt
Versus
FTX

Features

PSP Features of Bolt compared to FTX
BoltFeaturesFTX
San Fransisco, California, USAHQ BasedBahamas
Settlements
Bolt keeps a list of supported merchants on their websiteSupported Merchants
1.8% of transactionFee structure1% flat fee
Bank fees
CurrenciesBTC, USDT, ETH, BCH, LTC, SOL, LINK, YFI, SUSHI, UNI, BAT, WBTC, DOGE, DAI, MATIC, SHIB, TUSD, USDC, USDP, BUSD, HUSD
Payment MethodsBTC, USDT, ETH, BCH, LTC, SOL, LINK, YFI, SUSHI, UNI, BAT, WBTC, DOGE, DAI, MATIC, SHIB, TUSD, USDC, USDP, BUSD, HUSD
Yes, via Recurly or other recurring payment servicesRecurring Payments
Developer Friendly
Apple Pay Support
Point of Sale Support
Unsupported Paid Feature Supported Unknown

Descriptions


Bolt


Founded in the USA in 2014, Bolt was created to set a new standard for eCommerce.

The team at Bolt spent over 2 years before launching their first version of their Checkout product.

Bolt got serious VC traction starting around 2016, where they raised over $215M in VC Funding and growing their team significantly.

Bolt now has a ‘CheckoutOS’ which consists of products that include checkout, payment and fraud detection.

Customers of Bolt include Akira, Forever 21 and Solo Stove.


FTX


Founded in 2019, FTX grew to be one of the giants in the Crypto Exchange markets really fast. Co-Founder Sam Bankman-Fried, once a Jane Street Capital ETF trader, Founded FTX because there was a need for Cryptocurrency derivatives market.

FTX then grew further by making a number of acquisitions at high valuations, like Cryptocurrency Portfolio app Blockfolio for $150 million and the naming rights to the Miami Heat’s basketball stadium in 2021.

FTX is one of the biggest cryptocurrency derivatives exchanges world wide.