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FTX compared to Coingate

FTX
Versus
Coingate

Features

PSP Features of FTX compared to Coingate
FTXFeaturesCoingate
BahamasHQ BasedLithuania
Settlements
Supported Merchants
1% flat feeFee structure
Bank fees
BTC, USDT, ETH, BCH, LTC, SOL, LINK, YFI, SUSHI, UNI, BAT, WBTC, DOGE, DAI, MATIC, SHIB, TUSD, USDC, USDP, BUSD, HUSDCurrenciesBitcoin, Ethereum, Litecoin, Tron, Ripple, Cardano and many other ERC20 tokens
BTC, USDT, ETH, BCH, LTC, SOL, LINK, YFI, SUSHI, UNI, BAT, WBTC, DOGE, DAI, MATIC, SHIB, TUSD, USDC, USDP, BUSD, HUSDPayment Methods
Recurring Payments
Developer Friendly
Apple Pay Support
Point of Sale Support
Unsupported Paid Feature Supported Unknown

Descriptions

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.

Coingate

Founded in 2014 under the name ‘Virtualios Valiutos’, Coingate spent a year building their product before going live in 2015.

By 2018 Coingate also offers Ethereum and Litecoin payments.

In 2019 the company changed their name one last time before turning into Coingate to ‘Decentralized’.

Comparisons