For a closer look at the topic, consider cryptocurrency payment processors for gambling operators alongside the options and criteria discussed below.
Online gambling operators face a persistent challenge: moving player funds quickly, securely, and across borders without getting caught in the friction of traditional banking rails. Cryptocurrency payment processors solve that problem by offering near-instant deposits, transparent withdrawals, and settlement options that fiat gateways simply cannot match. For iGaming businesses choosing between providers like CoinsPaid and NOWPayments, the decision comes down to integration complexity, supported assets, fee structure, and how well each platform handles the specific demands of casino and sportsbook operations.
Selecting the right cryptocurrency payment processors for gambling operators requires understanding what each processor brings to the table. Both CoinsPaid and NOWPayments serve the iGaming vertical, but they approach the market from different angles — one built as an enterprise-grade solution with deep casino integrations, the other designed as a flexible gateway supporting hundreds of digital assets with minimal setup time.
NOWPayments: Feature Overview for iGaming
NOWPayments operates as a crypto payment gateway with dedicated products for casinos and sportsbooks. The platform supports 350+ cryptocurrencies across 50+ blockchain networks, making it one of the widest-coverage options available to gambling operators. Its API is structured around four core products: the crypto gateway, mass payouts, auto-conversion, and fiat on-ramp functionality — all accessible through a single integration point.
Deposit Processing and Autoconversion
The deposit flow works through a straightforward API call. Players select their preferred cryptocurrency, the system generates a payment address, and funds arrive within seconds to ten minutes depending on network conditions. Autoconversion allows operators to accept any cryptocurrency while routing value into stablecoins or the asset they prefer to hold, reducing exposure to market volatility. The platform supports 35+ stablecoins including USDT, USDC, DAI, and EURT.
Fixed-rate locking is another practical feature. When a player initiates a transaction, the exchange rate locks for a short window, protecting both sides from price swings during confirmation. This matters significantly for high-volume casinos where large bets could otherwise shift value mid-processing.
Mass Payouts and Withdrawals
Withdrawals represent one of the strongest areas for NOWPayments in the gambling context. The mass payouts API lets operators send funds to multiple player wallets in a single call. Average processing speed sits between one and three minutes, which is competitive among crypto-focused processors. The platform also offers manual withdrawal management through its dashboard, role-based team access, and four-eye approval workflows for batch disbursements.
Permanent wallet addresses give returning players consistent deposit addresses per cryptocurrency, simplifying account reconciliation and reducing support tickets for address changes.
Fees and Settlement
Service fees start at 1% and can be reduced to as low as 0.3% through volume-based discount tiers or custom offers. Operators can choose whether to absorb the fee or pass it to users. Fiat settlement is available through conversion pathways, though this requires KYC verification on the receiving end.
CoinsPaid: Feature Overview for iGaming
CoinsPaid has positioned itself specifically for high-volume transaction industries, with iGaming as its primary focus. The platform processes millions in daily volume and serves over 500 online casino clients. It holds an Estonian Virtual Asset Service Provider license and has won multiple industry awards including the EGR B2B Award for Cryptocurrency Services Supplier.
Casino-First Architecture
What distinguishes CoinsPaid is its pre-built connectors to major iGaming platforms like SoftSwiss and Slotegrator. Operators using these aggregator systems can integrate crypto payments without building custom middleware. The gateway handles both deposits and withdrawals through a single API, converting crypto to fiat when needed and settling in EUR or USD through bank channels or an OTC desk for larger conversions.
The platform supports 18 cryptocurrencies, focusing on established assets rather than chasing the widest possible coin count. This narrower selection simplifies treasury management and reduces operational overhead for finance teams.
High-Volume Processing
CoinsPaid is engineered for environments where thousands of micro-transactions occur hourly. The infrastructure handles large transaction volumes without processing delays, and the automated API tools reduce manual work for both deposits and payout batches. The OTC desk provides premium execution for operators needing to convert significant amounts without slippage.
Fees and Licensing
Fee structures are volume-dependent and typically lower than standard e-commerce crypto processors because CoinsPaid targets high-frequency operators who move substantial amounts monthly. The company operates through non-EU entities in Delaware and Canada for merchant acquisition, while maintaining its EU licensing through Estonia. A CASP application remains under review by the Estonian Financial Supervision and Resolution Authority.
Comparison: NOWPayments vs CoinsPaid
The table below outlines the key operational differences between the two processors for gambling operators evaluating options.
| Feature | NOWPayments | CoinsPaid |
|---|---|---|
| Supported Cryptocurrencies | 350+ across 50+ networks | 18 assets |
| Starting Fee | 1% (reducible to 0.3%) | Volume-based, lower for high throughput |
| Fiat Settlement | Available via conversion (KYC required) | Available via bank/OTC desk |
| Mass Payouts Speed | 1 – 3 minutes | Batch processing with API automation |
| Platform Integrations | Generic API, store plugins | SoftSwiss, Slotegrator connectors |
| Minimum Monthly Volume | No stated minimum | ~$100k in crypto deposits |
| Licensing | Global | VASP (Estonia), CASP pending |
| Fixed-Rate Locking | Yes | Information insufficient |
Which Processor Fits Your Operation
NOWPayments suits operators who want rapid onboarding, broad asset coverage, and a self-service integration path. The platform works well for new casinos, smaller operators, or brands that serve global markets with diverse player preferences around token types and blockchains. The ability to accept 350+ cryptocurrencies means players never encounter a deposit option they cannot use.
CoinsPaid fits established operators processing significant volume who need deep platform integrations and fiat settlement pipelines. If your casino already runs on SoftSwiss or Slotegrator, the pre-built connector saves development time. The OTC desk becomes valuable when handling large weekly conversions that would expose your treasury to market risk if done manually.
Both processors eliminate chargebacks — a persistent problem with card-based gambling payments — and both offer APIs suitable for developers. The choice ultimately depends on whether your priority is breadth of assets and ease of setup or casino-specific infrastructure and fiat conversion depth.