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Coingate is a cryptocurrency payment platform that enables businesses and merchants to accept payments in Bitcoin and other popular cryptocurrencies. Founded in 2014, Coingate is based in Lithuania and has rapidly gained popularity by offering convenient and secure payment solutions for cryptocurrency transactions.
The Coingate platform offers several services, including an online payment processing system, integration plugins for popular e-commerce platforms like WooCommerce and Magento, as well as a mobile application for payments on the go.
Coingate facilitates the conversion of cryptocurrencies into fiat currency, allowing merchants to receive their payments in euros, US dollars, or other traditional currencies. This helps address the issue of cryptocurrency volatility, as payments are instantly converted into fiat currency to avoid price fluctuations.
Additionally, Coingate also offers cryptocurrency wallet services, allowing users to securely store and manage their digital assets.
Coingate has partnered with numerous merchants and service providers worldwide to facilitate the adoption of cryptocurrency payments. With its user-friendly interface, enhanced security, and convenient features, Coingate plays a significant role in promoting the use of cryptocurrencies as a means of payment in online and offline retail.