Dominyka is a Copywriter at CoinGate. During her career as a copywriter, journalist, and communication specialist, she had the opportunity to handle a wide range of topics, from human rights to lifestyle articles, technology, and now crypto. She sees the importance of new technologies spread and a need for educational and usable content.

Vilius is a seasoned copywriter and bitcoin enthusiast specializing in blockchain and cryptocurrency topics. He's been with CoinGate since 2018, writing blogs, social media content, sales materials, newsletters, FAQs, and more. He's relentless in pursuing knowledge and a better understanding of the crypto industry, which helps him create meaningful and engaging content every day.

The official CoinGate blog for product news, how-to guides, statistics, crypto industry highlights, education, and more. Subscribe for weekly content ...

CoinGate - Your Gateway to Cryptocurrency Payments

A place to find info & news about CoinGate products, services, promotions, plans, ideas and thoughts.

CoinGate Blog

Keep up and get notified about crypto news.

Subscribe to our Newsletter

Subscribe now

These cookies are used to measure, understand, and report on your usage of the service.

First party analytics, third party analytics.

Looking for something more? Try Gift Cards

Cookies are small pieces of data stored on your computer or other devices when websites are loaded in a browser. They ensure a consistent and efficient experience for visitors and perform essential functions such as allowing users to register and remain logged in.

Cookie Policy

Try your luck by using different search parameters instead.

Sorry, but no results were found 😞

Save preferences

Strong partnerships

It’s the best way to effortlessly hear about our new offers and promotions for gift card deals and more!

Follow us on social media!

Buy, Sell or Accept Cryptocurrency with CoinGate

Sign Up and Get Started

These cookies are essential to a website in order to enable a user to move around and to use a websites features, such as remembering information entered on forms when a user moves between pages within a browser session.

Strictly necessary for service.

These cookies may be used to collect information about you when you visit our website and you with interest-based advertising or other targeted content. Third-party cookies are covered by the third parties privacy policy.

Third party advertising cookies.

CoinGate is a Lithuanian-based fintech company founded in 2014. The company offers cryptocurrency payment processing services, as well as trading options.

Start accepting Bitcoin and other cryptocurrency payments on your online or brick & mortar store. Get bank settlements in Euros weekly, or keep the coins.

Accept Dogecoin and 70+ more cryptocurrencies on your online store. Fiat payouts to bank account, customer refunds & more at crypto payment gateway CoinGate.

Accept Ethereum and 70+ more cryptocurrencies on your online store. Fiat payouts to bank account, customer refunds & more at crypto payment gateway CoinGate.

Accept Litecoin and 70+ more cryptocurrencies on your online store. Fiat payouts to bank account, customer refunds & more at crypto payment gateway CoinGate.

Accept Tether and 70+ more cryptocurrencies on your online store. Fiat payouts to bank account, customer refunds & more at crypto payment gateway CoinGate.

Accept TRON and 70+ more cryptocurrencies on your online store. Fiat payouts to bank account, customer refunds & more at crypto payment gateway CoinGate.

Accept XRP and 70+ more cryptocurrencies on your online store. Fiat payouts to bank account, customer refunds & more at crypto payment gateway CoinGate.

Due diligence information comprises the facts about a customer that enables us to assess the extent to which the customer exposes it to a range of risks.

Send cryptocurrency bills via email instantly | Set up subscription plans for your customers | Receive blockchain payments in BTC and 70+ cryptos recurringly.

Find guidelines for CoinGate brand assets and rules. This information is useful for journalists, bloggers, as well as current and potential business partners.

Accept payments or donations on your website with customizable payment buttons—one invoice for +50 crypto assets. Receive Euro settlements to a bank account.

Buy and sell any cryptocurrency, including Bitcoin, Ethereum, Cardano and other securely with CoinGate. Low fees, superior customer support and seamless KYC.

Buy Bitcoin, Ethereum, XRP or other cryptocurrencies with your bank account. A single SEPA transfer straight to your wallet | Sell cryptocurrency for fiat.

Use your VISA/Mastercard credit or debit card to buy Bitcoin, Ethereum, XRP, Nano, TRON, BitTorrent Token (BTT) and other cryptocurrencies safely and fast.

Use any debit or credit card to buy Ethereum (ETH) seamlessly through CoinGate. No registration and account needed. Low fees and fast payout

Spend your mobile balance to buy Bitcoin, Ethereum, XRP, Nano or other cryptocurrencies straight to a wallet | Sell crypto for Euros to a bank account.

UAB DECENTRALIZED (operating the CoinGate) - a private limited liability company, established and operating under the laws of the Republic of Lithuania.

Contact different CoinGate departments directly. Fill in the contact form, and our team members will reach out to you in 24 hours or faster.

Contact our compliance department if you have any issues with your verification process or similar inquiries. Fill out the contact form to get in touch.

Reach out to our marketing department to discuss communication and collaboration ideas. Describe your intentions in this form, and we’ll get back to you soon!

Get in touch with CoinGate sales department if you have questions about the product and integration of crypto payments. Fill out the contact form!

Sell Gift Cards on Coingate shop. Fill out the form to become a provider

Having a problem? Contact our support department, and we’ll solve your inquiries in 24 hours. Use this contact form to describe the issue.

Cookies are small text files that are stored by your browser on your device. We use them to make websites work in a better, more efficient way. Learn more.

Find where to spend Bitcoin online | Learn how to accept crypto payments | Buy bitcoins with SEPA transfer, credit card or mobile credit | Sell BTC for Euros.

Find where to spend Ethereum | Learn how to accept crypto payments | Buy ethers with SEPA transfer, credit card or mobile credit | Sell ETH for Euros.

Find where to spend Litecoin | Learn how to accept crypto payments | Buy litecoins with SEPA transfer, credit card or mobile credit | Sell LTC for Euros.

Find where to spend NANO | Learn how to accept crypto payments | Buy NANO with SEPA transfer, credit card or mobile credit | Sell NANO for Euros.

Find where to spend XRP | Learn how to accept crypto payments | Buy XRP with SEPA transfer, credit card or mobile credit | Sell XRP for Euros.

Try out how Coingate invoice works in the selection of our example shops.

Please read the document carefully. It shall become legally binding upon marking “ACCEPT TERMS AND CONDITIONS” checkbox and clicking “CREATE ACCOUNT” button.

Maximize your gift card sales with our B2B marketplace. List your company's gift cards and reach a wider audience of potential buyers. Join now and grow your business

Get the best deals on puchasing gift cards in bulk from top brands. Perfect for resale, corporate gifts, and more.

Buy gift cards with Bitcoin from more than 2000+ brands. Bitcoin, Litecoin, Ethereum, XRP & many more cryptocurrencies accepted | Instant Email delivery

Buy and receive ecommerce gift cards for Amazon, eBay & other websites that allow you to shop for anything. Pay with BTC, LTC & 10+ cryptos, use instantly.

Our wide selection of entertainment gift cards will cover all your needs!  Cinema, concerts, sport events and endless content - it's all here!

If you strive to be up-to-date with the latest video game releases, want to be a pro gamer, or looking for new games, check out our gaming gift cards category. 

Explore all the tastes in the world with CoinGate Restaurants gift cards. Celebrate, laugh, talk and make memories over a delicious plate of your favorite food.

Step up your sports game or even discover a new active hobby. Buy a Sports gift card for any active life enthusiast. From clothes and gear to home gym and more.

CoinGate travel gift cards will let you plan the whole holidays using only cryptocurrencies. Fly, rent a car, find bus tickets and stays with travel gift cards.

2000+ Gift Cards For Crypto | Amazon, eBay, iTunes, Microsoft, Starbucks eGifts And Vouchers | Buy With Bitcoin, Litecoin, Ether, XRP And +70 Crypto Assets.

Pay for Gift Cards with cryptocurrency like BTC, ETH, LTC, NANO, DOGE, TRX and others, get them delivered straight to you or your friend via email, instantly. Bitcoin & Litecoin Lightning Network supported.

CoinGate | Buy or sell Bitcoin, XRP, Nano and other cryptocurrencies for Euros | Accept crypto payments in +50 coins risk-free with settlements to fiat!

Integrate crypto payments using several CoinGate integration methods. API, Plugins, Button and billing solution - all allowing to collect crypto payments seamlessly. 

Bitcoin and Litecoin (micro) transactions are faster and cost less with Lightning Network. No need to set up any nodes! Sign up and get started right away.

Implement Your Crypto Asset on CoinGate Payment Gateway!

Please make sure that you fully understand all potential risks relating to Virtual Assets before taking advantage of CoinGate services.

CoinGate company announcements, news, featured press releases, as well as press kit and contacts for journalists and other media representatives.

Start accepting Bitcoin (BTC), Litecoin (LTC), Ether (ETH) and +70 other cryptocurrency payments on your OpenCart website with CoinGate bitcoin plugin.

Browse the vast selection of electronic gift cards for payment cards such as Mastercard, Visa and many more. Additionally buy mobile refill gift cards - Vodafone, T-Mobile, Orange, AT&T and many more. All gift cards are available to buy with cryptocurrencies only, instantly delivered by email.

Use plugins for WooCommerce, Magento, PrestaShop, OpenCart, WHMCS and other websites to accept payments in Bitcoin, XRP and +50 other crypto assets.

Use Point-of-Sale app for Android and iOS or web version to accept cryptocurrency payments anywhere. Get settlements to your bank in EUR or keep what you get.

Accept Bitcoin (BTC), Litecoin (LTC), Ether (ETH) and +70 other cryptocurrency payments on your PrestaShop site with CoinGate module. 

CoinGate charges a standard 1% fee for trader operations and 1% flat fee for merchant payment processing services. Additional services have different costs.

CoinGate follows the requirements of the European Union General Data Protection Regulation (GDPR) and other laws protecting information about you.

The number of customers that pay with bitcoin depends on how well you present it as an available payment option. Start with the Bitcoin logo on your website!

Introduce new users or businesses to CoinGate services and earn Euros, Bitcoins, USDT | Get 1% reward from each completed order | Sign up to start building passive income!

Accept payments in Bitcoin and 70+ other cryptocurrencies on your website by adding a new payment method to your store’s checkout through Shopware.

Wondering who accepts bitcoin? Visit CoinGate's Bitcoin merchant directory to find hundreds of online shops that accept payments in Bitcoin, and other crypto

Want to support Ukraine? Donate Crypto directly to the National Bank of Ukraine. CoinGate will process all payments with 0% fees.

Check whether a particular CoinGate service is available in your country at the moment. The list of supported countries might change over time.

Find information about what cryptocurrencies are available to use for different services such as accepting crypto payments, buying or selling crypto assets, and more.

Start accepting bitcoin, litecoin, ether & other crypto payments with an official WHMCS plugin powered by CoinGate. 

Accept payments in Bitcoin and 70+ other cryptocurrencies on your Wix website by adding a new payment method to your store’s checkout.

Accept Bitcoin (BTC), Litecoin (LTC), Ether (ETH) and +70 other cryptocurrency payments using an official WooCommerce (WordPress) plugin, powered by CoinGate

404 - CoinGate

About Us | Milestones And Achievements - CoinGate

Accept Bitcoin and other Cryptocurrency Payments | CoinGate

Accept Dogecoin (DOGE) payments | CoinGate

Accept Ethereum (ETH) payments | CoinGate

Accept Litecoin (LTC) payments | CoinGate

Accept Tether (USDT) payments | CoinGate

Accept TRON (TRX) payments | CoinGate

Accept XRP payments | CoinGate

AML/CTF Policy - CoinGate

Email Billing | Instant & Recurring Crypto Bill - CoinGate

Brand assets | Info For Media And Partners | News - CoinGate

Payment Buttons for Bitcoin, Nano, Ether, XRP & More - CoinGate

Buy and Sell Cryptocurrency Online | CoinGate

Buy Bitcoin & Other Crypto With Bank Account - CoinGate

Buy Bitcoin, Ethereum With Credit or Debit Card - CoinGate

Buy Ethereum (ETH) with Credit Card | CoinGate

Buy Bitcoin, Litecoin, XRP & More With Mobile - CoinGate

Career at CoinGate

Data Processing Agreement | AMC/CTF Policy - CoinGate

Contact Forms For All Departments - CoinGate

Become Gift Cards reseller

Compliance Department Contact Page - CoinGate

Press (Marketing) Department Contact Page - CoinGate

Sales Department Contact Page - CoinGate

Support Department Contact Page - CoinGate

Cookie Policy - CoinGate

Learn about Bitcoin cryptocurrency - CoinGate

Learn about Ethereum cryptocurrency - CoinGate

Learn about Litecoin cryptocurrency - CoinGate

Learn about NANO cryptocurrency - CoinGate

Learn about XRP cryptocurrency - CoinGate

Disclaimer for Purchasers - CoinGate

CoinGate example shops

Cryptocurrency Exchange rates in real time | CoinGate

Gift cards Terms and Conditions - CoinGate

List your GIft Card on Marketplace | CoinGate

Buy Gift Cards in Wholesale | CoinGate

Gift Cards for Bitcoin, Litecoin, XRP & More - CoinGate

Ecommerce gift cards | CoinGate


Entertainment gift cards | CoinGate

Gaming gift cards | CoinGate

Restaurants gift cards | CoinGate

Sports gift cards | CoinGate

Travel gift cards | CoinGate

Buy Gift Cards With Bitcoin & Other Cryptocurrencies - CoinGate

Checkout - CoinGate

Order details

Buy Gift Cards, pay with Bitcoin & other crypto currency

Top Bitcoin and other Crypto Payment Processor | CoinGate

Cryptocurrency integration methods |  CoinGate

Collect Bitcoin payments via Lightning Network - CoinGate

Terms and Conditions for Merchants - CoinGate

News & Media Info | Cryptocurrency Payment Gateway - CoinGate

Accept Crypto Payments with OpenCart bitcoin plugin | CoinGate

Crypto Payment Plugins for eCommerce Platforms - CoinGate

Point-of-Sale (PoS) App for Bitcoin & Other Coins - CoinGate

Accept Crypto Payments with PrestaShop Module | CoinGate

Pricing & Service Fees - CoinGate

Privacy Policy - CoinGate

Learn How To Promote Your Crypto Payment Method - CoinGate

Purchaser terms and conditions - CoinGate

Terms and Conditions of Referral Program - CoinGate

Earn Rewards in Euros, Bitcoins, USDT | CoinGate Referral Program - CoinGate

Risk Warning Disclaimer - CoinGate

Accept Bitcoin and other Crypto Payments With Shopware – CoinGate

200+ places that accept Bitcoin (BTC) payments

Support Ukraine | CoinGate

Supported Cryptocurrencies For Each Service - CoinGate

Supported Countries For Each Service - CoinGate 

Terms and Conditions - CoinGate

Terms and Conditions for Traders

Terms and Conditions for Merchants from the United States of America

Terms and Conditions for Traders from the United States of America

User terms and conditions - CoinGate

Accept Crypto Payments with WHMCS Plugin | CoinGate

Accept Bitcoin and other Crypto Payments With Wix – CoinGate

Accept Crypto Payments with WooCoommerce (WordPress) Plugin | CoinGate

<a href="https://sweepwidget.com/c/65145-0trvc82o">Join the Christmas giveaway of €1000!</a>

At CoinGate we offer you to buy over 40+ cryptocurrencies and here you can find a list of what these cryptos are and what makes them unique in their own way.

Top cryptocurrencies to buy at CoinGate: The ultimate guide

In the recent months, CoinGate has been working on a business restructuring model to make business operations more efficient and client-focused, which has an implication for the CoinGate gift card product. 



<figure class="wp-block-image size-large"><img loading="lazy" width="1024" height="530" src="https://wp-blog-assets.coingate.com/2023/01/5cd768fa-giftcard_separation_blog-1-1024x530.png" alt="" class="wp-image-6548" srcset="https://wp-blog-assets.coingate.com/2023/01/5cd768fa-giftcard_separation_blog-1-1024x530.png 1024w, https://wp-blog-assets.coingate.com/2023/01/5cd768fa-giftcard_separation_blog-1-300x155.png 300w, https://wp-blog-assets.coingate.com/2023/01/5cd768fa-giftcard_separation_blog-1-150x78.png 150w, https://wp-blog-assets.coingate.com/2023/01/5cd768fa-giftcard_separation_blog-1-768x397.png 768w, https://wp-blog-assets.coingate.com/2023/01/5cd768fa-giftcard_separation_blog-1-1536x794.png 1536w, https://wp-blog-assets.coingate.com/2023/01/5cd768fa-giftcard_separation_blog-1.png 1856w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



As of the 25h of January <a href="https://coingate.com/gift-cards" target="_blank" rel="noreferrer noopener">CoinGate Gift Cards sales and distribution platform</a> with all the economic and moral rights related to the business are transferred from UAB Decentralized entity to UAB Rewards distributed possession.&nbsp; UAB Rewards distributed undertake the operations of the CoinGate gift cards business and will continue to provide the best experience to customers willing to purchase gift cards. This change does not impact customers and the gift card store will continue operating as usual.



In case of questions please contact <a href="mailto:support@coingate.com">support@coingate.com</a>

In the recent months, CoinGate has been working on a business restructuring model to make business operations more efficient and client-focused, which has an implication for the CoinGate gift card product. As of the 25h of January CoinGate Gift Cards sales and distribution platform with all the economic and moral rights related to the business [&hellip;]

CoinGate gift cards will be operated by UAB Rewards distributed

As 2021 was a record year for the whole crypto world, we want to take a deeper look at major events which covered the year 2021 on a global cryptocurrencies market scale as well as in CoinGate.



<div class="wp-block-image"><figure class="aligncenter"><img loading="lazy" width="1024" height="512" src="https://wp-blog-assets.coingate.com/2022/01/92b00047-yearlyrecap_blog-1024x512.png" alt="2021 crypto review" class="wp-image-5063" srcset="https://wp-blog-assets.coingate.com/2022/01/92b00047-yearlyrecap_blog-1024x512.png 1024w, https://wp-blog-assets.coingate.com/2022/01/92b00047-yearlyrecap_blog-150x75.png 150w, https://wp-blog-assets.coingate.com/2022/01/92b00047-yearlyrecap_blog-300x150.png 300w, https://wp-blog-assets.coingate.com/2022/01/92b00047-yearlyrecap_blog-768x384.png 768w, https://wp-blog-assets.coingate.com/2022/01/92b00047-yearlyrecap_blog.png 1920w, https://wp-blog-assets.coingate.com/2022/01/92b00047-yearlyrecap_blog-1680x840.png 1680w, https://wp-blog-assets.coingate.com/2022/01/92b00047-yearlyrecap_blog-1240x620.png 1240w, https://wp-blog-assets.coingate.com/2022/01/92b00047-yearlyrecap_blog-860x430.png 860w, https://wp-blog-assets.coingate.com/2022/01/92b00047-yearlyrecap_blog-680x340.png 680w, https://wp-blog-assets.coingate.com/2022/01/92b00047-yearlyrecap_blog-500x250.png 500w, https://wp-blog-assets.coingate.com/2022/01/92b00047-yearlyrecap_blog-400x200.png 400w, https://wp-blog-assets.coingate.com/2022/01/92b00047-yearlyrecap_blog-200x100.png 200w, https://wp-blog-assets.coingate.com/2022/01/92b00047-yearlyrecap_blog-50x25.png 50w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure></div>



In this article you will find:



<ul><li style="font-weight: 400;" aria-level="1"><a style="color: #ff6600;" href="#2021-for-crypto-market">How did the year go for global crypto market (the growth of users, business crypto adoption, BTC and ETH 2021 major events)</a></li><li style="font-weight: 400;" aria-level="1"><a style="color: #ff6600;" href="#2021-for-CoinGate">How did the year go for CoinGate (increase in business accounts, total paid orders, most popular coins and other major events of 2021)</a></li></ul>



2021 was the year of massive crypto recognition and adoption. In the past 12 months, we saw a growth of crypto adoption in mainstream businesses and on personal use, new technological solutions, the public sector interest in blockchain technology use and we witnessed many all-time highs.



And don’t forget the regulators who finally recognized cryptocurrency as a financial product. But let’s start from the beginning.



<img loading="lazy" width="1024" height="1024" class="aligncenter size-large wp-image-5065" src="https://wp-blog-assets.coingate.com/2022/01/10fd8457-yearlyrecap2-1024x1024.png" alt="" srcset="https://wp-blog-assets.coingate.com/2022/01/10fd8457-yearlyrecap2-1024x1024.png 1024w, https://wp-blog-assets.coingate.com/2022/01/10fd8457-yearlyrecap2-150x150.png 150w, https://wp-blog-assets.coingate.com/2022/01/10fd8457-yearlyrecap2-300x300.png 300w, https://wp-blog-assets.coingate.com/2022/01/10fd8457-yearlyrecap2-768x768.png 768w, https://wp-blog-assets.coingate.com/2022/01/10fd8457-yearlyrecap2-860x860.png 860w, https://wp-blog-assets.coingate.com/2022/01/10fd8457-yearlyrecap2-680x680.png 680w, https://wp-blog-assets.coingate.com/2022/01/10fd8457-yearlyrecap2-500x500.png 500w, https://wp-blog-assets.coingate.com/2022/01/10fd8457-yearlyrecap2-400x400.png 400w, https://wp-blog-assets.coingate.com/2022/01/10fd8457-yearlyrecap2-200x200.png 200w, https://wp-blog-assets.coingate.com/2022/01/10fd8457-yearlyrecap2-50x50.png 50w, https://wp-blog-assets.coingate.com/2022/01/10fd8457-yearlyrecap2.png 1080w" sizes="(max-width: 1024px) 100vw, 1024px" />



<h2 id="2021-for-crypto-market">Total crypto market value increase</h2>



In 2021, the crypto market grew by 300% and <a style="color: #ff6600;" href="https://www.statista.com/statistics/730876/cryptocurrency-maket-value/">was worth </a>&nbsp;$2.1 trillion at the end of 2021, while at the start of the year, the market cap was around <a style="color: #ff6600;" href="https://www.coindesk.com/markets/2021/01/06/total-cryptocurrency-market-value-hits-record-1-trillion/">$700 billion</a>.



Another notable mention is that On November 8th, 2021 crypto market value reached <a style="color: #ff6600;" href="https://www.bloomberg.com/news/articles/2021-11-08/crypto-world-hits-3-trillion-market-cap-as-ether-bitcoin-gain">its all-time high</a> and was worth $3 trillion.



<h3>Over 300 million crypto users</h3>



In this record year, we call 2021, estimated calculations show that there are more than<a style="color: #ff6600;" href="https://triple-a.io/crypto-ownership/"> 300 million crypto users worldwide</a> and it represents about 3.9% of the whole world population.



<h3>Crypto adoption in business</h3>



More and more businesses began to accept crypto payments. They began to understand the need to accept crypto for their goods and services. The need partly came from those who want to use cryptocurrencies daily.



Now more than 18,000 businesses have started accepting cryptocurrency payments, and the international adoption of cryptocurrencies has increased by 880%.



Companies like Microsoft, Starbucks, Tesla, Overstock, Whole Foods, and many others already accept crypto payments. You can check where you can spend your cryptos by <a style="color: #ff6600;" href="https://coingate.com/stores">clicking here</a>.



<h3>Growth of a Bitcoin</h3>



How can you review the year without taking a look at the biggest cryptocurrency by the market cap? In 2021 BTC managed to grow by 60%.



Also, it was the year when El Salvador adopted BTC as a legal tender and approved the first BTC ETF in the U.S.



It is also worth mentioning that Bitcoin had the most significant upgrade since 2017. It was an important technological upgrade to the Bitcoin protocol<a style="color: #ff6600;" href="https://www.cnbc.com/2021/11/14/bitcoin-taproot-upgrade-what-it-means-for-investors.html"> known as Taproot</a>.



<h3>The year of Ethereum</h3>



Many call the year 2021 the year of the second-biggest cryptocurrency – Ethereum. Last year ETH managed to grow by 407%.



It launched the major upgrade, called London. It included Ethereum Improvement Proposal<a style="color: #ff6600;" href="https://medium.com/@eric.conner/fixing-the-ethereum-fee-market-eip-1559-9109f1c1814b"> (EIP) 1559</a>, which changed the way transaction fees, or “gas fees,” are estimated.&nbsp;



Also, with many upgrades during the year, Ethereum is almost prepared to move from proof-of-work to proof-of-stake model.



<h3>The year of regulations</h3>



With the growing attention to the crypto market, not only the private sector, but also the public sector became interested in blockchain technology, its use, and ways it can improve the current financial infrastructure.



Together came the regulators. They recognized cryptocurrency as a financial product and they began to regulate it through various provisions, restrictions, and documentation. This is a good sign to the whole market and this is a recognition that the crypto is not just for the dark web or supporting terrorists. It’s a legit financial product.



<h2 id="2021-for-CoinGate">How was the year for CoinGate? </h2>



<div class="wp-block-image"><figure class="aligncenter"><img loading="lazy" width="1024" height="1024" src="https://wp-blog-assets.coingate.com/2022/01/ceafe816-yearlyrecap3-1024x1024.png" alt="CoinGate review" class="wp-image-5064" srcset="https://wp-blog-assets.coingate.com/2022/01/ceafe816-yearlyrecap3-1024x1024.png 1024w, https://wp-blog-assets.coingate.com/2022/01/ceafe816-yearlyrecap3-150x150.png 150w, https://wp-blog-assets.coingate.com/2022/01/ceafe816-yearlyrecap3-300x300.png 300w, https://wp-blog-assets.coingate.com/2022/01/ceafe816-yearlyrecap3-768x768.png 768w, https://wp-blog-assets.coingate.com/2022/01/ceafe816-yearlyrecap3-860x860.png 860w, https://wp-blog-assets.coingate.com/2022/01/ceafe816-yearlyrecap3-680x680.png 680w, https://wp-blog-assets.coingate.com/2022/01/ceafe816-yearlyrecap3-500x500.png 500w, https://wp-blog-assets.coingate.com/2022/01/ceafe816-yearlyrecap3-400x400.png 400w, https://wp-blog-assets.coingate.com/2022/01/ceafe816-yearlyrecap3-200x200.png 200w, https://wp-blog-assets.coingate.com/2022/01/ceafe816-yearlyrecap3-50x50.png 50w, https://wp-blog-assets.coingate.com/2022/01/ceafe816-yearlyrecap3.png 1080w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure></div>







It is no surprise that it was also a record year for all of us in CoinGate. As our new CEO&nbsp; Justas Paulius says: “The more often you see topics about cryptocurrencies in the mainstream media, the better.”



<h3>Increase in created business accounts</h3>



CoinGate is a crypto powerhouse enabling 6000 merchants to <a href="https://coingate.com/accept">collect payments in crypto</a>. Our solutions for businesses are implemented either through <a style="color: #ff6600;" href="https://coingate.com/plugins">plugins</a> or through an <a style="color: #ff6600;" href="https://developer.coingate.com/">application programming interface</a>.



In the year 2021, we saw a 35% increase in created business accounts and we couldn’t be happier about it.&nbsp;



The largest number of customers were from the Netherlands, Spain, and the United Kingdom.



Also, in the previous years, the customer base consisted mainly of technology companies, such as those working with servers or website hosting, and last year we witnessed the growth of start-ups and commerce platforms that were willing to accept cryptocurrency payments.&nbsp;



CoinGate has been on the mission to foster Crypto adoption since 2014 by providing crypto payment gateway service, <a href="https://coingate.com/buy-and-sell">crypto trading</a>, and <a href="https://coingate.com/gift-cards">crypto shopping services</a>. Therefore, the more businesses join us, the closer we are to our goal.



<h3>An increase in total paid orders</h3>



In the previous 12 months, CoinGate witnessed a 58% increase in total paid orders. Meaning that the devoted client base of our merchants is more active and more willing to spend their cryptos.&nbsp;



Speaking of crypto payments, Bitcoin is still the most popular choice when it comes to shopping with crypto.&nbsp;



Three years ago, Bitcoin was the most popular choice among shoppers and covered 90% of total payments. In 2021 BTC covered 55.6% of all payments. Litecoin took second place with 14.7% of yearly turnover. Despite high gas fees, Ether was also a popular choice among our shoppers. Other popular choices included Tron, Dogecoin, Cardano, Polkadot, and USDT.



<h3>Increase in revenue and orders made with Lightning network</h3>



In 2021 we saw a huge increase in orders paid with the Lightning network. It was a +411% increase.



Another cause for celebration is a 100% increase in revenue with 81 million in turnover processed through our merchant orders.&nbsp;



<h3>Other major events that happened for CoinGate</h3>



All in all, the closing of the year 2021 was a success. We closed the year with a fully prepared anti-money laundering prevention, we are satisfied with our product and we more than doubled the number of our employees.&nbsp;



The product itself has been perfected, we have done everything we need to comply with regulations and laws, we have understood how financial products work (which was not the case in the beginning because crypto products were in the gray area of the law) and now we are ready for the next big step.&nbsp;



We see the <a href="https://coingate.com/blog/post/case-study-zenmarket-accepts-crypto">value we bring</a> for our current customers and we’re not afraid to show that the next step for every forward-looking company is to <a style="color: #ff6600;" href="https://coingate.com/accept">accept crypto payments</a>. And we’re the ones who can help them. 



What’s next?



CoinGate is full of surprises, so don’t forget to subscribe to our blog, follow us on <a style="color: #ff6600;" href="https://twitter.com/coingatecom">Twitter</a> and <a style="color: #ff6600;" href="https://www.linkedin.com/company/coingate/">LinkedIn </a>to get all the news possible! We promise it’s going to be worth it!

As 2021 was a record year for the whole crypto world, we want to take a deeper look at major events which covered the year 2021 on a global cryptocurrencies market scale as well as in CoinGate. In this article you will find: How did the year go for global crypto market (the growth of [&hellip;]

CoinGate gift cards will be operated by UAB Rewards distributed

Subscribe now

CoinGate Integrates Binance Pay Payment Option

Binance Smart Chain (BSC) & Polygon Payments Now Live

Amazing Christmas Gift Ideas: Best Gift Card Deals For Crypto

Subscribe to our Newsletter