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.

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We have improved our site’s user experience and simplified the navigation when it comes to sorting and extracting the data on orders and withdrawals. Here you’ll learn everything there is to know about it. 

<a class="keychainify-checked" href="https://wp-blog-assets.coingate.com/2019/10/Dashboard-data1.png"><img loading="lazy" class="alignright wp-image-3698 size-full" src="https://wp-blog-assets.coingate.com/2019/10/Dashboard-data1.png" alt="export withdrawals and orders" width="1200" height="628" srcset="https://wp-blog-assets.coingate.com/2019/10/Dashboard-data1.png 1200w, https://wp-blog-assets.coingate.com/2019/10/Dashboard-data1-150x79.png 150w, https://wp-blog-assets.coingate.com/2019/10/Dashboard-data1-300x157.png 300w, https://wp-blog-assets.coingate.com/2019/10/Dashboard-data1-768x402.png 768w, https://wp-blog-assets.coingate.com/2019/10/Dashboard-data1-1024x536.png 1024w, https://wp-blog-assets.coingate.com/2019/10/Dashboard-data1-860x450.png 860w, https://wp-blog-assets.coingate.com/2019/10/Dashboard-data1-680x356.png 680w, https://wp-blog-assets.coingate.com/2019/10/Dashboard-data1-500x262.png 500w, https://wp-blog-assets.coingate.com/2019/10/Dashboard-data1-400x209.png 400w, https://wp-blog-assets.coingate.com/2019/10/Dashboard-data1-200x105.png 200w, https://wp-blog-assets.coingate.com/2019/10/Dashboard-data1-50x26.png 50w" sizes="(max-width: 1200px) 100vw, 1200px" /></a>
After we performed <a class="keychainify-checked" style="color: #000000;" href="https://coingate.com/blog/post/business-user-permissions" target="_blank" rel="noopener">a major update</a> in August, new features and improvements became available. As a result, some existing functions like data export also started to work slightly differently, which sparked some confusion amongst our customers. 
However, we kept working on it and made more adjustments that will smoothen out the process once again. 
So today, we will clarify and showcase how to filter, sort and extract the data on orders withdrawals into .csv file. Besides, there are other minor features that you might not be aware of, so we will go through them as well. 
<h2 style="text-align: justify;">Where do I find and sort the data on withdrawals?</h2>
To access the page, go to your dashboard, enter your business account, then go to the “Merchant” menu section and select the “Withdrawals” tab. 
<a class="keychainify-checked" href="https://wp-blog-assets.coingate.com/2019/10/1-merchant-withdrawals.png"><img loading="lazy" class="alignright size-full wp-image-3700" src="https://wp-blog-assets.coingate.com/2019/10/1-merchant-withdrawals.png" alt="merchant dashboard coingate" width="1891" height="629" srcset="https://wp-blog-assets.coingate.com/2019/10/1-merchant-withdrawals.png 1891w, https://wp-blog-assets.coingate.com/2019/10/1-merchant-withdrawals-150x50.png 150w, https://wp-blog-assets.coingate.com/2019/10/1-merchant-withdrawals-300x100.png 300w, https://wp-blog-assets.coingate.com/2019/10/1-merchant-withdrawals-768x255.png 768w, https://wp-blog-assets.coingate.com/2019/10/1-merchant-withdrawals-1024x341.png 1024w, https://wp-blog-assets.coingate.com/2019/10/1-merchant-withdrawals-1680x559.png 1680w, https://wp-blog-assets.coingate.com/2019/10/1-merchant-withdrawals-1240x412.png 1240w, https://wp-blog-assets.coingate.com/2019/10/1-merchant-withdrawals-860x286.png 860w, https://wp-blog-assets.coingate.com/2019/10/1-merchant-withdrawals-680x226.png 680w, https://wp-blog-assets.coingate.com/2019/10/1-merchant-withdrawals-500x166.png 500w, https://wp-blog-assets.coingate.com/2019/10/1-merchant-withdrawals-400x133.png 400w, https://wp-blog-assets.coingate.com/2019/10/1-merchant-withdrawals-200x67.png 200w, https://wp-blog-assets.coingate.com/2019/10/1-merchant-withdrawals-50x17.png 50w" sizes="(max-width: 1891px) 100vw, 1891px" /></a>
You will immediately see all the history of payouts, including their status, amounts, applied payout settings and the date of creation. 
At the top of the withdrawals list, you will notice two empty fields for sorting: one is for Withdrawal ID, and the other one is for Payout Setting. When filled in, click the “Apply filters” button to see the changes. 
You also have the option to sort the withdrawal orders by status and date, as shown in the example below. You can apply as many filters as you want. When ready, click the “Export as CSV” button in the right corner of the screen. The button will be visible only if you have at least one order, despite its status.
<a class="keychainify-checked" href="https://wp-blog-assets.coingate.com/2019/10/2-ir-2.1.png"><img loading="lazy" class="alignright size-full wp-image-3701" src="https://wp-blog-assets.coingate.com/2019/10/2-ir-2.1.png" alt="withdrawal status date" width="962" height="1000" srcset="https://wp-blog-assets.coingate.com/2019/10/2-ir-2.1.png 962w, https://wp-blog-assets.coingate.com/2019/10/2-ir-2.1-144x150.png 144w, https://wp-blog-assets.coingate.com/2019/10/2-ir-2.1-289x300.png 289w, https://wp-blog-assets.coingate.com/2019/10/2-ir-2.1-768x798.png 768w, https://wp-blog-assets.coingate.com/2019/10/2-ir-2.1-860x894.png 860w, https://wp-blog-assets.coingate.com/2019/10/2-ir-2.1-680x707.png 680w, https://wp-blog-assets.coingate.com/2019/10/2-ir-2.1-500x520.png 500w, https://wp-blog-assets.coingate.com/2019/10/2-ir-2.1-400x416.png 400w, https://wp-blog-assets.coingate.com/2019/10/2-ir-2.1-200x208.png 200w, https://wp-blog-assets.coingate.com/2019/10/2-ir-2.1-50x52.png 50w" sizes="(max-width: 962px) 100vw, 962px" /></a>
Note that you can only export 10,000 entries of data to .csv file at once. If you wish to export more, please select a different time period each time.
<h2 style="text-align: justify;">Filtering merchant orders</h2>
Merchant order filtering is a bit different. The dashboard includes more variables, such as integration type and title, price, pay amount and credit. Also, you can sort data by more filters: Merchant Order ID, address, Withdrawal ID, status, and created date. <a class="keychainify-checked" href="https://wp-blog-assets.coingate.com/2019/10/3-merchant-orders.png"><img loading="lazy" class="alignright size-full wp-image-3702" src="https://wp-blog-assets.coingate.com/2019/10/3-merchant-orders.png" alt="how to export merchant orders" width="1865" height="771" srcset="https://wp-blog-assets.coingate.com/2019/10/3-merchant-orders.png 1865w, https://wp-blog-assets.coingate.com/2019/10/3-merchant-orders-150x62.png 150w, https://wp-blog-assets.coingate.com/2019/10/3-merchant-orders-300x124.png 300w, https://wp-blog-assets.coingate.com/2019/10/3-merchant-orders-768x317.png 768w, https://wp-blog-assets.coingate.com/2019/10/3-merchant-orders-1024x423.png 1024w, https://wp-blog-assets.coingate.com/2019/10/3-merchant-orders-1680x695.png 1680w, https://wp-blog-assets.coingate.com/2019/10/3-merchant-orders-1240x513.png 1240w, https://wp-blog-assets.coingate.com/2019/10/3-merchant-orders-860x356.png 860w, https://wp-blog-assets.coingate.com/2019/10/3-merchant-orders-680x281.png 680w, https://wp-blog-assets.coingate.com/2019/10/3-merchant-orders-500x207.png 500w, https://wp-blog-assets.coingate.com/2019/10/3-merchant-orders-400x165.png 400w, https://wp-blog-assets.coingate.com/2019/10/3-merchant-orders-200x83.png 200w, https://wp-blog-assets.coingate.com/2019/10/3-merchant-orders-50x21.png 50w" sizes="(max-width: 1865px) 100vw, 1865px" /></a>
Merchant Order ID allows you to find a specific order. Filtering with address will sort out each order made from it. If you sort by Withdrawal ID, you will be presented with all orders that were included in a selected payout. 
You can use several different filters at once. If you wish to remove them and start over, just click the “Clear Filters” button.
While this is all quite straightforward, filtering by date and/or status is trickier. 
To filter orders by status, click the icon as shown in the example below. 
<a class="keychainify-checked" href="https://wp-blog-assets.coingate.com/2019/10/4.png"><img loading="lazy" class="alignright size-full wp-image-3703" src="https://wp-blog-assets.coingate.com/2019/10/4.png" alt="data export by status coingate" width="1573" height="749" srcset="https://wp-blog-assets.coingate.com/2019/10/4.png 1573w, https://wp-blog-assets.coingate.com/2019/10/4-150x71.png 150w, https://wp-blog-assets.coingate.com/2019/10/4-300x143.png 300w, https://wp-blog-assets.coingate.com/2019/10/4-768x366.png 768w, https://wp-blog-assets.coingate.com/2019/10/4-1024x488.png 1024w, https://wp-blog-assets.coingate.com/2019/10/4-1240x590.png 1240w, https://wp-blog-assets.coingate.com/2019/10/4-860x409.png 860w, https://wp-blog-assets.coingate.com/2019/10/4-680x324.png 680w, https://wp-blog-assets.coingate.com/2019/10/4-500x238.png 500w, https://wp-blog-assets.coingate.com/2019/10/4-400x190.png 400w, https://wp-blog-assets.coingate.com/2019/10/4-200x95.png 200w, https://wp-blog-assets.coingate.com/2019/10/4-50x24.png 50w" sizes="(max-width: 1573px) 100vw, 1573px" /></a>
Then, choose one or several options (Pending / Cancelled / Completed / Confirming / Invalid / Expired / Refunded) and click the “Ok” button. Once done, you will see all the orders filtered by your chosen criteria. 
To filter orders by date, click the icon as shown in the example below. It will allow you to choose a time period and, once selected, it will show you all the orders created during the time. Once again, the selected timeframe will contain no more than 10,000 entries.
<a class="keychainify-checked" href="https://wp-blog-assets.coingate.com/2019/10/5-merchant-orders-date.png"><img loading="lazy" class="alignright size-full wp-image-3704" src="https://wp-blog-assets.coingate.com/2019/10/5-merchant-orders-date.png" alt="filder data by date" width="1316" height="668" srcset="https://wp-blog-assets.coingate.com/2019/10/5-merchant-orders-date.png 1316w, https://wp-blog-assets.coingate.com/2019/10/5-merchant-orders-date-150x76.png 150w, https://wp-blog-assets.coingate.com/2019/10/5-merchant-orders-date-300x152.png 300w, https://wp-blog-assets.coingate.com/2019/10/5-merchant-orders-date-768x390.png 768w, https://wp-blog-assets.coingate.com/2019/10/5-merchant-orders-date-1024x520.png 1024w, https://wp-blog-assets.coingate.com/2019/10/5-merchant-orders-date-1240x629.png 1240w, https://wp-blog-assets.coingate.com/2019/10/5-merchant-orders-date-860x437.png 860w, https://wp-blog-assets.coingate.com/2019/10/5-merchant-orders-date-680x345.png 680w, https://wp-blog-assets.coingate.com/2019/10/5-merchant-orders-date-500x254.png 500w, https://wp-blog-assets.coingate.com/2019/10/5-merchant-orders-date-400x203.png 400w, https://wp-blog-assets.coingate.com/2019/10/5-merchant-orders-date-200x102.png 200w, https://wp-blog-assets.coingate.com/2019/10/5-merchant-orders-date-50x25.png 50w" sizes="(max-width: 1316px) 100vw, 1316px" /></a>
When all filters are set, click the “Export as CSV” button to get .csv file.
There’s one more thing. In the merchant orders’ window, you might’ve noticed a button that says “Requires attention”. When clicked, it will show all orders that were paid after the expiration time or were paid partially. Just don’t forget to click “Apply filter” after.
<a class="keychainify-checked" href="https://wp-blog-assets.coingate.com/2019/10/6-requires-attention.png"><img loading="lazy" class="size-full wp-image-3705 aligncenter" src="https://wp-blog-assets.coingate.com/2019/10/6-requires-attention.png" alt="partially paid orders" width="779" height="286" srcset="https://wp-blog-assets.coingate.com/2019/10/6-requires-attention.png 779w, https://wp-blog-assets.coingate.com/2019/10/6-requires-attention-150x55.png 150w, https://wp-blog-assets.coingate.com/2019/10/6-requires-attention-300x110.png 300w, https://wp-blog-assets.coingate.com/2019/10/6-requires-attention-768x282.png 768w, https://wp-blog-assets.coingate.com/2019/10/6-requires-attention-680x250.png 680w, https://wp-blog-assets.coingate.com/2019/10/6-requires-attention-500x184.png 500w, https://wp-blog-assets.coingate.com/2019/10/6-requires-attention-400x147.png 400w, https://wp-blog-assets.coingate.com/2019/10/6-requires-attention-200x73.png 200w, https://wp-blog-assets.coingate.com/2019/10/6-requires-attention-50x18.png 50w" sizes="(max-width: 779px) 100vw, 779px" /></a>
Such payments can be accepted manually (marked as paid) by clicking the “Details” button on a selected order. Otherwise, you can inform the customer to request for a refund on the invoice link.
<a class="keychainify-checked" href="https://wp-blog-assets.coingate.com/2019/10/7.png"><img loading="lazy" class="alignright size-full wp-image-3706" src="https://wp-blog-assets.coingate.com/2019/10/7.png" alt="accept partial payments " width="1645" height="780" srcset="https://wp-blog-assets.coingate.com/2019/10/7.png 1645w, https://wp-blog-assets.coingate.com/2019/10/7-150x71.png 150w, https://wp-blog-assets.coingate.com/2019/10/7-300x142.png 300w, https://wp-blog-assets.coingate.com/2019/10/7-768x364.png 768w, https://wp-blog-assets.coingate.com/2019/10/7-1024x486.png 1024w, https://wp-blog-assets.coingate.com/2019/10/7-1240x588.png 1240w, https://wp-blog-assets.coingate.com/2019/10/7-860x408.png 860w, https://wp-blog-assets.coingate.com/2019/10/7-680x322.png 680w, https://wp-blog-assets.coingate.com/2019/10/7-500x237.png 500w, https://wp-blog-assets.coingate.com/2019/10/7-400x190.png 400w, https://wp-blog-assets.coingate.com/2019/10/7-200x95.png 200w, https://wp-blog-assets.coingate.com/2019/10/7-50x24.png 50w" sizes="(max-width: 1645px) 100vw, 1645px" /></a>
<h3 style="text-align: justify;">Any questions?</h3>
If you didn’t find the answers you were looking for in this article, try checking our <a class="keychainify-checked" style="color: #ff6600;" href="https://support.coingate.com/hc/en-us" target="_blank" rel="noopener">knowledge base</a>. Otherwise, shoot us a message at <a class="keychainify-checked" style="color: #000000;" href="mailto:support@coingate.com">support@coingate.com</a>, and we will help you out with whatever issues you have.

We have improved our site’s user experience and simplified the navigation of sorting and extracting the data on orders and withdrawals.

How to extract the data on merchant’s orders and withdrawals

Spoiler alert – there is no right answer. Although, some may argue that it could be Bitcoin solely because, at the moment, it is boasting of 67.7% dominance in the global crypto market. 
<a class="keychainify-checked" href="https://wp-blog-assets.coingate.com/2019/09/which-crypto-is-best-main.png"><img loading="lazy" class="alignright size-full wp-image-3672" src="https://wp-blog-assets.coingate.com/2019/09/which-crypto-is-best-main.png" alt="best crypto btc" width="1200" height="628" srcset="https://wp-blog-assets.coingate.com/2019/09/which-crypto-is-best-main.png 1200w, https://wp-blog-assets.coingate.com/2019/09/which-crypto-is-best-main-150x79.png 150w, https://wp-blog-assets.coingate.com/2019/09/which-crypto-is-best-main-300x157.png 300w, https://wp-blog-assets.coingate.com/2019/09/which-crypto-is-best-main-768x402.png 768w, https://wp-blog-assets.coingate.com/2019/09/which-crypto-is-best-main-1024x536.png 1024w, https://wp-blog-assets.coingate.com/2019/09/which-crypto-is-best-main-860x450.png 860w, https://wp-blog-assets.coingate.com/2019/09/which-crypto-is-best-main-680x356.png 680w, https://wp-blog-assets.coingate.com/2019/09/which-crypto-is-best-main-500x262.png 500w, https://wp-blog-assets.coingate.com/2019/09/which-crypto-is-best-main-400x209.png 400w, https://wp-blog-assets.coingate.com/2019/09/which-crypto-is-best-main-200x105.png 200w, https://wp-blog-assets.coingate.com/2019/09/which-crypto-is-best-main-50x26.png 50w" sizes="(max-width: 1200px) 100vw, 1200px" /></a>
Bitcoin is likely to retain this top position for quite some time. However, market dominance is not the best or the only indicator we should rely on when evaluating other blockchain projects. 
Even though Bitcoin is dominating the market by a huge margin, it shouldn’t suggest that all of 2928 cryptocurrencies listed on CoinMarketCap are somehow worse, or don’t have anything more to offer than Bitcoin. 
In fact, some digital assets that came into existence after Bitcoin function in a very different way and show huge potential in uses cases that the leader of them all cannot always serve as well. And, even though many believe there’s a never-ending rivalry between all cryptocurrencies, that is not always the case. 
So, this time, we will explore the very top of that list mentioned earlier and see what other digital assets than Bitcoin show the most promise, explain how they can co-exist with its ideological predecessor, and why it is a good idea to keep an eye on them.
<h2 style="text-align: justify;">Litecoin, a cousin of Bitcoin</h2>
Litecoin’s blockchain went online a few years after Bitcoin, on October 13, 2011. Created by a computer scientist Charlie Lee, Litecoin strongly resembled Bitcoin in many ways and is often considered to be a lighter version of Bitcoin or the silver of cryptocurrencies. 
<a class="keychainify-checked" href="https://wp-blog-assets.coingate.com/2019/09/Litecoin-best-crypto.png"><img loading="lazy" class="alignright size-full wp-image-3673" src="https://wp-blog-assets.coingate.com/2019/09/Litecoin-best-crypto.png" alt="bitcoin vs litecoin" width="1200" height="628" srcset="https://wp-blog-assets.coingate.com/2019/09/Litecoin-best-crypto.png 1200w, https://wp-blog-assets.coingate.com/2019/09/Litecoin-best-crypto-150x79.png 150w, https://wp-blog-assets.coingate.com/2019/09/Litecoin-best-crypto-300x157.png 300w, https://wp-blog-assets.coingate.com/2019/09/Litecoin-best-crypto-768x402.png 768w, https://wp-blog-assets.coingate.com/2019/09/Litecoin-best-crypto-1024x536.png 1024w, https://wp-blog-assets.coingate.com/2019/09/Litecoin-best-crypto-860x450.png 860w, https://wp-blog-assets.coingate.com/2019/09/Litecoin-best-crypto-680x356.png 680w, https://wp-blog-assets.coingate.com/2019/09/Litecoin-best-crypto-500x262.png 500w, https://wp-blog-assets.coingate.com/2019/09/Litecoin-best-crypto-400x209.png 400w, https://wp-blog-assets.coingate.com/2019/09/Litecoin-best-crypto-200x105.png 200w, https://wp-blog-assets.coingate.com/2019/09/Litecoin-best-crypto-50x26.png 50w" sizes="(max-width: 1200px) 100vw, 1200px" /></a>
In general, Bitcoin and Litecoin have very strong similarities. Both use Proof-of-Work mining protocol, both have a fixed supply of coins, and both distribute mining rewards in a similar fashion. However, the two most popular cryptocurrencies to date are bound to have some differences.
And there are. For example, Bitcoin uses SHA-256 algorithm for block hashing, which heavily relies on computing power, whereas Litecoin takes advantage of what is called “Scrypt mining” algorithm which does not rely that much on processing power as it does on the memory. As a result, mining Litecoin is considered easier.
Which leads to the second difference – Litecoin’s transaction fees are lower than Bitcoin’s. Currently, the average transaction cost revolves around 0.00053 LTC, or $0.073, compared to Bitcoin’s approximate $0.30. 
<a class="keychainify-checked" style="color: #ff6600;" href="https://coingate.com/blog/post/litecoin-payments-currency" target="_blank" rel="noopener">Learn how Litecoin performs as a currency for payments</a>
Lastly, Litecoin is faster – it takes around 2.5 minutes to mine a block of transactions, where the Bitcoin network takes at least 10 minutes to perform the same task. 
Other than this, Litecoin is almost identical to Bitcoin. As a result, both are being used for the same purpose – either as a means of exchange, or a store of value. 
<h2 style="text-align: justify;">XRP, a very different beast</h2>
If Bitcoin and Litecoin share some key similarities, XRP is an entirely different thing. Created by a company named Ripple Labs in 2012, XRP is a native token run on open-source Ripple protocol consensus algorithm (RPCA), which works very differently than proof-of-work blockchains.
<a class="keychainify-checked" href="https://wp-blog-assets.coingate.com/2019/09/XRP-best-crypto.png"><img loading="lazy" class="alignright size-full wp-image-3674" src="https://wp-blog-assets.coingate.com/2019/09/XRP-best-crypto.png" alt="xrp vs bitcoin " width="1200" height="628" srcset="https://wp-blog-assets.coingate.com/2019/09/XRP-best-crypto.png 1200w, https://wp-blog-assets.coingate.com/2019/09/XRP-best-crypto-150x79.png 150w, https://wp-blog-assets.coingate.com/2019/09/XRP-best-crypto-300x157.png 300w, https://wp-blog-assets.coingate.com/2019/09/XRP-best-crypto-768x402.png 768w, https://wp-blog-assets.coingate.com/2019/09/XRP-best-crypto-1024x536.png 1024w, https://wp-blog-assets.coingate.com/2019/09/XRP-best-crypto-860x450.png 860w, https://wp-blog-assets.coingate.com/2019/09/XRP-best-crypto-680x356.png 680w, https://wp-blog-assets.coingate.com/2019/09/XRP-best-crypto-500x262.png 500w, https://wp-blog-assets.coingate.com/2019/09/XRP-best-crypto-400x209.png 400w, https://wp-blog-assets.coingate.com/2019/09/XRP-best-crypto-200x105.png 200w, https://wp-blog-assets.coingate.com/2019/09/XRP-best-crypto-50x26.png 50w" sizes="(max-width: 1200px) 100vw, 1200px" /></a>
First of all, all XRP coins (100 million of them) are pre-mined, meaning that XRP does not rely on huge amounts of electricity like Bitcoin to validate transactions. Instead, XRP records are maintained on a common shared ledger, which is a distributed database that stores information about all accounts. The network itself is managed by numerous independent validating servers that always compare transaction records between themselves.
As long as all the nodes are in agreement, the transactions are good to go. And, because there is no mining involved, it results in extremely fast transactions that cost just a fraction of a penny. To be exact, a payment in XRP would take 4 seconds to execute and cost only $0.00001. In fact, the transactions could theoretically cost nothing, but the minimum limit is set to prevent DDoS attacks. 
Pre-mined coins also mean that the XRP distribution is different. Most of XRP are kept in a company’s escrow account, whereas each month around 1 billion tokens are programmed to be released by an in-built smart contract. If there’s a portion of XRP unused during a particular month, that portion will be sent back to the escrow account, which ensures there is no oversupply of XRP at any time. 
Obviously, XRP is very different from Bitcoin, and as such, it has different use cases. XRP is used as a mediator for lowering commission of currency exchange and executing fast international transactions. Even though the ledger is mainly built for enterprise use and is utilized by banks and payment networks as settlement and remittance infrastructure technology (just like SWIFT), it is also designed to be used as a day-to-day payment network. 
<h2 style="text-align: justify;">A fully programmable Ethererum</h2>
In November 2013, Vitalik Buterin published the Ethereum whitepaper and introduced new cryptocurrency called Ether. Unlike Bitcoin, Ethereum blockchain is dedicated to running the programming code of any decentralized application. 
<a class="keychainify-checked" href="https://wp-blog-assets.coingate.com/2019/09/Ether-best-crypto.png"><img loading="lazy" class="alignright size-full wp-image-3675" src="https://wp-blog-assets.coingate.com/2019/09/Ether-best-crypto.png" alt="ether vs bitcoin " width="1200" height="628" srcset="https://wp-blog-assets.coingate.com/2019/09/Ether-best-crypto.png 1200w, https://wp-blog-assets.coingate.com/2019/09/Ether-best-crypto-150x79.png 150w, https://wp-blog-assets.coingate.com/2019/09/Ether-best-crypto-300x157.png 300w, https://wp-blog-assets.coingate.com/2019/09/Ether-best-crypto-768x402.png 768w, https://wp-blog-assets.coingate.com/2019/09/Ether-best-crypto-1024x536.png 1024w, https://wp-blog-assets.coingate.com/2019/09/Ether-best-crypto-860x450.png 860w, https://wp-blog-assets.coingate.com/2019/09/Ether-best-crypto-680x356.png 680w, https://wp-blog-assets.coingate.com/2019/09/Ether-best-crypto-500x262.png 500w, https://wp-blog-assets.coingate.com/2019/09/Ether-best-crypto-400x209.png 400w, https://wp-blog-assets.coingate.com/2019/09/Ether-best-crypto-200x105.png 200w, https://wp-blog-assets.coingate.com/2019/09/Ether-best-crypto-50x26.png 50w" sizes="(max-width: 1200px) 100vw, 1200px" /></a>
It takes advantage of smart contracts, which are basically codes that automatically execute predetermined functions when specific conditions are met. Smart contracts can facilitate the exchange of anything of value, such as money, property, content, shares, and so on. 
As a result, the Ethereum network allows using virtually any programming language to create decentralized applications (Dapps) and decentralized autonomous organizations (DAO), which operate autonomously and without any involvement of 3rd parties. Moreover, it provides all means to create, program and use your own tokens.
So, how does Ether fit in all of this? Well, it is mostly used for executing smart contracts as they always require “gas” to pay the fee. Ether is also used for covering transactions costs and paying for services provided on the network. 
<a class="keychainify-checked" style="color: #ff6600;" href="https://coingate.com/blog/post/ether-payments-stats" target="_blank" rel="noopener">How is Ether being used as currency for payments?</a>
Speaking of costs, you’ll pay around 0.12$ to make a transaction that will be confirmed on the blockchain within 20 seconds, meaning that Ethereum is currently one of the faster proof-of-work blockchains in the market.
While Bitcoin is quite limited to just being peer-to-peer network, Ethereum allows building virtually anything you can possibly imagine, which makes Ethereum blockchain exceptionally flexible. 
<h3 style="text-align: justify;">What do all these currencies have in common? </h3>
Despite having different purposes and use cases, these cryptocurrencies have one thing in common – all of them can be used to pay for goods and services online, whether you want to <a class="keychainify-checked" style="color: #000000;" href="https://coingate.com/blog/post/buy-video-games-bitcoin-altcoins" target="_blank" rel="noopener">buy a new video game</a>, <a class="keychainify-checked" style="color: #ff6600;" href="https://coingate.com/blog/post/travel-sites-accept-bitcoin-altcoins" target="_blank" rel="noopener">take a flight</a> to abroad country, <a class="keychainify-checked" style="color: #ff6600;" href="https://coingate.com/blog/post/buy-vpn-bitcoin-altcoins" target="_blank" rel="noopener">protect your privacy with VPN</a>, <a class="keychainify-checked" style="color: #000000;" href="https://coingate.com/blog/post/web-hosting-accept-bitcoin-crypto" target="_blank" rel="noopener">host your website</a>, or else.
It’s not only because cryptocurrencies are slowly crawling towards mass adoption. In fact, paying with digital assets pose many benefits over conventional payment methods. 
Not only do you often get better deals when paying with cryptocurrency, you also get more privacy, faster and cheaper transactions (if making a cross-border payment) and, in some cases, accessibility to services and merchandise that would otherwise be off-limits if paying with bank transfer or credit card. 
<h3 style="text-align: justify;">So, where can I buy these digital assets?</h3>
You can do it right here at CoinGate. Moreover, you have plenty of different payment options to choose from. <a class="keychainify-checked" style="color: #000000;" href="https://coingate.com/blog/post/how-to-buy-bitcoin-litecoin-xrp-on-coingate" target="_blank" rel="noopener">Learn all the ways you can buy cryptocurrencies at CoinGate</a> and choose a method that suits you best. 
Already experienced trader? <a class="keychainify-checked" style="color: #ff6600;" href="https://coingate.com/blog/post/referral-affiliate-program" target="_blank" rel="noopener">Take advantage of our referral program</a> and earn a commission with each active trader you bring to CoinGate!

Spoiler alert – there is no right answer. Although, some may argue that it could be Bitcoin solely because, at the moment, it is boasting of 70% dominance in the global crypto market.

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