Is CoinGate Legit? How to Check Us Yourself

Is CoinGate legit? If you are asking, you are probably in one of two places. You are about to open a business account with us, or you are looking at a CoinGate invoice on someone else’s website and wondering who you are about to pay.

Both are fair questions, and a company saying “yes, we are” proves nothing. So here is the short answer, followed by how to check it yourself using sources we do not control.

The short answer: yes. CoinGate is run by UAB Decentralized, a company incorporated in Lithuania. The Bank of Lithuania has authorised it as a crypto-asset service provider under MiCA (authorisation LB002323) and licensed it as a payment institution (LB002324). We have processed payments since 2014, over 7 million of them.

Checked us out and ready to take crypto payments? Open a CoinGate account.

Check our licence on the EU register

Any crypto company can put the word “licensed” on its homepage. The register is where the claim gets tested, and it is kept by the regulator, not by us.

1. Open ESMA’s Interim MiCA Register. ESMA is the EU’s securities and markets authority.
2. Download the list of crypto-asset service providers.
3. Search it for UAB Decentralized.

You will find our entry under the commercial name Coingate, authorised by the Bank of Lithuania on 16 December 2025. It lists four services: custody of crypto-assets for clients, exchanging crypto-assets for money, exchanging them for other crypto-assets, and transferring them on clients’ behalf. Those four are what a crypto payment provider needs to do its job.

For the authorisation numbers, open the Bank of Lithuania’s own page for UAB Decentralized. It lists both numbers, LB002323 and LB002324, and gives coingate.com as our website. We also show them in the footer of coingate.com, and we wrote about getting the licence when it came through. Use the two registers, though. They are the sources here that we cannot edit.

If you are paying a CoinGate invoice

Most people who search for us are not our customers yet. They are someone else’s, standing in front of an invoice with our name on it.

Who gets your money. The business you are buying from uses CoinGate to process its crypto payments. You pay on our payment page, and the business receives the payment. We do not sell the product you are buying.

What we check, and what we cannot. Every business goes through onboarding before it can take payments through us, so we know who it is, who owns it and what it says it sells. We cannot vouch for every product or every delivery. If a purchase goes wrong, the business is the first place to go.

What you need. No CoinGate account. Before paying you will be asked for a few details, such as your name and date of birth, because the EU’s Travel Rule requires them. Here is why. If you have never paid an invoice like this before, this step-by-step guide walks you through it.

If something goes wrong. Sent the wrong coin, or used the wrong network? You can usually start the refund from the invoice itself. Want your money back for a purchase? Refunds are issued by the business, and this is how they work. For anything else, the invoice has a chat, and our help centre is open to shoppers too.

If you are thinking of using CoinGate for your business

A business has more to lose, so it is worth checking more than the licence.

• Track record. We have processed crypto payments since 2014: over 7 million in total and 1.4 million in 2025 alone.
• Who regulates us. The Bank of Lithuania, under MiCA. That comes with capital requirements, governance rules and a complaints procedure we are obliged to run.
• What other businesses say. Our reviews page collects what customers have written and links to our profiles on G2 and Capterra, where anyone can leave a review.
• The questions to ask any provider. Licensing is the first filter, not the only one. Our guide to licensed and unlicensed payment processors covers the rest.

How to spot someone pretending to be us

Being a known name has a downside. People have impersonated us on social media and set up fake exchanges under our name, which we wrote about in our guide to crypto scams. A few checks catch nearly all of it:

• Check the address bar. Both registers above list our website as coingate.com. Our pages live there and on its subdomains, such as pay.coingate.com and accounts.coingate.com. A lookalike spelling is not us.
• We do not run a trading platform or sell investments. We process payments for businesses, and individuals can buy and sell crypto with a card on our buy and sell pages, where the purchases and sales are provided by our partners Transak and Simplex. A “CoinGate trading platform” or a “CoinGate investment plan” is a scam using our name.
• Nobody legitimate needs your seed phrase. Not us, not a merchant, not a support agent. Anyone asking for it is trying to empty your wallet.
• When in doubt, ask us directly through our contact page, never through a link someone sent you.

What about CoinGate gift cards?

The gift card store on our site is real. As our site states, the gift cards “are sold by Rewards Distributed UAB, which is not a regulated financial services provider”. Our licence covers the payment side, not the gift cards themselves.

Trust is easier to claim than to check, so check it. The register entry, the authorisation numbers and the address bar take about two minutes between them, and none of them depends on taking our word for anything.

Done checking and ready to take crypto payments? Start with us.