MoonPay vs Alchemy Pay: which is better?
Want to put a fiat gateway right on your platform? That’s a smart move.
By offering an easy way to buy bitcoin, ether and a range of other cryptocurrencies and tokens, your users can go from cash to crypto in no time — without needing to source their digital currencies on another website.
Fiat-to-crypto onramps are an increasingly popular solution, as they can save you both time and resources better served building the foundations for a crypto and Web3 future.
Often, in these discussions, MoonPay and Alchemy Pay are brought up. Rightfully so: both are strong solutions for onboarding new users.
Wondering which one can better meet your needs? In this article, we’ll compare the two.
About MoonPay
With a focus on security and compliance, MoonPay serves millions of users worldwide with its suite of on- and off-ramping solutions. It’s trusted as the payments gateway for some of the industry’s top players.
The pros and cons of MoonPay
PROS
CONS
* Trusted brand (market leader)
* Good in the United States
* Wide range of supported cryptocurrencies and fiat currencies
* Limited payment method support
* Onboarding tends to be difficult, and startups are rejected
* High fees for businesses
About Alchemy Pay
At the time of writing, few onramps boast the global coverage that Alchemy Pay does. With a suite of on- and off-ramping solutions and a wide range of supported payment methods, it even offers low-KYC functionality in some cases.
The pros and cons of Alchemy Pay
PROS
CONS
* Wide global coverage (particularly in LATAM and Asia)
* Strong payment method support
* Low-KYC option
* A newer solution, which lacks the reputation of more established alternatives
How do MoonPay and Alchemy Pay compare?
MoonPay
Alchemy Pay
Key region(s)
North America, Oceania
North America
Fiat currencies
40
34
Cryptocurrencies
110
11
Payment methods
9
19
Supported countries
149
217
Trustpilot score
4.2
4.5
Networks supported
48
8
Integration fees?
✅
✅
Free with Onramper?
✅
✅
Which fiat onramp is best for my crypto business?
As the previous comparison demonstrates, both Binance Connect and BTC Direct have their own unique strengths. If you caught our latest report, you’ll know that there’s no real answer to which onramp is best — because it’s different, not for every business, but for every user.
MoonPay may work great for a segment of your user base, while being unusable for another segment. Alchemy Pay could face the same issue, albeit with different segments.
Because over 70 factors influence a transaction, the reality is that a single onramp can never cater to a meaningful number of users. Serious players in the crypto and Web3 spaces should consider the inclusion of both of these onramps — plus a whole suite of others.
Get the best of all onramps with a single integration
Integrating the multiple onramps required for truly global coverage can be both expensive and time-consuming. Why waste resources adding and maintaining them when you could achieve better results with just eight lines of code?
The Onramper widget is for businesses seeking seamless user onboarding — without the compliance, maintenance and integration headaches that come with DIY solutions.
Our fiat-to-crypto onramp aggregator puts over 15 of the industry’s best onramps (including MoonPay and Alchemy Pay) directly on your platform. Reach out today to find out how our state-of-the-art fiat gateway can help you win new users.
All onramps.
One seamless integration.
Try it for free
All onramps.
One seamless integration.
Try it for free
MoonPay vs Alchemy Pay: which is better?
Want to put a fiat gateway right on your platform? That’s a smart move.
By offering an easy way to buy bitcoin, ether and a range of other cryptocurrencies and tokens, your users can go from cash to crypto in no time — without needing to source their digital currencies on another website.
Fiat-to-crypto onramps are an increasingly popular solution, as they can save you both time and resources better served building the foundations for a crypto and Web3 future.
Often, in these discussions, MoonPay and Alchemy Pay are brought up. Rightfully so: both are strong solutions for onboarding new users.
Wondering which one can better meet your needs? In this article, we’ll compare the two.
About MoonPay
With a focus on security and compliance, MoonPay serves millions of users worldwide with its suite of on- and off-ramping solutions. It’s trusted as the payments gateway for some of the industry’s top players.
The pros and cons of MoonPay
PROS
CONS
* Trusted brand (market leader)
* Good in the United States
* Wide range of supported cryptocurrencies and fiat currencies
* Limited payment method support
* Onboarding tends to be difficult, and startups are rejected
* High fees for businesses
About Alchemy Pay
At the time of writing, few onramps boast the global coverage that Alchemy Pay does. With a suite of on- and off-ramping solutions and a wide range of supported payment methods, it even offers low-KYC functionality in some cases.
The pros and cons of Alchemy Pay
PROS
CONS
* Wide global coverage (particularly in LATAM and Asia)
* Strong payment method support
* Low-KYC option
* A newer solution, which lacks the reputation of more established alternatives
How do MoonPay and Alchemy Pay compare?
MoonPay
Alchemy Pay
Key region(s)
North America, Oceania
North America
Fiat currencies
40
34
Cryptocurrencies
110
11
Payment methods
9
19
Supported countries
149
217
Trustpilot score
4.2
4.5
Networks supported
48
8
Integration fees?
✅
✅
Free with Onramper?
✅
✅
Which fiat onramp is best for my crypto business?
As the previous comparison demonstrates, both Binance Connect and BTC Direct have their own unique strengths. If you caught our latest report, you’ll know that there’s no real answer to which onramp is best — because it’s different, not for every business, but for every user.
MoonPay may work great for a segment of your user base, while being unusable for another segment. Alchemy Pay could face the same issue, albeit with different segments.
Because over 70 factors influence a transaction, the reality is that a single onramp can never cater to a meaningful number of users. Serious players in the crypto and Web3 spaces should consider the inclusion of both of these onramps — plus a whole suite of others.
Get the best of all onramps with a single integration
Integrating the multiple onramps required for truly global coverage can be both expensive and time-consuming. Why waste resources adding and maintaining them when you could achieve better results with just eight lines of code?
The Onramper widget is for businesses seeking seamless user onboarding — without the compliance, maintenance and integration headaches that come with DIY solutions.
Our fiat-to-crypto onramp aggregator puts over 15 of the industry’s best onramps (including MoonPay and Alchemy Pay) directly on your platform. Reach out today to find out how our state-of-the-art fiat gateway can help you win new users.
All onramps.
One seamless integration.
Try it for free