7 Mistakes You're Making with Crypto Payment Gateways (And How Larecoin Fixes What NOWPayments and CoinPayments Can't)

Let's be real. You're leaving money on the table.

Crypto payment gateways promise the future. Borderless transactions. Lightning-fast settlements. Freedom from legacy banking. But most merchants are making critical mistakes that cost them fees, control, and compliance headaches.

NOWPayments and CoinPayments have dominated the conversation. They're fine. But "fine" doesn't cut it in Web3.

This post breaks down the 7 biggest mistakes you're probably making, and shows exactly how Larecoin solves what the competition can't touch.

Mistake #1: Overpaying on Transaction Fees

Here's the math nobody talks about.

NOWPayments charges 0.5–1% per transaction. CoinPayments sits at 0.5%+. Sounds reasonable until you're processing thousands of transactions monthly.

Those percentages add up. Fast.

Larecoin cuts fees by 50%+ compared to traditional options. That's not marketing fluff. That's real money back in your pocket.

Think about it:

• $100,000 monthly volume at 1% = $1,000 gone

• Same volume with Larecoin = $500+ saved

Over a year? You're looking at $6,000+ in fee savings. Scale that up, and we're talking serious capital you can reinvest into your business.

The crypto payment space is competitive. Every basis point matters.

Mistake #2: Surrendering Your Self-Custody

This one's huge.

CoinPayments offers limited self-custody options. Your funds sit in their wallets. Their keys. Their rules.

NOWPayments does better with a non-custodial model. But even then, the operational burden shifts heavily to you. Security responsibility? All yours.

Larecoin's approach: True self-custody with support built in.

You maintain complete control over your assets. No middleman holding your crypto hostage. No recovery nightmares when incidents happen.

Self-custody isn't just a feature. It's a philosophy. In Web3, if you don't own your keys, you don't own your crypto. Period.

Larecoin's payment infrastructure was designed from day one with this principle at its core.

Mistake #3: Missing the NFT Receipts Revolution

Here's where things get interesting.

Traditional payment gateways give you... what? A PDF receipt? A transaction ID buried in your email?

Boring. Outdated. Useless for Web3-native businesses.

Larecoin issues NFT receipts.

Every transaction becomes a verifiable, on-chain record. Immutable proof of purchase. Collectible documentation. Enhanced customer engagement.

Why does this matter?

• Proof of authenticity: No disputes about whether a transaction happened

• Customer loyalty: Turn receipts into collectible brand assets

• Accounting clarity: Blockchain-verifiable records for your books

• Web3 credibility: Show customers you actually understand the space

NOWPayments doesn't offer this. CoinPayments doesn't offer this. Nobody else in the mainstream gateway space offers this.

NFT receipts aren't a gimmick. They're the future of transaction documentation.

Mistake #4: Ignoring Stablecoin Benefits (Hello, LUSD)

Crypto volatility is real. Bitcoin can swing 10% in a day. Ethereum follows. Alt-coins? Even wilder.

Most merchants using NOWPayments or CoinPayments face constant conversion anxiety. Accept BTC today, lose 8% by tomorrow. It's exhausting.

Larecoin's solution: Built-in LUSD stablecoin support.

LUSD provides:

• Volatility protection: Lock in transaction value instantly

• Predictable accounting: No more wild P&L swings from crypto exposure

• Faster settlements: Stablecoins move at blockchain speed without the price roller coaster

• Merchant confidence: Know exactly what you're receiving

The volatility protection alone makes Larecoin worth the switch. Stop watching charts nervously. Start accepting crypto with confidence.

Mistake #5: Gambling on Compliance

This is where most payment gateways get uncomfortable.

Crypto regulation is evolving. Fast. The U.S. market is particularly complex. Money transmission laws vary state by state. Federal requirements add another layer.

NOWPayments and CoinPayments operate. But their compliance frameworks? Often unclear for U.S. merchants.

Larecoin's approach is different.

We're pursuing rigorous U.S. compliance through:

• MSB (Money Services Business) registration at the federal level

• State MTL (Money Transmitter License) strategy for comprehensive coverage

This isn't optional checkbox compliance. It's a commitment to operating legally, transparently, and sustainably in the world's largest economy.

Why should you care?

• Legal protection: Proper licensing shields your business

• Banking relationships: Compliant processors maintain better banking access

• Longevity: Fly-by-night operations disappear when regulators knock

• Customer trust: Compliance signals professionalism

The crypto payment space is maturing. Operators without proper compliance will get squeezed out. Larecoin is building for the long game.

Mistake #6: Settling for Web2 Features in a Web3 World

NOWPayments supports 300+ cryptocurrencies. CoinPayments handles 120+.

Impressive numbers. But quantity isn't quality.

Both platforms are essentially payment processors with crypto added on top. They're Web2 infrastructure wearing a blockchain costume.

Larecoin is Web3-native from the ground up.

What does that actually mean?

• Native token ecosystem: $LARE powers the platform, creating aligned incentives

• Decentralized architecture: No single point of failure or control

• Smart contract integration: Programmable payment logic built in

• DAO governance: Community-driven development and decision-making

• Metaverse compatibility: Ready for virtual commerce environments

Check out the Lareblocks whitepaper for the full technical breakdown.

The gap between Web2 payment processors and true Web3 infrastructure is massive. Don't handicap your business with yesterday's technology.

Mistake #7: Ignoring the Ecosystem Effect

Final mistake. And it's subtle.

Payment processing is transactional. You process. They pay. Everyone moves on.

But what if your payment infrastructure connected you to something bigger?

NOWPayments processes payments. CoinPayments processes payments. Transaction complete. Relationship over.

Larecoin builds community.

The Larecoin Community connects merchants, developers, and crypto enthusiasts. Share strategies. Get support. Shape the platform's future.

Additional ecosystem benefits:

• Referral programs: Grow your network, earn rewards through our referrals program

• Lucky draw participation: Exclusive community events

• Member networking: Connect with other forward-thinking businesses

• Product input: Your feedback actually influences development

Processing payments is table stakes. Building relationships is the differentiator.

The Bottom Line

Seven mistakes. Seven solutions.

The crypto payment gateway market is crowded. Most options do the basics. Few do it right.

Larecoin isn't just another processor. It's infrastructure built for where Web3 is heading: not where it's been.

Ready to stop making these mistakes?

Get started with Larecoin and experience what a true Web3 payment solution feels like.

The future of payments is here. Don't get left behind.