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CoinPayments Alternative: 7 Mistakes You're Making with Legacy Crypto Processors (and How Larecoin Fixes Them)


Still using CoinPayments or another legacy crypto processor?

You're leaving money on the table.

Worse, you're stuck with outdated tech that slows your business down and costs you customers.

Let's break down the seven biggest mistakes merchants make with traditional crypto payment processors. And how Larecoin fixes every single one.

Mistake #1: Paying Ridiculous Transaction Fees

The Legacy Problem: CoinPayments charges 0.5% per transaction. Sounds small until you're processing $100K monthly. That's $500 straight out of your pocket.

Every. Single. Month.

Traditional processors add layers of intermediaries. Each one takes a cut. You're funding their infrastructure, their servers, their profits.

The Larecoin Fix: Gas-only transfers.

Pay network fees only. No platform cuts. No hidden percentages. No "processing charges" that mysteriously appear on your statement.

With LUSD (Larecoin's stablecoin), you get predictable costs. No volatility surprises. Just straightforward, transparent pricing that lets you calculate margins accurately.

Check the math yourself at larecoin.com.

Legacy crypto processor fees versus Larecoin gas-only payment model comparison

Mistake #2: Giving Up Custody of Your Funds

The Legacy Problem: CoinPayments holds your crypto. You're trusting a third party with your assets.

Not your keys, not your coins.

When payments come in, they sit in CoinPayments' wallets first. You request withdrawals. They process them. Eventually. Maybe with fees attached.

You're at their mercy.

The Larecoin Fix: Complete self-custody.

Payments hit YOUR wallet directly. No intermediary holding period. No withdrawal requests. No waiting for approval.

Your crypto. Your control. Instant.

Larecoin's Web3 architecture means peer-to-peer transfers. Customer pays, you receive. Simple as that.

Mistake #3: Missing Out on NFT Receipt Innovation

The Legacy Problem: Paper trails are a mess with crypto payments.

CoinPayments gives you transaction IDs. Maybe an email confirmation. That's it.

Try reconciling 200 transactions at month-end. Good luck.

No invoice tracking. No automated accounting sync. No proof of purchase customers can use for warranties or returns.

The Larecoin Fix: NFT receipts.

Every transaction creates a unique, verifiable NFT receipt. Blockchain-permanent. Cannot be faked. Cannot be lost.

Your customers get:

  • Proof of purchase forever

  • Easy warranty claims

  • Resale authenticity verification

  • Digital collectible of their transaction

You get:

  • Automated reconciliation

  • Zero dispute headaches

  • Clean audit trails

  • Next-gen customer experience

Nobody else in the crypto payment space offers this. Learn more about reducing merchant fees while upgrading your payment tech.

Self-custody crypto payments with Larecoin merchant wallet receiving funds directly

Mistake #4: Slow Confirmations Killing Conversions

The Legacy Problem: CoinPayments requires multiple blockchain confirmations. Bitcoin? 10-60 minutes. Sometimes longer during network congestion.

Your customer sits there waiting. Cart abandoned. Sale lost.

Every minute of delay = higher bounce rate.

The Larecoin Fix: 5-30 second confirmations.

Built on Solana's high-speed infrastructure. Lightning-fast finality. Near-instant settlement.

Customer clicks pay. Transaction confirms. They're done.

No awkward waiting room. No "your payment is processing" anxiety. Just smooth, modern checkout.

Plus LUSD transactions? Even faster. Stablecoin speed without volatility risk.

Mistake #5: Limited Stablecoin Support

The Legacy Problem: CoinPayments supports multiple cryptocurrencies. Great. But merchants need STABLE value.

Bitcoin swings 5% while your customer checks out. Your $100 sale becomes $95.

You either eat the loss or manually hedge every transaction. Both options suck.

The Larecoin Fix: Native LUSD integration.

Accept payments in Larecoin's stablecoin. Value stays locked. No volatility surprises. No hedging required.

Customers pay in LUSD. You receive LUSD. Simple accounting. Predictable revenue.

Want to hold volatile crypto? Convert after the sale. On your terms. At your timing.

Freedom to choose beats forced exposure every time.

NFT receipt technology replacing traditional paper receipts for crypto transactions

Mistake #6: Zero Support When You Need It

The Legacy Problem: CoinPayments provides documentation. Email support. Generic responses.

No dedicated account manager. No custom onboarding. No human being who knows your business.

You're on your own figuring out:

  • Integration challenges

  • Tax reporting

  • Accounting sync

  • Compliance questions

  • Technical troubleshooting

Support tickets take days. Sometimes weeks. Your business can't wait.

The Larecoin Fix: Merchant-focused support ecosystem.

Active community forums at larecoin.com/forum/marketplace. Real merchants sharing real solutions.

Plus:

  • Comprehensive documentation

  • Video tutorials

  • Integration guides

  • Direct merchant portal access

  • Community-driven problem solving

You're not buying software. You're joining an ecosystem that wants you to succeed.

Mistake #7: Locked Into Centralized Infrastructure

The Legacy Problem: CoinPayments is a company. With servers. And downtime. And terms of service that change.

They decide which coins to support. They set the rules. They control your access.

Service goes down? You're offline. They change fees? You pay more. They exit a market? You find alternatives.

Zero independence.

The Larecoin Fix: Fully decentralized Web3 payments.

No single point of failure. No corporate overlord. No arbitrary rule changes.

Built on blockchain infrastructure. Runs on smart contracts. Governed by DAO.

The network exists independent of any single entity. Larecoin doesn't "shut down" because it's not controlled by one company.

Merchant freedom. Payment independence. True decentralization.

That's the entire point of cryptocurrency. Legacy processors missed the memo.

Fast crypto payment confirmations comparison: instant Larecoin vs slow legacy processors

The Bottom Line: Stop Overpaying for Outdated Tech

CoinPayments launched in 2013. A decade ago.

The crypto landscape has evolved. Fast.

Legacy processors haven't kept pace. They're running Web2 infrastructure for Web3 payments.

You deserve better:

  • Gas-only pricing

  • Self-custody control

  • NFT receipt innovation

  • Instant confirmations

  • Native stablecoin support

  • Real merchant community

  • Decentralized architecture

Every day you stick with outdated processors costs you money. And customers. And competitive advantage.

The merchants switching to Larecoin aren't early adopters anymore. They're the smart operators who see where payment tech is headed.

Make the Switch Today

Ready to fix these seven mistakes?

Visit larecoin.com to explore the ecosystem.

Set up your merchant portal. Test transactions. See the difference.

No contracts. No lock-in. No strings attached.

Just modern crypto payments that actually work for merchants.

The future of commerce isn't waiting for legacy processors to catch up. Neither should you.

 
 
 

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