Looking For a NOWPayments Alternative? Here Are 10 Things You Should Know About Self-Custody Merchant Accounts

Tired of watching your crypto profits disappear into someone else's wallet? NOWPayments got you feeling... limited? You're not alone.

Thousands of merchants are waking up to a simple truth: custodial payment gateways are yesterday's tech. Self-custody is the future. And it's time you understood why.

Here's everything you need to know before making the switch.

1. Self-Custody Means YOU Hold the Keys

This is the big one. The foundational principle.

With custodial solutions like NOWPayments or CoinPayments, your funds sit in THEIR wallets. Their servers. Their control.

Self-custody flips that script entirely.

Your wallet. Your keys. Your crypto.

When a customer pays you, the funds go directly to YOUR address. No middleman parking your money. No waiting for "processing." No wondering if that third party will still exist tomorrow.

True ownership. That's the promise of crypto: and self-custody merchant accounts actually deliver it.

2. Those "Small" Custodial Fees Add Up Fast

Let's talk numbers.

NOWPayments charges 0.5% per transaction. CoinPayments takes 0.5% too. Sounds tiny, right?

Run $100,000 in monthly volume. That's $500 gone. Every. Single. Month.

$6,000 per year. For what? For someone to temporarily hold your money?

Self-custody solutions like Larecoin slash those costs dramatically. We're talking gas-only transfers. Minimal overhead. Maximum profit retention.

Your revenue should stay YOUR revenue.

3. No Frozen Accounts. No Surprise Holds.

Here's a horror story every custodial merchant knows:

You wake up. Check your dashboard. Account frozen. Funds locked. Zero explanation.

Maybe it's a "compliance review." Maybe it's "suspicious activity." Maybe it's absolutely nothing you did wrong.

With self-custody? This nightmare doesn't exist.

Nobody can freeze YOUR wallet. Nobody can hold YOUR funds hostage. Nobody can decide your business isn't "appropriate" for their platform.

Merchant freedom isn't a marketing slogan. It's a technical reality with self-custody.

4. NFT Receipts Are Changing Crypto Accounting Forever

Traditional payment receipts are... boring. And inefficient. And easily lost or manipulated.

NFT receipts? Revolutionary.

Every transaction minted as an immutable, verifiable, on-chain record. Perfect for:

• Tax documentation

• Audit trails

• Dispute resolution

• Customer proof of purchase

Larecoin's ecosystem pioneered this approach. Every payment creates a permanent digital receipt that neither you nor your customer can lose or forge.

Your accountant will thank you. Your auditors will be impressed. Your peace of mind? Priceless.

5. Stablecoin Integration Eliminates Volatility Headaches

Bitcoin dropped 15% overnight? Ethereum swinging wildly?

Merchants using basic crypto payment processors feel that pain directly.

Self-custody solutions with stablecoin support: like LUSD: let you accept crypto payments while maintaining price stability.

Here's the workflow:

1. Customer pays in their preferred crypto

2. Automatic conversion to LUSD

3. Stable value hits your self-custody wallet

4. Cash out when YOU want, at the rate YOU locked in

No more watching your Tuesday revenue become Wednesday's loss. Volatility handled. Stability guaranteed.

6. Cross-Border Payments Without the Banking Drama

Traditional payment processors make international sales complicated. Currency conversions. Banking fees. Day-long settlement times. Geographic restrictions.

Self-custody crypto payments?

A customer in Tokyo pays a merchant in Toronto in seconds. Same fees as a local transaction. No currency conversion markups. No international wire charges.

This is the global economy crypto promised. Self-custody delivers it without third parties extracting value at every border crossing.

7. Integration Is Easier Than You Think

"But setting up self-custody sounds complicated..."

Not anymore.

Modern self-custody merchant solutions offer:

• One-click WooCommerce plugins

• Shopify integrations

• Custom API access

• Simple payment button generators

• QR code solutions for physical retail

Larecoin Pay makes deployment dead simple. No blockchain engineering degree required. If you can copy and paste, you can accept self-custody crypto payments.

8. Your Customer Data Stays Private

Custodial payment processors collect everything. Transaction histories. Customer information. Spending patterns. Business metrics.

That data has value. And spoiler: they're using it.

Self-custody keeps transaction data between you and your customer. Period.

No third party building profiles on your business. No selling your merchant data to advertisers. No security breaches exposing your customer list.

Privacy isn't paranoia. It's professional responsibility.

9. The Regulatory Landscape Favors Self-Custody

Here's something most merchants don't realize:

Self-custody actually simplifies compliance in many jurisdictions.

When YOU control the wallet, YOU maintain the records, and YOU handle the reporting: the regulatory picture becomes clearer. No wondering what your payment processor is doing with funds. No surprise tax documents from third parties.

Direct control means direct responsibility. And that clarity benefits everyone.

10. You're Betting on Decentralization's Future

The entire crypto industry is moving toward decentralization. DeFi. Self-custody wallets. Trustless transactions.

Custodial payment processors? They're recreating the old financial system with new technology. Same middlemen. Same extraction. Same dependency.

Self-custody merchant accounts align your business with where crypto is actually heading.

Early adopters of decentralized solutions have historically outperformed. The merchants embracing self-custody today are positioning themselves for tomorrow's economy.

Making the Switch from NOWPayments

Ready to leave custodial limitations behind?

Here's your action plan:

1. Set up a self-custody wallet compatible with your preferred cryptocurrencies

2. Choose a self-custody payment solution like Larecoin

3. Integrate with your existing store using available plugins or API

4. Configure stablecoin conversion to protect against volatility

5. Start accepting payments directly to YOUR wallet

The transition typically takes less than an hour. The benefits last forever.

The Bottom Line

NOWPayments and CoinPayments served their purpose. They introduced merchants to crypto payments.

But the training wheels need to come off.

Self-custody merchant accounts offer:

• Lower fees (keep more of what you earn)

• True ownership (your keys, your crypto)

• No frozen accounts (merchant freedom, always)

• NFT receipts (accounting revolutionized)

• Stablecoin options (volatility eliminated)

• Global reach (borderless payments, minimal friction)

• Privacy protection (your data stays yours)

The question isn't whether self-custody is better. It clearly is.

The question is: how much longer will you pay middlemen to hold your money?

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Ready to experience true merchant freedom? Explore the Larecoin ecosystem and see what self-custody crypto payments can do for your business.

Join the Larecoin Community to connect with merchants who've already made the switch. Real experiences. Real results. Real independence.