Bitpace
Bitpace was founded in 2016 and is headquartered in London, UK. It previously operated as SG Veteris and Koinal and serves Europe, Latin America, Africa and global merchants, but is not available in the US. Our source confidence is medium.
Its positioning is a mid-sized crypto gateway with institutional custody: roughly 4 billion euros in annual volume, more than 1,000 merchants, 70 cryptocurrencies and custody through Fireblocks and BitGo.
For operators
For casino and betting operators Bitpace provides deposits and payouts in Bitcoin, Ethereum, USDT, Tron and Ripple among 70 cryptocurrencies, with invoices, payment links and a REST API. It is listed in iGaming industry directories and its custody arrangements with Fireblocks and BitGo address a common operator concern about where funds sit. Reviews cite around one percent per transaction plus conversion and withdrawal fees.
Integration
Bitpace publishes a REST API, sandbox, webhooks, invoices, payment links and plugins for WooCommerce and OpenCart. Pricing per review is around one percent per transaction plus conversion and withdrawal fees.
Licences & compliance
Bitpace lists FINTRAC MSB registration in Canada and ISO 27001 certification. No EU MiCA authorisation or UK registration is itemised in our facts, and the service is not available in the US.
- FINTRAC MSB (CA)
- ISO 27001
Pros
- FINTRAC MSB registration and ISO 27001
- Institutional custody via Fireblocks and BitGo
- ~EUR 4bn annual volume and 1,000+ merchants
Cons
- Not available in the US
- Fee figures come from reviews rather than a published tariff
- No MiCA authorisation listed
Verdict
Bitpace suits European, LatAm and African operators that want an established crypto gateway with institutional custody and standard integration tooling. US-facing operators and those requiring MiCA-authorised counterparties should look elsewhere.
Frequently asked questions
What was Bitpace formerly called?
Bitpace previously operated as SG Veteris and Koinal.
Is Bitpace available in the US?
No. Bitpace is not available in the US per our facts.
How does Bitpace hold funds?
Custody is provided through Fireblocks and BitGo.