Launched in 2011, BitPay is the world’s largest Bitcoin payment processor. With Bitcoin rearing its head and growing quickly,
founders Tony Gallepi and Stephen Pair designed the platform to make it easier for merchants to accept Bitcoin as payment.
BitPay, available in six continents, is used in various industries, including travel, casinos, and ticket and merchandise vending.
In contrast to the Coinbase wallet, where users have to create a Coinbase account for access, BitPay offers a downloadable application that can be used independently. BitPay wallet offers users the ability to create multiple wallets, protect their funds through encryption, easily track funds through their notification system, and spend crypto easily by turning it into fiat with the BitPay card.