Cryptomus vs NoHoldPay

The NoHoldPay model in one payment

A customer opens your checkout and pays an address that did not exist until their invoice did, derived from wallet material you connected at signup. On Bitcoin-family chains that is a fresh address from your xpub. On Ethereum, TRON, and Solana it is a per-payment forwarder that can pay only your treasury. On XRP, Stellar, and TON it is your own account with a per-payment reference, and Monero runs through a view key that observes without spending. When the network confirms, you have been paid, in your wallet, with our involvement limited to matching the payment and signing the webhook that tells your store.

The rate is 0.5% for everyone, published, with no negotiation channel. It comes out of prepaid credit, never out of the payment, and the same ledger itemizes any network cost we incur broadcasting for you, at cost. Nothing about your identity is collected at any volume, which is not a policy we could quietly reverse: with no revenue balance on our books, a verification demand would have nothing to gate. Customers paying stablecoins without gas can use gasless checkout on eligible routes, and the Recovery Kit keeps every forwarder address re-derivable without our servers.

The record, stated precisely

Three dated facts belong in any Cryptomus comparison, and none of them needs embellishment. Their documentation describes payments crediting a platform balance, with payouts made only from business wallet balances, and their own blog has called the wallet product custodial hot wallets. Their identity flow is two-sided: signup is genuinely document-free, while SumSub verification, project moderation, and AML holds operate past it, with thresholds they do not publish. And in October 2025, FINTRAC, Canada's anti-money-laundering regulator, imposed an administrative penalty of CA$176,960,190 on Xeltox Enterprises Ltd., doing business as Cryptomus, for reporting and compliance violations. Xeltox has appealed to the Federal Court and disputes the findings. The penalty is not final, and it is not a criminal matter. Why it belongs here anyway: every one of these facts reaches a merchant through the balance. Funds on a platform ledger sit inside whatever happens to the platform. Funds in your own wallet do not.

Switching from Cryptomus

Withdraw your balance there first. Then it is an email signup, your wallet addresses, and a plugin swap: WooCommerce and OpenCart stores install ours in minutes, and both platforms are ones Cryptomus also serves, so the checkout swap is like for like. API stores replace one payment call and one webhook. Run both side by side for a week if you want the comparison live rather than argued. Your first roughly $10,000 of volume here processes on the $50 signup credit.

Where Cryptomus is the better fit

A merchant who wants one dashboard holding everything, converting incoming volatility to stablecoins instantly and for free, paying suppliers by mass payout, and taking coins we do not route, gets a genuinely capable version of that at Cryptomus, potentially at a negotiated rate below ours at serious volume. The balance is the feature there. This page's argument is only that the balance is also the risk, and that you should pick it deliberately.

Common questions

What does Cryptomus offer that NoHoldPay does not?

Free instant auto-convert to stablecoins, mass payouts, a payer-side fiat on-ramp, recurring billing, a P2P exchange, and a coin list past one hundred including DASH, AVAX, and SHIB. Merchants who want an all-in-one custodial ecosystem rather than plain settlement will find more product there.

Was Cryptomus found guilty of money laundering?

No, and this page does not claim it. FINTRAC imposed an administrative monetary penalty of about CA$177 million in October 2025 for reporting and compliance violations. Xeltox Enterprises has appealed to the Federal Court and disputes the findings. An administrative penalty is not a criminal conviction, and the appeal was unresolved as of August 2026.

Does Cryptomus require KYC?

Signup is document-free, and that is verifiable. Past signup, their platform runs SumSub identity verification, merchant project moderation before API keys work, and AML screening that can hold funds pending documents, with unpublished thresholds. We quote the mechanics and stop there, since the trigger conditions are theirs to state.

Is Cryptomus cheaper than NoHoldPay?

At the listed rate, no: 2 percent standard for new users against our flat published rate. Their pricing is explicitly negotiable down to 0.4 percent by volume and business type, so a large merchant may beat our rate there. Compare your actual quote, and count the withdrawal step and its network fees in the total.