Coinify vs Alchemy Pay Coinify leads by 33 points.
Coinify scores 33 points above Alchemy Pay, led by purchase cost, quote honesty, and named licence. Coinify ranks #2 and Alchemy Pay #12 of 16 published onramps. Every term of the gap is on the ledger below; the inputs are on the audit receipt.
Coinify75
vs
Alchemy Pay42
Scores are out of 100; published scores fall within 41–99 · ranks #2 and #12 of 16
Criteria roundingThe criteria block is rounded to whole points before it is spread+0.1
Reproduced gap+32.5
Published gapAfter score rounding and bounds — see the note below7542+33.0
Weight is in points of the 86-point weighted total. Points are score points of the gap between the two.
CoinifyScore 75The pool's fee-schedule anchor - bank 1%, EEA card 3.5%, non-EEA card 5%, 0.50% non-USD FX, network fee separate, all on its own domain - and since 2026-05-29 a register-verified Danish MiCA CASP (FT-ID 10907) whose own legal page has not yet caught up with its authorisation.Strength: All in purchase cost — 8/10Watch-out: The cheap rail is the unlocked one: pay by SEPA (1%) and you contractually accept 'the current available exchange rate at the time Coinify processes your trade' - up to 1-2 business days after you saw the 'indicative' quote - and if the trade cannot proceed, your refund comes back EUR20-30 lighter. The 15-minute rate lock exists only on the 3.5-5% card rail, and only in a help-centre article the Terms never echo.Alchemy PayScore 42Hybrid fiat-crypto ramp with genuinely deep local-rail coverage (UPI, PIX, SPEI, African mobile money) and published numeric KYC tiers, but no public fee schedule anywhere, a licence story whose numbered registers (NMLS, AUSTRAC) belong to entities that are NOT the regional buyer's counterparty, and a sampled UPI all-in near 20%.Strength: Kyc friction time to coins — 6/10Watch-out: The widget will quote you a rate whose spread is never disclosed and can be enormous on exactly the rails this segment exists for — a sampled ₹22,153 UPI purchase delivered USDT at ₹111.9 apiece against the ₹95.79 interbank rate embedded in the same API response, a 19.7% all-in the buyer only discovers by doing the maths on the delivered amount — and if Alchemy Pay rejects your order after capture, clause 6.5 lets it charge you a processing fee to refund your own money.
Quick facts
At a glance
2 of 3 rows read the same for both.
FactCoinifyAlchemy Pay
PricingSnapshotCoinify "Trading Fees" page (https://www.coinify.com/trading-fees), fetched 28 September 2026, HTTP 200, unchanged from 18 August 2026. Handling fee: "BUY ORDERS Bank Transfer 1% Credit/Debit Card EEA *3.5% Credit/Debit Card 5%" with "* EU, NORWAY, ICELAND, LIECHTENSTEIN, SWITZERLAND"; sell side "Bank Transfer 1%". Conversion fee: "For all purchases done in currencies other than USD, a foreign exchange fee of 0.50% applies." Network fee: "A fee deducted from the purchased cryptocurrency amount." and "It depends on the Blockchain network’s current transaction volumes." Worked example (our arithmetic, not a Coinify figure): a EUR 200 purchase by SEPA bank transfer = 1 percent handling + 0.50 percent FX = EUR 3.00 plus the network fee; by EEA card = 3.5 percent + 0.50 percent = EUR 8.00 plus the network fee. The exchange-rate margin is not on this page: Coinify's help article 360013699059 says fees "are included in the exchange rate we offer you" without a number. Minimums are on help article 360013698319 (edited 13 December 2024), not on this page.No fee schedule is published. The Alchemy Pay docs page "Fiat currencies, Payment Method Coverages plus Other Details" (https://alchemypay.readme.io/docs/fiat-currency-country-payment-method-coverage-plus-fees-and-limits.md, updatedAt 21 November 2025), fetched 29 September 2026, HTTP 200, links a Notion table "On-Ramp Payment Methods" whose columns (processing time, KYC countries, currencies, KYC level, pay-way code, method type, minimum, maximum and daily limits, documents) include no fee column (read through the Notion API on 29 September 2026). The Crypto Ramp Terms ("Last updated: Dec 25, 2025") say only "9.1 All fees payable under this Agreement are displayed during the purchase flow", and the marketing page says "Your users will appreciate the lowest fees in the industry." Sampled from Alchemy Pay's public quote API on 29 September 2026 (not published prices): a card quote for 200 euros carried a ramp fee of 4.19 percent and delivered about 4.3 percent less USDT than the USD rate in the same response; a Pix quote for 1,206 reais carried a 2.67 percent ramp fee and about 4.5 percent all-in; a UPI quote returned no data that day.
Asset coverageEditorial——
Region fitSnapshoteurope, asia, latameurope, asia, latam
From the published criteria
Which should you pick?
Coinify
75#2 of 16
Leads
Pick it when
Pick Coinify if purchase cost matters most — it scores 8/10 to Alchemy Pay's 1/10 there (weight 34).
Strength
All in purchase cost — 8/10
Tradeoff
The cheap rail is the unlocked one: pay by SEPA (1%) and you contractually accept 'the current available exchange rate at the time Coinify processes your trade' - up to 1-2 business days after you saw the 'indicative' quote - and if the trade cannot proceed, your refund comes back EUR20-30 lighter. The 15-minute rate lock exists only on the 3.5-5% card rail, and only in a help-centre article the Terms never echo.
Alchemy Pay
42#12 of 16
Pick it when
Alchemy Pay leads Coinify on no published criterion and no score dimension — pick it only if a fact outside the score (country, funding rail, custody) decides for you.
Strength
Kyc friction time to coins — 6/10
Tradeoff
The widget will quote you a rate whose spread is never disclosed and can be enormous on exactly the rails this segment exists for — a sampled ₹22,153 UPI purchase delivered USDT at ₹111.9 apiece against the ₹95.79 interbank rate embedded in the same API response, a 19.7% all-in the buyer only discovers by doing the maths on the delivered amount — and if Alchemy Pay rejects your order after capture, clause 6.5 lets it charge you a processing fee to refund your own money.
Self-identify in 10 seconds
Which one is actually for you?
CoinifyLeads
Choose Coinify if purchase cost matters most
Purchase cost: 8/10 against 1/10 for Alchemy Pay (weight 34)
Quote honesty: 5/10 against 2/10 for Alchemy Pay (weight 26)
Named licence: 8/10 against 3/10 for Alchemy Pay (weight 22)
CoinifyScore 75The pool's fee-schedule anchor - bank 1%, EEA card 3.5%, non-EEA card 5%, 0.50% non-USD FX, network fee separate, all on its own domain - and since 2026-05-29 a register-verified Danish MiCA CASP (FT-ID 10907) whose own legal page has not yet caught up with its authorisation.Strength: All in purchase cost — 8/10Watch-out: The cheap rail is the unlocked one: pay by SEPA (1%) and you contractually accept 'the current available exchange rate at the time Coinify processes your trade' - up to 1-2 business days after you saw the 'indicative' quote - and if the trade cannot proceed, your refund comes back EUR20-30 lighter. The 15-minute rate lock exists only on the 3.5-5% card rail, and only in a help-centre article the Terms never echo.
Alchemy Pay
Alchemy Pay leads Coinify on no published criterion
Choose it only if something outside the published criteria decides for you — your country, a funding rail, or custody.
Alchemy PayScore 42Hybrid fiat-crypto ramp with genuinely deep local-rail coverage (UPI, PIX, SPEI, African mobile money) and published numeric KYC tiers, but no public fee schedule anywhere, a licence story whose numbered registers (NMLS, AUSTRAC) belong to entities that are NOT the regional buyer's counterparty, and a sampled UPI all-in near 20%.Strength: Kyc friction time to coins — 6/10Watch-out: The widget will quote you a rate whose spread is never disclosed and can be enormous on exactly the rails this segment exists for — a sampled ₹22,153 UPI purchase delivered USDT at ₹111.9 apiece against the ₹95.79 interbank rate embedded in the same API response, a 19.7% all-in the buyer only discovers by doing the maths on the delivered amount — and if Alchemy Pay rejects your order after capture, clause 6.5 lets it charge you a processing fee to refund your own money.
Criterion by criterion
Scorecard
Published criteria · weight in points of 868 of 8 cells scored. Strength is read from the evidence file; the weight is the published one. Methodology
Purchase cost
by 7 of 10weight 8.2 of 86Coinify leads
Coinify8/10 out of 10
Alchemy Pay1/10 out of 10
Quote honesty
by 3 of 10weight 6.2 of 86Coinify leads
Coinify5/10 out of 10
Alchemy Pay2/10 out of 10
Named licence
by 5 of 10weight 5.3 of 86Coinify leads
Coinify8/10 out of 10
Alchemy Pay3/10 out of 10
KYC and speed
by 1 of 10weight 4.3 of 86Coinify leads
Coinify7/10 out of 10
Alchemy Pay6/10 out of 10
Score dimensions
weights sum to 86
The published score is five dimensions, each weighted for the category. "Published criteria" is the criteria block above; the other four are the engine's own terms — availability, friction, trust record, measured data. Each bar is one side's points out of that dimension's maximum; the weight beside the name is its points of the 86-point weighted total. The published criteria above can fill 24 of the block’s 30. A weight marked “constant here” belongs to a dimension every ranked product in the category holds at the same value: it still counts in the total, and it orders nothing here.
Availabilityweight 20 of 86
Coinify12/20Alchemy Pay12/20
Tie
Published criteriaweight 30 of 86
Coinify16.9/30Alchemy Pay6.2/30
Coinify leads
Frictionweight 10 of 86 · constant here
Coinify2.7/10Alchemy Pay2.7/10
Tie
Trust recordweight 8 of 86 · constant here
Coinify3.2/8Alchemy Pay3.2/8
Tie
Measured dataweight 18 of 86
Coinify10.1/18Alchemy Pay8.3/18
Coinify leads
Decision rulePublished order
Choose Coinify unless the term Alchemy Pay leads on is the one you are buying.
Alchemy Pay leads Coinify on no published criterion and no score dimension — pick it only if a fact outside the score (country, funding rail, custody) decides for you.
The published order weighs every criterion the same way for everyone. To weigh them your way, run .
From the published order
Next best action
If this isn't your case
Other matchups worth comparing
How you can lose money here, and what the ranking scores
Regulatory failure: no licence where you are, or a forced market exit.
Scored by Whose money-transmission licence is my money riding — and is that entity my counterparty? · 22% (Coinify 8/10, Alchemy Pay 3/10)
Execution failure: you get a worse price, later, or nothing.
Scored by Is the number on the widget the number that settles? · 26% (Coinify 5/10, Alchemy Pay 2/10)
Information failure: the number is wrong or bought, or your data leaks.
Scored by How much identity do I surrender before the coins land in my wallet, and how long does that take? · 18% (Coinify 7/10, Alchemy Pay 6/10)
Not assessed by this ranking: Control failure, Liveness failure, Custody failure, Insolvency failure, Exit failure. A high place says nothing about these; the Methodology tab says what each means.
Also scored, as cost, quality or a summary of several families: What does a €200 purchase actually cost me — by card and by bank, all-in? (34%).
Questions
Frequently asked questions
Coinify scores 33 points above Alchemy Pay, led by purchase cost, quote honesty, and named licence. Published scores, out of 100: Coinify 75 (rank 2 of 16 onramps), Alchemy Pay 42 (rank 12 of 16).
Reviewed means both products compared here was read against its sources on or after that date; every ranked category is re-read at least every 45 days. Models research, extract and parse. A deterministic engine ranks. Every quote passes an adversarial refute pass.
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