In the rapidly evolving world of digital finance, CoinGate has emerged as a trusted name in blockchain-based payment solutions. Since its inception in 2014, CoinGate has been on a mission to accelerate global cryptocurrency adoption by providing a reliable, user-friendly, and customer-centric payment infrastructure. Designed for both merchants and crypto users, CoinGate bridges the gap between digital asset holders and businesses seeking to leverage blockchain technology for seamless transactions.
The platform empowers users to spend their cryptocurrencies on everyday goods and services while enabling businesses to accept crypto payments with ease. By tapping into the core benefits of blockchain—cost efficiency, transaction speed, enhanced privacy, and robust security—CoinGate addresses key pain points for modern consumers and unlocks diverse commercial use cases.
Whether you're an online retailer, a service provider, or an individual looking to use your crypto holdings, CoinGate offers a streamlined gateway that aligns with the future of decentralized finance.
👉 Discover how easy it is to start accepting crypto payments today.
The Evolution of CoinGate: Key Milestones
CoinGate’s journey reflects consistent innovation and growth within the fintech and blockchain space. Here are some of the most significant milestones that have shaped its development:
- July 2014: Legal foundation established as JSC “Virtualios Valiutos”
- March 2015: CoinGate platform officially launched
- November 2015: Processed 1,000 transactions
- April 2016: Reached 1,000 registered users
- February 2017: Handled 10,000 payments; introduced credit card purchases for Bitcoin
- May 2017: Surpassed 10,000 users; launched mobile payment solutions ahead of competitors
- August 2017: Expanded support to over 50 tokens via ShapeShift integration
- November 2017: Achieved 25,000 user registrations; 10th team member joined
- December 2017: Processed 100,000 payments; implemented SegWit for faster transactions
- February 2018: Partnered with PrestaShop to integrate crypto payments into e-commerce stores
- April 2018: Surpassed 200,000 processed payments; welcomed 50,000 Litecoin users
- May 2018: Launched Bitcoin Lightning Network on testnet
- June 2018: Deployed Lightning Network on mainnet, enabling instant microtransactions
These milestones highlight CoinGate’s commitment to staying at the forefront of blockchain payment innovation, consistently enhancing scalability, usability, and merchant integration.
Meet the Core Team Behind CoinGate
The strength of CoinGate lies not only in its technology but also in its passionate and skilled team. Comprised of blockchain enthusiasts, developers, and fintech experts, the team drives continuous improvement and strategic vision.
- Dmitrijus Borisenka, Co-founder & CEO – A seasoned entrepreneur with over a decade of experience, Dmitrijus has been immersed in the crypto space since 2012. He leads product strategy and long-term vision at CoinGate.
- Jonas Gilys, Co-founder & CFO – With a background in computer science, Jonas brings precision and operational excellence. He manages financial operations from various global locations as a digital nomad.
- Irmantas Bačiulis, Co-founder & Chief Developer – The architect behind CoinGate’s backend systems, Irmantas leads a team of six developers and treats coding as a creative pursuit.
- Rytis Bieliauskas, CTO – One of Lithuania’s most prominent Bitcoin advocates, Rytis contributes to academic education on blockchain and is deeply interested in cryptography and AI security.
- Tomas Achmedovas, Developer – Joining in 2015, Tomas specializes in turning abstract product ideas into intuitive user experiences.
- Vilius Semėnas, Chief Business Officer – Focused on business development, partnerships, SEO, and content strategy, Vilius has been with CoinGate since 2016.
- Justas Paulius, Head of Customer Relations – Acts as the bridge between users and the internal team, ensuring customer needs shape platform improvements.
- Veronika Mishura, Marketing Manager – From data analysis to viral social media campaigns, Veronika drives creative marketing strategies across borders.
- Dmitrij Ilgevič, Developer – Passionate about integrating new features, Dmitrij also enjoys building automation projects using Arduino in his spare time.
- Justina Žlabytė, Developer – A multi-talented professional with expertise in databases, project management, and software engineering, Justina blends technical skills with interests in philosophy and yoga.
- Šarūnas Matulevičius, Product Lead – Brings FinTech experience from retail banking and global remittances to structure product development at CoinGate.
- Vytautas Basys, Sales Manager – Former digital marketer turned crypto advocate, Vytautas expands CoinGate’s market reach across verticals.
This diverse team reflects CoinGate’s global mindset and dedication to building a sustainable crypto economy.
Strategic Partnerships Driving Adoption
CoinGate has forged key alliances to expand its ecosystem and improve accessibility. Notable collaborations include:
- Integration with PrestaShop, allowing thousands of online merchants to accept cryptocurrency directly through their stores.
- Early adoption of ShapeShift technology to support more than 50 digital assets.
- Implementation of the Bitcoin Lightning Network, enabling near-instant and low-cost transactions.
- Support for major cryptocurrencies including Bitcoin (BTC), Litecoin (LTC), and growing altcoin options.
These partnerships enhance interoperability and position CoinGate as a versatile solution in the global crypto payment landscape.
👉 Explore how blockchain payments can transform your business operations.
Frequently Asked Questions (FAQ)
Q: What is CoinGate used for?
A: CoinGate is a cryptocurrency payment gateway that allows individuals to spend digital assets on goods and services while enabling merchants to accept crypto payments securely and efficiently.
Q: Can I use CoinGate for online shopping?
A: Yes. Users can link their crypto wallets or use the platform to pay at thousands of online stores that accept CoinGate as a payment method.
Q: Which cryptocurrencies does CoinGate support?
A: CoinGate supports major coins like Bitcoin (BTC), Litecoin (LTC), and over 50 additional tokens through strategic integrations.
Q: Is CoinGate available worldwide?
A: Yes. The platform operates globally, serving users and merchants across multiple continents with localized support options.
Q: How does CoinGate ensure transaction security?
A: By leveraging blockchain’s inherent security features—such as encryption and decentralized verification—alongside internal fraud prevention systems, CoinGate maintains high safety standards.
Q: Do I need technical knowledge to use CoinGate?
A: No. The platform is designed for ease of use, with intuitive interfaces for both consumers and merchants—no advanced tech skills required.
Why Choose CoinGate for Crypto Payments?
As digital currencies gain mainstream traction, platforms like CoinGate play a vital role in making crypto spending practical. Its combination of early innovation (like Lightning Network support), strong merchant integrations, and a customer-first approach sets it apart in the competitive fintech arena.
With a clear roadmap rooted in real-world utility—not speculation—CoinGate continues to build tools that make cryptocurrency usable beyond trading and investing.
👉 Start your journey into seamless crypto transactions now.
Whether you're a developer, merchant, or everyday user, CoinGate provides the infrastructure needed to participate in the next generation of financial interaction. As blockchain reshapes commerce, being equipped with the right payment gateway is no longer optional—it's essential.