Close Menu
    Facebook X (Twitter) Instagram
    Wednesday, July 9
    X (Twitter) Instagram LinkedIn YouTube
    Chain Tech Daily
    Banner
    • Altcoins
    • Bitcoin
    • Crypto
    • Coinbase
    • Litecoin
    • Ethereum
    • Blockchain
    • Lithosphere News Releases
    Chain Tech Daily
    You are at:Home » OpenNode Review – A Bitcoin-only Payment Service
    Crypto

    OpenNode Review – A Bitcoin-only Payment Service

    James WilsonBy James WilsonJuly 8, 2025No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    In this article, we will review OpenNode, a Bitcoin-only payment service for businesses all over the world.

    Overview

    Traditional payments are systemically complex, slow, and expensive. As a payment system, Bitcoin provides a better way to transfer value. OpenNode provides simple user experiences and elegant bridging between fiat and bitcoin. 

    Summary

    OpenNode empowers individuals and connects the world through trusted digital payment infrastructure with the lowest fees, quickest settlement, and an exceptional focus on user success.

    Read OpenNode reviews on CoinCodecap 

    OpenNode Pros and Cons

    Pros:

    • On-chain Bitcoin payments & Instant Lightning Network Bitcoin payments 
    • Easy to use Platform and simple API integration
    • Low per-transaction fees
    • Compatible with all smartphones and bitcoin wallets
    • On-chain and Lightning Network support (for instant payment and settlement)
    • KYC Compliant 
    • Exceptional technical and customer support 

    Cons

    • A relative newcomer compared to incumbents
    • 8 local currencies supported for funds transfer

    OpenNode Features

    • On-chain & Lightning Network payments 
    • Payment Buttons/Links
    • Payouts
    • eCommerce Checkout
    • Invoices
    • In-person Payments
    • Instant Settlement
    • Automatic Conversion from Bitcoin to Local Currency at the time of the transaction
    • Bitcoin Transfer
    • Bank Transfer (T+1)
    • Merchant Dashboard
    • Reporting
    • API Access
    • Customer & Tech Support
    • Payments Compliance

    How OpenNode Works

    OpenNode works in multiple ways as follows: 

    1. Plugin integration: OpenNode offers plugins for popular e-commerce platforms like Shopify and WooCommerce with simple setups that take less than 5 minutes to begin accepting Bitcoin payments.
    2. API Integration: If a business needs a branded checkout or has more complex checkout flows, OpenNode provides an API to make it easy to accept payments and also do payouts. 

    Comparison with other products

    OpenNode provides custodial Bitcoin payment infrastructure for businesses and is often compared to BitPay and Coinbase Commerce.  OpenNode has a competitive advantage by offering both on-chain Bitcoin payments and instant Lightning Network Bitcoin transactions. 

    Lightning Network 

    OpenNode offers instant Bitcoin transactions using the Lightning Network on its platform. With their Lightning Network capabilities, developers can use their API to power instant payments for any application. Their Lightning Network API was one of the first available to the public and powered many of the early Lightning Network applications such as Lightning Spin and Poketoshi. 

    User Experience

    openNode reviewopenNode review
    OpenNode Review - A Bitcoin-only Payment ServiceOpenNode Review - A Bitcoin-only Payment Service
    OpenNode APIs

    The platform is a web-based application so anyone with an internet connection can access OpenNode with any smartphone, tablet, or desktop device. OpenNode provides multiple e-commerce shopping cart solutions to make integrating the platform easy. It also offers a simple API to create any custom solution you’d like. OpenNode provides the tools for you to build whatever solution or experience you want, the possibilities with their tech are limitless. 

    Performance and Security

    OpenNode is providing a high-performance platform built on security using Bitcoin payments. With no chargebacks and no holds, OpenNode mitigates the risk of Chargeback Fraud. The platform maintains industry standards for security practices and offers 2 Factor Authentication. OpenNode actively researches and employs the most up to date Bitcoin protocol developments to ensure every transaction is safe. With continuous monitoring of their platform and 24/7 customer support, OpenNode provides a reliable platform for Bitcoin users. 

    OpenNode Pricing

    OpenNode offers a competitive, tiered pricing model. 

    Transaction Amount(Single Transaction USD Equivalent at the time of processing) Standard Processing Fee(High-Risk industries may be charged higher fees)
    Up to $999.99 1.00%
    $1,000.00-$9,999.99 0.75%
    $10,000.00-$499,999.99 0.50%
    $500,000.00 and greater $1,000.00 (fixed)

    Conclusions

    OpenNode believes in the promise of bitcoin as a currency that enables access, freedom, privacy, and sovereignty.

    It innovates through the design for simplicity, providing secure and reliable technology for developers and businesses.

    OpenNode works tirelessly to build a bridge to a more fairly distributed tomorrow.

    Let us know what you think about our OpenNode review in the comment section.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticlePhantom puts perps in traders’ pockets as mobile-first derivatives go live
    Next Article Tafabot Review – Trading Solution for All Market Conditions 2025
    James Wilson

    Related Posts

    Ethereum Interview Questions – Part 1

    July 8, 2025

    Top Ways to Find Meme Coins Before They Explode

    July 8, 2025

    Salavi Review 2025 – CoinCodeCap

    July 8, 2025
    Leave A Reply Cancel Reply

    Don't Miss

    Ethereum Interview Questions – Part 1

    Top Ways to Find Meme Coins Before They Explode

    Salavi Review 2025 – CoinCodeCap

    Tafabot Review – Trading Solution for All Market Conditions 2025

    About
    About

    ChainTechDaily.com is your daily destination for the latest news and developments in the cryptocurrency space. Stay updated with expert insights and analysis tailored for crypto enthusiasts and investors alike.

    X (Twitter) Instagram YouTube LinkedIn
    Popular Posts

    Ethereum Interview Questions – Part 1

    July 8, 2025

    Top Ways to Find Meme Coins Before They Explode

    July 8, 2025

    Salavi Review 2025 – CoinCodeCap

    July 8, 2025
    Lithosphere News Releases

    Imagen Network (IMAGE) Taps Grok AI to Power Scalable Personalization in Decentralized Social Systems

    July 8, 2025

    AGII Introduces Modular Risk Assessment Engines for Smarter Chain Logic

    July 7, 2025

    Imagen Network (IMAGE) to Raise $420 Million for Growth Using Circle’s USDC and Ripple’s RLUSD Stablecoins

    July 7, 2025
    Copyright © 2025

    Type above and press Enter to search. Press Esc to cancel.