Manysend and Cointool are two of the most popular and well-known mass crypto payment platforms. Both companies have similarities, but each platform is better suited for different business needs.
While both companies specialize in batch crypto payment processing (over in-person transactions), Manysend is better suited for small or new businesses that are just getting started. At the same time, Cointool is a better fit for larger companies, as it provides more options for payment customization.
Manysend and Cointool both offer similar services for the crypto industry. It’s easy to set up an account and start sending batch crypto payments with both. Neither company requires a contract and you can cancel anytime. The main difference between Manysend and Cointool is that Manysend is better suited for small businesses & individuals that are just getting started and want to work with ERC-20 tokens. It offers an easy setup and does not require advanced technical knowledge. Cointool is better suited SOL token transfers only.
Cointool’s fee for the transfer is calculated for each transaction. Manysend calculates its low fee for every transaction. It doesn’t matter how many transactions you want to send. The fee price is transparent and you will see how much you need to pay to send the transaction.
The main difference between Multisender and Manysend is that the first is better suited for Solana transfers. The second one is more suitable for ERC-20 tokens. ETH network is the ultimate factor that drives the crypto industry and creates the whole ecosystem.
Conclusion
Both Manysend and Cointool were rated as the best mass crypto payout systems in 2022. Both companies offer a user-friendly interface, step-by-step guide, and good customer support. However, the onboarding process in Manysend is much more applicable for the majority of customers and it supports all ERC-20 tokens.
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