As the crypto industry continues to grow, more and more startups — particularly those in the NFT, Healthcare Blockchain, and Gaming space — are taking advantage of this currency for payments and business transactions. However, crypto often needs to be converted back into USD for accounting purposes. Knowing which crypto conversion app is suitable for your startup and bookkeeper’s requirements can be challenging with many available options. 

In this article, we will look at five of the best crypto converter apps for startups. We will compare and contrast their features, costs, and benefits to help you decide which one is right for you.

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What Is Cryptocurrency?

Cryptocurrency is a digital form of money. Businesses can use crypto to make purchases from vendors, pay bills, and accept payments. Digital currencies are becoming increasingly popular due to their decentralized nature and security. 

Converting Cryptocurrency to USD

Cryptocurrency digital wallets function similarly to Apple Pay's digital wallet. The only difference is to cash out crypto, you need a currency converter. 

There are plenty of converter apps on the market, but when choosing one for your business, you need to know how your company plans to use crypto. If you plan on using crypto as a form of payment, these five converters below offer many benefits for primary use. 

Check out our suggestions below to find the best cryptocurrency converter app for your startup.

5 Best Crypto to USD Converters

1. Cryptio

Cryptio informational page

Cryptio is designed for business owners wanting to expand their payment options into crypto. Its dashboard keeps track of crypto’s value with an easy-to-read graph broken down by type. You can view and download transaction history in two steps. Cryptio isn’t just a conversion app; it's a full cloud accounting and financial software made solely for crypto transactions. You can also create multiple wallets to hold your crypto until you’re ready to convert it to USD. 


  • 24/7 customer support
  • Free trial period
  • Tax software optional
  • GAAP & IFRS compliant
  • Software integration
  • Transactions auto-audited 
  • Invoice attachment feature


  • High monthly subscription
  • Customer priority based on plan tiers
  • User limitation
  • Financial reporting unavailable for a basic plan

Cost: $199/mo for a basic plan; $550/mo for a pro plan

2. Coinbase

Coinbase is another converter app that’s good for beginners. It has a dedicated set of features for businesses looking into crypto for stock, exchange, and payment methods. Coinbase has a dashboard feature to view payments and invoices in one click. You can purchase business-related items from its shopping feature to instantly record the transaction for a seamless transition from the app to your bookkeeper. 


  • Beginner friendly
  • Multiple currencies supported 
  • Crypto transaction screening
  • Asset hub
  • Global payment support
  • Custom workflow option
  • Multiple deposit options


  • High transaction fees
  • Only three major cryptocurrencies are unsupported (BNB, XRP, Solano) 
  • Limited features for businesses outside of conversion


  • Free storage 
  • Various fees for purchasing, selling, and conversion
  • 2% flat rate to borrow USD from Coinbase or affiliate
  • No charge for using Coinbase Card
  • 25% for staking assets

Transaction fees (taker and maker) depend on pricing tiers. Percentages drop as the amount grows higher. Coinbase Pro users have lower fees than users on the basic plan. 

Deposit and withdrawal fees are dependent on the type of payment process. Coinbase supports ACH, Wire, Sepa, and Swift Fiat payment processes. 

Learn more about their fees, restrictions, and specific rules here.

3. Bitstamp

For a crypto converter and trading hub, Bitstamp has relatively low transaction fees. The website and mobile app are easy to use, but an advanced trading dashboard is available for more seasoned crypto users. Bitstamp was one of the first crypto trading platforms launched when crypto came into the market. Its stability is reassuring, especially for businesses looking for a long-term converter.


  • Easy to use
  • Low transaction fees
  • Excellent mobile app
  • Advanced platform available 
  • Good cryptocurrency selection
  • Free ACH deposits
  • Unlimited withdrawals


  • No margin trading or lending features
  • Slow verification processes
  • No live customer support


  • Trades under $1,000 are not subject to fees
  • Maker and taker fees begin at 30% for trades under $10,000 and lower as the trading amount increases
  • 15% staking fees
  • SEPA withdrawal fee 3.00 Euros
  • Card/Google/ApplePay 5% for withdrawal and deposit
  • International wire transfers .05% to deposit .1% to withdrawal
  • Non-standard processing fees range from $50 to $30
  • Free cryptocurrency deposits 
  • Varying cryptocurrency withdrawals are dependent on the currency

4. Kraken

Kraken gained popularity as a converter due to the high withdrawal limits, but the cap depends on the verification level. While Kraken offers a pro-business account, businesses still have a verification level. The business account offers discounted trading fees based on the frequency of use and high-volume customers. 


  • Supports over 100 currencies
  • Operates in over 190 countries
  • High liquidity exchange 


  • High transaction fees when not using the Pro plan
  • Extensive verification process
  • 5-day processing time
  • High withdrawal minimums

Cost: Users will not incur fees for staking, storing funds, inactive accounts, or transferring funds to and from an e-wallet

Transaction Fees:

  • The fee per transaction via Buy Crypto widget for buying, selling, or converting is 1.5%
  • Purchase a stablecoin using another stablecoin (USDT, USDC, or DAI), or when purchasing using USD, each transaction is .9%

5. Binance

Binance is one of the world's largest trading and converting platforms, offering many features. Binance’s dashboard and mobile app are more advanced than other converters on this list. Their transaction fees are low, which is always a plus for businesses. Unfortunately, some features are not optional in the United States.


  • Over 65 currencies available for trade
  • Low fees
  • Multiple types of trading
  • Credit/debit services


  • Limited U.S. features
  • Complex platform
  • High deposit rates


  • Tier 1 fees begin at .075% maker and .15% taker and descend based on volume and VIP level. There are no maker fees for $20M-$5M
  • Tier 2 fees begin at .3% maker and .45% taker, descending based on volume. There are no maker fees for $300M-$500M
  • ACH is free of costs for withdrawal and deposit
  • $10-$15 withdrawal fee for domestic wire
  • 3.75% withdrawal deposit fee for debit cards and Apple Pay. No fees for withdrawal

Accounting Practices And Cryptocurrency

Cryptocurrency is complex on its own. With a basic understanding of how cryptocurrencies work and the market cap, you can successfully integrate the use of crypto into your business. 

However, suppose you are or plan to use cryptocurrency for your business. In that case, we highly recommend working with a specialized team of finance experts to manage your startup’s bookkeeping, accounting, and tax needs. Specifically, due to crypto's current tax regulations in the United States, each crypto transaction is subject to different and inconsistent tax requirements.

At Zeni, we already work with clients that use cryptocurrency. Our services include:

  • GAAP and tax complaint recording of crypto all transactions
  • Tax preparation and aid 
  • Crypto transactions are accepted in our standard plan once converted to USD

To give you the best bookkeeping experience, we suggest looking into our add-on consultation services. Our Zeni controllers will work with you to help build an appropriate tech stack for your business. 

Currently, we assess and allow clients using cryptocurrency to add on our tax services on a case-by-case basis. If you qualify for our tax services, it is a requirement that you file an extension with the IRS. 

Our experts are here to help with your journey into cryptocurrency on a business level. Get started today!

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