
AlphaPo Review
5.2/10A gambling-native crypto payment gateway for offshore operators, incorporated in Panama and based in Curacao, with 22 coins and 23-plus fiat currencies, custodial balances, and mass player payouts, but no disclosed license anywhere, an unnamed team, and not one named client.
Our read
22 assets on the published lists, with stablecoins on up to seven networks, Lightning support, no cards, and fiat conversion the docs' pair table stretches past 40 currencies.
An offshore Panama and Curacao entity with no disclosed license of any kind, holding merchant funds custodially, with only its longevity and fiat reach keeping it off the segment's floor for this dimension.
A custodial gambling gateway with public Mintlify docs (OpenAPI spec, Postman collection, callback references), per-player deposit addresses, and orchestration availability via Norbr, without a public casino-platform connector list.
Instant crypto acceptance, 23-plus fiat accumulation, and mass player payouts are a real gambling-native strength, discounted for a custodial model with no regulated safeguarding behind it.
Eight years of processing since 2018, held down by offshore opacity, an unnamed team, and not one named client.
No rate card anywhere, with fees gated in the merchant dashboard. Third-party estimates run 0.5% to 1.5% advertised and roughly 1% to 3.5% all-in, and the one public number is a BTC minimum deposit fee floating between EUR 1 and 8 by week.
Methodology. Our own score, a weighted average of six dimensions, tilted toward licensing and trust. The crypto-gateway weights load .26 on compliance and .18 each on trust and settlement, and AlphaPo is defined there: a functional gambling-native settlement and integration stack grades near 6.8, but an offshore, unlicensed base scores 3.2 and an undisclosed team with no named clients holds trust to 4.2, netting a floor-adjacent 5.2. Read the full methodology
- Genuinely gambling-native: a custodial rail built for casinos and betting sites, with mass player and affiliate payouts and eight years of processing since 2018.
- Wide fiat accumulation: balances across 23-plus fiat currencies on top of a 22-coin published list heavy on multi-chain stablecoins, useful for offshore books settling in many currencies.
- Payment-orchestration availability through Norbr, fully public docs with an OpenAPI spec and Postman collection, a status page, and a free 30-day trial, unusual openness for the tier.
- No disclosed license: an offshore Panama and Curacao entity holding merchant funds with no MiCA CASP, VASP, or other authorization.
- No founder, executive, or owner is named anywhere, so the counterparty behind the custodial balances is undisclosed.
- No rate card anywhere, with the fee schedule gated in the merchant dashboard: third-party estimates run 0.5% to 1.5% advertised and roughly 1% to 3.5% all-in.
- No named gambling client and no audited scale anywhere.
Offshore, crypto-first casinos and betting sites that want a gambling-native custodial rail with wide fiat accumulation and can absorb the unlicensed, custodial counterparty risk in full.
Any EU, UK, US, or otherwise licensed operator that needs an authorized counterparty, anyone who cannot hold player funds with an offshore, unlicensed custodian, and compliance teams that need a named team behind the counterparty.
Markets & licensing
AlphaPo is an offshore, unlicensed rail. The operating company, AlphaPo Solution Inc., is a business company incorporated in Panama and described as Curacao-based, and it holds no MiCA CASP, no VASP registration, and no other license. It holds merchant funds as a custodial processor, the company is still processing in 2026, and the compliance picture is an offshore entity with nothing regulated standing behind the funds it holds.
AlphaPo holds no US license and no license anywhere at all, operating from Panama and Curacao. For a US-facing or any regulated operator there is no authorized entity to contract with, and the custodial, offshore model is the opposite of what a licensed book needs.
There is no FCA permission and no other UK authorization, and the operating entity is offshore. A UK-facing operator finds no regulated counterparty to contract with here, and the custodial, unlicensed model is the risk that matters.
- MiCA CASPNone
- No MiCA CASP authorization held · No EEA authorization of any kind exists
- Operating entityPanama / Curacao
- AlphaPo Solution Inc., incorporated in Panama, run out of Curacao since 2018 · No disclosed VASP, EMI, or gambling-supplier license
- Custody modelCustodial
- Holds merchant funds custodially, with balances managed in the merchant dashboard · No regulated safeguarding regime stands behind the balances
Licensing tier: There is no compliance tier to assess. AlphaPo holds no disclosed license, operates offshore from Panama and Curacao, and holds merchant funds custodially with no named team and no regulated safeguarding behind the balances.
Not disclosed.
No regulated-market footprint applies: an offshore gateway with no license and no gambling-supplier registration, serving offshore operators rather than any authorized market.
AlphaPo publishes no restricted-market list. The offshore, unlicensed posture and the custodial model are the disqualifying facts for any regulated operator.
Methods & rails
What you can reach
Payout rails
Processing features
Integrations & engineering
One contract and one API instead of a separate deal per studio, feed, or PSP. Here's what connects, how fast, and on what stack.
Operators integrate AlphaPo's custodial gateway and API to accept about 22 published coins across 16 networks, accumulate balances across 23-plus fiat currencies, and run mass payouts to players and affiliates, settling to a bank account. The docs are public on Mintlify with an OpenAPI spec, a Postman collection, and callback references, per-player deposit addresses cover casino top-up flows, and payment-orchestration availability through Norbr gives orchestrator-side operators a route. The diligence question is the counterparty: an offshore, unlicensed, custodial company with no named team.
Not published as a figure. A free 30-day trial and fully public docs let a team scope the build before any contact.
Products & tools
A custodial crypto rail built for offshore gambling: accept 22 coins, accumulate balances in 23-plus fiat currencies, run mass payouts to players, and settle to a bank account, all from a Panama-incorporated, Curacao-based company with no disclosed license.
Crypto Payment Gateway
The core custodial gateway for gambling and high-risk merchants: accept about 22 published cryptocurrencies across 16 networks, accumulate balances across 23-plus fiat currencies, and settle to a bank account, with instant crypto acceptance tuned to casino cashiers.
- 22 assets on the published currency lists (Jul 2026)
- 16 networks including Lightning, Solana, Base, Arbitrum, and TON, with USDT on seven networks and USDC on six
- Channels product gives each player a permanent deposit address, with Invoices for fixed-amount payments. iGaming is the named use case
- Deposits credited in 3 seconds, with off-chain internal processing when both sides run on AlphaPo
- Custodial: AlphaPo holds merchant funds
- Payment orchestration distribution via Norbr
Mass Payouts & Fiat Settlement
The pay-out side for operators: mass crypto payouts to players and affiliates, accumulation and conversion across 23-plus fiat currencies, and settlement to a merchant bank account.
- Mass crypto payouts to players and affiliates in multi-currency batches
- Instant withdrawals reach the network in 30 seconds to 2 minutes on BTC, BCH, LTC, and DOGE (Jul 2026)
- Accumulation and conversion across 23-plus fiat currencies, with the docs' pair table converting into 40-plus
- Bank settlement from the custodial fiat balance to a verified account
- Crypto-fiat exchanges at a fixed quote or at market rate inside the merchant account
The history
Sales decks get rewritten for every deal. A dated record doesn't.
AlphaPo has operated since 2018 as a custodial crypto payment provider for gambling sites, subscription services, and e-commerce, run through AlphaPo Solution Inc., a business company incorporated in Panama and based in Curacao. No founder, executive, or owner is named anywhere, and the company's public face is its product, its documentation, and its sales mailboxes. It is still processing in 2026, with documentation updated mid-year, serving offshore gambling and high-risk merchants from its unlicensed base.
Corporate
Milestones
- 2018
AlphaPo begins operating as a custodial crypto payment provider for gambling and e-commerce, out of Panama and Curacao.
- 2026
AlphaPo is still processing, with documentation updated mid-year, and remains an offshore, unlicensed custodial rail.
Where they're pushing next
- Offshore crypto-first casinos and betting sites
- High-risk e-commerce and subscription merchants
Longevity and ownership
Switching vendors is expensive, which makes the company's staying power part of the purchase. What the contract says about your data decides how expensive an exit gets.
AlphaPo vs alternatives
No two vendors describe themselves the same way, which makes their own claims hard to line up. Every name here answers the same fields, so you can see where this one sits against the closest alternatives.
| Attribute | AlphaPo | CoinsPaid | Bitpace | NOWPayments |
|---|---|---|---|---|
| Founded | 2018 | 2014 | 2016 | 2019 |
| Team | — | 200+ | — | 22+ |
| US market | Restricted | Restricted | Restricted | Restricted |
| Pricing | On request | Public | On request | Public |
| Currencies | 23+ | 40+ | 20+ | 21+ |
| Coins | 22+ | 20+ | 70+ | 350+ |
| Settlement | Deposits credited in 3 seconds into custodial balances, with fiat accumulation and bank settlement from the merchant dashboard | Near-instant crypto-to-fiat at a rate locked when the payment is made (Jul 2026) | Seconds to minutes after blockchain confirmation, with auto-conversion to USD, EUR, or USDC | Per transaction, in minutes (Jul 2026) |
| Instant payouts | Yes | Yes | Yes | Yes |
The take: CoinsPaid is the gambling-native flagship of the segment, larger and audited with named clients AlphaPo lacks. Bitpace is another offshore-leaning option, but with EU VASP registrations AlphaPo cannot show. NOWPayments brings a far bigger coin list with no license either. AlphaPo ranks near the floor: a real, gambling-native offshore rail, priced above its headline and unlicensed, for operators who can carry that posture.
Settlement & commercials
AlphaPo prices per deal, so exact figures land in the contract rather than on a public rate card.
No rate card anywhere: the fee schedule lives in the merchant dashboard, with per-currency fees, conversion variants, and minimums. Third-party estimates cite an advertised 0.5% to 1.5% that runs closer to 1% to 3.5% all-in once conversion spreads, fiat-withdrawal fees of 1% to 3%, setup charges, and monthly inactivity fees are counted (Jul 2026).
AlphaPo publishes no rates anywhere: the fee schedule sits in the merchant dashboard, with a public BTC minimum-deposit-fee band of EUR 1-8 adjusted weekly and ETH gas passed through as a transfer fee. Third-party estimates put the advertised rate at 0.5% to 1.5% and the effective all-in cost at roughly 1% to 3.5%. A free 30-day trial exists, and there is no chargeback exposure on the crypto rail.
The deal
Money movement
Onboarding path
- 1Start with the counterparty: AlphaPo is offshore in Panama and Curacao, unlicensed, custodial, and run by an unnamed team
- 2Decide whether your own license and banking can tolerate an unlicensed, custodial processor with no disclosed license behind it
- 3If proceeding, scope the build against the public docs at docs.alphapo.net (OpenAPI spec, Postman collection) and take the free 30-day trial
- 4Integrate the custodial gateway and payout flows, or take the Norbr orchestration route
- 5Model the true fee from your dashboard schedule: third-party estimates budget 1% to 3.5% all-in against a 0.5% to 1.5% headline, counting conversion, fiat-withdrawal, setup, and inactivity charges
- 6Go live, sweeping balances out rather than holding them given the custodial model
Support & account management
You can't demo service before you sign, so what a vendor puts in writing is the only floor you can hold it to.
Frequently asked
The things operators actually ask before signing.
How does custody work at AlphaPo?+
AlphaPo is custodial: deposits credit into balances the company holds, accumulate across 23-plus fiat currencies, and settle to the merchant's registered bank account from the dashboard. There is no regulated safeguarding regime behind those balances, since the company holds no disclosed license, so the practical posture is sweeping balances out on a tight cadence rather than treating the dashboard as a treasury. Auto-sweep to merchant cold addresses, IP allowlists, 2FA, and withdrawal limits are the merchant-side controls.
Is AlphaPo licensed?+
There is no disclosed license anywhere. The operating company, AlphaPo Solution Inc., is incorporated in Panama and based in Curacao, holds no MiCA CASP, and discloses no VASP, EMI, or gambling-supplier license. It holds merchant funds custodially, so for a regulated operator this is an unlicensed, offshore counterparty holding your money.
What does AlphaPo cost, and how does it work?+
There is no rate card anywhere: the fee schedule sits in the merchant dashboard, and the one public number is a BTC minimum deposit fee that adjusts weekly between EUR 1 and 8. Third-party comparisons cite an advertised 0.5% to 1.5% and an effective 1% to 3.5% all-in once conversion spreads, fiat-withdrawal fees of 1% to 3%, setup charges, and monthly inactivity fees are counted. The product itself is a custodial gateway accepting about 22 published coins and accumulating balances across 23-plus fiat currencies, with mass payouts to players, instant withdrawals on BTC, BCH, LTC, and DOGE, and bank settlement, aimed at offshore gambling and e-commerce.