Do crypto hotel payments have exchange rate risk?
No. trip1 locks the crypto amount at checkout for the payment window. CoinGate handles conversion, so the hotel gets its listed fiat price.
Updated
The rate is locked at checkout
When you choose Pay with crypto at trip1 checkout, CoinGate quotes the exact crypto amount you owe based on the current market rate for the coin and network you selected. That amount is locked for the duration of the payment window, usually 15 minutes.
If you send the quoted amount within that window, price movement in either direction doesn't change anything. You paid what was quoted, and the hotel receives the full fiat price.
Why the hotel takes no risk
CoinGate settles with hotels in fiat currency, converting your crypto payment as soon as it's confirmed on-chain. This is how MiCA-licensed processors work - the merchant never holds crypto and never sees volatility. From the hotel's side, it's a normal fiat booking.
What if the window expires
If you don't send in time, the invoice expires. Start a new payment and CoinGate will quote a fresh amount at the then-current rate. You're never locked into a stale price.
trip1 crypto exchange rate risk - FAQ
Yes. CoinGate locks the crypto amount at the quoted rate for the duration of the payment window, usually 15 minutes from when you open the checkout.
Nothing changes for you or the hotel. The rate was locked at checkout, and CoinGate settles with the hotel at that fixed rate.
Yes. USDC tracks the US dollar, so the crypto amount you send has effectively no price volatility during the payment window.
The invoice expires and CoinGate quotes a fresh amount based on the current market rate. You're not locked into an old quote.
