Bcon: Non-Custodial No-KYC Crypto Payment Gateway

Overview

Bcon is a non-custodial crypto payment gateway founded in 2021, enabling merchants to accept cryptocurrency payments directly to their wallet with no KYC, no custodial hold and no access to private keys. The platform uses P2P settlement across multiple blockchains, meaning crypto flows directly from the payer to the merchant’s wallet without passing through a custodial intermediary.

Bcon’s non-custodial model is its defining feature: by avoiding internal service balances and not acting as a custodian, Bcon eliminates the counterparty and platform-related risks common with custodial payment gateways. Merchants retain full control over their funds at all times, and because Bcon does not run KYC on merchants or their customers, little to no personal data is collected — a privacy-first approach.

The platform supports major cryptocurrencies including BTC, ETH and USDT across multiple blockchains, and charges a 1% service fee per transaction. As of August 2026, Bcon continues to operate as a non-custodial, no-KYC payment gateway serving privacy-conscious merchants.

Best for: Privacy-conscious merchants who want to accept crypto directly to their own wallet with no KYC, no custodial risk and no third-party hold on funds.

Fees & Pricing

Bcon charges a 1% service fee per transaction. There are no additional platform processing fees on top — the only other cost is underlying network gas.

Cost model

Service fee — 1% per transaction.
Network fees — underlying blockchain gas applies for on-chain settlement.
No platform fee — no additional processing fee beyond the 1% service fee.
No custody fees — funds go directly to the merchant’s wallet, so no custodial hold or withdrawal fees.

Settlement

On-chain P2P settlement — crypto flows directly from payer to merchant wallet at chain finality.
No custodial hold — the merchant receives funds immediately on confirmation.

Features & Integrations

Non-custodial payments

Direct wallet delivery — crypto goes straight to the merchant’s wallet, not a platform balance.
No private keys required — Bcon does not access merchant private keys.
P2P settlement — payer-to-merchant on-chain settlement with no intermediary.

Privacy & compliance

No KYC — Bcon does not run KYC on merchants or their customers.
Minimal data collection — little to no personal data collected.
Privacy-first — designed for merchants who want to avoid custodial and data-collection risk.

Multi-blockchain support

Supports BTC, ETH, USDT and other major cryptocurrencies across multiple blockchains.

Pros & Cons

Pros

Non-custodial — funds go directly to the merchant's wallet with no platform hold
No KYC required for merchants or their customers
No access to private keys — merchants retain full control of funds
Low 1% service fee with no additional platform processing fees
P2P on-chain settlement eliminates counterparty and platform-related risk

Cons

No KYC may limit suitability for regulated merchants or jurisdictions requiring compliance
Privacy-first approach means fewer built-in compliance tools vs. regulated gateways
On-chain settlement means network gas is the merchant's cost to absorb or pass on
No fiat settlement — merchants receive crypto, not fiat
Smaller brand footprint than mainstream custodial gateways

Frequently Asked Questions

What is Bcon?

A non-custodial crypto payment gateway founded in 2021, enabling merchants to accept crypto payments directly to their wallet with no KYC, no custodial hold and no access to private keys, using P2P on-chain settlement.

How much does Bcon cost?

A 1% service fee per transaction, plus underlying network gas. There are no additional platform processing or custody fees.

Does Bcon require KYC?

No — Bcon does not run KYC on merchants or their customers, and collects little to no personal data.

Is Bcon custodial?

No — Bcon is non-custodial. Crypto flows directly from the payer to the merchant's wallet via P2P on-chain settlement, with no platform hold on funds.