5 Best Alternatives to Coinbase
About Coinbase
Coinbase is a popular platform to buy, sell, and store cryptocurrencies like Bitcoin, Ethereum, and more. Brian Armstrong and Fred Ehrsam founded Coinbase on June 20, 2012. With Coinbase buying Bitcoin and other cryptocurrencies is as easy as buying a stock through an online brokerage. It lets users create their bitcoin wallets and start trading bitcoins by connecting with their bank accounts. Coinbase also provides has additional merchant payment processing systems and tools for high traffic websites.
Coinbase offers a secure platform to buy and trade cryptocurrencies. Coinbase is offering to trade nearly 100 cryptocurrencies. Coinbase wallet is one of the safest web wallets you can use as it holds 98% of its assets offline so that cyber threats cannot access the wallet. As your USD wallet is FDIC-insured up to $250,000, Coinbase is the safest option for U.S. customers.
5 Coinbase Alternatives
Bitcoin is the most popular cryptocurrency. Now, there are more like, Ethereum, Binance Coin, Tether, Solana, SHIBA INU, etc. According to a Blind survey, 50% of professionals trust cryptocurrency and 57% currently own cryptocurrencies. Now, most of the average financially wise people are interesting in cryptocurrencies. And if you need to buy or sell them, you need to find a cryptocurrency exchange platform. Coinbase is a popular option. But there are more.
Here, we have gathered the best Alternatives to Coinbase together in a list. We will open up all about the best features, compatibility, functionalities, and pricing of these platforms. Let us begin.
1. Binance
Binance is a cryptocurrency exchange Alternative to Coinbase. It is currently the largest exchange in the world in terms of the daily trading volume of cryptocurrencies. Binance offers over 200+, in addition to customer support available any time through the platform’s online contact form. Binance allows remote workers to buy & sell crypto in minutes, with no hassle. Binance is compatible with Web, iOS, Android, and PC clients. You can set price alerts with a single tap to stay up to date on the latest prices and trends. Binance.US charges a flat 0.1% spot trading fee. Fees range between 0.1%-5% depending on the payment method.
2. Bitfinex
Bitfinex is a cryptocurrency exchange with a graphical trading experience with advanced charting functionality that allows traders to visualize orders, positions, and price alerts. Bitfinex is one of the first professional platforms set up to accommodate the booming interest in cryptocurrency trading. Bitfinex allows you to trade Litecoin, Ethereum, EOS, Zcash, TRON, Santiment, Qtum, ETP, 0x, QASH, Eidoo, RCN, YOYOW, and other cryptocurrencies. The exchange is well suited for advanced traders and also supplies the option for margin trading and lending. Bitfinex Integrates with multiple products and platforms. Bitfinex 0-0.35% maker/taker fees. You can earn up to 10% on all commissions your referred friends spend on trades.
3. Gemini
Gemini is a regulated cryptocurrency exchange, wallet, and custodian that makes it simple and secure to buy bitcoin, ether, and other cryptocurrencies. It is a great alternative to Coinbase. Gemini offers elegance and simplicity on its platform, where you can build a crypto portfolio for yourself. It also offers Up to 3% back in Bitcoin and other cryptos on purchases with a Gemini credit card. U.S. Gemini dollars held in the account are eligible for FDIC insurance. New investors will love the streamlined interface of Gemini’s mobile and web apps, while advanced investors might appreciate all the tools that come with ActiveTrader. Gemini offers a variety of fee schedules depending on product & usage level. It has a fixed fee for trades under $200 or 1.49% for trades over $200, 3.49% debit, or credit card purchase.
4. Kraken
Kraken is more than just a Bitcoin trading platform. It is the best place to buy, sell, trade, and learn about crypto. Kraken platform currently supports over 15 cryptocurrencies and 5 fiat currencies, which makes its offerings larger than many cryptocurrency trading hubs on the market. It is the largest Bitcoin exchange in euro volume and liquidity. One thing that makes Kraken superior to Coinbase is the verification level feature. These are Starter, Express, Intermediate, and Pro. It has Cold storage, two-factor authentication, and Wire transfer. Kraken charges 0% to 0.26% fees on the total value of orders.
5. Coinmama
Coinmama is a basic, easy-to-use cryptocurrency exchange where you can purchase a small selection of digital currencies or invest in Bitcoin. Coinmama doesn't facilitate transactions between buyers and sellers; all cryptocurrencies sold are from Coinmama’s inventory, so the transaction is between users and the company. Coinmama is also one of the most accessible exchanges in the world and offers compatibility in 130 countries and counting. Coinmama also features higher spending limits than most other platforms available, so its website is especially popular with professional and high-balance investors. Coin mama Commission rates vary by Loyalty level, starting from 3.81% for buyers and 3.90% for sellers.
More Coinbase Alternatives
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