Coinbase is easily one of the best platforms to trade not only Bitcoin but other cryptocurrencies on the market. They are reliable, hardworking, and they really listen to what their clients need.
Plus, you can access them via your bank account, and the app itself is encrypted so that you don’t have to worry about any of your personal information getting stolen or hacked.
However, because the cryptocurrency industry is ever-changing, we suggest that you’ve got a couple of other exchange platforms up your sleeve that you can rely on should something happen. You never know what the future holds, so it’s best to be prepared.
Top Coinbase Alternatives
With this in mind, let’s review what we believe to be the best Coinbase alternatives out there right now so that you can set yourself up for success, and trade well.
Binance is not only an exchange platform for Bitcoin, it’s an exchange platform for cryptocurrency in general. This Coinbase alternative says that they can help their clients buy and sell cryptocurrency within minutes, and they believe that they are one of the world’s biggest cryptocurrency exchange platforms.
One of the things that we love about this trading platform is that they say they are compatible with multiple devices, which means that you can not only trade conveniently and safely, but you can take them wherever you go.
They also offer their clients around-the-clock support, as well as an active community, so that you can network with other traders, and get inside tips on where to put your cryptocurrency.
Pionex is an excellent Coinbase alternative because they are not only a trading platform that you can trade multiple cryptocurrencies on, but they offer their clients trading bots as well.
They say that they offer their clients more than 12 free crypto trading bots so that you can get help streamlining your exchanges and trades conveniently. They have a lot of information on their website about how they work and how you can trade better, including how to use a grid trading bot to make money.
They have developed a lot of communities around their features so that you can make the best decisions for your cryptocurrency and rely on what others are doing.
BitFinex is another Coinbase alternative that is easy to use, easy to sign up for, and easy to take wherever you need to on the go.
One of the things that we love about this cryptocurrency exchange platform is that they have a demo so that you can see how they work before you commit to anything, and they believe that their world-class training platform has helped thousands of people so far.
They say that they offer order books with top-tier liquidity, which means that you can easily exchange Bitcoin and other cryptocurrencies with minimal slippage. They also say that they provide their clients with margin funding, margin trading, and a customizable interface.
eToro is a leading Coinbase alternative and the type of exchange platform that can help you trade in confidence so that you never have to miss out on another perfectly-timed trading opportunity again.
They say that the first thing you need to do is choose an investment product to get started, and then you will quickly realize why these guys have more than 10 million clients already.
The best part is that you can invest your cryptocurrency commission-free, and they say that there are no markups on leading exchanges, no matter how much money you end up investing.
If you are new to investing, they even have trading strategies that have been developed by top-performing traders that you can apply to your own trades.
CEX.IO is a Coinbase alternative that calls itself a guide to the world of an open financial system.
They say that they are one of the easiest and most secure platforms to buy and trade cryptocurrency, and they can help you not only with Bitcoin but with Ethereum and Litecoin as well.
They say that you can purchase your cryptocurrency with a debit or credit card, and quickly purchase the top cryptocurrencies that are performing right now.
When you do end up making a good trade, you can easily withdraw your money into your bank account, and they say that their platform is encrypted in every way, so you don’t have to worry about your sensitive information being stolen.
They also pride themselves on having reliable order execution.
Local Bitcoins is a Coinbase alternative and one of the best exchange platforms to buy and sell Bitcoin everywhere, wherever you are in the world. They say that they can help their clients trade Bitcoin person-to-person in a fast, secure, and easy way.
The best part is that you can get started with them for free, and you can tap into their vast network and community of fellow traders that have a lot of existing expertise to go on.
Kraken is a direct Coinbase alternative and competitor, and believes they’re the kind of platform that can put the power in their client’s hands so that they can safely and securely buy, sell, and trade digital currency.
They believe that they have been consistently rated the best and most secure cryptocurrency exchange in the industry, and the best part is that they can help you in a variety of different ways.
If you are brand new to cryptocurrency, and you need someone to explain how it all works, they can assist you with this, but they can also help you if you are trying to take your investments to the next level, or you are looking for something that your current platform (like Coinbase) isn’t offering.
Needless to say, they had pretty much everything you need to do well with your online trading.
Gemini is a simple, yet effective Coinbase alternative that says they can help their clients buy cryptocurrency like Bitcoin instantly.
They say that their interface is simple, and elegant so that you can seamlessly build up your cryptocurrency portfolio and store it for a rainy day. They also have an affiliate program and believe that they have all the features you need if you are new to the cryptocurrency industry.
However, they also believe that they’ve got all the features you need if you are an experienced trader. They are confident that they build each and every one of their features with industry-leading security and will never compromise on this.
Paxful is a Coinbase alternative that helps its clients effortlessly earn cryptocurrency, and the best part is that you can buy and sell your digital cryptocurrencies with more than 350 different payment methods. Of course, this means that you can choose from options like bank transfer, Amazon gift card, or PayPal.
They have a client base that comprises more than 4 million people right now, and they say that their online wallets make it really easy for you to store and trade your cryptocurrencies.
In fact, you can trade virtually anything you own, from groceries and appliances to gold and cars for Bitcoin.
Changelly says that they offer their clients a simple cryptocurrency exchange platform, and they have recently updated their exchange platform for enhanced trading.
They say that they are one of the fastest and most secure ways to exchange and purchase more than 150 cryptocurrencies, and they make sure that you can do all of this safely through their 24/7 live chat support.
They believe that they have some of the best rates on the market, as well as reasonable and transparent fees, and high exchange limits. The best part is that their transactions are quick, and as we mentioned, they have around-the-clock customer support.
Liquid is a cryptocurrency exchange platform based in Japan, and so far, it has a pretty impressive record. Over the last couple of years, it has reached high liquidity status, which means that it has clocked in more than $250 million in daily trading volume.
What’s amazing about this is that it doesn’t even serve the American market yet. Obviously, this exchange platform has a really impressive road map and also has a special focus on regulatory compliance. We think that it comes with competitive fees, a lot of margin trading options, and regulatory compliance.
Honestly, it’s tough to come up with any disadvantages to a Coinbase alternative like this, and we suggest that you watch this space as they prepare their features for the US market.
Bistamp is a Coinbase alternative that operates out of Luxembourg, and it has actually been doing its thing since 2011. This means that it is one of the most well-established European cryptocurrency exchanges, and can help you exchange Bitcoin, Ethereum, Litecoin and Bitcoin cash, among other cryptocurrencies.
We love that this cryptocurrency exchange platform offers its clients low, transparent fees, as well as strong security and a good reputation. They also have a number of different withdrawal methods and deposit options for you to choose from, with their withdrawals taking around two to three business days.
They say that their response time for their customer support team is between 24 and 72 hours. You can fund your account through credit card or wire transfer, and their mobile app is available for Android and iOS.
BitMex is a Coinbase alternative that also happens to be one of the first exchanges to offer margin trading for Bitcoin. These guys got their start back in 2014, and they have since gone on to now offer their clients more than nine different cryptocurrencies to trade with.
The thing about this exchange platform to keep in mind is that you can only margin trade through their features, which means that you can’t actually directly buy Bitcoin. In order to deposit any funds, you will need to first use a cryptocurrency exchange, and then transfer your Bitcoin to your account with BitMEX.
However, they do offer their clients high liquidity, as well as advanced charts and trading tools. If you are relatively new to the crypto trading landscape, then this is definitely the type of platform you will want to check out.
IDEX is a Coinbase alternative that is a clear industry leader, with a lot of satisfied clients. They say that they offer their clients competitive fees, and the best part is that their platform is available around the world, so you can access it wherever you are.
It also supports anonymity, as well as more than 400 cryptocurrency pairs. You can trade directly from your wallet through their dashboard, and you can also cancel trades without having to lose anything in the process.
Because there are a lot of people out there that are hacking into people’s exchanges online, it’s worth using platforms like this, where the entire exchange platform is decentralized, and your information is kept away from would-be thieves.
So, there it is – a list of what we believe to be the best Coinbase alternatives in the industry right now.
Whether you are a veteran of the cryptocurrency industry, or you’ve just dipped your toe in the water and are wanting to find out more about how it works, you can make the most of these trustworthy, reliable exchange platforms.
Some have been in business for years, and some are only a couple of years old, but no matter how much experience they have, we believe that they all have the expertise that you need to do really well with your cryptocurrency trades.
Good luck, and don’t forget to take advantage of any free trials that you come across.