Discover the Top 10 User-Friendly Alternatives to Coinbase for Your Crypto Transactions in 2023
Are you looking for alternatives to Coinbase for buying and selling cryptocurrency? Perhaps the fees on Coinbase are too high for you, or maybe you’re seeking more crypto options to diversify your investments. Well, you’re in luck because we’re about to share some of the best sites and apps for trading cryptocurrency, besides Coinbase.
Coinbase is a good option if you’re new to the crypto world. It’s easy to use, and you can directly transfer cash from your bank account to buy digital currencies. But, you should know that Coinbase does have its limitations, especially its fees which can pile up if you’re dealing with large sums of crypto.
On top of that, you’ll need to wait a few days before you can transfer your currencies due to anti-fraud features. Plus, the crypto options on Coinbase can be a bit limited. So, if you’re not satisfied with what Coinbase has to offer, let’s check out some alternatives:
1. **Binance**: A top choice for many with an extensive lineup of over 150 different cryptocurrencies, all paired with multiple fiat currencies. It has low fees and is available on multiple platforms, including desktop and mobile apps.
2. **Kraken**: One of the older players in the crypto exchange market, offering over 60 listed cryptocurrencies. It comes with excellent security features and reasonable fees.
3. **Gemini**: Offers exchange service for over 60 coin currencies, and despite not supporting cashing out to fiat currencies, they offer a credit card that allows Bitcoin rewards on purchases.
4. **eToro**: Primarily a crypto broker, eToro offers a unique feature known as CopyTrader that allows you to mimic the actions of pro investors, perfect for newcomers.
5. **Crypto.com**: Perfect for businesses wanting to accept crypto payments and supports over 90 different digital assets.
6. **Uphold**: Ideal for both individuals and businesses, Uphold supports the trading and earning of crypto via staking.
7. **Coinmama**: A good option for buying crypto with local fiat currency, but they only support 15 different coins and do not offer peer-to-peer trading.
8. **Public**: A great platform for beginners that also offers a social platform, enabling traders to learn from each other. However, your crypto holdings can’t be transferred to your own wallet.
9. **Webull**: A commission-free platform with various resources to learn about stock markets and develop your trading strategy.
10. **Robinhood**: Offers low-cost trading with no balance requirements and permission for small-quantity trading.
Remember that it’s crucial to consider the user interface, supported coins, operational rules, wallet compatibility and fee structure of each platform before making a decision. No matter the exchange you choose, ensure that it meets your specific trading needs so you can effectively dive into the world of crypto trading.
