14 Best Coinbase Alternatives (Apps Like Coinbase)

Last Updated on May 30, 2021 by Jason

There are currently more cryptocurrencies than you might be able to think of. In fact, there are now over 250 different cryptocurrency exchanges that come together for a combined market cap of more than $300 billion.

So, what exactly is a cryptocurrency exchange? Well, it is a business that is essentially a marketplace where sellers and buyers can come to exchange digital cryptocurrency for money, or other digital currency. For some investors out there, the exchange can also be used as a digital wallet, or coin tracker.

Coinbase is easily one of the biggest exchange platforms out there, and if you’ve been reading the news lately, you will have noticed that they just made their debut on Nasdaq, having done pretty well for themselves.

However, in the world of cryptocurrency, a lot can change in a very short amount of time, which is why we suggest that you have a few options up your sleeve, to keep your cryptocurrency safe, and to conduct low-risk, high-yielding trades.

This is why we think that you need to have more than one cryptocurrency platform you can rely on, and it can’t hurt to know about the best ones in the industry.

Let’s take a look at the best Coinbase alternatives on the market currently, so that you can become successful and make the right decisions for your cryptocurrency.

Best Coinbase Alternatives

Binance

Binance

Binance is at the top of our list because they launched their exchange platform back in 2017, and very quickly became one of the biggest platforms when it came to adjusted trading volume. They now have the ability to help their clients trade more than 160 cryptocurrencies, and more than 500 trading pairs. As a result, we believe that this exchange platform offers you one of the biggest selections out there.

They are accessible both on desktop and mobile, and the best part is that they don’t charge their clients deposit or withdrawal fees. Deposit and withdrawal fees are a big contention in this industry, so coming across a company that doesn’t charge anything for them is a big deal.

They are definitely one of the best Coinbase alternatives that we have found, and while they might not be well-suited to you if you’re someone who already has a lot of trading experience, they are great if you are just starting out and need a company that’s going to take care of you and make the entire process really easy.

Pionex

Pionex

Pionex is an ideal Coinbase alternative for a number of reasons. They say that they are one of the most advanced crypto trading bots out there as well, so that you can automate a big part of your exchanges and focus instead of everything else in your life. The thing about trading online is that it can take up a lot of time, so if you’ve got a platform that is willing not only to host your trades but to help you automate them, you’re doing really well for yourself.

In fact, they have 12 free trading bots for their clients to choose from, and they say that you can automate the process around the clock, so that you don’t have to constantly be checking the markets for certainty and good opportunities. They have a trading free, but we think that it’s lower than some of the other exchanges out there. They also offer their clients a grid trading bot, as well as a leverage grid trading bot. These guys are a great all-rounder if you’re hoping to get everything done under one roof and you don’t really want to have to go anywhere else for a long time.

BitFinex

BitFinex is an ideal Coinbase alternative because they can help you easily exchange various cryptocurrencies, including Bitcoin and Ethereum, and even Litecoin. One of the things that we like about this trading platform is that it lets you access peer-to-peer financing, and they have a long list of advanced tools that you can capitalize on so that you don’t have to be the greenest person on the platform.

You can easily integrate this product with a wide range of products and platforms, and you can use them either on iOS or Android, so that you don’t have to miss out if you use either one. The long list of tools that they offer their clients makes trading super easy, and it lets you measure your trading performance with in-depth reports, so that you can work out what’s doing really well and what’s not.

eToro

eToro

eToro is a great Coinbase alternative because they know that you will be wanting to build up your cryptocurrency portfolio, but you want to take measured risks to do so. One of the things that is great about this exchange platform is that they let you execute your trading decisions almost immediately, and it’s not going to take tons of approval to make it happen.

This platform is protected by security protocols that are some of the best in the industry, which means that you don’t have to worry about your assets being infiltrated and stolen at any point. The platform also promises never to share any of your private data without your prior permission, and they keep you funds safe and secure in reputable banks.

The best part? There is no broker fee that will be charged when you open or close a position. At the end of the day, this platform wants to help its clients trade with confidence, so that you can make the right decisions for your funds, and you don’t have to miss out on great trading opportunities by getting bogged down by the technical side of things.

CEX.IO

CEX.IO

CEX.IO is a great Coinbase alternative that can help you exchange Bitcoin, as well as other cryptocurrency that you might already have. We love that they can help you deposit funds in a variety of different ways, from MasterCard and PayPal to Visa. They offer their clients an online program that makes it really easy for you to secure data and assets.

With this platform, you can trade USD for Ethereum, Bitcoin, and other cryptos, and it has full data encryption, which means that it can easily protect its users against DDOS infiltration. They say that they can help you trade with ten times to leverage, and you don’t even have to create a new account to make this happen. You can use them either on your computer, or through your mobile, so that you can take your trades wherever you go. If you want to see how your trades have gone in the past so that you know what to improve on, you can download their comprehensive reports.

IDEX

IDEX

IDEX is a reliable, effective Coinbase alternative that can help you with competitive fees and complete anonymity. They say that they have availability for their platform around the world, so it doesn’t matter where you’re located, you can make the most of your trades through a safe exchange. One of the things that stands out to us the most about this Coinbase alternative is that they offer more than 400 pairs of cryptocurrencies, and you can cancel your trades if you’re getting cold feet without wasting gas.

The other thing to take note about this exchange platform is that its decentralized, so that you don’t have to worry about someone else being in control of what you do when it comes to your trades. Instead, you get to be part of a community, and maintain complete autonomy over everything your cryptocurrency does.

BitMEX

BitMEX

BitMEX is somewhat of a pioneer in the cryptocurrency trading industry because they were one of the first platforms to offer margin trading for Bitcoin. They got their start back in 2014, and they now offer you the option of trading with more than nine cryptocurrencies, which is pretty impressive for the caliber that they’re sitting at currently. The thing to note is that their users can only margin trade on BitMEX, which means that you can’t purchase Bitcoin directly on the platform. This means that if you want to deposit funds, then you will need to use a crypto exchange and then transfer your funds to your account with BitMEX.

They talk about how they provide their clients with one hundred times the leverage and have a high level of liquidity available. They also say that they offer their clients charts and advanced trading tools, and they support anonymity, so that you can do everything in peace and not worry about everyone seeing where you are putting your virtual assets.

Bistamp

Bistamp

Bistamp is based in Luxembourg, and it got its start back in 2011, which means that its hard ten years of experience helping its clients trade safely online. We love that they can help you with Bitcoin, as well as Ripple, Litecoin, Bitcoin Cash and Ethereum. They offer their clients upfront, low fees that are honest, which means that you won’t get stung with hidden ones further down the track. As you might have been able to guess already, they also have a really good reputation so far, and their flat withdrawals are going to take around 2-3 business days.

No, this company isn’t perfect, but we think that they have put a lot of time and effort into their features to be a pretty great Coinbase alternative that includes a lot of advantages. Again, one of the things that stands out to us the most about these guys is that they have low fees, so that you don’t have to give up too much of your cash for the convenience of their platform.

Liquid

Liquid

Liquid is a Coinbase alternative that is based in Japan, and it has managed to garner itself a pretty impressive record when it comes to helping its clients trade safely and trade well online. They have managed to gain high liquidity status in just two years, which when compared to other platforms is really impressive. They also say that they have reached more than $250 million in daily trading, and they haven’t even tapped into the American market yet. They focus on regulatory compliance as well, so that you never have to worry about any of your trades being riskier than you’d expect.

Besides the fact that they haven’t reached out to the US market yet, it’s hard to find anything wrong with this crypto trading platform. They have more than 80 cryptocurrencies for you to choose from, and they offer their clients competitive trading fees, as well as margin trading, and you can do everything through their mobile app as well.

Changelly

Changelly

Changelly has a way of making all of your online trades a breeze, which notably means that if you aren’t very experienced in this industry, you can still end up doing really well. They say that they provide enhance trading for their clients with their brand-new trading platform, and they have a secure, fast way for you to purchase and exchange more than 150 cryptocurrencies, whenever you want. If you go onto their website, you will see that they also offer their clients around the clock support for your trades, as well as some of the best rates on the market.

If you want fast transactions, you have come to the right place. Within just 30 minutes you can get your trades done, which is great if you’re trying to make a bit of money in your lunch break. They say that their fees are transparent and reasonable, so like some of the other platforms on this list, they are committed to helping their clients without forcing them to break the bank. Lastly, they offer high exchange limits.

Paxful

Paxful

Paxful is a really great Coinbase alternative that has a way of being able to help its clients through more than 350 different payment methods. They say that they can help you with your trades either through Amazon Gift Card, PayPal, or bank transfer, which is another level of flexibility that you won’t find too often in this industry. With thousands of trusted offers being executed every day, it’s a no brainer to use this kind of platform if you want your assets to be encrypted. Another thing that we love about this platform is that they can help their clients store their assets with online wallets, and you can pay cash for your Bitcoin, too.

They’ve had a lot of press lately, and of course all of it is positive. If you want to side with a company that really knows what they’re doing and is committed to helping their clients no matter what this looks like, then we highly suggest checking out a company like this.

Gemini

Gemini

Gemini can help you trade and purchase cryptocurrency straight away, and they can of course help you not only with Bitcoin, but with every other major cryptocurrency out there. One of the things that we like a lot about this Coinbase alternative is that they have tools for both active traders and crypto beginners, so that you can make the most of their resources no matter what level you’re at in the industry.

They also talk about how they use industry-led security with every aspect of their website, so that you can safely store away your assets and bring them out to trade without having to worry about who’s seeing them, and whether they are at risk of being stolen or not. Based in New York, this is a licensed trading company that regularly goes under the spotlight when it comes to bank examination, so that you can trust that they are up to compliance and committed to helping their clients trade with ease.

Kraken

Kraken

Kraken has a way of being the kind of Coinbase alternative you need if you want to maintain control over your cryptocurrency, while being able to make the most of their robust and reliable tools. They say that they are consistently rated the best and most secure crypto exchange, and they have a lot of different options for you to choose from. This means that whether you are a beginner or you have a lot of experience, they can make the process super easy.

As you might have been able to guess, they have a lot of information that they are willing to supply their clients with, so that you can make well-informed trades and be connected to the right parts of the industry based on the cryptocurrencies that you are trading.

Local Bitcoins

Local Bitcoins

This exchange platform is, as you might have been able to guess already, the kind of Coinbase alternative that can help you sell and trade Bitcoin. They say that they have quick buy and quick sell options, so that you can exchange your cryptocurrency in an easy, fast and secure way. The best part is that you can sign up with them for free, and you can get the latest information around all of your most important trades.

Final Thoughts

So, there you have it – what we think are the best Coinbase alternatives in the industry right now. The thing about Coinbase alternatives is that they are intended to prop up an already booming exchange platform, and they are a great option should anything happen to the biggest and the best.

We think that any of the options that we have talked about above are more than capable of helping you conduct successful trades online with your cryptocurrency, so it all comes down to what features you are hoping to find, and what your personal preferences are. Good luck, and don’t be afraid to try a few out before you commit to anything long-term!

D382E4E1 97E7 42AF 98C2 8BFCCBC06D0F
Jasonhttps://earthweb.com/
Hi! I'm the editor at EarthWeb. I have a deep interest in technology and business. I also enjoy testing products out. Contact me to be featured!

More from author

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Pin It on Pinterest

Share This