Buy & Sell Cryptocurrency | Platforms Alternative To Coinbase
Cryptocurrency is digital or virtual money. It functions as a medium of secure exchange and transfer using cryptography.
The first cryptocurrency happens to be Bitcoin introduced back in 2009 and ever since have been the talk of the market. Ever since various platform have sprung up for buying, selling, storing and transferring these coins.
Coinbase – a US-based cryptocurrency platform trading in Bitcoin, Ethereum, and Litecoin is one of the primary platforms where most beginners head to while starting off as newbie. This is because Coinbase has time and again proven itself as highly trustworthy and user-friendly.
But sadly, Coinbase comes with its fair proportion of downsides and drawbacks. It is not available in most countries which makes it quite difficult to trade.
Here are 5 best alternatives for Coinbase that will help you in buying/selling cryptocurrency.
Best Alternatives to Buying Crypto Currency
Changelly allows consumer-buyers to convert cryptocurrencies without much delay. Even though new to the market, no untoward incidents have been reported concerning this new player in the market. Changelly will hold on to your funds for a short period of time so that if the company acts suspiciously, users can warn the entire community about it.
Changelly charges 0.5% for every trade done through it. It does not ask for any data from its customers and at times its rate of exchange is higher compared to others.
Changelly accepts majority of the cryptocurrency kinds out there. It in turn is open to receiving payouts with these same tokens. You may use either credit cards or debit cards to make your transactions but the charges may rise considerably. However, to break the ice and make trading easier, Changelly imposes high ceiling and sound liquidity. Conversions here last from five to 30 minutes and only demands your e-mail address.
Binance is one of the biggest cryptocurrency exchange platform when it comes to Altcoins. With a strong base on the Chinese market, Binance is on the verge of becoming the top choice for US and European crypto altcoin investors. It is user-friendly, trustworthy and is swiftly gaining fan base with each passing day.
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The platform offers both basic and advanced settings for beginners and seasoned traders respectively. Binance supports and favors English and Chinese users. It even mints its own coin named BNB that was first launched during the ICO event with the objective to fund the growth of Binance exchange.
Binance charges 0.1% as trading fee. You can trade all the major coins be it BTC, ETH, LTC, BNB, XVG, NEO or TRX etc. from this platform.Download the Binance App Now.
Gemini is another Bitcoin exchange platform that is rated as one of the top in the world. With the perfect user friendly UI, buying BTC/ETH though Gemini is like child’s play for newbies. You get to buy Bitcoin and Ethereum through bank transfer.
Currently, Gemini is mostly used in 46 US states, and other countries like the UK, Washington D.C., Puerto Rico, Canada, South Korea, Hong Kong and Singapore.
To top it all, Gemini does not charge anything for any withdrawal and deposits made through the platform thus making in cost friendly as well. Unlike Coinbase whose crypto price is 2-5% higher than the market price, Gemini is quite affordable that way.
With a powerful presence in 99% countries of the world, Cex.io is one of the most reputable exchanges from London. This platform also allows clients to trade Bitcoin and Ethereum via. Credit card, Debit card and Bank Transfer.
Extending its territory, Cex.io has recently added other cryptocurrencies such as DASH, BCH, LTC, XRP, ZEC etc. for exchange as well. What makes Cex.io very efficient and friendly is that it lets you trade in various fiat currencies be it USD, EUR, GBP, or RUB.
Other features include a 24*7 Responsive customer support, Margin Trading and 0% – 0.2% trading fee which is quite low compared to other platforms (and this takes away the cake).
Launched in 2011, Bitstamp happens to be one of the oldest Bitcoins exchange for the European Countries. It is operated from Luxembourg. It allows trading to take place with fiat currencies like USD, EUR, GBP, and CHF.
The platform also lets you buy other cryptocurrencies – Ethereum, Ripple, and Litecoin. It charges a very low trading fees which generally ranges from .10% to .25% per trade.
Bitstamp also offers a mobile app for both iOS and Android users to make trading more convenient. To take care of security issues, it urges a two-factor authentication process during transaction. Bitstamp supports various payment modes such as SEPA, credit/debit card, bank transfer and Astropay etc. Download Bitstamp App Now.