If you are looking for the best crypto trading platform, Coinbase is one of those but in this article we listed out most trusted and reliable Coinbase alternatives for cryptocurrency trading. These apps comes with some great features, for more details go through the article for better experience in crypto trading.
What is Coinbase and why you should look for an alternative option?
Coinbase is a digital currency exchange platform that allows users to buy and sell cryptocurrencies. The platform also provides a wallet service, as well as a merchant payment processing system. Coinbase was founded in 2012 by Brian Armstrong and Fred Ehrsam, and is headquartered in San Francisco, California.
Coinbase allows users to buy and sell Bitcoin, Ethereum, Litecoin, and other cryptocurrencies. Coinbase supports 100+ countries and has over 90+ million verified users. The company has raised over $217 million in funding from investors such as Andreessen Horowitz, Union Square Ventures, and Ribbit Capital.
Coinbase has been criticized for its high fees, slow customer service, and lack of transparency. However, the company has made efforts to improve its platform and services. In 2017, Coinbase launched a new feature called “Instant Exchange”, which allows users to buy and sell cryptocurrencies instantly. The company also announced plans to add support for multiple languages, including Japanese, Korean, and Spanish. Coinbase is one of the most popular cryptocurrency exchanges and provides a simple and secure platform for buying and selling cryptocurrencies.
Even though Coinbase has improved a lot in recent days in terms of trading fees, design and other aspects, there are a lot of alternatives available for Coinbase app. You can checkout this handpicked list of platforms like Coinbase.
Alternatives to Coinbase for Crypto trading:
1. Binance
Binance is one of the best Coinbase alternatives digital asset exchange platform that allows users to trade cryptocurrencies. The platform was founded in 2017 by Changpeng Zhao and Yi He. Binance is one of the largest cryptocurrency exchanges in the world with a daily trading volume of over $1 billion. The platform supports over 350+ cryptocurrencies and offers a variety of features such as margin trading, OTC trading, and more.
As above mentioned margin trading feature allows users to trade with leverage. This means that users can take out loans to increase their buying power and potentially earn higher profits. Another popular feature on Binance is OTC trading which allows users to trade large amounts of cryptocurrencies without affecting the market price.
Binance is a safe and secure platform and uses state-of-the-art security measures such as 2-factor authentication and has a strict KYC policy. Binance also offers a mobile app that allows users to trade on the go.
If you’re looking for a cryptocurrency exchange with a variety of features and a user-friendly interface, Binance is the perfect platform for you.
2. Uphold
Uphold is a cloud-based crypto platform that allows users to buy, sell, store, and convert digital assets. The platform supports over 200+ different cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.
Uphold also offers a unique feature called “Flex Accounts” which allows users to hold multiple currencies in a single account. Flex Accounts are designed to be more resilient to market fluctuations and offer greater flexibility when it comes to converting between currencies.
Uphold is one of the most user-friendly crypto platforms on the market. The interface is clean and intuitive, making it easy for even first-time users to get started. The platform also offers 24/7 customer support in case you run into any problems. Overall, Uphold is a great choice for those looking for a reliable and user-friendly way to store and trade digital assets.
3. FTX
FTX is a cryptocurrency derivatives exchange. FTX offers a variety of products including futures, options, and leveraged tokens. FTX also has a proprietary token, FTT, which is used to provide discounts on trading fees and interest on account balances.
FTX offers a variety of features that make it an attractive platform for traders. First, FTX has low fees compared to other exchanges. FTX charges a 0.02% taker fee and a 0.075% maker fee. These fees are significantly lower than the industry average of 0.25%. Second, FTX offers a variety of products that allow traders to take advantage of both bullish and bearish market conditions.
FTX offers futures contracts for Bitcoin, Ethereum, Litecoin, and other major cryptocurrencies. These futures contracts have leverage up to 100x, which allows traders to amplify their gains (or losses) in both good and bad market conditions.
FTX also offers options contracts, which give traders the ability to hedge their positions or speculate on the future price of a cryptocurrency. Third, FTX has a proprietary token, FTT, which provides holders with discounts on trading fees and interest on account balances. This makes holding FTT an attractive proposition for traders who want to reduce their costs.
FTX is a young exchange that has already made a big impact in the cryptocurrency world. FTX is Beginner Friendly, FTX supports multiple languages and has a user-friendly interface. FTX is available in Chinese, English, Japanese, Korean, Russian, and Spanish. FTX offers 24/7 customer support via chat and email. FTX also has an extensive FAQ section that covers all the basics of trading on the platform. Overall, FTX is a great alternative option to Coinbase for both experienced traders and those just getting started in the world of cryptocurrency trading.
4. Kucoin
One of the most popular cryptocurrency exchanges, Kucoin is a centralized platform that offers trading in a wide range of digital assets. Based in Hong Kong, Using Kucoin platform user can buy, sell, and store cryptocurrencies like BTC, ETH, KCS, SHIB, DOGE etc.
One thing that sets Kucoin apart from other exchanges is its use of a “tiered” fee structure. This means that users pay lower fees as they trade more on the platform. For example, users who trade less than 1 BTC worth of cryptocurrency per month will pay 0.1% per trade. However, users who trade more than 100 BTC worth of cryptocurrency per month will only pay 0.05% per trade.
This platform has a “Referral Bonus” program that allows users to earn commissions when they refer others to the platform. Kucoin also has an “Instant Exchange” feature that allows users to convert their cryptocurrencies into other digital assets without having to go through the process of opening a trade.
Overall, Kucoin is a popular cryptocurrency exchange with a lot to offer users. The platform’s low fees, good customer support, and innovative features make it an attractive option for those looking to trade digital assets.
5. Crypto.com
Crypto.com is a cryptocurrency platform users can buy and sell cryptocurrencies and it is the world’s fastest growing crypto app. Crypto.com has a wallet that allows users to store, send, and receive cryptocurrencies. Crypto.com also has a debit card that can be used to spend cryptocurrencies at any merchant that accepts Visa payments.
Crypto.com also offers a variety of other features and services, including a referral program, staking program, and more. Crypto.com has over 2 million users and is available in over 150 countries. Crypto.com is a great platform for those looking to get started in the world of cryptocurrencies.
Crypto com has a simple, user friendly interface that makes it a great choice for those just getting started in the world of cryptocurrencies. Crypto com also offers a variety of features and services that make it a great choice for purchasing crypto. This makes Crypto.com one of the best Coinbase alternatives.
6. Bittrex
Bittrex is one of the most popular cryptocurrency exchanges, providing a platform for trading digital assets including Bitcoin, Ethereum, Litecoin, Monero, and many others. Bittrex was founded in 2014 by Bill Shihara and two other co-founders, Richie Lai and Rami Kawach. Bittrex has built a reputation for being a secure and reliable exchange with an easy-to-use interface.
Bittrex offers a variety of features that make it an attractive option for traders. And most of the trading options are similar to that of Coinbase which makes Bittrex as a great choice for Coinbase alternatives.
One of the most important features is its security. Bittrex uses an advanced security protocol called “two-factor authentication” (2FA). This means that in order to access your account, you will need to provide two pieces of information: your password and a code that is generated by an authentication app. This makes it much more difficult for hackers to gain access to your account.
Another important feature of Bittrex is its customer support. The exchange has a dedicated team of customer support representatives who are available 24/7 to help users with any issues they may have. Bittrex also has an extensive FAQ section on its website, which covers a wide range of topics related to trading on the platform.
In addition to its security and customer support features, Bittrex also offers other benefits. For example, the exchange offers low fees, fast withdrawals, and a large selection of tradable assets. Overall, Bittrex is a great option for both new and experienced traders.
7. HitBTC
HitBTC is a cryptocurrency exchange that offers a wide range of trading pairs, including many of the most popular cryptocurrencies. HitBTC also has a very user-friendly interface and is one of the easiest exchanges to use.
One of the best features of HitBTC is that it allows users to trade on margin, which can be a great way to increase your profits. HitBTC also has a very good reputation in the cryptocurrency community and is one of the most trusted exchanges.
8. LocalBitcoins
LocalBitcoins is a popular and Coinbase alternatives digital currency trading platform, where users can buy and sell Bitcoin. Its a good platform for its easy-to-use interface and wide range of features, making it a great choice for those looking to trade Bitcoin.Users can post advertisements on the website with exchange rates and payment methods for buying and selling bitcoins.
LocalBitcoins also offers a number of unique features, such as its Escrow service, which protects buyers and sellers from fraud, and its dispute resolution system, which helps to resolve disputes between parties. Overall, LocalBitcoins is a secure and user-friendly platform that is well suited for those looking to trade Bitcoin.
9. Bitcoin IRA
Bitcoin IRA is a most trusted digital asset investment platform that allows users to invest in Bitcoin and other cryptocurrencies. Bitcoin IRA offers a variety of features and benefits, including:
- Provides a secure and easy way to invest in Bitcoin and other cryptocurrencies.
- Bitcoin IRA app is a great way to diversify your investment portfolio.
- Low fees and no hidden charges.
- Bitcoin IRA offers 24/7 customer support.
10. Robinhood Crypto
Robinhood Crypto is a new crypto trading platform that offers a commission-free experience and aims to make crypto accessible to everyone. The platform is easy to use and offers a variety of features that makes it a great choice for those looking to get into the world of crypto.
Robinhood Crypto is available in all 50 states and currently offers seven different cryptocurrencies to trade: Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ethereum Classic, Zcash, and Monero. Robinhood plans to add more coins in the future.
One of the great things about Robinhood Crypto is that there are no fees associated with buying or selling cryptocurrencies. This is unlike most other exchanges where you have to pay a small percentage (usually around 1%) for each transaction. Robinhood Crypto is also one of the few exchanges that allow you to trade cryptocurrencies 24/7.
Another great feature of Robinhood Crypto is instant deposits. This means that once you’ve bought your coins, they will show up in your account immediately and you can start trading with them right away. Most other exchanges take a few hours (or even days) to process deposits.
11. NiceHash
NiceHash is a hashing power marketplace that connects sellers of hashing power (miners) with buyers of hashing power. Using NiceHash, miners can sell their excess hashing power to buyers who want to use that hashing power to mine for cryptocurrencies.
NiceHash was founded in 2014 and is headquartered in Slovenia. The company has a network of over 1 million miners and has served over 5 million customers.
NiceHash offers a number of features that make it attractive to both miners and buyers. For miners, NiceHash offers instant payouts and low fees. For buyers, NiceHash offers a flexible pricing structure and a wide selection of hashing power providers.In addition, NiceHash provides a number of tools and resources that help customers.
Conclusion:
For buying, selling, storing and transfering cryptocurrency, Coinbase is the most trusted platform. With some better added options we provided apps like Coinbase in this article where you can trade at free of cost or at very minimal fee and get more profits. Try out these Coinbase alternatives now and let us know the feedback through comments.
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