Coinbase Alternative #1: eToro (Better for Beginners)

eToro is our top alternative to Coinbase, because it is perfect for beginners. eToro has a demo account where you can use free play money to practise with no risk, which is an excellent way for beginners to learn. Another great feature for beginners is Copy Trading, where you can select a successful trader to copy, and eToro will automatically carry out your trades exactly the same as that person. 

eToro's fees are included in their spreads, making it hard to compare to other crypto exchanges. From my comparisons, eToro's fees are lower than Coinbase's high fees. However, eToro only offers 30 different coins, compared to 70+ on Coinbase.

Coinbase Alternative #2: Gemini (More Secure than Coinbase)

Gemini is our second option for Coinbase alternatives because it is a much more secure platform compared to Coinbase. It is regulated by the NYSDFS and enjoys FDIC protection for their USD. They have been built ground-up on a security-first mentality for their users, and maintain the highest standards of security and operational compliance. Gemini has completed SOC 1 Type 1 & Type 2, and SOC 2 Type 1 & Type 2 examinations, and been awarded the coveted ISO 27001 certification. It is the world’s first cryptocurrency custodian and exchange to demonstrate this standard of financial operations and security compliance, and has never been hacked.

Gemini offers two interfaces which can be toggled easily with a button - a basic one that is great for new crypto investors, as well as an advanced trading platform for the serious traders The fees are much lower than Coinbase, with Maker/Taker fees starting at 0.25% / 0.35% which can be reduced based on high trading volume. 

Coinbase Alternative #3: Uphold (More Trading Assets than Coinbase)

Uphold is an excellent alternative to Coinbase, because it offers experienced traders more than just cryptocurrency. While Coinbase offers 70+ cryptocurrencies, Uphold has support for over 60+ cryptocurrencies, 27 fiat currencies and 4 precious metals, with the ability to trade between any two assets you like. For example, you can buy Gold using BTC, or trade your Ether for Euros in a few seconds. Uphold is a great exchange for those that are looking to diversify in forex or precious metals.

Uphold doesn't charge a fee for trades, but incorporates it into the spread. From my comparison against Coinbase (see here), Uphold has lower fees.

Coinbase Alternative #4: Crypto.com (Better Staking than Coinbase)

Crypto.com is another great alternative to Coinbase, offering almost double the number of cryptocurrencies, and many more staking options and benefits. On the Crypto.com the mobile app, you can access over 150+ different cryptocurrencies, and stake over 40+ coins. Their users can enjoy up to 14.5% interest on coins staked, with various staking periods of 1 month, 3 months, or flexible.

Crypto.com has their own coin called CRO, that comes with plenty of benefits if you stake it. When you stake CRO on the desktop exchange, you receive 10% APR interest paid daily, CRO rebate when you pay trading fees with CRO, and cashback when you use Crypto.com Pay. If you choose to stake CRO on the mobile app, you receive up to 12% APR and many other benefits. The best feature is the premium metal Visa card, that is available when you stake CRO for 6 months, where you receive up to 8% cashback on purchases (paid in CRO), rebates on subscriptions (Netflix, Spotify) and bookings (Expedia, Airbnb), and higher APR in Crypto Credit and Crypto Earn.

Coinbase Alternative #5: Coinmama (Faster and Easier than Coinbase)

Coinmama is the final alternative we have here, and it is useful for those that want a faster and easier way to buy crypto compared to Coinbase. Instead of depositing money into your Coinbase account before making a purchase, Coinmama takes your payment at the point of sale. Your crypto that you just purchased using Coinmama goes straight to your personal wallet (soft or hard wallet) instead of sitting in Coinbase's online wallet. This also means Coinmama is much safer than Coinbase, because they never hold your assets nor do they keep your payment details. Even if Coinmama is hacked, you won't lose any crypto because it is always in your control in your personal wallet.

The downside of Coinmama is that they have high fees on top of their spread, which is slightly higher than Coinbase, but remember that your coins are sent straight to your wallet. If you wanted to transfer your coins from your Coinbase account to a personal wallet, you would incur a network fee which is free on Coinmama. Also you can only access 10 cryptocurrencies with Coinmama, instead of Coinbase's range of over 70.

eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. "Virtual currencies are highly volatile. Your capital is at risk."