January 21

Best Alternatives to Coinbase

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Coinbase is the largest US based cryptocurrency exchange but for various reasons customers find themselves searching for alternatives. Even though we ranked Coinbase as our top recommendation on our US cryptocurrency exchange guide we do have plenty of other exchanges that can be far better for you depending on your needs.

Coinbase Alternative #1: Kraken (Lower fees than Coinbase)

Similar to Coinbase, Kraken is a large US based cryptocurrency exchange, they also offer margin trading and futures contracts. They're popular for their low fees, they are also one of the most secure exchanges in the world according to the ICO ratings security Audit. Kraken came out on top when we compared Kraken vs Coinbase on their own.

  • Reduced marker fees & volume-based fee tiers.
  • Offers access to over 50 cryptocurrencies. (Coinbase only offer 30)
  • Trading fees ranging from 0-0.26%
  • Offers dark pools, margin trading, an OTC desk and more
  • Deposit Methods: Bank transfer (ACH), Electronic Funds Transfer,Wire transfer,FedWire, SWIFT, SEN

Coinbase Alternative #2: Coinmama (Faster and easier than Coinbase)

Coinmama has made it easier than Coinbase to buy bitcoin, you buy directly from them so they don't act like a middle man like Coinbase. This has allowed Coinmama to create the fastest and easiest cryptocurrency buying process on the internet. The only draw back is their fees are not super competitive but neither are Coinbase's so were not losing much there. If speed and ease is what you're looking for than Coinmama is a good alternative, but be aware they don't have an app.

Alternative #3: KuCoin (Way more altcoins than Coinbase)

Kucoin absolutley destroys Coinbase in two areas, they offer over 200 altcoins (Coinbase only offer 30) and extremely competitive fees (from 0.1% compared to Coinbase's 0.5%). They also offer a rewarding loyalty scheme that allows traders to earn its own native cryptocurrency (called KuCoin Shares). They are Read our full review to learn more.

  • No verification required upon sign up and no deposit fees. They have varying withdrawal fees.
  • Deposit Methods: Bank transfer (ACH), PayPal, Interac e-Transfer
  • Over 200 different coins against both ETH and BTC trading pairs and over 40 fiat currencies.

Alternative to Coinbase #4: eToro (Offers copy trading)

eToro offers far more than Coinbase, they offer non crypto assets too. The key feature of eToro that sets it apart is the ability to copy the trades move-by-move of popular traders. This allows you to set and forget and allow other people to do the research and thinking for you. However, their fee structure is complex and even includes inactive fees so you will need to full educate yourself on them before getting serious. Its worth noting that eToro only offer 15 cryptocurrencies (compared to Coinbase's 30).

  • Allows you to match the moves of popular traders.
  • Serves 15 cryptocurrencies.
  • Deposit Method: Bank transfer (ACH)
  • Offers free demo accounts.

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."

Compare all the stats vs Coinbase:

Exchange

Fiat Currency

Cryptocurrencies

Deposit Methods

Visit

USD, EUR, GBP, CAD, MXN, HRK, CZK, DKK, CLP, BGN & 10+ more

ATOM, BAT, BTC, BCH, XRP, DAI, DASH, EOS, ETH, ETC & 20+ more

Bank transfer (ACH),Credit card,Debit card,Bank transfer (SEPA),Wire transfer 

USD, EUR, AUD, CAD, GBP, JPY

BTC, ETH, ETC, BCH, LTC, ADA, QTUM, XRP, XTZ, EOS

Credit card,Debit card,Bank transfer (SEPA),SWIFT,Wire transfer 

USD, EUR, GBP, JPY, CAD, CHF, AUD

BTC, ETH, XRP, BCH, EOS, LTC, ADA, XLM, BAT, ETC & 40+ more

Electronic Funds Transfer,Wire transfer,FedWire, SWIFT, SEN

USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND & 40+ more

BTC, XMR, DAG, ETH, XRP, EOS, LTC, TRX, NEO, ONT & 200+ more

Bank transfer (ACH), PayPal, Interac e-Transfer

USD

BTC, ETH, BCH, XRP, DASH, LTC, ETC, ADA & 5+ more

Wire transfer,Online banking 

Your capital is at risk

So as you can see there is life outside Coinbase, there are plenty of options, if you have any questions or suggestions please leave a comment.


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