Coinbase is an excellent resource and tool that you can use to make all of your online trades with whatever cryptocurrency you prefer.
From Bitcoin to Ethereum and everything in between, they have what you need to make those trades on time, and safely as well.
However, we think that it’s important to have a few options up your sleeve, as you never know what might happen in the future. The world of cryptocurrency is volatile, and companies are going under all the time.
With this in mind, we thought that we would take a look at what we think are the best Coinbase alternatives in the industry right now, so that you can make the most of your online trades and find the best platform to do them on.
Let’s review them.
First Look
Best of the Best: Pionex
“Pionex, being one of the largest trading platforms, makes it super easy for someone like me to trade in all of the cryptocurrencies that I want. I tend to trade in 10 or so a day, so being able to cover it all through one exchange platform is definitely a plus.”
Second Best: Binance
“I love Binance because they have a great range of features that I can make the most of, and I don’t have to give up too much of my trade wins to use their platform. I also really like that they make it super easy to get in touch with them whenever I need to.”
Third Best: Uphold
“I love Uphold not only for all of my cryptocurrency trades, but for my metals trades as well. Talk about diversity – they enable me to keep everything safe online without having to worry about hacks either.”
Fourth Best: Bitfinex
“Bitfinex is the kind of trading platform that is great for someone like me who is super green in this industry and needs a lot of help working out where my currency is best spent. I have also met a lot of other traders on this platform and made a lot of valuable connections which I’m grateful for.”
Fifth Best: eToro
“eToro is a great option if you’re like me and don’t like to waste any time making those trades online. I don’t really have that much time outside of my day job to devote to my online trades, so being able to do it efficiently and quickly is definitely my MO.”
Sixth Best: CEX.IO
“As someone who wants the process of being able to load cryptocurrency onto my trading platform to be really easy, I have gelled with CEX.IO really well. They have made it so that I can upload my currencies through PayPal or my credit card – depending on what I am using at the time.”
Best for Local: Local Bitcoins
“Local Bitcoins has helped me from the beginning and shown me that there are exchange platforms out there that actually put their clients first. One of the things that I like the most about this platform is that they make sure that my trades are safe from hackers, as well as all of my personal information.”
Best for Being a Competitor: Kraken
“Kraken is really close to Coinbase, so if you’re a big Coinbase fan, then you’re going to like what you see here. One of the things that resonated the most with me about this exchange platform is that they are able to help me with robust security, so that my trades are never compromised in any way.”
Best for Being Regulated: Gemini
“Gemini is totally regulated, so that I don’t have to worry about any step of the process being missed or compromised in any way. They also let me trade in a multitude of different currencies, so that I can control all of my virtual exchanges from one place.”
Best for Peer-to-Peer: Paxful
“Paxful is a beast when it comes to helping me with my online trades, and honestly I wouldn’t go with anyone else. They have it so that I can withdraw my virtual funds directly from my bank account, and vice versa. They also let me trade in whatever cryptocurrency I like, so there is a lot of flexibility.”
Best for Bank Card Accessible: Changelly
“Changelly is super current and always keeping things up to date, so that I get the latest trends in the market before anyone else. I take my trades really seriously and hate the idea of missing out on a great opportunity. With Changelly, they cover everything, so that I don’t have to get FOMO.”
Coinbase Alternatives
Best of the Best: Pionex
Pionex is easily one of the world’s most popular cryptocurrency exchange apps, and one of the best Coinbase alternatives with 12 trading bots available for free.
They say that their users can automate the trading process, which means that you don’t have to constantly be looking at what the market is doing to do really well.
They also say that their trading fee is super low, at just 0.05%. They have a grid trading bot available so that you can buy low and sell high, and they ultimately want to help their clients make a passive income that isn’t high risk.
Second Best: Binance
Binance is a popular exchange platform for cryptocurrency that allows you to trade in more than 150 different cryptocurrencies, which is pretty cool.
This means that if you’re trying to find a Coinbase alternative that’s worth the switch, this is a really strong start. They have an API as well that makes it super easy for you to integrate your present trading application, which is always nice.
They can help you with 24/7 support, and they are compatible with Android, iOS, and PC. They also offer two different levels of exchange interfaces, basic and advanced, which is going to suit you depending on your level of experience in general.
Third Best: Uphold
The thing about Uphold as a Coinbase alternative is that they can help you with your cryptocurrency trades, and they can also help you with your equities and metals trades as well.
Another thing that we love about them is that they don’t charge a convenience fee when you purchase stock through a bank account, and it is completely free to send money to a family member or a friend.
They offer their clients access to more than 52 currencies, and they have platform insurance that holds up against theft, as well as cold storage. When it comes to your wallet, you’ve got private key encryption and 2FA, and you can buy, trade, sell, limit and hold in terms of activity.
Their maximum trading amounts are going to depend on your account activity, but at the end of the day these guys are a great option that offer their clients unique features that you probably won’t be able to get with most trading platforms out there.
They can even help you automate your trades if this is what you’re looking for.
Fourth Best: Bitfinex
Bitfinex is a Coinbase alternative and trading platform that makes it super easy to exchange everything from Ethereum to Litecoin, and Bitcoin of course.
They say that they help their clients access their peer-to-peer funding market, and they have a number of chart tools that you can make the most of to visualize what your order looks like.
The best part is that you can easily integrate their features into a wide range of products and platforms and use it from iOS or Android. They can also help you measure your trading performance too with in-depth reports.
Fifth Best: eToro
eToro is a great Coinbase alternative if you are looking to build a crypto-based portfolio and enjoy advantages like the almost immediate execution of market orders. They say that they can help you safely as well, because their features are protected by industry standard security protocols.
This means that they will never share your personal information with anyone without your permission. This way, your funds are safe in their reputable banks, and there is no broker fee when opening or closing a position on the floor.
Sixth Best: CEX.IO
CEX.IO can help you sell and buy Bitcoin, and they are an ideal Coinbase alternative because they let you deposit your funds using a variety of different methods, including MasterCard, PayPal, and Visa.
They say that they follow all of the right trading strategies to easily secure your data and assets. They also protect their clients against DDOS attacks using complete data encryption.
With this exchange platform, you can easily trade with more than ten times to leverage, and the best part is that you don’t even have to create a new account.
Of course, you can use this platform either on mobile or through desktop, and they offer reports that you can download to show real-time transaction history and balance.
Best for Local: Local Bitcoins
Local Bitcoins is a Coinbase alternative that lets its clients post ads where they talk about payment methods and exchange rates for selling or buying Bitcoins.
They say that they support a number of different payment methods, and they ensure the protection of their client’s information, so that you can trade safely without any compromise to your personal information.
You can also perform transactions outside of the conventional banking’s geographic reach, so that you can make all of the appropriate exchanges and more that you might not be able to get done anywhere else.
Best for Being a Competitor: Kraken
Kraken is an ideal Coinbase alternative that can be used for financial stability, and to maintain full relationships as well as reserves, and the best part is that everything is done with the highest legal compliance standards.
They say that they have a robust approach to security, and you can buy and sell your assets in just one click.
They are also an open book for their clients, allowing them to reach out at any point to their support team through their live chat online. They will automatically check all addresses for an error, so there’s a good level of quality control here as well.
Best for Being Regulated: Gemini
Gemini is a completely regulated exchange platform, and excellent Coinbase alternative.
They can help you legitimize your cryptocurrencies around the world, which of course means that you can work with multiple currencies, from Bitcoin and Litecoin to Ethereum and Bitcoin Cash.
They say that they offer their clients a simple, yet elegant way to build up your cryptocurrency portfolio, and they also say that they offer robust security measures, so you never have to worry about the safety of your account.
They say that because of all their regulation requirements, their existing clients trust them immensely, and have been with them for a long time.
Best for Peer-to-Peer: Paxful
Paxful is one of the safest peer-to-peer marketplaces and Coinbase alternatives for you to sell and buy Bitcoin with more than 300 payment methods.
They say that their platform is really easy to use for beginners and veterans alike, and you can easily make a provide through their features.
The best part is that you can withdraw your funds from their platform directly into your bank account, and you can send funds to your account through PayPal. You are able to trade-in your hundreds of different currencies, and easily spend and sell Bitcoin with bank transfers. It doesn’t get any easier than this.
Best for Bank Card Accessible: Changelly
Changelly is a cryptocurrency exchange platform and Coinbase alternative that helps you exchange cryptocurrency efficiently, and you can purchase it with a bank card.
With this platform, you can easily see the best rates that are currently available to trade in the market, and the best part is that they don’t as for any verification for the transaction to take place.
They also talk about how their platform supports more than 150 cryptocurrencies, and provides its clients with an API, so that you can make the most of their long list of features.
How to Trade Cryptocurrency with a Trading Bot
You will notice that some of the Coinbase alternatives that we have talked about today on this list come with trading bots, and some don’t. Whether they do or not, we always recommend that you recruit the help of a trading bot, especially when you sign up for one of the trading platforms above.
If you are relatively new to the world of cryptocurrency trading, then you are going to need all the help you can get. With a trading bot, you can simplify the trading process, and get help working out where your money needs to be, and at what time.
A trading bot can also help you automate some of the more mundane parts of trading online, so that you can spend less time on your trades, and more time making money.
Our Review Process
When we do our reviews, we make sure to do our homework. This is why we look into at least 211 Coinbase alternatives out there and read through upwards of 4000 customer reviews. We look for both good and bad things about the companies, so that we can make sure we are recommending to you the best in the business.
We know that your trades are important to you, and that you want to work with only the best. The good news is that a lot of the platforms that you see above offer free trials, so make the most of these and good luck with your online exchanges!