THE Coinbase is one of best cryptocurrency exchanges most popular in the world, which has high levels of liquidity and offers its users a multitude of trading options. Be that as it may, Coinbase is not perfect.
For starters, it focuses on just a few cryptocurrencies: Bitcoin, Litecoin, Ethereum, Bitcoin Cash, and Ethereum Classic. Furthermore, the payment methods are somewhat limited (especially when compared to other top cryptocurrency exchanges), and their customer service has received mixed reviews.
In short, despite its popularity, Coinbase may not be for everyone. That's why we've created a list of the best alternatives to Coinbase.
# 1. Binance
Binance → best coinbase alternative at the top of the biggest exchanges in terms of business volumes as well as service quality. Binance is a versatile cryptocurrency exchange that can be used by both newbies and more advanced traders (thanks to its Basic and Advanced interfaces) with the same degree of success.
# 2. CEX.io
CEX.io → is one of the best coinbase alternative exchange to buy cryptocurrencies based in the UK with a very good reputation in the cryptocurrency world. One of the main advantages of this service is the fact that it can be used all over the world., the responsible team claims a worldwide coverage of 99%. Currently, the exchange allows people to buy BTC, ETH, BCH, BTG, DASH, XRP, XLM and ZEC. Generally, the exchange has very low fees around 0.25% (depending on the amount you trade).
# 3. paybis
Paybis helps its users to buy cryptocurrencies and digital currencies using many different payment methods. This includes credit/debit cards, bank transfers, Skrill, Neteller, Payeer and Advanced Cash.
Founded in 2014, the exchange has amassed a large user base and has thousands of positive reviews for its service.
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Paybis allows all users to make their first transaction without paying any fees when they choose to make a transaction using their credit or debit card. Furthermore, its minimalist interface and fast verification process make it an excellent choice for both amateur and experienced traders.
What stands out about this platform is the multilingual support team, which is online 24/7, ready to help users with their queries and guide them through the purchase process. They can be accessed through the live chat functionality or by sending an email.
Finally, when purchasing cryptocurrency on Paybis, users need to provide their own private wallet at the beginning of each transaction. This is yet another measure taken to ensure the safety of users' funds.
# 4. LocalBitcoins
LocalBitcoins → one of the best coinbase alternatives that acts as an intermediary between sellers and buyers and relies on a reputation feedback system to build trust. LocalBitcoins charges a transaction fee of 1% on all trades and at this point it only accepts Bitcoin. The main advantage is that the service accepts a multitude of deposit options. Additionally, deposits can be made using a wide range of fiat currencies.
# 5. changelly
Since its launch in 2013, changelly remains one of the best and most popular instant cryptocurrency exchanges on the market. Changelly's main selling point is its unique method of allowing traders to trade between cryptocurrencies by aggregating and suggesting the best possible rates.
The exchange currently comes with support for over 80 cryptocurrencies, including some of the most popular ones such as BTC, BCH, ETH, XMR, ZEC, XRP, ETC, and LTC, to name a few. The platform accepts payments in more than 35 cryptocurrencies, as well as via credit or debit card in US dollars or euros. All this accessibility comes at a price, as Changelly is known to have higher fees than other exchanges.
Coinbase may be one of the top cryptocurrency exchanges in the world but that doesn't mean it's the one or the right one for everyone or you. As you can see, there are several very good alternatives, all with even better proposals than Coinbase. Whatever your choice, I wish you great success with your future negotiations.