Cryptocurrency is a digital asset which is fabricated to work as a means of trading that uses cryptography to secure its transactions. The first cryptocurrency was Bitcoin which was introduced in 2009. To buy a cryptocurrency, you need a platform for buying, selling, storing and transferring the coins securely.
One of the most popular and secure platforms, Coinbase seamlessly helps you to buy, sell and transfer your cryptocurrency. Coinbase is a US-based cryptocurrency platform which trades in Bitcoin, Ethereum, and Litecoin.
But sadly, it is not available in every country, which makes trading in cryptocurrency hard for people in those countries. But don’t worry, we have listed some of the best alternatives for Coinbase that will help you trade easily.
Best Coinbase Alternatives
One of the most reputable exchange platforms, Cex.io is based out in the UK. Just as Coinbase, it allows you to buy Bitcoin, Ethereum with debit/credit card and bank transfer. Cex.io now also supports other cryptocurrencies like LTC, DASH, BCH, ZEC, and XRP. Soon, they will add a few more. It accepts fiat currency USD, EUR, GBP, and RUB. It is available on the mobile platform and is available all around the world. Moreover, it provides 24*7 customer support.
One of the best alternatives to Coinbase, Gemini was founded in 2014. It is reputed exchange platform. It allows you to buy Ethereum and Bitcoin with bank transfer. Gemini is extensively used in the US and a few other countries. Gemini doesn’t take any fee when you deposit or withdraw. It has high liquidity in Bitcoin and Ethereum exchange. It has a responsive customer support. It supports 2 factor.authentication. You can create two accounts – individual and institutional.
Kraken is one of the largest Bitcoin exchange platform based out of San Francisco and has been in the market since 2011. It allows you to trade your cryptocurrencies in five fiat currencies USD, GBP, JYP, EUR, and CAD. In some countries, you can deposit money through your bank account and SEPA. It trades in Dash (DASH), Ripple (XRP), Augur REP tokens (REP), Ethereum Classic (ETC), YLitecoin, ICONOMI (ICN), (LTC) Stellar Lumens, (XLM) Monero (XMR), Melon (MLN), Gnosis (GNO), EOS (EOS), Zcash (ZEC),Tether (USDT) and Dogecoin (XDG), Kraken is available in most of the countries which makes trading easy. It also supports 2-factor authentication.
Local Bitcoins is one of the best alternatives to Coinbase, which was founded in 2012. It is an exchange platform which helps you to trade in cryptocurrency. You can trade on the platform in almost every country in the world. All you need to do is create an account and select the buyer from whom you want to purchase. You can even chat with the buyer and check the repo of the buyer. Once you have selected seller, you can buy/sell online or offline as per your mutual agreement. You can pay with cash, SEPA, Paypal, etc depending what the seller wants.
Coinmama is one of the most popular cryptocurrency exchange platform based out in the Slovak Republic. It was established in 2013. Coinmama allows you to trade in Bitcoins and Ethereum with Credit Card. You need to create an account and get verification of the card done. Once, it is done, you can buy the BTC. It is available in more than 200 countries across the world. It has a responsive customer support as well.
These are some of the best alternatives to Coinbase. Try them and let us know which one do you prefer.