Best Coinbase Alternatives – Top Fiat Trading Exchanges in 2020.
Coinbase was one of the first cryptocurrency exchange having a worldwide coverage. Back in the day, they made it incredibly easy and simple to purchase and trade cryptocurrencies. And because of this to this day, they are the most popular hot wallet in the industry. However holding a bunch of private keys doesn’t actually mean they are a great exchange, it’s more of an education problem since people leaving their coins in the exchange don’t actually own their private keys, and therefore don’t own their coins.
That being said, whether you are an old school Bitcoin enthusiast or just starting out every one of us needs to buy some crypto at some point in their life. And so here we have listed some of the best Coinbase alternatives for purchasing cryptocurrencies.
1. Changelly – provides the fast and easiest access to hundreds of cryptocurrencies.
2. CEX.IO – one of the oldest platforms, which also has never been hacked.
3. Bitpanda – one of the most popular exchanges within European.
4. Coinmama – a simple old platform for purchasing cryptos.
Changelly is right now one of the best ways for you to purchase your first Bitcoins or a variety of other cryptocurrencies. They offer simplistic, easy to use interface, and in most cases, you don’t even need the extra hassle with identity verifications.
To purchase Bitcoin, all you do is: enter your Bitcoin address, fill the payment card information, and finish, by making a payment, it’s really that simple.
If you wanna exchange Bitcoin for other cryptocurrencies, just sign up by using your email address, choose which coin you wanna receive in exchange, and then provide the receiving address.
Whether you are new to crypto or just want to purchase more Bitcoin, Changelly is definitely providing one of the fastest and easiest platforms to do this.
CEX.IO is a well-performing, stable and secure competitive exchange providing worldwide coverage. This exchange unique in the sense that it is one of the oldest Bitcoin exchanges still around, and that it used to operate at one point the world’s largest Bitcoin mining pool, GHash.IO.
Getting started purchasing Bitcoin through CEX.IO is fairly simple, all you do is register by using your email and password, you will be prompted to verify your phone number, and identity, from where you can continue to purchase Bitcoin or either upgrade the verification for larger sums.
All in all, CEX.IO is a great exchange with little to none negative, they do require KYC documents as we mentioned already but this is pretty much mandatory nowadays with all exchanges. Other than that they do offer great services with a long-lasting reputation.
Bitpanda is one of the top European choices when it comes to purchasing cryptocurrencies. This platform offers a variety of payment methods to choose from, such as credit card, Neteller, Skrill, Sepa, and Amazon. You can also trade over 30 different assets, including Bitcoin, Ethereum, Ripple, Litecoin, Dash and many more. In addition to Euro cashouts, Bitpanda supports Swiss Franc, British Pound and US Dollar.
To get started with Bitpanda is simple, all you do is sign up with your email, you will be asked to verify your identity, and from there you will be able to deposit funds.
Whether you are looking to cash out or to purchase your first Bitcoins, Bitpanda is definitely one of the best Coinbase alternatives.
Coinmama is another old school cryptocurrency exchange providing worldwide coverage. This exchange provides effortless first-time experience for those wanting high spending limits, instant deliveries, and with great customer service.
Getting going with Coinmama is simple, you sing up using your email, from where you will be prompted towards the next step. Which is to provide your personal information, the more you do, the more you will be able to buy.
Whether you are a beginner or someone looking at a new place for exchanging a bunch of cryptos for fiat. Coinmama is definitely a sure deal, and having stand through the tests of time is just another proof of that.
Related & Notes
When it comes to best Coinbase alternatives, these are definitely the ones you wanna look for. However none of the exchanges listed here are good for actual trading, and we only suggest using them for either purchasing your first Bitcoins or either selling Bitcoin or other cryptos for cash.
More Coinbase alternatives:
To learn more, check our other articles:
- Best Ways to Buy Bitcoin With Cash (A Guide For Cash Trades!)
- Best Ways to Buy Bitcoin with Bank Account (Bank Transfers Guide!)
- Best Ways to Buy Bitcoin with a Credit Card (Fast Purchases!)
Reminder: Never leave your coins in the exchange. “Not your private keys, not your coins!”