5 Best Coinbase Alternatives in 2024

Best Coinbase Alternatives - Our Top 3 Picks

Looking for a quick answer? Here are our top 3 recommended Coinbase alternatives to use for buying and selling cryptocurrency.

Most Popular

1

Min Deposit

-

User Score

4.95

Up to $240 bonus!

Build a diversified portfolio with crypto, stocks, and ETFs — all in one place.

Trade on the world's leading social trading and investing platform

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Description:

eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.

Payment Methods:

Bank Transfer, Debit Card, PayPal, Credit Card, Wire Transfer

Full Regulations:

CySEC, FCA

2

Min Deposit

-

User Score

4.95

CFDs on BTC, ETH, LTC, NEO, XRP, IOTA, EOS, BAB, ADA, TRX, XMR

No need to open a crypto exchange account or use a special wallet

Regulated Broker - FCA, ASIC, CySEC (license number 250/14)

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Description:

Plus500 is a leading provider of Contracts for Difference (CFDs), delivering Leveraged trading on +2,000 financial instruments, including Forex, Commodities, Indices, Shares, Options and Cryptocurrencies. CySEC license number (#250/14)

Payment Methods:

Bank Transfer, Debit Card, PayPal, Credit Card, Visa, Mastercard, American Express, Trustly, Apple Pay, Google Pay, Discover, Bank Transfer: SEPA, Bank Transfer: FPS, skrill

Full Regulations:

ASIC, FCA, FSA, MAS, CySEC #250/14

82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

3

Min Deposit

-

Promotion

User Score

4.9

Offers maximum flexibility for crypto trading strategies.

Responsive customer support through various channels, including live chat, email, and a comprehensive help center.

Wide range of trading options, including spot trading, margin trading, and futures contracts.

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Description:

Kraken is a San Francisco-based cryptocurrency exchange that allows users to trade various digital currencies. With a strong emphasis on security, Kraken employs cold storage for most funds and offers two-factor authentication (2FA). Its user-friendly interface provides real-time charts and order books, making it suitable for both beginners and experienced traders. Kraken also complies with regulatory requirements in the jurisdictions where it operates.

Payment Methods:

Bank Transfer, Debit Card, Credit Card, Wire Transfer, Visa, Mastercard, American Express, Apple Pay, Google Pay, Discover, Bank Transfer: SEPA

Full Regulations:

Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

How to Choose a Coinbase Alternative

When choosing an alternative to Coinbase, it’s important to consider the features and factors that you value the most. We’ve outlined the headline features of each platform in the list above, so you can quickly choose the best platform according to your needs.

Other factors you may want to consider are:

• Fees – If you want maximum value for money, Binance and bitFlyer are great Coinbase alternatives.

• Customer support – Coinbase has good customer support, but Kraken has arguably the best customer service offering.

• Security – Security across most major exchanges is strong, so any option should serve you well.

• Ease of use – eToro is extremely easy to use and is our favourite option for beginners, but Coinbase is a solid choice for new investors.

• Coins – Binance is the best Coinbase alternative for altcoin traders hands-down, with over 600 coins on offer.

• Advanced features – Nexo offers some of the best extra features for lending, borrowing, and staking, but Binance is also a good alternative to Coinbase given its NFT platform and earnings mechanics.

• Payment methods – Most alternatives to Coinbase offer a range of payment methods. eToro offers PayPal, making it a popular choice for beginners.

• Privacy – Most exchanges are beholden to fairly stringent KYC rules these days, so if you value privacy, you may want to use a P2P exchange.

Final Thoughts

Coinbase is a “jack of all trades” platform that does a good job at satisfying most needs for crypto traders and investors, but there is probably a platform out there that suits your specific needs better.