7 Best Coinbase Alternatives in 2022 – Similar Exchanges

Best Coinbase Alternatives

Top USA Exchange

Kraken is a well-established crypto exchange from the USA, which offers its services to all major states in the USA. Apart from the USA, it also serves users globally. Kraken's mobile app makes it easier to trade while on the move. Staking features let you earn extra on your crypto holding.

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Ease of use

CEX is a well-known & reliable website to purchase Bitcoins, ETH, and other cryptos using a Debit or credit card. The ease of use & trust makes it a reliable website to purchase Cryptocurrencies. The exchange also boasts a working mobile app for Android and iOS. The staking feature is one of the newest addition which lets you earn interest on your crypto holdings.

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Coinbase alternative exchangeTrading FeesReviewOur Rating
1. KrakenMaker Fee 0.16%, Taker Fee 0.26%Read Kraken Review5/5
2. Binance.usMaker Fee 0.10%, Taker Fee 0.10%4.5/5
3. FTX.usMaker Fee 0.1%, Taker Fee 0.2%4.5/5
4. CEX.ioMaker Fee 0.15%, Taker Fee 0.25%Read CEX.io review4/5
5. Localbitcoins (LBC)Maker Fee 1%, Taker Fee 0% (Zero)Read Localbitcoins Review3/5
6. GeminiMaker Fee 0.2%, Taker Fee 0.4%4.2/5
7. Bitcoin ATM’sVariable – 5% to 25%Bitcoin ATM’s3.5/5

When it comes to buying Bitcoin, there are plenty of options out there.

But when it comes to buying Bitcoin in your home country’s fiat currency, the options become fewer and fewer.

When most people think of buying Bitcoin using fiat currency, they think about Coinbase.

For those of you who don’t know Coinbase, here is a quick intro:

  • Coinbase is a US-based exchange. It the world’s most popular exchange to buy and sell Bitcoin, Ethereum, and Litecoin. They also support the instant purchase of these currencies via Visa/MasterCard credit and debit cards.

You might think this is great, but there’s a big problem…

  • At present, they only serve 32 countries. 
    • You can check if their service is available in your country here.

It seems absurd that buying Bitcoin – something famous for its open, borderless, and decentralized nature – would be restricted because of where you are trying to buy it.

Coinbase has said they’re trying to expand operations to 168 countries, but I doubt that.

Why do I doubt that? Because Coinbase became the first exchange to be valued over $1 billion, and they recently raised $100 million. Even before this funding, Coinbase was already heavily funded, so if they wanted to expand support for 168 countries, they would’ve started by now.

Moreover, I think Coinbase is more like a bank because of their high fees, limited accessibility, and their recent stance on Bitcoin Cash.

Considering all these facts, there are several Coinbase alternatives out there which will help you get your hands on some Bitcoin.

Top 7 Best Coinbase Alternatives

1. Kraken

Kraken Coinbase alternatives

Based out of San Francisco, U.S.A, and operational since 2011, Kraken is one of the biggest Bitcoin exchanges out there. Even though they are based in the US, they are one of the largest Euro to crypto markets in the world. Check out Kraken review.

Apart from Bitcoin, they also provide trading of Ethereum (ETH), Monero (XMR), Dash (DASH), Litecoin (LTC), Ripple (XRP), Stellar/Lumens (XLM), Ethereum Classic (ETC), Augur REP tokens (REP), ICONOMI (ICN), Melon (MLN), Zcash (ZEC), Dogecoin (XDG), Tether (USDT), Gnosis (GNO), and EOS (EOS).

You can buy/sell these many different cryptocurrencies via 5 fiat currencies – USD, GBP, JPY, EUR, and CAD – by SEPA or wire transfer.

At this time, they don’t support buying through credit/debit cards.

Other notable features of Karken are:

  • Two-factor authentication.
  • Email supports PGP/GPG signing and encryption.
  • Create a master key for account recovery.

You can check the fee schedule of Kraken here.

Kraken accounts take some time to get verified. There are three tiers, and getting through them all can require some patience. To make sure everything goes smoothly, be sure to take the proper steps.

2. Binance.US

Binance.US Exchange

Binance is the world’s number 1 crypto exchange. However, due to regulatory restrictions in the US, the platform is not available to the residents of the US.

Therefore, in order to cater to the needs of the US customers, Binance launched a separate exchange called Binance.US in 2019.

The exchange supports almost all the states in the US except Hawaii, New York, Texas and Vermont. You can check the updated list of Unsupported States by Binance.US here.

The exchange offers more than 100 different cryptocurrencies. In addition to this, it offers a seamless web interface and mobile application for a wide range of users from beginner to professional to institutional traders.

Further, Binance.US offers one of the cheapest trading fee in the market. The base trading fee is 0.1% of the transaction value. Further, if you hold BNB tokens in your wallet, you get 25% discount. This means that your effective trading fee rate is 0.075%.

Note: BNB is the inhouse utility token of Binance ecosystem.

Not only this, but Binance also offers crypto staking that allows a user to earn passive income on their crypto assets.

Binance.US Exchange Staking


FTX.US Exchange

Similar to Binance, FTX is another top crypto exchange platforms in the world. In order to cater to the restricted ecosystem of the US, FTX launched a separate platform called FTX.US.

The exchange supports a number of services ranging from spot trading, derivatives trading, OTC trading to Debit cards.

The platform offers more than 20 tokens in more than 50 different pairs. Further, the base trading fee of the exchange is 0.1% for makers and 0.2% for takers. For NFTs, 2% of the transaction value is charged as fee from the sellers.

Except New York State, the exchange is available for all the states in the US. You can refer to the list of restricted jurisdictions by FTX.US here.

The exchange offers a seamless web interface along with a mobile application i.e., available for Android and iOS devices. In addition to this, you get access to all advanced charts and indicators that helps with technical analysis.

Lastly, the exchange offers FTX.Pay that allows you send or receive crypto with a click.

4. CEX


CEX is a London, UK-based exchange that has been operating since 2013. It supports the buying and selling of BTC and ETH. CEX has earned quite a bit of respect in the cryptocurrency space and is operational in 99% of countries of the world.

Here are some of the notable features of CEX:

  • Supports wire transfers of USD, EUR, RUB, and GBP.
  • Offers a mobile app.
  • 2-factor account authentication (good security features).
  • Buy/sell/trade Bitcoin and Ethereum.
  • Buy Bitcoin using credit or debit card.
  • Buy Ethereum using credit or debit card.
  • Great 24*7 customer support.
  • Trade exchange.

It also supports the instant purchase of BTC/ETH via Visa/MasterCard credit and debit cards. Read CEX review to learn every feature.

And you should know that while dealing with fiat currencies, you need to verify your identification. Here you will be required to do a card verification and identity verification.

CEX users need not worry about the security of their funds because they have 2FA authentication as well as SMS/call service available for extra security.

Also, the fee structure is pretty easy to understand.

CEX Fee Maker Taker

5. LocalBitcoins (aka LBC)

Local Bitcoins (aka LBC)

LocalBitcoins is a Bitcoin startup and P2P Bitcoin exchange based out of Helsinki, Finland which has been operating since 2012.

If you don’t believe in centralized exchanges and want to go peer to peer, then this is one of the best options out there. It has on the ground Bitcoin buyers and sellers in more than 15,000 cities around the world.

Here you can meet buyers and sellers online and execute a trade offline. You can pay in cash or send them money via wire transfer or PayPal or SEPA or direct bank deposit or whatever (all depending on what the seller wants).

LBC only requires you to register using your email ID, however, you need to verify your identity which will raise trust between traders. Read LocalBitcoins review to learn more.

All the fees on LBC are set by the buyers/sellers, and LocalBitcoins acts as an escrow manager.

Caution: Be sure to check the reputation of the seller; a higher reputation means they’re more trustworthy.

6. Gemini

Gemini is one of the fastest-growing Bitcoin exchanges in the world. They are based out of the United States and are fully compliant with the New York State Department of Financial Services (NYSDFS).

Currently, Gemini is serving the following regions:

Gemini Operations

You can also see here if your country or state is listed in this list.

Gemini supports buying/selling of BTC and ETH against USD which you can wire transfer from the supported countries and states. One notable thing about this exchange is that they don’t charge a fee for wire transfer deposits, however, respective currency conversion charges will still apply.

You can check their trade fee schedule here, and see below for the withdrawal/deposit fee schedule.


They also offer institutional accounts apart from individual accounts for more serious/larger trading.

That said, if you are a beginner, you will have no trouble figuring out how to use this marketplace.

7. Bitcoin ATMs

Bitcoin ATMs

Another alternative to Coinbase and centralized exchanges are Bitcoin ATMs.

However, the trend of BTC ATMs are not yet that prevalent, but if you live in a country where you have Bitcoin ATMs, then this is a great way to get some bitcoins.

All you need is fiat money such as EUR, GBP or USD (these are the currencies most Bitcoin ATMs accept).

A Bitcoin ATM asks you to scan your public address, and it will transfer BTC to that address in the amount of fiat that you deposited into the ATM.

In some cases, if you don’t have a public address, just select the option of “don’t have an address” and the ATM will generate a paper wallet for you (if it supports that feature). Also, you can choose a Bitcoin wallet from our list, and generate a Bitcoin public address that way.

Check here if your country has a Bitcoin ATM

Best Coinbase Alternatives

I should mention that I am not against Coinbase. At the same time, I don’t see any harm in exploring other alternatives for those users across the globe that can’t get access to Coinbase.

That said, there are plenty of options out there to buy and sell Bitcoin. So now all you need to do is go and do it!

If you have any questions or comments or would like to add another suggestion to this list, share your thoughts in the comments below.

And if you find this post useful, do share it with your network!

Here are a few more hand-picked guides to read next:

Frequently Asked Questions (FAQs)

Who has lower fees than Coinbase?

Kraken, Binance.US and FTX.US have lower fees than Coinbase.
Coinbase – Maker Fee 0.4%, Taker Fee 0.6%
Kraken – Maker Fee 0.16%, Taker Fee 0.26%
Binance.US – Maker and Taker Fee 0.1%
FTX. US – Maker Fee 0.1%, Taker Fee 0.2%

Is there a cheaper way to buy Bitcoin than Coinbase?

Kraken, Binance.US and FTX.US provide a cheaper way to buy Bitcoin.
Coinbase – Maker Fee 0.4%, Taker Fee 0.6%
Kraken – Maker Fee 0.16%, Taker Fee 0.26%
Binance.US – Maker and Taker Fee 0.1%
FTX. US – Maker Fee 0.1%, Taker Fee 0.2%

Is Kraken better than Coinbase?

Yes, overall, Kraken is better in terms of availability of service.
Kraken has lower fees than Coinbase. It offers additional types of trading such as Margin Trading, Futures Trading, etc. However, Kraken is not available in Washington and New York State.
Therefore, it also depends on your trading needs and jurisdiction.

8 thoughts on “7 Best Coinbase Alternatives in 2022 – Similar Exchanges”

  1. C

    Add Uphold to your list. Similar to Coinbase but reaches more countries (184 at last count) and offers more options like Dash. And works with Heleum – cool app that automatically floats money to rising currencies.

  2. M

    Which exchange will allow you to sell your cryptocurrencies, convert to USD and transfer back to your bank account?

    I’m aware of Coinbase, is there another?

  3. A

    I am simply asking if bitcoin purchase with credit card has anything to do with the cash advance permitted on that credit card. For example a credit card has a credit limit of 7000USD and cash advance limit of 1000USD. Will i be able to purchase bitcoin worth 5000USD on a platforms like paybis.com, coinmama, bitcoin.com and other Web platforms that allow the use of credit cards to purchase bitcoins online?

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