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Topic: Alternatives to Coinbase? (Read 379 times)

member
Activity: 418
Merit: 21
April 20, 2019, 04:18:29 PM
#29
Hello Bitcoin Forum.

Can anyone suggest a good alternative to Coinbase?
I personally don't have much respect for the company with their recent actions and many failed wire-transfers in the past.

The reasons I use Coinbase are...

1. Instant bank USD -> Coinbase USD wallet and I can make a BTC purchase right away (unfortunately paying their high fee).
2. I can use limit orders to purchase/sell BTC without a fee
3. Trying to get my folks into crypto, so I like their simple interface to buy/sell crypto for those not using Coinbase Pro.

Are there any other exchanges that I can use that have these features?

TY!


Bittrex, binance and hitbtc I would recommend these exchanges

Add Kraken, and everything is said. They are 100% trustable and everything works like it should be.
sr. member
Activity: 406
Merit: 265
April 20, 2019, 04:12:43 PM
#28
Hello Bitcoin Forum.

Can anyone suggest a good alternative to Coinbase?
I personally don't have much respect for the company with their recent actions and many failed wire-transfers in the past.

The reasons I use Coinbase are...

1. Instant bank USD -> Coinbase USD wallet and I can make a BTC purchase right away (unfortunately paying their high fee).
2. I can use limit orders to purchase/sell BTC without a fee
3. Trying to get my folks into crypto, so I like their simple interface to buy/sell crypto for those not using Coinbase Pro.

Are there any other exchanges that I can use that have these features?

TY!


Bittrex, binance and hitbtc I would recommend these exchanges
newbie
Activity: 4
Merit: 0
April 20, 2019, 03:25:38 PM
#27
Update on searching for a Coinbase alternative in the US.
Short answer, Coinbase is still the best option.

Coinbase has very high ACH limits and limit buys of only 0.15% if you wait 1 week before buying on Coinbase Pro.
Gemini starts with ACH limit of only $500 per day than goes to $1000 per day. Buy fee is 1%.
Kracken does not accept ACH so wire +fee is the only option.
Cash app appears to be 1.2% above spot.

Please keep this thread updated if you find better fee structure than Coinbase on both ACH and fees.
member
Activity: 258
Merit: 13
I am from Forex world.
April 06, 2019, 04:58:31 PM
#26
Why not try it via Forex brokers? I believe that’s so much more comfortable thing and you get greater scope when it comes to making profits, so why not that? I myself trade with FreshForex and feel so much better than a specific Crypto exchange. Anyhow, it’s down to personal choice.

I do not like Forex and will not suggest anyone who is in crypto to start forex trading. Forex is quite different from Crypto and it is more dependent upon TA and there is no such things like Dependency upon news etc. Also forex market is not as volatile as crypto market is and also I think that crypto has a better future as compare to forex.


You have traded previously? Maybe no because you are wrong with your assessment. Forex is not too much difference from Crypto and I say this because I trade since last 7-8 years with FreshForex broker. I started Crypto trading 6 months ago. Trading on currency pairs or crypto is same but only the way of analyzing is different. Crypto is not entirely dependent on news but news create impact on it. Forex is also volatile when you use some pairs, but some are not volatile. I also understand that you maybe have not done trading or know about it much because Forex is legitimate business under which Crypto is also run. It's like Forex is the body and currency pairs/crypto/commodities and others are parts of it. I think you maybe will understand now. Also you can check education sites like Babypips to learn more about Forex.
 
sr. member
Activity: 2030
Merit: 356
March 06, 2019, 10:20:42 AM
#25
Why not try it via Forex brokers? I believe that’s so much more comfortable thing and you get greater scope when it comes to making profits, so why not that? I myself trade with FreshForex and feel so much better than a specific Crypto exchange. Anyhow, it’s down to personal choice.

I do not like Forex and will not suggest anyone who is in crypto to start forex trading. Forex is quite different from Crypto and it is more dependent upon TA and there is no such things like Dependency upon news etc. Also forex market is not as volatile as crypto market is and also I think that crypto has a better future as compare to forex.
member
Activity: 258
Merit: 13
I am from Forex world.
March 06, 2019, 07:54:16 AM
#24
Why not try it via Forex brokers? I believe that’s so much more comfortable thing and you get greater scope when it comes to making profits, so why not that? I myself trade with FreshForex and feel so much better than a specific Crypto exchange. Anyhow, it’s down to personal choice.
member
Activity: 126
Merit: 29
Get Maximalist or Get Wrecked
March 04, 2019, 06:01:16 PM
#23
~snipped~

From what country you from?

The features you want are always present (as it should be) on a crypto local exchanges.

Try to search for it's available on your country. Or else I will say you must stick with Coinbase and deal with the fees especially your concern about no.1. The instant transfer from bank is one of a good advantages.

And by the way, how much fees we are talking here?

We're building this out by country where to buy (and sell) bitcoin anywhere.

https://www.bestbitcoinbuyers.com/

It's split between the "bank connected" exchanges, Anonymous Options available per country and any other sources like ATM's or meetups even. Low fee bitcoin ATM's are rather rare, some places seem quite keen on them though...

Every country is going to have different "types" of buying and selling over the next 10 years scaling up or down based on their national currency/politicians actions towards bitcoin and "crypto"

We just want to see which countries go "underground" and which ones allow it with their national banks easily...it's going to be interesting!
newbie
Activity: 25
Merit: 0
March 04, 2019, 05:08:23 PM
#22
Although, there are MANY alternatives you could call for Coinbase, but top ones start from Binance and others. There are MANY Crypto Exchanges out there, so you can pick one that suits you and one that makes you comfortable.

I don’t really feel that there is any rocket science to it, but all more to do with common sense only. So, our selection should be made in very careful way, which will also keep us safe and secure with everything.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
March 04, 2019, 03:58:49 PM
#21
~snipped~

From what country you from?

The features you want are always present (as it should be) on a crypto local exchanges.

Try to search for it's available on your country. Or else I will say you must stick with Coinbase and deal with the fees especially your concern about no.1. The instant transfer from bank is one of a good advantages.

And by the way, how much fees we are talking here?
sr. member
Activity: 434
Merit: 253
March 04, 2019, 02:19:37 PM
#20
Hello Bitcoin Forum.

Can anyone suggest a good alternative to Coinbase?
I personally don't have much respect for the company with their recent actions and many failed wire-transfers in the past.

The reasons I use Coinbase are...

1. Instant bank USD -> Coinbase USD wallet and I can make a BTC purchase right away (unfortunately paying their high fee).
2. I can use limit orders to purchase/sell BTC without a fee
3. Trying to get my folks into crypto, so I like their simple interface to buy/sell crypto for those not using Coinbase Pro.

Are there any other exchanges that I can use that have these features?

TY!

how high are the fees ?

full member
Activity: 882
Merit: 126
★777Coin.com★ Fun BTC Casino!
March 04, 2019, 01:24:54 PM
#19
Hello Bitcoin Forum.

Can anyone suggest a good alternative to Coinbase?
I personally don't have much respect for the company with their recent actions and many failed wire-transfers in the past.

The reasons I use Coinbase are...

1. Instant bank USD -> Coinbase USD wallet and I can make a BTC purchase right away (unfortunately paying their high fee).
2. I can use limit orders to purchase/sell BTC without a fee
3. Trying to get my folks into crypto, so I like their simple interface to buy/sell crypto for those not using Coinbase Pro.

Are there any other exchanges that I can use that have these features?

TY!
Did you tried Localbitcoin? Which is actually charges no fee for purchasing from a trader and their deposit and withdrawal fee are also very less and you are not going to get scammed while buying BTC on LBC.
hero member
Activity: 840
Merit: 516
March 04, 2019, 10:33:49 AM
#18
I recommend Bitfinex, it is an exchange that accepts Fiat money and with cryptocurrencies, in addition, many people use it as their personal bank account, it is really very good and the rates are not that expensive. And to trade you can place your Stop Loss and Take Profit at the same time, as well as your orders in limit, and allow the Margin Trade.
I will advise you gradually shift your attention or trading from using bitfinex to other stable exchanges before you end up regretting later.

Though I am fully aware that running crypto business is not an easy business to run but should not be support for clients, it might not have happened to you but when it comes to losing money on bitfinex, it’s rampant without any form of support. Look at 9th of February, they suddenly shut down without giving any reason or tendered apology. So look for other stable exchanges you can use such as Binance.
hero member
Activity: 1120
Merit: 507
March 02, 2019, 02:21:59 PM
#17
There is no exchange without its limitation and coinbase is at the top of list of exchanges when it comes to exchanges that trades in digital currencies but the exchange has its own share of drawback too like the ones you mentioned, limited crypto currencies, limited payment methods and so on and considering all these facts, people like you and I are exploring other alternatives to coinbase and during the cause of my research I found out about this exchange that is quite better than coinbase which is GEMINI, Gemini offers cold storage  wallet, no transaction fee and offer support for quite numbers of crypto currencies.
full member
Activity: 788
Merit: 100
March 02, 2019, 12:03:03 PM
#16
I read some artcile at the internet, the fee for using a service coinbase was really high for the tax, maybe you can try OTC Trade with someone by using a service escrow.
hero member
Activity: 2506
Merit: 645
Eloncoin.org - Mars, here we come!
March 02, 2019, 09:50:01 AM
#15
Hello Bitcoin Forum.

Can anyone suggest a good alternative to Coinbase?
I personally don't have much respect for the company with their recent actions and many failed wire-transfers in the past.

The reasons I use Coinbase are...

1. Instant bank USD -> Coinbase USD wallet and I can make a BTC purchase right away (unfortunately paying their high fee).
2. I can use limit orders to purchase/sell BTC without a fee
3. Trying to get my folks into crypto, so I like their simple interface to buy/sell crypto for those not using Coinbase Pro.

Are there any other exchanges that I can use that have these features?

TY!

I am using Coinbase and i think it is the best one. But still you do not have control over private keys so in case of hack or scam attempt, all our funds will be lost.


Coinbase often freezes withdrawals for a few days. it's unacceptable, I think. to manage funds faster and safer we should use trusted exchange services, to exchange coins in a few minutes instead of a few days.
so, your question is about alternative, my recommendation is - Changenow. I read its reviews on trustpilot and find it reliable.

I think it is normal for any exchange to freeze the withdrawal for any purpose which can be security purpose too. Whenever there is any big transactions which is not normal, the exchange should freeze the withdrawal for sometime and see it there is any hack attempt.
hero member
Activity: 1204
Merit: 505
March 02, 2019, 09:38:15 AM
#14
There are many website where you can be able to trade your btc like the well known binance, and for wallet purpose and making direct purchase from your bank account and withdrawal to your bank account you can make use of criset.io or any other one you can find that is very trusted, you can use google to do a search and you will definitely see this wallet companies and also reviews about their credibility.
hero member
Activity: 798
Merit: 531
Crypto is King.
February 27, 2019, 11:26:32 PM
#13
About the only other site I have known to be similar in that factor is www.circle.com with their simple buy and sell feature for their investing side of the website and app. They even have a portfolio automatic distro feature when you spend a set amount. You can pick from different coin groups or all that they offer as one group. They sort them by flux of the coin and market use and adoption. The only downfall is you can't send or receive it's just a buy or sell type  of platform.
full member
Activity: 882
Merit: 110
February 27, 2019, 11:26:11 PM
#12
Hello Bitcoin Forum.

Can anyone suggest a good alternative to Coinbase?
I personally don't have much respect for the company with their recent actions and many failed wire-transfers in the past.

The reasons I use Coinbase are...

1. Instant bank USD -> Coinbase USD wallet and I can make a BTC purchase right away (unfortunately paying their high fee).
2. I can use limit orders to purchase/sell BTC without a fee
3. Trying to get my folks into crypto, so I like their simple interface to buy/sell crypto for those not using Coinbase Pro.

Are there any other exchanges that I can use that have these features?

TY!
maybe there are some exchanges that apply limit order purchases or sales without credit, but that is only a few now, there are so many exchanges that still apply fees. You can visit the bitstamp to see more details.
legendary
Activity: 2170
Merit: 1789
February 27, 2019, 11:22:54 PM
#11
Quite agree with the Gemini, and to add the list, you can also use CoinMama and CEX but this still vary on your country.

CoinMama just suffered a database leak, while CEX has lots of withdrawal problems just like what happens with any Cryptocapital exchange (Bitfinex, Quadriga, etc). Do you seriously think they're a good alternative?
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
February 27, 2019, 10:32:38 PM
#10
I recommend Bitfinex, it is an exchange that accepts Fiat money and with cryptocurrencies, in addition, many people use it as their personal bank account, it is really very good and the rates are not that expensive. And to trade you can place your Stop Loss and Take Profit at the same time, as well as your orders in limit, and allow the Margin Trade.

You serious? You have to route your money via bizarro offshore accounts that appear and disappear. They may also decide to stop bothering with dollars altogether for a few months again. At one point they'd only accept new customers with deposits over $10,000.

It's the absolute worst place to recommend to a noob who wants to make the occasional buy.
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