Bitcoin Forum

Hi,

I am looking for alternatives to Coinbase to buy Bitcoin from fiat currency (USD) that better transaction fees than Coinbase. Is there any that accepts Amex too?

Thanks
Stephane

I want to know this too
if which supports api is better

You can use LocalBitcoin (https://localbitcoins.com/?ch=n7nw) for buy bitcoin with fiat, another way is using blockchain.info, but blockchain not support to buy bitcoin on some country. Or you can use another service like paxful.

As you said localbitcoins.com is the best place to buy bitcoins using fiat currency because it is available in all the countries so you just can use your local bank account to buy bitcoins.But you need to be caustious while buying bitcoins because the fee is too high at the moment so if a trader sends you the bitcoin with too low fee then it will get unconfirmed for days and may return back to his wallet.So it is better to read the feedback of the traders before initiating your traders.

You can use GDAX and keep your Coinbase account (as they belong together) but get much better rates while buying and selling.

When comparing to localbitcoins you will not find the more value than in any exchange bro. So buying the bitcoin with the localbitcoins is the best option to hold the fund for sometime. When you goes to deposit the fund in the bitcoin wallet, they will ask you deposit fees including the transaction fees. This is what we noticed in the LBC wallet when we use to sell the bitcoins for the money.
When buying the bitcoins with the wallet you should have to use your debit or credit card to get the bitcoins. Automated escrows will handle the transaction safely.

So here what we have so far for services to buy Bitcoin from Fiat Currency. Please add to the list. I cannot believe we have only these alternatives.

• CoinBase
• LocalBitcoin.com
• Paxful

Of course there still a lot of them. Like coinmama, Luno, Bitquick and more. Some exchanger accept fiat too like Cex, and Kraken. And i just checked my cryptopay and looks like you can buy bitcoin with a bank card on there.

Thanks for your input  @cissrawk. Here the updated list

• Coinbase
• LocalBitcoins.com
• Paxful
• Coinmama
• Luno
• Bitquick
• Cex
• Kraken
• Cryptopay

It actually depends on which country you are from because nowadays many local bitcoin exchanges are there in each country and they allow us to buy with either bank deposit or credit cards.


Local bitcoin sellers price usually quite higher than market price so we should find one who can sell at reasonable price. You need to negotiate first how much he has to pay the transaction fee before you send money to him. Also, after he sends money you can ask free accelerators accelerate your transaction.

Localbitcoin.com is a better place for selling our bitcoins than buying bitcoins because normally the price is little higher from the market place.But localbitcoin have traders from all over the world some countries sell for cheaper price too,so if he can find a way to pay them in their local currencies then he can make good profits out of it.
But I am always using localbitcoins.com exchange for buying and selling because it is very easy and comfortable and it allows me to pay in my local currencies over USDs.

Of course sellers have the advantage there. It's an exchange that serves mainly as alternative to how centralized exchanges are more and more forcing people to fully verify themselves, which is something the sellers know as well, so premiums are a normal thing on that platform. I personally think it's well justified, but in some cases the premiums are just too steep. It's not for nothing that LocalBitcoins is climbing up in ranking so quickly - people don't want to hand an utter stranger their personal details, selfie, ID scan, etc. I however have been reading about some unpleasant experiences of people with cocky/shady sellers demanding a higher price when meeting in person, so it's definitely not only positive.

Best option, it's obvious :- localbitcoins.com (http://localbitcoins.com)
Alternative :- kraken.com, note that you need to be in tier 3/4 I'm verification.
Here's the link to answer your questions :- https://support.kraken.com/hc/en-us/articles/215791158-How-do-I-deposit-USD-into-my-account-US-Resident-?mobile_site=true
Another alternative :- bitstamp.net (http://bitstamp.net)
FAQ on how to use bitstamp :- https://www.bitstamp.net/faq/

---

This link should be helpful overall :- https://steemit.com/bitcoin/@jerrybanfield/8-digital-currency-exchanges-with-usd-to-bitcoin

Here the updated list I have so far. Thanks guys for your inputs

• Coinbase
• LocalBitcoins.com
• Paxful
• Coinmama
• Luno
• Bitquick
• Cex
• Kraken
• Cryptopay
• gdax
• wallofcoins

Blockchain.info? there are a lot of alternatives to coinbase, they are the most shitty exchange and they are clearly spamming the whole mempool all day long with all their over-priced fees.

That is why we are always seeing transactions with over 0.0011 worth of fees, and that is insane, since the regular fee is over 0.0005 at the moment.

I do not know, gemini is a good option in order to replace it, i am using this, and it works pretty smooth.

I don't know why you are saying that blockchain.info is another way but you are contradicting your first words about it and as far as majority's concern, we all know that it's a web wallet. There's no way to buy bitcoin there, it's more focused for being a storing wallet.

Try to trade with LBC and take a good experience there, good luck!

Ah my bad, because sometimes in bottom page, some image said "Buy Bitcoin now!" and then i check it again its writed sponsored link on there. I thought it was blockchain.info features.

Localbitcoin and luno all the way.

Those are advertisements so you got them wrong. I assume that you have seen remitano because that's the ad that I'm also seeing most of the time. That's not a feature of blockchain.info and they have to earn through ads too since they are just simple and plain web wallet and they have to provide something just to cover their expenses too.

I think coinbase is the only place that accepts credit cards. If you are in the US and are willing to make a wire transfer, try Gemini. If you are in Europe and can make a SEPA deposit, try Bitstamp.

I have been using Gemini for a while, and it works almost by the same way as Coinbase, only that they do not have 2fa activated on their site.

If you are just lost in the game, why do not you buy a ledger nano? And you can easily store everything in there... But if you use coinbase for buying bitcoins, just move to gemini.

it is almost the same thing, only that it is not based on the US.

When it comes to the crypto market, when you are in the quest of looking for alternatives, you need to be careful of what you wish for because its not always the expected that is being met. Although, Coinbase might have their own excesses but they are still one of the best in the market that would not run away with investors fund. So, looking for alternative, be sure to your own valid due diligence before parting away with your money.

You can use binance as an alternative for coinbase for exchanging bitcoin using fiat. Binance is one of the newest cryptocurrency exchanges on the market that regularly lists new coins and has a high trade volume which recently surpassed $1 billion a day, and they also called it the new bittrex.

Much recommended is LocalBitcoins.com very convenient to used, fast confirmation and small amount of transaction fee.
You can see also paxful and luno, those site is also good to buy bitcoin many good feedback in that site that is why i think that is also good to recommend.
Because me i am satisfied with our local bitcoin exchange and their services is not only buy and selling bitcoin we can used that exchange like a small business.

It depends where you are located but if you are in the USA I have heard that Gemini is the best place to be.Also the Coinmamma is a great place too to buy bitcoins but their fees are also high.If you are in Europe you have a lot of options too, Bitstamp, Bitpanda and Kraken being some of the best places where you can buy bitcoin with FIAT.

I am using coinbase for a long time and never ever thought to change that. But this time due to lots of cyber attacks and the possibility of every digital asset to be hacked. It is a wise decision to diversify your digital assets among different exchanges or wallet and while searching I found top 7 best coinbase alternatives.
Which are lower in transaction fees and easy to access providing same as coinbase feature including security, transaction fees and many more features so did the transfer of few Cryptocurrencies from Coinbase to them, all such platforms I have listed here for user guide I thought this might help for you.
https://www.mrvyasidea.com/coinbase-alternatives.html

There are many alternative to coinbase with quick payout and local fiat option.  Coinbee, kraken, remitano, luno are all alternative to coinbase

Fees on Coinbase are not very cheap so if you like you can try BitPanda, it's an reliable service from austria and they are very popular to convert Fiat/crypto or crypto/Fiat: https://www.bitpanda.com/en

Why coinbase, you may need to try the localbitcoins.com.

wherever you are, you can find the traders at your location. If you can tell you location means I can check by own and share the link to find the traders for the available options you wish.
I see that you are preferred to have amex transaction but not sure whether traders available at your location do that easily. So check and do it as you wish buddy.

IIRC Bitpanda isn't friendly towards those in the United States as they disallow IPs from the United States from purchasing crypto on the site though. I assume OP's in the US if the fiat he/she wants to transfer is USD, though I might be wrong. I tried using them a while back in the United States and I wasn't able to purchase anything.

no one is asking of his/her location. The location might determine the accessibility and currency trade there. Kraken does not trade in Africa and may not pass the KYC there as well,just like binance has taken over in the Africa and can trade bitcoin with virtually all currency there, so is most of exchanges with capacity of fiat to crypto trade.

Some replies questions if what country is in to but he didn't bother to respond on it although we can assume that he from the USA and alike countries where us dollar is the main currency that is being used because he prefers this currency anyway. You are right though, we need to figure out if which country we are in first because a lot of exchanges have a country restriction now.

It is kinda been long since he ask this question, although some users suggested binance, he still did not add it on his list maybe because binance was still a new exchange that time and users still have doubts using the exchange. The currency and payment supported may also not be as wide as they have today.