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Author Topic: Alternatives to Coinbase?  (Read 319 times)
kon21 (OP)
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February 27, 2019, 07:17:59 PM
 #1

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!
Awesomus Maximus
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February 27, 2019, 07:40:43 PM
 #2

Maybe you can take a look at the following thread

https://bitcointalk.org/index.php?topic=2730633.0;all

where you will find a list of alternatives to coinbase. The thread is one year old but as far as I can see still valid.
LeGaulois
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February 27, 2019, 08:01:04 PM
 #3

Maybe Gemini and Bitstamp for the trading feature you're looking for. But as a web wallet with a "friendly" UI like Coinbase has, to be honest, I don't think there is any, or at least not coming to my mind. As we all have different preferences...

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February 27, 2019, 08:28:51 PM
 #4

There won't be much else out there with that simplified UI. I'd go with Gemini if I was in the US myself but it's definitely an exchange, not a buying service.

There is also this - https://cash.app/help/us/en-us/1110-bitcoin

But I don't know if it has limit orders.

There's also Abra - https://support.abra.com/hc/en-us/articles/360000629091-How-do-I-buy-Bitcoin-with-Abra-

But I don't know a single thing about that.
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February 27, 2019, 09:18:06 PM
 #5

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!
Depending on your location I can suggest different exchanges that can give the same advantages on Coinbase. Kraken is mainly best in terms of exchange rates but Bitstamp verification is a pain for passing KYC&AMl.
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February 27, 2019, 09:28:48 PM
 #6

I think this article is what you need

https://www.bitpremier.com/buy-bitcoins

You can use your credit card to buy Bitcoin on few other exchanges instead of Coinbase but it still depend on your region but for now, Coinbase is still the most popular exchange to purchase cryptocurrency by visa/debit card.

AIGO
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February 27, 2019, 09:30:37 PM
 #7

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.
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February 28, 2019, 01:05:27 AM
 #8

Maybe Gemini and Bitstamp for the trading feature you're looking for.

Quite agree with the Gemini, and to add the list, you can also use CoinMama and CEX but this still vary on your country.

Perhaps, OP can consider local bitcoin, though it's not on his criteria but he can save his life for paying huge fee in coinbase. It also accommodate fees in cash or bank wire transfer, all depends on the agreement of seller and buyer.

Happy Coding Life Smiley
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February 28, 2019, 02:36:22 AM
 #9

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.

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February 28, 2019, 03:32:38 AM
 #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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February 28, 2019, 04:22:54 AM
 #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?

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February 28, 2019, 04:26:11 AM
 #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.
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February 28, 2019, 04:26:32 AM
 #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.
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March 02, 2019, 02:38:15 PM
 #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.
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March 02, 2019, 02:50:01 PM
 #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.









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March 02, 2019, 05:03:03 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.
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March 02, 2019, 07:21:59 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.
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March 04, 2019, 03:33:49 PM
 #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.
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March 04, 2019, 06:24:54 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.

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March 04, 2019, 07:19:37 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 ?

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