So you want to buy Bitcoin online without using Coinbase? Good news, there are more options available when it comes to buying Bitcoin online.
Coinbase is awesome, as it made buying Bitcoin fast and simple. However, Coinbase has a few flaws such as high fees, limited accessibility, and lack of supported altcoins. Additionally, the original Bitcoin community believes that Coinbase is basically becoming a centralized location for Bitcoin, which defeats the purpose of using Bitcoin.
These are some of the popular Coinbase alternatives.
CEX is a digital currency exchange based in London based Coinbase alternative. CEX has been in business since 2013. CEX supports the buying and selling of BTC and ETH. The exchange charges 0% to 0.2% commission on trade operations. Rejoice, CEX also supports the instant purchase of BTC or ETH via credit/debit cards. CEX allows USD, EUR, GBP, RUB, Bitcoin, Ether, Bitcoin Cash, Dash, Zcash, and Bitcoin Gold deposits and withdrawals.
Changelly is one of the spots I’ve used many times to buy Bitcoin online. Changelly is a digital currency exchange based in San Francisco. The exchange has been in business since 2013. Changelly is very fast and doesn’t require verification. Changelly allows USD, EUR, Bitcoin, Ethereum, Litecoin, Zcash, Bitcoin Gold, Monero, Ripple, Golem, Lisk, and 25+ other altcoin for deposits and withdrawals.
Gemini is the US-based Coinbase alternative. Gemini is a digital currency exchange based in the United States and is fully compliant with the New York State Department of Financial Services. Gemini supports buying/selling of BTC and ETH against USD. Gemini was launched back in 2015. Gemini doesn’t charge a fee for wire transfer deposits, however, currency conversion charges will still apply. Gemini allows USD, Bitcoin, and Ethereum deposits and withdrawals.
Bitstamp is a digital currency exchange based in Luxembourg. Bitstamp allows trading between USD currency and bitcoin cryptocurrency. Bitstamp allows USD, EUR, Bitcoin, Litecoin, Ethereum, Ripple or Bitcoin Cash deposits and withdrawals.
Kraken is another digital currency exchange based in the United States. Kraken is a Coinbase alternative based in San Francisco. Kraken allows USD, EUR, CAD, GBP, Bitcoin, Ethereum, Litecoin, Ethereum Classic, DASH, Monero, Ripple, Zcash, Stellar Lumens, Bitcoin Cash, and other a few altcoin deposits and withdrawals.
Based in Finland, Localbitcoins is a simple marketplace that allows Bitcoin buyers and sellers to connect, similar to Craigslist. After creating an account, buyers or sellers can create a listing with their location and their preferred payment method to trade Bitcoin. Payments are done in local fiat currencies, such as USD or GBP.