Coinbase is a cryptocurrency platform that you can use to purchase, sell and transform digital currency. It is offering offline storage to store digital assets. It is also offering the best platform to start trading. You can easily buy and sell the most popular digital currencies. Along with selling and buying these digital currencies, you can also keep track of them in one place. To ensure the security of your wallets, it is offering added security to the users. Along with these benefits, it has also some drawbacks. For example, it is offering limited payment options. It is also tracking the activities of the users. That’s why users are looking for the best alternatives to Coinbase. Here, we will discuss seven Coinbase alternatives that you can use on android mobile.
CEX.IO:
It is providing the best platform for users to buy and sell Bitcoins. To buy Bitcoins, you will have to deposit funds. It is allowing users to deposit funds by using Visa Card, Master Card, or PayPal. To secure the assets and data, it is allowing the users to follow the scalping and frequency trading strategies. If you have Bitcoins in your wallet, you can trade these Bitcoins for USD. It is offering full data encryption to the users. Due to this full data encryption, it is protecting the users against DDoS attacks. By using this platform, you don’t need to create a new account for more trade. It is the best platform that you can use on your mobile devices and desktops. The services of CEX.IO are available in more than thirty-five states of the USA.
Local Bitcoins:
You can also use this Coinbase alternatives platform to buy and sell Bitcoins. To buy and sell Bitcoins, it is allowing users to post advertisements. In these advertisements, they can state rates and payment methods. They can also bid on the advertisements of other users. It is showing support for various payment methods. Therefore, you are not limited to use only one payment method. To ensure the safety of traders and Bitcoins, it is offering escrow protection. If you want to make transactions outside of the traditional banking sector, you can easily make these transactions. You can also use this platform to save prosperity of the Bitcoins from political risks.
Bitfinex:
It is also one of the best alternatives of Coinbase that you can use on your mobile device. Bitfinex is offering the best platform to the users to exchange Litecoin and EOS etc. It is also allowing the users to enable the peer to peer funding. You can easily get access to this platform through mobile devices. Anyhow, if you want to get access to the advanced chart tools of this platform, you will have to visit its website. It is providing the best opportunity to visualize the order with ease. You can also integrate this tool with a wide variety of other tools and products. To make your trading easy, it is offering lots of tools. If you want to measure the performance, you can utilize its comprehensive reports.
eToro:
It is a cryptocurrency trading platform and one of the best Coinbase alternatives that you can use as a replacement for your codebase. By using this platform, you can easily build your crypto-based portfolio. While using this platform, you can also enjoy the benefits of the near-immediate execution of the market orders. To ensure the protection of your wallets, it is using industry-leading security protocols. You can easily save your private information on this platform. It will never share your private information with anyone else without your permission. You can also get an opportunity to save your funds in reputable banks. It is working on zero commission. It means that you don’t need to pay the fee while closing or opening the position.
Gemini:
Recommended by an assignment help firm, if you are looking for a fully regulated exchange platform, it is one of the best Coinbase alternatives platforms for you. It is providing the best opportunity to the users to legitimate cryptocurrencies across the world. You can trade cryptocurrencies in almost all the cryptos. To build a Bitcoin and crypto portfolio, you will have to follow a simple, elegant, and secure method. For the volume traders, it is offering almost zero percent discounts. To ensure the security of your wallets, it is offering good security measures. While trading cryptocurrencies, it is difficult for us to trust the investors. To increase the trust of the traders, it is offering regulation equates. When you are buying or selling Bitcoins, you should not worry about fraudulent.
Pionex:
The users can also use Pionex as a Coinbase alternatives platform on their mobile devices. It is providing almost 12 trading bots to the users. By using these trading bots, the users can automate their trading. Its trading fee is almost 0.05%. This trading fee is for both makers and takers. If we compare this fee with others, we know that it is lower than other exchanges. The users can also use its Grid Trading bots. By using these bots, they can easily buy cryptocurrency at lower prices. After buying at lower prices, they can sell at higher prices. It is also providing the best opportunity for retail investors to make passive income without any risk. By using the Smart Trade terminal of this platform, you can easily save yourself from the loss.
Binance:
It has become one of the best crypto exchange Coinbase alternative platforms. By using this platform, you can easily trade more than 100 cryptocurrencies. That’s why it is considered as one of the strong alternatives to Coinbase. Binance has its API. It is allowing the users to integrate the current trading application. It is offering a wide range of tools to users for online trading. It is also providing 24/7 customer support to the users. You can easily use it on android, IOS, and web devices. For trading, it is offering both basic and advanced interfaces. The users can get an idea about its popularity from the fact that it has almost 1.2 bn average daily trading volume. They are making almost 1,400,000 transactions just within a second.
