Some Choices of the Best Coinbase Alternatives for Buying and Selling Bitcoin
Plenty of options are now made available when you buy bitcoin and you can choose your coinbase alternative based on your needs and location.
As people buy bitcoin, they would generally thing of using coinbase like fiat currency, thus to know about this mode is an important matter.
For a start, know that coinbase is a US-based exchange where purchase of the currency has an instant support using various reliable debit cards and credit cards. At present though they are only serving 32 countries so you might have to check if their service is available in your country.
In order to be able to buy some bitcoin, here are some coinbase alternatives that you can consider.
CEX is the number one coinbase alternative that we can mention, and this is a London, UK-based exchange which has been in operation since 2013. Earning now respect in the cryptocurrency space, CEX is operational in 99% countries of the world plus they are adding on their list more countries.
Your next coinbase alternative is coinmama which is a digital financial service company that is operating since 2013 in cryptosphere from Israel but has a venture origin in Slovakia. Among the popular coins that are allowed for investors to buy in this company are ETH, BCH, ADA, LTC, and BTC.
Another coinbase alternative is kraken, which is based out of San Francisco USA and has been operational since 2011. Kraken is not only one of the biggest bitcoin exchanges in the market, they are also one of the largest euro to crypto markets in the world, considering they are based in the US.
Considered as one of the fastest growing bitcoin exchanges in the world is gemini as your alternative coinbase alternative. The base of this alternative is out of the United States but are fully compliant with the Department of Financial Services of New York.
Next as your coinbase alternative is LBC or localbitcoins, a startup and P2P bitcoin exchange, which has been in operation since 2012 based out of Helsinki, Finland. This is one of the best option for those who do not believe in centralized exchanges and would prefer peer to peer, plus it has buyers and sellers of bitcoin around the world in more than 15,000 cities.
For those living in a country where there are already bitcoin ATMs, then this is your next alternative to centralized exchanges and coinbase, considering this is not yet a prevalent mode. What you need is fiat money like eur, gbp or usd which most bitcoin ATMs would accept as currencies.
Similar to localbitcoins is mycelium local trader with a facility built into its mobile app.