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Rankings updated November 2026

Alternatives To Coinbase

Coinbase was founded in 2012 and is a platform for buying, selling, storing, and trading cryptocurrency. It supports over 150 cryptocurrencies and is designed for traders new and advanced. But while a popular platform, there are some excellent alternatives to Coinbase.

Read on to review and compare Coinbase vs. Kraken, BitMEX, and Crypto.com. We wrap up by answering what broker to use instead of Coinbase for those ready for a change.

Alternative Crypto Brokers in Switzerland

Tested with a live trading account Accepts traders from Switzerland Your capital is at risk. Trade only with funds you can afford to lose.
  1. Our top pick in Switzerland
    • Coins: BCH, BTC, BTG, ETH, LTC, XRP, EOS, DASH
    • Crypto Spread: BTC <1%, ETH 2%
    • Min. deposit: $100
    • Crypto Spread: $12 (BTC)
    • Platforms: MT4, MT5, TradingView, TradeLocker
    • Min. deposit: $100
    71.28% of retail traders lose money when trading CFDs
    • Crypto Spread: 0.05% BTC, 0.05% ETH
    • Platforms: PXTrader 2.0, MT5, TradingCentral
    • Min. deposit: $0
    • Coins: BTC, ETH, LTC, XRP, BCH
    • Crypto Spread: Variable
    • Platforms: MT4, MT5, TradingCentral
    76.15% of accounts lose money when trading CFDs with this provider.
    • Crypto Spread: From 0.04%
    • Platforms: MT4, MT5, cTrader, TradingView, DupliTrade
    • Min. deposit: $0
    • Crypto Spread: BTC 42.036
    • Min. deposit: $200
    • Regulator: ASIC, CySEC, FSA, SCB, CMA-Kenya

Learn how we test brokers and why you can trust our ratings.

Here is a short summary of why we think each broker belongs in this top list:

  1. AvaTrade 4.9/5 Regulated in five continents, AvaTrade offers a secure way to access crypto markets. There's a growing range of digital currencies including Bitcoin, Ethereum and Ripple, plus more unusually, a crypto index for diversified exposure. You can also access competitive crypto spreads in the broker's three platforms as well as 1:2 leverage.
  2. Eightcap 4.6/5 Eightcap’s crypto offering is best-in-class with 120+ crypto derivatives, surpassing that of almost every alternative. Testing also reveals Bitcoin spreads of 12 pips, coming in lower than most competitors. Add in convenient deposits and withdrawals in digital currencies, and Eightcap offers the complete package for serious crypto traders.
  3. PrimeXBT 4.2/5 Traders can speculate on popular cryptos with commissions as low as 0.05% and high leverage up to 1:200. Additionally, the broker continues to improve its offering by introducing Crypto Futures, with 101 new tokens added in 2025, as well as trading contests with real prizes.
  4. XM 4.8/5 XM offers a handful of cryptocurrencies against the USD to clients in some regions. These are tradable via CFDs with very high leverage up to 1:500, amplifying potential returns but also losses. You can day trade major tokens like Bitcoin, Ethereum and Ripple, though the suite of tokens trails the 100+ crypto derivatives at some category leaders.
  5. Fusion Markets 4.6/5 Fusion Markets offers the best-known crypto tokens paired with USD, and up to 1:10 leverage depending on your location. Bitcoin spreads are competitive starting from 0.04%, while it shines for its top-notch charting tools in MT4, MT5, cTrader and TradingView.
  6. IC 4.8/5 IC offers 20+ cryptocurrencies which are tradable via CFDs, including lesser-known tokens such as Avalanche, Kusama and Uniswap. Commission-free trading is available, and experienced crypto traders can access leverage in the MetaTrader platforms.

Community Sentiment

See how users rate these brokers based on the average customer ratings submitted on DayTrading.com, plus ratings from Trustpilot, the Apple App Store and Google Play.

Community Sentiment
BrokerOur Users' RatingTrustpilot ScoreTrustpilot ReviewsiOS App RatingAndroid App Rating
AvaTrade 4.3 / 54.8 / 5137524.3 / 54.0 / 5
Eightcap 4.0 / 54.0 / 539114.8 / 54.4 / 5
PrimeXBT 4.7 / 53.1 / 54174.6 / 53.8 / 5
XM 4.6 / 52.0 / 531014.7 / 53.9 / 5
Fusion Markets 3.6 / 54.8 / 5106404.8 / 54.4 / 5
IC 4.3 / 52.6 / 543.1 / 54.2 / 5

AvaTrade

Celebrating 20 Years in the industry, AvaTrade offers active traders everything they need: an intuitive WebTrader, powerful AvaProtect risk management, a smooth 5-minute sign-up process, and dependable support you can rely on in fast-moving markets.

Jemma Grist Jemma Grist, Reviewer

AvaTrade quick facts

Coins
BCH, BTC, BTG, ETH, LTC, XRP, EOS, DASH
Crypto Mining
✘No
Auto Market Maker
✘No
Crypto Spread
BTC <1%, ETH 2%
Crypto Lending
✘No
Crypto Staking
✘No
Platforms
WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingView, TradingCentral, DupliTrade
Minimum Deposit
$100
Regulator
ASIC, CySEC, FSCA, ISA, CBI, JFSA, BVI, FSRA/ADGM, AFM, CMA-Kenya, CIRO (via Friedberg Direct)
Account Currencies
USD, EUR, GBP, CAD, AUD, ZAR

Pros

  • The WebTrader excelled in our hands-on tests, sporting a user-friendly interface for beginners, complete with robust charting tools like 6 chart layouts and 60+ technical indicators.
  • Years on, AvaTrade remains one of the few brokers offering a bespoke risk management tool, AvaProtect, that insures losses up to $1M for a fee and is easy to activate on the platform.
  • Support at AvaTrade performed excellently during testing, with response times of 3 minutes and localized support in major trading jurisdictions, including the UK, Europe and the Middle East.

Cons

  • The AvaSocial app is good but not great – the look and feel, plus the navigation between finding strategy providers and account management needs upgrading to rival category leaders like eToro.
  • While signing up is a breeze, AvaTrade lacks an ECN account like Pepperstone or IC Markets, which provides the raw spreads and ultra-fast execution many day traders are looking for.
  • AvaTrade’s WebTrader has improved, but work is still needed in terms of customizability – frustratingly widgets like market watch and watchlists can’t be hidden, moved, or resized.

Eightcap

Eightcap delivers in every area for day traders with a growing selection of charting platforms, education via Labs, and AI-powered tools. Now sporting 120+ crypto CFDs, it's also become a stand-out choice for crypto trading, winning our 'Best Crypto Broker' award two years in a row.

Christian Harris Christian Harris, Reviewer

Eightcap quick facts

Coins
BTC, ETH, LTC, BCH, XRP, XMR, DSH, EOS, XLM, ADA, TRX, DOGE, BNB, DOT, MATIC, VET, AXS, NEO, SOL, UNI, AAVE, KSM, THETA, CAKE, SUSHI, ATOM, XTZ, SNX, COMP, FLOW, EGLD, PUNDIX, RAY, ZIL, QTUM, BAND, OMG, FIDA, BADGER, NEAR and many more
Crypto Mining
✘No
Auto Market Maker
✘No
Crypto Spread
$12 (BTC)
Crypto Lending
✘No
Crypto Staking
✘No
Platforms
MT4, MT5, TradingView, TradeLocker
Minimum Deposit
$100
Regulator
FCA, ASIC, CySEC, FSC, SCB, FSA
Account Currencies
USD, EUR, GBP, CAD, AUD, NZD, SGD

Pros

  • Eightcap has brought in GOLD247 for 24/7 trading opportunities on a gold/USD CFD with leverage up to 1:20, minimum trade size of 0.01 lots, and no commission, appealing to weekend traders interested in the precious metal.
  • With tight spreads from 0 pips, low commission fees, Eightcap provides cost-effective and flexible trading conditions that can accommodate an array of strategies, including day trading and scalping.
  • Eightcap Challenges, the broker's prop trading firm, is multi-regulated, removing the third-party risks we commonly see with white-label prop firms, and its tailoring its funded accounts to crypto traders with around 150 crypto pairs, plus it's integrated into the TradingView interface.

Cons

  • In spite of an increasing variety of tools, Eightcap doesn't offer industry favorites like Autochartist or Trading Central, which offer cutting-edge charting analytics, live news, and market insights for short-term traders.
  • The demo account expires after 30 days and can only be extended upon request - a notable inconvenience compared to the likes of XM with its unlimited demo mode.
  • Eightcap needs to continue bolstering its suite of 800+ instruments to match category leaders like Blackbull Markets with its 26,000+ assets, featuring a particularly weak selection of commodities.

PrimeXBT

PrimeXBT is suited to aspiring traders looking for crypto derivatives alongside traditional markets like forex and indices, all tradable on an intuitive, web-based platform. The copy trading solution is also ideal for hands-off traders with 5-star ratings and performance graphs to help you find traders that align with your preferences and risk appetite.

William Berg William Berg, Reviewer

PrimeXBT quick facts

Coins
BTC, LTC, ETH, XRP, EOS, ADA, DOT, SOL, UNI, LINK, DOGE, BNB, ICP, SAND, PAXG, andmore
Crypto Mining
✘No
Auto Market Maker
✘No
Crypto Spread
0.05% BTC, 0.05% ETH
Crypto Lending
✘No
Crypto Staking
✘No
Platforms
PXTrader 2.0, MT5, TradingCentral
Minimum Deposit
$0
Regulator
FSCA, FSC, FSA, CNAD
Account Currencies
USD, EUR, GBP

Pros

  • Traders can now use crypto balances (BTC, ETH, USDT, USDC) as margin to trade traditional financial markets, without needing to convert funds into fiat currency first.
  • PrimeXBT seriously bolstered its suite of Crypto Futures in 2025, now offering over 200 tokens spanning AI, NFTs, Metaverse, Layer 1 &2, and more.
  • Maker and taker fees of at 0.01% and 0.02%, respectively, for crypto futures contracts are highly competitive within the industry.

Cons

  • Support response times and the choice of channels could be improved to provide active traders with quicker, more comprehensive assistance.
  • Despite improvements like 7 metal additions, the around 350+ instruments still trails competitors, notably OKX with its 400+ assets.
  • Despite licenses from agencies like the FSCA, FSC, CNAD, and FSA, PrimeXBT lacks authorization from a top-tier body, making it higher risk than some other top-rated crypto exchanges and brokers.

XM

With a low $5 minimum deposit, advanced charting platforms in MT4 and MT5, expanding range of markets, and a Zero account offering spreads from 0.0, XM provides all the essentials for active traders.

Christian Harris Christian Harris, Reviewer

XM quick facts

Coins
BTC, ETH, LTC, XRP, BCH
Crypto Mining
✘No
Auto Market Maker
✘No
Crypto Spread
Variable
Crypto Lending
✘No
Crypto Staking
✘No
Platforms
MT4, MT5, TradingCentral
Minimum Deposit
$5
Regulator
CySEC, DFSA, FSCA, SCA, FSA, FSC-Belize, FSC-Mauritius, CMA-Kenya, CMA-UAE
Account Currencies
USD, EUR, GBP, JPY, ZAR

Pros

  • XM has rolled out platform upgrades with integrated TradingView charts and an XM AI assistant, delivering faster execution, smarter analysis, and a sleeker, more intuitive trading experience.
  • XM stands out for its commitment to trader education, with a wealth of well-presented resources, including webinars, tutorials, and even real-time trading sessions through XM Live.
  • XM’s customer support has delivered over years of testing, with 24/7 assistance in 30 languages, response times of under 2 minutes and a growing Telegram channel.

Cons

  • While the XM app stands out for its usability and exclusive copy trading products, the selection of technical analysis tools needs to be improved to meet the needs of advanced traders.
  • XM is falling behind the curve by not offering cTrader, which is favored over MetaTrader by some serious traders for its smoother user experience and superior charting package.
  • XM relies solely on the MetaTrader platforms for desktop trading, so there’s no in-house downloadable solution for a more beginner-friendly user experience with unique features.

Fusion Markets

Fusion Markets is a standout option for forex traders looking for excellent pricing with spreads near zero, industry-low commissions and recently TradingView integration. It’s a particularly good broker for Australian traders where the company is headquartered and regulated by the ASIC.

Jemma Grist Jemma Grist, Reviewer

Fusion Markets quick facts

Coins
BTC, BCH, ADA, ETH, LTC, EOS, XLM, DOT, LNK, AVAX, SOL, MATIC, DOGE, BNB
Crypto Mining
✘No
Auto Market Maker
✘No
Crypto Spread
From 0.04%
Crypto Lending
✘No
Crypto Staking
✘No
Platforms
MT4, MT5, cTrader, TradingView, DupliTrade
Minimum Deposit
$0
Regulator
ASIC, CySEC, VFSC, FSA
Account Currencies
USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD

Pros

  • Fusion Markets is set up to support algo traders with a sponsored VPS solution and a 25% discount if you opt for the NYC Servers VPS for MT4 or cTrader.
  • Fusion Markets offers best-in-class support with very fast, friendly and helpful responses during tests and no frustrating automated chatbot to navigate.
  • The market analysis features, Market Buzz and Analyst Views, are great tools for discovering opportunities and conveniently integrated into the client dashboard.

Cons

  • There is no proprietary trading platform or app built with beginners in mind, a notable drawback compared to AvaTrade.
  • Fusion Market trails alternatives, notably IG, in the education department with limited guides and live video sessions to upskill new traders.
  • The demo account expires after 30 days, limiting its potential as a useful trading tool alongside a real-money account.

IC

IC (formerly IC Markets) offers superior pricing, exceptionally fast execution and seamless deposits. The introduction of advanced charting platforms, notably TradingView, and the Raw Trader Plus account, ensures it remains a top choice for intermediate to advanced day traders.

Christian Harris Christian Harris, Reviewer

IC quick facts

Coins
BTC, BCH, DOT, DSH, EMC, EOS, ETH, LNK, LTC, NMC, PPC, XLM, XRP, ADA, BNB, DOG, UNI, XTZ
Crypto Mining
✘No
Auto Market Maker
✘No
Crypto Spread
BTC 42.036
Crypto Lending
✘No
Crypto Staking
✘No
Platforms
MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade, Quantower
Minimum Deposit
$200
Regulator
ASIC, CySEC, FSA, SCB, CMA-Kenya
Account Currencies
USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD

Pros

  • IC offers among the tightest spreads in the industry, with 0.0-pip spreads on major currency pairs, making it especially cost-effective for day traders.
  • IC offers fast and dependable 24/7 support based on firsthand experience, particularly when it comes to accounts and funding issues.
  • As a tightly regulated and widely respected broker, IC prioritizes client security and transparency, helping to ensure a reliable trading experience globally.

Cons

  • Despite four industry-leading third-party platforms, there is no proprietary software or trading app built with new traders in mind.
  • While IC offers a selection of metals and cryptos for trading via CFDs, the range is not as extensive as brokers like eToro, limiting opportunities for traders interested in these asset classes.
  • There are fees for certain withdrawal methods, including a $20 wire charge, which can eat into profits, especially for frequent withdrawals.

About Coinbase

The firm is based in San Francisco and is a fully licensed and regulated cryptocurrency exchange in 45 US states. Its services are also available globally, including to investors in Australia, the UK, Europe, South America, and Africa. In fact, the crypto exchange boasts over 98 million verified users across more than 100 countries. And while our best alternatives to Coinbase have a lot to offer in terms of tools, features, and fees, few can match the global reach of the crypto exchange.

Products

Coinbase offers a wide range of products to suit beginners and professionals:

  • Coinbase – Buy, sell, trade, and store over 150 tradable cryptocurrencies such as Bitcoin, Ethereum, and Dogecoin.
  • Wallet – Retail investors can manage and store their crypto assets without a centralized brokerage or exchange. There are options to use US dollars or other fiat currencies. Protect your digital assets with industry-leading security.
  • Coinbase Pro – Formerly GDAX, Coinbase Pro is a premium service with an intuitive interface including real-time order books, charting tools, trade history, and a simple order process so you can trade from day one.
  • USD Coin (USDC) – A digital stablecoin that is pegged to the United States dollar.

Platforms

Coinbase

Coinbase is a secure online trading platform that utilizes the US dollar to purchase a growing list of over 150 cryptocurrencies. Geared towards beginners, it has a straightforward, user-friendly interface with options to ‘buy’, ‘sell’ or ‘convert’ when placing a trade.

Coinbase substitutes
Coinbase online platform

Note, the mobile app can be accessed on Android and iOS devices.

Coinbase Pro

As outlined above, Coinbase Pro was formerly known as Global Digital Asset Exchange (GDAX). It is an in-depth platform that caters to more advanced traders. On top of the same functionalities as the original platform, it offers advanced charting functions and the ability to place market limits, stop orders, an easy order process, and detailed trade history. Investors can specify an order type or default to market.

Substitutes to Coinbase Pro platform
Coinbase Pro online platform

Fees

With the exception of Coinbase Pro, fees are expensive compared to competitors. They vary between 0.5% and 4.5% and between payment methods, cryptocurrency type, transaction size, and platform used.

There is a 1% fee to convert and withdraw your crypto to cash in addition to standard network fees. A network fee is necessary to have your transaction processed by the decentralized cryptocurrency network.

If you stake your assets with Coinbase, your reward will be determined by the protocols of the applicable network. The firm will distribute this reward after receipt, minus a 25% commission.

The exchange charges spreads of 0.5% for crypto purchases and sales. Depending on market fluctuation, rates may be higher or lower. On top of that, they also take a flat fee or variable percentage, depending on region, amount purchased, product feature, and payment type. For example, a $100 purchase of Bitcoin with a USD bank account will come with a flat fee of 1%.

Suppose you borrow USD from Coinbase or an affiliate. The brand has to sell your BTC collateral (as they are authorized to do under an applicable loan agreement). In that case, there is a flat fee of 2% of the total transaction.

On the other hand, Coinbase Pro’s fee schedule is straightforward and less expensive. It is based on monthly trading volume and a taker-maker model, which depends on the liquidity of the asset at the time of purchase. Varying between pricing tiers, taker fees are between 0.05% to 0.6%, while maker fees are between 0.00% to 0.4%.

On the basic Coinbase platform, deposits on wire transfers are $10 and $25 to withdraw. The exchange also requires a minimum of $2 to purchase and sell and is capped at $25,000 a day. Trade and balance levels are unlimited on Coinbase Pro. However, withdrawals are limited to $25,000 by default, which can be increased by request.

Best Alternatives To Coinbase

While the crypto exchange has a lot to offer, there are several strong alternatives to Coinbase. See our comparison below:

Kraken

While Kraken offers advanced trader services, it is also considered beginner-friendly. Moreover, it is a great alternative for advanced traders compared to Coinbase Pro.

Established in 2014, Kraken is a hassle-free cryptocurrency exchange. It has margin and OTC trading with over 120 coins. Unlike Coinbase, it does not offer a wallet or its own crypto coin.

Platforms include the Kraken Terminal and Cryptowatch. The Kraken terminal allows you to view markets in real-time and access customizable price charts with a live trade feed, order book, and a depth chart to help you visualize market sentiment.

Advanced features on Cryptowatch include an additional 25 crypto exchange services, automated orders, technical analysis features, and more.

Alternatives to Coinbase - Kraken
Kraken online platform

Fees on Kraken Pro are significantly cheaper than Coinbase and Coinbase Pro. The fee schedule depends on your last 30-day trading volume and is based on a taker-maker model. For example, an account with a 30-day volume of $0 to $50,000 will pay a 0.16% maker fee or 0.26% taker fee. A detailed fee schedule is available on the Kraken website.

Overall, Kraken is among the strongest alternatives to Coinbase.

BitMEX

BitMEX is a peer-to-peer (P2P) crypto trading platform that offers leveraged contracts bought and sold in Bitcoin.

Unlike Coinbase, BitMEX does not handle fiat currency but offers up to 1:100 leverage. As Coinbase has disabled margin trading due to regulatory changes (and is now only available on Coinbase Pro), BitMEX is a great alternative.

BitMEX only offers three Bitcoin products; XBT Perpetual, XBT Quarterly Future, and XBT Biquarterly Future. Instead of investing in currency directly, users simply trade contracts, which can be more volatile than traditional investing. As a result, this platform is more suited to advanced crypto traders.

Alternatives to Coinbase - BitMEX
BitMEX online platform

Since BitMEX only exchanges cryptos, it does not incur added fees for buying crypto with cash. Thus, fees are as low as 0.01% to 0.075%. It also does not charge fees on deposits or withdrawals. However, a minimum Bitcoin Network Fee is paid to the Bitcoin miner who processes your transaction (this fee does not go to BitMEX).

Ultimately, BitMEX is one of the best alternatives to Coinbase for users looking to cut costs and advanced investors.

Crypto.com

Monaco Technologies GmBH was the initial trade name for Crypto.com, which was founded in 2016. The owner’s goal was to accelerate the world’s adoption of cryptocurrencies. Today, the firm is headquartered in Hong Kong and has over 4,000 employees in countries such as China, Russia, the United States, and the United Kingdom.

Various financial institutions regulate the firm in each of its operating nations, ensuring that it complies with monetary and risk-prevention laws, such as the FCA in the United Kingdom. And with over 50 million users across 90+ supported countries, the exchange is continually growing.

Alternatives to Coinbase - Crypto.com
Crypto.com app

Crypto.com became the first-ever official global partner of UFC in 2021, and the total number of CRO coins available is capped at 30 billion. This follows the burning of 70 billion CRO tokens, the greatest such burn in crypto history.

The trading costs on Crypto.com are both competitive and clear. Trading fees are dependent on volume, so the more you trade, the more discounts you get. And importantly, there are no hidden fees. But because the trading volumes necessary for the lower costs are so high, inexperienced investors may not be able to take advantage of this benefit.

Fortunately, staking and paying fees with CRO might help you save money. On CRO stakes, you can get a 10% p.a. bonus.

The following is a fee tier guide for trading and selling:

  • Level 1: 30-day trading volume of $0-$25,000, 0.4% maker and 0.4% taker charges
  • Level 2: 30-day trading volume of $25,001-$50,000 0.35% maker and 0.35% taker charges
  • Level 3: 30-day trading volume of $50,001-$100,000, 0.15% maker and 0.25% taker charges
  • Level 4: 30-day trading volume of $100,001-$250,000, 0.1% maker and 0.16% taker charges
  • Level 5: 30-day trading volume of $250,001-$1,000,000, 0.09% maker and 0.15% taker charges
  • Level 6: 30-day trading volume of $1,000,001-$20,000,000, 0.08% maker and 0.14% taker charges
  • Level 7: 30-day trading volume of $20,000,001-$100,000,000, 0.07% maker and 0.13% taker charges
  • Level 8: 30-day trading volume of $100,000,001-$200,000,000, 0.06% maker and 0.12% taker charges
  • Level 9: 30-day trading volume of $200,000,001+, 0.04% maker and 0.1% taker charges

Because Crypto.com has over 250 tokens available, the exchange makes for a good alternative to Coinbase. Similar to Coinbse Earn, you can also complete missions. In exchange, you get diamonds which can be converted into prizes.

Pros Of Coinbase

  • Trading on more than 150 cryptocurrencies
  • Simple interface for new crypto investors
  • Cryptocurrencies are insured
  • Low minimum deposit
  • High liquidity

Cons Of Coinbase

  • Complicated and expensive fee structure on original Coinbase platform
  • Growing list of reliable alternatives to Coinbase broker
  • Lack of autonomous control on wallet keys

Final Word On Alternatives To Coinbase

Considered one of the top cryptocurrency exchanges in the industry, Coinbase is well-positioned to meet various investment goals and skill levels. Coinbase Pro also provides a good all-around platform for advanced traders with decent fees, while the standard solution has a simple and user-friendly interface for new traders. Unfortunately though, costs on Coinbase are quite expensive in general.

Overall, when comparing alternatives to Coinbase, Kraken is one of the best options. It is cheap to trade with and offers a wide range of platforms and coins. It also provides one of the best mobile app alternatives to Coinbase.

FAQs

What Is A Similar And Better Alternative To Coinbase?

Out of Kraken, BitMEX, and Crypto.com, Kraken offers amongst the most similar service to Coinbase. It has competitive products such as a crypto wallet and fiat currencies. Its trading platforms also suit both new and advanced traders while offering services that Coinbase doesn’t, such as P2P and margin trading.

What Are Cheaper Alternatives To Coinbase?

Coinbase’s original trading platform has the highest and most complicated fees of all alternatives mentioned in our review. However, when comparing Coinbase Pro, the brand provides similar and competitive rates. As BitMEX only exchanges cryptocurrencies via contracts, it has the cheapest fees amongst all alternatives mentioned, with a range of 0.01% to 0.075%.

Is Coinbase Legal In The UK?

Yes – Coinbase does operate legally in the UK. It is also available in Australia, Canada, Singapore, the United States, and a number of European countries based on regulation. With that said, the UK’s Financial Conduct Authority (FCA) banned the sale of crypto derivatives in 2021 because of the risk to retail consumers. Coinbase is only regulated in 45 states in the US.

How Do I Buy And Sell On Coinbase Without Fees?

While it is not widely popular and known, it is possible to buy Bitcoin without fees on Coinbase Pro. This can be done as a maker or taker. To find out how, head to the official website.

Does Coinbase Sell Instantly Vs. Alternatives?

Whether you can sell instantly will depend on which region you are from. It typically takes one to two business days to complete for US customers after initiating a sell or withdrawal. However, buying and selling occur instantly for the UK and European customers as the local currency is stored within your Coinbase account. Coinbase is, therefore, in line with many alternatives.