If the trader is willing to sell, purchase or trade their multiple digital assets with fiat, then the best possible exchange platform which helps the investors for pursuing their task is Coinbase Cryptocurrency. Due to its well versed and diversified products availability. It becomes the first preference of some organizational clients and the matter is not only for exchange only. Other activities such as trading your coins to take rewards and achieve payment in terms of crypto for availing goods and other services and many more are also possible with the Coinbase Cryptocurrency exchange platform. It is better to start investing a small amount of money by choosing a reliable platform on this Page.
No doubt that the above said features are favourable in the case of a crypto exchange platform. But despite these advantages, the major issue of transactional fees also matters as compared to other cryptocurrencies. Hence it would be a better option for savings in terms of transactional fees in the case of the Coinbase crypto exchange platform. As these exchanges offered you to take an interest in stocks along with crypto investment, selling or buying crypto through payment channels, automating the orders, and many more activities. Let’s take a look at the best alternatives of Coinbase:
1) Bitstamp significance: it is one of the best competitors of Coinbase. As it is an older, more experienced, and tested platform for crypto exchange, therefore it offers d number of cryptocurrencies but the count is less than the Coinbase Cryptocurrency in the case of Coinbase, more than 100 of developing regularly. It is surprising fact that staking includes only two types of cryptocurrencies which are Ethereum and Algorand. As exchange includes some trading best features and organizational investment for both freshers and well as experienced investors. Moreover, in case of security constraints, it is the responsibility of exchange platforms to make the user’s fund safer and secure whenever being traded, received, or selling of them.
2) Crypto.com a crypto exchange website: this crypto exchange supports investing, staking, trading, and NFTs of the cryptocurrencies. But the most desirable feature of it is to enable the merchants to accept crypto payments. Moreover, its functionality is more famous than that of Coinbase. Therefore, it becomes the best and first choice of some merchants.
3) CoinSmart crypto: In 2018, in Canada, the kat famous and desirable cryptocurrency platform that comes in limelight was CoinSmart. It is possible to trade several crypto coins with multiple tokens against each other. Why it becomes the first preference just because CoinSmart is one of the best options to trade Bitcoin on its platform through fiat currency? And it also provides a guarantee that the proceeds will reach your account within the same day.
Other than this if you are interested to trade with other cryptos then swapping would be done for BTC on the available spot exchange.
4) Coinmama: the most famous exchange platform which was on the priority list in 2013 was CoinMama. It provides an exchange facility in approximately 200 countries and serves more than 2.5 million clients. it directly gives the opportunity of buying or selling the cryptocurrency straightforwardly on the Coinmama crypto exchange. It provides crypto at fewer prices to local users. As it is not an end-to-end exchange like other cryptos but it’s transactional processes executed between the exchange and users.
In addition to this, Coinmama provides free-of-cost crypto purchases through bank accounts whereas Coinbase is chargeable for this facility. Hence Coinmama is the best alternative to the Coinbase crypto exchange platform. Moreover, if the order is below $40,000, then it will be free of cost. But unfortunately, there are only three cryptos available that are supported by the Coinmama exchange platform which Bitcoin, Cardano, and Ethereum which support some countries. payment methods such as Visa, PayPal, Google pay, etc. are some of the platforms where the leverage payment method is possible.
Final Thoughts
The transaction fee is crucial to a trader as they can consume or add up this transaction fee to gain profit from it. If the user is fresher and wants to trade for small amounts, then they would not think of other highly payable transactional fees. Before the number of readers are high, in the transactional fee can be translated into a minimum of 100 dollars if we first do not think about the thousand counts. There is no doubt that Coinbase is the best option for excellent crypto exchange, but it is in limelight due to its highly payable transactional fee. Hence a Coinbase alternative that would charge a low transaction fee but will come out as good as Coinbase is an option of smart thinking.