Some Choices of the Best Coinbase Alternatives for Buying and Selling Bitcoin
There are now coinbase alternatives that we can choose from when we buy bitcoin.
Coinbase is what many people would think of using as fiat currency when buying bitcoins, therefore, to have some knowledge about this word would come in handy.
Being the most popular exchange to buy and sell for example bitcoin, coinbase is US-based exchange, and the use of debit cards and credit cards can be used. Since their service is only serving 32 countries for now, it is better to check if it is available in your country.
In order to be able to buy some bitcoin, here are some coinbase alternatives that you can consider.
The number one to mention of your coinbase alternative is a London, UK-based exchange called CEX, which has been operating 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. Investors can buy popular coins here aside from BTC like ETH, BCH, LTC and ADA.
Kraken is the third coinbase alternative that we can mention, and this is based out of San Francisco USA and has been operational since 2011. Although they are based in the US, kraken is one of the largest euro to crypto markets in the world and is one of the biggest bitcoin exchanges happening out there.
The next coinbase alternative for your information is gemini which is viewed as one of the fastest growing bitcoin exchanges in the world. Their base is outside of the USA and are fully compliant with the New York State Department of Financial Services.
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. If you are not into centralized exchanges, this is your best option since this is peer to peer purchase, and it has buyers and sellers of bitcoin in more than 15,000 cities all over the world.
Your next alternative to coinbase and centralized exchanges are the bitcoin ATMs, which could be your best way to get some bitcoins if you live in a country where there are already bitcoin ATMs. Fiat money or currencies such as eur, gbp or usd are what most bitcoin ATMs would accept.
Similar to localbitcoins is mycelium local trader with a facility built into its mobile app.