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.
Today, people generally would think of coinbase if they buy bitcoin using fiat currency, and so it is important to have some information about this matter.
First of all, know that coinbase is a US-based exchange, where they also support the instant purchase of the currency like bitcoin through different reputable debit cards and credit cards. Be informed that for now their service is only serving 32 countries, so it is better that you check in your country if their service is already available or not.
Considering of the limit of availability, know some of the following coinbase alternatives so you will get your hands on some bitcoin.
The first coinbase alternative to mention is the CEX which is a London UK-based exchange that has been in operation since 2013. CEX is operational in 99% countries all over the globe and they keep on adding more countries, thus earning respect in the cryptocurrency space.
The second coinbase alternative for you is a digital financial service company that is in operation since 2013 in cryptosphere, and this company is a venture originally from Slovakia. Investors can buy popular coins here aside from BTC like ETH, BCH, LTC and ADA.
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.
Another coinbase alternative is gemini, one of the fastest growing bitcoin exchanges in the world. They are fully compliant with the New York State Department of Financial Services even though their base is outside of the USA.
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.
Another alternative to centralized exchanges and coinbase are the bitcoin ATMs, and although this is not yet common, if you live in a country where there is already bitcoin ATMs, then this is your best mode to get hold of bitcoins. The currencies that most bitcoin ATMs would accept are fiat money like eur, gbp or usd.
Your next coinbase alternative is the mycelium local trader facility which is similar to localbitcoins which is built into its mobile app.