Binance is the largest cryptocurrency exchange available out there. But since the time it got banned in the USA, many users are looking for an alternative.
Although there is the Binance US which you might wish to give a try, but it only has a limited number of coins. Plus, the verification process takes weeks, if not months. So, the question is what are some good alternatives to Binance exchange?
Luckily, Binance is the only largest cryptocurrency exchange available. As per the reports of crypto publication Themoneymongers.com, there are plenty of crypto exchanges available which offer you numerous features and reasonable transaction fees.
So let’s just quickly go ahead and have a look at them:
What Are Some Good Alternatives To Binance Exchange?
1. Coinbase Pro
If you have ever used Coinbase, you would know that the platform isn’t made for advanced traders. However, that has been solved by introducing Coinbase Pro. While Coinbase is targeted at beginner traders.
The Coinbase Pro is meant for advanced traders. On this platform, you will be able to trade in a wide range of digital assets. Plus, it offers you more trading pairs.
The highlighted feature of Coinbase Pro is that it has a lower fee compared to Coinbase. So if you already have a Coinbase account, you can upgrade to the Pro version completely free.
However, once you start trading with Coinbase Pro, your digital assets will get stored in the Coinbase wallet. So if you wish to send or receive cryptocurrencies, this makes it really easy for you.
KuCoin is also one of the top cryptocurrency exchanges available out there. With the help of this platform too, you will get to enjoy advanced trading options.
However, if you are a USA citizen, you won’t be able to complete your KYC. But the good part is that it doesn’t block your account. So you are free to trade crypto with a few limitations.
The cool part of KuCoin is that it has its own currency called KCS, and you can use it to trade other cryptocurrencies.
Along with that, it has a wide selection of cryptocurrencies for you to trade. So if you wish to trade in the popular coins or the not so popular coins, KuCoin is something you must check out.
Overall, it also has affordable exchange fees. However, if you wish to reduce the fees further, you can purchase KCS and earn rewards.
Kraken is also an excellent crypto trading platform that is available in the United States. Also, the best part is that the verification process takes very little time.
With the help of this exchange, you can trade in up to 50+ cryptocurrencies. Although, the list may seem small to you. But it lets you trade in almost all the popular coins. Plus, newer coins are being added to the exchange from time to time.
The best part of this exchange is that it takes security very seriously. So your crypto investments and your identity will stay protected.
Along with that, it also has reasonable exchange fees, which will not really make a dent in your pocket. However, you would only enjoy less fee when you trade with
. So if you are a serious crypto trader, then Kraken pro is something you should check out.
If your primary goal is crypto investment and not trading, then Changelly.com can be an ideal choice for you. Buying and selling crypto coins with Changelly is extremely easy. Plus, it allows you to buy and sell more than 150+ cryptocurrencies.
However, if you are into serious trading, there is the Changelly Pro. The pro version allows you to read signals, place your trades more efficiently, offers you additional security features, has a multi-currency wallet, and so on.
Getting started with the exchange is also pretty straightforward. You can create an account by following a few simple steps. Also, the verification process doesn’t take too long.
However, it has three types of fee structure that includes deposit fee, transaction fee and withdrawal fee. Although, the fees are very nominal. But paying multiple fees is not something many users would like.
Bittrex is also one of the best Binance alternatives that you can try out. It is one of the most trusted crypto exchanges globally, and it is known for its top level of security.
The best part of Bittrex is that it offers you real-time data of TradingView. As a result, you will be able to place trades more efficiently.
Plus, it offers you leveraged tokens. You would get up to 3x leveraged tokens, which will help you to invest more money in the market and get higher returns.
Furthermore, it also charges you a very little trading fee. Even the trading fee is smaller than what Binance charges.
What else? With the help of Bittrex, you can trade in the most popular coins. Also, buying and selling crypto coins is pretty easy, and it only takes a few clicks.
Cex.io offers you the easiest yet most secure way to buy, sell, trade, and earn cryptocurrencies. The Platform is available in most countries, including the USA and UK.
The best part about this exchange is that it allows you to purchase cryptocurrencies using your debit or credit card. Also, you can easily withdraw your funds to your card or bank account in a few clicks.
Along with that, it also offers you reasonable fees for takers and makers. Also, you would enjoy special rates if you are conducting high-volume trades.
What’s more? With Cex.io, you will be able to trade in more than 200 cryptocurrencies. Plus, it accepts a wide range of payment methods.
So those were some of the best Binance alternatives that you can have a look at. If you go by my word, I would strongly recommend you to try out Coinbase for its easy-to-use UI, less trading fee, and the features it is offering.
But yes, you are free to check any other crypto exchange as per your needs. Also, if there is anything else you want to ask, please comment below.