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Want to know how to buy Bitcoin without Coinbase? This article comes with a list of 9 reliable Coinbase alternatives to buy Bitcoin.
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Do you need to go to Coinbase if you want to buy Bitcoin? Or are you from the US and looking for an alternative to the famous Coinbase crypto exchange?
If you’re in the United States and eager to invest in Bitcoin, you may have wondered whether Coinbase is your only option. While Coinbase is undoubtedly one of the most well-known cryptocurrency exchanges, there are several reliable alternatives available.
In this article, we will explore ten trustworthy platforms that offer you the opportunity to buy Bitcoin without relying solely on Coinbase. Whether you’re seeking a user-friendly interface, advanced trading features, or specific regulatory compliance.
By providing these alternatives we can provide you with a diverse range of options to suit your needs. Let’s dive into the world of cryptocurrency exchanges and discover the best alternatives to Coinbase for purchasing Bitcoin.
Buy Bitcoin Without Coinbase: Summary
When you want to buy Bitcoin, especially if you are living in the US, you have to go to an exchange first. Coinbase is often offered as a good alternative to start your Bitcoin-buying adventure.
However, Coinbase isn’t the only one here and there are numerous other places where you can sign up and create an account for free.
Other reliable options for buying Bitcoin in the USA are listed below:
- Gemini(Advanced crypto trading platform)
- Kraken(Established crypto trading platform)
- Coinmama(Buy and sell Bitcoin with a credit card)
- Bitstamp(One of the oldest crypto exchanges)
- Binance.US(The Binance version in the USA)
- eToro(Modern crypto trading platform)
- PayBis(Buy and sell Bitcoin with fiat)
- Uphold(Young crypto trading platform)
- itBit(Regulated Ney York crypto exchange)
The Top 4 Picks
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| Visit Gemini | Go to Coinmama | Visit PayBis | Go here |
Is it Easy To Buy Bitcoin on an Exchange?
It’s quite easy to start buying Bitcoin even if you are not living in the USA. The first step is choosing a hardware or software wallet, and the second is to pick an exchange to buy from. The most difficult step is getting your identity verified through a Know Your Customer (KYC) process. This involves providing your full name, date of birth, and residential address to the exchange. Your identity must then be verified by providing them with a copy of a passport or government-issued ID.
In summary here are the five basic steps for buying Bitcoin:
Step 1: Choose a platform/exchange
The first step to getting Bitcoin is deciding where you are going to purchase it. For most people, the most convenient (and cost-effective) way to acquire crypto is an exchange.
There are a variety of different factors to consider when picking a crypto exchange but we’d argue that security and reputation should always be the most important consideration. In addition here are some other factors to think about: Trading fees, the number of different cryptocurrencies available for purchase, and withdrawal options.
Step 2: Verify Identity
All cryptocurrency exchanges(especially in the USA) are obligated to do some verification (this is known in the industry as Know Your Customer or KYC) upfront. All it requires are some combination of bank account info, a driver’s license or passport, proof of residency, and a current photo. Don’t be dissuaded by this process as the most regulated (and secure) crypto exchanges are required by law to gather that information.
Step 3: Fund your account
After the signup process, you have gained access and are ready to go. However, to be able to do purchases you have to choose a payment option first. Overall you have two options
- Add a bank account
- Add a credit/debit card
Step 4: Buy Bitcoin
After you have chosen a payment option, you are ready to start using the platform. Most modern crypto exchanges have made the buying process very easy. Of course, if you have plans to do some advanced trading you can use these functionalities as well.
Step 5: Recieve the Bitcoin
As you might know, Bitcoin is a cryptocurrency and it uses crypto wallets(software or hardware) where it can be stored or sent away. Most crypto exchanges are using custodian wallets that will create and maintain them for you. All you have to do is check your wallet and decide what your next step will be.
Best Coinbase Alternatives
In the previous chapter, we listed some reliable Coinbase alternatives in case you are planning to buy Bitcoin. Moreover, it must be obvious now that you can bypass Coinbase to be able to buy Bitcoin. Below are the 10 alternatives that can help you on your journey.
How to buy Bitcoin without Coinbase:
Gemini
Gemini is a regulated cryptocurrency exchange and custodian founded by the Winklevoss twins. It offers a user-friendly interface and a secure platform for buying and selling Bitcoin.
Features:
- It is a simple, elegant, and secure way to build Bitcoin and crypto portfolio.
- Discounts up to 0% for volume traders
- Offer good security measures
- Regulation equates to trust for many investors.
- Available Countries: Canada, United Kingdom, United States, Australia, South Korea, and 60+ more.
- KYC Requirements: Full legal name, address verification, date of birth, social security number, phone number, and email.
- Supported System: Android, iOS, Windows, macOS
Key Specs:
| Payment Options: | Minimum Deposits or Purchase: $10 | Fiat Deposit Support: Yes |
| PayPal Payments: No | Direct Bank Deposits: Yes | |
| Credit/Debit Card Payment Support: Yes | Fiat Currencies Supported: USD, EUR, GBP, CAD, AUD, SGD, and more. | |
| Coins & Tokens | Available Cryptos: 75+ | NFT Support: Yes |
| dApps Support: Yes | Margin Trading: No | |
| DeFi Support: Yes | ||
| Transaction Fees: | Fees to Trade: $0.99 to $2.99 | Fee to Buy Crypto: 1.49% to 3.49% |
Kraken
Kraken is a well-established cryptocurrency exchange that allows users to trade Bitcoin and other cryptocurrencies. It offers advanced trading features and strong security measures.
Features:
- A highly comprehensive security approach
- Allows you to buy and sell assets in a single click
- You can reach out to their support team via live chat.
- Kraken automatically checks all addresses for errors.
- Available Countries: Canada, Italy, Denmark, Central African Republic, Japan, and 170+ more.
- KYC Requirements: Photo of ID issued by the government, Passport, National ID, and Driver’s License.
- Supported System: Android, iOS, Windows, macOS, Linux
Key Specs:
| Payment Options: | Minimum Deposits or Purchase: $10 | Fiat Deposit Support: Yes |
| PayPal Payments: No | Direct Bank Deposits: Yes | |
| Credit/Debit Card Payment Support: Yes | Fiat Currencies Supported: USD, EUR, GBP, CAD, AUD, SGD, and more. | |
| Coins & Tokens | Available Cryptos: 65+ | NFT Support: Yes |
| dApps Support: Yes | Margin Trading: No | |
| DeFi Support: Yes | ||
| Transaction Fees: | Fees to Trade: 0% to 0.26% | Fee to Buy Crypto: 0.9% to 1.5% |
Coinmama
Coinmama is a popular platform that allows users to buy Bitcoin and other cryptocurrencies using credit or debit cards. It offers a simple and straightforward purchasing process.
Features:
- You can buy the coins within the limit provided by this application.
- It provides fast verification of your account.
- You can buy XRP, Ethereum, Bitcoin, and other digital currencies.
- Coinmama offers 24/7-hour support.
- Available Countries: Japan, Nigeria, Zimbabwe, USA, Alabama, Arkansas, and more
- KYC Requirements: Passport, Residence documents, Utility bill
- Supported System: Android, iOS, Windows, macOS, Linux
Key Specs:
| Payment Options: | Minimum Deposits or Purchase: $30 | Fiat Deposit Support: Yes |
| PayPal Payments: Yes | Direct Bank Deposits: Yes | |
| Credit/Debit Card Payment Support: Yes | Cryptos Supported: BTC, ETH, DOGE, XRP, UNI, AAVE, LINK, ETC, BCH, EOS | |
| Coins & Tokens | Available Cryptos: 10+ | NFT Support: Yes |
| dApps Support: Yes | Margin Trading: No | |
| DeFi Support: Yes | ||
| Transaction Fees: | Fees to Trade: $30 | Fee to Buy Crypto: 3.41% |
Bitstamp
Bitstamp is one of the oldest cryptocurrency exchanges, known for its reliability and security. It supports Bitcoin trading and offers different order types to accommodate various trading strategies.
Features:
- Competitive trading fees
- Highly rated mobile app
- Earn rewards with crypto staking
- Easy to use
- Globally available
- KYC Requirements: Passport, Residence documents, Utility bill
- Supported System: Android, iOS, Windows, macOS, Linux
Key Specs:
| Payment Options: | Minimum Deposits or Purchase: $10 | Fiat Deposit Support: Yes |
| PayPal Payments: No | Direct Bank Deposits: Yes | |
| Credit/Debit Card Payment Support: Yes | Fiat Currencies Supported: USD, EUR, GBP, CAD, AUD, SGD, and more. | |
| Coins & Tokens | Available Cryptos: 80+ | NFT Support: Yes |
| dApps Support: Yes | Margin Trading: No | |
| DeFi Support: Yes | ||
| Transaction Fees: | Fees to Trade: 0.40% | Fee to Buy Crypto: 4% |
Binance.US
Binance.US is the United States-based branch of Binance, one of the world’s largest cryptocurrency exchanges. It provides a wide range of cryptocurrencies, including Bitcoin, for trading.
Features:
- It offers guaranteed returns on your StableCoins portfolio.
- You can choose between fixed and flexible duration savings.
- Binance facilitates borrowers to transfer their collateral crypto assets to Binance and secure a loan.
- It offers lower transaction fees and flexible interest with less slippage and handling fees.
- Binance offers multiple trading platforms for different levels of trading experience.
Key Specs:
| Payment Options: | Minimum Deposits or Purchase: $10 | Fiat Deposit Support: Yes |
| PayPal Payments: Yes | Direct Bank Deposits: Yes | |
| Credit/Debit Card Payment Support: Yes | Fiat Currencies Supported: USD, EUR, GBP, CAD | |
| Coins & Tokens | Available Cryptos: 100+ | NFT Support: Yes |
| dApps Support: Yes | Margin Trading: No | |
| DeFi Support: Yes | ||
| Transaction Fees: | Fees to Trade: 0.01% | Fee to Buy Crypto: 4% |
Etoro
eToro is a social trading platform that enables users to buy and sell Bitcoin and other cryptocurrencies. It also allows users to copy the trades of successful traders.
Features:
- Highly regulated broker (FCA, CySEC, and ASIC)
- Innovative trading platform
- Provides a wide range of assets to trade.
Key Specs:
| Payment Options: | Minimum Deposits or Purchase: $50 | Fiat Currencies Supported: USD, EUR, GBP, CAD, and more |
| PayPal Payments: Yes | Direct Bank Deposits: Yes | |
| Credit/Debit Card Payment Support: Yes | Fiat Currencies Supported: USD, EUR, GBP, CAD and more | |
| Coins & Tokens | Available Cryptos: 60+ | NFT Support: No |
| dApps Support: No | Margin Trading: No | |
| DeFi Support: No | ||
| Transaction Fees: | Fees to Trade: 1% | Fee to Buy Crypto: 4% |
PayBis
Paybis provides an online exchange supporting the buying and selling of cryptocurrencies with fiat money. Investors can purchase cryptocurrencies on the Paybis platform with one of 47 supported fiat currencies. Additionally, Bitcoin holders can sell Bitcoin on the Paybis exchange for either EUR or U.S Dollars.
Features:
- It keeps your data secure using security standards.
- Provides 24/7 live customer support.
- You can buy crypto from any place.
- Enables you to verify your Paybis account in just a few clicks.
- Available Countries: USA, Australia, Austria, Belgium, Brazil, and more.
- KYC Requirements: International Passport, Identity Card, Driving License
- Supported System: Windows, Mac, iOS
Key Specs:
| Payment Options: | Minimum Deposits or Purchase: Free | Fiat Deposit Support: Yes |
| PayPal Payments: Yes | Direct Bank Deposits: Yes | |
| Credit/Debit Card Payment Support: Yes | Fiat Currencies Supported: USD, EUR, GBP, CAD and many more | |
| Coins & Tokens | Available Cryptos: 500+ | NFT Support: No |
| dApps Support: No | Margin Trading: Yes | |
| DeFi Support: No | ||
| Transaction Fees: | Fees to Trade: 1% to 2.49% | Fee to Buy Crypto: $0.21 |
Uphold
The platform initially functioned more like a traditional e-currency wallet, such as PayPal, but it’s since expanded to become a full-fledged cryptocurrency exchange with a portfolio of assets that includes numerous cryptocurrencies but also equities, precious metals, and more.
Features:
- You won’t incur trading fees on staking, and you can earn up to 25% interest.
- This crypto exchange has over 50 US stocks.
- You can control the number of orders using the Exclusive Limit Orders Feature.
- This crypto exchange allows you to automate your trading strategies to manage price volatility.
- Uphold publishes all crypto holdings and transactions instantly.
Key Specs:
| Payment Options: | Minimum Deposits or Purchase: $10 | Fiat Deposit Support: Yes |
| PayPal Payments: Yes | Direct Bank Deposits: Yes | |
| Credit/Debit Card Payment Support: Yes | Fiat Currencies Supported: USD, EUR, GBP, CAD, and more | |
| Coins & Tokens | Available Cryptos: 200+ | NFT Support: No |
| dApps Support: No | Margin Trading: Yes | |
| DeFi Support: No | ||
| Transaction Fees: | Fees to Trade: $1 | Fee to Buy Crypto: $3.99 |
ItBIT
itBit is a New York-based cryptocurrency exchange that provides a secure platform for trading Bitcoin. It offers institutional-grade services and is regulated by the New York State Department of Financial Services (NYDFS).
Features:
- Low trading fees and rebates for high-volume makers
- Services for personal and institutional traders
- OTC traders only
- Regulated by the New York State Department of Financial Services (NYDFS)
Key Specs:
And these are the best options if you want to buy Bitcoin without Coinbase. Most exchanges listed in this article are mostly US based, however, the majority operate on a global scale.
Related: Best places to buy crypto with Western Union
FAQ – Buy Bitcoin Without Coinbase
Which Exchange besides Coinbase is best?
Below is a list of good Coinbase alternatives for buying Bitcoin online:
- Gemini
- Kraken
- Bitstamp
- Coinmama
- Uphold
Related: 7 Best Crypto Spot Trading Exchanges
Can I Buy Ethereum without Coinbase?
In short, yes that’s certainly possible. Even if you are living in the US you can sign up for all the exchanges mentioned in this article. Overall, to buy ETH or any other cryptocurrency, you have the following options:
- Centralized exchanges(regulated)
- Decentralized Exchanges like Uniswap or Pancakeswap
- Built-in exchanges on crypto wallets
Related: How To Buy Crypto Without Trusting An Exchange
📣Important: List of top Crypto Projects
| 🎁 Swapzone: Find the best crypto offer |
| 🚀 Bitsgap: Best Automated Trading Bots |
| 💲 Nexo: Reliable Crypto Lending Platform and get $25 free Bitcoin |
***To be Profitable in the markets
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Online entrepreneur at uDigitize
Crypto believer and 'Hodler' of Bitcoin since the early days. Spreading the word about this exciting new technology..
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