Overview
Coinbase is the safest U.S. cryptocurrency storage platform, and you should hold your crypto there. Avoid excess fees by trading on Coinbase Pro.
Top Alternative to Coinbase: Binance
Binance is the top contender to Coinbase, with the highest verified trading volume globally. Offering over 160 cryptocurrencies and 500 trading pairs, it’s a comprehensive platform.
Better Alternatives to Coinbase
- Binance โ Best for multiple cryptocurrency options.
- Pionex โ Best for trading bots.
- Bitfinex โ Best for integration with other platforms and products.
Why Avoid Coinbase
Transacting bitcoins on Coinbase compromises privacy and incurs high fees (1.49% to 3.99%).
Best Crypto Exchanges of 2022
- Best Overall: Coinbase and Coinbase Pro.
- Best for Beginners: Cash App.
- Best Decentralized Exchange: Bisq.
- Best for Altcoins: Binance.US.
How to Minimize Coinbase Fees
Use Coinbase Pro to minimize fees:
- Sign in to Coinbase Pro with your Coinbase credentials.
- Select "deposit" and choose the currency to transfer.
- Opt for the Coinbase.com option for lower fees.