For many people starting their journey into cryptocurrency, Coinbase has become the go-to platform. With over 30 million users and more than $150 billion in trading volume, it's no surprise that Coinbase dominates the beginner market. Its clean interface, strong security, and easy onboarding make it an attractive first step for new investors.
But as your experience grows, so do your needs. Many users quickly realize that Coinbase comes with high fees—ranging from 1.49% to 3.99%—and limited trading functionality. If you're looking for better rates, more advanced tools, or access to a broader range of cryptocurrencies, it’s time to explore some reliable Coinbase alternatives.
Let’s dive into six top platforms that offer improved features, lower costs, and greater flexibility for both beginners and experienced traders.
Gemini: Advanced Trading at Lower Costs
If you’ve outgrown Coinbase’s simplicity or want to reduce trading expenses, Gemini is a compelling alternative. Founded in 2015 by the Winklevoss twins, Gemini combines regulatory compliance with a powerful trading experience.
The platform supports over 26 cryptocurrencies and offers more trading pairs than Coinbase. Unlike Coinbase’s fixed-price model, Gemini uses an order book system, allowing users to place limit orders, market orders, and advanced types like maker-or-cancel (MOC) and immediate-or-cancel (IOC).
👉 Discover how low-fee trading can boost your crypto returns
This gives traders control over pricing and execution—potentially securing coins at better rates than what’s available on standard buy/sell platforms.
Gemini also provides real-time order book analytics, making it ideal for those interested in learning technical analysis (TA). Watching how buy and sell walls form helps investors anticipate price movements and refine their strategies.
One of the biggest advantages? Fees. While Coinbase charges up to 3.99%, Gemini’s fees range from -0.10% (a rebate for high-volume makers) to just 0.25%. That’s a dramatic reduction, especially for frequent traders.
With strong security measures, insurance coverage, and a user-friendly mobile app, Gemini strikes a balance between accessibility and sophistication—perfect for evolving investors.
Coinbase Pro: Seamless Upgrade from Coinbase
Formerly known as GDAX, Coinbase Pro is the professional-grade sibling of Coinbase—same company, vastly different experience.
Designed for users who already have a Coinbase account, it allows instant and free fund transfers between accounts. This makes transitioning smooth and cost-effective. Once funds are moved, trading fees drop to a maximum of 0.25%, compared to Coinbase’s much higher standard rates.
The interface is clean and data-rich, displaying key elements like price charts, trade history, and order books all on one screen. This layout supports informed decision-making and helps users develop deeper market insights.
Coinbase Pro supports market, limit, and stop-loss orders, and even offers margin trading (though this is best left to experienced users due to volatility risks).
While not as beginner-friendly as the main Coinbase app, its familiarity makes it one of the easiest ramps into advanced trading—especially for those already in the ecosystem.
Kraken: Expand Your Altcoin Portfolio
When you’re ready to move beyond Bitcoin, Ethereum, and Litecoin, Kraken opens the door to a much wider crypto universe.
With support for 50+ cryptocurrencies, including major altcoins like Cardano, Solana, Polkadot, and Chainlink, Kraken gives investors far more diversification options than Coinbase.
It’s also one of the few reputable exchanges that allow direct fiat-to-altcoin purchases, meaning you don’t need to first buy Bitcoin or Ethereum to access lesser-known tokens.
Kraken offers three trading interfaces:
- Simple: Ideal for beginners
- Intermediate: Balanced tools and data
- Advanced: Full-featured pro trading
This tiered approach makes Kraken accessible to all skill levels, though the default layout can feel overwhelming at first due to its dense information structure.
Security is solid, fees are among the lowest in the industry (starting at 0.16%), and customer support is functional—though response times can vary.
👉 See how accessing more altcoins can diversify your portfolio
For investors seeking breadth, trustworthiness, and value, Kraken stands out as a top-tier alternative.
Bitcoin ATMs: Accessibility Over Affordability
Bitcoin ATMs serve a unique role—they provide access to cryptocurrency for people without bank accounts or identification documents (in some cases). These machines operate like traditional ATMs but dispense Bitcoin or other digital assets in exchange for cash.
However, convenience comes at a steep price.
Most Bitcoin ATMs charge fees between 10% and 25%, far exceeding any online exchange. Exchange rates are often significantly worse than market prices. For example, when Bitcoin was trading around $5,970, one local ATM priced it at $6,818—a markup of over 14%.
Additionally, many ATMs now require ID verification and selfies for compliance with anti-money laundering (AML) regulations, reducing their appeal for privacy-focused users.
Despite these drawbacks, they remain vital for unbanked populations or travelers needing quick access to crypto without relying on banks or cards.
They’re not ideal for regular investing—but when alternatives are unavailable, they fulfill an essential function.
Frequently Asked Questions (FAQ)
Q: Why should I consider a Coinbase alternative?
A: While Coinbase is beginner-friendly, it charges relatively high fees (up to 3.99%) and offers limited trading tools. Alternatives often provide lower costs, more coins, and advanced features like order books and limit trading.
Q: Is Gemini safer than Coinbase?
A: Both platforms have excellent security records. Gemini is regulated by the New York State Department of Financial Services (NYDFS) and offers insurance similar to Coinbase. Neither has suffered a major breach.
Q: Can I trade altcoins on Coinbase Pro?
A: Coinbase Pro supports fewer cryptocurrencies than Kraken or Gemini. It primarily focuses on major assets like BTC, ETH, and LTC. For broader altcoin access, Kraken is a better choice.
Q: Are Bitcoin ATM fees worth it?
A: Generally no—if you have banking access. But for unbanked individuals or urgent cash-to-crypto needs, they offer irreplaceable convenience despite high premiums.
Q: Do I need verification to use these exchanges?
A: Yes. Most reputable platforms require KYC (Know Your Customer) verification to comply with financial regulations. This typically involves submitting ID and proof of address.
Q: Which alternative has the lowest fees?
A: Gemini and Kraken both offer tiered fee structures starting as low as 0.16%, with potential rebates for high-volume traders. Both are significantly cheaper than standard Coinbase rates.
Final Thoughts: Choose the Right Fit for Your Goals
Coinbase excels as an entry point—but growth demands evolution.
- Choose Gemini if you want lower fees and more advanced trading without complexity.
- Switch to Coinbase Pro for a seamless upgrade within the same ecosystem.
- Pick Kraken when you’re ready to explore diverse altcoins with low costs.
- Use Bitcoin ATMs only when necessary—due to high fees and poor rates.
Each alternative addresses specific gaps in Coinbase’s offering. Whether you prioritize cost efficiency, portfolio diversity, or ease of transition, there’s a platform tailored to your stage of the crypto journey.
👉 Start exploring low-fee exchanges and take control of your trading costs today
By stepping beyond Coinbase, you gain more control, better pricing, and expanded opportunities—all essential for long-term success in the dynamic world of digital assets.