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Binance vs Coinbase: What’s the Better Alternative?

Discussion in 'Crypto Currency News' started by cryptodude, Nov 10, 2018.

  1. cryptodude

    cryptodude Master of Crypto Staff Member Super Admin Premium Member

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  2. acidicsantana

    acidicsantana Contributor

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    IMO if you’re looking for crypto platforms that offer United States residents a Coinbase alternative, these are your best options:

    • Cash App
    • Abra
    • Robinhood
    How am I qualifying these options? My criteria is as follows:

    • Beginner friendly. This is a bit subjective, but it means that you should be able to get started and purchase crypto without any advanced trading knowledge.
    • Widely available. The service has to be available to a majority of the United States population (some States can be excluded).
    • No wire transfers required. Funding has to be available with a normal U.S. checking account or debit / credit cards.
    • Price markup needs to be reasonable. Many websites will offer direct crypto purchases to U.S. residents with a bank account or credit card, but will charge an obscene markup from the current spot price. Coinbase has a markup of roughly 4%, so that’s what we’re aiming for.
    • Android and iPhone apps. Coinbase is largely successful due to convenience, so any self-respecting Coinbase alternative will need the convenience of a mobile app.

      Full breakdown: https://www.cryptocurrencyposters.com/best-coinbase-alternative-united-states/
     

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