https://ift.tt/reVvKCL Bitflyer alternatives: top competitors and exchanges better than Bitflyer

8 Bitflyer alternatives: top competitors and exchanges better than Bitflyer

https://ift.tt/61COZKx

Intro


Bitflyer is one of the leading crypto exchanges in Asia with more than 2.5 million registered users. In this article, we will go through some of the best alternatives to Bitflyer, so let’s jump into details.

Best BitFlyer alternatives


Kucoin


Regulated & high liquidity

kucoin logo

KuCoin

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Low
πŸ‘› Verification – 1 day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – Β USD, EUR, GBP, AUD, CAD + 20 more

Founded in 2017 and with H.Q. in Singapore, KuCoin is among the leading cryptocurrency exchange platforms on the market. It has 10+ million users worldwide and 6+ billion in 24h trading volume.

More info +

KuCoin offers an impressive number of cryptocurrencies that you can buy, sell, and trade with one of the lowest fees in the crypto industry. KuCoin supports buying, selling, futures, leverage, spot trading, spot grid trading, margin trading, staking, lending, P2P trading, OTC trading, earn, and pool. It has 500+ cryptocurrencies available for trade and 1000+ trading pairs. Today, KuCoin is available in more than 180 countries around the globe.

⚑ Deposit fees:
Free
⚑ Withdrawal fees:
0 – 16$ (average)
⚑ Trading fees:
0 – 0.1 %
⚑ Payment Methods:
Debit and Credit card, Apple and Google Pay
⚑ Supported fiat:
USD, EUR, GBP, AUD, CAD + 20 more

Β  Wide range of coins
Β  Low fees
Β  Mobile App (Android and iOS)
No forced KYC
10+ M users
Innovative and quick to add new features

Not licensed in the U.S.
Limited payment methods

Binance


Established & high liquidity

8 Bitflyer alternatives: top competitors and exchanges better than Bitflyer

Binance

πŸ‘› Ease of Use – Medium
πŸ‘› Fees – Low
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, AUD, RUB

Binance was launched back in July of 2017 and very quickly became the world’s largest cryptocurrency exchange by trading volume with more than $1 billion on a daily basis.

More info +

There are various reasons why Binance became so popular so quickly with the main ones being a professional attitude, friendly and transparent CEO, low trading fees, and the large number of cryptocurrencies supported by the platform. In fact, the number of cryptocurrencies supported is over 350 and Binance is supported in over 60 countries. The founder of the exchange is Changpeng Zhao. Binance’s headquarters are in Hong Kong, HK.

⚑ Deposit fees:
Free
⚑ Withdrawal fees:
Vary from crypto to crypto
⚑ Trading fees:
0.1%
⚑ Payment Methods:
Debit Card, Credit Card, SWIFT, Bank Transfer (SEPA), and more
⚑ Supported fiat:
USD, EUR, GBP, AUD, RUB, and 15+ more

Β  The largest cryptocurrency platform
Β  Various advanced services and features
Β  Low fees and high liquidity
A large number of cryptocurrencies supported

Not fully registered
Hacked in 2019

Coinbase


Regulated & high liquidity

coinbase

Coinbase

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Average
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – EUR, USD, and 50+ more

If we want to mention the biggest cryptocurrency exchanges in the world, Coinbase is most likely the first name that comes to our mind. Coinbase is a very powerful crypto platform, especially in the US.

More info +

In total, it has over 60 million users around the world which is a remarkable number. The headquarters of Coinbase is in San Francisco, California. Coinbase is not only a typical exchange, but it also offers a cryptocurrency wallet, so we can safely say it is a suitable place for crypto investors.Β 

⚑ Deposit fees:
Credit/Debit Card: 3.99%SEPA: €0U.S Bank Transfer: 1.49% (the US $0.15 min.)Coinbase USD wallet: 1.49%ACH Transfer USD: $0 Wire Transfer USD: $10
⚑ Withdrawal fees:
SEPA: €0.15U.S Bank Transfer: 1.49% (US $0.15 min.) Coinbase USD wallet: 1.49%Wire Transfer USD: $25
⚑ Trading fees:
Fees vary
⚑ Payment Methods:
Bank Account, Debit Card, Credit Card, Wire Transfer, SEPA Transfer
⚑ Supported fiat:
USD, EUR, GBP, AUD, CAD, CNY & 50+ more

Β  Very large user base and extremely popular
Β  Debit card available
Β  A variety of fiat currencies supported
Over 100 cryptocurrencies supported

No future or margin trading
Fees are fairly high

Kraken


Regulated & high liquidity

8 Bitflyer alternatives: top competitors and exchanges better than Bitflyer

Kraken

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Average
πŸ‘› Verification – 2-3 Days
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, JPY, CAD

If we are talking about the β€œbig three” in the crypto exchanges world, then Kraken definitely joins Coinbase and Binance to be a part of it.

More info +

Kraken has millions of active users, international markets, and strategic investors on board. It was launched back in 2011 so it is one of the oldest crypto exchanges in the world. Headquarters are in San Francisco, California, U.S. The founder and the CEO of the company is Jesse Powell.

⚑ Deposit fees:
EUR SEPA Deposit (Free) – EEA countries only USD Bank Wire Deposit ($5 USD) – US onlyEUR Bank Wire Deposit (€10) – outside the US only USD Bank Wire Deposit ($10 USD) – outside US onlyJPY Bank deposit (Free, Β₯5,000 deposit minimum) – Japan-only USD, Wire Deposit (Free)
⚑ Withdrawal fees:
Cryptocurrency: Fees vary, SEPA Withdrawal (€0.09) – EEA countries only USD Bank Wire Withdrawal ($5 USD) – US only USD Bank Wire Withdrawal ($60 USD) – outside US onlyEUR Bank Wire Withdrawal (€60) – outside US onlyJPY Bank withdrawal (Β₯20) – Japan onlyCAD EFT Withdrawal ($10 CAD)
⚑ Trading fees:
Maker: 0.16%Taker: 0.28%
⚑ Payment Methods:
Fedwire, Bank Transfer (SEPA), SWIFT, Wire Transfer, Etana Custody, Silvergate Exchange Network (SEN), FPS, CHAPS, and BACS, PayID, Osko
⚑ Supported fiat:
USD, EUR, GBP, JPY, CAD

Β  Available almost worldwide
Β  Longevity on the crypto market – highly respected exchange
Β  Over 90 cryptocurrencies
Advanced trading and staking services

Fees are fairly high compared to its main competitors
No derivates or futures trading

Cex.io


Regulated & Established

8 Bitflyer alternatives: top competitors and exchanges better than Bitflyer

Cex.io

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – High
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, RUB

Cex.io is one of the crypto exchanges that has been around the longest, since 2013. At first, it started only as a Bitcoin exchange and cloud mining provider, but we can now safely say Cex.io is a g global crypto platform that has over 4 million users. The reputation of the exchange seems to be very high, mainly due to its longevity on the crypto market.

More info +

Cex.io is a crypto platform with various services since it offers fiat to crypto purchases, spot trading
margin trading, staking as a service, crypto loans, and savings accounts. CEX is authorized as an MSB by FinCEN and has a Level 2 PCI DSS data security clearance. The exchange shows due diligence for storage, processing, and transmission of payment cards data.

⚑ Deposit fees:
Β 0 – 3.99 %
⚑ Withdrawal fees:
0 – 3 %
⚑ Trading fees:
0 – 0.25 %
⚑ Payment Methods:
Credit Card, Bank transfer, ACH, Epay, Skrill, SEPA, Faster Payments
⚑ Supported fiat:
USD, EUR, GBP, RUB

Β  Well-established and highly appreciated
Β  It has been around for a very long time
Β  Over 4 million users
Advanced trading features

Extensive Verification Process
Lower liquidity when compared to main competitors

Uphold


Regulated & high liquidity

uphold exchanges

Uphold

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Low
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, GBP, EUR + more

Launched in 2015 in New York, Uphold represents an exchange platform that supports crypto, precious metal, US equities, Forex trading, and commodity trading.
Uphold has gained popularity through its Anything-to-Anything feature that enables users to trade different types of assets. There are more than 50 cryptos supported, including majors, alt-coins, stablecoins, and emerging tokens.

More info +

There are a variety of different payment methods such as Bank Transfer, Wire Transfer, Crypto Exchange, SWIFT, Credit/Debit Card Payment, and many more. Depositing and withdrawing are free of charge, but users have to pay network and trading fees. The trading fees aren’t fixed, and they vary depending on the trading spread (the spreads are based on the trading asset and country).

⚑ Deposit fees:
Free
⚑ Withdrawal fees:
Free
⚑ Trading fees:
Based on spreads
⚑ Service fees:
1% – 3%
⚑ Payment Methods:
Debit/Credit Cards, Bank Transfer (SEPA), SWIFT, ACH Transfer, Wire Transfer, Crypto Conversion, etc.
⚑ Supported fiat:
USD, GBP, EUR, and 15+ more

Β  Anything-to-Anything feature
Β  Straightforward registration process
Β  Enables investments in US stocks, national currencies, and precious metals
There isn’t a fixed minimum investment

Telephone and Live-chat support doesn’t exist
Lower volume assets require higher spreads

ByBit


Trusted & high liquidity

8 Bitflyer alternatives: top competitors and exchanges better than Bitflyer

ByBit

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Low
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – None

Bybit is a somewhat late addition to the ever-growing suite of exchanges looking to provide cryptocurrency derivative trading services.

More info +

The platform came to be sometime in 2018 with its original headquarters being established in Singapore. Since then they’ve expanded their operations to additional offices in Hong Kong and Taiwan in an effort to support their growing user base of 100,000+ traders hailing from places such as North America, Europe, Russia, Japan, South Korea and Southeast Asia.

⚑ Deposit fees:
Free
⚑ Withdrawal fees:
Free
⚑ Trading fees:
-0.025% – 0.075%
⚑ Payment Methods:
Only crypto
⚑ Supported fiat:
None

Β  Up to 100x leverage
Β  No mandatory KYC
Β  Reduced risk of price manipulation and liquidations

No US citizens allowed
Limited number of supported coins

Bitstamp


Trusted & high liquidity

Bitstamp

Bitstamp

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Low
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP

Bitstamp was launched back in 2011 by two Slovenians – Damijan Merlak and Nejc Kodrič. It is considered one of the oldest crypto exchanges in the world. Bitstamp moved from Slovenia to the UK in 2013 and then in 2016, it moved to Luxemburg where it is based today.

More info +

Bitstamp has an extremely large user base – over 4 million. The exchange is considered one of the most secure and safest ones to its longevity on the crypto market.
The main services of the platform are buying and selling cryptocurrencies, spot trading, and staking. However, keep in mind that Bitstamp does not support some of the advanced trading services such as margin or future trading.

⚑ Deposit fees:
0 – 5 %
⚑ Withdrawal fees:
Sepa – 3 EUR, ACH – Free, Credit cards – 5%, International wire – 0.1%, and crypto – depends on the asset (0.0005 BTC)
⚑ Trading fees:
0 – 0.5 %
⚑ Payment Methods:
Credit/Debit Card, ACH Transfer, SEPA, USD Wallet, Faster Payments, and International Wire.
⚑ Supported fiat:
USD, EUR, GBP

Β  Competitive fees
Β  Security and safety on a high level
Β  The longevity on the crypto market
Suitable for all types of traders (beginners and experienced ones)

The number of coins could be higher (50)
The number of coins available for staking could be higher (2)
No advanced trading services such as staking or margin trading

Read also:

FAQs


Which exchange is better than Bitflyer❓

All exchange mentioned in this article is a valid alternative to Bitfyler. Coinbase stands out.

The post 8 Bitflyer alternatives: top competitors and exchanges better than Bitflyer appeared first on CaptainAltcoin.

Cryptocurrency

Get In Touch