8 Bitflyer alternatives: top competitors and exchanges better than Bitflyer
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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 letβs jump into details.
Best BitFlyer alternatives
Kucoin
KuCoin
Fees β Low
Verification β 1 day
Reputation β Trusted
Supported fiat β 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 +
Deposit fees:
Free
Withdrawal fees:
0 β 16$ (average)
Trading fees:
0 β 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
Binance
Fees β Low
Verification β 1 Day
Reputation β Trusted
Supported fiat β USD, EUR, GBP, AUD, RUB
Binance was launched back in July of 2017 and very quickly became the worldβs largest cryptocurrency exchange by trading volume with more than $1 billion on a daily basis.
More info +
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
Coinbase
Fees β Average
Verification β 1 Day
Reputation β Trusted
Supported fiat β 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 +
Deposit fees:
Credit/Debit Card: 3.99%SEPA: β¬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: β¬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
Deposit fees:
EUR SEPA Deposit (Free) β EEA countries only USD Bank Wire Deposit ($5 USD) β US onlyEUR Bank Wire Deposit (β¬10) β outside the US only USD Bank Wire Deposit ($10 USD) β outside US onlyJPY Bank deposit (Free, Β₯5,000 deposit minimum) β Japan-only USD, Wire Deposit (Free)
Withdrawal fees:
Cryptocurrency: Fees vary, SEPA Withdrawal (β¬0.09) β EEA countries only USD Bank Wire Withdrawal ($5 USD) β US only USD Bank Wire Withdrawal ($60 USD) β outside US onlyEUR Bank Wire Withdrawal (β¬60) β outside US onlyJPY Bank withdrawal (Β₯20) β 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 β 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
Cex.io
Fees β High
Verification β 1 Day
Reputation β Trusted
Supported fiat β 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 +
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 β 3.99 %
Withdrawal fees:
0 β 3 %
Trading fees:
0 β 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
Uphold
Fees β Low
Verification β 1 Day
Reputation β Trusted
Supported fiat β 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 +
Deposit fees:
Free
Withdrawal fees:
Free
Trading fees:
Based on spreads
Service fees:
1% β 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 isnβt a fixed minimum investment
Telephone and Live-chat support doesnβt exist
Lower volume assets require higher spreads
ByBit
Deposit fees:
Free
Withdrawal fees:
Free
Trading fees:
-0.025% β 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
Bitstamp
Fees β Low
Verification β 1 Day
Reputation β Trusted
Supported fiat β USD, EUR, GBP
Bitstamp was launched back in 2011 by two Slovenians β Damijan Merlak and Nejc KodriΔ. 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 +
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 β 5 %
Withdrawal fees:
Sepa β 3 EUR, ACH β Free, Credit cards β 5%, International wire β 0.1%, and crypto β depends on the asset (0.0005 BTC)
Trading fees:
0 β 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
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