Alternatives | The Best Alternatives In The Market

Jack Moreau
Feb 2024
Fact checked

In the dynamic world of digital currencies, has carved out a substantial niche for itself. However, several other platforms are worth considering, offering unique features that meet different investing and trading needs. Below you find the top 9 alternatives to in 2023!

pros & cons


+250 Cryptos & Low Fees
Perpetuals & 20X Leverage
Licensed & Regulated
Earn, NFTs & Wallets


Not very user friendly website
High crypto withdrawal fees
Average 24-hour trading volume
No fiat deposit with credit/debit card

vs alternatives
Spot Fees
Countries N/A
Best for
Spot & Low Fees
Your Capital is at risk.

Uphold: Best Alternative For Beginners

Established in 2013 by Halsey Minor, Uphold is a versatile digital money platform based in London. Uphold operates in 184 countries, although it has restrictions in certain countries such as Argentina, Australia, Austria, Belgium, Germany and the Netherlands.

Uphold: Alternative
Uphold: Alternative

Uphold provides a user-friendly platform that allows users to trade a variety of financial instruments, including cryptocurrencies, precious metals, and fiat currencies.

Uphold supports an extensive range of over 300 cryptocurrencies, including popular options like Bitcoin and Ethereum, as well as traditional currencies and commodities such as gold and silver.

Signing up on Uphold requires users to provide an email, password, and select their country of residence. KYC verification is mandatory for all users and involves providing additional personal information and government ID.

Uphold has a user base of 10 million users, with over 5 million downloads of its Android app. The platform offers a clean and simplified interface suitable for beginners.

Uphold supports staking for over 30 cryptocurrencies and provides support for 15 stablecoins. Users can also automate their investments through repeat purchases.

For cryptocurrency transactions under $100, Uphold charges a fee of $0.99 USD, with a spread ranging from 0.9% to 1.8% for trades above that amount. The spread fees are closer to 0.9%-1.2% in the US, EU, and UK.

Uphold supports three fiat currencies: USD, EUR, and GBP. Fiat deposits can be made through debit/credit cards, bank transfers (ACH/Wire) for USD, SEPA for EUR, and Faster Payments (FSP) for GBP.

Fiat withdrawals can be made via bank transfers (ACH/Wire), SEPA, and Faster Payments (FSP), and they are free of charge.

Find more information in our Uphold Exchange Review

Kucoin: Best Alternative For Altcoins

Kucoin was established in 2017 by Michael Gan and is a global cryptocurrency exchange operating under MEK Global Limited, registered in Seychelles.

Kucoin, a alternative to consider
Kucoin, a alternative to consider

With over 600 employees, Kucoin serves customers in over 200 countries, excluding the United States and China. The exchange offers a diverse range of services, including spot trading, margin trading, futures, staking and lending.

Kucoin supports over 800 cryptocurrencies which includes popular coins like Bitcoin and Ethereum, as well as a wide selection of hard-to-find altcoins. Kucoin has attracted an impressive user base of over 20 million.

Signing up on Kucoin is a quick process, requiring only basic email signup and KYC verification is not mandatory. Kucoin provides spot and margin trading for various altcoins, futures trading, leveraged tokens, and trading bots.

Additionally, the platform offers financial services such as lending and borrowing, enabling users to earn interest on their digital assets.

Kucoin consistently ranks among the top 10 exchanges in terms of liquidity, with daily spot trading volumes ranging from $600 to $900 million. Trading fees on Kucoin start at 0.10% for spot trading and 0.02% for futures trading.

Dig deeper in our Kucoin Exchange Review

eToro: Best Alternative for Stocks & Commodities

eToro is more than just a cryptocurrency trading platform, offering stocks and commodities trading as well. For those looking for a diversified platform, this is the one.

eToro Exchange
eToro Exchange

eToro was is a globally recognized social trading and multi-asset investment platform based in Seychelles. With over 2,000 employees, eToro operates in 140 countries, offering a user-friendly interface and innovative social trading features.

Users can trade a diverse range of financial instruments including stocks, commodities, indices, currencies and cryptocurrencies.

eToro's unique community driven approach allows users to follow and copy the trades of experienced investors, resulting in a user base of 30 million and over 10 million app downloads.

The registration process on eToro is swift, taking approximately a minute, although users must undergo KYC verification before they can start trading.

eToro provides an extensive range of financial assets, including 80 cryptocurrencies, 3,000 global stocks, various indices, 30 commodities, 300 ETFs and more than 50 fiat currencies.

Trading fees on eToro consist of a 1% fee for buying and selling cryptocurrencies, without any volume-based rebates. The platform supports four fiat currencies: USD, EUR, GBP, and AUD. Users can deposit funds using bank transfers, PayPal, Skrill, Neteller, and credit/debit cards.

Fiat deposits on eToro are free of charge, while withdrawals can be made to bank accounts or debit cards, subject to a $5 withdrawal fee.

eToro places significant importance on security and regulatory compliance, operating under the supervision of regulatory bodies such as the Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and the Australian Securities and Investments Commission (ASIC).

More details can be found in our eToro Exchange Review

products vs alternatives
Copy trade
Lend & Borrow
Your Capital is at risk.

Binance: Best Alternative for Europeans

Binance is a prominent cryptocurrency exchange founded by Changpeng Zhao in 2017 that is registered in the Cayman Islands. With over 6,000 employees, Binance operates in 186 countries serving a vast user base exceeding 140 million.

Binance is a great Alternative
Binance is a great Alternative

However, certain regions such as the US, Ontario, Iran, and Syria have restrictions. Creating a Binance account is a quick process, although users are required to undergo Know Your Customer (KYC) verification.

Binance offers a comprehensive range of services, including spot trading, futures trading, margin trading, perpetual swaps, options trading, staking, earning products, and a launchpad for new projects.

Supporting over 350 cryptocurrencies, Binance is renowned for its deep liquidity with daily spot trading volumes consistently surpassing $10 billion. Binance allows leverage of up to 125x on futures, while trading fees include a spot maker fee of 0.1%.

Binance supports 26 fiat currencies, facilitating various deposit options such as bank transfers (Swift, Signet, SEPA, Faster Payments), Visa, Mastercard, PayID, and Advacash, each with different deposit and withdrawal fees.

Binance places significant importance on regulatory compliance, registering as a Digital Asset Service Provider (DASP) in France and Italy, a Virtual Asset Service Provider (VASP) in Spain and Poland, and ensuring compliance with FINTRAC in Canada.

Learn more in our Binance Exchange Review

fees vs alternatives
Spot fee (mkr)
Spot fee (tkr)
Futures (mkr)
Futures (tkr)
Your Capital is at risk.

Bitget: Best Alternative for Derivatives

Bitget was established in 2018 and headquartered in Singapore. It is a well-known crypto derivatives exchange registered in Seychelles. With a dedicated team of over 1,000 employees, Bitget serves users in 100 countries excluding the United States and Canada.

Bitget exchange
Bitget exchange

he platform offers an extensive range of products and services to it's 8 million users including spot trading, futures, margin trading, copy trading, staking, earn products, and trading bots.

With an average daily spot trading volume exceeding $500 million, the platform supports spot trading for over 500 cryptocurrencies, offering users a comprehensive selection of digital assets.

Trading fees on the platform are competitive with a 0.10% fee for spot trading and 0.02% for futures trading. While KYC verification is not mandatory for crypto-to-crypto trading, it is required for users intending to engage in fiat transactions.

Learn more in our Bitget Exchange Review

Kraken: Best Alternative for Margin Trading

Kraken was founded in 2011 by Jesse Powell and is a well-established cryptocurrency exchange headquartered in San Francisco, United States. With a dedicated team of over 2,000 employees, Kraken operates in 190 countries.

Kraken exchange
Kraken exchange

Serving a user base exceeding 9 million, Kraken predominantly caters to customers in North America and Europe. The platform offers a wide range of services, including spot trading, margin trading, futures trading, and staking.

The platform also caters to advanced traders with leveraged products and over 200 cryptocurrencies. To ensure compliance and user protection, Kraken mandates a thorough Know Your Customer (KYC) process for identity verification.

Demonstrating strong liquidity, Kraken consistently ranks among the top 10 exchanges, with daily spot trading volumes ranging from $300 to $600 million.

Trading fees on Kraken are competitive, starting at 0.16% for spot trading and as low as 0.02% for futures trading. Kraken supports deposits in seven fiat currencies, including USD, EUR, CAD, AUD, GBP, CHF, and JPY, offering multiple deposit methods.

Kraken places great emphasis on regulatory compliance, holding registrations as a Money Services Business (MSB) with FinCEN and recognized by respected regulatory bodies worldwide.

Explore further with our Kraken Exchange Review

Bybit: Best Alternative for Trading

Bybit was founded in 2018 by Ben Zhou and is a rapidly growing derivatives exchange headquartered in Singapore and registered in the British Virgin Islands. With a workforce of over 1,000 employees, Bybit serves customers in more than 200 countries, excluding restricted regions such as the United States and Canada.

Bybit exchange alternative to
Bybit exchange alternative to

Bybit specializes in advanced trading options, providing leverage of up to 100x for perpetual contracts, futures, and inverse contracts for various cryptocurrencies like Bitcoin and Ethereum.

With a user base exceeding 10 million, Bybit has gained significant traction in Europe and Asia. Bybit provides access to a diverse selection of 350 cryptocurrencies for buying and trading.

The signup process on Bybit is quick and straightforward, and KYC verification is not mandatory. Bybit offers an extensive product range, including spot trading, futures, margin trading, perpetual swaps, options, and leveraged tokens.

Additional features include trading bots, copy trading, lending and borrowing services, an NFT marketplace, and the Bybit card for digital asset spending.

Daily spot trading volumes frequently exceed $1 billion, highlighting the platform's liquidity. Trading fees on Bybit are competitive, with a fee structure of 0.10% for spot trading and 0.01% for futures trading. Bybit supports five fiat currencies for deposits and withdrawals, offering various payment methods to facilitate transactions.

More details are in our Bybit Exchange Review

OKX: Best Alternative Overall

Founded by Star Xu in 2017, OKX is a leading cryptocurrency exchange based in Hong Kong and registered in Seychelles. With more than 1000 employees, OKX operates in 180 countries, providing a comprehensive range of trading services, including spot trading, margin trading, perpetual contracts, futures, and options. alternative, OKX Exchange alternative, OKX Exchange

Catering to a user base of 20 million traders, OKX supports the trading of over 350 cryptocurrencies. The signup process is straightforward, requiring only an email or phone number, although basic KYC verification is mandatory for trading.

OKX prioritizes user experience, offering a user-friendly interface and maintaining high liquidity with daily spot trading volumes ranging from $500 million to $1 billion.

The exchange implements competitive trading fees, charging spot trading fees of 0.08% for makers and 0.10% for takers. For futures trading, makers are charged 0.02%, and takers pay 0.05%.

Although fiat currency deposits are not supported, users can buy cryptocurrencies using credit/debit cards or third-party payment providers. OKX holds a Virtual Asset (VA) license in Dubai, ensuring regulatory compliance and providing a secure trading environment.

Get the full scoop with our OKX Exchange Review

security vs alternatives
Proof of reserves
Singapore & FCA (UK)
Your Capital is at risk.

MEXC: Best Alternative for Copy Trading & ETFs

Founded in 2018 by John Chen, MEXC Global has emerged as a reputable cryptocurrency exchange registered in Seychelles. With a team of over 500 employees, MEXC operates in more than 200 countries, serving a diverse user base of over 6 million traders.

MEXC Exchange Alternative
MEXC Exchange Alternative

While certain regions such as the United States, Canada, and OFAC countries are restricted, MEXC offers an extensive range of services and features.

The exchange provides support for over 1,000 cryptocurrencies and a vast collection of 2,000 trading pairs. As such, traders have abundant options to explore various market opportunities.

While KYC verification is not compulsory, completing primary or advanced levels of verification unlocks additional features and higher withdrawal limits.

MEXC offers a comprehensive suite of trading products, including spot trading, leveraged ETFs, margin trading, quantitative trading, futures trading, copy trading, and demo trading.

Additionally, the platform provides savings products through lending and staking, enabling users to earn passive income on their digital assets.

With a daily spot trading volume consistently surpassing $1 billion, MEXC demonstrates robust liquidity. The platform offers leverage of up to 200x for futures trading and up to 10x for margin trading, empowering users to amplify their potential returns.

Trading fees on MEXC vary depending on the trading pair, with a maker fee of 0.2% and potential fee reductions for holders of MX tokens.

Discover more in our MEXC Exchange Review

+250 Cryptos & Low Fees

Perpetuals & 20X Leverage

Licensed & Regulated

Earn, NFTs & Wallets

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Jack Moreau
Jack is a crypto writer and reviewer who has been active in the space since he caught the crypto bug in 2017. With a passion for trying out new shiny things, Jack is always eager to try the latest cryptocurrency exchanges, wallets or DeFi applications.

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