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Cryptoassets are a highly volatile unregulated investment product.

2. Crypto.com – Earn Passive Income via Staking Cryptos

With Crypto.com, users will gain access to one of the most intuitive user apps to buy, sell and trade cryptos easily. Crypto.com’s app provides the opportunity to invest in 250 + tradable assets and buy Ethereum, BTC and multiple other coins. 

Furthermore, Crypto.com earn is an exciting feature that rewards users with returns by staking crypto tokens. This feature allows investors to earn up to 14.5% on cryptos and 9% on stablecoins. 

Crypto.com offers credit cards, wire transfers and e-wallets as payment methods, with the former costing 2.99% per transaction. However, the platform lets users take out a local Crypto.com VISA card. 

While using the VISA card, investors are rewarded with 5% to 8% cashback when purchasing cryptocurrencies on the platform. This handy accessory can also be used to access the Crypto.com NFT marketplace – to buy and sell thousands of unique digital assets. 

Another exciting feature is the ability to purchase CRO – the local crypto of Crypto.com. With CRO tokens, users can earn an additional 2% APY (Annual Percentage Yield) on stakings. 

In terms of fees, Crypto.com charges a maker/taker fee beginning at only 0.40% per transaction. Along with the mobile app, users can access the Crypto.com DeFi wallet – a custodian wallet that gives users control of their private keys to store multiple cryptos. 

What We Like 

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

3. BitStamp – Multiple Payment Options 

BitStamp is another potential Binance alternative to review and look into in 2022. Serving over 4 million traders globally, BitStamp supports the trading of 70 + digital assets. 

A fiat getaway platform, BitStamp supports fiat deposits in EUR and USD and offers 70 crypto trading pairs on the platform. BitStamp supports Tradingview, allowing users access to real-time insights and the use of multiple order types when charting strategies. 

Since the platform supports high-performing APIs, users can deploy their own algorithmic patterns. Keeping instant card purchases, BitStamp lets users buy crypto directly with a bank card. 

However, credit card transactions can cost an 8% fee for a small trading volume. The rate decreases to 5% when trading volume increases. Alternatively, users can deposit cash directly from a bank account with a wire or SEPA transfer. 

In terms of fees, BitStamp charges a maker/taker fee beginning at 0.50% per transaction. The platform also demonstrates whitelisting capabilities, creating a list of trusted recipients to protect users’ funds from being intercepted by hackers.

Users can start investing with a minimum deposit of $25 on BitStamp. 

What We Like 

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

4. Coinbase – Two Platforms to Invest in Digital Assets

Coinbase is one of the most popular crypto exchanges, that offers one of the best crypto apps to over 98 million verified users.

The Coinbase platform supports a standard platform and Coinbase Pro – its advanced trading platform that gives users access to more cryptos and technical indicators to assist in trades. With the standard platform, users can invest in 100+ crypto assets and buy Bitcoin and other popular digital currencies. 

Coinbase charges a 1.49% commission per trade and a maker/taker fee of 0.50% per transaction. On top of this, the platform charges a hefty commission of 2.99% for credit card transactions. 

On the other hand, Coinbase Pro supports 250+ crypto assets. Users can also buy cryptos with credit cards for no additional fees. Coinbase Pro supports multiple order types like limit and stop orders, which the standard platform does not offer. 

Coinbase users can also stake digital assets, however, a staking fee of 25% is applied. Furthermore, Coinbase supports an NFT marketplace, letting users buy, sell and mint NFTs. 

With the Coinbase platform, 98% of all users’ assets are stored in cold storage. 

What We Like 

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

5. Kraken – Crypto Exchange with 7 Supported Fiat Options

Kraken is a centralised and U.S-based crypto exchange used to trade over 120 crypto assets.

This exchange prides itself in providing low transaction processing times and high liquidity levels by supporting the instant trades of popular assets like ETH, XRP, BTC and more. Kraken supports 7 fiat currencies, letting users deposit cash using USD, EUR, GBP and other currencies. 

Kraken also supports multiple payment options such as SEPA, wire transfers, e-wallets and Apple Pay. Each payment method may charge a differing transactional charge. For example, users pay a 0.50% fee when depositing money with bank transfers. 

Kraken Pro is an available advanced trading option, allowing users to access high-risk options like margin & leverage trading. The fees on Kraken Pro abides by a maker/taker pricing structure. Users pay a fee beginning at 0.16%/0.26% per transaction. 

On the other hand, standard platform users must pay a 1.5% trading fee for cryptocurrencies or a 0.9% trading fee for stablecoins. 

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6. Gemini – Crypto Exchange with Multiple Use Cases

Another one of the best Binance alternatives is the Gemini exchange. Along with investment opportunities in 50 + cryptos, Geminis offer various reward schemes, educational resources and earning opportunities for users. 

Firstly, users benefit from a minimum deposit of only 0.00001 when purchasing BTC. This equates to lesser than $1. Additionally, users stand a chance to earn $50 worth of free BTC after registering with Gemini. This can be availed when users invest over $1,000 within 30 days of opening a new account. 

Gemini Earn is another feature that lets users earn interest on cryptocurrencies and stablecoins. Furthermore, Gemini Pay is a feature accessible through the Gemini app – letting users pay using cryptos in more than 30,000 retail locations in the U.S. 

Gemini also supports a cryptopedia educational library – allowing users to learn about trading, blockchain, cryptos and more. To begin trading with Gemini, users should know the complex pricing structure. 

On trades below $200, a fixed fee between $0.99 to $2.99 is applied on transactions. After a trade increases in volume, Gemini charges a 1.49% trading fee. In terms of payment options, Gemini supports credit cards. However, this involves an additional fee of 3.49% per transaction. 

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7. CEX.io – Leverage Your Crypto Trades

 Launched in the U.S, CEX.io is one of the oldest crypto brokerages that is now U.S licensed and regulated. Since CEX.io is a CFD brokerage, the platform offers margin and spot trading opportunities. 

Additionally, users can earn interest by staking cryptos, opening a CEX.io savings account and accessing the super-instant buy option to purchase cryptos directly. However, fees can go as high as 7% when buying cryptos with the instant buy option. 

In total, CEX.io supports 110 cryptocurrencies and more than 225 trading pairs. Crypto-backed loans and crypto rewards debit cards are also supported with CEX.io. However, users in the U.S do not have access to these features as of yet. 

CEX.io boasts a simple pricing structure, charging a maker/taker fee beginning at 0.15% and 0.25% simultaneously. Users can start investing using VISA or a MasterCard, which requires a further 2.99% transaction fee and a $20 minimum deposit. 

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