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Alternative exchanges and sites like Bitfinex

Find the best alternatives to Bitfinex.

Updated

Fact checked

One of the largest exchanges in the world, Bitfinex is a platform for professional traders. Bitfinex recently changed their policies for new user registration. To open a trading account on Bitfinex today you need a minimum equity of $10,000 USD deposited into your exchange account.

Alternatives to Bitfinex

While Bitfinex offers features like margin trading and fiat/crypto pairings, there are a number of other exchanges that allow you to buy and sell cryptocurrencies.

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
Name Product Deposit methods Fiat Currencies Cryptocurrencies
eToro USA Cryptocurrency Trading
Wire transfer, Online banking
USD

15
cryptocurrencies

Disclaimer: eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro. Your capital is at risk.

Copy the trades of leading cryptocurrency investors on this unique social investment platform. Non-US residents can read our review of eToro's global site here.
Coinbase Digital Currency Exchange
Bank transfer (ACH), Credit card, Debit card, Bank transfer (SEPA), Wire transfer
USD, EUR, GBP, CAD, MXN, HRK, CZK, DKK, CLP, BGN & 10+ more

38
cryptocurrencies

Buy and sell major cryptocurrencies on one of the world's most renowned cryptocurrency exchanges.
Coinmama Cryptocurrency Marketplace
Bank transfer, Credit card, Debit card, SWIFT, SEPA
USD, EUR, AUD, CAD, GBP, JPY

10
cryptocurrencies

Founded in 2013, CoinMama lets you buy and sell popular cryptos with a range of payment options and quick delivery.
Crypto.com App
Bank transfer, BPAY, Osko, PayID, NPP, Credit or Debit Card
USD, AUD, CAD, CHF, EUR, GBP, NZD, SGD, JPY, ZAR & 9+ more

66
cryptocurrencies

Buy 55+ cryptocurrencies at true cost, earn up to 8% p.a. on holdings, pay with your crypto for cashback at stores, get loans and more with this complete crypto-finance platform.
KuCoin Cryptocurrency Exchange
Bank transfer (ACH)
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND & 40+ more

210
cryptocurrencies

Finder Exclusive: Get up to 10 USDT in trading fee rebates for signing up and making a deposit, and up to 30 USDT in trading fee rebates after buying with fiat. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
CEX.IO Cryptocurrency Exchange
Bank transfer (ACH)
USD, EUR, GBP, RUB

22
cryptocurrencies

Disclaimer: Highly volatile investment product. Your capital is at risk.
Use your USD, EUR or RUB to buy and sell cryptocurrency at competitive exchange rates and with high maximums for verified accounts.
Paxful P2P Cryptocurrency Marketplace
Bank transfer (ACH), PayPal
DZD, XCD, ARS, AMD, AWG, AUD, AZN, BSD, BHD, BDT & 140+ more

2
cryptocurrencies

Connect with bitcoin buyers and sellers through this peer-to-peer marketplace that accepts cash, credit and more than 300 other payment methods.
CoinSwitch Cryptocurrency Exchange
Bank transfer (ACH)
USD, JPY, RUB, EUR

387
cryptocurrencies

CoinSwitch allows you to compare and convert over 250 cryptocurrencies across all exchanges.
Revolut Cryptocurrency App
Revolut Cryptocurrency App
Bank transfer (ACH), Bank transfer (SEPA), SWIFT, Credit or Debit Card
USD, EUR, GBP, CAD, NZD, JPY, HKD, NOK, DKK & 9 more

4
cryptocurrencies

Buy and sell several popular cryptocurrencies through your Revolut account, set up recurring purchases and transfer it to other US users. You can’t transfer cryptocurrency to anyone who does not have an active Revolut account. Service not available in Tennessee.
Kraken Cryptocurrency Exchange
Bank transfer (ACH)
USD, EUR, GBP, JPY, CAD, CHF, AUD

53
cryptocurrencies

Buy, sell and trade a range of digital currencies on this high-liquidity exchange – suitable for beginners right through to advanced traders.
Binance.US Cryptocurrency Exchange
Bank transfer (ACH), Bank transfer, Cryptocurrency, Debit card, Wire transfer
USD

48
cryptocurrencies

Get a US$15 bonus when you trade US$100 or more of any supported crypto. T&Cs apply.
Trade with USD on Binance.US, the American dollar onramp of the world’s largest cryptocurrency exchange. Non-US residents can read our review of Binance's main exchange here.
ZenGo Cryptocurrency App
ZenGo Cryptocurrency App
Bank transfer (ACH)
USD

48
cryptocurrencies

Take advantage of ZenGo's unique self-custody system to buy, sell and spend and earn cryptocurrency in your own wallet.
Changelly Crypto-to-Crypto Exchange
Credit card, Debit card
USD, EUR, GBP, AUD, CAD, CHF, HKD, JPY, PHP, ZAR & 30+ more

146
cryptocurrencies

Access competitive crypto-to-crypto exchange rates for 150+ cryptocurrencies on this global exchange.
YoBit Cryptocurrency Exchange
AdvCash, Cryptocurrency, Payeer, Perfect Money, Capitalist
USD, RUB

1427
cryptocurrencies

Pay in USD, RUB or trade crypto to crypto at this Russian-based cryptocurrency exchange with hundreds of coins listed.
SatoshiTango Cryptocurrency Exchange
SatoshiTango Cryptocurrency Exchange
Bank transfer, Cash, Cryptocurrency, Bank transfer (SEPA)
ARS, USD, EUR

5
cryptocurrencies

SatoshiTango is an Argentina-based marketplace that allows you to easily buy, sell or trade Bitcoins.
Huobi Cryptocurrency Exchange
Cryptocurrency
GBP, USD, AUD, EUR, INR, BRL, KHR, CAD,CNY, NZD & 15+ more

290
cryptocurrencies

Huobi is a digital currency exchange that allows its users to trade more than 190 cryptocurrency pairs.
Coinbase Pro
Bank transfer (ACH), Bank transfer (SEPA), Wire transfer
USD, EUR, GBP

27
cryptocurrencies

Formerly known as GDAX, Coinbase Pro is a US-based exchange which offers fiat currency payment options, including wire transfer, ACH bank transfer and SEPA.
Bitstamp Cryptocurrency Exchange
Bank transfer (ACH)
USD, EUR

5
cryptocurrencies

A global cryptocurrency exchange that facilitates crypto to fiat transactions, where you can use EUR or USD to buy bitcoin and popular altcoins.
Gemini Cryptocurrency Exchange
Bank transfer (ACH)
USD, AUD, CAD, EUR, GBP, SGD, HKD

39
cryptocurrencies

Trade bitcoin, Ethereum and more at a US-based exchange where payments can be made in USD.
ShapeShift Cryptocurrency Exchange
Cryptocurrency
-

51
cryptocurrencies

Quickly swap between more than 40 cryptocurrency assets or use your credit card to instantly buy bitcoin.
Gate.io Cryptocurrency Exchange
Cryptocurrency
-

36
cryptocurrencies

Bitit Cryptocurrency Marketplace
Bank transfer (ACH)
EUR, USD, JPY, DKK, GBP, SEK, NOK, TRY & 5+ more

50
cryptocurrencies

Buy cryptocurrency with cash or credit card and get express delivery in as little as 10 minutes.
CoinBene Cryptocurrency Exchange
CoinBene Cryptocurrency Exchange
Cryptocurrency
-

50
cryptocurrencies

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Compare up to 4 providers

Sites like Bitfinex

Exchanges that support crypto/fiat trading are less common than exchanges that deal exclusively in cryptocurrencies, but there are still some solid alternatives to Bitfinex. In the US, three options that stand out are:

Coinbase Pro Pros:

  • Trade fiat currencies for BTC, ETH, BCC, and LTC
  • No fees on limit orders
  • Deposit and withdraw directly to your bank account.

Coinbase Pro Cons:

  • Lengthy verification process.
  • Site has been known to crash during high traffic periods.
  • Limited access to margin trading.

Kraken Pros:

  • Buy Bitcoin and other cryptocurrencies with USD.
  • Deposit and withdraw directly to your bank account.
  • Margin trading available.

Kraken Cons:

  • Lower trading volume than some sites.
  • Some cryptocurrencies are not supported.

Gemini Pros:

  • Trade fiat currencies for BTC and ETH.
  • Easy to use.
  • Deposit and withdraw directly to your bank account.

Gemini Cons:

  • Deposits require same-day wire transfer.
  • Lower trading volume than other sites.
  • Limited trading pairs.

If none of the above has what you’re looking for, you might want to start looking in one of the places below.


Why you might want to avoid Bitfinex

  • Minimum account equity. New accounts on Bitfinex are not allowed to do anything until they have a minimum value of 10,000 USD, deposited either in cryptocurrency or via bank wire.
  • You live in the US. Bitfinex stopped offering service to US residents in 2017. While it is still technically possible to access Bitfinex from the US, this is not recommended.
  • Verification timeline. To get access to features like fiat deposits and withdrawals, Bitfinex requires you to go through a verification process and submit personal information. This process can take up to eight weeks due to high demand.

Bottom line

Bitfinex is one of the largest exchanges in the world, and it is really geared towards professional traders. Unless you are a high roller with some serious trading experience under your belt, Bitfinex is probably not the best choice in terms of exchanges.

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