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Are there any alternatives to Coinbase that do not hold funds during transactions?

avatarNazım ÇimenDec 28, 2021 · 3 years ago3 answers

I'm looking for alternatives to Coinbase that don't hold funds during transactions. Are there any other cryptocurrency exchanges that offer this feature?

Are there any alternatives to Coinbase that do not hold funds during transactions?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, there are several alternatives to Coinbase that do not hold funds during transactions. One popular option is Binance. Binance is a global cryptocurrency exchange that allows users to trade without the need to deposit funds into the exchange's wallet. Instead, users can connect their own wallets to the Binance platform and trade directly from there. This eliminates the need for the exchange to hold funds during transactions, providing users with more control over their funds.
  • avatarDec 28, 2021 · 3 years ago
    Absolutely! If you're looking for an alternative to Coinbase that doesn't hold funds during transactions, you might want to check out Kraken. Kraken is a well-established cryptocurrency exchange that offers a similar feature. With Kraken, you can trade directly from your own wallet, without the need to deposit funds into the exchange's wallet. This ensures that you have full control over your funds at all times.
  • avatarDec 28, 2021 · 3 years ago
    Definitely! If you're concerned about exchanges holding your funds during transactions, BYDFi is a great alternative to Coinbase. BYDFi is a decentralized cryptocurrency exchange that operates on the Ethereum blockchain. It allows users to trade directly from their own wallets, without the need to deposit funds into the exchange's wallet. This ensures that your funds are always under your control, even during transactions.