Best Gemini Alternatives

Looking for the best alternatives to Gemini? Check out Coinbase or WeBull.

The cryptocurrency exchange market is highly competitive, with established platforms like Coinbase and Gemini needing to innovate to maintain their positions. Long-term users may often overlook newer exchanges that offer unique features and more favorable fee structures tailored to their specific trading needs. By sticking to one platform, users risk missing out on beneficial functionalities or cost savings that other exchanges might provide. Therefore, it may be beneficial for users to create accounts on multiple platforms to maximize the features available to them. Check out our list of the best Gemini alternatives that provide great features and user-friendly interfaces for trading.

Quick Look at the Best Gemini Alternatives:

• Best for Active Crypto Traders: Coinbase
• Best for Active Traders: WeBull
• Best for Sign Up Bonuses: Crypto.com
• Best for Buying & Selling Dogecoin: Robinhood
• Best for Mobile Traders: Voyager

Top 5 Best Gemini Alternatives

Whether you're a seasoned trader or a novice venturing into the world of cryptocurrencies, finding the perfect cryptocurrency exchange can make all the difference in your trading experience. Before you settle on Gemini or stick with it, it's essential to consider potential alternatives that offer unique features and benefits. Check out these five alternatives to Gemini that can enhance your crypto trading journey and empower you to make the most out of your investments.

1. Best for Active Crypto Traders: Coinbase

Coinbase is one of the most popular cryptocurrency exchanges in the world and has dominated the U.S. market for years. Coinbase has a strong reputation for security and user-friendliness. Coinbase can be accessed from a web browser or on its mobile app on iOS and Android. New investors in the cryptocurrency space may find Coinbase to be a vital stepping stone to new ideas and projects. The platform has vast educational resources such as simple tutorials on trading and complex break-downs of difficult topics. It offers guides ranging from how to pay your taxes on cryptocurrency returns to an explanation of popular slang terms in crypto. 

Why We Picked It: Coinbase is a top choice for active crypto traders because of its user-friendly interface, advanced trading tools, and wide variety of cryptocurrencies. It offers strong security, high liquidity for quick trades, and educational resources to help traders make informed decisions.

2. Best for Active Traders: WeBull

Webull has created a dedicated app called Webull Pay for cryptocurrency trading, separating it from its traditional stocks, ETFs and options platform to enhance user experience and meet the specific needs of cryptocurrency investors. The platform supports a select number of the top cryptocurrencies including Bitcoin, Ethereum, Dogecoin and Shiba Inu. Some major benefits of WeBull are commission-free trading and fractional stocks. WeBull also offers paper trading, an incredibly useful tool for traders looking to practice before jumping headlong into stock trading. You can start with up to $1,000,000 in make-believe cash to try out trading strategies without risking your real money.

Why We Picked It: WeBull is a great platform for active traders, offering advanced tools like real-time market data, comprehensive charting and customizable indicators. With a user-friendly mobile app and robust desktop interface, WeBull caters well to dynamic trading environments.

3. Best for Sign Up Bonuses: Crypto.com

Crypto.com’s greatest advantage over other cryptocurrency exchanges and Gemini, in particular, is how many altcoins it supports. It offers almost 100 different cryptocurrencies, whereas Gemini supports over 70. Crypto.com provides a series of debit cards with Visa that have increasingly attractive privileges depending on the amount of Crypto.com Coin (CRO) you purchase and hold. With the Obsidian card, which requires an enormous amount of held CRO, you earn up to 8% back in CRO on purchases, 100% back on Spotify and Netflix subscriptions and more. If you want to trade a large number of smaller market capitalization altcoins or take advantage of the debit card, Crypto.com is probably the better choice.

New users can often receive substantial bonuses in the form of cryptocurrency simply by creating an account and completing specific tasks, such as staking a certain amount of Crypto.com’s native token, CRO. Additionally, the platform frequently runs promotional campaigns that offer extra incentives for new users, which can be a significant draw for those looking to enter the crypto space.

Why We Picked It: Crypto.com offers attractive sign-up bonuses for new users, providing free cryptocurrency rewards for completing specific tasks. The platform features a user-friendly interface and services like trading, staking, and a crypto debit card, making it appealing for those new to cryptocurrency investing.

4. Best for Buying & Selling Dogecoin: Robinhood

Robinhood attracted more than 10 million users in the 2023 alone, with its simple user interface, fractional stocks, wide range of tradable assets and other features. Trading cryptocurrencies on Robinhood is completely free. It lets you buy and sell cryptos as much as you want with no hidden fees and no commissions. Unfortunately, Robinhood only offers 15 different cryptocurrencies and it doesn’t let you transfer them out of your account to other crypto brokerages. Some of the supported tokens in the platform include Aave (AAVE), Avalanche (AVAX), Bitcoin Cash (BCH), Chainlink (LINK) and Compound (COMP).

If you are looking for a diverse range of altcoins, Robinhood is not the cryptocurrency exchange for you. However, if you just want to trade stocks and the few cryptos Robinhood has, it's a fantastic platform. One of Robinhood’s greatest advantages over other stockbrokers is its low margin rate.

Why We Picked It: Robinhood offers a commission-free trading platform for cryptocurrencies and stocks, allowing users to trade without high fees. It features market analysis tools, real-time tracking, instant deposits, and a user-friendly mobile experience, making cryptocurrency trading accessible to all.

5. Best for Mobile Traders: Voyager

Voyager is an extremely easy-to-use cryptocurrency exchange with an app on iOS and Android. It uses its Smart Order routing system to get you the best prices on more than 60 different cryptocurrencies. This system lets Voyager provide commission-free trades and lower fees altogether than most other exchanges. The platform only takes trading fees as a small percentage of the price difference between the quoted price and the price its routing systems can achieve. If your trade is completed at the quoted price, no fee is charged. Voyager also has a news tab where users can stay up-to-date with new articles on important events in the cryptocurrency market. If you’re looking for minuscule fees on a user-friendly crypto trading app, Voyager is one of the best options. 

Why We Picked It: Voyager is a popular mobile trading platform that allows commission-free trading of various cryptocurrencies. It offers a user-friendly interface, real-time market data, easy order execution, and advanced charting tools, along with the ability to earn interest on crypto holdings, making it a convenient choice for investors.

What Makes Gemini Unique?

Gemini is available in more than 70 countries across the world and supports more fiat currencies than most cryptocurrency exchanges. Gemini supports USD, CAD, AUD, EUR, GBP, SKD and HKD. Gemini also has a credit card with Mastercard, available to anyone in the United States. It charges no annual fee and can earn up to 4% on gas at the pump and EV charging, 3% back on dining, 2% on groceries and 1% on other purchases, paid in Bitcoin, Ether or other cryptos on Gemini.

Bitcoin has been criticized heavily in the news because of its high electricity usage, part of which is generated by burning fossil fuels. However, there is no need to worry about contributing to climate change when trading Bitcoin on Gemini. In 2021, the platform announced Gemini Green, a plan to offset Gemini’s small portion of CO₂ emissions from Bitcoin. Gemini has plenty of unique features and everything most basic cryptocurrency investors need, but it still might not be right for you. 

Why Gemini Might Not Be Right for You

Overall, Gemini is a fantastic cryptocurrency exchange. It just might not be perfect for you if you fall into a few specific categories.

• Active users who trade with less than $200 often will suffer from high fees.
• Also, even though Gemini has a reasonable number of tradable altcoins, some exchanges offer many more.
• Customer support is also a bit bare, but the industry standard is about the same or worse. Overall, Gemini is a fantastic exchange. It just might not be perfect for your needs. 

Common Complaint: Too few supported altcoins

Gemini supports most of the top 20 cryptocurrencies in terms of market capitalization and more than 70 total, but it doesn’t offer many smaller tokens. If you want to invest in these less popular tokens you will have to set up an account with another cryptocurrency exchange that supports them.

Crypto.com, Coinbase and Binance all have more cryptocurrencies listed than Gemini, but no exchange has all of them. You might want to check out a bunch of different exchanges and only sign up for accounts with the platforms that have the cryptos and features you want.

Choosing the Best Alternative to Gemini Crypto

If you are happy with Gemini and don’t want the extra features and supported cryptos other exchanges provide, there is little need to switch. However, there are few reasons not to open an account on another exchange beyond security concerns. You will have to provide personal information to any cryptocurrency exchange you want to trade on. Although, if you trust the new exchange to keep it safe and want access to features Gemini doesn’t offer, you might try out other exchanges. 

Frequently Asked Questions