Looking for Alternative websites for Bitcoin BTC? There a number of ways to buy BTC online, and you don’t also need to opt for the top-ranked website in Google search results. We have listed a number of trading platforms, exchanges, and peer-2-peer trades site that will help you out. This is just a brief overview of each site and not a like for like comparison. The reason I have avoided comparing each website is that they each have different benefits – it all depends on what you are looking for.
LocalBitcoins is a peer-to-peer Bitcoin exchange. They are a marketplace where the customers can buy and sell Bitcoins to and from each other. Users, called traders, create advertisements with the price and the payment method they want to offer.
All online trades are protected by escrow. When a trade is initiated the number of Bitcoins for the trade is automatically reserved from the seller’s LocalBitcoins Wallet. Trading offline for cash is also an option – this method is not protected by escrow though, and you need to consider personal safety issues.
LocalBitcoins uses a feedback system that shows a score on your public profile. This score, a percentage, shows how much positive feedback a trader has. This is a very useful feature as you can view a traders ratings and feedback and only choose traders who meet your own minimum standard.
- LocalBitcoins offers 60 methods to pay for Bitcoin – Bank Transfer, Credit/Debit cards, PayPal, Gift Cards and others
- You can also become a trader
- Online trades are held in escrow
- Trading with real people rather than platform bots
- Go to LocalBitcoins here
Changelly is an instant cryptocurrency exchange providing the crypto-to-crypto rates on the market. Changelly’s robot is integrated into some the largest cryptocurrency trading platforms around. In double quick time, the robot makes bids and asks on the trading platforms, then selects and offers the best available rate. An estimated rate is then displayed to you on the site. The rates remain approximate until the transaction is actually made on the blockchain.
Changelly transactions tend to take 5-30 minutes to be processed. If a transaction is large (say worth over 1 BTC), processing can take longer, depending on the size of your transaction and blockchain capacity.
- Fasy & very easy to use (I have experienced delays in altcoin trades recently – Ripple, DigiByte, but not Bitcoin)
- Buy Bitcoin using your credit/credit card
- Pay for BTC in either USD or EURO
- Trade other Altcoins on the platform
- more than 500,000 users
- Go to Changelly here
Coinmama sells bitcoin out of its personal inventory, this means that the transaction will always be between you and Coinmama. They send bitcoins immediately after both the client’s payment and wallet address have been confirmed. Depending on your country of residence, you may not be able to use all the functions on the site. However they do support over 2017 countries, so there is a good chance Coinmama will be open to you.
Customers can purchase digital currency with any credit/debit you own as long as it’s a Visa or MasterCard. The price you see on our website is Coinmama’s bitcoin rate and includes our fee of 5.50%. For credit/debit card transactions, the payment processor charges 5.00% additional fee. The fee will be added after choosing your method of payment. Coinmama accepts all currencies meaning you can pay with your local currency. However, the pricing is displayed in USD or EUR with more currencies to be added soon.
- The BTC you buy comes straight from Coinmama
- Accepts credit/debit card
- Cash payments available through Western Union
- Operates in 2017 counties and will accept your local currency
- Go to Coinmama here
BitPanda is headquartered in Vienna, Austria and is a service caters to UK and EU residents. Customers from the U.S., Canada, India, Japan and some others cannot use BitPanda. They offer a large variety of payment options (SOFORT Transfer, Visa/Mastercard Debit or Credit Card, NETELLER, Skrill, GIROPAY/EPS, SEPA Transfer and OBT), easy ID verification, and fast delivery of your Bitcoin and Ethereum.
Depending on the level of verification that the users go for, they can buy between 50-5000 EURO per day. BitPanda offers an exchange rate that’s about 2% higher than the market rate, while certain payment methods are subject to extra fees between 1 and 4%. All fees are clearly outlined on the sales page. The fees are included in your price when you buy or sell Bitcoins.
The interface at BitPanda is very intuitive. Each and every action, from registering your account to submitting a purchase order for bitcoins, is smooth with everything being set out in a natural, straightforward way. With BitPanda customers not limited to buying bitcoins at BitPanda. Users can also purchase (as well as sell) Dash, Ripple, LiteCoin, and BitCoinCash. Read our complete BitPanda Review.
- Very easy to use – perfect for Bitcoin beginners
- Accepts lots of payment methods
- Pretty good fees considering the payment options available – however, they’re not set in stone
- Only available to Euro Zone customers
- Super fast service – you can order your coins in less than two minutes.
- Go to BitPanda here
XCoins is a Bitcoin platform that allows people to lend Bitcoin to each other. Its uniqueness is in the fact that it accepts payment methods such as Paypal. Here you are not really buying Bitcoin – you are borrowing it for an agreed amount of time. The money you deposit into your XCoin account is held as collateral in case you fail to repay the loan.
Because of Bitcoin price volatility, all loan amounts are in US dollars. You will need to return the amount of bitcoin equivalent to the amount you received in US dollars. If the price of Bitcoin doubles and you borrowed 0.25 you will pay back 0.125. However, if the price halves and you borrowed 0.25 BTC you will have to pay back 0.5 BTC.
The interest fee for a loan is paid as a one-time payment together with the loan security deposit. The interest payment amount does not depend on the loan term. You can pay the loan back at any time. If you are a first-time borrower, please allow time for transaction approval. The approval time is usually a few minutes, but can be up to 3 hours. For returning customers the loan is instant.
XCoins will only match you with a lender, who has sufficient balance in his or her XCoins wallet to fund your transaction. As soon as the lender is selected, the bitcoin is reserved. Once you make the PayPal payment to the lender, the bitcoin is moved from the lender’s wallet to your wallet. The process is automatic. It does not require lender’s participation and does not depend on the lender.
- Accepts PayPal
- The platform will only match you with a lender, who has sufficient Bitcoin balance
- Not for everyone – might seem a little complicated
- Go to XCoin here