Revenue in the cryptocurrencies segment is projected to reach a whopping $42.69B this year. Keep in mind that the crypto sector has been steadily growing in popularity and revenue since its inception.
It is with that in mind that platforms such as Coinbase may come in handy. Especially if you are one of the people that want to take advantage of the relatively stable sector and earn some income through crypto trading.
And while Coinbase is a good place to start, you’ll find that it is not the cheapest option available for you to use. It is also lacking in advanced trading features that ardent traders need to reach their full potential.
Luckily, we have compiled a list of the best apps like Coinbase that give free cryptocurrency while also ensuring that you make the most out of your trading experience.
Have a look.
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Best Apps Like Coinbase That Give Free Cryptocurrency
1. Binance
Binance is one of the largest cryptocurrency trading platforms in the world. It was founded in 2017 and has cemented its place as one of the most reliable trading platforms for people across the globe.
One of the things that makes this particular platform attractive is that it offers a wide variety of cryptocurrency options. These include Bitcoin, Ether, Litecoin, Dogecoin, and Binance Coin.
It is available as a web-based platform allowing you to access your account right within your favorite browser. There is also the option to download and install its mobile application for convenient use on the go.
On the platform, users can buy and sell cryptocurrency as they deem fit. The good news is that this platform has a huge database of resources to help just about anyone learn about trading.
Additionally, it runs programs and promotions aimed at ensuring everyone on the platform gets a deeper understanding of how cryptocurrency works. One of the most popular of these programs is Learn and Earn.
Individuals that enroll in this program get to read or watch videos regarding different aspects of trading. As they learn, they are eligible to earn some cryptocurrency.
Another way of earning on this platform involves staking. Note that staking refers to a process where account holders volunteer to verify or validate transactions on a blockchain.
Binance slightly differs from Coinbase because of its variety of cryptocurrencies and advanced features to help support ardent traders.
2. Gemini
Another app like Coinbase you can turn to is Gemini. It is available in over 60 different countries and all 50 U.S. states.
This particular platform offers over 100 types of cryptocurrency, which is one of the reasons many people register to use it. Another impressive thing about Gemini is that it takes security seriously and that is why it has different features and strategies to keep users safe.
For instance, it undergoes regular bank exams and is audited to ensure it complies with modern cybersecurity standards. Users can also secure their assets thanks to the hardware security key option via WebAuthn.
Gemini incorporates a wide range of features and functions to ensure that users have the necessary resources to analyze markets and make informed decisions when selling or buying cryptos.
The platform also features the Gemini blog which is an area that users can visit when they want to get insights into different trading strategies or learn about new products in the market.
Gemini runs a referral program where any user can refer a friend and stand a chance to earn free crypto worth $10. The earnings are credited into accounts once the person referred signs up and trades.
Gemini is a bit different from Coinbase because it includes features suitable for institutional investors while Coinbase generally focuses on individuals.
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3. eToro
Next up on this list of the best apps like Coinbase is eToro. It is among the few options that are regulated and hold the Distributed Ledger Technology (DLT) license from the Gibraltar Financial Services Commission (GFSC).
eToro has been in existence since 2007 and has managed to become one of the most reliable trading platforms for people in various parts of the world. Once you visit the platform, you’ll be able to access the eToro Academy which is a section where you can get information regarding different aspects of crypto trading.
The platform has a wide range of features and functions designed to make your trading experience simple and profitable. You even get insights and analysis regarding different types of crypto available for you to trade.
eToro is another platform that offers cryptocurrency equivalent to $10 on every new account. The offer is only applicable to U.S. citizens.
One of the things that distinguish eToro from Coinbase is that it allows you to trade in more than just cryptocurrency. It also facilitates the trading of stocks, currencies, and commodities.
Another thing that makes eToro attractive is that it has a Copy Trading feature that allows you to directly copy how other people are trading. That can be quite helpful to anyone that is still new to trading and does not know how to do it on their own.
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4. Uphold
Uphold is the next crypto trading platform you can use for your trading needs. It offers over 250 digital currencies making it flexible enough to accommodate the needs of different people.
It boasts a simple and intuitive interface allowing both beginners and advanced traders to enjoy their experience. It is another trading platform where you can find a lot of helpful information with regard to trading.
It also provides current crypto trading news and outlines strategies that traders can use to boost their chances of making significant income. Another thing that makes this a popular platform is that it allows users to earn crypto in a variety of ways.
For instance, users can take surveys and earn points. They can also try out new apps and give reviews to earn points. Once the user’s points reach a specific threshold, they can redeem them for free cryptocurrency.
Individuals can also earn free cryptocurrency when they start staking on the platform. Finally, users can earn a percentage of the revenue generated when they refer people to the platform.
This particular crypto exchange is available as a web-based solution. It also has a mobile app version for convenient trading on the go.
Unlike Coinbase which mainly deals with trading in cryptocurrency, Uphold is a multi-asset exchange entity. That means users on the platform can trade in cryptocurrencies, equities, national currencies, and precious metals.
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5. Bitstamp
Bitstamp is another impressive trading platform you can use to learn and trade in cryptocurrency. It was founded in 2011 and has offices in different countries including the United States, Singapore, Slovenia, and the United Kingdom.
Bitstamp boasts of having a fast network design allowing people from all walks of life to trade within a short time. Its user-friendly interface makes for a pleasant experience while its resource center ensures that beginners can learn about everything regarding cryptocurrency trading.
Bitstamp is similar to Coinbase because it allows users to earn free cryptocurrency in a variety of ways. For starters, there are certain types of cryptocurrencies that attract a reward automatically.
There is also the second option of depositing or trading in cryptocurrency and when you reach a specific threshold, you unlock free rewards in the form of crypto.
There is also the option of earning free crypto through staking. Bitstamp differs from Coinbase because its trading fees are relatively cheaper.
It is also an ideal platform for intermediate or advanced traders while Coinbase is more popular with beginners. Finally, Bitstamp offers institutional trading features and functions.
6. Crypto.com
Crypto.com is the next cryptocurrency exchange platform you can turn to when looking for an alternative to Coinbase. It is a convenient option because you can access it through its web-based version.
There is also the option to download and install it on your desktop. Additionally, you can opt to download and install the mobile version that is available for both Android and iOS users.
This platform utilizes a 2.7m TPS matching engine and 50-microsecond core latency which is why it can accommodate a large number of users at the same time without lagging in speed.
If you decide to use your metal visa card on this platform, you can be sure to secure 5% back from all your spending. The platform makes it easy for you to make payments or receive payments in the form of cryptocurrencies.
Subscribing to the private members’ plan ensures that you always get the latest information regarding new products and promotions. Private members also get an extra 2% per annum reward in the form of cryptocurrency.
There are over 26 different types of cryptocurrency available on this platform and each one attracts a specific reward. Comparing them closely can be key to determining the most profitable for you to choose.
In comparison to Coinbase, Crypto.com comes across as an exchange platform with a straightforward fee structure rather than the tiered method you find on the former.
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7. Coinmama
Next up on this list of the best apps like Coinbase is Coinmama. This particular platform makes it easy for anyone to learn about the various types of crypto available and how to trade them.
On the platform, users can buy cryptocurrency using credit and debit cards. They can also acquire cryptocurrency once they transfer money through their bank account.
Unlike Coinbase which facilitates trade between its customers, Coinmama does not broker deals or facilitate this form of trading. Instead, customers can buy or sell their cryptocurrency directly to or from the platform.
That means all your transactions happen between your account and the Coinmama account instead of involving a third-party entity. One of the things that make this platform appealing is that it allows users to easily join its affiliate program.
Users are then provided with an affiliate link they can share with their friends or business associates. In case someone uses your link to join Coinmama, you’ll be eligible to earn up to 15% of the Coinmama commission generated from each transaction under the said link.
Coinmama also has a loyalty program that makes it possible for those who trade consistently on the platform to enjoy lower trading fees. This exchange platform is available as a web-based option but can also be downloaded and used as a mobile app.
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8. Robinhood
Robinhood is another excellent cryptocurrency trading app you can opt to use instead of Coinbase. In contrast to Coinbase which charges a commission on different transactions, Robinhood does not charge any commission.
Instead, it makes money by charging its institutional partners for sending its order flow. This platform has a Learn and Earn section where you can visit to learn about different aspects of buying, selling, and trading in cryptocurrency.
Once you are fairly confident that you have grasped a number of things, you can go ahead and take the short quiz available on the site.
If you pass with the right score, you’ll earn a commensurate amount of rewards. Each lesson has its own reward. However, you are likely to earn your reward in the form of a specific cryptocurrency.
The reward is deposited directly into your account where you can use it to buy cryptocurrency or withdraw into your bank account. Another thing that makes this a popular option is that it allows new users to invest as little as $1 and then grow their investment from there.
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9. Xcoins
Xcoins makes it easy for just about anyone to learn about buying and selling cryptocurrency. Its Academy section on the website includes a variety of articles packed with information to help you get into trading.
There is also the news section where you can learn about all the latest developments in the industry. Its market analysis section allows you to get an overview of the different types of cryptocurrencies available and how they are doing in the market.
Xcoins is another excellent platform because you can access it from any web browser. You can also download its mobile application for convenient trading on the go.
The platform allows you to earn passive income in the form of cryptocurrency if you join its affiliate program. That means you are likely to earn a 20% net revenue on every user you recruit or recommend to the site.
Unlike Coinbase, Xcoins makes it possible for you to earn a lifetime revenue on every person you direct to the site using the affiliate program. It is worth pointing out that every new user on the platform is rewarded $10 worth of cryptocurrency when they sign up and verify their account.
Xcoins offers a variety of payment options including credit and debit cards, Apple Pay, and Google Pay.
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10. Kraken
Kraken is the next cryptocurrency exchange that offers impressive rewards to its users. The platform was founded in 2011 and has its headquarters in California.
Like most alternatives on this list of the best apps like Coinbase, Kraken features a Learning Center where anyone can visit and learn about the various cryptocurrencies available and how to trade them.
Kraken is available as a web-based platform but also includes a mobile application that is compatible with both Android and iOS devices. The platform has an array of features and functions that help make trading easy.
For instance, it has charts and market analysis tools that help you get an overview of market trends and possible changes. The features and functions help you determine whether to sell or buy specific cryptocurrencies.
Another impressive thing about this platform is that it allows users to earn by staking. In most cases, users can earn up to 24% of whatever assets they stake.
Kraken also stands apart from Coinbase because it runs a grant program that targets emerging talent within the digital currency space.
11. KuCoin
KuCoin is another cryptocurrency exchange you can use instead of Coinbase. It is one of the options that simplify spot trading and margin trading.
A slight difference between KuCoin and Coinbase is that KuCoin utilizes trading bots to ensure that you do not have to be active on the platform when trading. Instead, you can leave the hard work to the trading bot.
Like most apps on this list, it features a comprehensive learning center where you can get information about different aspects of cryptocurrency trading. The platform is also packed with the tools you need to conduct research and analysis regarding prevailing trends.
This particular alternative allows you to earn free cryptocurrency thanks to its rate-up coupon program. There is also the option to earn free crypto by inviting your friends and colleagues to the platform.
KuCoin is available as a web-based browser and a mobile application for both Android and iOS users.
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12. CEX.io
CEX.io is a reliable bitcoin and cryptocurrency exchange that accepts different payment methods including credit and debit cards. It also allows users to withdraw their earnings into their bank account or card within a few minutes.
You can buy and sell cryptocurrencies on the platform as you deem fit. There is also the option of trading different currencies to ensure that you get exactly what you need.
It is different from Coinbase because it even makes it possible for users to get loans backed by a cryptocurrency. Another impressive thing about this platform is that it offers a variety of ways for you to earn free crypto.
For instance, you can earn a significant amount of crypto by simply holding coins in your account. The platform also runs a number of promotions and competitions that can increase your chances of earning free crypto.
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13. Webull
Webull is among the best apps like Coinbase that give free cryptocurrency. It has a simple interface and a straightforward sign-up process that will only take up a few minutes of your time.
Once you sign up and complete your first trade, you will receive an equivalent of $5 in available cryptocurrency. The good news is that this platform allows you to start trading with as little as $1.
Another impressive thing about Webull is that it has a forum where traders and anyone interested in learning about cryptocurrencies can go and share their thoughts with the community.
On the forum, people often discuss issues such as market trends and strategies to boost their chances of generating more profits. The Webull platform features tools for research and analysis to help traders make informed decisions.
It also utilizes two-factor authentication to ensure that all users are safe while trading.
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14. BYDFi
Another alternative to Coinbase you can sign up for is BYDFi. It has a quick sign-up process and multiple payment options including bank transfers and credit or debit cards.
Once you sign up and verify your account, you will be presented with a mystery box where you can find a variety of rewards including free cryptocurrency. There is also the option to join its affiliate program where you can share a link with your friends and colleagues and have them join the platform.
If a friend or colleague joins through your link, you’ll start earning a commission on every transaction they make. That can be an excellent way to generate passive income.
The platform is already serving over 500,000 people in over 150 countries. It also includes powerful features for research and market analysis to help you make the most out of your trading experience.
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15. Bitcoin IRA
Finally, Bitcoin IRA can be an excellent place for retired people to invest. The website is packed with information on how people can invest in cryptocurrencies and earn a significant profit.
It has over 60 different types of cryptocurrencies and incorporates features and tools to help anyone research and determine the most lucrative to invest in. This site also allows users to earn free cryptocurrency through the affiliate program.
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Wrapping Up
There are literally hundreds of cryptocurrency exchange platforms you can turn to when you want to invest. However, only a handful have the right security features and offer services at a reasonable rate.
The above-listed options stand out as the best apps like Coinbase that give free cryptocurrency. Platforms such as Binance and Gemini are quite reliable and offer services at some of the most competitive rates.
eToro makes it possible to trade in more than just cryptocurrencies while Robinhood lets you trade without charging any commission.