For this purpose, I am listing the 5 Best Altcoin Exchange to buy Altcoins with USD instantly.
Although there are tons of Altcoin Exchange operating currently not all of them provide the same kind of user experience.
In short, every Altcoin exchange has its pros and cons
The following best altcoin exchange list has been decided based on the below factors
No of supported altcoins
Deposit, withdrawal and trading fee
Reputation and security of the exchange
Availability across the world
When it comes to investment than a common investor needs a secure and trusted platform to invest the money.
So for this very reason, I have written the article after plenty of research and personal experience to list 7 best altcoin exchanges to buy altcoins with USD instantly (Euro is the other Fiat currency supported in each altcoin exchange)
5 Best Altcoin Exchange to buy altcoins with USD instantly 2021
1. Cex.io –
Cex.io is a London-based renowned Cryptocurrency Exchange launched in the year 2013.
Cex.io stands first on my list of 5 Best Altcoin exchanges to buy altcoins with USD instantly.
You can buy altcoins using a credit & debit card, bank wire transfer, and exchanging with Bitcoin or any other supported cryptocurrency.
Cex.io offers a maker-taker trading fee model “Maker” is the user who places a limit order request that sits on the open exchange book. Takeris the user who places a market order request that matches or crosses an order already on the book.
Cex.io charges 3.5% + 0.25% commission fees if you fund your cex.io account balance using the credit & debit card and zero commission if you fund using the fast bank transfer. In case, you buy bitcoins or altcoins directly using the debit card or net banking then Cex.io will charge an extra 7% service fee.
Basic account holders can buy altcoins worth USD 500.
The verified account allows a user to buy altcoins worth USD 100000 per day. To get your account verified you have to upload a government issued id with a selfied holding it.
There is also a ‘verified plus and Corporate account’ where there is no limit on buying altcoins with USD. You have to contact support to be a verified plus and corporate account holder
There are three types of accounts Cex.io supports, which set the buying & selling limit of the user.
Security of the exchange is of the highest standard with a very easy-to-use interface. Customer support generally replies within 24 hours
One of the well established and renowned cryptocurrency exchange
Coinmama exchange is based in Israel and is one of the renowned cryptocurrency exchanges founded in the year 2013.
Coinmama exchange is second on my list of best altcoin exchanges to buy altcoins with USD instantly using the credit card & debit card or cash.
Coinmama offers very high liquidity and is tailor-made for large investors or crypto traders.
It allows buying altcoins worth 10000 USD per day and worth 20000 USD of altcoins in a month using the credit card & debit card (thanks to companies like Simplex which have allowed exchanges to verify users with less risk, thus allowing the acceptance of credit cards rather the old methods like Western Union)
Buying limit depends upon the user account level
An unverified user can buy altcoins worth 150$.
Level 1 – Transaction limit increased to 10,000$
Level 2 – User can buy altcoins worth 50,000$. Requires valid personal ID and address proof
Level 3 – User can buy altcoins worth 1 million USD
There is no limit to a level 3 verified user. To get level 3 verified you should be level 2 verified and has to make a special request to the support (firstname.lastname@example.org).
There are 8 Major Cryptocurrencies available to buy directly with USD on the Coinmama exchange.
Fiat currency supported by the platform is USD, EURO, and PLZ (Polish Zloty).
The credit & debit card is accepted to buy altcoins directly with USD and other Fiat.
Other options to fund Bitbay account are wire transfer, SEPA, and Cryptocurrency.
BitBay has high buying limits. A user can buy up to 15000 EURO worth of altcoins with a credit & debit card without any ID verification. But if you are a MasterCard user then you have to get your account verified.
If you want to buy altcoins with Wire transfer then you can buy an unlimited amount of altcoins with or without ID verification. Transactions using cryptocurrencies are also unlimited.
BitBay uses the taker-maker fee model“Maker” is the user who places a limit order request that sits on the open exchange book.
Takeris the user who places a market order request that matches or crosses an order already on the book.
The taker fee for the website ranges from 0.25 to 0.43% and the maker fee runs around 0.17 to 0.30% per transaction.
The transactions fee would depend on the monthly volume trade size.
Hello, I am Harsh Vasistha B.tech (IT) from New Delhi, India. Owner and chief author of the Coinexpansion (An Altcoin & Exchange Hub) and Cryptopickup and also run a YouTube vlog https://harshunveiled.live. In fact, I am not a techie but got infatuated with blockchain technology. Coinexpansion is the product of my cryptocurrency learning lust.
Hobbies - An avid reader, knowledge seeker, sports addict, and obsessed with learning diverse stuff.