Last Updated on June 28, 2020 by harsh vasistha
Best altcoin exchange to buy altcoins with USD instantly 2020
As you all know altcoins investment have been increasing rapidly, so does the demand, and use of the altcoin exchange which provide a platform to buy, sell, and trade altcoins.
(What I mean from best altcoin exchange in the paragraph is the list of popular and trusted altcoin exchange)
I am sure there are enough popular and promising cryptocurrencies in the market whose price going to increase by a minimum of 5x to 10x till 2020.
So If you really want to invest your hard-earned money then there is a list of 12 best cryptocurrencies to invest in 2019 which can deliver a very high return on investment.
For this purpose, I am listing 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 own pros and cons
The following best altcoin exchange list has been decided on the basis of the below factors
- No of supported altcoins
- Payment methods
- Deposit, withdrawal and trading fee
- Reputation and security of the exchange
- Trading methods
- Availability across the world
- User’s reviews
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 exchange 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 2019
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 exchange to buy altcoins with USD instantly.
Cex.io also supports other fiat-currencies like Euros, Pound, Russian rubles.
It offers multiple payment options to buy altcoins with USD.
You can buy altcoins using the credit & debit card, bank wire transfer, and exchanging with the Bitcoin or any other supported cryptocurrency.
Cex.io offers maker-taker trading fee model “Maker” is the user who places a limit order request that sits on the open exchange book. Taker is the user who places a market order request that matches or crosses an order already on the book.
Cex.io charge 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 account 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
- Easy to use interface
- Multiple payment options including wire transfer
- Support 11 best Cryptocurrencies
- Instant transactions with a blink of the eye
- Does allow to buy unlimited sum of altcoins with USD
- A go-to exchange for the credit card users
- 7% fee if you buy altcoins directly using the credit & debit card
Coinmama exchange is based in Israel and is one of the renowned cryptocurrency exchange founded in the year 2013.
Coinmama exchange is second on my list of best altcoin exchange 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 (email@example.com).
There are 8 Major Cryptocurrencies available to buy directly with USD on Coinmama exchange.
In Fiat currency USD and EURO is supported.
There are multiple payments options available on the Exchange to buy Altcoins with USD.
Credit card & debit card, SEPA, SWIFT, Western Union, and Cash
Coinmama’s transaction fee is a little bit on the higher side. The coin prices you see on the exchange already includes 5.5% brokerage fee.
In case you want to buy altcoins with a credit & debit card than Coinmama charges 5% extra. Thus the coin exchange price is 10.5% more than the coin market price.
The transaction is swift and instant. Security of the exchange is top-notch.
Support replies within a day. The user interface of the exchange is super easy (The interface is updated with advanced trading tools)
In case of buying altcoins with USD instantly with a credit card, there is no alternative to Coinmama Exchange in the cryptocurrency exchange industry
- Offer one of the highest buying limits per day
- Offers cash as the payment method
- Instant transactions.
- Fast customer support.
- A super easy user interface
- Updated trading interface with advanced tools
- The fee is on higher side you end up paying 10.9% more than the coin’s market price.
Coinbase exchange was founded by one of the Bitcoin millionaire Brian Armstrong and Fred Ehrsam in 2012 and based in San Francisco, California.
Coinbase exchange is one of the renowned and one of the best bitcoin exchange around.
The exchange supports 33 countries and has served over 15 million customers to exchange over $50 billion in top digital currencies.
Coinbase supports 23 cryptocurrencies.
- Bitcoin cash (BCH)
- Ripple (XRP)
- Ethereum Classic (ETC)
- Maker (MKR)
- Augur (REP)
- Basic Attention Token (BAT)
- Loom Network
- District Ox
Coinbase is also a web wallet which provides its service in 190 countries.
Coinbase offers a wide range of payment options.
The altcoin exchange allows buying altcoins with USD using the credit card & debit card, bank transfer, SEPA, and Xfers transfer (only used in Singapore).
Coinbase charges a minimal fee per transaction 1.5 % to 3.9% varies according to payment methods used to buy altcoins.
Transactions made using the credit & debit card are charged most
There is four account level on Coinbase exchange Level1, level 2, level 3 usually take two minutes to get verified.
Level 4 can take about a week in verification same as other exchanges. Upload government-approved ID, Pan card along with bank account statement.
Weekly buying limits vary according to account level from 1000$ to 50000$.
Security of the exchange is very robust and the interface is user-friendly.
For beginners, it will take no time to get used to the platform and Coinbase exchange is the best place to make your first Bitcoin purchase.
The exchange ranked third on the list of Best altcoin exchange to buy altcoins with USD instantly.
- Established and reputed exchange
- Available in 30 countries to Buy altcoins with USD instantly
- High weekly buying limits for level 4 account holders
- Altcoins are insured in the wallet
- Low 3.99% fee to buy altcoins with USD via credit & debit card instantly
- Robust security
- Not available in every country to buy altcoins with USD instantly
- Buying Bitcoin and altcoins in India is not supported
Sign up now ( get 10$ signup bonus after buying bitcoin or altcoins worth 100$)
4. Changelly exchange
Changelly is an instant cryptocurrency exchange based in Prague(Checkslovakia).
The exchange is clean with easy to use interface, best exchange rates, comparatively low fees, and hundreds of altcoins to buy.
So it checks all the boxes to fit in the list of best altcoin exchange to buy altcoins with USD instantly.
It allows you to buy and exchange altcoins quite conveniently.
It does this by aggregating and suggesting the best rates available directly on its platform.
It offers you the best exchange rate in comparison to other best altcoin exchanges.
Changelly supports 124 altcoins. Fiat currencies supported by changelly are USD and EURO.
You can buy Bitcoin and altcoins with USD or EURO instantly using the credit card & debit card.
Changelly allows you to convert one cryptocurrency to another cryptocurrency in no time.
You can deposit any cryptocurrency and can receive the payout in any other cryptocurrency supported by the platform.
Changelly only charges 0.5% static trading fee when working directly on the market trading platform.
However, if you chose to buy altcoins with a credit & debit card than the fee may vary up to 15% on a bad day.
Because of the use of third-party payment service to process credit card transactions. Currently, Indacoin exchange provides this service to Changelly exchange.
No ID verification is required to use the platform. Changelly interface is user-friendly and security is robust.
Customer support usually replies within 24 hours.
Changelly is available in almost every country on the planet including India and USA.
It is very easy to navigate on the platform. Transactions are instant.
Changelly without a doubt is one of the best altcoin exchange to buy altcoins with USD instantly.
- No ID verification is required to buy the altcoins
- The user interface is beginner-friendly
- Hundreds of altcoins to buy on the platform
- Low 0.5% static trading fee
- The fee varies on buying altcoins with USD using the credit & debit card
BitBay was established in 2014 and one of the best altcoin exchange to buy altcoins with USD instantly in Europe.
The company is based in Poland and spearheaded by Sylwester Suszek (CEO).
A prominent personality in the finance world.
For Polish users, BitBay provides their own Bitbay card which can be used for local transactions and purchases.
This card is tied to your BitBay account and is backed by MasterCard.
There are also features for paying daily bills or buying altcoins with SMS.
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 is the wire transfer, SEPA, and Cryptocurrency.
BitBay has high buying limits. A user can buy up to 15000 EURO worth altcoins with a credit & debit card without any ID verification. But if you are 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 taker-maker fee model “Maker” is the user who places a limit order request that sits on the open exchange book.
Taker is 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.
Transactions fee would depend on the monthly volume trade size.
You can read more about the complete list of the fee schedule here.
BitBay charges a 5% fee for the transactions made using the credit & debit card.
The interface of the cryptocurrency exchange is clean.
Security is of top-notch and there hasn’t been any incident of fraud or hacking.
Customer support is also very responsive and does reply within 24 hours of the query.
BitBay does click all the right boxes to be on the list of best altcoin exchange to buy altcoins with USD instantly.
- Multiple payment options including wire transfer and the credit & debit card
- Support healthy no cryptocurrencies
- Highly suited to Poland and European customers
- Security is top-notch
- 5% transaction fee on Buying Bitcoin and altcoins with the credit card & debit card
Note – Always store your altcoins in a cryptocurrency hardware wallet never leave them on an online wallet.