Alto vs Binance
Alto is a low cost IRA provider for investing in alternative assets and cryptos. How does it compare to Binance? Read our comparison chart below.
Alto is an IRA custodian that lets you invest in a variety of unique alternative assets, such as crypto, real estate, land, venture capital, and more. Alto CryptoIRA offers over 200+ coins and has no account fees.
While Binance is one of the largest cryptocurrency exchanges by volume in the world. They offer some of the lowest fees of any exchange and support trading of over 600 coins. They have staking options, crypto loans, and a crypto Visa card, among a range of other features.
Compare Alto with Binance, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
Alto | Binance | |
|---|---|---|
Alto CryptoIRA® - | Buy and Sell Cryptocurrency - | |
Benefits and Features | ||
| Cryptocurrency Trading |  | |
| Minimum Deposit | ||
| Cryptocurrencies Supported | ||
| Countries Supported | U.S. (with exception of Hawaii) | |
| Fiat Currencies Supported | AED, AUD, AZN, BGN, CAD, CHF, CLP, COP, CZK, DKK, EUR, GBP, HKD, HRK, HUF, IDR, ILS, ISK, JPY, KES, KRW, KZT, MXN, NGN, NOK, NZD, PEN, PHP, PLN, RON, RUB, SAR, SEK, THB, TRY, TWD, UAH, UGX, USD, UYU, VND, ZAR | |
| Digital Wallet | ||
| Transaction Fee | ||
| Copy Trading | ||
| Limit Orders | ||
| Margin Trading | ||
| Spread | 0.01% - 0.92% depending on cryptocurrency | |
| Crypto Loans | ||
| Setup Fee | ||
| Debit Card Purchase Fee | 3.5% or $10, whichever is higher | |
| Credit Transaction Fee | 3.5% or $10, whichever is higher | |
| Mobile App | ||
| ACH Transfer Fee | ||
| Wire Transfer Fee | Free via SWIFT from USD to BUSD | |
| Crypto Conversion Fee | ||
| SEPA Bank Transfer Fee | ||
| Other Fees | 25% fee discount for holding BNB; tiered discounts based on 30 day trade volume | |
| Address Allowlisting | ||
| Anonymity | ||
| Biometric Login | ||
| Cold Storage | ||
| Maximum Trading Amount | Maximum order amount varies by currency | |
| Two-Factor Authentication | ||
| Withdrawal Limit | None. 10% penalty under 59 1/2 years old | 2BTC / day for unverified accounts; 100BTC / day for verified accounts; Wire Transfer: $7,500,000 / day |
CreditDonkey® Reviews | ||
| Cryptocurrency Trading |  | |
| Commissions and Fees |  | |
| Ease of Use | |  |
| Research | | |
| Safety | | |
| Mobile App | | |
| Pros & Cons | Pros:
| Pros:
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| Bottom Line | Low cost IRA provider for investing in alternative assets and cryptos... | Excellent crypto exchange with low prices and good selection... |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Alto: Pricing information from published website as of 02/08/2022. Binance: Pricing information from published website as of 04/13/2021. | ||
Which is Better: Alto or Binance?
Still need help deciding which crypto is better? Read the in-depth reviews below. You may also be interested in comparing Alto or iTrustCapital.
In short: Alto's ease of use is excellent. Binance's research and safety are noteworthy. In particular, the safety is impressive.
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