Binance US vs Alto
Binance US is a low-fee exchange popular with frequent crypto traders in the US. How does it compare to Alto? Read our comparison chart below.
Binance US is the US branch of Binance, one of the largest crypto exchanges in the world. They offer a wide range of currencies to buy, sell and trade with some of the lowest fees in the industry. They also have resources for institutions and staking rewards on a small number of coins.
While 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.
Compare Binance US with Alto, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
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Binance US | Alto | |
|---|---|---|
Buy and Sell Cryptocurrency - | Alto CryptoIRA® - | |
Benefits and Features | ||
| Minimum Deposit | ||
| Cryptocurrencies Supported | ||
| Countries Supported | 46 US states (not available in HI, NY, TX, VT) | U.S. (with exception of Hawaii) |
| Fiat Currencies Supported | ||
| Digital Wallet | ||
| Transaction Fee | 0.10% spot trading fee or 0.50% instant buy/sell fee | |
| Copy Trading | ||
| Limit Orders | ||
| Margin Trading | ||
| Spread | 0.01% - 0.95% depending on cryptocurrency | |
| Crypto Loans | ||
| Setup Fee | ||
| Bank Account Purchase Fee | ||
| Debit Card Purchase Fee | ||
| Mobile App | ||
| ACH Transfer Fee | ||
| Wire Transfer Fee |
| |
| Crypto Conversion Fee | ||
| Other Fees | 25% discount when you use BNB to pay for trading fees; tiered discounts based on 30 day trade volume;0% fees on selected BTC spot trading pairs | |
| Address Allowlisting | ||
| Anonymity | ||
| Biometric Login | ||
| Cold Storage | ||
| Maximum Trading Amount | Maximum order amount varies by currency | |
| Two-Factor Authentication | ||
| Withdrawal Limit | Wire Transfer: $7,500,000 / day | None. 10% penalty under 59 1/2 years old |
CreditDonkey® Reviews | ||
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| Cryptocurrency Trading |  | |
| Minimum Deposit | | |
| Mobile App |  | |
| Commissions and Fees | |  |
| Ease of Use | | |
| Safety | | |
| Research | | |
| Pros & Cons | Pros:
| Pros:
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| Bottom Line | Low-fee exchange popular with frequent crypto traders in the US... | Low cost IRA provider for investing in alternative assets and cryptos... |
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Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Binance US: Pricing information from published website as of 04/13/2021. Alto: Pricing information from published website as of 02/08/2022. | ||
Alto CryptoIRA®
- Easy access to more than 175 cryptocurrencies, like Bitcoin, Ethereum, and Solana
- Tax advantages of an IRA
- No setup or monthly account fees
- No account minimums
- $10 minimum investment
Alto IRA
- Invest retirement funds in alternative assets such as fine art, venture capital, startups, real estate, land, and more
- Get access to network of 75+ partners
- No hidden fees
Which is Better: Binance US or Alto?
Still need help deciding which crypto is better? Read the in-depth reviews below. You may also be interested in comparing Binance US or eToro.
In short: Binance US's safety is outstanding. Alto's ease of use is excellent.
Articles on Binance US
Binance US Review
Articles on Alto
AltoIRA
