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Binance vs Alto

Binance is an excellent crypto exchange with low prices and good selection. How does it compare to Alto? Read our comparison chart below.

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.

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 with Alto, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

 

Binance

Alto

OFFER
Buy and Sell Cryptocurrency - Learn More

Read Binance Review

SPECIAL OFFER
Alto CryptoIRA® - Learn More

Read Alto Review

 

Benefits and Features

Cryptocurrency Trading
Check
 
Minimum Deposit
$0 ($10 Trade Minimum)
$10
Cryptocurrencies Supported
600+
200+
Countries Supported
Over 180
U.S. (with exception of Hawaii)
Fiat Currencies SupportedAED, 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
USD
Digital Wallet
Yes
Yes
Transaction Fee
0.10% - 0.02%
1%
Copy Trading
No
 
Limit Orders
Yes
 
Margin Trading
Yes
 
Spread0.01% - 0.92% depending on cryptocurrency 
Crypto Loans
Yes
 
Setup Fee 
$0
Debit Card Purchase Fee3.5% or $10, whichever is higher 
Credit Transaction Fee3.5% or $10, whichever is higher 
Mobile App
Yes
 
ACH Transfer Fee
No
 
Wire Transfer FeeFree via SWIFT from USD to BUSD
$25 outgoing
Crypto Conversion Fee
No
 
SEPA Bank Transfer Fee
€1.00
 
Other Fees25% fee discount for holding BNB; tiered discounts based on 30 day trade volume 
Address Allowlisting
Yes
 
Anonymity
No
 
Biometric Login
Yes
 
Cold Storage
Yes
Yes
Maximum Trading AmountMaximum order amount varies by currency 
Two-Factor Authentication
Google Authenticator
Yes
Withdrawal Limit2BTC / day for unverified accounts; 100BTC / day for verified accounts; Wire Transfer: $7,500,000 / dayNone. 10% penalty under 59 1/2 years old
 

CreditDonkey® Reviews

Cryptocurrency TradingStarStarStarStarStarStarStarStarStarStar
Mobile AppStarStarStarStarEmpty Star
Commissions and FeesStarStarStarStarStarStarStarStarStarHalf Star
Ease of UseStarStarStarStarEmpty StarStarStarStarStarStar
ResearchStarStarStarStarEmpty StarStarStarEmpty StarEmpty StarEmpty Star
SafetyStarStarStarStarStarStarStarStarEmpty StarEmpty Star
Pros & ConsPros:
  • Wide range of currencies
  • Low fees
  • Secure Asset Fund for users
Cons:
  • May intimidate new users
Pros:
  • 75+ partners for alternative assets
  • Transparent low pricing
  • 200+ cryptos
  • $10 minimum
Cons:
  • Partners are not vetted
  • No solo 401k
Bottom LineExcellent crypto exchange with low prices and good selection... Read full reviewLow cost IRA provider for investing in alternative assets and cryptos... Read full review

Buy and Sell Cryptocurrency

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Binance: Pricing information from published website as of 04/13/2021.

Alto: Pricing information from published website as of 02/08/2022.

Which is Better: Binance or Alto?

Still need help deciding which crypto is better? Read the in-depth reviews below. You may also be interested in comparing Binance or iTrustCapital.

In short: Binance's research and safety are noteworthy. In particular, the safety is impressive. Alto's ease of use is excellent.


Articles on Binance

Binance Review

Binance is one of the largest cryptocurrency exchanges in the world. But is it a legit platform for trading your crypto? Find out before you sign up.

Crypto.com vs Binance

Binance is one of the largest cryptocurrency exchanges in the world, and Crypto.com is on a path to offer all things crypto. Which is right for you?

Articles on Alto

Alto IRA

Alto IRA is a self-directed retirement account that allows users to invest in a range of unique assets. But is it legit? Keep reading to find out.

Is Alto IRA Safe and Legit

Alto IRA lets you put alternative assets like real estate, venture capital, and crypto into your retirement account. But is it safe and legit?

Which Do You Think is Best?





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About CreditDonkey
CreditDonkey is a crypto comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

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