Alternatives

Best FTX alternatives

FTX scores 5.2. These are live products NeoBankDB would open next — each with a full review, not a leftover affiliate tile.

5.2Caution
FTXCoinbaseKrakenExodusBingX
Editorial score5.27.57.97.66.8
HQNassau / Hong KongSan FranciscoSan FranciscoOmahaInternational
Monthly—Free to hold Maker-taker Free wallet Trading fees — confirm live
ProtectionNone. Bankruptcy estate.Not FDIC on crypto. USD cash may sit at partner Crypto not insured. Cash may be at partner banksSelf-custody — you are the bank. No scheme.No statutory deposit scheme on crypto balances.
Cardnonevisanonenone
UsersBankrupt100M+13M+4M+Exchange

Full alternatives

#1 alternative

Coinbase

active

The public US crypto exchange with a retail app people keep.

4.4

San Francisco · 100M+ · Public (COIN)

7.5Solid

The conservative CEX pick in this register. Kraken for the same job with a different culture; Binance for depth with a different risk.

Best for: US and UK retail who want the most licensed large exchange, not the cheapest.

Why it beats FTX

  • Public company
  • US regulatory posture
  • App quality

Watch-outs

  • Retail spreads
  • Support / lockout lore
  • Not a bank
Licence
MSB + state money transmitter / trust
Protection
Not FDIC on crypto. USD cash may sit at partner banks with FDIC — confirm product.
Monthly
Free to hold · spread/fee on trade

#2 alternative

Kraken

active

The exchange that kept proving it could survive everyone else’s collapse.

4.4

San Francisco · 13M+ · Private

7.9Solid

The grown-up alternative to Coinbase. Still not a bank.

Best for: Traders who want a US-rooted CEX that is not Coinbase.

Why it beats FTX

  • Survival record
  • Fees vs Coinbase retail
  • Culture of proof-of-reserves talk

Watch-outs

  • UX is less consumer
  • Support on locked accounts
  • Bank charter is a plot, not a product
Licence
US MSB + exchange
Protection
Crypto not insured. Cash may be at partner banks.
Monthly
Maker-taker · staking extras

#3 alternative

Exodus

active

Pretty self-custody wallet with built-in swap.

4.5

Omaha · 4M+ · Public (EXOD)

7.6Solid

A wallet. If you lose the seed, this register cannot help you.

Best for: People moving off an exchange who still want a designed app.

Why it beats FTX

  • UX for self-custody
  • Multi-asset
  • Listed company

Watch-outs

  • Swap is not the cheapest
  • Seed phrase is the product risk
Licence
See review
Protection
Self-custody — you are the bank. No scheme.
Monthly
Free wallet · swap spreads

#4 alternative

BingX

active

Derivatives-heavy exchange. VASP by market. Not a bank. Not a card programme on this file.

International · Exchange · Private

6.8Mixed

BingX is a trading venue. File it on Exchanges next to Bybit, not on Neobanks. Official homepage only. Their partner rules treat pages that look like the official site as phishing. NeoBankDB will not win that argument by decorating a /signin link.

Best for: Readers who already know they are opening an exchange account.

Why it beats FTX

  • Named legal entities on the customer agreement
  • VASP claims can be checked
  • Not sold here as a bank

Watch-outs

  • No deposit insurance
  • Geo and product restrictions move
  • MiCA application is not a MiCA licence
Licence
BINGX GLOBAL PTY LTD — verify 644804571
Protection
No statutory deposit scheme on crypto balances.
Monthly
Trading fees — confirm live

#5 alternative

Crypto.com

active

The stadium-named crypto app: exchange, card, and a metal hierarchy.

4.4

Singapore · 80M+ · Private · large strategic rounds

7.2Solid

A crypto card with a marketing budget. Score the current stake table, not the 2021 one. RedotPay is often simpler for pure USDT spend.

Best for: Users who want a metal crypto card and will read the stake terms twice.

Why it beats FTX

  • Card design and Apple Pay
  • Brand everywhere
  • App craft

Watch-outs

  • CRO-gated benefits moved
  • Trustpilot is a war zone
  • Rewards ≠ safety
Licence
Exchange + card programme by market
Protection
Crypto not insured. Card is a spend product on a crypto/fiat account.
Monthly
Card tiers gated by CRO stake (terms change — verify)

#6 alternative

Bybit

active

Derivatives-native exchange with a retail app and a card experiment.

4.5

Dubai · 50M+ · Private

7.3Solid

A trading venue. Do not park life savings here because the app is pretty.

Best for: Derivatives traders outside restricted markets.

Why it beats FTX

  • Futures depth
  • App

Watch-outs

  • Not for the conservative register pick
  • Regulatory variance
Licence
VASP by market
Protection
None statutory on crypto
Monthly
Derivatives fee schedule

Questions

01

Why look beyond FTX?

FTX is scored 5.2. Weaknesses on this file: Everything. Alternatives above are scored independently, not paid placements.

02

Are these FTX alternatives available in the same countries?

Coverage is per product. Open the country page and the individual review — a UK bank licence does not travel, and an EMI is not FSCS.

03

How do I compare them side by side?

Use Compare on any card, up to four products, then open compare.

Back to the FTX review