View all Crypto Prime Brokerage Alternatives
Best Free Alternatives to Coinbase Prime
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Category: Crypto Prime BrokerageVerified for 2025
Top Recommended Replacements
Fireblocks
Best Infrastructure Swap
Why we like it
Replaces Coinbase's custody with your own 'Direct Custody'; you pay a flat SaaS fee instead of a % of your assets; connects directly to any exchange or DeFi protocol (Aave, Uniswap) without Coinbase acting as a middleman.
Keep in mind
Requires more technical setup; you are responsible for your own security policies (self-custody).
FalconX
Best for Trading Execution
Why we like it
A pure 'Prime Broker' that aggregates liquidity from Coinbase, Binance, and Kraken to give you the single best price; typically offers tighter spreads than Coinbase Prime because it isn't limited to one exchange's order book.
Keep in mind
Not a custodian (you typically connect it to Fireblocks or use their partner custodians).
Kraken Institutional
Best Regulated Exchange
Why we like it
The main US-regulated rival to Coinbase; fees are transparent and significantly lower for high-volume traders; offers 'Qualified Custody' via Kraken Financial (Wyoming Bank Charter).
Keep in mind
Liquidity on some altcoins is lower than Binance or Coinbase.
dYdX (v4)
Best Decentralized Alternative
Why we like it
The standard for institutional on-chain trading in 2025; trade perpetuals with deep liquidity and self-custody; no middleman risk (FTX-proof); fees are distributed to stakers/validators.
Keep in mind
Derivatives only (no spot buying of physical BTC); requires on-chain knowledge.
Binance Institutional
Best for Global Liquidity
Why we like it
Unmatched volume and asset selection; 'VIP' tiers can get fees down to near zero; separate 'Binance Custody' (Ceffu) offers segregated cold storage.
Keep in mind
Regulatory hurdles in the US (you must use Binance.US which has low liquidity); less 'white-glove' service than Coinbase.
Anchorage Digital
Best Crypto Bank
Why we like it
The first federally chartered crypto bank in the US; offers true 'Qualified Custody' like Coinbase but focuses heavily on staking and voting participation for institutions.
Keep in mind
Strictly for institutions (no retail); interface is less trading-focused.
BitGo
Best for WBTC/Wrapping
Why we like it
The custodian behind Wrapped Bitcoin (WBTC); excellent multi-sig security model; provides $250M insurance policy on assets.
Keep in mind
Pricing can be complex; moving assets out of 'Cold' storage can take longer than MPC wallets like Fireblocks.
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