Assuming you are new to cryptocurrencies and digital assets, here is a list of the seven best apps for trading cryptocurrencies that will help get you started.
Coinbase
Coinbase is a digital asset exchange company headquartered in San Francisco, California. The company was founded in 2012 by Brian Armstrong and Fred Ehrsam, and it has since grown to become one of the most popular cryptocurrency exchanges in operation today.
Coinbase is a cryptocurrency trading platform with a wallet where users can purchase and store cryptocurrencies. The company also provides merchant services, allowing businesses to accept bitcoin and other digital currencies as payment.
In addition to its core business, Coinbase has also ventured into other areas such as index funds and custodial services. As a result, Coinbase has become a one-stop-shop for many individuals and businesses interested in cryptocurrency.
Binance
Binance is a worldwide cryptocurrency trading platform that supports the trade of over 100 digital currencies. Based in Malta, the company has developed a reputation as one of the leading exchanges in the industry.
In addition to its spot trading services, Binance offers margin and futures trading. The company has also launched its native cryptocurrency, Binance Coin (BNB), which traders can use to pay fees on the platform.
Kraken
The Kraken crypto trading app is a mobile application that allows users to buy, sell, and trade cryptocurrencies. The app also provides a platform for users to track their favourite digital assets’ prices and monitor the market movements of the broader cryptocurrency market.
In addition, the Kraken Crypto App offers many features that make it an attractive option for investors, including a built-in wallet, a news feed, and an integrated trading view chart. While the Kraken Crypto App is still in its early stages, it has already garnered considerable popularity among cryptocurrency enthusiasts. It is rapidly approaching becoming one of the most popular platforms in space.
Bitfinex
Bitfinex is a digital asset platform offering spot trading, margin trading, and perpetual swaps. It is one of the most popular exchanges and is used by many professional traders. The site offers various capabilities, including a customisable user interface, sophisticated order types, and several languages.
Bitfinex also provides a mobile app for trading on the go. In addition to its primary function as a trading platform, Bitfinex also allows users to lend and borrow funds from other users. This feature is used for trading with leverage or earning interest on unused funds. Overall, Bitfinex is a powerful and versatile platform that one can use for various purposes.
Gemini
Gemini is a digital asset exchange and custodian that allows customers to buy, trade, and store bitcoin, ether, and fiat currencies like the US dollar. The Gemini app is a mobile application that allows users to buy, sell, and store digital assets on the go.
The app is available for both Android and iOS devices. Gemini is a regulated company compliant with all applicable laws and regulations. The Gemini app is secure and user-friendly, making it an excellent choice for those looking to invest in digital assets.
RobinhoodCrypto
Robinhood Crypto is a new investing app that allows users to buy and sell cryptocurrencies. The app is available in select states and offers a commission-free way to invest in popular digital currencies like Bitcoin and Ethereum.
In addition to tracking prices and market data, the app provides a secure wallet for storing cryptocurrency. Robinhood Crypto is one of several new platforms that make it easier for investors to get involved in the burgeoning cryptocurrency world.
While some experts have cautioned against putting too much faith in digital currencies, others believe they could revolutionise the financial system. Only time will tell what role Robinhood Crypto will play in the future of cryptocurrency investing.
eToro
eToro is a social trading and investment platform that allows users to trade various assets, including cryptocurrencies. Cryptocurrencies are virtual or digital assets that use encryption techniques to keep transactions secure and limit the creation of new units.
Though most cryptocurrencies are traded on decentralized exchanges, traders can trade these tokens on centralised exchanges like eToro. eToro allows users to buy and sell cryptocurrencies and Swipe Trades, which copy the trades of other users on the platform. eToro also offers a range of tools and resources to help users make informed decisions about their trading.
To that end
Whether you are a beginner or an experienced trader, there is an app that will fit your needs. Remember to research each platform thoroughly, including any hidden fees and charges.