Best apps to introduce you to crypto — Retail Technology Innovation Hub
Thinking about buying, selling or trading cryptocurrencies on your smartphone? Then you will be glad to know that the market is flooded with choices.
However, choosing which trading software to use might be challenging with so many options and other ways to use crypto. For example, are you seeking an app with the lowest fees in the business, or are you more concerned with trading a specific pair?
In either case, you must conduct extensive research before taking the plunge.
Cryptocurrency is clearly a hot space, and all the cool kids are investing in various virtual currencies right now. How do you decide where to invest your money when Bitcoin is just one of thousands of cryptocurrencies to pick from? How do you keep up with the ups and downs of the stock market? What’s more, where do you keep your beloved crypto?
Your smartphone is the best way to track your investments. It’s constantly with you, it’s powerful, and there are numerous apps that can assist you in keeping your finger on the pulse of the bitcoin market.
As a result, we’ve produced a list of the best cryptocurrency apps available right now, which you can use to keep track of your favourite coins, use as a virtual wallet, or keep on hand as important tools to stay one step ahead.
Since its inception in 2007, eToro has attracted over 12 million traders from all around the world. You’ll be able to trade using the company’s main desktop site or a fully functional mobile app. On iOS and Android devices, the latter is available.
Traditional assets, as well as CFDs, are available on eToro, giving you plenty of options. In total, you may buy and sell 16 different cryptocurrencies on eToro in the classic sense. In addition, Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, and more cryptocurrencies are included.
Cryptocurrency pairs, such as crypto-fiat and crypto-crypto, can also be traded. You can trade cryptocurrencies against the USD, GBP, JPY, and EUR, for example.
The eToro app stands out in the fee category, in addition to its extensive selection of tradable cryptocurrency items. eToro is regulated on three levels when it comes to the security of your funds.
The FCA, ASIC, and CySEC are all part of this. These three regulatory agencies have a solid reputation in the online brokerage industry.
Coinbase, which bills itself as the world’s number one cryptocurrency trading platform, is one of many people’s first stops when it comes to Bitcoin, Ethereum, and other cryptocurrencies. The Coinbase app for iOS and Android allows users to purchase, sell, and track cryptocurrency.
Coinbase is also a capable wallet for your funds. When it’s time to spend, it’ll assist you in finding shops that take cryptocurrency as payment. While some customers have grumbled about the fees being on the high side, Coinbase remains one of the most exemplary programmes to start with.
The Binance app is a mobile version of Binance, one of the world’s largest and most popular cryptocurrency exchanges.
It’s ideal for beginners because it’s straightforward, quick, and simple to use. You can use the app to buy and sell cryptocurrency and monitor your transaction history, open orders, and cryptocurrency holdings.
For more experienced traders, there are additional limit order, market order, and stop-limit functions. Binance offers over 370 trading pairs and allows you to add your favourites for even more convenience. The exchange trades a wide range of alternative cryptocurrencies.
In addition, it just added fiat capabilities, enabling you to acquire coins with your credit card. Binance has apps for both iOS and Android.
CEX.io is another well known platform for beginners to buy and sell cryptocurrencies. Its user interface is simple and has an excellent track record. CEX is a cryptocurrency exchange established in the United Kingdom that has been in operation since 2013.
CEX is similar to Coinbase in that it allows you to deposit fiat currencies like EUR, GBP, USD, RUB, and others and buy and sell cryptocurrencies such as Bitcoin, Bitcoin Cash, Ethereum, Stellar, and Ripple.
They are also doing well in terms of liquidity, even though their primary source of traffic is fiat currency. In addition, their ability to purchase cryptocurrency with a debit or credit card makes it a user-friendly solution for many newbies.