Investing in cryptocurrency is becoming increasingly trendy these days. The cryptocurrency boom has accelerated the growth of related products and services, such as cryptocurrency apps. Many people are talking about it, and the cause could be related to the recent sharp increase in the price of digital assets.
How can you get started investing in cryptocurrencies? The solution is to use cryptocurrency exchange apps to check the values of various cryptocurrencies, buy and sell altcoins, and manage your account. There are other ways to trade cryptocurrency, but most users prefer using applications because of the convenience, user-friendly design, and lack of third-party participation.
Here are the five best cryptocurrency apps you can use to get started!
Top Five Cryptocurrency Apps
- eToro
eToro is a well-known online brokerage that provides cryptocurrency and stock trading. When it implemented support for Bitcoin (BTC) in 2014, it was one of the first online trading companies supporting digital currency trading. It soon added Ethereum (ETH) and Ripple (XRP) functionality (XRP). Today, eToro’s popular online trading platform supports over 40 cryptocurrencies, offers enterprise-grade crypto exchange solutions for professional traders, and provides a multicurrency crypto wallet. eToro is currently attempting to establish itself in the highly competitive crypto exchange market by constantly enhancing its crypto trading services.
- Webull
Webull is a very new cryptocurrency platform, having been founded in 2017 and launched with only a mobile app in May 2018. This mobile-first launch reflected Webull’s primary target market of millennials. Webull is designed for investors who want to enter the financial markets with minimum balance and no commissions. It is positioned to accommodate new active traders, as well as others attracted to a platform that provides a wide range of free services, such as no account minimums, commission-free trading of stocks/ETFs and their options, and several cryptocurrencies.
- Coinbase
Coinbase is a website for cryptocurrency trading and investment that allows users to purchase, trade and exchange more than 100 tradable cryptocurrencies, including Ethereum, Bitcoin, and Dogecoin. For simple buy and sell orders, beginners will probably prefer the original Coinbase platform. Coinbase Pro, which is available to all Coinbase users, allows experienced users to access extra tools and order types. Cryptocurrencies are a comparatively new asset class that can be dangerous, and might not be suitable for many investors. However, if you’re interested in bitcoin, Coinbase is a good choice for both newcomers and seasoned investors.
- Binance
Binance is the world’s largest cryptocurrency trading platform. It is not more user-friendly due to its extensive range of trading options and features. Depending on their expertise and skills, investors may face an extreme learning curve with Binance. Binance provides a comprehensive range of trading options via its desktop or mobile dashboards, including an excellent variety of market charts and many cryptocurrencies. Users can also access several trading alternatives, including options and futures, and order types. Binance offers a complete learning platform, an NFT platform, and other services in addition to its tools and features.
- Gemini
Gemini Trust Company is a cryptocurrency exchange that offers approximately 100 assets for purchase, sale, and trading. Aside from a limited variety of cryptocurrencies, the site provides excellent account security and compliance procedures. Users can also gain access to a cryptocurrency rewards credit card, the ability to earn interest on their possessions, hot wallets, and the ability to pay their favorite stores using bitcoin. Gemini has become the industry’s first SOC 2-certified crypto exchange, demonstrating its dedication to security.
Wrapping up
Cryptocurrency exchange applications provide quick access to the market’s various cryptos and allow you to trade them at ease.
These apps will enable you to trade in cryptocurrency and access the era of decentralized digital currency networks. The entire procedure has been simplified so anyone can sign up, and the mobile app layout is designed for quick learning. They may be used to check the values of different cryptocurrencies, purchase and trade altcoins, and manage your account. These apps are vital in evaluating the entire crypto ecosystem.
