There are several options for people looking to start trading cryptocurrencies. These range from mobile apps to online platforms. Before selecting a platform, make sure it offers a reliable and secure system. You should also check whether there are any fees. This can add up and eat into your profits. The best app will offer the lowest fees and provide excellent security.
One of the oldest and most trusted exchanges is Bitstamp. With more than four million customers, this platform is a favorite among novice and experienced traders. It is a full-service exchange that offers a wide range of cryptocurrencies. In addition to its main website, it has several locations around the world.
Another top trading platform is Coinbase. This platform provides a Visa debit card that lets users spend digital currencies at ATMs and in stores. Additionally, it has a standard platform that allows you to trade over 100 cryptocurrencies. Plus, there is an interest-earning account. However, this is a relatively small list of cryptocurrencies. For those looking for more, they can check out the Binance or Robinhood apps.
eToro is another popular option. While it’s not the cheapest app, it offers a user-friendly interface and free demo accounts. They even allow you to copy the trading strategies of other investors. If you’re a beginner, you might want to check out Coinmama, which is a relatively new option.
Although Kraken is one of the more popular crypto platforms, it isn’t ideal for beginners. It requires a password and email address. Traders can’t access the app if they are from Iran, North Korea, Cuba, or the US. Also, it has a fairly steep learning curve. That said, its security is solid and its list of cryptos is impressive.
Another app worth considering is the Delta app. This app is not as advanced as its competitors, but it is a great way to monitor the prices of your favorite cryptocurrencies. It requires you to input the name of the exchange, the trading pair, and the price.
Traders can use the mobile app to make deposits and withdrawals using credit cards or bank transfers. Those who are interested in margin trading can set up an OKEx savings account to fund their positions. Once you have made your deposit, you can start trading with the help of tools like real-time price quotes and technical indicators.
Another trading app that comes with a few extras is Crypto Pro. It’s available for both iPhone and iPad. Users can analyze their portfolios, track their portfolio’s value, and find out which cryptocurrencies are the highest gainers. Even though this app isn’t a great option for beginners, it has some features that make it worthy of a spot on the best app for cryptocurrency trading lists.
One of the most popular companies in the world, Binance is a reliable and secure platform. Originally based in China, it relocated its headquarters to the Cayman Islands to comply with regulations. Traders can choose from hundreds of cryptocurrencies, including the big three, Bitcoin, Ethereum, and Litecoin. And its trading fees are extremely low.