The Best Smartphone Apps for Crypto Trading in 2021 (Android and iOS)
By Space Coast Daily // July 5, 2021
According to Statista, there are currently 3.8 billion smartphone users in the world, which makes 48.33% of people in the world a smartphone user. We can’t deny the fact that each day, the number of ownerships is growing, and this shows that smartphones continue to serve as convenient mediums for communication, data access, and online transactions.
If you are an Android or iPhone user, you definitely have some of these apps on your home screen:
But if you are a crypto trader, you definitely must know now what type of application that could make it convenient for you to use in your journey.
Who wouldn’t like to make it easier to buy and sell cryptocurrencies anytime and anywhere? It’s a great thing that many high-performing crypto trading apps are available in your smartphone!
Although there are occasions when crypto trading apps are at advantage, we should still be aware of its cons i.e., limitations in charting tools and features and more complex technical analysis to accomplish.
Q: Before I download this good-looking cryptocurrency application I saw online, what important features should I check first?
A: Does it have a high-level safety? The app must have this feature to keep your funds safe as well as your personal information. Online transactions between wallets cannot be virtually and easily done once started and it would be unfortunate to be a target of unauthorised transactions in the future. This is why cryptocurrency makes a perfect market for theft, hacking, and scamming.
Also, is it available in your country? Check this out to see the regulation of cryptocurrency in your country.
Have you checked the reviews from its users? An effective and safe crypto trading application can be proved through the established trust with its well-taken care community of users.
Cryptocurrency Smartphone Apps Top Picks!
Are you ready to start with your crypto trading app journey? Check the following apps:
1. Bitcoin Trader App
Bitcoin Trader App is a beginner-friendly and a fast on the go platform. It allows the user to trade over 30 assets including Crypto, Forex, and Commodities with a single Bitcoin-based platform. It has continued to ensure real-time market data and information and a wide range of trading tools while maintaining a safe environment for its community. Bitcoin Prime is surely suited for both crypto newbies and experienced traders. Start your crypto journey today!
Binance is one of the known applications for getting into over 200 supported cryptocurrencies, including their own currency (BNB). Its mobile app has two versions: lite, which is more suited for beginners with simple interface; and normal, which is more suited for more experienced traders who can easily analyse stronger functions and charting. Although its features may appear to be challenging to many, experienced traders might find these useful.
Gemini’s mobile application can offer over 20 cryptocurrencies. What people mostly like about its features is its simplicity. For beginners, Gemini’s easy-to-use tools could be useful in executing trading strategies. As of now, it still has limitations such as payment methods and international visibility, but it continues to be performing well in strict cybersecurity.
Coinbase would be a good choice for beginners, too, for a place to start learning. The user can trade about 40 cryptocurrencies, like Ethereum and Litecoin, and can store all the digital currencies in its mobile wallet. Even people with little to no experience in trading cryptocurrencies can keep up with its application features.
One of eToro’s notable features that is worth mentioning is copy trading. The user can store about 120 cryptocurrencies with the eToro Money Crypto wallet and it is also an attractive form for newcomers to trading cryptocurrencies. Compared to its user’s trading experience in computer applications, trading on a mobile device could have fewer analytical capabilities, but it is still a similar experience.
Our last, but definitely not the least, pick can get you over 55 cryptocurrencies, including Bitcoin and Dogecoin. Unlike most of the listed above, its advanced mobile application features are more suited to experienced traders. One of the attractive features Kraken has is its 24/7 support.