Best Cryptocurrency Apps
The emergence of the cryptocurrency business has sped up the development of related products and services. The following list of cryptocurrency apps is aimed to make the lives of long-term investors and short-term traders easier. Let’s look at the finest cryptocurrency apps in each area, from exchange and brokerage apps to portfolio trackers, market data sources, and wallets.
We may get compensation if you click on links in this content.
1. Gemini is the best cryptocurrency app for beginners.
Gemini is a beautiful, safe, and easy-to-use platform for constructing cryptocurrency portfolios. It offers a variety of perks on one platform, including good crypto trading for beginners and interest rates as high as 8.05 percent APY, as well as the recently launched Gemini Credit Card. Gemini, which has over 10 million customers, stands for investment simplicity mixed with industry-leading security standards.
Multiple order types, comprehensive charting, several of the top indicators for crypto trading, and features like block trading and auctions are all supported by the cryptocurrency trading platform Gemini ActiveTrader. Furthermore, Gemini offers a diverse choice of cryptocurrencies and might entice users with a superior user app experience. With an APY of 8.05 percent for the Gemini dollar and 7.99 percent for the USD Coin, but lesser rates for Bitcoin, Litecoin, and Ether holdings, Gemini Earn offers some of the highest interest rates in the business.
In addition, the Gemini Pay function allows users to use their bitcoins to pay for goods and services in over 30,000 retail locations across the United States using QR-code technology. With no annual fees and rewards paid in bitcoin, ether, or one of the other 50+ cryptos, Gemini Credit Card users can earn up to 3% on purchases made with the Mastercard.
In addition, Gemini owns the Nifty Gateway, the leading NFT marketplace on the blockchain, where users may buy, sell, and store non-fungible tokens (NFTs).
2. Phemex — The Lowest-Fee Crypto Trading App
Phemex, developed by a former senior executive at Morgan Stanley, is an efficient cryptocurrency investing and trading platform with extensive capabilities, solid wallet security, cheap fees, and great performance. Phemex has over 2 million users and is available on the App Store and Google Play. It is connected to over 30 liquidity providers.
The crypto app is particularly appealing to crypto futures traders since, similar to the stock market, users who supply liquidity to the order book are credited with a 0.025 percent rebate. Takers who remove liquidity from the order book, on the other hand, are charged only 0.075 percent for trade execution, whereas Gemini, for example, charges up to 1.49 percent.
Traditional crypto spot trading, in addition to crypto futures, is accessible for a transaction charge of 0.1 percent. Over 220 pairs are currently available for trading. Phemex can also be used as a cryptocurrency wallet for over 250 different coins.
Finally, the Phemex Academy is a free, neutral platform for learning about blockchain and cryptocurrency that anybody can use. The offer is completed by APY rates up to 11%, OTC trading, Sub-accounts for quantitative traders, and the future Launchpool and trading competitions.
3. Coinbase is the best cryptocurrency exchange app.
Being at the vanguard of the cryptocurrency industry necessitates total excellence in all areas, which Coinbase achieves. Coinbase offers a variety of top-notch goods, including custodial services, eCommerce payment capabilities, a platform for professional traders (Coinbase Pro), interest-earning accounts, and crypto solutions for institutions, in addition to being the leading crypto exchange.
Nothing, however, better exemplifies the platform’s high-quality service than its mobile apps. Coinbase has created user-friendly apps that enable its 68 million customers in over 100 countries to buy, trade, and store cryptocurrencies such as Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, BAT, USDT, ZRX, and many others.
The Coinbase apps are simple to use and intuitive, making them a good alternative for cryptocurrency newbies and swing traders. Their dashboards allow you to quickly access your portfolio and track its progress over time. The Coinbase app can also be used to earn rewards and returns for specific coins you own.
The Coinbase app also has a news feed that filters the finest picks from Coin Telegraph, CoinDesk, and other top-tier industry media, as well as real-time price notifications that let you keep up with the newest happenings in the cryptocurrency world while on the road. Coinbase also just stated its intention to build the finest nonfungible token (NFT) marketplace where individuals can buy and trade non-fungible tokens.
The Coinbase apps have hundreds of thousands of downloads and great ratings (4.4 on the Google Play Store and 4.4 on the App Store).
4. ZenGo – Best Keyless Software Wallet App
ZenGo elevates the trustworthiness of mobile bitcoin wallets to new heights. The software was created to eliminate the possibility of a single point of failure. It accomplishes this by dividing your private key into two halves and distributing its storage. The first component is maintained on ZenGo’s servers, and the second half is retained on the device. When both sides of the private key interact, a transaction is signed and allowed. There are no seed phases to deal with, and no private keys to keep track of.
Zengo is known for being a non-custodial, keyless software wallet. It employs biometric security and a three-factor recovery system. As a result, the wallet may be fully restored on any device, with no risk of funds being lost due to a forgotten password.The Zengo team also maintains a separate project called ZenGo X, which brings together academic and industrial researchers to collaborate on crypto security.
The Zengo team also maintains a separate project called ZenGo X, which brings together academic and industrial researchers to collaborate on crypto security. Users may now search for NFTs, Dapps, crypto games, and decentralized funding on Zengo. The integrated WalletConnect protocol provides a safe connection to the Web3 world, allowing users to store NFTs in the Zengo Wallet, for example. ZenGo is an excellent software wallet solution for beginner and advanced crypto investors due to its high level of security, fantastic UI, purse simplicity, and great functionality.
5. Uphold is Best Altcoin App and Multi Asset Offering
Investors can trade 27 national currencies, 99 cryptocurrencies, utility tokens, and four precious metals directly using the Uphold cryptocurrency app. The app is being used by over six million people. They can employ automated trading, where transactions can be performed on autopilot for recurrent buy and sell orders, in addition to the standard multi-asset crypto functionality.
The normal margin on Bitcoin and Ethereum is 0.5-1.2 percent, while on Fiat currencies it is roughly 0.2 percent, which is minimal compared to other suppliers. Apart from the spread, Uphold charges 0% extra trading commissions and 0% deposit fees, with network fees varying based on the network congestion of external crypto wallets.
Furthermore, the Uphold Card allows users to pay using cryptocurrencies, gold, and other assets while earning 1% cash back and a 2% crypto reward. Uphold Europe Limited is the full name of the corporation, which is based in London, England.
6. Cointelegraph Markets Pro – Best Crypto Platform for Advanced Traders
With an unique crypto trading software solution, Cointelegraph’s Markets Pro platform was created to level the playing field for crypto traders and investors. The TIE, which is known for its crypto data and software solution for institutional investors, and Cointelegraph collaborated on it.
With a proprietary algorithm that analyzes historical data to uncover consistent price patterns that allow conclusions about market behavior in the next days, the app compares current market conditions to historically similar market situations for over 140 crypto assets.
Markets Pro incorporates real-time market data, sentiment research, and social media activity into its platform. It’s available as an iOS app and a browser-based desktop app.
The outcome is what is known as the VORTECS score. Backtests have indicated that after the VORTECS score surpassed 70, the price jumped by 7.61 percent within the next 24 hours and by 25.9% over the next seven days.
Furthermore, Cointelegraph Markets Pro includes NewsQuakes, a comprehensive news aggregator that is one of the fastest in the crypto sector. Markets Pro users benefit from AI algorithms that monitor dozens of news sources and give critical insights rapidly.
Subscribers also have access to the Markets Pro academy and a community feature with trading ideas, expert research, and discussion with other crypto enthusiasts, as well as price charts, a token scanner, and a discord channel with trading ideas, research from experts, and discussion with other crypto enthusiasts.
7. BlockFi – Best Crypto Interest Account International
BlockFi’s interest account elevates it to the top of the best crypto applications list, and it’s one of the finest crypto savings accounts with the greatest yields. On USDT, Tier 1 compounding interest on your bitcoin holdings can reach 9.25 percent.
Using the BlockFi interest account has two key advantages (BIA). To begin with, you can use your existing cryptocurrency portfolio to earn income on your Bitcoin and Etherium holdings. For devoted crypto assets, the yearly percentage yield might be as high as 5.0 percent on ETH and 4.5 percent on BTC.
Second, a more conservative approach to crypto investing involves keeping stable coins such as USDC, GUSD, and PAX, which can earn up to 9.25 percent per year in interest. The advantage of stable coins is that they are linked to significant currencies such as the US dollar. As a result, stable coins are less volatile, and a 9.25 percent annual percentage yield is outstanding.
The money gained is paid out to account holders at the beginning of each month, and the compounding effect boosts BlockFi members’ annual income. The detailed BlockFi review has a complete list of interest rates.
A trading account for trading cryptocurrencies and crypto-backed loans with a 4.5 percent APR are also available, in addition to the interest account.
After February 14, 2022, new US clients will not be allowed to open a BlockFi interest account. Instead, customers get a BlockFi Wallet when they sign up for an account.
8. Blockchain.com – Best Crypto Exchange App for Swing Trading
Blockchain is a popular cryptocurrency app that allows users to quickly store, purchase, and sell Bitcoin, altcoins, and fiat currencies.
According to Blockchain.com, the mobile app has over 31 million verified users and has completed over $1 trillion in cryptocurrency transactions for users from over 200 countries since its introduction in 2011. The mobile app from Blockchain.com is accessible in 21 languages.
Because Blockchain supports a wide range of cryptocurrencies, it will be handy to anyone interested in trading exotic altcoins. The program allows crypto traders to convert crypto to crypto and send and receive coins with just a few swipes of their debit card. Its user interface is simple and tidy, making it a good choice for total beginners.
It’s worth noting that Blockchain employs 2FA, PIN protection, and TOR blocking in terms of security aspects.
However, the solution should not be viewed solely as a wallet app. Users can also use the built-in Bitcoin savings account (with the potential to earn up to 12% interest) and crypto credit lines with Bitcoin as collateral.
Both iOS and Android devices can use Blockchain’s app.
9. Telegram – Best Communication Platform in the Crypto Space
Every day, the bitcoin investment community expands. It need a dependable communication route to keep in touch, exchange ideas, and explore opportunities.
Telegram is a messaging service that allows you to communicate anonymously and in groups with people all around the world.
Bitcoin is popular among investors, entrepreneurs, and traders since it is faster, more secure, and easy to use. As a result, many cryptocurrency projects use Telegram as a primary communication and support channel with their investors and users.
It has grown in popularity to the point where, in recent years, a huge group of investors has gathered in a private Telegram channel to plot actions to build buy or sell emotion and impact the price of specific currencies.
Telegram is available on both your computer and your smartphone (you can download it from the App Store and Google Play).
10. Brave – Best Mobile Browser Solution
Brave is a web browser with a built-in VPN solution that has swept the globe. It is popular among members of the blockchain community as well as normal users who are tired of adverts and tracking and would like a private, untraceable browser.
Brave has a number of distinguishing qualities. The platform is based on the concepts of anonymity and data security. It is safer, faster, and even rewards you with Basic Attention Tokens for utilizing it (BAT). You can use them to get gift cards and premium content, or you can give them to your favorite publishers and marketers as a reward. This gives you ultimate control over what you view.
Brave offers an integrated Tor search engine and even anti-malware protection.
You won’t have to give up your comfortable Google Chrome experience to utilize Brave because you’ll have access to the same addons.
Brave is available for Windows, Mac, Android, and iOS.
11. Nomics – Best Digital Assets Market Data Provider
Price tracking is now available from a wide range of service providers. But have you ever questioned about the transparency of the liquidity and cryptocurrency prices you’re presented with? If you haven’t already, you’ll be unhappy to find that 50% to 70% of the Bitcoin and altcoin liquidity you’ve been witnessing is phony. This means that if you choose to trade on a specific exchange, you risk being trapped within your order and losing money as a result of being misled by biased data.
Nomics addresses this issue by displaying clear and transparent data on pricing and liquidity for hundreds of assets and exchanges. It accomplishes this by integrating its API directly into bitcoin exchanges, providing real-time and transparent data straight from the source.
Its website, iOS and Android apps display real-time trading volume and price data for the assets you’re interested in. You’ll be able to quickly identify the most transparent crypto exchanges to trade on, as well as the momentum of your portfolio, while on the move.
12. CoinMarketCap – Best Free Crypto Portfolio Tracker App
Many cryptocurrency investors and traders now use third-party portfolio trackers to keep track of their holdings. CoinMarketCap is one of the most widely used cryptocurrency tracking apps in the world. It’s free, tracks 20,000 cryptocurrencies, 500 exchanges, and has a slew of handy features.
With CoinMarketCap, you can keep track of your current portfolio, including the balance, profit, and loss, all based on real-time pricing data. The top-rated crypto portfolio tracker is available for iPhone and Android devices, and it takes data security and privacy extremely seriously.
CoinMarketCap is also a great place to go for cryptocurrency news, charts, NFT insights, a crypto converter, and other useful features.
13. Exodus – Best Bitcoin and Altcoins Software Wallet
If you’re looking for a hot wallet that’s simple to use, intuitive, and functional, Exodus is the way to go. Although there are other other options worth considering, Exodus offers a unique set of features that make it the natural choice for thousands of users.
The software wallet supports 125 cryptocurrencies and includes built-in trading tools that allow you to buy and sell digital assets on the fly. There are also live charts and portfolio tracking features, as well as 24-hour customer service, Trezor device integration, and offline transaction capabilities.
The Exodus wallet is available on both the App Store and Google Play. On both stores, it is also one of the top-rated cryptocurrency software wallet apps.
14. Parity – The Best App for Making Your Old Phone a Hardware Wallet
Due to its one-of-a-kind capabilities, Parity makes the cut. It enables you to convert an outdated phone into a fully secure offline hardware wallet. Although the solution is still relatively new and has yet to generate sufficient demand for its iOS and Android apps, everything so far appears to be highly promising.
Parity was created as a better alternative to traditional hardware bitcoin wallets and, according to its developers, is the most straightforward cold storage solution. It does not require an internet connection once installed. Data is communicated “over the air” using QR codes, and all private keys are securely saved and utilized only when you need to authorize transactions. You can use this method to ensure that no external access to your iPhone or Android device is possible.
In terms of the app’s security features and reliability, it’s worth noting that it was founded by former Ethereum Foundation security chief Jutta Steiner and has undergone regular audits and security inspections.
However, Parity does not support Bitcoin. The Ethereum, Ethereum-like, and Polkadot blockchains are all supported.
15. eToro – Best Conventional Cryptocurrency Broker
Assume you’re only interested in cryptocurrencies for speculative purposes, and you don’t intend to keep them in your wallet for the long haul. In such scenario, you might want to try using one of the prominent brokerages, such as eToro (Revolut and Robinhood are also worth a shout).
With eToro, you may trade over 90 different trading pairs fast and easily. You can also take advantage of one of the broker’s key competitive advantages: the ability to copy and clone the methods of successful traders.
Trading cryptocurrencies using eToro’s investment app is free (0 percent commission), has competitive spreads, and is, above all, simple and convenient. You can get started right away by purchasing with a debit or credit card, or by topping up with fiat currencies through your bank account if you like.
Many people believe eToro to be one of the finest cryptocurrency brokers in the world, as well as a viable alternative to holding bitcoins in one of the top cryptocurrency wallets.
However, keep in mind that when you acquire cryptocurrencies through trading platforms like eToro (and other brokers), you will just have a virtual balance and will not actually own the assets until you cash out. CFDs also make it possible to trade crypto-cross pairings (leverage is also available).
Etoro is accessible as a web app as well as a mobile app for iOS and Android.
The eToro review goes into exactly what traders should expect when they sign up for an account.
Frequently Asked Questions about Crypto Apps
What Should You Look for in a Cryptocurrency App?
Data in Real Time
Being late to the party is never a smart idea in trading. You will be unable to profit from short-term moves in the underlying cryptocurrency due to delayed data feeds. Make sure to utilize one of the top cryptocurrency apps, which will show you not only the Bitcoin price but also all other currency pricing feeds in real time.
Cryptocurrency Portfolio Features
Make sure that your portfolio has some cool and helpful features as price alerts, a tracker app, and a good portfolio view that can be used from your phone. Not all apps work on all phones, and not every app does accept installations on every phone. Just make sure to test the app on your device before founding money or attaching your wallet.
What is Cryptocurrency
A cryptocurrency is a digital form of currency that works as a medium of exchange for assets traded on decentralized platforms. Unlike fiat currencies (USD, Euro, JPY, etc.) that are regulated by their respective states, cryptos rely on cryptography to control the creation of new units of currencies.
Cryptocurrencies are decentralized, transparent, and uncontrolled by any particular organization or government; they exist on a network called blockchain.
Inside the blockchain technology, cryptocurrency transactions undergo various processes as highlighted below:
If A wants to send money to B, the transaction appears online as a “block.”
The block is then broadcasted to every party on the network
Those within the network approve the transaction after validation
The next stage will be for the block to be added to the chain, which gives an indelible record of transactions
The money is then moved from A to B.
Before investing in the crypto space, there are specific rules you’ll need to consider. They include:
Don’t invest what you’re not willing to lose – this is a rule that applies to almost all investments. It’s quite simple and straightforward, understand the level of risk you’re willing to take and don’t stretch beyond that limit.
Diversify, diversify, and diversify. Don’t rely on only one cryptocurrency. Spread your risk by investing in other digital currencies too.
Understand the currency you’re investing in. Go through its whitepaper and analyze whether its model makes sense.
Do a background check on the team behind a particular coin. Are they qualified in terms of knowledge and experience? Do they have a clear roadmap for their projects?
Evaluate the market cap of a currency. The higher the mark capitalization, the higher the liquidity of an asset.
Analyze any partnerships or agreements in existence. Are they likely to have a positive impact on the cryptocurrency?
Customer support: How responsive are they to customer queries?
Conduct in-depth research about the currencies you wish to invest in – a great place to start is on cryptocurrency forums such as Coin Telegraph, Social media groups, or other platforms such as Reddit and LinkedIn.
Share your thoughts and concerns with others to be able to get feedback on what you already know. This might save you from carrying around any false information that may otherwise affect your investment.
Don’t trust everything you read or hear – understand that some of the information represented on media platforms are simply malicious in nature and are sometimes only meant to throw the market in a state of fear and uncertainty. Also, be cautious of any links or emails you come across online, the crypto space is one of those investment areas marred with the worst of scams.
Always remember why you decided to invest in cryptocurrencies and abide by that reason. Whether it is to make a quick buck or to invest for the long-haul, remain patient and calm. The market will sometimes be emotional, but if you believe in the currencies you invested in, you’ve got to stick to your gut.
How to Start Investing in Cryptocurrency
There are a few steps that one needs to follow to start investing in cryptocurrencies regardless of the coin(s) you choose. Essentially, below are the standard steps that you’ll need to follow to get started:
Step 1: Get a cryptocurrency wallet
A cryptocurrency wallet is one of the most important tools when looking to venture into cryptocurrencies. Just like conventional wallets that are used to store our physical money, crypto wallets help store your digital money safe.
There are several wallets to choose from, including online, desktop, and hardware wallets. But as much as you may have a lot of wallets to choose from, consider going for the hardware ones that offer a safe and offline way of storing your assets.
And while at it, ensure that you go for a wallet that is compatible with a decent number of cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Ripple, Dash, and many more.
Step 2: Sign Up on Cryptocurrency Trading Platform
Cryptocurrency trading platforms are also known as exchanges – and they are platforms that enable you to buy, sell, and exchange cryptocurrencies. However, some platforms allow users only to buy and sell digital currencies, while others permit the trading of cryptocurrencies with fiat currencies.
Depending on the exchange you sign up on, you will be able to invest in a number of coins. The point to note here is that you want to go for coins that offer high liquidities. Like I mentioned earlier, this will make it easier for you to convert your digital assets back to fiat money. The big four (Bitcoin, Ethereum, Litecoin, Ripple) are among some of the most liquid cryptocurrency assets in existence today.
There are hundreds of exchanges that can get you signed up easily, but as a starter, you probably want to narrow down to a few reputable ones. Depending on your location, some of the well-established trading platforms globally include Coinbase, Coinmama, Binance, Paxful, Cex.io, Bittrex, just to name but a few.
The choice of exchange you use may depend on your location, be sure to find out whether a given platform operates in your country before signing up on it.
Besides, the process of signing up on some of these platforms may vary, but they are mostly standard in terms of requirements. Some of the standard requirements include your full name, a valid email address, and a password, a phone number, identification documents, and/or a passport photo. You may not be required to produce all these documents upon signing up, but most exchanges require you to avail them for you to increase your transaction limits.
Step 3: Transfer your Digital Assets to Your Wallet
After signing up on your platform of choice and acquiring your assets, you’ll need to transfer them to your wallet. Most platforms offer free online wallets on their exchanges, but if history serves us right, one can never be too careful with online businesses, can they? Here are some of the terrifying hacks in the history of cryptos. I hope that scared you enough to know how important it is to store your funds offline.
In case you need to exchange your coins with other cryptocurrencies, you’ll need to transfer the funds back to your exchange of choice. The process usually is quite straightforward. You’ll paste the address of your wallet to your exchange to transfer funds to the exchange. Next, you’ll need to find the trading pair of your choice, consider this example:
Let’s say you wish to exchange Bitcoin for Ethereum. After sending your Bitcoin to an exchange, find a trading pair indicated as BTC/ETH, this means that you’ll be exchanging Bitcoin for Ethereum. Once you identify your trading pair, follow the steps to complete the exchange, and transfer the funds back to your wallet.
Best Cryptocurrency Apps Summary
In a nutshell, investing in a cryptocurrency involves acquiring a wallet, signing up on an exchange, buying your coins, and transferring them to your offline wallet for safekeeping.
Returns on cryptocurrency investments are highly promising. In the past, some assets’ market prices have risen by almost 2,000 percent in a few of months. When the market experiences a correction, however, price fluctuations can be fairly large. The cryptocurrency market has seen an upward and negative trend in pricing in the first several months of 2020. Many people have been put off investing in this sector as a result of this.
Finally, remember that every investment has its ups and downs; the most important thing is to understand the type of investment you’re making, the obstacles it presents, and how to overcome them. It will be much easier for you to trade profitably once that happens.
The emergence of cryptocurrencies has been marked by quick advancements and novel concepts. Cryptocurrency is here to stay, and the crypto world in ten years will be completely different. Listening to the top crypto podcasts keeps you up to date on the most recent developments and trends.
What is a crypto exchange?
Cryptocurrency exchanges are online marketplaces where users may purchase and trade digital currencies such as Bitcoin, Litecoin, Dogecoin, and others. The exchange matches buy and sell orders and notifies the investor of the transaction.
What is a crypto wallet?
A cryptocurrency wallet might be a physical device or a software application. To store their cryptocurrency, crypto investors require such wallets. Brokers offer an alternative, however they make it impossible to remain anonymous when utilizing them.
The truth is that numerous notable cryptocurrency projects have emerged in recent years, and there are now a plethora of practical applications worth mentioning. There are plenty of wonderful alternatives for your needs, whether you are an iPhone or Android user, a trader or a long-term investor, or if you are located in the United States or Europe. The safest method to win in this competitive industry is to combine the power of the best bitcoin apps and the best cryptocurrency exchange.
That is why it is critical to conduct thorough research and examine the benefits and drawbacks of each solution to determine which is the greatest fit for your requirements. Keep track of user ratings and comments in app stores, on forums like Reddit or Bitcointalk, on Trustpilot, and other trustworthy internet sources. It assures that the one you choose is tried and true, with a large number of happy customers.
If you plan to trade cryptocurrencies actively, please read the articles about the best cryptocurrency newsletters and top crypto day trading platforms.