Cryptocurrency has become the new trend, and many people are investing in virtual currencies. However, with so many cryptocurrencies available, deciding where to invest can be challenging, as well as keeping track of the market’s changes and — most importantly — storing your digital assets securely.
Fortunately, you can use your smartphone to stay updated about your investments. You can download many apps to track your coins, use them as a virtual wallet, or even use them as handy tools to stay ahead of the game. In addition to cryptocurrency apps, we have compiled a list of our favorite stock-trading apps, which you can check out to get more value from your smartphone.
If you’re ready to get into the crypto game for yourself, here are the best cryptocurrency apps available for iPhone and Android phones in 2023.
Coinbase
Coinbase claims to be the world’s number one cryptocurrency trading platform, making it a popular choice for buying and selling Bitcoin, Ethereal, and other digital currencies. The Coinbase app is available for iOS and Android, allowing users to monitor cryptocurrency prices and serve as a wallet for their funds. Additionally, Coinbase assists users in locating merchants that accept cryptocurrencies as payment. While some users have raised concerns about the platform’s fees being somewhat high, many still consider Coinbase the go-to app for those just starting cryptocurrency trading.
Kraken
Kraken is a cryptocurrency exchange platform that offers a wider range of cryptocurrencies to trade at lower fees than Coinbase. Intermediate-to-advanced traders can make the most of Kraken’s features, which include 5x margin trading, detailed trading charts and histories, and round-the-clock customer support. The Kraken Pro app provides all the features available on the desktop site. Security analysts in the third party consistently find Kraken one of the most secure exchanges, giving you peace of mind that your funds are safe.
Gemini
Gemini is a highly reputable cryptocurrency exchange based in the United States. It is known for its comprehensive trading options and top-notch security measures. The exchange focuses on significant cryptocurrencies such as Bitcoin, Ethereal, Litecoin, and Chainlink, but it constantly updates its selection. Additionally, Gemini offers a variety of price alert options so that you can buy or sell at the right time. You also have the option to arrange regular buys, enabling you to invest a portion of your salary in a cryptocurrency of your choice.
Robinhood
Robinhood is an excellent choice for investors looking for a user-friendly and commission-free platform to trade stocks, ETFs, options, and cryptocurrency. It’s beneficial for beginners who want to start investing with small amounts of money. Robinhood was initially famous for enabling the purchase of fractional stock shares, but it now also offers margin trading. Through the platform, you can buy and sell different cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin.
eToro
eToro is an investment platform that lets you trade in assets such as stocks, currencies, crypto assets, ETFs, etc. The platform has a social trading feature that enables you to follow and copy the trades of successful investors. Additionally, you can create a demo account worth $100,000 to practice trading. With eToro, investors of all levels, from beginners to experts, can enjoy an inclusive crypto trading experience on a powerful yet easy-to-use platform.
SoFi
SoFi is an online personal finance company that provides a broad range of financial products and services. It has emerged as a top choice for those seeking financial assistance. Additionally, SoFi offers its customers the option to trade in 22 different cryptocurrencies — including popular ones like Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and Ethereal Classic. With its emphasis on innovation and customer satisfaction, SoFi is well-placed to sustain its growth and remain one of the leading players in the personal finance industry.
Crypto.com
Crypto.com is a leading platform that offers users an extensive range of digital assets at low fees. The platform is designed to cater to novice and experienced traders’ needs. It is perfect for those comfortable with mobile trading and offers a user-friendly interface that simplifies trading for all. In addition to trading, Crypto.com provides various add-on services, such as credit cards, which further enhance the user experience. The credit cards are linked to users’ Crypto.com accounts and offer multiple benefits such as cashback rewards, airport lounge access, and no foreign transaction fees.
Fidelity Investments
Fidelity Investments is one of the world’s largest financial institutions, providing a wide range of products catering to newbies and professionals. Among its many offerings is Fidelity Crypto, a platform that enables you to trade and secure cryptocurrencies such as Bitcoin and Ethereum for as little as $1. With Fidelity Crypto, you’ll enjoy a seamless and intuitive experience that makes managing your crypto assets easy. The app and service offer many educational resources to help you grow your crypto knowledge, including news articles, podcasts, webinars, and on-demand education.
Betterment
If you’re looking for a managed cryptocurrency experience, then Betterment could be an excellent option for you. With Betterment, you get a range of diversified crypto portfolios, each featuring carefully curated selections of established coins like Bitcoin and Ethereum. By investing in these portfolios, you can benefit from professional management and greater diversification, which can help minimize risk while maximizing potential returns.
KuCoin
KuCoin is a highly reputable and globally recognized cryptocurrency exchange that provides its users with an extensive range of trading services. Whether you’re a beginner or an experienced trader, you’ll find various trading options, such as spot trading, margin trading, futures trading, staking, and lending, designed to meet your specific needs. One of the most significant advantages of using KuCoin is its support for over 750 cryptocurrencies, including major coins like Bitcoin, Ethereum, USDT, and many less well-known altcoins. This means you’ll have access to a vast pool of digital assets, allowing you to diversify your portfolio and take advantage of different market trends.
BYDFi
If you’re looking for a cryptocurrency exchange, consider checking out BYDFi. Despite being relatively new, this exchange has quickly gained popularity due to its wide range of trading products and services. Whether you’re interested in spot trading, margin trading, perpetual contracts, or copy trading, BYDFi has covered you. One of the main benefits of BYDFi is its low fees. Compared to other exchanges, BYDFi offers some of the most competitive costs in the market. This makes it an attractive choice for traders who aim to maximize their profits.
