Cryptocurrency trading apps: Few apps you should try

Are you looking for trading convenience or on the go? No matter where you are, you’ll always be able to access your cryptocurrency wallet through these apps that are available for iOS and Android. Cryptocurrencies like Bitcoin, and the numerous altcoins that followed it, have recently achieved all-time highs. However, just because prices are heading for the moon doesn’t mean the crypto market isn’t still volatile.

The best way to get the most value out of your cryptocurrency assets is to be able to trade them from any location, which is where these apps come into play. You can use either of these apps on iOS or Android.

When thinking of trading cryptocurrencies, bear in mind that cryptocurrency markets are not always stable and secure, even if they have a good reputation. If you’re planning to invest money that could be lost in cryptocurrency, make sure you learn how to trade cryptocurrency trade cryptocurrency safely before doing that so you don’t begin to complain later.

 

Applications to use in trading Cryptocurrency

Binance

With more than 200 cryptocurrencies under its supports, Binance is the largest crypto exchange, as well as a safe place to purchase and sell your Bitcoin and altcoins. According to Binance, its app is secured by Users Secure Asset Funds, which is a cold wallet holding 10% of all trading fees collected by Binance.

The app also allows users to save and earn interest of over 5% as its operations fee. There is also a lite interface for Binance, which according to the company is appropriate for beginners who are new to crypto trading. Users can download the Binance app for Android and iOS.

 

Coinbase

Coinbase is another platform that offers cryptocurrency trading, however, its coin selection is smaller with numerous safety features. Coinbase also offers new users $5 in Bitcoin upon registration and verification of their identity when they sign up.

Trading with Coinbase only requires linking your bank account or debit card. Coinbase supports a whole lot of cryptocurrencies which include Bitcoin, Ethereum, Bitcoin Cash, Ethereum Classic, Basic Attention Token, Litecoin, USD Coin, and 0x.

A knowledge base is also provided to help people understand cryptocurrencies and how to trade them, as well as tools that provide updates on coin performance and news. Despite claiming to have bank-level security, Coinbase also provides the option of disabling your apps to prevent theft when you lose your devices. Apple and Android users can use Coinbase.

 

You may want to check out the best stock trading platform available, you can log in to trading platforms to get more information regarding what you need to do

 

Robinhood

A backlash occurred when Robinhood turned off sales of GameStop stocks during a Reddit led to a surge in 2021, and when it crashed during a surge in Dogecoin price recently. Even with its shortcomings, Robinhood is a beginner-friendly, easy-to-use app that accepts both regular stock trading and cryptocurrency.

The app supports trading of Bitcoin Cash, Bitcoin, Dogecoin, Bitcoin SV, Ethereum Classic, Litecoin and Ethereum.  Finally, keep in mind that Robinhood only lets you buy and sell cryptocurrency, not withdraw it. So, if you’re looking for where you can easily access your crypto and make exchanges, then pass on Robinhood. You can download Robinhood on Android and iOS.

 

Sofi

Similarly, Sofi offers more than just cryptocurrencies. It also offers stocks in addition to cryptocurrencies. The app combines banking, investing, and credit card management into one. To entice new customers, Sofi offers fractional shares, stocks, crypto, IPOs, ETFs, credit monitoring, a debit card, and loans. It also allows new account holders access to $1,000 as a reward for a claw game contest.

Sofi’s debit card allows users to redeem points for cryptocurrencies like Ethereum and bitcoin. To help you turn your investments into returns, Sofi offers automated investing using algorithms that analyze the best opportunities to invest. You can download the app on Android and iOS.

 

Bottom Line

You can try your hand on these apps and see the one you fancy. These apps all offer different services to meet your needs. So, depending on your needs, you can select the one that favor’s you.

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