If you are interested in trading cryptocurrencies, then using a crypto app could be very useful to you. It is also interesting to know which app you should use, because there are hundreds of them. This can make it quite overwhelming for beginners who are considering using one. Are you wondering about the best app for crypto? In this article we will look at what a crypto app is, we look at various apps and at the top crypto apps, so continue reading to find out more about the best app for crypto and the best crypto wallet apps.

What is a crypto app?

In recent years, cryptocurrency has gained a lot of popularity. Together with the rise of this popularity, many crypto exchanges have released apps that allow their users to manage their funds very easily. These apps have been significant in the crypto world and appeal a lot to traders, because they make the process of buying and selling cryptocurrencies more accessible, and easier than ever. These crypto apps are apps that allow cryptocurrency traders and investors to easily manage and trade their cryptocurrencies in a convenient way. Currently, there is a wide range of cryptocurrency apps that allow everyone from beginners to experts to trade with many different cryptocurrencies including Bitcoin, Ethereum or Litecoin

Apps for crypto

Why use a crypto app?

There are many reasons why you could decide to use a cryptocurrency app. Most of these apps today, are designed to help users with trading cryptocurrency. This way, they can make buying and selling cryptocurrencies more accessible for everyone, because nowadays, the majority of people have smartphones.

First of all, they provide a lot of convenience. Many crypto apps usually take user-friendliness into consideration when developing the app. They allow you to access your wallet wherever you are; this way you can buy and sell crypto whenever you want. The simple interface in most apps also allow you to easily track your profits and losses. Second, many top crypto apps allow you do manage your portfolio with ease, making sure you can have an overview of your cryptocurrencies without stress. The way they do this, is by creating crypto wallet apps.

These are basically apps that allow you to access your wallets and securely store your coins in them. Next to that, with an app you can always respond to the crypto market in real-time. Whenever there is a big dip, you can easily access the app and buy whatever coin you want. Similarly, you can immediately sell your crypto when you feel like the price is high enough.

Usually, these cryptocurrency apps or Bitcoin wallet apps are pretty safe. Most modern smartphones make use of biometric security, like fingerprints or facial recognition, and most of the time this technology is also implemented in crypto wallet apps. So even if your phone gets stolen by a criminal, they will not be able to bypass the security to access your funds. On the majority of these apps, you are required to sign up. Typically, this process involves verifying your e-mail address and phone number, as well as your identification by uploading a photo of your ID card or passport. As soon as this process is complete, you can instantly begin buying and selling your favorite cryptocurrency.

This process is quite straight forward in most apps, as they have an intuitive design. The Coinbase app is a great example of this. Many cryptocurrency apps also allow you to stay up to date on all the latest updates and developments of your favorite crypto projects. This can also help you decide more easily which coins you want to buy or sell. The best crypto app is usually what caters the most to your own personal needs. If you only want to trade in Bitcoin, then using a Bitcoin app is probably the best choice for you, but if you want more choice, you could take a look at the Coinbase app or the Crypto.com app. 

Advantages of using a crypto app:

  • Enjoy the convenience of managing your funds;
  • React to real-time crypto events;
  • Stay up to date on the latest projects and developments of your favorite cryptocurrency;
  • Buy and sell crypto extremely easily;
  • Secure your cryptocurrencies with ease.

Top 5 crypto apps & reviews

In this section, we will look at the 5 best crypto apps. Read through all of them to find out what the best app for crypto is. We will also take the fees of each app into consideration, which is important when trying to find the best app to buy crypto on.

Coinbase

Coinbase is currently one of the biggest crypto exchanges on the market. They have more than 30 million users worldwide from over 100 different countries. The reason why the Coinbase app is so big and popular, is because of how easy it is to use. This is mainly due to the intuitive interface, which is also suited for beginners. After creating an account, you can add your desirable payment methods, after which you are required to verify your identification. After this process, you can immediately start trading in crypto using their cryptocurrency app.

Furthermore, Coinbase is extremely trustworthy and safe. They have never been the victim of a hack which is very impressive. They also hold about 98% of their assets in offline storage, making sure to reinforce their security against hackers. They have a wide variety of coins, including the most popular ones like Bitcoin, Ethereum or Cardano. The fee of transactions on Coinbase is relatively low, especially if you decide to use Coinbase Pro. In that case, it’s under 0.50%. All of this makes the Coinbase app a good crypto app to use. Many people might even call this one of the best crypto apps on the market.

Coinbase logoPros:

  • Intuitive interface;
  • Trustworthy with many security measures;
  • Low fees with Coinbase Pro.

Cons:

  • Custom support seems to have long queues;
  • Relatively low number of coins compare to other exchanges.

Kraken

Founded in 2011, Kraken is one of the most popular cryptocurrency exchanges. Over the years it has built up a high reputation among crypto investors, due to their reliability, low prices and usability. Kraken also offers over 50 different cryptocurrencies. Their mobile cryptocurrency app with a beautiful and intuitive design allows users to track prices, buy and sell crypto, and save your favorite cryptos.

The fees when using Kraken are quite low. Generally, this is around 1.5%. You are also able to use Kraken pro, which lowers the fee to around 0.2%. They offer exceptional security features, so you never have to worry about hackers stealing your crypto. You can enable 2-factor authentication to secure your account even more. Next to that, you are also required to confirm any transactions made via an e-mail. Experiencing problems? Then you can contact their 24/7 live chat with a member of their professional team. All in all, Kraken is a very good choice for people looking to use a crypto app, and is a contender for one of the best crypto apps.

Logo KrakenPros:

  • Large variety of cryptocurrencies;
  • Extremely secure: they have never been hacked;
  • Low buy fees.

Cons:

  • No built-in wallet like other apps;
  • Relatively high withdrawal fees.

Binance

Binance is a very popular exchange, founded in China in 2017. It is a trustworthy exchange, mainly because the CEO is Changpeng Zhao, who is a big name in the crypto world. With over 150 different cryptocurrencies to choose from, there is choice for everyone. It is unfortunately not as easy to use as the other cryptocurrency apps on this list, but they still provide a good service to the users.

Binance also has very low transaction fees of about 0.1%. Transactions are also processed relatively quickly.  As mentioned earlier, this app is not very easy to use, which is why it might not be suitable for beginners. However, for people who do use it, it is a trustworthy service. Something else worth mentioning is that their customer support is quite limited, compared to other crypto apps.

Binance logoPros:

  • Extremely large selection of cryptocurrencies;
  • Low trading fees;
  • Reliable and trustworthy.

Cons:

  • Not as easy to use for beginners;
  • Customer support is not that great;
  • Account verification might take longer than others.

Crypto.com

The crypto.com cryptocurrency app is growing very fast in terms of popularity. Currently, they offer over 90 different coins. A nice feature of crypto.com is that they have their own native cryptocurrency called CRO, which allows you to stake and earn interest. Because crypto.com is based in Hong Kong, their customer support is not the greatest, which is why you will not be able to contact them on a phone number or email address. Their fee structure is a little complicated, but you will never pay more than 0.2%, which might make the crypto.com app an attractive choice. All in all, it is a decent crypto app which is easy to use.

crypto.comPros:

  • Generally low fees;
  • Regulated and trustworthy;
  • Earn interest by staking.

Cons:

  • Customer support is a bit limited;
  • Usability is not great.

eToro

eToro is a fully regulated crypto exchange, used by millions of users worldwide. They offer all the top cryptocurrencies like Bitcoin, Ethereum or Ripple. One of the biggest things that distinguishes eToro from others, is that they offer the ability to create a practice account, where you can trade using fake funds, before you actually decide to use real money.

Furthermore, they have a feature that allows you to copy the portfolios of other big traders. One drawback is that eToro does not offer as many cryptocurrencies as the other cryptocurrency apps on this list. So if you are mainly interested in Bitcoin for example, then this could be a convenient Bitcoin app or Bitcoin wallet app. Moreover, it is a user-friendly app which is suited for beginners. It is also generally considered to be a safe platform, so this is definitely a crypto app to take into consideration.

Pros:eToro crypto

  • Extremely useful for beginners due to the ability to copy portfolios;
  • Learn about investing by using a practice account;
  • User-friendly layout;
  • Low minimum deposit.

Cons:

  • Small selection of cryptocurrencies;
  • High sell fee, where you can be charged up to 5% when you sell a cryptocurrency.

Conclusion

So what is the best app for crypto? In conclusion, the best app to buy crypto on, depends on what you’re looking for, whether it’s the amount of currencies, the lowest fees, or the easiest usability. If you are interested in trading a wide variety of cryptocurrencies, it would make sense to choose a cryptocurrency app that allows you to do that. If, on the other hand, you prefer to invest in one of the main cryptocurrencies like Bitcoin or Ethereum, then you can choose another one. 

Above, you can read reviews of five different top crypto apps, together with their individual pros and cons. Make sure you familiarize yourself with these, so you can make the best choice for yourself. Generally, all of them are solid choices. Another way to get an idea of what every cryptocurrency app is like, is to read their reviews on the app store or the play store.

So if you are interested in getting started with trading in crypto, it is definitely recommended to use a cryptocurrency app, because of all its advantages, but the choice of which is the best app to buy crypto, is up to you. With all of this in mind, you can decide which crypto app or crypto wallet app is best suited to your needs and create an account on that one.