Many people think of buying cryptocurrencies as a way to make money without doing anything. Some people think of it as an alternative to more usual ways of investing. There are more speculative crypto dealers daily because crypto is so popular. In April 2021, Bitcoin skyrocketed to over $63,000.
Most people trade cryptocurrencies on their phones, but skilled traders also use desktop apps. Crypto trading is open to individuals, groups, well-known funds, businesses, and governments. It is a skilled task that you should think about doing.
The best crypto apps let users deposit fiat quickly and with low fees. They also let users deposit fiat in a lot of different ways. Trading crypto costs nothing or very little, and withdrawing crypto costs nothing. The best crypto apps or exchanges let users trade in other ways, like mining, staking, and having built-in custody for institutions.
Traders can also set real-time alerts, track prices, and use advanced charting to help them make trading choices that will help them make more money.
How to Buy and Sell Cryptocurrencies
- Research on trading apps – Apps vary in what they offer, like quick deposits, fees and commissions, order books, credit card and other payment options, the ability to trade with other users, and ways to make sure users are who they say they are. Create a wallet with the one that has the most useful features for you after signing up.
- Deposit your cash from the bank, credit card, VISA, Web Money, etc. – Check that the way you want to add money to your app works. If you want to buy cryptocurrency, the best apps let you choose whether deposits can be made right away or over a certain amount of time. There are people who do it quickly and people who take days.
- Place orders – Different crypto apps let you trade with other people directly. Find a peer to trade with, and either take their market orders or give them your market maker orders. You should be able to place trade orders in the best crypto trading apps to lower your trading fees.
- You can buy crypto from a central order book with some other apps. You need to click the “Buy” button, pick the cryptocurrency you want to buy, and enter the amount you want to spend. Some orders you can make on a crypto exchange are quick market, limit, stop loss, maker only, immediate or cancel, reduce only, and edit.
- After that, the coin is put into your wallet. From the wallet, you can take money out, save it, bet it, or send it to a friend. As was already said, the best app for trading cryptocurrencies lets you spend your money in other ways.
Following Is The List of Top Cryptocurrency Apps
The Uphold crypto trading app makes trading more than 200 coins easy. You can do this on the web or with your phone’s iOS and Android apps. It’s now offered in more than 150 countries around the world.This is a way for anyone who wants to spread out their interests. Real assets like stocks, metals, and currencies are mixed with crypto to give you the best of both worlds.
This is an excellent way that the trading tool stands out: switching from one asset to another is easy. Also, there are no fees to make a deposit, and trade fees come in the form of spreads that are usually less than 2%. Cryptos with a lot of buy and sell have lower gaps.
- Right away, market sales. It works with limit orders.
- You can buy immediately and without any fees with a credit or debit card and a bank account. This means that you only pay your bank, not Uphold.
- Businesses and developers can use Custodial and API trading tools for personal and business/developer/affiliate goods.
- Signed up with the Bank of Lithuania, FinCEN, and FCA.
- Setting stakes.
- Trading by auto.
Trading Fees: The spread on BTC and ETH in the U.S. and Europe is between 0.8 and 1.2%. In other parts of the world, it is mostly 1.8%. It costs $3.99 to take money out of a bank account. API fees are different.
There are terms. Cryptoassets change value a lot. Your money is in danger. You should only spend money if you’re ready to lose it all. You shouldn’t think you’ll be safe if something goes wrong with this investment. The Uphold Card is issued by Optimus Cards U.K. Limited, a significant part of Mastercard and has been permitted by the FCA.
SimpleSwap, a secure and user-friendly cryptocurrency exchange platform, enables you to engage in trading with a variety of cryptocurrencies and fiat currencies. With over 500 crypto and fiat options available, you have the flexibility to buy, sell, or exchange these assets effortlessly. This can be done via their web-based service or mobile app, and you have the option to either set fixed rates or opt for fluctuating rates, depending on your preference.
The fact that SimpleSwap can do a quick swap might make it stand out. The site lets traders quickly change one currency for another with little to no work. If you want to use more complicated trading tools and features, you can join SimpleSwap’s affiliate programme.
- More than 500 fiat and crypto coins can be used.
- There is an app for both iOS and Android phones.
- The algorithm gathers information from different trades.
- Exchanges with both fixed and changing rates made it more accessible.
- SSL encryption makes selling possible.
- You don’t have to do any KYC or sign up to trade.
Price: Each transaction costs a set 0.5% fee.
This is the safest wallet; you can also buy and sell it.
Zengo lets you sell over 120 cryptocurrencies, such as Bitcoin, Ethereum, and other well-known ones. Not only does it work on Android and iOS, but it’s also the safest cryptocurrency wallet, which sets it apart from other crypto trading apps. Thankfully, it’s straightforward to set up.
The platform uses MPC technology to let users create a non-custodial wallet. This means that users don’t have to copy, write down, or store the secret key separately from the wallet.
To begin, that process is needed to create an everyday non-custodial wallet. If something goes wrong with your phone or wallet, you can fix it with the private key and never lose your crypto. By doing so, you’ll acquire the cryptocurrency you’ve safeguarded.
Zengo offers a seamless solution where your secret key is automatically kept on your mobile device, requiring no manual intervention. Plus, in case of any unforeseen issues, you’re assured of a secure recovery. Through the application of MPC technology, the private key is divided into multiple confidential segments, with one segment stored on your phone and another on the Zengo website.
If you lose your phone or delete the Zengo app, you can still get back to your crypto bank and get your coins back without losing them. All you have to do is use 3FA to get in. Your computer and server will work together to send money through iCloud, Google Drive, or Dropbox and restore your wallet if necessary.
- Exchange coins right away.
- To buy crypto, you can use credit cards, debit cards, bank wires, Apple Pay, Google Pay, and other cryptocurrencies. At least one of these must be met.
- You can stake and give cryptocurrency through other Dapps that do the same (you can connect them to Zengo through WalletConnect).
- Zengo Pro: Zengo Essentials is still free, but for as little as $16.67 a month, you can get a suite of premium protection features by upgrading to Zengo Pro.
- Legacy Transfer: This feature is similar to traditional transfer systems in that it lets you give someone access to your digital assets if you die or can’t be reached for a long time. This is the first and only self-custodial tool on the market that can do this.
- Asset Withdrawal Protection: 3D FaceLock biometric verification stops unauthorized transfers.
- Advanced Web3 Firewall: checks for risks and sends alerts in real-time to protect you from Web3 threats.
- Priority 24/7 Support: responses are usually made in less than three minutes, and 180 languages are supported.
- Bank transfer: Spread plus processing fee plus gateway fee for a bank move is 1.99% to 2.2%.
- For credit card: With a credit card, the gateway fee is 1.99%, and the spread plus the processing fee is 3.75%.
Best for all levels of trading.
Bybit stands out as a user-friendly and cutting-edge platform designed for cryptocurrency trading. It provides up-to-the-minute market data, a robust market depth, and ample liquidity. Additionally, it ensures the security of your assets by keeping them offline, away from online vulnerabilities.
Bybit offers round-the-clock multilingual customer support, and you can conveniently access their mobile app on both iOS and Android devices.
- Bybit’s spot trade product makes it easy to buy and sell crypto at the best rate and with plenty of market liquidity.
- Anyone who wants to trade can use the site.
- To give traders the best experience possible, the platform is constantly getting updated with new assets and goods.
- Fifty-nine foreign currencies can be used with it.
- The app lets you pay in several ways, including with Visa and Mastercard credit cards, debit cards, and cash deposits.
Fees: The picture below shows how much it costs to trade derivatives. The maker fee rate is 0% for all spot trading pairs, and the taker fee rate is 0.1 %.
The best for complicated crypto trading and guessing.
The OKX Bitcoin trading app can be used on both the web and Android and iOS mobile devices. For speculation, the app lets you buy and sell crypto on the spot markets. It also lets you buy and sell crypto right away using different payment methods, like credit and bank cards. The second one lets users guess the price of cryptocurrencies by using advanced trade tools like charts and advanced order types to profit from price changes.
Traders can also use it to deal with crypto futures and crypto options.
OKX has deep liquidity books and shows more than 300 crypto coins that can be traded on active markets. There are also many ways for users to deposit money and invest in other goods, like staking, lending, NFTs, and mining.
- Use a bank card to buy crypto right away.
- Using APIs to trade crypto.
- Dashboard for activities.
- Use trade charts and
- Tools for trade statistics.
- Orders for advanced trade.
- Accounts can be backed up and restored.
- Cryptos have a low minimum payment of $5 or less.
- Trades with borrowed money or margin.
- The OKB platform currency and the OKChain blockchain.
- The selling fee is based on how loyal you are, how much OKB you have in your account, and how much you trade in 30 days. VIP accounts can also get refunds.
- The OKX Risk Shield has a $700 million backup fund.
Fees: The app is free to use. The active trading fee starts at 0.10% for the taker and 0.080% for the maker. It goes down to 0.080% for the taker and 0.060% for the maker based on how much OKB is held and how much trading is done. VIP users get a taker fee of 0.080% to 0.02% and a maker fee of 0.06% to 0.005%.
You may have to pay an extra 4% per transaction when you use fast payment methods like Visa and Mastercard.
Low fees make it best for new and experienced traders who want to cash out their crypto.
It has both a web-based platform and mobile trading apps for iOS and Android that let you trade coins while you’re on the go. With this app, you can hold, sell, send, and receive more than 50 cryptocurrencies, such as Bitcoin and Ethereum. They are helpful for both new and experienced crypto buyers.
Many cards, banks, wire transfers, SEPA, and apps can be used to buy cryptocurrency. In addition, you can move crypto to a bank account. You can send crypto with the app by reading a Q.R. code.
A lot of users around the world have already used the app and found it to be easy to use.
- To trade better, keep an eye on your trading past, the value of your portfolio, and charts. The Tradeview feature gives you access to many more charts and tools. You can also sort assets by success, popularity, and time on the market.
- Many kinds of orders can be made on the exchange platform.
- Multiple signatures are used to protect web and mobile wallets. Crypto is also safe when it’s not online or while it’s being sent.
- You can turn off the app from afar if you lose the device.
- This one doesn’t let you trade with leverage compared to other Bitcoin trading apps.
Trading Fees: Trading fees range from 0.50% for trades under $10,000 to 0% for trades over $20 million. We charge 15% of the earnings you get for staking. When you use SEPA, ACH, Faster Payments, or Crypto, you can make deposits for free. International wire transfers cost 0.05%, and card payments cost 5%. Withdrawing costs 3 euros for SEPA, 0 pence for ACH, 2 G.B. for Faster Payment, and 0.1 percent for an international wire. The fee to withdraw crypto changes.
Best for selling automatically.
The NAGA trading platform has a cool new feature called “auto copy trading” that lets users copy the moves of professional traders without having to work hard to make a trading plan based on their skills.
Your account gives you access to traders’ leaderboards that show how much money they made. They are set up by day, week, month, or all time. NAGA also lets you trade with up to 1,000 times your initial investment, which is a lot more than many other brokers give.
You can trade over 40 cryptocurrencies on the site, such as Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. When you use the NAGA Coin NGC, you can also cut your trade fees in half. Smartphone users can also send, receive, and keep crypto on the platform.
- Copy trades with set percentages or fixed amounts of money to spend.
- iOS and Android apps.
- Trading leverage of up to 1,000x.
- You can trade indices, ETFs, crypto and stock CFDs, coins, stocks, forex, and over 950 other financial products.
- There is no limit on the number of trades.
- Wallets hosted by NAGA.
- A bank transfer is one option for adding funds to your account, credit card, or cryptocurrency such as Bitcoin, Litecoin, Dash, Ethereum, or Naga coin. Other online payment options include Skrill, Neteller, Giropay, EPS, Ideal, p24, and Sofort.
- No-fee purchases with a NAGA debit card.
Trading fees: Spreads are very low—only 0.1 pips. $5 to take money. The inactive fee for three months is $20. There may be fees for rollovers, swaps, and other things.
Best for traders and buyers with a lot of money.
Gemini is a coin that can be used to buy things in USD. There are rules about cryptocurrency trading from the New York State Department of Financial Services (NYSDFS). People can sell more than 100 cryptocurrencies on the exchange. It also stores crypto for big crypto groups and companies.
Users can save their cryptocurrency in Gemini Earn and earn up to 7% interest on those savings. It has a stablecoin called the Gemini Dollar tied to USD funds in a 1:1 way.
- Apps for iOS, Android, and the web.
- Gemini Pay lets people use their crypto wallets to pay for things in shops throughout the United States. You can also do this with Flexa.
- Your bank account and cryptocurrency can be used to pay your account or wallet, but not a debit or credit card. A new Visa card will let you use cryptocurrency in stores and ATMs when it comes out.
- The most you can borrow daily is $500; each month, it’s $15,000.
- The most that can be taken out is $100,000.
- You can trade digital art and collectables on Nifty Marketplace.
Fees: The exchange fee ranges from $0.99 to 1.49 per cent. The cryptocurrency app is free to use, though.
It is best for big buyers and groups of traders.
Binance also has basic features like sending and receiving and tools for investing and staking. Binance Normal is free, but Pro and Binance Lite cost money. This exchange has a lot of liquidity because it is one of the biggest ones on CoinMarketCap in terms of trade volume. The Binance US follows the rules for trade in the U.S.
- Trading pairs between cryptocurrencies can use more than 500 cryptocurrencies and tokens.
- Simplex and other third-party sites let you use credit cards and wire transfers.
- The fees are lower when you pay for petrol with a BNB platform coin.
- Peer-to-peer trades between cryptocurrencies are allowed. Cryptocurrency users can also trade for cash and use many different payment methods.
Fees: Purchase and trading fees range from 0.02% to 0.10%. Debit card payments cost 3% to 4.5%. Single Euro Payments Area (SEPA) transfers are free, but U.S. wire transfers cost $15 each.
Best for moving from fiat to crypto.
Coinmama probably fits this list because it lets users trade with many more payment options than most other apps here. You can buy crypto from your bank, VISA, SEPA, MasterCard, Apple Pay, Google Pay, or Skrill. Bank payments and other ways can take up to three days, but credit and debit cards can be used immediately to buy crypto.
People who want to turn crypto into cash must first turn other coins into Bitcoins and then use the exchange to get their money out of their bank account. If not, you can only use Bitcoin to sell for cash through bank accounts. The fact that Coinmama isn’t available on Android or iOS is another problem with it. People who want to use it on their phones can only access it through the website.
- Credit card purchases up to $5,000 per day are permitted. The maximum you can spend while making a purchase using a bank card is $15,000.
- They both let you make 5 and 10 trades a day.
- Buy coins right away. Not a single crypto-to-crypto trade.
Trading fees: You don’t have to pay any fees to trade with SEPA or SWIFT if your order is over £1000 (otherwise, it costs 20 GBP), Faster Payments in the U.K. only, or credit or debit cards.
Another way to make idle income at home is by trading digital currencies. Most crypto traders use apps on their phones because they let them trade while they’re out and about. To find the best crypto trading app, check out the fees, spreads, payment options, and market liquidity.
Binance, Gemini, Coinbase, and Kraken are the best regarding high liquidity and significant investments. Bisq is the best peer-to-peer app. To trade futures and copy trades, eToro is the best cryptocurrency app.