As more people begin to invest, a torrent of cryptocurrency apps has been produced. However, with hundreds of different portfolio and trading apps available, selecting a cryptocurrency app to assist and guide you can be overwhelming.
Here is a list of the top cryptocurrency apps for beginners and why you should explore each one.
1. BlockFi
You do not need to establish a new portfolio to earn interest with BlockFi. You can keep your current portfolio and earn up to 4% interest on your holdings. Anyone interested in BlockFi should consider investing in stablecoins such as USDC and GUSD, yielding up to 7.5% interest.
2. Gmini
Gemini, founded in 2014, is one of the most well-established digital asset exchanges in the United States and one of the safest cryptocurrency exchanges due to its security. The platform has never been hacked and is one of the few completely regulated exchanges in the United States.
3. CoinBase
Coinbase is the most popular cryptocurrency app. Coinbase allows you to trade various cryptocurrencies, including Bitcoin, Bitcoin Cash, BAT, Ethereum, Ethereum Classic, Litecoin, USDT, and ZRX.
Because it offers a very easy-to-use mobile app, Coinbase is advantageous to beginning crypto traders compared to eToro. It includes an easy-to-use UI that is ideal for beginners. In addition, you can handle all your trades from your dashboard and even earn rewards for certain coins.
4. eToro
The eToro platform makes it effortless to trade cryptocurrencies, but it focuses more on short-term than long-term trading. To assist you in making smarter judgments, eToro gives essential strategic insights from their most successful online traders (other users).
The platform’s 0% commission makes it more tempting than competitors who charge a fee. However, like other trading platforms, you will truly own the cryptocurrencies you trade once you pay out.
5. WeBull
The sole disadvantage of WeBull is the need for more news information that may assist new traders in getting their feet under them and learning more about their options. However, what it lacks in news substance, it makes up for in features and usability.
6. Blockchain.com
Blockchain, one of the most popular cryptocurrency apps on the market, has launched a beginner-friendly app so anyone can get started. Blockchain supports many cryptocurrencies, allowing users to conveniently store, buy, sell, and manage their Bitcoins and altcoins.
The app allows you to make crypto-to-crypto conversions and coin transfers. The digital wallet also functions as an interesting account, allowing you to earn up to 12% on savings accounts, making it one of the finest crypto wallets.
7. Exodus
Exodus, one of the top crypto wallets in the business, is secure and simple to use, even for individuals with no prior experience with Bitcoin or other cryptocurrencies. In addition, the more than 125 cryptocurrencies supported make it a reliable option for storage, while the trading costs can be high.
Exodus is not just a safe wallet but also allows you to buy and sell digital coins while on the go. The variety of built-in features will assist any novice in getting started without feeling overwhelmed.
8. Voyager
The lack of control you have over your real trades is what makes Voyager unusual. You are not allowed to see what they are. Instead, the platform’s Smart Order Router invests for you and distributes earnings without commission. Voyager is more analogous to a crypto-robot account, investing money wherever it deems fit.
9. Delta
The app’s data syncs to various devices, allowing you to access it from anywhere. You will also be provided with analyses of your trade history, asset history, asset location, trades, and investment status.
10. Blockfolio
You can use the app to sync your exchanges and automate the tracking procedure. In addition, it allows you to view the most recent pricing, market statistics, trend changes, and news. Blockfolio is also completely free to use.
The Best Cryptocurrency Apps
Even if you don’t have any experience with cryptocurrency, the apps on this list will help you buy and sell tokens, manage your portfolio, and keep your investments secure in a digital wallet. Each app has advantages and disadvantages, so get an idea of what you want to accomplish and choose the right one.
