10 Crypto Trading Apps you need to Know

Trading cryptocurrencies entails the purchase and sale of cryptocurrencies on an exchange.

Cryptocurrency can be a source of passive income and an alternative to traditional forms of investment. Cryptocurrency trading is open to individuals, organizations, established funds, businesses, and institutions. It is a worthy professional endeavor to contemplate. 

This guide examines the top crypto trading applications that allow you to sign up and begin trading digital currencies: 

10 Crypto Trading Apps you need to know

• Uphold 
• Bybit
• Coinsmart 
• Binance 
• Kraken 
• ZenGo 
• Coinbase 
• Crypto.com 
• Gemini 
• BitStamp

Uphold

Through a web interface or mobile iOS and Android app, the Uphold crypto trading program makes it simple to trade 200+ cryptocurrencies. It is now available in more than 150 countries worldwide. 

It is also a fantastic choice for those who wish to diversify their investments, as it enables them to obtain the best of both worlds – traditional assets such as currencies, commodities, stocks, and cryptocurrencies.

The trading platform allows users to easily convert from one asset to another, which is a significant point of differentiation. 

In addition, there are no deposit fees, and spreads for trading are below 2%, depending on the cryptocurrency in issue. Spreads are reduced for liquid cryptocurrencies. 

Among the attributes are:

• Instant market transactions. 
• Supports limit orders.
• Using credit/debit cards and a bank account, you can make immediate, fee-free purchases (meaning you only pay bank fees, not Uphold).
• Personal and business/developer/affiliate products – businesses and developers can utilize custodial and API trading tools.
• Staking 
• Auto trading

Bybit

Bybit is an intelligent and user-friendly trading platform for cryptocurrencies. It offers both real-time market data and competitive market depth and liquidity. 

It provides maximal protection for your assets by storing them offsite securely. It also offers multilingual support all day long. Bybit’s mobile application is compatible with both iOS and Android devices.

Among the attributes are: 

• Bybit’s spot trading product enables purchasing and selling cryptocurrencies at the best available exchange rate and with competitive market liquidity.
• The platform is suitable for all levels of merchants. 
• Bybit constantly adds new assets and innovative products to the platform to provide the most outstanding trading experience possible.
• It supports several currency types.
• The platform supports numerous payment methods, including Visa/MasterCard credit, debit cards, and cash deposits.

Coinsmart

CoinSmart lets you purchase cryptocurrencies with credit cards, SEPA, wire transfers, e-transfers, and direct crypto deposits. You can also trade cryptocurrencies on the current market.

Additionally, the exchange supports fewer than twenty cryptocurrencies. And with limited advanced orders (limit and stop-loss orders), purchasing cryptocurrencies with fiat currency and exchanging cryptocurrencies with one another is optimal.

It is the easiest method to withdraw cryptocurrency without a crypto Visa card. Exchange the deposited cryptocurrency for Bitcoin and take advantage of guaranteed same-day fiat withdrawal reimbursements via a bank account. 

Among the attributes are: 

• They guarantee same-day deposits.
• Sell cryptocurrencies for fiat via a bank account. The BTC to fiat conversion is settled on the same day via your bank account.
• Complete monitoring of your portfolio and trading activity.
• Safekeeping pocketbook.

Binance

Binance offers sending and receiving capabilities and stake and investing options. It provides several order classes, including limit order, stop order, stop-limit order, trailing stop order, and stop market order. 

As one of the major exchanges on CoinMarketCap based on trading volume, it is highly liquid. Binance US complies with U.S. commerce regulations.

In addition, Binance offers crypto derivatives like options, spot markets, stakes, and futures. It provides minimal trading commissions, particularly for BNB token holders. 

Some of the attributes:

• The borderless payment technology enables consumers to pay and receive cryptocurrencies. 
• It utilizes end-to-end encryption to safeguard transaction data.
• Simplex and other third-party platforms accept credit card and wire transfers.
• Reduced fees when using BNB platform tokens to pay for petroleum.
• Supported peer-to-peer crypto-to-crypto transactions. 
• Users can also trade cryptocurrencies for fiat currency and pay with a variety of payment methods.

Kraken

Kraken is one of the most trustworthy fiat-to-cryptocurrency exchanges. Active merchants, organizations, and institutions use this secure cryptocurrency exchange. In addition to diversifying their portfolios, Kraken users can invest in margin trading, stake, and futures.  

As one of the earliest and most secure crypto exchanges, the exchange enjoys widespread trust. The exchange provides additional crypto investment options, including staking for rewards, margin and futures trading, and savings.

As a centralized exchange, it operates a centralized order book that allows users to submit maker orders, accept market orders, and limit order prices.

Some of the attributes: 

• Conversion of USD, CAD, EUR, and GBP to cryptocurrencies.
• Provision of a portfolio charting to assist with market trend analysis.
• Trading accounts are secured with two-factor authentication, a master key, and global settings lock.
• There are applications for Android, iOS, and the web.
• Charting in addition to price monitoring.

ZenGo

ZenGo is a mobile program for non-custodial crypto transactions with innovative security measures. The application enables you to monitor your portfolios, gain access to your cryptocurrency holdings, and earn daily interest rewards.

Zengo permits the purchase of cryptocurrency with Apple Pay or a credit card. Additionally, you can earn interest on cryptocurrency holdings by lending to a decentralized liquidity pool and pledging assets.

This cryptographic application enhances coin security with keyless software and facial recognition capabilities. To prevent wallet hacking, it divides the user’s private key into two sections and distributes its storage.

Some attributes: 

• You can monitor the market capitalization and real-time prices of supported cryptocurrencies.
• Provision of Keyless Encryption with two distinct decryption keys.
• Chill Storage service that guarantees users access to their assets if the company ceases operations.
• It scans the user’s visage using Zoom’s Biometric Protection software.
• The application displays your past transactions and aids in monitoring the flow of funds.
• Instantaneous cryptocurrency exchange.

Coinbase

Coinbase is a decentralized exchange transaction mechanism. It excels in investment, sending, receiving, and trading. Its algorithms implement and optimize transactions based on the trader’s objectives.

The platform provides a custodial option for storing currencies on the Coinbase.com exchange and a Coinbase Wallet. It advances in cold storage to keep the client’s funds inactive, thereby preventing users from controlling their private crypto keys.

You can fund your Coinbase account via wire transfer, debit or credit card, ACH transfer, or PayPal. Aside from this, you can trade key crypto pairs, equities, and futures while taking advantage of the volatile markets’ high liquidity. 

Some attributes of Coinbase:

• For its clients and administrators, Coinbase provides customized reporting and audited statements.
• To improve the safety of their assets, clients can restrict withdrawal requests for 48 hours.
• A dashboard that summarizes and separates the market by pricing, losers, and winners.
• Coinbase offers incentives to clients who increase their knowledge of platform operations.
• Access to news alerts that provide the top recommendations from Coindesk, Coin Telegraph, and other media sources.

Crypto.com

Crypto.com is one of the rapidly expanding crypto and altcoin exchanges worldwide. A Crypto.org Chain presents an ecosystem of yield-generating products.

Its blockchain and Cronos (CRO) utility token assists crypto traders in increasing savings account yield and decreasing trading commissions.

Crypto.com facilitates active spot market trading. The exchange also allows you to convert cryptocurrency to cash using a Visa or MasterCard. You must obtain the app, sign up for an account, and complete a Know Your Customer (KYC) procedure to begin using Crypto.com. 

Some attributes:

• Crypto.com allows you to deposit digital assets into a savings account and pays an annual interest rate of over 10%.
• Offers consumers immediate loans with no deadlines.
• It supports in-app derivatives for advanced order trading and permits token swapping and farming.
• The application operates a maker or taker fee trading platform with ideal commission rates.

Gemini

Beginners, institutional investors, and seasoned merchants use Gemini to purchase, sell, and store cryptocurrencies. Federal Deposit Insurance Corporation (FDIC) has approved it for USD transactions. 

Gemini offers significant cryptocurrencies like Bitcoin and Ethereum in addition to minor altcoins like 0x and Orchid.

For major crypto organizations and institutions, the exchange functions as a depository. It promotes active trading by encouraging auctions, various order types, and block trading. 

Gemini owns a marketplace for non-fungible tokens (NFTs) where customers can store, sell, and purchase NFTs on the blockchain. You can store tokens on insured hot wallets, earn up to 7% interest, and save cryptocurrency. 

Some attributes:

• It offers collectibles and digital art for trading on its marketplace. 
• Using the dynamic price alert feature, you can modify push notifications.
• Underwriters have guaranteed and insured the app’s heated purses.
• The platform provides video webinars and a crypto glossary to facilitate user education.
• Users can view account histories and obtain a complete list of transactions.

BitStamp

Bitstamp, which is one of the oldest crypto trading platforms, provides a web-based platform as well as iOS and Android mobile trading applications for trading cryptocurrencies on the go.

The application allows users to trade, transfer, receive, invest, and retain over 50 cryptocurrencies, including Bitcoin and Ethereum. They are beneficial for both novice and experienced crypto traders.

Using the app, you can purchase cryptocurrency using credit and debit cards, bank, wire, SEPA, and other payment methods. Additionally, you can withdraw cryptocurrencies to bank accounts. You can transmit crypto using the app by merely scanning a QR code.

The app is simple to use and has already been validated by millions of merchants worldwide.

Some attributes: 

• Track trading history and portfolio value with charts to improve trading. 
• The sophisticated exchange platform allows for multiple order categories.
• Web and mobile wallets provide multi-factor authentication. Also protected offline and in transit is cryptography.
• Unlike other cryptocurrency trading applications, there is no leveraged trading.

Conclusion

Trading digital currencies is an alternative method to generate passive income from home. Most people trade cryptocurrencies on their mobile applications because it enables them to change while on the go. When selecting the ideal cryptocurrency trading app, consider the fees, spreads, supported deposit methods, and liquidity.