How to Choose the Best Crypto Trading App for Your Smartphone

Before choosing the best crypto trading app for your smartphone, it is important to know what it is you’re looking for. Many crypto trading apps allow you to purchase and sell cryptocurrency on the go, with easy-to-use tools. Others are more advanced, catering to more experienced users with more advanced trading tools. Some offer both. Some even allow you to do other functions like staking, borrowing, and obtaining interest-bearing savings accounts. Others may even offer unique features, such as NFT support and staking.

The Uphold cryptocurrency exchange is a good choice for those looking to invest in a wide variety of cryptocurrencies. It allows you to trade 27 national currencies, 99 cryptocurrencies, utility tokens, and four precious metals. Uphold has more than six million customers and offers features like automated trading and recurring buy and sell orders. You can also check the latest price fluctuations of any currency, track your portfolio in real time, and import orders. You can also check the market trends of your crypto investments through the app’s incoming transaction alerts and global order books.

When choosing a crypto trading app, keep in mind that no one app supports all cryptocurrencies. Check the list of supported coins to determine which one will be the most suitable for your needs. Binance offers a comprehensive list of supported coins, including a number of new and obscure cryptocurrencies. Some users might prefer a more limited list of supported coins. You should also consider the cost of opening an account with a specific crypto exchange. There’s no guarantee that a particular investment product will appreciate in value in the future, so always keep this in mind.

eToro is another popular option. While it’s not the poster child of trading apps, its user interface is intuitive and user-friendly, making it a great choice for beginners. Users can add assets to their watchlist and see their Buy and Sell prices. Unlike other exchanges, eToro doesn’t charge maker/taker fees. This is one of the reasons why eToro is considered the best crypto exchange app.

Another popular option is Coinbase, which allows users to buy and sell major cryptocurrencies, including Bitcoin and Ethereum. Users can also purchase traditional cryptos like Bitcoin and Ethereum without any hassle, and retain 100% ownership. However, Coinbase’s reputation for security has made it one of the most secure exchanges available today. If you’re concerned about security, Coinbase’s trading app also allows you to withdraw funds to a private wallet. This fits with the crypto ethos and allows you to withdraw your profits anytime you want.

Gemini ActiveTrader is another great option. Not only does it offer a high number of cryptocurrencies, but it also offers advanced charting and trading features. Another cool feature of eToro’s crypto trading app is its Copy Trading feature, which allows you to browse other cryptocurrency traders’ portfolios and mirror them. This allows you to mimic the trades of more experienced traders. The more tools you have to use, the more enjoyable trading will be for you.


Posted by Michael Smith