Since the smartphone era, pretty much everything has been transferred over to your phone. Playing games, watching movies or your favorite sitcom, and nowadays even trading cryptocurrencies. There are tons of crypto trading apps that are available on iPhone and Android devices. Most of them are free to download from the Apple or Google Play Store, which is awesome. Today we are going to show you the best crypto apps that you can use on your mobile device. Each of them will be reviewed, in order to help you find the right app that suits your style. We will also analyze all the features so you can also compare them, and choose the one to your liking.
There are a couple of must-have features each app should have in terms of, usability, user interface, and of course most important, security. Each of these aspects is going to determine whether the app is good or not. That is why you should just sit down, relax, and read this article to the end.
The top apps available on iPhone and Android devices
It is not easy to find the right app that will match your criteria, since currently there are over 100 crypto apps that are available on iPhone and Android devices. You have to do good research and find the best app that has an interesting design, low fees, and top-notch security. Luckily for you, we did that research already, so you do not have to bother with it.
The following list contains information about the best apps currently available on the market, which will make your decision-making much easier:
- eToro – overall the best app currently available on iPhone and Android devices
- AQRU – create a savings account and earn interest
- Crypto.com – one of the best apps where you can use your debit card
- Kraken – the oldest platform in the business
- Binance – an app with the lowest commissions
- Coinbase – great app for beginners
- My Freedom Coin – the app that will loan you money to make more money
This list contains the best apps that you will find on the market for crypto trading. Each of them has its unique design, and some more or less features, that will catch your attention. The review of each app follows.
eToro – overall the best app currently available on iPhone and Android
eToro is for sure the best app that is available on iPhone and Android devices. It has a variety of features that we will present to you and you just need to deposit $10 to start your crypto trading journey. Also, there are over 500 cryptocurrencies to choose from, which is truly outstanding.
In terms of security, you will be more than happy to hear that it is regulated by FCA (Financial Conduct Authority) and SEC (Security and Exchange Commission).
When it comes to fees you will pay just 0.5% which is really low considering other apps/platforms. The most interesting feature regarding eToro is that you can copy another trader. You can see his portfolio and investments and just follow him. This feature will automatically copy his trades, which means whenever he is trading, you will automatically too. It also shows statistics regarding the profit of a certain trader you copy, and that is really outstanding.
The eToro Crypto Portfolio lets you minimize your risks by investing in several cryptocurrencies. The app is also very intuitive and easy to use, which adds another plus to the list. We definitely recommend this app as it is really great.
AQRU – create a savings account and earn interest
This app is a very specific one with a unique feature that has also started to gain popularity. This feature is bringing you a passive income and you just have to buy a certain coin and hold it.
The app offers currently only 5 cryptos that you can purchase and stake. The coins are BTC, ETH, USDT, USDC Maple, and USDC. You can earn up to 7% APY depending on the coin you choose to stake. As soon as you buy it, it calculates automatically and pays you daily. You do not have a lock-in period for the cryptos, which means you can quit it anytime. Just for USDC Maple, you have a 90-day lock-in period.
Another good thing is if you invite a friend to sign in via your link, you will receive 75 USDT as a bonus. Also, you will not have any fees when purchasing crypto, which is also very good to know.
Crypto.com – one of the best apps where you can use your debit card
This app has 50 million users and can trade over 250 cryptocurrencies. It has a great user-friendly interface and the fees are also very low, just 0.4% no matter if you buy or sell. The fee can even be lowered in case you are using their native cryptocurrency, which is CRO.
It also offers its users to stake cryptos where they can earn passive income. The APY can get up to 34.6% in case you hold the CRO. For other cryptos, the APY goes up to 14.5%, and for some stablecoins up to 10% APY, which is still more than you will get holding your money in a bank. Another thing we forgot to mention at the beginning is that if you are a new user, you won’t pay any fees when purchasing cryptos for the first 30 days.
Kraken – the oldest platform in the business
Kraken was founded back in 2011 and is considered among the first platforms/apps for crypto trading. It really offers low fees which we will discuss and it is available in more than 190 countries. They offer 365 days, 24/7 customers support, that will answer your question literary within minutes. You can also find a lot of educational guides within the app that will help you understand the whole market, and also help you with your investment strategies.
The fees are ridiculously small and are 0.16% for the maker fee or 0.26% taker fee for the range of $0 between $50.000. Above $50.000 the fees are even lesser, and a detailed overview of those fees you can find on their webpage.
As previously reviewed apps, they also offer rewards for staking certain coins, which can go up to 23% APY. They also put much effort into their security, where you have several options to choose from, such as the Authenticator App or 2FA.
Binance – an app with the lowest commissions
The Binance app offers more than 600 cryptocurrencies and has the lowest fees for trading. They will only charge you 0.1% per trade. Just imagine making a profit of around $10.000, where you will only pay $10 in fees. This is really truly awesome. You will have fees when purchasing cryptos via Mastercard or Visa around 4.5%.
You can also stake your money in certain coins and earn interest, which is also a good option if you have money to spare. That way you will increase your capital which you can reinvest.
Coinbase – great app for beginners
This one is for sure the best app available on iPhone and Android devices for beginners. You can set up your account even if you are a newbie within minutes. It has over 70 million users and over 500 cryptocurrencies that you can start with.
Security should always be your priority, especially if you are new to this. That is why the private key is stored on your device and not the servers. This is more than useful in the case of a cyberattack. You can also hold coins, and earn interest on them. The APY varies from 0.15% up to 5%.
My Freedom Coin – the app that will lend you money to make more money
This app brings more features to the table than any other. It will serve you as a wallet, exchange platform, and bank. Where you can take loans and earn money through a community program.
It is also available on iPhone and Android devices and it is free of course. It has a clean and very easy-to-use interface. You can take out loans without the need of selling your assets. Also, the loan feature is really recommended for people who have experience in these types of things.
Conclusion
The crypto market is always risky and you really need to do good research in case you want to invest in it. The apps we reviewed are available on iPhone and Android devices and offer many features. Each of these apps is unique in its own way, but all of them are reliable to use. You just need to make a decision about which app suits you the most, in terms of usage, security, and fees. Take all these aspects into consideration before you choose the right app, and also do your own research. Not just regarding the apps, but also regarding the crypto market as well.
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