12 Best Crypto Apps for Beginners in 2024

With Bitcoin up 53% since the start of the year, many trading veterans believe 2024 marks the start of a new crypto bull run. As such, interested investors will need to know the best crypto apps to onboard the market while it’s hot.

This review will introduce you to the best crypto apps for beginners to start investing and trading in 2024. We will analyze the best crypto app for beginners across all relevant metrics, including trading options, fees, and unique features.

The Top 12 Best Crypto Trading Apps Ranked

  1. eToroMulti-asset CFD broker with low fees and copy trading features.
  2. KrakenTrusted and safe exchange with lightning network integration.
  3. CoinbaseAmerica’s largest regulated exchange and publicly traded crypto company.
  4. Gate.ioLeading altcoin exchange with over 1,700 cryptocurrencies to trade.
  5. ByBit – Popular crypto exchange with over $25 billion in daily derivatives trading volume.
  6. OKXLeading crypto exchange with low fees and professional trading tools.
  7. BinanceThe world’s largest crypto exchange by trading volume.
  8. KucoinPopular crypto exchange with over 30 million users and 700 cryptocurrencies.
  9. PrimeXBT – Offers 100x leverage and 0.01% maker fees for futures trading.
  10. Best Wallet – Decentralized self-custody wallet allowing users to trade thousands of tokens.
  11. Pionex – Platform with a low 0.05% trading fee and high security.
  12. Crypto.comA highly popular crypto trading and staking app.

Reviewing the Best Crypto Apps

Let’s dig into what each of the best crypto apps has to offer and what sets them apart from their competition. In general, the best crypto app for beginners will be legally compliant, uncostly, and feature an interface that anyone can easily navigate.

1. eToro – Overall Best Crypto App for Beginners

  • etoro-best crypto appsNumber of Cryptocurrencies: 80
  • Fee Structure: Crypto = 1%, Stock/ETFs = 0% + Spread
  • Bitcoin Trading Fee: 1%
  • Top 3 Features: Commission-free stock, Smart Portfolios, and ETF trading

eToro comes at the number one place as the best app for crypto trading owing to its compliant platform, user-friendly interface, and extensive range of trading options.

With over 3,000 investment choices, including commission-free stocks, currencies, ETFs, commodities, and crypto assets, eToro caters to a diverse range of investors. Its crypto offerings span the most popular crypto options like Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE), as well as niche assets such as 1INCH, IOTA (MIOTA), and The Sandbox (SAND), totaling 80 options overall.

eToro applies a 1% fee on crypto purchases, meaning that a $1,000 Bitcoin purchase incurs $10 in fees for both opening and closing a trade. This fee is factored into the listed price of the crypto asset, effectively displaying prices 1% higher than their actual value. For comprehensive guidance on purchasing Bitcoin in 2024, consult our beginner’s guide.

The platform’s standout feature is the Smart Portfolios feature, where users can build their ideal crypto portfolio and diversify with various assets. They can also earn generous crypto staking rewards* or effortlessly transfer crypto to the eToro Money crypto wallet whenever they choose.

Pros pros

  • 3,000+ investable assets
  • Flat 1% fee for crypto purchases
  • Outstanding mobile interface
  • Social feed and investor sentiment

Cons cons

  • Limited technical analysis tools for day trading crypto

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

2. Kraken – Established Exchange With Top Reputation For Safety & Security

  • kraken-best crypto appsNumber of Cryptocurrencies: 200+
  • Fee Structure: Maker/taker fee + spread
  • Bitcoin Trading Fee: 0.16% (maker)/0.26% (taker)
  • Top 3 Features: Layer 2 withdrawals, leverage trading, NFT marketplace

Launched in Europe in 2013, Kraken is the world’s best app for crypto trading as well as exchaning, now having expanded services to Canada and the United States. The exchange is a great choice for North Americans looking for a compliant platform with access to leverage trading products.

Kraken offers up to 5x leverage on spot transactions, allowing you to buy $5000 worth of BTC with just $1000 of USD collateral. With a range of over 200 cryptocurrencies available, including popular names like Bitcoin and Ethereum, as well as top DeFi coins, Kraken provides diverse trading options on its platform.

Notably, the exchange is compatible with popular layer-2 scaling solutions for each blockchain, namely the lightning network and Polygon respectively. Each allows users to conduct instant and virtually free withdrawals from the platform, skipping out on the often burdensome network fees of ordinary transfers.

Kraken provides 24/7 customer support and extensive educational resources to assist newcomers in navigating the crypto space. With robust security measures, including proof of reserves and ISO/IEC 27001:2013 and SOC 2, Type 1 certifications, they prioritize the safety of investors’ crypto assets and NFTs, ensuring stability and protection for their investments.

Pros pros

  • Instant and nearly free withdrawals
  • 24/7 customer support
  • Offers proof of its reserves
  • Great educational resources

Cons cons

  • Limited selection of cryptocurrencies available

3. Coinbase – America’s Leading Crypto Trading App

  • coinbase-best crypto appsNumber of Cryptocurrencies: 260+
  • Fee Structure: Transaction Fee + Spread
  • Bitcoin Trading Fee: 0.4% (maker)/0.6% (taker), decreased with trading volume over $10,000
  • Top 3 Features: Staking, NFT Trading, Coinbase Earn

Coinbase, North America’s sole publicly listed crypto exchange, leads in regulatory compliance and offers user-friendly features and educational resources.

The platform includes over 260 cryptocurrencies, from large caps like Bitcoin, Ethereum,and Dogecoin to top small cap coins like GMT. However, certain trading restrictions are placed on some tokens depending on where users are located.

Coinbase’s fees are volume-dependent, and they get progressively lower as a user’s volume rises. Maker and taker fees for the platform’s lowest volume tier ($0-$10,000) are 0.4% and 0.6%, respectively. NFT trading fees, however, are absolutely free.

Like Binance, Coinbase’s app has two tiers: one for beginners and one for advanced traders. Both can buy and sell crypto, observe the market, and view their portfolio, while its “Advance Trade” app lets users stake and borrow crypto. Both app tiers can access the latest Coinbase listings. Coinbase has also launched a learn-to-earn system where users can watch tutorials, get through a quiz, and earn rewards.

Pros pros

  • Publicly listed on US stock exchanges
  • Separate apps for buying and trading crypto
  • Free NFT trading
  • Earn crypto for taking educational courses

Cons cons

  • Higher than average spot trading fees

Cryptoassets are a highly volatile unregulated investment product.

4. Gate.io – Leading Altcoin App With Over 1,700 Cryptocurrencies

  • gateio-best crypto appsNumber of Cryptocurrencies: 1,700+
  • Fee Structure: Starts from 0.1% maker/taker fee on the spot market
  • Bitcoin Trading Fee: Starts at 0.1%
  • Top 3 Features: Many cryptocurrencies to trade, rewarding activities and competitions, bot trading

Gate.io is one of the best crypto apps for altcoin trading, where investors can buy and sell over 1,700 various cryptocurrencies that you can’t find at most crypto exchanges. and you do it with low fees that start from 0.1% maker/taker on the spot market.

They recently launched the Pre-Market Trading program where investors get the opportunity to trade new tokens before their official listing, enabling transactions at expected prices and quantities.

Aside from offering similar features like many other crypto exchanges, such as derivatives trading, staking, copy trading and bot trading, Gate.io offers frequent competitions and activities where you can earn valuable rewards up to $6,666.

The platform also has a crypto loan section where users can utilize idle assets as collateral to borrow for diverse trading and investment opportunities.

Pros pros

  • Over 1,700 cryptos to trade
  • Copy trading and bot trading
  • Frequent competitions and activities
  • Can buy crypto with a card

Cons cons

  • Not available in every country

Cryptoassets are a highly volatile unregulated investment product.

5. ByBit – Popular Derivates Trading Platform

  • bybit-best crypto appsNumber of Cryptocurrencies: 600+
  • Fee Structure: From 0.1% maker/taker spot trading fees, from 0.055 taker and 0.02% maker futures and perpetual fees
  • Bitcoin Trading Fee: From 0.1%
  • Top 3 Features: High leverage, copy trading, fiat-to-crypto onboarding

ByBit is one the best crypto app for beginners, especially popular for its derivatives trading where it consistently does over $18 billion in trading volume each day. And that’s not surprising give there are over 370 derivatives contracts, including perpetual futures that you can trade with high leverage, such as 125x for BTC.

ByBit offers a range of features beyond trading. Users can quickly buy crypto with a card or Google Pay and stake it for an annual percentage yield. Beginners can also learn through the copy trading feature, where experts execute trades on their behalf, providing an opportunity to learn from seasoned professionals and enhance trading skills.

Another useful feature of ByBit is crypto loans. If you need instant liquidity, you can borrow funds against your holdings and then pay it back by paying interest only for the time you had the loan. The loan-to-value ratio with USDT is 80%, meaning you can borrow $80 with a $100 collateral.

The platform also has the Bybit Trading Bot, which simplifies automated crypto trading with pre-configured and code-free trading robots and offers users efficient trading strategies to enhance investment returns without extra fees.

Pros pros

  • Excellent derivatives trading platform with high leverage
  • Flat deposits accepted
  • Can stake select coins and earn APY
  • Web3 wallet and NFT support

Cons cons

  • May feel overwhelming to beginners
  • Not available in all countries

Cryptoassets are a highly volatile unregulated investment product.

6. OKX – The Low Fee CEX/DEX Hybrid

  • okx-best crypto appsNumber of Cryptocurrencies: 350+
  • Fee Structure: 0.080%/0.100% (Spot trading)
  • Bitcoin Trading Fee: BTC withdrawal fee 0.0002 BTC ($6.06)
  • Top 3 Features: Decentralized exchange, staking, crypto collateralized loans

OKX is one of the world’s largest and most trusted cryptocurrency exchanges as well as the best app to buy crypto, offering a stellar combination of low fees, trading options, and trading pairs.

OKX offers both centralized and decentralized exchanges, with the decentralized option being KYC-free, ensuring privacy for users. With over 350 cryptocurrencies available, including Bitcoin and Ethereum, as well as emerging tokens like fan tokens for sports clubs, OKX provides ample trading opportunities. Investors can access features like staking with proof of stake cryptos, trading with customizable bots, and borrowing using cryptocurrency as collateral. Various trading accounts, including funding, spot, futures, and mining accounts, cater to different investment strategies.

From the OKX app, users can access spot and futures trading, view their balances, and receive price alerts for their favorite selected cryptocurrencies. The app’s simple interface makes trading straightforward, which has helped push it above 1 million downloads.

OKX’s trading fees may vary depending on how much OKB its users hold, which gives them access to cheaper on the platform. On spot trades, these fees start at a high of 0.08% for market makers and 0.1% for market takers, making OKX one of the most competitive exchanges on trading fees.

Pros pros

  • No KYC information required
  • Trade 350+ crypto tokens
  • Supports staking rewards
  • Crypto futures trading available
  • Customizable trading bots

Cons cons

  • Not available to US customers

Cryptoassets are a highly volatile unregulated investment product.

7. Binance – The King of Crypto Exchanges and Trading Apps

  • binance-best crypto appsNumber of Cryptocurrencies: 400+
  • Fee Structure: Starting fee 0.1%
  • Bitcoin Trading Fee: BTC withdrawal fee – 0.0000054 BTC($0.16)
  • Top 3 Features: Swap Farming, Copy Trading, NFT Marketplace

Binance is among the best crypto apps worldwide, letting users invest in over 400 cryptocurrencies, including its utility token BNB, which allows users to access lower fees on the platform.

While the exchange normally applies a maker/taker fee to spot transactions starting at 0.1% each, users may earn a 25% discount on fees by owning a certain number of BNB tokens. On Bitcoin/USDT transactions, trades are absolutely free, making it the best cryptocurrency app for Bitcoin-specific trading.

Binance’s feature set is immense: besides spot and futures trading, users have access to leverage/margin trading, staking, and Swap Farming, which lets users swap cryptocurrencies without needing a trading partner. It also offers copy trading for newer traders and an NFT marketplace.

Binance’s mobile app is highly intuitive and offers all the features offered by its desktop app. It includes a more user-friendly lite mode for beginners and an advanced app for seasoned traders that lets them access professional charts and trading tools.

Pros pros

  • 400+ crypto tokens available
  • Very low spot trading fees
  • Supports margin and futures trading
  • Copy trading
  • Built-in NFT marketplace

Cons cons

  • Can be overwhelming for crypto users that are new

Cryptoassets are a highly volatile unregulated investment product.

8. Kucoin – Popular Exchange With Over 30 Million Users

  • kucoin-best crypto appsNumber of Cryptocurrencies: 900+
  • Fee Structure: From 0.1% maker/taker spot trading fee
  • Bitcoin Trading Fee: From 0.1%
  • Top 3 Features: Low fees, yield farming, web3 wallet

Kucoin is a popular crypto exchange with over 30 million users from 200 countries.

It offers low fees for buying and trading over 900 cryptocurrencies, starting from 0.1% maker/taker fees on the spot market. Similar to many other exchanges, you can lower the fees if you hold KCS tokens or have a large monthly trading volume.

In addition, there’s margin trading and derivatives trading with leverage, as well as trading bots that you can utilize to trade on your behalf. If you don’t want to trade but still want to increase the number of tokens you hold, use any of Kucoin’s Earn features, such as staking and yield farming. Their app includes the main features and has a user-friendly interface perfect for beginners.

Kucoin offers its own non-custodial wallet that supports NFTs and cryptocurrencies from multiple blockchains, allowing for seamless multi-chain swaps. If you’re looking to hold a piece of popular NFTs but can’t afford them, you can buy fractional NFTs.

Pros pros

  • Over 700 cryptocurrencies
  • Spot and derivatives trading with low fees
  • Non-custodial wallet
  • Earning and yield farming products

Cons cons

  • Limited features for some countries

Cryptoassets are a highly volatile unregulated investment product.

9. PrimeXBT – Offers 100x Leverage And 0.01% Maker Fees For Futures Trading

  • primexbt-best crypto appsNumber of Cryptocurrencies: Limited but covers major and diverse crypto assets
  • Fee Structure: 0.01% (Maker), 0.02% (Taker) for Futures; 0.05% for Other Trading
  • Bitcoin Trading Fee: 0.05%
  • Top 3 Features: 100x Bitcoin Leverage, Covesting Copy Trading, Competitive Fee Structure

PrimeXBT is the best crypto app for beginners, which has scaled to serve users globally across 152 countries, gathering more than a million clients who transact over 170,000 trades daily.

It’s a highly versatile platform that offers several trading instruments. Besides having forex and stock indices or popular commodities to trade with, users can trade top cryptos like Bitcoin and Ethereum. It also offers more than 40 of the most popular altcoins to traders, becoming a go-to crypto app for crypto enthusiasts.

PrimeXBT has a transparent and competitive structure, with makers paying 0.01% and takers giving 0.02% for crypto futures. It has also a uniform rate of 0.05% for other trading activities. The exchange has no deposit fees, but withdrawal fees will depend on the particular crypto and its network.

The platform also provides copy trading via its Covesting service, allowing users to replicate experienced traders’ strategies at no extra cost. With trading terms offering 100x leverage for Bitcoin and up to 1:200 for other assets, traders can amplify their positions for potentially higher returns, albeit with increased risk. PrimeXBT prioritizes security, employing measures such as two-factor authentication (2FA), whitelisting of Bitcoin addresses, multi-signature cold storage, and hardware security modules to safeguard user assets.

Pros pros

  • 100x leverage for Bitcoin trading.
  • Covesting copy trading feature.
  • Competitive fee structure (0.01% maker, 0.02% taker for futures).
  • Supports over 40 popular cryptos.
  • Strong security measures including 2FA and cold storage.

Cons cons

  • Limited number of cryptos compared to other exchanges.

Cryptoassets are a highly volatile unregulated investment product.

10. Best Wallet Leading Crypto Wallet App With High Security

  • best-wallet-best crypto appsNumber of Cryptocurrencies: Thousands via built-in DEX
  • Fee Structure: 5% (third-party)
  • Bitcoin Trading Fee: 5% (third-party)
  • Top 3 Features: Highly secure, self-custodial, and decentralized; built-in DEX

Best Wallet is next on our list of best crypto apps as it is a highly secure, self-custody decentralized wallet that allows users to safely trade and manage their crypto holdings.

With centralized exchanges facing huge regulatory pressure, many crypto natives have switched to decentralized apps to manage their bags. There is no KYC verification needed to create an account, with beginners only requiring a valid email to get started and the sign-up process taking less than five minutes.

Best Wallet is available for free on iOS or Android and has numerous features that rival wallets, such as MetaMask and Ledger, do not offer. That includes a multi-chain functionality and a built-in decentralized exchange where users can trade tens of thousands of different tokens directly in the app. Users can also anonymously purchase Bitcoin, Ethereum, and USDT – directly on the app via trusted broker Wert, lower than that on other P2P crypto exchanges.

Best Wallet offers educational articles and the latest news from the crypto space, catering especially to beginners, while also providing storage and management for NFTs. The app employs security through encryption, a four-digit passcode, two-factor authentication, and biometric ID for enhanced protection.

Pros pros

  • Self-custodial and decentralized
  • Anonymous with no KYC
  • Multi-chain functionality
  • Built-in DEX
  • Security focus with cutting-edge tech
  • NFT functionality
  • Native token $BEST offers reduced fees
  • Upcoming $BEST token airdrop

Cons cons

  • No browser extension at the time of writing
  • Third-party fees for purchasing crypto with card

11. Pionex – Platform With a Low 0.05% Trading Fee And High Security

  • pionex-best crypto appsNumber of Cryptocurrencies: 370+
  • Fee Structure: 0.05% (Spot & Futures)
  • Bitcoin Trading Fee: 0.05%
  • Top 3 Features: Built-in Trading Bots, Low Trading Fees, Multi-Staking Options

Pionex is the best app for crypto trading with relatively low fees, top-ranking security, and excellent customer service. The platform’s mobile app is available for Android and iOS. It is user-friendly and offers a seamless trading experience for beginner and advanced traders.

Pionex only charges 0.05% in both spot and futures trading, which is relatively competitive. The exchange further offers discounts to VIP users according to their 30-day trading volume. Pionex has a very favorable fee compared to major exchanges such as Binance and Coinbase.

Pionex provides a range of features for traders, including trading bots suitable for both beginners and experienced traders, with 16 built-in bots that automate trading strategies based on market volatility. The platform also supports leveraged tokens, crypto loans, and over 370 coins with more than 465 trading pairs.

Additionally, Pionex offers multi-staking options for ETH and USDT, allowing users to earn passive interest on idle holdings, along with structured products, robots for earning, dual investments, and an “easy earn” option for additional passive income.

Pros pros

  • User-friendly mobile app for iOS and Android
  • Low trading fees (0.05% for spot and futures).
  • Built-in trading bots for automation.
  • Supports over 370 cryptos.
  • Multi-staking options for passive income.

Cons cons

  • Limited advanced trading features.
  • Not available in all countries.

Cryptoassets are a highly volatile unregulated investment product.

12. Crypto.com – The Beginner’s Crypto App

  • cryptocom-best crypto appsNumber of Cryptocurrencies: 250+
  • Fee Structure: Maker/taker fee starts from 0.075%
  • Bitcoin Trading Fee: 0.075% (maker) / 0.075% (taker)
  • Top 3 Features: Staking, Swapping, NFT marketplace

Alongside Coinbase, Crypto.com rose to the top ranks of the best crypto apps for beginners during the 2021 crypto bull market.

Over 50 million users are largely attributable to the platform’s extensive advertising efforts, including a Superbowl ad, a Matt Damon cameo, and newly bought naming rights to the 950,000-square-foot Crypto.com arena in Los Angeles—formerly the Staples Centre.

Crypto.com includes over 350 cryptocurrencies for investors to trade, including the most popular newcomer picks. It also features an NFT marketplace and offers some of the top gaming coins like The Sandbox (SAND) and Axie Infinity (AXIE). Standard fees for crypto spot and margin trades start at 0.075%, while NFT resales are charged a 1.99% fee.

The Crypto.com app is easy to use, prompting users to either create or import a crypto wallet upon download. After choosing an avatar to represent them, you can immediately start trading – or access other features like staking or swapping directly from the navigation bar.

Pros pros

  • 350+ crypto tokens available
  • Low crypto spot trading fees
  • Built-in NFT marketplace
  • Integrated crypto wallet

Cons cons

  • High credit and debit card purchase fees

Cryptoassets are a highly volatile unregulated investment product.

The Top Crypto Trading Apps Compared

App Number of Cryptos Fee Structure Bitcoin Trading Fee Top 3 Features
eToro 80 Crypto = 1%, Stock/ETFs = 0% + Spread 1% Commission free stock and ETF trading,
Kraken 200+ Maker/ Taker Model 0.16% (maker) / 0.26% (taker) Layer 2 withdrawals, leverage trading, NFT marketplace
Coinbase 260+ Maker/ Taker Model 0.4% (maker) / 0.6% (taker), decreased with trading volume over $10,000 Staking, NFT Trading, Coinbase Earn
Gate.io 1,700+ From 0.1% maker/taker fee From 0.1% Many cryptocurrencies to trade, rewarding activities and competitions, bot trading
Best Wallet Thousands 5% (third-party) 5% (third-party) Highly secure self-custodial and decentralized; $BEST token airdrop; built-in DEX
ByBit 600+ From 0.1% maker/taker 1% High leverage, copy trading, fiat-to-crypto onboarding
OKX 350+ Maker/ Taker Model 0.080% (maker) / 0.100% (taker) Decentralized exchange, staking, crypto collateralized loans
Binance 400+ Maker/ Taker Model 0% (maker) / 0% (taker) Swap Farming, Copy Trading, NFT Marketplace
Kucoin 900+ From 0.1% maker/taker From 0.1% Low fees, yield farming, web3 wallet
PrimeXBT 36 0.01% (Maker), 0.02% (Taker) for Futures; 0.05% for Other Trading 0.05% 100x Bitcoin Leverage, Covesting Copy Trading, Competitive Fee Structure
Pionex 370+ 0.05% (Spot & Futures) 0.05% 16 Built-in Trading Bots, Low Trading Fees, Multi-Staking Options
Crypto.com 250+ Maker/ Taker Model 0.075% (maker) / 0.075% (taker) Staking, Swapping, NFT marketplace

What is a Crypto App?

Crypto apps make it possible for investors to buy and sell cryptocurrencies on the go. They are also called crypto exchange apps.

Crypto apps facilitate trading on centralized or decentralized exchanges. In centralized exchanges, the platform acts as a market maker, facilitating trades between buyers and sellers. On the other hand, decentralized exchanges utilize algorithms to match buyers and sellers directly, requiring a buy order to be matched with a corresponding sell order for transactions to occur.

How to Pick The Best Crypto Apps For You

Here’s a list of the most important criteria to consider when selecting the best crypto trading app.

Look for Regulation

Crypto regulation is still in its early days. In the US, the strongest crypto regulators are the SEC and the NY Department of Financial Services. In the UK, it’s the Financial Conduct Authority. The European Union just approved an entirely new framework for crypto regulation.
.

When choosing the best crypto app for beginners, prioritize security and compliance. Given the evolving regulatory landscape, not all jurisdictions have established robust frameworks for crypto companies. Conduct thorough research on a company’s security track record and compliance measures. Check if the wallet has been hacked previously, if it maintains audited financials, if its digital assets are registered with regulators, and if it faces any legal issues.

Prioritize User Experience

The ideal crypto app ensures easy and convenient asset management while offering the required functionality in a user-friendly manner. Platforms like Coinbase and Binance offer multiple mobile apps tailored to different user experience levels. Beginners may opt for basic or lite versions with core features, simplifying the trading experience and reducing complexity.

Surf Through Their Tradable Cryptos

Crypto apps vary greatly in the number of cryptocurrencies they offer for trading. Platforms like Kraken provide access to over 250 assets, while Binance offers a broader selection of over 600. The top cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) are typically available on most platforms, along with popular alternatives such as Dogecoin (DOGE), Cardano (ADA), and Litecoin (LTC).

However, availability may vary based on factors like popularity and regulatory compliance. For instance, Coinbase suspended trading for XRP in response to regulatory concerns. While beginners may focus on trading well-established cryptocurrencies, experienced traders often seek platforms offering a wider range of assets, including high-risk, high-reward options.

Find the Lowest Fees

For active traders, exchange fees can significantly impact profits, varying widely across platforms. While some, like Binance, offer free Bitcoin trading, others, such as eToro and Gemini, charge maker/taker fees exceeding 1%.

However, platforms with higher fees often compensate with robust consumer protection and regulatory compliance. Beginners or infrequent traders may prioritize ease of use over fees, but high-volume traders should seek out platforms with low fees and attractive trading discounts.

Analyze Their Other Features

Today’s best crypto apps extend beyond basic asset trading, offering diverse features for a comprehensive user experience. Platforms like Coinbase, Crypto.com, and Kraken host NFT marketplaces for art trading, while others facilitate staking for yield or crypto-backed loans. Additionally, trading-focused platforms provide specialized tools and charts to enhance trading decisions.

Verify Their Payment Methods

Payment methods can differ across crypto apps, influenced by integrations, partnerships, and jurisdictional regulations. Binance supports credit/debit cards, bank transfers, and third-party/e-wallet options like Advcash, while Coinbase facilitates funding via cards, bank transfers, Apple Pay, and Google Pay. Meanwhile, eToro offers diverse options, including debit cards, Rapid Transfer, and its UK-specific eToro Money app.

Investigate Their Wallet Technology

The choice of wallet technology in a crypto trading app can greatly impact security and convenience. The best crypto apps use custodial wallets, where the exchange controls your private keys. To safeguard funds, opt for regulated apps that segregate client assets and store the majority of coins offline in cold storage to thwart hackers. However, platforms with more liquid hot wallet funds may handle withdrawals more efficiently during peak demand.

Customer licensing

Regulated crypto apps offer the highest consumer protection guarantees, as they operate under regulatory oversight and undergo regular examinations. For example, Coinbase holds money transmitter licenses in numerous US states, allowing it to hold cash balances for customers in those regions. Similarly, Gemini, regulated by the New York Department of Financial Services, adheres to anti-money laundering, consumer protection, and banking compliance standards.

Conclusion

Finding the best crypto apps is essential for a seamless and secure experience in the world of cryptocurrency trading and management. Whether you’re a beginner or an experienced trader, the right app can offer essential features like trading, staking, NFT trading, and more, all while prioritizing security, regulatory compliance, and user-friendly interfaces.

We recommend eToro as the best crypto app for beginners in 2024. With over 3,000 investment options, including commission-free stocks and a wide range of cryptos, eToro caters to various investment preferences. Its user-friendly mobile app offers features like portfolio viewing and the ability to copy successful traders, making it a convenient and comprehensive trading platform.

FAQs

What apps are best for buying crypto?

What is the best free crypto alert app?

Is Binance better than Coinbase?

Which is the best crypto app for beginners?

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Michael Graw
Technology Expert
Michael Graw
Technology Expert

Michael Graw is an experienced writer in the business and B2B tech fields. His articles can be found on Business Insider, Entrepreneur, Tom’s Guide, and TechRadar, and cover everything from corporate finance to crypto and international tech regulation. A prolific copywriter and entrepreneur, Michael has worked with a wide range of SaaS and tech companies and has his finger firmly on the pulse of B2B tech and finance.