To simplify the complexities of the cryptocurrency world, there are apps that can enhance your experience by letting you use their buy-sell, portfolio tracker and management, trading, and storage, all at once. These crypto apps include exchanges, wallets, and lending platforms.
Here’s a list of the 11 best crypto apps and how you should choose between them to best meet your needs.
Choosing The Best Crypto App
Many crypto apps serve different purposes, but choosing the best one that serves your needs can get complicated. There are also certain parameters that you must check for beforehand.
- Security: It is best to use crypto apps that have two-factor authentication, cold storage, a clean track record, and a transparent security policy.
- Supported Coins: You wouldn’t want to have a crypto app that does not support the coin that you want to buy, sell, or trade, so you must look at the supported coins that the crypto app is compatible with.
- Customer Support: Imagine using your new crypto app and getting stuck at some point! Horrifying right? It is advised to use a crypto app that has good customer support through phone, email, chatbot, or a community forum.
List Of The 11 Best Crypto Apps
As mentioned earlier, crypto apps include exchanges, wallets, and lending platforms. Here are the best crypto apps of 2021:
BlockFi is titled the best all-in-one crypto app. Apart from just investing and trading in crypto, if you want to earn a little bonus on your crypto, BlockFi, a popular crypto lending platform, can help you do so. The BlockFi Interest Account (BIA) lets you earn 3% to 7.5% on your crypto holdings. You can use your existing portfolio, instead of wasting your time in creating a new portfolio and earn about 4% on your holdings.
What else? There’s no lockup period with BlockFi, meaning, you can withdraw your funds at any given time.
With the support of over 10,000 cryptocurrencies and the integration of 500+ exchanges, FTX is one of the best crypto portfolio tracking apps around. It allows syncing data with exchanges to automate the tracking process. There is also a section in the app that displays live crypto prices and other market-related information and changes. And the best part is that all of this can be accessed for free.
One of the largest cryptocurrency exchanges in the world, Coinbase has to be on the list of the best app to buy crypto in 2021. Coinbase is an excellent platform for both new and advanced users, as it has a user-friendly interface where you can trade right from your dashboard and also earn rewards for certain coins.
Another great thing about Coinbase is that it supports a wide range of cryptocurrencies, including Bitcoin, Ripple, Bitcoin Cash, Litecoin, and many more.
With its own native token, Crypto.com token, and loaded with multiple features, Crypto.com is a great fit for anyone looking for an all-inclusive crypto exchange. The platform not only lets you buy and sell crypto but also lets you trade. You can also deposit your cash in their interest-earning account and apply for a crypto loan!
To sum, Crypto.com is not just an exchange but doubles as an interest-earning account as well.
Delta is a great fit for beginners and professional users. The biggest selling point of the Delta app is that it gives you options to trade 7,000+ coins. The Delta crypto app also synchronizes your data so that you get multi-device access. The platform’s dashboard also displays your trade portfolio, asset, and investment status.
eToro is a great choice for short-term traders. The platform helps you make the right trading decisions by providing you with strategic data. eToro does not charge any commission fees from users which makes it a more attractive option among its competitors.
Exodus is titled the best crypto app for crypto newbies. It is a crypto wallet with over 125 supported coins and excellent security and a user-friendly interface. Apart from being a crypto wallet, it can also be used to buy and sell your virtual currency. Although the only downside of the Exodus wallet is that their trading fees are a little bit on the higher side.
When talking about the crypto apps with the best security features, Gemini, undoubtedly tops the list. Apart from being a crypto exchange, it doubles as a trading platform. Gemini has an excellent track record and has no record of ever being hacked. Another thing that makes Gemini a reliable choice is that it is one of the few crypto exchanges that is completely regulated by the United States.
MoneyLion is one of the best crypto lenders that offers simple and streamlined services at a very reasonable interest rate. The platform is also known for the rewards and cashback that it offers.
Another beginner-friendly crypto exchange is Voyager. The platform supports 60+ crypto coins and requires only $10 to start with. It gets a special mention because of the authority it gives you over your trades. The unique feature of Voyager is that it makes use of the Smart Order Router and lets you invest without having to pay for commissions. In simpler terms, Voyager is analogous to a crypto-robot that lets you invest where it is most profitable.
The last one on the list of the 11 best crypto apps is the WeBull trading app. From crypto investment to stocks, WeBull is the all-in-one investment solution for all of your investment needs. It also comes with an all-inclusive mobile app.
The Bottom Line
All the crypto apps mentioned above serve different purposes. Some are exchanges, some are wallets, some are lending platforms, and some are all-in-one apps. Among the list of the best crypto apps, it is important to choose the one that suits your needs best.