Once shrouded in technical know-how and confusing whitepapers, cryptocurrency slowly makes its way into the mainstream. It’s easier than ever to buy, sell, and hold cryptocurrencies — you can even trade from your smartphone.
As more and more investors begin to pay attention to crypto, demand for fast and convenient mobile solutions is rising. Whether you’re an Android user or prefer an iPhone, there are plenty of easy ways to get started with cryptocurrency.
We’ll look at a couple of cryptocurrency apps and give you some more tips to see the next great app.
Best Cryptocurrency Apps for:
- Best Overall CoinStats
- Best to Global Users: eToro
- Best iPhone: Voyager
- Best of Privacy: Crypto Pro
- Best of all for Android: Blockfolio
- Best of Absolute Beginners: Coinbase
- Best Crypto News App: Scoop Crypto News
What’s the Crypt App?
The cryptocurrency app is a cellphone app that lets you manage your cryptocurrency portfolio. When you start investing in cryptocurrency for the first time, it might be useful to invest some phone space in an app. Apps usually have easier setup and login features than desktop platforms, making them a less intimidating introduction to cryptocurrency.
Here are a few different types of cryptocurrency apps.
Exchanges of goods
By far the most popular type of cryptocurrency app, exchanges allow you to buy and sell cryptocurrency apps. You may be able to connect your bank account or credit card to purchase your first set of crypto devices.
Some of the larger exchanges (like Binance) do not allow you to purchase cryptocurrencies directly, but instead, they focus on exchanges between currencies only. As a result, you may need more than one exchange, depending on which coins you want to buy or hold.
A crypto wallet is a kind of storage for your cryptocurrencies. You can’t buy or sell cryptos with a wallet app, unlike an exchange. Wallets focus on high-level security features to keep your coins safe. Most expert traders don’t recommend holding your coins in exchange if you don’t plan to shorten them, so you may need two separate apps for your exchange and wallet if you want to hold cryptos on a long-term basis.
Each wallet is designed to work with a specific type or subset of cryptocurrencies, so make sure you have chosen the right one for your portfolio. If you’re not sure which network your coins are working on, try sending a small amount of cryptocurrency to your new wallet. You should see it in your wallet for 10 to 15 minutes.
News of the
Cryptocurrency exchanges are open 24 hours a day , 7 days a week, including holidays, as opposed to the stock or forex market. This makes it particularly important to keep up with the news on a daily basis. A good cryptocurrency news app focuses on some of the most important cryptos (like Bitcoin and Ethereum) as well as smaller coins that make unusual moves.
A cryptocurrency tracker is a type of app that shows your cryptocurrency price information in real time. Any exchange will feature this information, but it may also be beneficial to have an individual tracker app.
For example, if you prefer to store your crypto in a hard wallet, but you still want to keep up with price movements throughout the day, choosing a simple tracker app is less complicated than signing up for an exchange.
What to Find in the Cryptocurrency App
No matter what type of cryptocurrency app you need, there are a few things you need to look for when you compare all your options.
Bitcoin and other cryptocurrency transactions are very difficult to track. Once you start a transaction between wallets, it’s virtually impossible to cancel or get your money back. Due to the decentralized nature of the blockchain, it’s almost impossible to tell who owns the wallet.
An unauthorized transaction from your exchange could have gone down the street or all the way to Australia — there’s no way to tell who’s responsible. This makes cryptocurrency the perfect market for criminals, hackers and scams. Before downloading any exchange or wallet app, check the company’s safety features. Look for two-factor authentication and back-end encryption to keep your coins as secure as possible.
Cryptocurrency markets are always on the move. It’s possible to go to sleep and see a single coin skyrocket of 25%—or lose half of its value. Keeping your finger on the cryptocurrency market pulse means up-to – date, minute-by – minute information because crypto data is running out of date much faster than inventory or fiat currency information.
Whether you’re looking for a comprehensive cryptocurrency trading platform or a simple tracker that lets you know how your favorite coins are doing, look for real-time data and information. This ensures that you do not use out-of-date information to inform your trading and investment decisions.
Accessibility in your area
Availability isn’t a big concern if you’re just interested in learning more about cryptocurrencies with a news app or tracker. However, if you want to actively buy and sell cryptocurrencies, make sure the app you ‘re interested in is available in your area.
The legality of Bitcoin and other cryptocurrencies is a hotly debated issue due to its decentralized nature and tax difficulties. A number of countries and states have prohibited unregulated and easily manipulated exchanges, while others have imposed restrictions on the type of crypto that can be purchased and sold. Double-check that it’s available where you live before you get too invested in a good-looking app.
Picks for the Best Coupon Apps
Ready to start using a cryptocurrency app? First, check out some of our top choices.
Best Overall CoinStats
CoinStats is a platform that helps you manage all your crypto holdings from one place to another. All you need to do is connect your exchanges, wallet accounts, or add a manual portfolio. You might ask why should I use CoinStats if there are so many alternatives on the crypto market? Here’s why you’re supposed to do that.
Would you like to trade your coins? Use CoinStats and trade your bank accounts, credit cards or apple pay account (in the case of iOS). Would you like to track coins and make manual transactions? Let’s track 8,000 cryptocurrency prices from more than 400 exchanges. Are you looking for a convenient tool to analyze your crypto holdings? Check CoinStats Analytics and take a look at Portfolio vs Market, Portfolio Comparison, Pie Charts and many other statistics that will guide you in making data-driven decisions. Would you like to show your holdings to your friends? You can do that, too. All you need to do is share a link between your portfolio and that person. One more struggle you might have faced is a constant spending of time on the tracking of coins. To solve this problem, feel free to choose from our wide range of notifications: pump, significant change, new pair notifications, etc.
What else can you do about CoinStats? Feel free to check the news section of CoinStats. Here you can read from the number one news source and add yours as well. You can also filter them by voting as the most bullish or bearish. Don’t forget to check team updates that include first-hand news. One more thing about CoinStats is that it’s available as a mobile app (android / iOS), Mac app, Web app, Apple TV app, Apple Watch, Chrome extension, Mozila add-on, etc. Join CoinStats and make your Crypto Tracking process better than ever before.
Best to Global Users: eToro
EToro lets you connect, share strategies, and talk to a vast community of users who are already using eToro. When you open a new account, eToro gives you $100,000 to practice cryptocurrency trading in a virtual portfolio so you can improve your skills.
In addition to the ever-expanding variety of eToro cryptocurrencies and crypto / crypto pairs, you’ll also enjoy over 30 tools and indicators. One more benefit from eToro: you can tap unlimited withdrawal amounts and a streamlined deposit feature. Start today and see where crypto trading can take you!
Best iPhone: Voyager
Who’s that for? Intermediate traders who want to do more business and explore the cryptocurrency borders beyond Bitcoin and Litecoin.
Price: Free – get $25 free Bitcoin credit to sign up.
Do you want to start getting serious about your cryptocurrency investments? You need a comprehensive exchange app that lets you view charts and buy more than the largest coins on the market. Voyager is a secure and secure exchange featuring a number of unique diagram tools, commission-free exchanges and access to more coins than most early exchange apps.
A combination app that includes exchange capabilities, a solid and secure wallet, and even a market news feed, Voyager includes a full set of tools that any serious cryptocurrency investor needs, including the simplicity of a more beginner app.
Unfortunately, Voyager is currently only available in a few parts of the United States and is completely unavailable internationally. However, the company plans to expand internationally and domestically in 2019—so it’s possible that you’ll soon have access to Voyager if you’re not currently in a position to get the app.
Best of Privacy: Crypto Pro
The Crypto Pro app is compatible with Mac, iPhone , iPad and Apple watches. It’s free to download the following features:
- Line chart and candlestick chart
- Custom icons and widgets for the app
- Live pricing alerts and advanced notifications
- Exchange API
- Imports and tracking of wallet
- iCloud synchronized
- TouchID lock and faceID lock
You can create custom widgets for all traded cryptocurrencies, metals and fiats and all major exchanges on the Crypto App. Crypto Pro is best suited to users who are concerned with privacy because they do not track any user activity, including portfolio size, viewing habits or favorite coins. User data is encrypted and stored locally on each device with the option of securely syncing and backup via iCloud across all your Apple devices.
Best of all for Android: Blockfolio
Who’s that for? More serious cryptocurrency investors who need to track and manage their coins in a safe and convenient location.
Price: Free of charge
Blockfolio allows you to track the value of your portfolio over time — no matter which coins you have in your wallet. Blockfolio links to your wallet and exchange accounts and allows you to quickly see changes in value without unlocking your full exchange profile or risking a hack. Blockfolio supports data on over 800 cryptocurrencies in over 300 exchanges. Blockfolio is by far one of the most widely used cryptocurrency trackers in the world, with more than 5 million users worldwide.
Blockfolio won’t be of much use to you if you don’t already own at least some cryptocurrency, or if you know which coins you want to track. You may find yourself checking Blockfolio’s tracker multiple times throughout the day.
Best of Absolute Beginners: Coinbase
Who’s that for? Absolute cryptocurrency beginners who want to jump and learn more about some of the most popular options — or buy some crypto just for fun.
Price: Free – try the Coinbase game
Don’t you know the difference between a bitcoin and a blockchain? Downloading the Coinbase app is a great place to start your journey. Coinbase is a beginner-friendly cryptocurrency exchange that allows you to purchase and sell cryptocurrencies. After you have completed the verification, you can use your bank account or credit card to purchase some of the most popular cryptocurrencies. Coinbase even has a new education section that you can use to make free cryptocurrencies — just by learning more about the coins you want to buy.
Coinbase is not available everywhere — the app currently operates in 32 countries, but plans to expand. But if you’ve never bought or sold cryptocurrency before, Coinbase is a great place to start learning.
Best Crypto News App: Scoop Crypto News
Who’s that for? Traders of any level who want quick and reliable information on the cryptocurrency market.
Price: Free of charge
Do you need your cryptocurrency news to go? Grab the free Crypto News Scoop and keep your finger on the market — even if you’re not at your desk. Crypto News Scoop ‘s app is constantly updating and collecting news stories from around the web to keep you informed about the movements and future of your favorite coins.
Crypto News Scoop also doubles as a tracking app and offers real-time quotes for some of the biggest cryptocurrencies. A convenient and free news source, every serious trader should have Crypto News Scoop.
Getting Started with Crypto
It’s never been easier to start investing in cryptocurrency. Cryptocurrency represents a new frontier of investment potential, but it is important to remember that the cryptocurrency realm is also very volatile. Cryptocurrency is decentralized by nature, and very few coins are currently regulated by any supervisory authority.
This means that you can lose a large amount of money very quickly when you invest in cryptocurrency. Remember to invest only what you’re prepared to lose and diversify your portfolio if you’re planning to buy and sell cryptocurrency.