Best app for cryptocurrency trading
Categories: Crypto
Best app for cryptocurrency trading
Cryptocurrency exchange platforms allow you to trade tokens and digital currencies like BTC, ETH, and DOGE. Trading crypto is conveniently done on desktop and mobile apps. If you want to trade, opening an account with a crypto exchange is the way to start. You can use a cash card or connect your bank account through ACH to fund your crypto account. Many of the best crypto trading apps monitor the market in real-time, have many payment methods, and trade crypto at no or low fees.
The following is a curated list of the Top Crypto Trading Apps for beginners with their features, pros, cons, key specs, pricing etc.
1) Zengo
Zengo is a noncustodial mobile best app for cryptocurrency trading with innovative security measures. The app enables you to track your portfolios, access crypto holdings, and earn daily interest rewards. Zengo approves buying crypto using Apple Pay or a credit card. You can also earn interest on crypto holdings by lending to a decentralized liquidity pool and staking your assets.
This crypto app has keyless software with facial recognition capability to advance coin security. So it divides the user’s private key into two sections and distributes its storage to prevent the wallet from being hacked.
2) Binance
Binance has established itself as the best crypto exchange. It offers various order types such as limit order, stop order, stop-limit order, trailing stop order, and stop-market order.
With Binance, domestic banks and Automated Clearing House (ACH) offer wire transfers without any fees. The US clients have a transaction cost of about 0.5%, while other parts of the world pay up to a 4%. Furthermore, Binance has crypto derivatives such as options, spot markets, staking, and futures. It offers users low trading commissions, especially those holding BNB tokens.
3) Kraken
Kraken is a secure best app for cryptocurrency trading used by active traders, groups, and institutions. Besides portfolio diversification, Kraken users can invest in margin trading, staking, and futures. The platform runs centralized exchanges with an order book where users can take and place orders with an option to limit order prices.
Kraken also has a live “Cryptowatch” that tracks the price data of crypto markets. Among other advanced features are the two-factor codes. You can use the codes to sign in to your account to trade and request withdrawals.
4) Pionex
Pionex is an auto-trading platform equipped with 16 free in-built trading bots. The bots streamline the trading process and make the site an all-in-one solution for crypto exchange. Subsequently, Pionex has a Money Services Business (MSB) license granted FinCEN.
The exchange platform provides a trading domain for mobile and high-volume investors. Furthermore, it is one of the biggest brokers that aggregates liquidity with lower prices on Platforms like Huobi and Binance.
5) Coinbase
Coinbase is a trading platform for decentralized exchanges. Its investing, sending, receiving, and trading features stand out. Its algorithms execute and optimize trades depending on your trading goals. The platform has a custodial option that stores coins on the Coinbase.com exchange and a Coinbase Wallet. It advances in cold storage to keep the clients’ funds offline, which means users cannot control their private crypto keys.
You can fund Coinbase accounts with a wire transfer, debit/credit card, ACH transfer, and PayPal. Apart from this, you trade major crypto pairs, stocks, and futures, while enjoying high liquidity in the volatile markets.
6) Crypto.com
Crypto.com is one of the fast-growing global crypto and best app for cryptocurrency trading altcoin exchanges. It offers an ecosystem of yield-generating products, a Crypto.org Chain. Its blockchain and a utility token called Cronos (CRO) help crypto traders to increase savings account yield and reduce the trading commissions.
Crypto.com takes into consideration dynamic trading on the spot market. The trade likewise allows you to utilize a Visa or MasterCard to handily change over any crypto to cash. Beginning with Crypto.com expects you to download the application, pursue a record and go through a Know Your Client (KYC) technique.
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