Best cryptocurrency apps

If you want to buy, sell or hold cryptocurrency, you need to use a cryptocurrency exchange platform. And not every cryptocurrency app or exchange platform is suitable. Nevertheless, it’s the reason we have researched and listed the five best cryptocurrencies apps you can rely on. Here’s the list:

1. Coinbase

First on our list is Coinbase. And it’s here because of a reason. You might have heard of several crypto exchanges being hacked. However, this is not the case with Coinbase. Coinbase is safe and easy to use. So, even if you’re a beginner, you can easily use this platform.

Characteristics:

  • The wallet is included in this app
  • It supports over 64 currencies.
  • Transaction fee ranges from $0.99 -2.99 for regular members and for Coinbase Pro members is up to 0.50%

Pros:

  • Super high liquidity
  • Easy to use interface
  • Good variety of altcoins

Cons:

  • You cannot use wallet keys on your own
  • If you’re not using coinbase Pro transaction rate will be quite high.

2. Cash App 

The Cash App, just like Venmo, is a P2P money transfer application. Using this application, you can invest, pay the room rent, and buy groceries if the owner accepts payments via Cash App. It sits on number two as it allows several options to withdraw Bitcoins to other wallets. 

Characteristics:

  • The wallet is included in this app
  • It supports only one currency.
  • The transaction fee varies from transaction to transaction.

Pros:

  • P2P transfer like Zelle or Venmo
  • Allows Bitcoin withdrawal
  • Very easy to use

Cons:

  • Allows only Bitcoin for trading.
  • A 3% fee is charged for transitions done via credit card.
  • Weekly and even daily limits apply.

3. Binance 

Binance is another reliable cryptocurrency exchange platform/app. It focuses mainly on altcoins and supports hundreds of them. In addition, it has both popular and uncommon altcoins. So, if you want to purchase/buy or sell uncommon altcoins, you should use this platform.

Characteristics:

  • The wallet is included in this app
  • It supports hundreds of cryptocurrencies.
  • The transaction fee varies from 0.012-0.1%

Pros:

  • A transaction fee is lower as compared to other crypto exchanges
  • Supports numerous cryptocurrencies along with trading pairs
  • Charting is advanced

Cons:

  • Meant for professional users
  • The location support is somewhat limited.

4. Bisq 

Most crypto exchange platforms require KYC or Know-Your-Customer documentation. And this can be a problem for some people out there who want to hide their identity. However, Bisq solves this problem. This platform is one source and decentralized platform which requires no KYC at all.

Characteristics:

  • The wallet is included in this app
  • It supports 63 cryptocurrencies.
  • Transaction fee varies from 0.05% to 0.70%

Pros:

  • Non-KYC and decentralized platform
  • Over 25 payment options
  • The mobile app is there both for iOS and Android platforms.

Cons:

  • Not Meant for active trading
  • You may experience slow transactions.
  • Also, trading volume is low.

5. Gemini

If you’re behind a feature-rich crypto exchange application, Gemini it is. It’s one of the top platforms for trading in the US and offers over 24 cryptocurrencies.

Characteristics:

  • The wallet is included in this app
  • It supports 24 cryptocurrencies.
  • Transaction fee varies

Pros:

  • Low minimum purchase amount
  • Popular mobile application
  • Advanced trading platform

Cons:

  • The fee for smaller transactions can be high.
  • Some famous currencies may not be available.