Recently, the software development industry has fleshed out well enough to accommodate crypto trading. Currently, you can trade your crypto assets using both desktop computers and mobile phones. The iOS ecosystem is particularly suited for this task, so you use one or more crypto trading apps on your iPad and iPhone.
Determining what the best apps for trading crypto are depends on how compatible it is with your trading objectives and portfolio. Coinbase is one of the most popular crypto trading platforms and its iOS app is just as popular among iOS users. The app is fitted with a practical (and gorgeous) interface and features that get to the heart of trading. The app holds some of the advantages of using Coinbase as an exchange platform, including the ability to trade in Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.
Coinbase is also very easy to use, especially as a tool for tracking market trends and trader portfolios. The app is available for free download on Apple Store and has no in-app purchases.
The FTX iOS app is the mobile app for crypto traders on the FTX (formerly Blockfolio) crypto trading platform. It is one of the best trading apps for crypto traders that prefer iOS apps over the Android alternative. Moreover, the app inherited the robust feature base of the FTX platform, so it probably has the best collection of enabling attributes for crypto traders, including a relatable and easy-to-use interface.
The FTX iOS app lets you do everything on your iPhone or iPad that you can do on the web version of the FTX. So, it is a suitable app for portfolio tracking and P&L charts, with a dark theme for a contrasting effect on trading visuals. The app is also available for free download in the Apple Store.
Kyrrex offers one of the best apps for crypto trading in the iOS ecosystem. Much like the crypto trading platform itself, the Kyrrex iOS app is ingenious, flexible, and very practical for buying and selling crypto assets, tracking portfolios, liquidating assets, and protecting them with high levels of software security. The app has all the best features of the native Kyrrex web platform, including trading instruments, and features for liquidity, security, and others that bolster trading for beginner and experienced crypto traders.
The main objective of the Kyrrex iOS app is to help you access everything related to your crypto assets and trading activities. Thus, if your plan for using an iOS app for your crypto trading revolves around having total control over buying and selling cryptos, tracking trends and portfolios, and forecasting possible dips and uphill activity in the crypto market, then the Kyrrex app is your best bet.
Its API is particularly noteworthy as it comprises practical protocols for the effective trading of cryptocurrencies and assets.
You can download the Kyrrex iOS app for free here on your iPhone or iPod touch (with iOS 12.0 or later).
Delta is undoubtedly one of the best crypto trading apps for iOS users who happen to be active crypto traders. The biggest difference between the Delta Investment Tracker app and other iOS apps for crypto trading is that you can easily manually enter needed information into the app. As such, the app design is well-thought-out and fleshed out in a way that indicates that the software developers have the best interests of crypto traders at heart.
Like the other apps earlier highlighted, the Delta iOS app is available for free download on the Apple Store, although it has some in-app purchases.
Unlike most of the iOS apps on this list, the Cash App is not a traditional crypto trading app. Instead, it is more popularly known for sending and receiving money from other people. Thus, the biggest advantage to using the app is that so many other people are already using it for paying friends and employees or receiving from friends and employers. Thus, even though Cash App users can only buy Bitcoin and no other cryptocurrency (at the moment), the app’s user base is continually growing.
Added to the crypto-related feature on Cash App that lets you buy Bitcoin, you can also enable notifications for news about Bitcoin prices within a specific user-defined period. Moreover, the app is also available for free download on the Apple Store.
CryptoTrader is another iOS app that doubles as the original platform’s provision for crypto traders that don’t want to use Android. Because of its universality in connection with the number of crypto coins (including Bitcoin, Ethereum, Ethereum Classic, Litecoin, Monero, Dash, ZCash, etc.) that the CryptoTrader platform supports, the iOS app is recognized as one of the best apps for day trading crypto.
With CryptoTrader, you can expect to get a highly interactive interface with robust features and real-time charts. The app is one of the best there is among iOS crypto trading apps for keeping up with market trends.
The app can be downloaded for free on the Apple Store and is still compatible with iPhones, iPads, and iPod touches that can only run iOS 10.0.
CoinTelegraph Markets Pro is very different from all the other top crypto trading apps. This particular app is not enabled to help you buy and sell cryptocurrencies and crypto assets. However, there is arguably no better iOS app for information about crypto news and developments in the blockchain industry. So, CoinTelegraph Market Pro is an app for solely keeping track of market trends and coin prices.
The CoinTelegraph Market Pro is particularly helpful for crypto traders that are just getting into the trading industry. It is not fitted with too many features, but it offers a profound reading and learning experience for whoever is interested in knowing the whats, whens, and hows of the crypto trading market and industry.
The CoinTelegraph Market Pro iOS app is also available for free download on the Apple Store.
Ultimately, iOS apps for trading crypto can provide enormous help to serious traders. Some of the apps listed in this article are especially suitable for this exercise and can smoothly enable you to meet your trading goals, including making more money and gaining more experience.
Crypto trading has gone beyond hunching over a desktop and punching numbers into calculators. Savvy traders use different software applications and platforms. As such, they are able to maximize profits by diversifying crypto exchange activities. And yet, this is only one of the benefits of using the best crypto trading apps.
In this article, we want to list out some of these top crypto trading apps on the mobile Android operating system and outline their foremost characteristics and advantages.
With its modern and interactive design, Kraken offers one of the best apps for crypto trading on Android. The Kraken Android option borrows its popularity from the fact that Android is a mobile system used by more than half of the world’s online population, and the Kraken platform for crypto trading is just as well known for its wide range of tradable cryptos, offline deposit security scheme, and low transaction fees.
The Kraken Android app allows you to do everything available to users on the web platform. This includes trading cryptos, tracking trader portfolios and market prices, and getting notifications on the latest ups and downs of different cryptocurrencies.
The Kraken Android app is available for free download from Google Play Store.
While Kraken charges significantly lower transaction fees compared to Coinbase, the latter’s Android app has a better interface that is both interactive and easier to use. Thus, the app has a high appeal for beginner crypto traders, especially with the presence of access links to online materials about cryptos in general, trading them, and the dynamics of the trading market.
The Coinbase Android app also lets you use the 100+ array of cryptocurrencies supported by the exchange platform, including all of the major ones such as Ethereum, BNB, Binance USD, and Tether. Consequently, the Coinbase offering for Android devices is one of the best apps for trading crypto, and it is suitable for both beginners and accomplished traders who want to spread their trading domain.
The Coinbase Android app is also available for free download on the Google Play Store.
Compared to the other Android apps for crypto trading on this list, the Kyrrex offering is positively radical. Like the others, the app is designed to offer the majority of the services available on the web platform. Unlike the others, the Kyrrex Android app was designed to empower trader activity and is fitted with an uncomplicated, intuitive, and interactive interface. The app’s background colors are equally crisp and warm, and shoulder essential features for on-the-go trading.
Kyrrex keeps a close eye on user reviews, so there are regular updates relating to bug fixing and user demands. Recently, Kyrrex develops added the platform’s primary token to the app, affording users the ability to stake and pay fees in KRRX. The app is also very secure, and, with its regular news update feature, is one of the best apps for day trading cryptos.
The Kyrrex Android app can be downloaded for free from here.
The biggest advantage that the Bitstamp Android app brings to the crypto trading table is its high-level integration of chart-type analytics. Because the average crypto trader pays a lot of attention to price trends and market updates on the fluctuating values of cryptos, the developers of the Bitstamp Android app polished its interface to boost this charting property.
But if that was all there is in the Bitstamp Android app, it wouldn’t be known as one of the best trading apps for crypto. Outside of letting you send and receive crypto assets, not to mention invest and hold them, the app also lets you use QR codes for your trading activities. In other words, you can send Bitcoin and Ethereum units to someone else by scanning their QR codes.
Thus, the Bitstamp Android app is suitable for beginners and sophisticated traders, especially those who prefer to fund their trading wallets directly through bank transfers, credit and debit cards, and other traditional funding methods.
Gemini is almost always mentioned as a leading cryptocurrency exchange platform. This is not only because the platform is one of the earliest to be regulated by the government (and thus thought to be reliable), but also because it promotes easy and flexible crypto trading while supporting more than 100 cryptocurrencies. Its offering for crypto traders with Android devices covers the same characteristics, so the app allows its users to trade cryptos, fund wallets via bank transfers and cryptos, and even has a marketplace for collectibles.
Gemini’s Android interface is likely one of the simplest and most practical out there. Nevertheless, the features are well-fitted for expert traders and crypto investors, with chart capabilities and trend tracking. Consequently, the Gemini Android app is popular and a reliable app for trading cryptos anytime and anywhere.
One of the main bites of the blockchain revolution is peer-to-peer exchange, and this is the leading characteristic of all Bisq platforms, web or mobile. The existence of this peer-to-peer exchange feature is the main reason many crypto traders with Android devices participate in regular trading as the Bisq app follows the decentralized crypto trading model.
The Bisq Android app is not perfect, can be slow, and is most effective for small trading volumes. But it has a versatile funding portfolio, letting users engage in fiat-crypto trades. This also means that Android users can fund their crypto wallets via AliPay, Perfect Money, OK Pay, and Zele. The diversity thus brings the app closer to home and makes it crucial for crypto trading.
The Robinhood Android app is a lot like the Bisq app. It is also one of the best out there for crypto traders who are usually only involved with small volumes and prefer instant access to their deposits anytime and anywhere. But the app was particularly designed to benefit beginner investors, so the app interface and features appeal to this crop of crypto traders more than any other.
The Robinhood Android app also allows commission-free trading and users generally have a great deal of control over their crypto assets and investments. This is why the app has a large user base with around 10 million accounts.
All of these Android apps for trading cryptos can help consolidate your trading potential and even augment automated trading. The trick is finding the most suitable, so you have to choose between a time-tested option like Kraken or an innovative and novel option like Kyrrex android app for trading crypto.
The crypto boon has gone beyond the point of speculation. Internet users have gone from asking whether investing in a crypto asset is reliable to asking which coin offers the best benefits. Even so, despite the wide coverage in awareness and understanding, there are still gaps that developers are having trouble passing across to interested and invested blockchain enthusiasts. One of such gaps is the choice of centralized exchanges (CEX) or decentralized exchanges (DEX).
In truth, choosing to trade cryptocurrencies and other crypto assets with CEXes or DEXes is a decision only a user can make. Both trading platform categories have their pros and cons. However, the theme of this article is the top 6 CEX platforms making the rounds at present, so we will focus on these platforms and leave their DEX counterparts for later.
You need an exchange to get your hands on a crypto asset. However, knowing the suitable platform to use can be tricky. There are different things to consider, from regulations to the exchange's reliability.
The cryptocurrency market remains a relatively new financial space. Many users are still finding their way around it. While most traders have learned the ropes, others have unfortunately fallen victim to scams and using the wrong platforms. In this article, we'll show you the top 7 crypto exchanges to buy, sell, and trade cryptocurrencies. But before we start, we'll tell you how exchanges work and how to verify that the platform you're considering is the right one to use.
Cryptocurrency exchanges are online platforms where you can buy and sell crypto assets. While they primarily allow you to purchase crypto tokens using your US dollars or other government-backed fiat currencies, you can also carry out crypto-to-crypto trading. This means you can exchange Bitcoin for Ethereum. Cryptocurrency exchanges use trading pairs. For example, to trade 0.1 Bitcoin to USD, you'll have to go for the BTC/USD trading pair. BTC is Bitcoin's trading ticker. In some cases, you have to convert your fiat currency to a stablecoin such as USDT before you can trade.
Cryptocurrency prices are uniform across every exchange. However, there could be slight differences. You could also use an exchange as a crypto calculator app. For example, if you want to convert 100 Bitcoin to USD, you can type in the BTC amount to know its equivalent in US dollars in line with current market rates. You can convert your crypto assets back to fiat currencies and leave them in your account whenever you want.
Unlike the new days of crypto, exchanges are now being regulated. That means you have to be sure you're trading on a platform licensed to operate in your jurisdiction. This and more should guide your decision in choosing a crypto exchange.
Before we continue, you must understand the different types of cryptocurrency exchanges. They are centralized and decentralized exchanges.
We've pretty much covered what a centralized exchange is. This type of exchange has a significant level of control over your funds. It controls your wallet and can freeze your assets if there's a bug or if it flagged your account for fraud.
A decentralized exchange, however, is unregulated, just as its name suggests. It's what you can call an anonymous crypto exchange. It's mostly for people who are looking to use a crypto exchange without KYC. Traders use non-custodial wallets, which they completely control, to trade on these platforms. However, you can't purchase crypto assets using fiat currencies on decentralized exchanges. Instead, they only facilitate crypto-to-crypto swaps.
Some platforms are built on white-label crypto exchange software solutions. This means they did not develop their core applications from scratch. While most might have good management and practice, they don't always have high liquidity and trading volume during their early days. So, it would be wise to look out for them. Most white-label crypto exchanges don't offer derivatives, lending, margin, and other customizable products since these features require complex development.
Reading this article means you're looking for a crypto exchange to buy and sell crypto. There are hundreds of platforms available today. However, the right pick for you depends on different factors. For starters, you have to make sure the exchange is trusted. This means looking at its trading volume, user base, and regulatory compliance. You want to ensure you're trading on a platform where your funds are safe and one that has enough liquidity.
So, what should you look out for?
One of the top priorities when it comes to trading is security. Unfortunately, there have been incidents in the past where traders lost their funds because exchanges were hacked.
Unlike bank deposits, cryptocurrencies aren't backed by central banks. This means you're at the mercy of your exchange's security and insurance policy. While some platforms insure users' deposits, others depend on security practices.
So, try to determine if the exchange has an insurance policy and how many crypto assets they store in cold storage (offline).
Regulations could prevent you from you trading on specific exchanges. For example, the US has strict trading policies, and only a handful of exchanges are licensed to operate in the region. Even at that, some states have separate policies that could prevent trading. You don't want to make up your mind about an exchange only to find out you can't access its services. So, head to the platform's website and confirm if they operate in your jurisdiction. You should also check out each exchange's KYC and AML compliance. With no KYC crypto exchanges will restrict your access to their products. In some cases, you won't be able to trade.
Liquidity means you can buy and sell cryptocurrencies with ease. As we mentioned, there are hundreds of crypto exchanges, but some are more liquid than others.
An exchange's trading volume tells you how easy it will be to sell your coins for fiat currency and withdraw your money. The trading volume is usually measured in US dollars and shows how much money is traded on the platform.
So, check to make sure your money won't get stuck when you decide to sell. You should also confirm the number of tokens traded on the exchange. This would determine how easy it will be to withdraw your crypto asset to a non-custodial wallet (more on that below).
Cryptocurrency exchanges charge a fee for every trade. These fees are mostly a fixed percentage of each transaction, but they could change. For example, they could be as much as 20% and as low as 0.
For most platforms, a trader's level or order weight determines the fees. So, check these details to understand how an exchange's fee structure works before using it. You shouldn't necessarily look for the lowest fee crypto exchange. That's because many platforms with poor security and low liquidity use the promise of little to no fees to lure in new investors. On the other hand, most exchanges with high costs charge extra to make the trading experience seamless.
You need a crypto exchange with the best uptime stat. Server downtime can cause a lot of problems. For example, you might want to sell off an asset when it reaches a particular price only to find your crypto app not working anymore.
There are many online resources that you can use to check out each exchange's daily trading volume and cryptocurrency pairs. Coinmarketcap is one of these resources. It can also act as a token converter and crypto calculator app so you can know coin prices in real-time.
Cryptocurrency wallets interact with blockchain networks and can be used to store tokens. Therefore, understanding how they work is vital. Exchanges, on the other hand, are platforms where you buy and sell cryptocurrencies. That said, centralized exchanges come with built-in wallets. Now, there are two main types of crypto wallets: custodial and non-custodial. This is often what comes to mind whenever crypto exchange vs. wallet is mentioned.
A user has complete control of a non-custodial wallet, whereas a third party controls a custodial wallet. You have full ownership of the former because you have its private keys. Your account on a centralized exchange comes with a custodial wallet, and the exchange has complete control. This is why the platform can execute trades faster since it doesn't need confirmations for every transaction after you've placed orders.
Non-custodial wallets live outside exchanges. However, you can use them to interact with decentralized exchanges and purchase tokens. In this case, though, you'll have to confirm every transaction and pay blockchain gas fees instead of exchange fees. Crypto wallet advocates see decentralization as its main advantage. It's more decentralized exchange vs. centralized exchange than crypto wallet vs. exchange.
No one has control over your non-custodial wallet except you. However, it means you're responsible for keeping it safe. If you lose your private keys or lose access to your device, your wallet and the funds in it will be gone for good. When it comes to an exchange, you can lose your device, forget your password, and still recover your funds.
Now, let's get down to the central business. We've compiled a list of crypt exchanges we believe you can trust:
The emergence of cryptocurrency launched a brave new world of financial independence without the control of central governments and their supervisory agencies. People, for so long subject to the rules of using physical cash, are now able to adopt virtual currencies, especially bitcoin, as a medium of exchange and a store of value.
With great rewards come great risks, however, and buying and selling crypto anonymously is no exception. Although decentralization and anonymity are the main selling points of bitcoin and other cryptocurrencies, they also increase the risks associated with buying and selling crypto without ID.
Being able to buy digital currencies and hold them is great. Being able to trade them or use them to buy real-world goods and services is also great. Being scammed out of your crypto and not being able to do anything about it? Not great at all. Unfortunately, this is one of the things that can happen when buying and selling crypto without verification.
Governments all over the world are slowly waking up and beginning to tighten regulations around digital currency trading in their domains and this isn't necessarily a bad thing. Even though privacy and anonymity are the foundations of the crypto industry, it also makes cryptocurrencies vulnerable to various risks, some of which the individual crypto enthusiast might be powerless to defend against.
With that in mind, here are the top 9 risks associated with decentralization. This might interest you if you buy and sell crypto anonymously and want to know the pitfalls to watch out for.
"Bitcoin is great, but if it's not private, it's not safe," said Edward Snowden and crypto traders weren't the only ones paying attention. The anonymous nature of bitcoin has made it the medium of choice for money launderers and criminals to move their ill-gotten wealth around.
Because anonymous exchanges allow you to buy and sell crypto without ID and do not ask any questions, cybercriminals find it easy to convert their criminal loot to bitcoin or USDT and use an exchange or peer-to-peer network to convert it back to cash in another jurisdiction where they cannot be caught spending the money.
Earlier in June, the UK's security agencies confiscated almost $160 million in a money laundering operation but that's just one successful detection in an ocean of evasion tactics that criminals use to ferry money from under the noses of the police by using exchanges and crypto brokers.
For day-to-day traders, this means potentially using the same services as cyberthieves, ransom collectors and terrorists, which can be deeply unsettling. From this perspective, using a trusted crypto exchange that accepts KYC, instead of one of the myriad sites that allow you to buy and sell crypto with no ID, is not such a bad idea. All you're doing is exchanging a little privacy for better security and a safer trading environment.
Cryptocurrencies are changing how money works, and they're already reshaping financial markets. More and more people are joining the train in fear of missing out on what is touted to be the future of monetary transactions. While cryptocurrency is reaching a broader audience, you won't be late if you followed the trend right now. If you want to learn how to enter the market the safe way, this where you need to be to learn how to do that.
Cryptocurrencies are virtual currencies that exist as digital records on blockchains. A cryptocurrency (sometimes wrongly called crypto currency) is protected by cryptography, hence the name. Security is one of the driving features of the technology, as no one can make changes to the blockchain without verification. Bitcoin's boom brought about a wide range of different cryptocurrencies with diverse real-world applications. You can buy and sell crypto via centralized and decentralized exchanges, but their value can be traded on derivative markets.
Each cryptocurrency asset you buy is stored in a wallet. Every wallet's transactions history can be publicly accessed on the blockchain that underlies the cryptocurrency.
Users transfer crypto assets via wallet addresses. If you send a cryptocurrency asset using the wallet address of a different crypto asset, your token will be lost forever.
Your wallet won't be credited with the crypto asset until the transaction has been verified on the blockchain.
The crypto market isn't regulated by any government or central authority. Instead, they're decentralized and run on the internet. Before buying and selling crypto assets, you should understand how the market works and the risks involved. You should find out how crypto prices are affected, how to verify the current price of a cryptocurrency asset and understand the implication of purchasing the token. However, cryptocurrencies are traded the same way you buy and sell currencies or stocks. Prices go up when the demand rises and fall when investors choose to liquidate their assets.