Despite the fact that the RBI and the government are considering reimposing a ban on cryptocurrency trading in the country following the Supreme Court’s decision, crypto traders are nonetheless enthusiastic about investing and trading in the cryptocurrency.
Cryptocurrency investors and traders, as well as exchanges and other businesses, are denouncing the cryptocurrency bill that has been introduced in the legislature.
The enormous hype in the price of cryptocurrencies has sparked this obsession. Crypto asset values have soared in recent years, particularly in the last year since the Supreme Court overturned the ban on cryptocurrency in 2020.
Currently, despite the fact that prices are quite unpredictable, fluctuating up and down, the traders have not lost any hope in crypto, that being said, here are the best crypto trading apps for 2021.
How Do You Decide Which Cryptocurrency App Is the Best?
Let’s look at the things you should look for while selecting the top cryptocurrency apps –
To begin, you must decide if you want to trade cryptocurrencies or hold it long-term (investment). The bitcoin apps you’ll need if you trade will be different from the ones you’ll need if you’re an investment. If you’re storing your money in an app, the app’s security is a major problem. You should choose an app with the highest level of security.
The number of cryptocurrencies available for trading and investment is the next thing you should look into.
Finally, keep in mind that there is a price associated with utilizing the app. Whether or whether the app charges a fee for deposits, withdrawals, or trading, and if so, how much.
The Blockchain wallet software is one of the best tools to utilize if you’re trading cryptocurrencies from your smartphone.
It’s jam-packed with features, and you can trade over twenty different cryptocurrency pairs. More than eighteen languages are supported by the app.
It has two-factor authentication as well as PIN protection for added security. The software also accepts Bitcoin payments and allows you to receive and send the digital money.
The app has TOR blocking characteristics that make it appealing. Then there’s the user interface, which is straightforward to use, and the excellent support features.
Certainly, one of the best crypto applications, according to an app development company in dubai, Blockchain has laid foundation for other new upcoming trading apps, therefore number one on our list!
Coinbase is the ideal software for cryptocurrency newcomers.
It lets you trade hundreds of coins and has a nice user experience. The account opening procedure is straightforward, and you can complete it with only your Id card.
You only need to establish an account after downloading the app from the Google Playstore or App Store.
This software has a nice function that allows you to deposit fiat dollars. If you trade directly with your debit card, however, you may be charged 3.99 percent of the total trading amount, which is extremely high.
The trading charge is 1.5 percent, and the app’s security features are excellent.
This bitcoin app is ideal for all types of cryptocurrency traders and investors. It doesn’t charge a commission when you purchase or sell cryptocurrency.
There is no fee for using a debit or credit card to make a deposit. The conversion of non-USD currencies incurs a minor cost of 0.5 percent.
With a thorough KYC registration process, the platform provides excellent security features. It provides CFD traders with a 1:1 leverage ratio.
This means that if you have a $100 deposit, you can trade CFDs for $200.
This software also includes a copy trading tool, which allows you to imitate the trades of well-known traders and apply the same formulae to your own transaction.
This is a highly complex crypto trading tool that allows you to trade crypto CFDs.
You can trade a variety of cryptocurrencies, ranging from Bitcoin and Ethereum to lesser-known cryptos. The commission is 0.5 percent, and there is a 1:2 leverage ratio.
zTrader is the software for you if you only want to keep an eye on the crypto market without making any trades or investments.
It has access to more than ten of the most popular cryptocurrency exchanges. This application is extremely secure and safe to use, as well as being completely free.
6. Coin Stats
This application is for anyone who want to keep track of cryptocurrency prices. This software is mostly for investors because it allows them to establish a portfolio and track price changes.
The software allows you to quickly and easily create your portfolio. On this tool, you may track over three thousand different cryptocurrencies.
Then there are hundreds of exchanges with which you may link your wallet, construct a portfolio, and keep watch of the market.
A free version is available, as well as a paid version that costs $4.99 a month or $39.99 for a year.
This is one of the world’s most popular cryptocurrency apps. Among all cryptocurrency apps, Binance app has the biggest trading volume.
The software is really safe to use and provides a large number of crypto assets to trade and invest in. A 0.1 percent trading commission is included in the fees.
The commission for trading perpetual contracts on this app is 0.02 percent.
If you deposit money with a debit or credit card, however, you must pay a hefty 3.5 percent, or $10, for each transaction (highest of both).
This financial app is for crypto lovers who wish to keep track on crypto values at all times while doing other things.
There are no hidden fees and it is absolutely free to use. This app allows you to keep track of over 800 different cryptocurrencies.
9. Bitcoin Wallet
This application is well-known for its user-friendly UI. It has one of the most user-friendly and uncluttered interfaces.
A balance sheet of your investments, real-time rates, and pricing, and many more features are included in the Bitcoin Wallet app. Another characteristic that distinguishes this software is its security.
This app provides a wealth of crypto-related information. It functions as a lock screen app, with notifications about cryptocurrency constantly coming in.
This is free to use, but there is also a $5.99 paid version. This is an app for keeping track on cryptocurrency prices.
To sum up, there are hundreds of new applications being introduced into the growing crypto industry.
Choosing the correct application for your needs, on the other hand, is a difficult and vital task.
Many factors, such as the costs you pay, security, and other factors, are influenced by the app you choose.
So, browse through each of the applications listed above, compare their features and prices, and then pick the one that best fits your needs.