If you trade cryptocurrencies on your mobile, you need a good crypto trading app with the lowest fees and high security. There are hundreds of apps to trade crypto now; finding your perfect app may not always be easy. Today, we will explore the three best cryptocurrency apps and look at the key metrics you want to know.
The 3 Best Crypto Apps for 2022
1. eToro – Overall Best Crypto App in 2022
2. Crypto.com – Best Crypto App To Trade with a Debit Card
To ensure you choose the most perfectly matching crypto app for your needs, look through the essential details about each app.
We found that eToro provides a safe and low-cost way of investing and is available on iOS and Android. You will only pay the spread to trade digital currencies via the eToro. It starts from just 0.75% and gives access to the markets. Furthermore, you will not have to risk large sums of capital via eToro as it requires just $10. When it comes to payments, eToro does not charge fees on deposits in US dollars. And you can deposit funds via credit cards, bank wires, PayPal, Skrill, and more. Etoro is not only a crypto trading platform, but it also lets you trade Forex, commodities, indices, ETFs, and stocks.
Most importantly, eToro is one of the safest apps as it is regulated by the SEC and financial bodies in Europe and Australia.
|Number of Cryptos||56|
|Fee structure||Free, Spread only on Trades|
If you are planning to buy cryptocurrencies with a debit card, then you can choose to use Crypto.com for this purpose. The app includes many things you need to trade currencies, staking crypto, cryptocurrency payments, etc. Crypto.com app is available on both Android and iOS devices. You can easily buy cryptos with Visa or MasterCard at a fee of 2.99%. In terms of payment, the app also supports bank transfers, and there is a 0.40% taker/maker fee when you place an order and again when you cash out. Moreover, crypto.com offers its coin, CRO. If you have a significant stake in CRO, the company offers lower trading fees, higher credit card rewards, and higher staking interest rates.
|Number of Cryptos||More than 250|
|Minimum Deposit||$20 for ACH transfers; $5,000 for wire transfers|
|Fee structure||0.4% commission|
|Users||Both beginner and advanced cryptocurrency users|
We realized that Coinbase is another good app for new beginners as it offers simple, fast, and user-friendly services via its Android or iOS device. And it provides step-by-step guidance via a mobile app. You can instantly invest in cryptocurrency with Paypal, Visa, or MasterCard. However, Coinbase charges 3.99%, which is relatively expensive in terms of fees. On the other hand, Coinbase provides security level high keeping 98% of client funds in cold storage.
|Number of Cryptos||More than 100|
|Fee structure||1.49% commission|
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