Trading crypto is one of the most profitable investments in the financial market at this time. While trading crypto is seen as the next gold mine, there are some instruments that traders have adopted. One such is the usage of the perfect crypto app to carry out their trading activities. In this article, we will be looking at the best crypto apps for Androids.
Like the web version of the exchange, the Changelly mobile app allows traders to monitor their assets in real-time. The app also provides users with a wide range of services that are available on the website. Asides from offering support to 200+ cryptos, the Bitcoin app for Android charges just 0.25% for exchanging from one crypto to another.
The user interface is easy to use, and new traders can get the hang of it in no time. The mobile app also has support on standby 24/7 to help with user’s complaints.
The eToro crypto trading app is one of the best across the world. With a user base spanning millions, this crypto app for Android allows traders to buy and sell digital assets. But the offer is limited: eToro supports only a tiny amount of digital assets such as Bitcoin, Ripple, and Ethereum.
Asides from its simple and user-friendly interface, the app charges low fees for transactions as opposed to most crypto apps. Traders are not mandated to pay any fees if they want to deposit or buy tokens. However, the platform charges traders $5 for withdrawals on the app, a downside, according to traders and analysts.
Founded in 2017, Binance is regarded as one of the biggest and best trading platforms worldwide. This is because it covers a vast number of tokens. In 2018, Binance was the biggest platform globally, with $1.3 billion in market capitalization.
Not only is the Binance app user-friendly, but it also offers its users tutorials on how to begin trading. One thing that sets it apart is that it provides users with a three-way method to deposit their tokens. Traders can use the Bank deposit, peer-to-peer, or credit/debit card options to buy their tokens.
Even though it is very popular, Coinbase offers traders less crypto to trade compared to Binance. Just like Binance, crypto newbies are treated to a tutorial to help them hit the ground running.
Despite its popularity, the app charges a fairly higher withdrawal fee than the three listed crypto apps for Android above. Its user interface is very intuitive and helps new traders get accustomed to the app quickly. In this first quarter of this year, the crypto app saw a revenue of $4.03 billion, with $2.36 billion being its profit. Presently, Coinbase boasts of a user base of over 50 million across the world.
The Bottom Line
Even though most traders prefer to trade digital assets on their computers, it is without a doubt that most traders want the ease of using their mobile phones. The comfort of mobile user experience can never be overemphasized. If a trader needs to make a swift decision regarding his assets, a Bitcoin app for Android will come in handy, allowing you to easily adjust the crypto strategy on the go.