List of Top Cryptographic Money Trading Apps
Cryptographic money trading has become all the rage in recent years. This form of trading is based on cryptocurrency, which consists of digital currency that is not linked to any country or government. The records of the people who own the currency are stored in computer databases that are secured by powerful cryptography that uses blockchain technology.
It is nevertheless still possible to trade in this currency. To do so, you must use certain apps. This brief bitcoin code review will include the top 5 apps on the market.
Bitstamp
This site was established in 2011, which makes it one of the longest-running crypto exchanges in existence. You can use it to trade over 50 different types of cryptos, including Bitcoin and Ethereum. The app is known for its cost-effectiveness. You can purchase cryptocurrency for .5% per trade. This goes down to .25% if you exceed $10,000 in trading volume each month.
The app is available on all iOS and Android devices. It features a selection of advanced order types and analytical tools, which experienced traders may like. It also displays real-time charts and order book information. The security of the app is boosted by biometric authentication.
List of Top Cryptographic Money Trading AppseToro
This is another quite popular app. It is regulated by the SEC in the United State, by FCA in the UK, and ASIC in Australia. This makes it one of the most secure apps available. You will not need to worry about the security if your funds when trading on your cell phone. Sandbox, Ethereum, and new altcoins are among the many types of cryptocurrencies you can buy and trade through this app.
The minimum trade requirement on eToro is $10. The app is also quite user friendly. It takes less than 5 minutes to download and use the app. It has been fully optimized for iOS and Android devices.
Through eToro, you will have access to forex, commodities, indices, and thousands of US and foreign stocks.
Aqru
This app is the best one in the market for earning interest. You can deposit your Bitcoin or Ethereum tokens in Agru and receive an APY of 7%. The app does not require you to agree to a minimum redemption period. You can withdraw your tokens at any time without incurring a financial penalty.
The app is also quite user friendly. You can download free of charge from Google Play or the App Store. Once you have done so, the app will guide you through the interest earning process step-by-step.
Crypto.com
This app allows you to buy Bitcoin and other digital currencies with a debit card if you are willing to pay a fee of 2.99%. Perhaps the only drawback of this app is the onerous requirements to open an account. To do so you are required to take a photo of a government-issued ID. If your main reason for trading in cryptocurrency is to avoid dealing with such institutions, then this may put you off.
The app nevertheless has redeeming features. It is one of the best apps for creating a diversified portfolio. It also supports bank transfers and even offers its own credit card.
Coinbase
This is a great crypto trading app for people who are new to the field. Those who seek to buy cryptocurrency through their mobile phones, who are testing the waters, often choose Coinbase. Why? Because of the ease of both signing up to the app and making an investment through it.
The app guides you through the entire investment process step-by-step. Once you download the Coinbase app, you will be asked to register an account. To complete this part of the process, you will need to take a picture of your passport or driver’s license with your cell phone camera. You will then be asked which cryptocurrency you would like to buy and the payment method you prefer. That is all.
Coinbase has a robust security system. You will be required to create and use a PIN. The app also uses Cold storage, which keeps 98% of client funds offline. You also have the option of locking withdrawal requests for up to 48 hours.
These are only the most popular crypto trading apps. There are plenty of others to choose from. You should download the app that best suits your financial aims and interests.