Best Cryptocurrency Trading Apps in 2024

Cryptocurrencies have become much more accessible to the average person after their recent rise in popularity. Several brokerage firms now allow investors to buy and sell cryptocurrency alongside their stocks, mutual funds, and other investments. 

Some of the leading cryptocurrency exchanges have made the process more user-friendly than ever, especially those that have the best cryptocurrency trading apps.

Investing in cryptocurrencies may not be suitable for everyone, as they are still somewhat speculative investments. Whether or not they make money in the long run, the wait for investors can be like a roller coaster ride. 

However, if you believe in the long-term potential of cryptocurrencies and have a fairly high risk tolerance, there is nothing wrong with holding some digital currency as a long-term investment.

With that in mind, here are some of the best cryptocurrency apps of 2024. These include brokers, exchanges, and apps you can use to start building your own cryptocurrency portfolio today.

What is a cryptographic application?

A cryptocurrency app is a mobile phone application that allows you to manage your cryptocurrency portfolio. When you start investing in cryptocurrency , it can be helpful to dedicate some space on your phone to the app.

What to look for in a cryptocurrency app

Regardless of which app you choose, there are a few things to consider when comparing the options available.

Safety

Look at the exchange’s security features to see how much of its assets are stored offline in cold storage, whether it has private insurance, and whether it is part of a bug bounty program that encourages ethical hackers to report any weaknesses. You can also find out if the exchange has ever been hacked.

Customer service

If you are new to cryptocurrency investing, you need 24/7 customer support. No one wants to read pages of FAQs to get help because the money hasn’t arrived in their account.

Cryptocurrency Range

There are over 4,000 cryptocurrencies, but even the major exchanges only offer between 50 and 150 coins. On most platforms, you’ll probably be able to buy Bitcoin and one or two other major currencies. But if you’re looking to buy a specific currency or plan to invest in some of the smaller coins, you’ll want to have a wider range of cryptocurrency options.

Convenience and ease of use of mobile applications

Cryptocurrency apps are growing rapidly as more people want to invest in them. However, sometimes this rapid growth comes at the expense of user friendliness. Make sure the app has the features you want to use, and if you’ve never traded before, choose one that’s beginner-friendly.

Fees

Paying unnecessary fees is throwing money away, no matter if you choose a bank, brokerage, or the best app when buying cryptocurrency. Before opening an account, check how much it costs to deposit/withdraw funds and trade. It’s also worth checking the withdrawal and deposit options and making sure they work for you.

Useful information and training

Cryptocurrencies are a relatively new investment, so the more you know about them, the better. Some apps include cryptocurrency education centers, as well as information about specific coins.

Interest accrual

Several cryptocurrency exchanges offer ways to earn interest on your coins. Make sure you understand what they are and that it is of particular interest to you. The exchange may lend you your money or pay the staking fee for you if you agree to leave your coins alone for a certain period.

Real time data

Cryptocurrency markets are constantly in flux. You can wake up and see one coin soar 25% or lose half its value. Keeping your finger on the pulse of the crypto market means having up-to-the-minute information, because data becomes outdated much faster than stocks or fiat currencies.

Whether you’re looking for a comprehensive cryptocurrency trading platform or a simple tracker that lets you see how your favorite coins are doing, look for real-time data and information. This ensures that you’re not using outdated information to make trading and investment decisions.

Availability in your region

Availability isn’t a big concern if you’re just looking to learn more about cryptocurrencies using a news app or tracker. However, if you want to actively buy and sell cryptocurrency, make sure the app you’re interested in is available in your region.

The legality of Bitcoin and other cryptocurrencies is a hotly debated topic due to their decentralized nature and tax complications. A number of countries and states have banned unregulated exchanges that are easily manipulated, while others have imposed restrictions on the types of cryptocurrencies that can be bought and sold.

Before you spend too much on a fancy app, double check that it’s available where you live.

Best Trading Apps

Apps typically have simpler setup and login features than desktop platforms, making it less intimidating to get started with cryptocurrency. Here are some of the best cryptocurrency apps.

1. Best Cryptocurrency Pick: Binance
2. Best for Productivity – All Exchanges in One App: BuyCrypt
3. Best commissions: Whitebit
4. Best User Security: Kraken
5. Best Sign Up Bonus: Crypto.com
6. Best for Ease of Use: Gemini
7. Best Adaptation for Eastern European and CIS Market: Kuna

1. Best Cryptocurrency Choice: Binance

The Binance mobile app is a versatile and secure platform that allows users to buy, sell, and store cryptocurrencies like Bitcoin, Ethereum, Chainlink, Polkadot, Cardano, Binance Coin, and many more with some of the lowest fees in the industry.

The app also provides access to a comprehensive platform where users can access a wide range of crypto products such as staking, lending, shopping, participating in Binance Launchpad, earning rewards, and more!

Trading and investing on the go may seem like fun, but monitoring your activity is essential. Whether you have a small portfolio of coins or twenty bitcoins, trading on a crypto app can feel like a game.

The Binance app has a lot of features beyond mobile trading, and it is good to note that most professional traders do not recommend using a mobile device as your primary trading tool.

The Binance app is available for Android and iOS users and is one of the most popular crypto apps. It is not entirely beginner-friendly due to the sheer number of features and functions, so we suggest navigating the interface until you get the hang of the basics.

With the highly secure Binance app, you can buy, sell, trade, stake, and HODL your cryptocurrencies. You can transfer money to a digital wallet, to another exchange, or use cryptocurrency to pay for goods or services. 

When you’re ready to get started, you can use the mobile app to deposit funds and choose your favorite cryptocurrencies. 

To download the Binance app, you can visit the Google or Apple store or scan the QR code on the Binance website. 

Advantages of Binance

• Wide range of functions

Binance offers one of the widest range of features of any mobile cryptocurrency app.

• Ease of use

The application is intuitive and easy to use even for beginners.

• Safety

Binance is a secure platform with multiple layers of security to protect your funds.

• Liquidity

Binance has one of the highest trading volumes of any cryptocurrency exchange, meaning you can easily buy and sell cryptocurrency.

• Customer support

Binance offers 24/7 customer support in multiple languages.

Disadvantages of Binance

• Not available in some countries

Binance is not available in some countries due to regulatory restrictions.

• Limited learning abilities

There are no educational materials or trading tools in the Binance app.

• Customer support issues

Some users have reported issues with Binance customer support.

2. Best for Productivity – All Exchanges in One App: BuyCrypt

Ukrainian startup BuyCrypt unites all crypto exchanges in one application. When BuyCrypt collects all exchanges, the question of finding the best application for trading cryptocurrency will disappear, as it will allow working with all exchanges in real time through one application account.

At the moment, the terminal offers integration with four exchanges – Binance, HitBTC, OKEx and Coinbase. In the future, the developers promise to add all the most popular crypto platforms.

Among the functions being tested are trading, viewing your own assets, and the ability to withdraw them if you set the appropriate settings. One of the useful options of the application is the Panic Sail command. It allows traders to enter stablecoins if necessary. For investors engaged in futures trading, a convenient change of direction from long to short is provided, as well as a break-even exit (a function for simultaneous exit to the BU for all positions is being prepared for release). Install the application for Android and IOS:

The application also features easily customizable smart notifications. The developers talk about the ability to choose which notifications will be sent to your smartphone. It is enough to specify the assets of interest, price ranges and other key parameters for a specific trader.

The BuyCrypt team also takes a responsible approach to security issues. Regulated access to assets is configured using an API key. Beta testing is available after registration, which takes a minimum of time.

To create an account, you must provide a phone number or e-mail. The user then generates API keys on the exchanges and uses them to integrate accounts on trading platforms with the BuyCrypt profile.

In addition to the features that simplify trading, the team also developed copy trading based on its own token utility, which is widely used in the application and helps increase profits for traders. The token circulates in a limited amount, which can be earned by completing tasks, using the application’s functions and winning tournaments. Follow the updates on the official website buycrypt.com .

Benefits of BuyCrypt

• User-friendly interface

BuyCrypt provides the most convenient interface for traders. All buttons are located so that it is convenient to use the application on a smartphone. The absence of unnecessary information makes it easy to use.

• Simultaneous access to multiple exchanges

The app allows trading on several crypto exchanges at the same time. Binance, HitBTC, OKEx, and Coinbase are currently available, and the developers promise to add even more popular exchanges in the future.

• Additional options

BuyCrypt offers a Panic Sail button that allows you to instantly exit stablecoins. Futures trading is also conveniently optimized.

Disadvantages of BuyCrypt

• Limited number of exchanges

There are currently only four platforms available for integration. However, this is because the application is in beta.

• Beta version

BuyCrypt currently only offers a beta version, but during testing by most users, no bugs or slowdowns were detected.

3. Best commissions: Whitebit

WhiteBIT was founded in Ukraine in 2018 and has since attracted over 4 million users to the platform. It is also the official cryptocurrency exchange of FC Barcelona, ​​one of the most popular football clubs in the world.

The platform offers users a mobile app for iOS and Android in addition to its website platform, both of which allow traders to access over 270 digital assets in over 350 trading pairs with access to margin trading and futures.

There are also 10 fiat currencies accepted to fund your exchange account, including USD, EUR, and GBP. In addition to a fairly wide selection of cryptocurrencies, WhiteBIT also offers its own WhiteBIT coin (WBT Coin), which provides users with many benefits, as well as the WhiteBIT Earn program.

WhiteBIT Advantages

• Licensed platform

WhiteBIT is licensed and provides a safe environment for trading.

• Lots of functions

In addition to trading, the exchange offers exchange, codes and demo trading.

• SMART staking

Possibility of passive income from investments.

• Low fees

The commission for spot transactions does not exceed 0.1%2.

Disadvantages of WhiteBIT

• Limited number of supported cryptocurrencies.
• Beta version of the application.

4. Best User Security: Kraken

Kraken is one of the oldest and most trusted crypto exchanges, founded in 2011, providing extensive cryptocurrency trading opportunities and known for its unparalleled security measures. The exchange uses advanced security technologies, undergoes regular audits, and has insurance protection for user deposits.

It is the only major exchange that has never had a security breach and ranks first in security ratings by independent research firm Certified.

The Kraken app is one of the largest and most popular cryptocurrency exchange apps.

Advantages of Kraken

• Safety

High security standards and regulatory compliance ensure the protection of user assets and data. The level of security is ensured by two-factor authentication (2FA), data encryption and cold storage of assets.

• Wide range of cryptocurrencies

Support for multiple cryptocurrencies, including Bitcoin ( BTC ), Ethereum (ETH), Litecoin (LTC), and many other altcoins. Kraken offers over 50 tradable cryptocurrencies, which is more than many other exchanges.

• High liquidity

The exchange offers high liquidity for most cryptocurrency pairs, ensuring fast order execution.

• Futures and Margin Trading

Ability to trade futures and use margin trading with borrowed funds.

• Fiat support

Possibility of deposit and withdrawal of funds in fiat currencies such as USD, EUR and others.

• Staking

Support for cryptocurrency staking to generate passive income.

• Convenient design of the application

An easy-to-navigate platform makes Kraken a great choice for those new to the cryptocurrency scene. The interface is user-friendly and intuitive, making it suitable for both new and experienced traders. Apps are available for iOS and Android, allowing users to trade and manage their assets on the go.

The charts and analysis tools provided in the app allow users to analyze the market and make informed decisions.

• Customer support

24/7 customer support via chat and email, as well as an extensive knowledge base on the site.

• Educational resources

Kraken offers a wide range of educational resources to help you learn more about cryptocurrencies and trading.

Disadvantages of Kraken

• Difficulty for beginners

Despite the intuitive interface, many features and options may seem complicated for those completely new to crypto trading.

• Speed ​​of work

During periods of high market volatility, the platform may experience slowdowns or delays in order execution.

• Verification process

Strict verification requirements can take a significant amount of time, which can be inconvenient for new users.

• High commissions

Trading and withdrawal fees can be higher than some competitors, especially for smaller traders.

• Not available in some jurisdictions

Kraken is not available in some countries, including the US.

• Limited fiat currency support

Kraken supports a limited number of fiat currencies for deposits and withdrawals.

• Not the fastest withdrawal

Kraken may take some time to process withdrawal requests.

5. Best Sign Up Bonus: Crypto.com

Crypto.com is a Singapore-based global cryptocurrency exchange that launched in 2019. It not only offers an app, but also its own Crypto Pay, Crypto Earn, Crypto Credit, Crypto.com Exchange, and DeFi Wallet.Crypto.comwants to accelerate the general adoption of cryptocurrency, and its wide range of products can help you get started.

The platform recently partnered with Visa, so you can spend your cryptocurrencies anywhere Visa is accepted and earn up to 8% cashback. Get verified in less than 5 minutes, and you can open an account for free. The platform offers 24/7 customer support.

Advantages of Crypto.com

• Many cryptocurrencies

Crypto.com offers around 250 digital assets including Bitcoin, Ethereum and other popular coins.

• Margin trading

The platform provides margin trading capabilities, which attracts experienced traders.

• Visa Debit Card

CRO token holders can use the Crypto.com Visa debit card to make cryptocurrency payments.

Disadvantages of Crypto.com

• High commissions

Spot trading fees start at 0.075% for both buyers and sellers.

• Limited number of supported cryptocurrencies.

6. Best Easy to Use Trading App

Gemini is a cryptocurrency exchange and digital asset management platform founded by the Winklevoss brothers in 2014. It provides users with a secure and regulated way to trade cryptocurrencies.

You can build your crypto portfolio and implement your trading strategy with Gemini’s easy-to-use tools. The Gemini app provides you with the best cryptocurrency exchanges and wallet. You can track asset prices and market prices in real time, anytime, anywhere.

The app makes it easy to set price alerts so you can quickly react to price movements in individual assets. Schedule recurring purchases of Bitcoin and other cryptocurrencies to take long positions in the crypto markets . Gemini also boasts excellent cybersecurity and cryptocurrency storage solutions.

Gemini Advantages

• Reliability and safety

Gemini has a good reputation and a high level of security.

• Diversity of cryptocurrencies

The platform supports many cryptocurrencies.

• Ease of use

Gemini’s interface is quite intuitive.

• FDIC Insurance

Users’ funds on the exchange are insured.

• New York Regulated Trust

This adds an extra level of trust.

• Block Trading

The ability to make large transactions.

• Simple financing in US dollars

User-friendliness.

Disadvantages of Gemini

• Limited asset coverage

There are a limited number of cryptocurrencies available on Gemini.

• High commissions

Some users complain about high fees.

• US Dollars Only

The main currency on the exchange is US dollars.

• Limited schedule

Some features may not be available at certain times.

7. Best adaptation for the Eastern European and CIS markets: Kuna

Kuna is a Ukrainian cryptocurrency exchange targeting residents of Eastern Europe, including Ukraine.

The main feature of the Kuna application is its focus on local markets of the CIS countries. The application provides unique opportunities and services adapted to the needs of this market.

Advantages of Kuna

• User-friendly interface

Kuna provides a Russian-language interface with help and technical support. There is no need to pass verification to trade.

• Fiat gateway

You can top up your account in hryvnia and rubles directly from your bank card, and also withdraw UAH and RUB to your card.

• Many additional services

Kuna offers a mobile app, a Telegram bot, and the option to purchase a premium account with more favorable trading conditions.

Disadvantages of Kuna

• Limited features for experienced traders

The app may not provide advanced features such as margin trading or futures, which may limit the capabilities of experienced traders.

• High commissions

Trading and withdrawal fees may be higher than some international competitors.

• Limited selection of cryptocurrencies

While major cryptocurrencies are supported, the selection of lesser-known altcoins may be limited.

• Complex verification process

As with many other platforms, the verification process can be lengthy and require the provision of personal information, which may not be to the liking of some users.

How to make the right choice

Choosing a cryptocurrency app can be a challenging task given the variety of options available and factors to consider.

This largely depends on your specific needs and preferences. Based on the above criteria, you will be able to make an informed choice and select a platform that is reliable, convenient and safe to use.

It is important to understand that cryptocurrency is decentralized by nature, and few cryptocurrencies are currently regulated by any oversight body. This means that investing in cryptocurrency can result in losing a large amount of money very quickly. 

Remember to only invest what you are willing to lose and diversify your portfolio if you plan to buy and sell cryptocurrency.