Six Mobile Apps for Trading Cryptocurrencies Like Bitcoin, Dogecoin, and Ethereum

Want to trade cryptocurrency on the go? These six apps can be found on Android or iOS, and they will keep you connected to your crypto wallet wherever you are.

The possibility of building fully decentralized financial systems and the rapid expansion of the cryptocurrency market are attracting more and more investors outside the banking sector.

Cryptocurrencies like Bitcoin and the myriad altcoins that have followed suit have recently hit record highs. But skyrocketing prices don’t mean the crypto market is losing its volatility. If you’re going to make the most of your crypto assets, you need to be able to trade your coins no matter where you are. That’s where these five apps come in handy. Each is available on both iOS and Android.

If you plan to trade cryptocurrencies, keep in mind that crypto exchanges are not always safe and stable, even if they are trustworthy and have a good reputation. Cryptocurrencies are a favorite target for cybercriminals, so be sure to read the rules of trading before investing money that can be irretrievably lost.

Binance Mobile App

Binance is the largest cryptocurrency trading marketplace by volume and has a reputation as a safe place to buy and sell Bitcoin and other altcoins, of which it has over 200 in its portfolio.

Binance says its app protects its users with a Secure Asset Fund, which is a cold wallet (not connected to the internet) that receives 10% of all trading fees that Binance receives. The app also offers savings and claims to generate returns of over 5%.

The Binance mobile app is a convenient tool that allows you to trade cryptocurrency wherever you are.

The application’s features include:

Ease of use

• Simple and intuitive interface that is suitable for both beginners and experienced users.
• Access core Binance exchange features such as trading, staking, and P2P trading directly from your mobile device.
• Support for multiple languages , including Russian.

Functionality

• Buy and Sell Cryptocurrency: You can easily buy and sell a wide range of cryptocurrencies using fiat currencies or other cryptocurrencies.
• Support for fiat currencies including USD, EUR and RUB.
• Various order types including market, limit and stop orders.
• Advanced charts with indicators and tools for technical analysis.
• Spot Market Trading: Place orders to buy and sell cryptocurrencies at current market prices.
• Margin Trading: Increase your trading potential using borrowed funds.
• Futures Trading: Trade cryptocurrency futures contracts.
• Staking: Earn passive income by staking your cryptocurrencies.
• P2P Trading: Trade cryptocurrency directly with other users without intermediaries.
• Binance Earn: Earn interest on your crypto assets using different products.

Safety

• Multi-level security system that protects your funds from unauthorized access.
• Support for biometric authentication such as Face ID and Touch ID.
• Ability to set up additional security measures such as two-factor authentication (2FA).

The Binance app has a “lightweight” interface that is marketed as being designed for beginner crypto traders, so if you are new to the world of crypto trading, this could be a good choice.

The Binance app is available on iOS and Android platforms. There is also a trading course .

Coinbase Mobile App

Coinbase, another of the largest cryptocurrency trading platforms , has a smaller number of coins but offers a number of security features and also offers new users $5 in Bitcoin when they sign up and verify their identity.

Coinbase supports Bitcoin , Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, Basic Attention Token , 0x, and USD Coin, and trading only requires linking a bank account or debit card. It also offers smart tools that provide coin price updates, news, and the knowledge base you need to know about cryptocurrencies and how to trade them.

Coinbase bills itself as a bank-level security system and even allows users who lose their devices to disable the Coinbase app to prevent account theft.

The Coinbase mobile app is often praised for its ease of use and intuitive interface.

Ease of use

• The application has a simple and intuitive interface that is easy to use for both beginners and experienced users.
• Available in multiple languages.
• Supports various security features such as two-factor authentication and biometric authentication.
• Active customer support available via chat, email and phone.

Functionality

Buying and selling cryptocurrencies:

• Supports over 150 cryptocurrencies including Bitcoin, Ethereum, Litecoin, Dogecoin and many more.
• Simple interface for quick buying and selling of cryptocurrency.
• Possibility to set limit orders, market orders and stop orders.
• Support various payment methods including bank transfers, debit cards and credit cards.

Sending and receiving cryptocurrency:

• Easily send cryptocurrency to other Coinbase users or external wallet addresses.
• Receive cryptocurrency from other Coinbase users or external wallet addresses.
• QR code support for quick and easy scanning of wallet addresses.

Storing cryptocurrency:

• Safely store your cryptocurrency in the Coinbase wallet.
• Access your crypto funds 24/7 from anywhere.
• Supports Coinbase Vault feature for added security.

Market monitoring:

• Track cryptocurrency prices in real time.
• View charts and indicators to make informed trading decisions.
• Get cryptocurrency market news and updates.

Education:

• Learn about cryptocurrency and blockchain with Coinbase’s educational resources.
• Take quizzes and earn cryptocurrency.
• Read articles and news about cryptocurrency.

Application Security

• Coinbase is a reputable company that meets strict industry security standards.
• The app uses various security features to protect users’ funds, such as encryption, cold wallet storage, and transaction monitoring.
• Coinbase insures user funds for up to $250,000 in the event of theft or loss. The Coinbase app is available for iOS and Android.

Robinhood Mobile App

Stock and crypto trading app Robinhood faced backlash in early 2021 when it froze sales of GameStop shares amid a Reddit-fueled surge, and also recently crashed during the Dogecoin price rally.

Despite its problems, Robinhood is a user-friendly app for seasoned and new traders alike, with support for both cryptocurrency trading and regular stock trading. Bitcoin, Bitcoin Cash, Bitcoin SV, Dogecoin, Ethereum, Ethereum Classic, and Litecoin are all available for trading without a fee on the app.

Robinhood Mobile App Functionality

Trade:

• Buy and sell stocks, ETFs, options and cryptocurrencies without commissions.
• Access a wide range of assets including US stocks, international stocks, ETFs, options and cryptocurrencies.
• Possibility of placing margin orders and option strategies.
• Access to research reports and market news.
• Create personalized watchlists and price alerts.

Account management:

• View your account balance, transaction history and positions.
• Transfer funds to and from your account.
• Setting up automatic deposits.
• Gaining access to tax documents.

Other features:

• Free investment training.
• Social features that allow you to communicate with other investors.
• Personalized investment recommendations.

Robinhood Mobile App Usability

• Simple and intuitive interface.
• Fast and easy execution of transactions.
• Access to a wide range of features and tools.
• The application is available on iOS and Android.

Robinhood Mobile App Security

• Robinhood uses data encryption to protect user information.
• The app offers two-factor authentication for added security.
• Robinhood is FDIC insured up to $250,000 per deposit account.

However, it is important to note that Robinhood has been criticized for some of its practices, such as:

• Gamification: The app’s interface can be game-like, which can encourage users to engage in risky behavior.
• Lack of Some Features: Robinhood does not offer some features that are available in other trading apps, such as advanced orders and research.
• Customer Service Issues: Robinhood has been accused of poor customer service.

Overall, Robinhood is a functional, user-friendly, and secure trading app that is suitable for both beginner and experienced investors. However, it is important to be aware of some of its drawbacks before opening an account.

One last thing to note: If you want the ease of investing in cryptocurrency without having to know about wallets and other technical aspects, this app is worth a look, but you can’t actually withdraw cryptocurrency from Robinhood, you can only buy and sell it. So if you’re looking to take your crypto out of an exchange and store it in a local wallet, Robinhood is not for you.

The Robinhood app is available for iOS and Android.

SoFi Mobile App

SoFi is not just a trading app , and it doesn’t just offer stocks in addition to cryptocurrency. It’s more like an all-in-one money management app for investing, using bank and credit cards.

Sofi offers cryptocurrency, stocks, fractional shares, ETFs, IPOs, a debit card, credit monitoring, loans, and even offers a claw game for new accounts with a potential $1,000 prize. Points earned from purchases with the Sofi debit card can even be redeemed for cryptocurrencies like Bitcoin and Ethereum.

If you want to invest without having to micromanage your assets, Sofi offers automated investing that uses algorithms to identify the best opportunities to turn your investments into profits.

Functionality

          Financial Management:

• Track your account balances and transaction history
• Paying bills and transferring funds
• Deposit checks using your mobile device
• Get paid two days early with direct deposit
• Create budgets and track expenses
• Setting up automatic savings
• Getting cashback for purchases Investment:
• Trading Stocks, ETFs and Options
• Creation of investment portfolios
• Automatic investing
• Gain access to research reports and market data
• Registration of loans for investments Obtaining loans:
• Applying for personal, student and home loans
• Track and manage loans
• Making payments on loans Other functions:
• Get personalized financial advice
• Contact Customer Support

Ease of use

• The SoFi app has a simple and intuitive interface that is easy to learn.
• Navigation is simple and intuitive.
• The functions are easy to find and use.
• The application is available on iOS and Android devices.
• Users can access their SoFi account through a web browser.

Safety

• SoFi uses a variety of security measures to protect user information, including encryption, two-factor authentication, and access controls.
• The company meets strict industry data security standards.
• SoFi has been approved by the Federal Deposit Insurance Corporation (FDIC) to protect funds in customer accounts.

Overall, the SoFi mobile app is functional, user-friendly, and secure. It offers a wide range of features to help you manage your finances, invest, and borrow. The app has a simple and intuitive interface, making it convenient for users of all skill levels. SoFi also takes security seriously, using a variety of measures to protect user information.

The SoFi app is available for iOS and Android.

Gemini Mobile App

Gemini, founded by the Winklevoss twins, is all about security. Access requires two-factor authentication for all accounts, stores most deposits in offline, air-gapped cold storage (assets in hot storage are insured), and uses least-privilege principles to manage access in its operating environment. Additionally, its hardware security modules generate and store keys in-house and require “the coordinated efforts of multiple employees to operate,” and its exchange operations were the first to receive SOC1 type 1 and SOC 2 type 2 certifications. In short, Gemini’s security is probably among the best in the cryptocurrency market.

Gemini also has a service called Gemini Pay that allows users to spend cryptocurrency at over 30,000 stores in the US.

Functionality

Buying and selling cryptocurrency:

• Wide selection of cryptocurrencies including Bitcoin, Ethereum, Litecoin, Dogecoin and others.
• Easy purchase and sale of cryptocurrency for fiat money (USD, EUR, GBP, etc.).
• Support various payment methods including bank transfers, credit cards and debit cards.

Storing cryptocurrency:

• Secure storage of cryptocurrency in Gemini Custody™.
• Support for the Gemini Earn feature, which allows you to earn interest on your cryptocurrency.
• Possibility of withdrawing cryptocurrency to other wallets.

Cryptocurrency trading:

• Access to advanced trading features such as limit orders, market orders and stop orders.
• View charts and indicators in real time to make informed trading decisions.
• Track your trading history and portfolio.

Other functions

• Set up notifications about prices and changing market conditions.
• Educational materials and resources for learning about cryptocurrency.
• Multi-level customer support.

Ease of use

• Simple and clear interface, convenient for novice users.
• Fast and efficient execution of transactions.
• Access application functions via biometric authentication.
• Support for multiple languages.

Safety

• Gemini uses a variety of security features to protect user funds, including two-factor authentication, encryption, and offline storage.
• The company regularly undergoes independent security audits.
• Gemini has an insurance policy in case of loss of cryptocurrency.

Overall, the Gemini mobile app is a functional, convenient and secure way to buy, sell, trade and store cryptocurrency.

It is important to note that:

• Availability of app features may vary by region.
• Before using the Gemini app, you must read its Terms of Use and Privacy Policy.
• Cryptocurrency investments are associated with risks.

The Gemini app is available for iOS and Android.

 Huobi Global Mobile App

Huobi Global is one of the world’s leading cryptocurrency exchanges, founded in 2013. It offers a wide range of services for traders.

The exchange is known for its:

Reliability – the exchange has a large trading volume and a reliable reputation.

Security – Huobi uses various security measures to protect users’ funds, including cold wallet storage, multi-level authentication, and hacking insurance.

Wide selection of cryptocurrencies – on the Huobi exchange you can trade more than 600 different cryptocurrencies.

Low fees – Huobi offers some of the lowest fees in the industry.

Convenient Mobile App – The Huobi mobile app makes it easy to trade cryptocurrencies on the go.

Functionality

• Trading: Buy and sell various cryptocurrencies including Bitcoin, Ethereum, USDT and many others.
• Spot Trading: Buy and sell cryptocurrencies at current market prices.
• Margin Trading: Trading using borrowed funds to increase potential profits.
• Futures Trading: Speculating on the future prices of cryptocurrencies.
• Huobi Earn: The ability to earn interest on your cryptocurrencies by depositing them or participating in liquidity pools.
• NFT : Buy, sell and create non-fungible tokens (NFTs).
• HTX: Decentralized exchange ( DEX ) for trading cryptocurrencies without intermediaries.

Ease of use

• Simple and intuitive interface: The application is designed to be easy to use for both beginners and experienced traders.
• Available in multiple languages: The app supports multiple languages, including Russian.
• Wide range of technical analysis features: Helps traders make more informed trading decisions.
• Mobile Notifications: Monitor cryptocurrency price changes and get notifications about important events.

Safety

• Cold Wallet Storage: Most users’ cryptocurrencies are stored in secure cold wallets that are inaccessible to online hackers.
• Multi-level authentication: Protect your account with a password, two-factor authentication (2FA), and other security features.
• Hack Insurance: Huobi has a $20 million insurance fund to protect user funds in the event of a hack.

Overall, the Huobi Global mobile app is a functional, convenient and secure tool for trading cryptocurrencies.

Huobi Global app is available for iOS and Android.