The crypto market has been growing more and more popular ever since the invention of Bitcoin over a decade ago. However, its popularity truly blew up back in mid-2017, when the price of Bitcoin skyrocketed, which affected every other coin out there. These days, the prices of different cryptos may be down, but the popularity of the crypto space remains, as well as the huge number of coins available for trade.
To make the trading easier and more accessible, several services developed crypto trading apps for smartphones as well. These apps allow users to track their favorite coins at any time, wherever they may be and take a number of actions as well. This was deemed necessary as crypto trading represents the main method of making money for a lot of people around the world. Many of them do it on the road, which is why it is important for them to always have access to the market.
Of course, there are some aspects that traders need to check and keep in mind when choosing which app or service to go for. The first thing to decide on is which platform to choose, as they need to make sure that the platform has a mobile version. Next, there are things such as the app's functionality, the crypto trading program, as well as various features that the app offers.
Installing the apps is usually easy enough, with all that traders need to do is download them from the App Store or Play Store and log into their accounts. However, traders also need to choose the app based on its security features, including the existence of 2-factor authentication.
Top iOS And Android Cryptocurrency Trading Apps
Here are the five most popular trading apps available right now.
Binance is the largest crypto exchange in the world, with over 10 million users from all corners of the globe. It is used by professionals and newcomers alike, and its user base still continues to grow, as the crypto trend continues to expand. The platform has proven to be stable, secure, and very user-friendly, which includes its desktop and mobile versions. It features numerous trading pairs, and it makes it quite easy for traders to buy or sell coins through a simple process.
Furthermore, the platform also features its own native token, called Binance Coin (BNB). The coin has seen a lot of usage ever since its launch, as traders who use it enjoy a significant discount when it comes to trading fees. Generally, Binance is seen by many as the best choice for those searching for a good trading experience.
While Binance may dominate the world's crypto trading scene, Coinbase is the most popular crypto exchange in the US, with a high trading volume and an excellent reputation. Its app is built around Bitcoin, and it is also very easy to use, which made it quite popular among those who have access to it. While the company is based in California, it also offers access to users around the world, although it is still not available in every country. Still, the exchange has over 7 million active users worldwide, making it among the top exchanges on a global level as well.
While the website offers a number of functionalities, the smartphone app features even more different functions, and it is available for iOS and Android alike. Apart from Bitcoin, the service also allows traders to work with a few other coins, including Ethereum, Litecoin, Basic Attention Token, and more.
Traders can also buy coins via a direct bank transfer or a credit card. However, one feature that makes Coinbase very popular is the ability to trade at short rates.
Blockfolio is another great app that allows users to track numerous digital currencies and get reliable information as soon as possible. Many consider it to be the best and most convenient app for tracking prices. For crypto traders, it is of utmost importance to have precise information about their chosen coins, which is exactly what Blockfolio offers, which makes it the most popular app of this kind today.
Typically, if a user has accounts on different exchanges, as well as several wallets, all of which contain different coins, it would be extremely difficult for them to keep track of their entire portfolio at the same time. However, Blockfolio allows them to do just that, and the process is as simple as adding the desired coin on the list, after which the app will provide all the available details for these coins.
The speed of reacting to market changes is a vital aspect of crypto trading, and thanks to Blockfolio, traders will never have to go through numerous exchanges in order to keep track of their coins again.
Next, there is TabTrader, which is an app that allows exchange traders to do their trading at any time via nothing more than their smartphone. The app manages trading on various exchanges through the use of API keys. This means that traders who use several exchanges can connect them all and perform trading operations via a single app. The app also has other functionalities, such as the ability to analyze crypto prices and carry out all necessary technical analysis.
TabTrader already supports most of the large exchanges, as well as all of the trading pairs available on those exchanges. As mentioned, all that users need to have is an account on the exchanges they wish to trade at, and TabTrader can link them all to its app. As a result, traders can do all of their trading from a single place, without the need to go from one exchange to another every time there is a shift in the market.
Furthermore, the app cannot affect the users' assets, be they crypto or fiat, meaning that users are not in any danger of leaving their funds unsecured.
Finally, there is zTrader, which is a mobile app that allows users to trade on various exchanges, with more than 100 altcoins already integrated. The app also already includes over 20 trading platforms, which allows users to quickly and easily manage their accounts from a single app. However, it should be noted that this app is currently only available for Android users, although the iOS version should arrive at some point as well.
zTrader is currently one of the most popular tools used by traders around the world due to its convenience. Traders can reach 20 different exchanges with a single account, which makes it easy to manage their funds without having to have 20 different apps for every service.
The app also comes with a variety of features, such as the ability to display the entire portfolio balance, new crypto-related data, open orders, and much more. Users can even enable alerts when prices reach the desired mark so that the app will notify them when to start trading.