Top 15 Crypto Apps for for Beginners in 2023
Do you want to invest in cryptocurrency and be part of this 2023 crypto bull run? Choosing the best crypto apps for your trading journey is significant. Another crucial point is to differentiate between trustworthy and fraudulent apps for crypto trading. Whether you’re a beginner or a trained investor, this review will help you discover the finest crypto apps of 2023, with evaluation-based features like trading options, ratings, and fees. Read out to learn more about secure cryptocurrency apps.
The List Best Crypto Trading App in 2023
eToro is our top pick for free crypto mining apps in 2023, as it stands out for fee-free deposits and withdrawals for US clients. It has a user-friendly interface and a wide range of trading options with over 3,000 investment choices. While it charges a 1% fee on crypto purchases, its regulatory compliance and social trading features make it an excellent choice for beginners.
OKX is the leading crypto app for its low fees and versatile features. Offering both centralized and decentralized exchanges, it is best for privacy-conscious investors. With 350+ tradeable cryptocurrencies, including emerging options, and features like staking and customizable trading bots, OKX is a comprehensive platform. Its user-friendly app and competitive trading fees make it a top choice in the crypto world.
Pionex is a top crypto trading app in 2023, offering 16 free-to-use trading bots. These bots provide valuable automation for cryptocurrency trading, with options like grid trading and arbitrage. Pionex has a user-friendly interface, no minimum deposit requirement, and charges a low 0.05% trading fee.
It’s available on both Android and iOS, making it accessible to a wide range of users. Additionally, beginners can benefit from its informative website and free data resources.
Binance is the world’s largest cryptocurrency exchange, with a daily trading value of over $10 billion. With reduced fees, it offers access to 600+ cryptocurrencies, including the utility token BNB. Binance is perfect for both beginners and experts. You can get broad trading experience with features like spot trading, leverage trading, staking, NFT marketplace, and copy trading.
The mobile app offers the same desktop version, a user-friendly lite mode for newcomers, and advanced tools for seasoned traders. Binance accepts various deposit methods, making it accessible to a global audience.
Coinbase – one of America’s leading crypto exchanges and publicly listed in US stock exchanges with a user-friendly interface and compliance with regulations. It offers a range of over 200 cryptocurrencies, making it perfect for beginners and advanced traders. Even Coinbase Earn offers users to get free crypto during blockchain learning.
Trading fees are volume-based, but with NFT, it is free of cost. It’s among the best crypto buying apps, fully deposited backed, and publicly listed.
This crypto app is a versatile choice that supports trading in 130+ national currencies, stocks, and precious metals. While its crypto selection is limited, it covers major tokens. The autopilot feature facilitates recurring limit orders or scheduled investing, reducing the crypto market’s unpredictable changes.
Its trading fees include spreads (difference in offer and bid price) (0.8% to 1.2%) with a 15% commission for staking rewards. Uphold’s user-friendly interface makes it perfect for beginners and intermediate investors.
Another user-friendly and best crypto app that became popular in 2021 with 50 million users. Crypto.com offers 250 cryptocurrencies, NFTs, and gaming coins like SAND and AXIE. Standard spot and margin trade fees start at 0.075%, while NFT resales have a 1.99% fee. This app is best for beginners as it guides users to create or import a crypto wallet, select avatars, and begin trading or accessing other features effortlessly.
The Kraken crypto app was launched in 2013 and now serves North America with regulatory compliance. It offers up to 5x leverage on spot trades and a selection of 65 cryptocurrencies, which is a limitation.
The app supports layer-2 scaling solutions, enabling instant and low-cost withdrawals. It prioritizes security through proof of reserves audits and provides 24/7 customer support and educational resources.
One of the legit crypto mining apps launched in 2014 stands out for its top-tier security and New York regulatory compliance. It offers FDIC insurance on USD deposits and hot wallet insurance for cryptocurrencies. With a selection of 100+ assets, including Bitcoin, Ethereum, and its stablecoin GUSD, it’s perfect for all levels of traders
Its mobile app is user-friendly and includes advanced charting tools. You can also invest in cryptocurrency at various retailers through its partnership with Flexa. However, it charges a slightly higher fee, starting at 1.49% for transactions over $200.
Huobi is a well-known crypto exchange app in Asian markets with a range of features and 400+ cryptocurrencies. The exchange provides margin trading, derivatives, limit/stop orders, and institutional services like OTC and dark-pool trading. You can also code custom trading bots using the Huobi API. While the mobile app offers a user-friendly interface, it’s worth noting that it’s not available in the USA.
SoFi is a basic crypto trading app known for its banking features, with 30 recognized tokens, making it suitable for beginners. It imposes a daily trading volume limit of $50,000, perfect for those new to crypto. However, it may feel restrictive for advanced users.
Its trading fees include a 1.25% markup per transaction, making it accessible for newcomers. SoFi is also one of the perfect crypto mining apps for Android users on the Play Store.
Robinhood is a renowned app in the crypto market for its zero-commission stock trading. Beyond this, it offers a user-friendly platform for investing shares, stocks, and cryptocurrencies. However, it has trading restrictions and no access to mutual funds. It offers a 30-day free trial of the Robinhood Gold Service. Available for Andriod and Apple users – a popular choice for investors.
Webull is renowned for stock trading and has expanded into cryptocurrency – making a position among good crypto apps. Tutorials within the app are helpful for beginners, and advanced tools like real-time customizable charts help in research. While Webull has no mutual funds, it charges a spread markup of 1% (100 basis points) with commission-free transactions
Firstrade excels in several areas, including its variety of trading platforms user-friendly, and its cost-effective options trading without per-contract fees. However, it falls short regarding investment choice, needing more forex or futures options trading, and customer support. Nonetheless, it offers ample options for retirement investors. Firstrade is an excellent choice for beginning investors, mutual fund investors, options traders, and international investors.
TradeStation Crypto charges lower fees, 0.3%, compared to most cryptocurrency exchanges, and it is easy to transfer cryptocurrency to a personal wallet. However, the drawback is fewer cryptocurrencies. But it’s a good option for cost-effective crypto trading and is flexible
Must read about Top 10 Useful Apps!