CoinMarketCap: Crypto News App

In this article, we will talk about the best cryptocurrency apps. What characteristics distinguish them and how to choose an app with which, for example, you can buy Ethereum or other cryptocurrencies.

Below is the updated ranking of some of the most important brokers in the world that offer a platform for cryptocurrencies and also the related trading app

Downloading an app to trade with cryptocurrencies by logging into the demo account (i.e. a simulation account) is quick and easy, but if you want to open a real account right away, we suggest you do this from your PC and only at a later time. download the app for your smartphone.

Do you like more than one cryptocurrency app?

If you are the type of user who likes to open multiple accounts (there is nothing wrong with doing so), the smart procedure we suggest you follow is this:

App per criptovalute Step by Step

Open an account with an exchange

Open an account with one of the most famous cryptocurrency exchanges mentioned on this page.

Open an account with a trading broker

Open an account with a trading broker like eToro which offers the possibility to copy other cryptocurrency traders and invest in balanced cryptocurrency portfolios

Download a management app

Download an app like Coin Stats - which we talk about at the end of the article - to manage everything in one place.

Are you ready to invest in Bitcoin, or to buy Ripple XRP which is the so-called cryptocurrency of the banks, or, again, to buy Cardano considered by many to be the green cryptocurrency and therefore with a high potential for the future or, ultimately, to invest in hundreds? of another lesser-known crypto as could Spark FLR or Shiba INU be the main competitor of the more popular Dogecoin?

t the end of each brief analysis of the platform you will see our overall rating regarding:

Amount of assets available

Ease of use

Safety.

Reviews of the best apps for investing in cryptocurrencies

Below we will indicate the main features of each app for investing in cryptocurrencies and the reviews of users who have tried them.

eToro

Being one of the first online trading platforms it has also been one of the pioneers in developing apps for its users. It can be downloaded on both iOS and Android systems and offers the possibility to use all the tools exactly as through the web platform. 

eToro behaves differently from cryptocurrency exchanges as it allows two types of operations:

As for the purchase positions, it allows you to buy the real asset at zero commissions. Through this operation, the user obtains the equivalent in cryptocurrency of the investment made. eToro buys the digital currency on behalf of the user. In this case, there is no application of financial leverage.

If you open a short-selling position instead, you will be using CFDs but also in this case without the possibility of entering the leverage. There will be no overnight fees if you keep the position open for the next day.

In some cases, eToro only offers the possibility to buy and not to sell (see for example Decentraland (MANA) or Shiba INU). However, it is always possible to know if we are trading through CFDs or buying real assets by seeing the purchase and sale amount exposed, if overnight costs are applied, etc.

Among the many cryptocurrencies with which eToro allows you to operate we find: 

Decentraland which has a destiny linked to the world of video game companies

Chiliz (famous for being the cryptocurrency used by socios.com and therefore associated with football teams)

a series of emerging cryptocurrencies such as Polkadot, Solana, Uniswap, Filecoin, Enjin, Atom, The Graph, 1Inch, Curve, Sushiswap, Quant, Polygon (Matic), Maker

Axie Infinity which is among the most popular cryptocurrencies has an important role in the development of investments in the metaverse.

In relation to cryptocurrencies, eToro allows not only to trade in the main cryptocurrencies but also in crosses between cryptocurrencies and fiat currencies (for example, you can trade with the XLM / CHF pair). No less important is the cross with raw materials (for now only between Bitcoin and gold). To access it, click on the filter at the top and select the desired option.

Another important service offered by eToro is cryptocurrency staking. That is a service offered exclusively to club members of the platform that allows them to earn on cryptocurrencies (only those that use the PoS, Proof of Stake mechanism) only for the fact of holding them without any specific action on their part. It is necessary to check for which cryptocurrencies it is valid in Italy.

The above applies to online cryptocurrency trading in Italy, the services offered by eToro in other countries may be different.

Other interesting services found in the eToro app are:

Social trading is perhaps the service for which this platform has become most important. The user has the ability to post, comment, follow and interact with users from all over the world.

Copy Trading, through this tool you can replicate the strategies of other more experienced users.

the Copy Portfolio, or baskets of assets classified according to the sectors to which they belong, the management of which is entrusted to experts from eToro or its Partners. Among them, there are several in Crypto. All this, even in the demo version. (click here.)

It is possible to view your portfolio and the online trading activities carried out on the PC. These will also be synchronized immediately in the app and vice versa.

Founded in 2016 with the aim of changing the way online investments are made, CAPEX.com has won numerous prestigious awards, including Best Trading Tools and Best Forex Educational Broker titles in 2020.

The company offers five bespoke accounts, but these are not a requirement to enjoy benefits such as multiple trading platforms, access to news resources, an education center, the brand's proprietary app, and more. Currently, the brand offers CFD trading on over 2,000 different assets, including stocksCapital.com is a cutting-edge and innovative CFD broker. It uses artificial intelligence to suggest personalized advice to traders so that their strategy is more efficient. However, this tool can only be used in the real account and not in the demo account. 

The app allows a minimum deposit of only $ 20 and, just like on the PC, you can operate on more than 204 cryptocurrencies, including the most popular.

A very interesting thing that is only found on the app and cannot be done from a PC instead, is to select the leverage. For example, for cryptocurrencies, you can decide whether to use 2: 1 leverage or exclude it (1: 1). Next to each term: leverage, overnight fees, dynamic spread, and type (of the instrument), there is also the possibility to see a video, for now only in English, showing the explanation.

In the app, you have the opportunity to access indicators and other tools in both live and demo accounts. It is always possible to monitor the assets of our interest through the watchlist, also available in the app.

Cryptocurrencies, forex, and more.

CAPEX.com recently announced its partnership with MAP FinTech, a provider of regulatory technology to the financial services industry to ensure safer and more reliable trading for its clients.

One of the most interesting features of Capex.com is the ability to build thematic, balanced, and differentiated portfolios through its QuantX platform.

Coinbase is one of the best-known exchanges in Europe. It too has a downloadable app on iOS and Android.

The Coinbase app is designed to provide a large number of services, from direct purchase to sale on the cryptocurrency market, and the ability to automatically manage the balance of the wallet.

Today Coinbase offers more than 4950 tokens, some still non-negotiable, which can be purchased with a balance in euros or dollars. The trading account can be replenished by debit, credit, prepaid card, or by bank transfer and PayPal.

Coinbase recently went public on the Nasdaq. Furthermore, the Pro version gives access to Dex (decentralized exchanges) for fast exchanges and lower transaction costs.

The platform does not offer a demo account. 

Let's say that the biggest advantage is the variety of cryptocurrencies that can be traded on and the possibility of an e-wallet that can also be verified offline. All this information is also represented in the app. If, however, you wish to diversify your portfolio, you may encounter better proposals in the options above by trading on other assets.

Binance, like Coinbase, is also one of the most relevant exchanges.

The Binance app is downloadable on both iOS and Android systems. The only drawback is that there are fewer services in the app than in the web version. Among these is the fact that with the Binance App it is not possible to trade in the DEX. The only opportunity is to always buy and sell at market prices. Through the app, it is possible to deposit and withdraw through payment methods such as bank transfers, credit cards, and digital payments.

It also has a very well-organized portfolio, which allows you to have access to the dollar value for all trades made. It is possible to withdraw both fiat money and each of the cryptocurrencies on an external wallet. Binance does not offer a demo account.

It is easier to think of Crypto.com as a cryptocurrency bank than a cryptocurrency exchange or broker. Of course, you can buy and sell cryptocurrencies, and you can also trade them with other users through your DeFi wallet.

What's more, you can also spend your cryptocurrencies with a prepaid Visa card, which makes it a good option for making crypto payments. You can get paid in crypto, put your money into an interest-bearing account, and - in some countries - get a crypto loan.

You can deposit money into your Crypto.com account via an electronic bank transfer or wire transfer without paying any fees.

Crypto.com offers five prepaid Visa cards. They can be used anywhere that accepts Visa, but you will need to top up them before you can spend any money.

After the first 30 days, Crypto.com charges a fee for cryptocurrency purchases by credit/debit card via its app. If you pay with a credit card, your card issuer may also charge a cash advance fee if you use it to buy cryptocurrencies.

Like most of the best cryptocurrency exchanges, Crypto.com makes it easy to convert fiat currencies to crypto. It accepts over 20 fiat currencies including USD, GBP, and EUR. And you won't have to pay large fees, although depending on your country of residence, you may find that you are limited to certain fiat currencies once you sign up.

Most user types (Kraken has four) allow you to be automatically verified in minutes. The highest level, Pro, can take several days as it requires a manual review of some documents. Once you are a verified customer, you can fund your account with fiat currency, such as US dollars, and start buying cryptocurrencies.

An important note: Kraken uses third-party companies to handle these fiat fund transfers, and each of these companies has different account funding fees, meaning you may end up having to pay a fee when you transfer your money.

In addition to having a vast number of fiat transfer options - which could be confusing - new investors may feel a little bewildered that there aren't many explanations on how to use the platform and the platform itself isn't very intuitive. It should probably be considered an app for intermediate users and not for beginners.

While the app does not currently allow debit or credit card payments, it does allow both Instant Buy trading and traditional trading using other payment methods.

It allows users to filter cryptocurrencies based on market cap ranking, name, price or percentage change in price within 24 hours. There's a single banner ad at the bottom of the app, and at the moment - annoyingly - there's no way to pay for an ad-free version.

The prices of the tokens themselves can be monitored 24/7.

CoinmarketCap is a great application with market cap and ranking, price alerts, candlestick charts, wallet tracker, currency converter including fiat, coin, and token news, and cryptocurrency comparison tools. From bitcoin to altcoins, you have accurate, real-time rates, news, and analytics in one place.

Quick and easy to get started. Simply create an account, add funds and start trading with over 20 supported cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Shiba Inu (SHIB), Solana (SOL), and more.

FTX also has an intuitive NFT marketplace that allows you to collect and even mint NFTs in just a few clicks. Easily discover unique art and collectibles to add to your portfolio.

FTX uses industry-leading security solutions, including a custom-built hot and cold wallet solution. The security of your account is ensured by careful monitoring of all suspicious login activity.

Great app for tracking the prices of Bitcoin, Ethereum, Litecoin, and over 3,000 altcoins from over 100 exchanges. You can automatically synchronize your favorite exchanges and wallets by connecting them with your Coin Stats account and seeing everything in real-time in the app.

It has an advanced filter and you can access the latest data on any cryptocurrency, link to their website, Reddit, Twitter, and read updated news in order to get as much information as possible.

Set price, limit, volume, and market cap alerts for all available cryptocurrencies so you never miss an opportunity.

You can share one or more of your wallets with your friends and it will appear in their Coin Stats app.

As for news Coin Stats reports all cryptocurrency-related news from over 40 sources on one screen so you can easily stay informed about the market.

In conclusion, Coin Stats is not a solution that we would like to suggest to beginners as it requires some knowledge of exchanges and cryptocurrency wallet management. But after gaining some experience, this could be the optimal solution to follow your cryptocurrency investments in an orderly and efficient way.

Plus500 is an online broker that focuses on innovation and avant-garde. It has more than 450,000 users and more than 82 million positions opened in 2020. It is an exclusive CFD broker and has been listed on the London Stock Exchange since 2013.

It is not a broker for beginners, unlike eToro, unless you use the demo account, offered by the platform in a free and unlimited way.

Plus500 also offers the possibility to buy and sell CFDs on cryptocurrencies, in this case, the leverage is 2: 1 according to ESMA guidelines.

Why use cryptocurrency apps

Today it is always possible, even from a smartphone, to surf the internet through a browser and use the trading platforms through their web trader version but downloading the application is much easier and more practical.

These apps allow the use of online trading platforms on their mobile devices, smartphones, or tablets. By connecting to the same account, it is possible to operate and synchronize the operations carried out both on the PC and on the mobile device. 

There are several reasons why the use of cryptocurrency apps is convenient:

Being able to use them on the move: wherever we are and 24 hours a day

Execution speed comparable to that of the website

Clean and intuitive interface

As the cryptocurrency market is particularly volatile, it goes without saying that being able to keep up to date by receiving alerts in real-time can make the difference between making a profit or losing capital. So being able to trade while you are away from home can be a really affordable option.

Choose an App to invest in cryptocurrencies

It is possible to find them directly in the store present in the digital device (to be clear: Play Store if the system is Android or Apple Store if iOS). The apps can also be downloaded from the official website of the platform we intend to use. 

Of course, it is always good to pay attention to some important factors when choosing the broker to rely on. The elements to consider are: 

Regulation: it is always recommended to rely on regulated brokers, certified by independent bodies such as the FCA or CySEC.

Financial instrument: the majority of brokers operating in cryptocurrencies do so through the so-called CFDs or Contracts for Difference. Brokers like eToro allow not only to operate with CFDs but also to buy real cryptocurrencies at zero commissions and keep them in your wallet. In this regard, it has equipped itself with a platform or rather a real exchange called eToro.

Customer support to resolve connection-related or other problems.

In the cryptocurrency sector, which has aroused the interest of many trades, there is always the danger of running into sites that, without any regulation, offer cryptocurrencies but which in the end turn out to be real scams. It is therefore good to rely on regulated brokers who can therefore offer extra protection. We would like to say that the cryptocurrency sector is not regulated so you need to be even more careful in order not to risk losing your capital. Be wary of those who tell you that in a short time you can become a millionaire.

Low commissions

Commissions are very relevant in online trading because they can completely erode the profit obtained. Therefore, in addition to regulation, it is necessary to understand well what the costs arising from trading and platform management will be. Keeping commissions low also allows you to invest small amounts.

Access to multiple markets

More and more emerging digital currencies are designed and developed to allow greater use of the same through Dapps and decentralized exchange. Therefore, the ideal is to operate with a platform that shows to be at the forefront and responds quickly to the evolution of the market.

High safety standards

Choose only brokers or exchanges that have high data and capital protection systems. Attacks by hackers are always around the corner. 

Conclusions

In the article, we have tried to show you which are the best cryptocurrency apps. Among these, we find without a shadow of a doubt Capex.com, eToro, and Capital.com.

Plus500 is also a great trading app but the number of digital currencies you can trade on is very low.

We have given ample space to the characteristics that these apps must have, the reasons why they are so important, and what elements should influence our choice of one platform over another. We want to remember that easy money, earned in a short time, does not exist and whoever tells you otherwise is lying.