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Are you interested in finding the best app for crypto trading so you can manage your cryptocurrencies on the go?

While some exchanges only offer browser options, those may not be optimized for mobile devices. Also, other platforms may have apps that only provide basic features. However, popular exchanges like Binance, Bybit, Coinbase, and KuCoin, offer full-fledged mobile applications with advanced tools for analysis and trading.

Those mobile trading apps have emerged as a popular choice for traders. This is mainly due to their convenience and accessibility. In this article, I'll go over the mobile experience of the most popular crypto exchange apps as well as differences between them to help you find the best app for crypto trading.

My ranking of the best trading apps for crypto trading includes:

Without further ado, let’s get to it!

Evaluation Criteria to Consider When Choosing the Best App for Crypto Trading

When searching for the best app for crypto trading to use on your mobile device, there are several characteristics and features to consider.

Overall, I elected some key points that make or break the mobile experience. The best crypto buying app must be built envisioning a user-friendly interface, a considerable variety of features, decent device compatibility, and overall design. Now, let me elaborate the specifics of each of those key points.

First and foremost, the app should provide a user-friendly mobile experience. This means that the app should be easy to navigate, with an intuitive user interface that simplifies the traders' journey. Because, let's face it, no matter if you're a beginner or an advanced user, you surely don't want to make your life more complicated with a hard-to-navigate app.

Of course, while ease of use is important, the app's feature variety should not be overlooked. The app should offer a range of features that cater to different needs and preferences. Whether you are a beginner or an experienced crypto app user, the app should have something for you.

Best app for crypto trading: Crypto apps.

Device compatibility is also an important consideration. The best crypto apps should be compatible with a range of devices, whether you are using an iPhone or an Android device. This ensures that users can access the app from their preferred device without any issues.

Finally, the design! Aesthetically pleasing applications not only enhance the user experience but also create a sense of trust and reliability. A well-designed app shows that the developers put effort into creating a polished product. Besides, a simplified design can also add up to the user-friendliness of the app.

Alright, now that you've got an idea of what to look for in a crypto app, we can move further to a handpicked list of the best trading apps for crypto. I chose them with those specific criteria in mind!

1. Binance - A Mobile App Packed With Features

Ranks #1 out of 7 Crypto Exchanges

Binance is a well-known cryptocurrency exchange that features one of the best apps for crypto trading. The app is user-friendly and offers a range of features such as real-time market data, price alerts, and trading charts.

With low fees and high liquidity, Binance is a great option for traders looking to buy and sell cryptocurrencies on the go. The best crypto buying apps usually inherit the good features of the exchanges themselves.

The app itself presents an excellent user interface that allows users to trade various cryptocurrencies with ease. Therefore, it won't take long for you to figure out how to navigate the app.

Users can easily search for the cryptocurrencies they want to trade and view real-time prices and charts. They can also easily place orders and view their account balances and transaction history.

Best app for crypto trading: Binance.

Another great feature of the Binance mobile app is its security. Binance takes security seriously, and the app is no exception. The app is protected by two-factor authentication and facial recognition, which helps to prevent unauthorized access. Additionally, users can set up fingerprint authentication for even more security.

When it comes to the range of trading options, the Binance app doesn't fall behind either. Users can trade various cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and many more. They can also trade in several different markets, including spot trading, margin trading, and futures trading.

The app also offers a variety of order types, including limit orders, market orders, and stop-limit orders, giving users more control over their trades. A large variety of features is something you’re definitely searching for if you’re after the best crypto buying app.

One of the best features of the Binance mobile app is its liquidity. Binance is one of the largest crypto exchanges in the world, and it has a massive trading volume. This means that users can easily buy and sell cryptocurrencies with low spreads and high liquidity.

The app also features advanced trading tools that are perfect for experienced traders. These tools include price charts, technical analysis indicators, and trading signals. There is even an API for developers who want to build their own trading bots!

Best app for crypto trading: Binance app.

Moreover, with their mobile devices, users can view their transaction history, manage their account settings, and even access Binance's support chat directly from the app. Besides, the app also offers a referral program, which allows users to earn rewards for referring new users to the platform.

As for device compatibility, the Binance app can be downloaded on both Android and iOS devices. Thus, no matter on which side of the barricade you are, you'll be able to quickly download the Binance app on your device.

In conclusion, the Binance mobile app is surely one of the best apps for crypto trading. It is very convenient and easy-to-use. So, if you're looking for a reliable and feature-rich app for both Android and iOS devices, the Binance mobile app is definitely worth considering.

Visit Binance
...or read our Binance review

2. Coinbase - Secure and User-Friendly Mobile Trading

Ranks #2 out of 7 Crypto Exchanges

Coinbase is a popular cryptocurrency trading platform that also has a mobile app worthy of a title such as the best app for crypto trading. It enables a variety of payment methods, including bank transfers, credit and debit cards, and PayPal, making it easy to purchase cryptocurrency directly from the app.

Coinbase's mobile app has several characteristics that make it stand out from other exchange apps. For one, the app is easy to navigate, with clear menus and simple instructions, making it accessible to both novice and experienced traders. Its simple and intuitive interface makes it easy for users to navigate and execute trades quickly.

Design-wise, the Coinbase mobile app prioritizes a sleek and simple style, making it an excellent choice for new traders who want a straightforward experience. With a clean and modern layout, all the buttons and icons are large and clear, making it easy to take action on your account.

Best app for crypto trading: Coinbase.

In terms of trading tools, the Coinbase app offers a range of options for buying and selling cryptocurrencies. Users can place market or limit orders, as well as can view real-time price charts and order books to monitor trading activity.

Another feature of their app is its real-time price alerts, which allow users to track the value of their favorite cryptocurrencies and set notifications for price changes. This feature is particularly useful for traders who want to take advantage of price fluctuations in the market.

Coinbase's mobile app also enables a recurring purchase function, which allows users to automatically buy cryptocurrency at set intervals. This feature is beneficial for traders who want to invest in cryptocurrency regularly and gradually build their portfolios.

If we talk about security, the best app for day trading crypto must have remarkable features. And that’s certainly true for Coinbase. The app supports two-factor authentication, which requires a code generated by an authenticator app or sent via SMS to log in.

Additionally, the exchange stores the majority of user funds in cold storage. Since it is offline most of the time, it's basically inaccessible to hackers. In order to steal funds from a cold storage, a hacker would have to phisically steal it.

Best app for crypto trading: Coinbase app.

Now, talking about device compatibility, like any other top-notch crypto trading app, the Coinbase app can be downloaded on both iOS and Android devices. So, no matter which side you're on, you can rest assured that your device is compatible with the app.

Last but not least, the Coinbase app has a robust customer support system. Users can access a comprehensive help center within the app, and customer support is available via email and phone. Coinbase has a reputation for responding quickly to customer inquiries and resolving issues promptly.

In summary, the Coinbase mobile app delivers everything a “best crypto buying app” would promise. It has a user-friendly interface, advanced security features, a range of trading tools, excellent customer support, and availability on both iOS and Android devices.

These characteristics surely make it a popular choice among cryptocurrency traders looking for a reliable and easy-to-use mobile trading platform.

Visit Coinbase
...or read our Coinbase review

3. Kraken - Efficient Crypto Trading On-The-Go

Ranks #3 out of 7 Crypto Exchanges

Kraken is a cryptocurrency exchange that has a mobile trading app for both iOS and Android devices, making it to this ranking of the best app for crypto trading. The app offers features such as trading charts, real-time market data, and price alerts.

For starters, it should be mentioned that the Kraken mobile app has a clean and intuitive interface. The main screen shows the user's portfolio, including their cryptocurrency balances and the total value of their holdings.

Best app for crypto trading: Kraken.

When considering trading features, Kraken's mobile application provides users with a range of functions. Users can place market, limit, and stop orders for different cryptocurrencies. They can also easily view their open orders, order history, and trading fees.

Another great feature of Kraken's mobile app is that users can place advanced orders, including conditional close orders (also known a One-Triggers-the-Other orders). Such order closes a spot position on margin automatically once it reaches a set profit or loss. This is something that is found only in the best trading apps for crypto.

Additionally, the app enables users to access the current price of assets, as well as their 24-hour volume, and other key metrics for each trading pair.

Besides, the app provides users with several deposit options. Users can deposit and withdraw funds using a bank transfer, wire transfer, or cryptocurrency transfer. So, you'll have no problems funding your account on the Kraken app.

In addition to that, security is a top priority for Kraken, and that also includes their mobile application. The app requires two-factor authentication to log in and allows users to set up alerts for suspicious activity. Users may also access their account activity log.

Best app for crypto trading: Kraken app.

When it comes to customer support, Kraken provides users with excellent services through its mobile app. Users can access the Kraken support center, where they can find answers to frequently asked questions and submit support tickets. The app also provides access to Kraken's live chat support, which is available 24/7.

In conclusion, the Kraken mobile app provides users with a range of features that make trading cryptocurrencies on the go convenient and secure. All of this makes it a top choice for crypto traders, ranking it as one of the best apps for crypto trading.

Visit Kraken
...or read our Kraken review

Compare Crypto Exchanges Side by Side With Others

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Compare Crypto Exchanges Side by Side With Others

All Crypto Exchanges may look similar to you but they're NOT all the same!

Yes! Show me the Comparison Chart

4. Bybit - Advanced Crypto Trading for All

Ranks #4 out of 7 Crypto Exchanges

Bybit is a popular cryptocurrency derivatives trading platform that easily ranks among the best apps for crypto trading. Their mobile app is available for both iOS and Android devices. Thus, you'll be able to download it no matter what device you have.

The Bybit platform is known for its robust trading engine and user-friendly interface. For that reason, the Bybit mobile app is also designed to provide traders with a seamless experience that is just as powerful as the desktop version.

Best app for crypto trading: Bybit.

One of the most notable features of the Bybit mobile app is its intuitive and user-friendly interface. The app is designed with a simple layout that allows traders to quickly navigate through the different sections and find the information they need.

The home screen provides traders with an overview of their portfolio and trading history, as well as quick access to the trading section. There, traders can customize their charts with different timeframes, indicators, and chart types to help them analyze the market and make informed trading decisions.

The app also provides traders with the latest news and market updates, which can be accessed through the news section. A trader that is up to date can make better use of crypto buying apps, right?

Another notable feature of the Bybit mobile app is its demo trading mode. Traders can use the app's demo trading mode to practice their trading strategies and get a feel for the platform before trading with real money. This can be a great way for new traders to gain experience and confidence before diving into the live markets.

Best app for crypto trading: Bybit app.

The app also offers features such as real-time market data, trading charts, price alerts, and various order types. The order types offered by Bybit include limit orders, stop orders, take-profit orders, and conditional orders.

When talking about security, Bybit doesn't fall behind when compared to other best crypto trading apps.

Apart from the two-factor authentication, traders can also set up biometric authentication, such as fingerprint or facial recognition. This further secures their account with a technology that is now common among many mobile devices.

Lastly, traders can chat with customer support representatives directly through the app to get answers to their questions or resolve any issues they may be experiencing. Besides, the app provides traders with access to a comprehensive FAQ section that covers a wide range of topics related to the platform and trading.

Overall, the Bybit mobile app is a powerful and user-friendly platform that provides traders with access to advanced trading tools, real-time market data, and a secure trading environment. Its intuitive interface and comprehensive features make it a great choice for both novice and experienced traders alike.

Visit Bybit
...or read our Bybit review

5. KuCoin - Staking Made Simple

Ranks #5 out of 7 Crypto Exchanges

KuCoin is a cryptocurrency exchange that offers a great contender when talking about the best app for crypto trading. The app has a range of trading tools and a variety of order types allowed, including limit orders, stop orders, and take-profit orders.

With low fees and high liquidity, KuCoin is a great option for day traders looking for a crypto-buying app on the go. It is compatible with iOS and Android devices alike.

The app is designed with simplicity in mind, allowing users to navigate through the various trading pairs and options with ease. It provides a clear overview of the market with live prices, and users can easily switch between trading pairs with just a few taps.

Best app for crypto trading: KuCoin.

Utility-wise, traders can also deposit funds into their KuCoin accounts via various payment methods, including bank transfers, credit/debit cards, and cryptocurrency deposits. Similarly, users can withdraw funds from their accounts in the same manner, and the process is straightforward and hassle-free.

Additionally, as mentioned before, the KuCoin app also provides users with various trading tools to make trading more efficient. With a great range of trading charts, it allows users to analyze the market and make informed decisions.

On top of that, the charts can be customized with various indicators and timeframes to suit the user's preferences. Drawing indicators is a feature mandatory among the best crypto buying apps.

One unique feature of the KuCoin mobile app is the Pool-X staking service. Users can stake their cryptocurrencies and earn rewards directly from the app. The staking service is user-friendly and provides an easy way for users to earn passive income through their cryptocurrencies.

Security-wise, the app has various features, including two-factor authentication, biometric authentication, and a secure login process. Additionally, KuCoin has an insurance fund that protects users in the event of a hack or security breach.

Best app for crypto trading: KuCoin app.

KuCoin's registration and identity verification processes are fairly straightforward and user-friendly. To sign up for a KuCoin account on the mobile app, users need to provide their email, set a password, and complete a captcha.

After the initial registration, users also need to go through a Know Your Customer (KYC) process to unlock the full features of the platform. The app guides users through it, providing clear instructions on what documents are required and how to submit them.

The verification process usually takes some time to complete, and users will receive a confirmation email once they are verified. As mentioned, the best trading apps for crypto must have fairly straightforward registration and verification processes.

In terms of customer support, KuCoin provides users with a comprehensive support center directly from the app. The support center has various resources that can help users with common issues, and they can also contact support directly from the app if they need further assistance.

Overall, the KuCoin mobile app is a user-friendly and efficient platform for trading cryptocurrencies. The app provides a simple user interface, various trading tools, and robust security features, making it an excellent choice for novice and experienced traders alike.

Visit KuCoin
...or read our KuCoin review

6. Bitstamp - Two Crypto Trading Apps

Ranks #6 out of 7 Crypto Exchanges

Bitstamp is one of the oldest cryptocurrency exchanges in the market, with a well-earned place on this list of the best apps for crypto trading.

Over the years, it has gained a reputation for being a reliable and trustworthy platform for trading cryptocurrencies. It's worth noting, though, that Bitstamp has two mobile apps - Bitstamp app and Bitstamp Pro app.

Best app for crypto trading: Bitstamp.

As the name suggest, the Bistamp Pro app is made for advanced users and, thus, features way more advanced features. Included in those features, there is a variety of functions, such as real-time market data, trading charts, and price alerts.

When trading, the Bitstamp Pro mobile app also offers a range of order types, including market, limit, and stop orders. Besides, Bitstamp's fast order execution is also a much-needed feature, which means that users can quickly execute trades at the desired price, without the risk of suffering unseen losses.

However, feature variety and focus on advanced traders does not mean that the Bitstamp Pro mobile app is complicated to use. On the contrary, it has a user-friendly interface.

In terms of design, the Bitstamp Pro app, like most other professional apps, is all about simplicity. Besides, it also features a dark mode, which is easier on the eyes and makes it more comfortable to use the app for extended periods.

When it comes to trading pairs, Bitstamp boasts a wide range of possibilities for its users, including pairs with Bitcoin, Ethereum, XRP, Litecoin, and more.

The app is available for both iOS and Android devices and can be downloaded from the respective app stores. Surely, the best apps for day trading crypto must be available on all devices, otherwise, it wouldn’t deserve such a title!

Best app for crypto trading: Bitstamp apps.

Now, talking about the basic Bitstamp app, it mainly allows users to buy and sell crypto assets using various methods. It supports instant deposits and withdrawals, which means that users can quickly move funds in and out of their accounts.

A mobile application that supports this without charging extra for it can easily be considered among the best apps for day trading crypto.

However, users can also access the Bitstamp Earn program through its basic version of the app. This program allows generating passive income from your crypto assets.

It should be noted that, as of writing, the Bistamp app, unlike its Pro version, is only supported on Android devices. Though the project is working on enabling support for iOS devices as well.

Now, Bitstamp takes security seriously, and both of its mobile apps are no exception. These apps offers two-factor authentication and fingerprint scanning to ensure that only authorized users can access their accounts. The apps also use SSL encryption to protect user data and prevent unauthorized access.

Besides, Bitstamp apps have a 24/7 customer support with real people (not bots, which is the usual case with customer support on apps) who can answer your questions in no time. In fact, Bitstamp claims that their average response time is 22s. That's fast!

In conclusion, Bitstamp surely provides two reliable and secure apps for trading cryptocurrencies and they both are a great addition for users who prefer to trade on their mobile devices. With their features, usability, and swift customer support, they are no doubt among the best apps for crypto trading.

Visit Bitstamp
...or read our Bitstamp review

7. Bitfinex - Advanced Charting for a More Informed Trading

Ranks #7 out of 7 Crypto Exchanges

When considering what is the best app for crypto trading, you can't let a huge name like Bitfinex out of the equation. The app provides a smooth trading experience and makes it easy for users to place orders, view charts, and monitor their portfolios.

Do note that you can donwload the Bitfinex app on both Android and iOS devices.

Now, the app surely has a user-friendly interface. It is designed to be simple to navigate, which makes it accessible to traders of all levels of experience. Along with its design, another key feature of the Bitfinex mobile app is its advanced charting tools.

Best app for crypto trading: Bitfinex.

The app provides users with a wide range of technical indicators, chart types, and drawing tools. Since those are made to go along well with the app's design, it is easy for traders to analyze market trends and make informed trading decisions.

Moreover, the Bitfinex mobile app also provides users with real-time price alerts and notifications. Thus, traders can set alerts for specific price points or for percentage changes, which ensures that they never miss out on a trading opportunity.

Additionally, the app offers a kind of  "news feed" that provides users with the latest updates on the cryptocurrency market. Thus, you'll never miss any major or minor events in the crypto world.

When it comes to trading pairs, Bitfinex has a wide range of those, including ones with major cryptocurrencies like Bitcoin, Ethereum, and Litecoin, as well as some lesser-known coins. Thus, no matter what kind of assets you want to trade, there is high chance that you'll find them on Bitfinex.

In terms of trading fees, Bitfinex employs a maker-taker fee structure. This means that users who provide liquidity to the market are charged a lower fee than those who take liquidity. The fees go from 0.1% to 0% for makers, and from 0.2% to 0.055% for takers (they change based on the individual 30-day trading volume).

Best app for crypto trading: Bitfinex app.

It's also worth noting that there is a margin trading feature in place. It allows users to trade with leverage, making it a popular choice for more experienced traders. So, if you search for something like “best crypto trading app for margin trading”, there is a high chance that Bitfinex will be one of the options.

Another standout feature of the Bitfinex mobile app is its customer support. The app provides users with a live chat feature, allowing them to connect with customer support representatives in real-time. This makes it easy for traders to get their questions answered and resolve any issues they may be experiencing.

Lastly, security is a top priority for the Bitfinex exchange, and that applies to the mobile app as well. The app offers two-factor authentication and allows users to set up a PIN code for added security. It also features biometric authentication, allowing traders to log in using their fingerprint or face ID.

Overall, the Bitfinex mobile app is a powerful trading tool and one of the best apps for crypto trading for both Android and iOS devices. Its advanced charting tools, real-time price alerts, and accessible interface make it a popular choice among traders who are looking for a reliable and efficient on-the-go trading platform.

Visit Bitfinex
...or read our Bitfinex review

Final Remarks

In the long run, deciding on the best crypto trading app for you depends on many points. First, it relies on which features are most important to you, and what type of trader or investor you are. Besides there are several other key factors to consider when evaluating mobile apps.

Among the most important factors when considering the best app for day trading crypto is user-friendliness, especially for beginners. In addition to ease of use, the variety of features offered by the app is also an important consideration.

Device compatibility is another crucial factor to consider when evaluating crypto apps. Finally, the design of the app is an often-overlooked but important consideration. A clean, modern design can make using the app a more enjoyable experience, while an outdated or confusing design can be a source of frustration.

Overall, when looking for the best app for crypto trading, it is important to consider all of these factors in order to find an app that meets your specific needs and preferences. Some popular options to consider include Coinbase, Binance, and Kraken, among others.

Whatever your requirements may be, there is sure to be a crypto app out there that is right for you.


Other Crypto Exchanges in This Category

Here are other crypto exchanges related to the category but not as favored by BitDegree readers yet. In my personal opinion, today there are much more optimal crypto exchanges in the list with the higher rating that I'd recommend for the same price range or less.

eToro - A Mobile App Full of Features

eToro is a well-known name in the finance world, and surely one of the best trading apps for crypto. The platform is known for providing a myriad of trading- and brokerage-related features - this applies to not only crypto, but traditional investment tools, as well.

As far as the former is concerned, eToro allows its clients to trade both actual cryptocurrencies, as well as “contracts for difference”, better known as “CFDs”. These are special trading tools that are mostly favored among traders who like the speculatory nature of trading and investing.

So… What makes eToro one of the best apps for crypto trading?

Best app for crypto trading: eToro.

Well, for starters, the eToro app is full of features - this is likely the very first thing that you’ll notice after downloading it. While it can be a bit daunting to navigate through at first, users state that you get used to it, pretty fast.

Within the app itself, you’ll find different sections dedicated to different wants and needs that you might have. Say, you’re looking to educate yourself about a certain crypto asset - there are news feeds, public commenting and discussion sections, and so on.

Exploring select assets is rather simple, as well. eToro provides you with all of the information that you might need when it comes to performing trades or longer-term buy-ins - right from the comfort of your mobile device!

ETORO

Overall Score

6.0

Best For

Newcomers to Cryptocurrency

Operating Countries

United Kingdom, Italy, Germany, Spain, France, + 70 more

Latest Coupons

Verdict

Good platform that offers copy trading service.
See TOP10 Brands
Read review

Table: Some general information about eToro

In addition to all of that, you will also be able to use the famous copy-trading feature, as well. If there is one feature that’s become almost synonymous with eToro, it has to be this - frankly, you can follow established traders, and copy their trades for yourself.

Naturally, the process is a bit more complicated than that, but you get the general idea.

The eToro app is available on both Google Play and the Apple Store, so if you’re looking for the best app for crypto trading, you can definitely check it out!

eToro is a multi-asset platform that offers both investing in stocks and crypto assets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results. The presented trading history is less than 5 complete years and may not suffice as basis for investment decisions.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

eToro USA LLC does not offer CFDs and makes no representation, and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity-specific information about eToro.

The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.


Scientific References

About Article's Experts & Analysts

By Aaron S.

Editor-In-Chief

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era. W...
Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.
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Recent Best App for Crypto Trading User Reviews

K Meadows-Davila

4.6/5.0 - Bitstamp User
07/09/2024

wallet

easy to purchase with fiat money, but after every trade i withdraw everything for free to my wallet outside of the platform.

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5.0/5.0 - Bitfinex User
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sounds legit

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ray keenan

5.0/5.0 - Coinbase User
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Chanel

5.0/5.0 - Kraken User
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Wesley Rodriquez

5.0/5.0 - Bybit User
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I just ADORE their logo!!!!!

It's soooooooooo CUTE!!!!

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Matias Dale

4.8/5.0 - Kraken User
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It took me more time than i expected to figure out how to use the exchange. Totally get why not many beginners go for Kraken as their first exchange. Aside from that, have no other issues.

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howell

5.0/5.0 - Bitfinex User
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great review!!!

i really liked the organization of the text!!! nice!!!

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dora jennings

5.0/5.0 - Bybit User
09/10/2024

finally found it???

thanks to its advanced trading tools and low fees i might try is as my very first exchange! 🥰🥰🥰 i've been searching so much, can't believe i'm finally convinced to start my journey!

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Shana Thomson

5.0/5.0 - Binance User
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Waiting for my prizes

Have been actively trading for few years now and think that i should be eligible for prizes. I know people who have won free crypto. Still waiting for my turn, BINANCE! :))

Evaluation

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Felicity Ochoa

4.2/5.0 - Bybit User
01/12/2024

No response… yet

Waiting for Bybit to solve my problem for almost a week

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CONNOR

4.6/5.0 - Bitfinex User
03/11/2024

HACKS IN THE PAST???

NO THANKS

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asha guy

4.2/5.0 - Bitstamp User
16/11/2024

not for newbies

hard to use for new users. took a lot of time, trial and error to learn to use the exchange. emailing with the customer support was not very effective for me. atleast i could find some helpful guidance on FAQ section

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R.B.

4.6/5.0 - KuCoin User
29/11/2024

Not great for me

Many cryptos to choose from, but i can't buy with my local fiat money

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Boyer_man

4.8/5.0 - Binance User
26/09/2024

new user

Transfered from revolut and the Binance exchange interface seemed too complicated at first. Took quite some time to figure out the navigation learn to read charts. Maybe i'm just a slow learner and had very limited time to do the research. Wish there was more time in a day - could have become a billionaire:D

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Tracy Alvarez

4.6/5.0 - Bitfinex User
17/11/2024

Nice Job

UI could be better.... But the features are solid.... At least for me, since I've been trading for two years now...

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Lynn Cassidy

4.8/5.0 - Coinbase User
12/10/2024

Sharing info on the platform

Coinbase security have never disappointed me, but knowing that my account is not anonymous and my wallet can be frozen keeps me on my toes... :|

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Anisha

5.0/5.0 - Binance User
28/10/2024

Long time user

Been using binance for years. Tried some other platforms, though nothing compares...

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I. G.

4.6/5.0 - Bitstamp User
11/09/2024

wallet

Had no security issues so far, but wouldnt trust the integrated wallet function

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FAQ

Are crypto trading apps safe to use?

Crypto trading apps can be safe to use as long as they are developed by reputable companies, such as Binance, Coinbase, Bybit, and others. To be considered safe, a company must follow strict security measures to protect users' funds and personal information. Of course, don't rely only on the security provided by a platform alone. For example, you can take extra measures for keeping your funds safe by storing them in a hardware wallet like Ledger Nano X.

Do I need to provide personal information to use a crypto trading app?

Yes, most crypto trading apps require some level of identity verification before allowing users to trade. Kraken, KuCoin, Binance, and Bitstamp, for example, have requirements like these to comply with regulations and prevent fraud. However, the level of verification required may vary from app to app. For instance, some only ask you to provide your personal information, while others ask you to also prove it by uploading your electricity bill or taking a photo of yourself.

How to pick the best crypto exchange for yourself?

Picking out the best crypto exchange for yourself, you should always focus on maintaining a balance between the essential features that all top crypto exchanges should have, and those that are important to you, personally. For example, all of the best exchanges should possess top-tier security features, but if you're looking to trade only the main cryptocurrencies, you probably don't really care too much about the variety of coins available on the exchange. It's all a case-by-case scenario!

Which cryptocurrency exchange is best for beginners?

Reading through various best crypto exchange reviews online, you're bound to notice that one of the things that most of these exchanges have in common is that they are very simple to use. While some are more straightforward and beginner-friendly than others, you shouldn't encounter any difficulties with either of the top-rated exchanges. That said, many users believe that KuCoin is one of the simpler exchanges on the current market.

What is the difference between a crypto exchange and a brokerage?

In layman's terms, a cryptocurrency exchange is a place where you meet and exchange cryptocurrencies with another person. The exchange platform (i.e. Binance) acts as a middleman - it connects you (your offer or request) with that other person (the seller or the buyer). With a brokerage, however, there is no "other person" - you come and exchange your crypto coins or fiat money with the platform in question, without the interference of any third party. When considering cryptocurrency exchange rankings, though, both of these types of businesses (exchanges and brokerages) are usually just thrown under the umbrella term - exchange. This is done for the sake of simplicity.

Are all the top cryptocurrency exchanges based in the United States?

No, definitely not! While some of the top cryptocurrency exchanges are, indeed, based in the United States (i.e. KuCoin or Kraken), there are other very well-known industry leaders that are located all over the world. For example, Binance is based in Tokyo, Japan, while Bittrex is located in Liechtenstein. While there are many reasons for why an exchange would prefer to be based in one location over another, most of them boil down to business intricacies, and usually have no effect on the user of the platform.

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