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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:

  • Kraken - Efficient Crypto Trading On-The-Go
  • Coinbase - Secure and User-Friendly Mobile Trading
  • Bitstamp - Two Crypto Trading Apps
  • Uphold - Trade Crypto, Fiat, Metals, and More
  • Crypto.com - The All-In-One Crypto Exchange
  • BYDFi - User-Friendly Trading for All
  • Cryptomus – A Solution for Individual Traders & Businesses

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. Kraken - Efficient Crypto Trading On-The-Go

Ranks #1 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

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. Bitstamp - Two Crypto Trading Apps

Ranks #3 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

Compare Crypto Exchanges Side by Side With Others

Did you know?

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. Uphold - Trade Crypto, Fiat, Metals, and More

Ranks #4 out of 7 Crypto Exchanges

Uphold is a digital money platform that allows users to buy, sell, and trade a wide range of assets, including cryptocurrencies, fiat currencies, and even some precious metals. Founded in 2013 by Halsey Minor, Uphold aims to make financial services more accessible and transparent.

The platform supports more than 300 different cryptocurrencies, including popular ones like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), as well as many lesser-known altcoins.

One of its key features is the ability to trade directly between different asset classes in a single step. For example, you can easily exchange Bitcoin (BTC) for gold or US dollars for euros without multiple transactions or conversions.

Uphold review summary: Uphold's homepage.

In terms of crypto investment, Uphold also offers staking, allowing you to lock up your assets and receive rewards of up to 17.6% APY. As of now, Uphold supports 19 digital assets on its staking platform.

Uphold is known for its transparency, publishing its assets and liabilities every 30 seconds for anyone to see. This "100%+ reserve" model aims to assure users that their funds are safe and available. The platform also has SOC 2 Type 2 and ISO 27001 certifications, which further enhances its credibility and demonstrates its commitment to secure and reliable operations.

Uphold is registered as a FinCEN Registered Money Services Business (MSB) in the United States and as an EMD Agent of an Electronic Money Issuer regulated by the FCA in the United Kingdom.

👉🏻 Visit Uphold
...or read our Uphold review

Disclaimer: don’t invest unless you’re prepared to lose all the money you invest.

5. Crypto.com - The All-In-One Crypto Exchange

Ranks #5 out of 7 Crypto Exchanges

Crypto.com is a prominent player in the cryptocurrency world, offering a comprehensive suite of financial services centered around digital assets. Founded in 2016, the platform has grown rapidly, boasting a user base of over 100 million by mid-2024.

Crypto.com provides a user-friendly app for buying, selling, and trading around 400 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and many altcoins. Beyond its exchange services, Crypto.com offers a non-custodial DeFi wallet, an NFT marketplace, and even a direct payment service for cryptocurrency transactions.

Crypto.com review summary: Crypto.com's homepage.

One of Crypto.com's most recognizable features is its Visa card, which allows users to earn cashback in CRO, the platform's native token, on their everyday spending. The card comes in various tiers, each offering different levels of rewards and perks, such as rebates on streaming subscriptions and airport lounge access.

Crypto.com also takes security seriously. It holds all customer assets deposited on our platform in institutional-grade reserve accounts on a 1:1 basis. Users’ accounts are protected by the latest security advancements, including Passkeys, HSMs, and FIDO2, as well as MFA methods like passwords, biometrics, and authenticator codes.

Crypto.com is the first cryptocurrency company in the world to have ISO 22301:2019, ISO/IEC 27701:2019, ISO/IEC 27001:2022, and PCI DSS v4.0 Level 1 Service Provider compliance.

It also runs an active bug bounty program on Hacker One, where people can disclose security vulnerabilities on the platform and get rewards.

👉🏻 Visit Crypto.com
...or read our Crypto.com review

6. BYDFi - User-Friendly Trading for All

Ranks #6 out of 7 Crypto Exchanges

BYDFi is a cryptocurrency exchange platform that aims to provide a user-friendly experience for both novice and experienced traders. While relatively newer compared to some established giants, BYDFi has focused on offering a diverse range of trading options. Some of BYDFi’s key features include:

  • Spot Trading: Buy and sell cryptocurrencies at current market prices.
  • Derivatives Trading: Trade cryptocurrency futures and options contracts.
  • Copy Trading: Automatically replicate the trades of experienced traders.
  • Mobile App: Trade on iOS and Android devices.
  • Educational Resources: Guides and tutorials for learning about crypto trading.
  • Trading Bots: Use automated tools to trade cryptocurrencies like a pro.

The platform supports more than 400 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). BYDFi also aims to provide competitive trading fees by offering a flat maker/taker rate of 0.1% on its spot trading platform.

BYDFi is available in the US, Canada, and 150 other countries.

When it comes to security, BYDFi implements essential measures to ensure users' data and funds safety. It uses Amazon Web Services, multi-factor authentication and hardware verification, as well as SHA512 with 512-bit encryption to protect the system. Users can also use two-factor authentication (2FA) using Google Authenticator and SMS to protect their accounts.

👉🏻 Visit BYDFi
...or read our BYDFi review

7. Cryptomus – A Solution for Individual Traders & Businesses

Ranks #7 out of 7 Crypto Exchanges

Cryptomus is a multi-functional crypto platform designed to meet the needs of both individual traders and businesses. Whether you're just starting out in crypto or you’re an active trader looking for efficient transactions, Cryptomus offers a user-friendly experience with plenty of useful features.

It provides spot trading, quick crypto purchasing, and even a handy conversion tool to swap between currencies easily. On top of that, users can earn rewards by staking select cryptocurrencies, with TRX staking offering up to a 20% return.

For businesses and merchants, Cryptomus goes beyond typical exchanges by offering a crypto payment gateway that can be integrated into websites through APIs, SDKs, or plugins. This integration allows companies to accept both crypto and fiat payments seamlessly, thanks to features like auto-conversion into stablecoins to mitigate market volatility.

Cryptomus review summary: working with crypto transactions.

Plus, the platform supports mass payouts and even a white-label option, meaning you can brand the service as your own.

Cryptomus stands out for its low fees (maker fees starting at 0.08% and taker fees at 0.1%), high liquidity, and robust security measures such as two-factor authentication, PIN protection, and regular security audits. It’s available in over 200 countries and supports a wide range of fiat currencies, making it accessible to a global audience.

Although Cryptomus currently focuses on spot trading with a limited range of cryptocurrencies (as of writing, it supports 18 assets), its clean, intuitive design makes it a great choice for anyone looking to simplify their crypto management and expand their earning opportunities – all with just one account.

👉🏻 Visit Cryptomus
...or read our Cryptomus 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 logo

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

Hal6574
5.0/5.0 - Kraken User
04/02/2025
SIMPLE

The newbie trading makes it very easy to use the platform!

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ray keenan
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what about some customization?

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Valentina159
4.8/5.0 - Coinbase User
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expensive transfers

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LC - Correa
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I. G.
4.6/5.0 - Bitstamp User
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irene-pope
4.4/5.0 - Bitstamp User
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fiat fees

the fees are ok only if you use crypto, charges on fiat payments are expensive :|

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Pattie
4.2/5.0 - Crypto.com User
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Like the app

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Billie-Jo Bloggs
5.0/5.0 - Crypto.com User
26/02/2025
Love it!!!!!

I love CDC and everything about it it been a customer for like 8 months and hadn’t had a problem with it since

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B.P
4.0/5.0 - Crypto.com User
27/01/2025
No help by crypto.com

I’ve got a problem with being scammed and I tried to get my money back since I paid with visa-card but no reply via email

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Nur Cortes
4.6/5.0 - Bitstamp User
09/12/2024
Limited cryptos

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Chanel
5.0/5.0 - Kraken User
11/02/2025
Decent amount of cryptos

Well, the number of cryptocurrencies is reasonable, I don't think the higher the number, the better the exchange... I personally choose few cryptos at a time to focus on trading.

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CJ Noor
5.0/5.0 - Kraken User
20/12/2024
annoying but necessary

Security measure arround every corner:D Was annoyed at first but now got used to it and i generally feel safer about my money on the platform

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E. Kramer
5.0/5.0 - Coinbase User
20/01/2025
Never had issues

I can happily vouch for the security on Coinbase. Had to seet it to believe it, no issues to this day. The sertifications they have acieved only add to the trust!

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Larry Alford
4.6/5.0 - Crypto.com User
12/01/2025
Used to great…

It started out great but Now I want to withdraw my funds but cannot

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Matias Dale
4.8/5.0 - Kraken User
28/12/2024
first exchange

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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Lilly-vanily
5.0/5.0 - Coinbase User
02/02/2025
Happy that coinbase is in my country

It's a shame that Coinbase in not available in more countries. Just happy I had the opportunity to move and now can have this new trading experience.

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Taya D.
4.4/5.0 - Bitstamp User
11/01/2025
Good app

The app is easier to use and the fees are on the lower end, it's a shame that the trading optios are soo limited :/

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Miss Kornelia
4.6/5.0 - Bitstamp User
16/12/2024
Cool design

The design and espacially the charts give me Wall Street vibes :) it is hard to read and understand what it means, though...

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K Meadows-Davila
4.6/5.0 - Bitstamp User
21/01/2025
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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Leave your honest Best App for Crypto Trading review

Leave your genuine opinion & help thousands of people to choose the best crypto exchange. All reviews, either positive or negative, are accepted as long as they're honest. We do not publish biased reviews or spam. So if you want to share your experience, opinion or give advice - the scene is yours!

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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