The cryptocurrency revolution is not just a scam to get rich quick. It’s an exciting new form of digital currency that has the potential to change the world. It’s also one of the most volatile and least understood financial markets in existence, which means it can be hard to figure out how to invest in it.
That’s where apps come in. They make trading crypto easier than ever before, making it possible to buy and sell quickly, or even exchange one type of coin for another. We’ve rounded up the best cryptocurrency apps and exchanges for beginners and pros so you can start with confidence.
The Top Crypto Exchanges of 2022
1. Coinbase – Best Overall
Coinbase is one of the most popular cryptocurrency exchange with more than 10 million downloads on Google Play Store. It has an easy-to-use interface and allows users to buy and sell cryptocurrencies at current market prices without any hidden fees or charges for depositing funds into your account from another source (like bank accounts). You can also use this app for transfers between different coins, including Bitcoin Cash (BCH), Ethereum Classic (ETC), Litecoin (LTC) and others.
2. Robinhood – Best For Free Buying & Selling of Stocks
Robinhood is a mobile-first cryptocurrency exchange platform that simplifies trading and investing in stocks and cryptocurrency. You can download the app for iOS or Android and sign up for a free account. Currently Robinhood only trades in 13 states, but plans to continue expanding throughout the year. The app offers commission-free trading on U.S. stock and ETF trades, along with options trading, which is unusual for a free brokerage account. The company makes money from interest on uninvested cash balances and from margin lending, as well as commissions on options trades.
3. Kraken – Best for Low Fees
Kraken is a US-based cryptocurrency exchange, founded in 2011. The exchange provides cryptocurrency to fiat trading, and provides price information to Bloomberg Terminal. As of May 2016, Kraken is available to residents of 48 U.S. states and 176 countries, and lists 40 cryptocurrencies available for trade.
4. Binance – Best For Altcoins Trading
Binance is another popular cryptocurrency exchange that offers iOS and Android apps as well as its website. It provides an opportunity to trade 300+ cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Ripple, Bitcoin Cash, Litecoin, EOS, etc. Binance allows users to place stop-loss orders on trades, set up recurring buys at predetermined intervals, and margin trade with up to 3x leverage.
5. eToro – Best Copy Trading Platform
eToro is a multi-asset cryptocurrency exchange investment platform with more than 2000 assets, including FX, stocks, Crypto, ETF’s, indices and commodities.
its social copy trading features that allow newbie traders to follow expert traders in real time and learn from them.
6. TD Ameritrade – Best Brokerage App for Beginners
If you’re a beginner looking to buy bitcoin or another cryptocurrency, consider using TD Ameritrade Mobile. It’s the best cryptocurrency exchange trading app for beginners and offers $0 commissions and free stocks & crypto when you deposit at least $3,000 in your account.
7. Crypto.com App – Best App With Cashback Rewards
If you want a crypto debit card, use Crypto.com App which gives rewards in crypto for purchases made with its Visa-powered card.
Crypto.com is a neat cryptocurrency exchange that offers cashback rewards of up to 5% for in-store purchases. Users can buy and sell 18 popular cryptocurrencies, including bitcoin, Ether, XRP and Litecoin.
In addition to its cashback rewards program, Crypto.com also offers interest on savings accounts, as well as crypto-backed loans and a crypto credit card.
Whether you’re a cryptocurrency newbie or a seasoned trader, there are apps for every stage of your investing journey.
From buying and storing to trading and mining, these best cryptocurrency exchange can help you take advantage of this growing digital economy.
So there you have it, our take on the best cryptocurrency apps and exchanges for 2022. If you have any more questions about the future of crypto or digital assets, please contact us by leaving an email below.
Clocr- For Digital Estate Planning
We are always thinking about our assets and financial preparation for our family in the event that something were to happen to us. We hire attorneys to draft thorough wills to protect our families, but what about your digital assets? Clocr simplifies creating and managing a Digital Estate Plan, allowing you to safeguard assets of personal and financial worth to you and your family.
With Digital Estate Planning, which focuses on meeting the security and legal requirements of Digital Assets, the process of prioritising, organising, and sketching out your desires for your NFTs or Cryptocurrencies becomes extremely straightforward, and you can sleep well knowing your family is secured.
Investing in Cryptocurrency is simple, but planning for its future and security can perplex investors. Digital Estate Planning is a process that can help Cryptocurrency holders to organise and update Digital Assets (email accounts, blogs, social media accounts, photo libraries, cloud storage accounts, etc.) so that after sudden demise or incapacitation of the Cryptocurrency account owner, the beneficiaries have one place to go and access, manage, or close digital accounts according to the wishes of the deceased person.