Top 5 Apps for Trading Cryptocurrency In 2021

Interested in trading in crypto on the go? Well, there are a plethora of Android and iOS apps available for users to begin their journey into the world of digital asset ownership today. These apps allow users to stay connected to the cryptocurrency markets and trade coins no matter where they are.

There is a whole network of sites that now support trading, notably sites that offer comparisons between various crypto trading platforms; like Kraken and Mercatox reviews provided by users to give first-hand insight. These reviews are of great value to new customers looking to download apps for the first time, as they give them a clear view of what’s available.

From Bitcoin to the most far-afield altcoins, the whole market has taken a dive in price after the vast majority of coins reached all-time highs in April. Prices are heading in a positive direction once again, but there is always the volatility of the market to contend with as a crypto trader.

However, having the right tools to help you along the way is very valuable. So, we’ll take a look at the top 5 apps available for users today. Let’s dive right in!

Coinbase

Coinbase is one of the largest crypto trading platforms around, offering a broad variety of coins as well as a $5 bonus in Bitcoin for new sign ups. Coinbase supports major currencies like Ethereum, Bitcoin, Litecoin, XRP, and many many more. In order to open an account, users must simply link a bank account or credit/debit card and verify their identity. As well as that, Coinbase has a range of smart tools which give deep data on coin performance and highlight industry news. These tools are great for newcomers, showing them the way in the beginning—which is often the biggest obstacle in trading.

Gemini

The famous Winklevoss twins, who went through all that trouble with Mark Zuckerberg some years ago, founded this security-based trading platform. The platform needs a two-factor authentication, keeping the majority of deposits in cold storage. It has hardware security modules that generate store keys, offering a SOC1 type 1 and SOC2 type 2 certification. For those that don’t know what that means, it basically means it’s some of the best security available in the industry. Meanwhile, Gemini offers all the same trading services you’ll find at any other exchange.

Sofi

Sofi is more than just a cryptocurrency trading app, it offers stocks in addition to crypto. While the apps we’re discussing here are focused on crypto, this app offers all-in-one finance management. Sofi’s full list of services are; crypto, ETFs, IPOs, a unique debit card, loans, and some great bonus offerings for users. Sofi offers automated investing, using highly advanced algorithms to determine the best opportunities for budding investors.

Binance

The name Binance is synonymous with the crypto trading world, offering the highest trading market in volume. It has a great reputation as a safe market and offers a huge list of Bitcoin and altcoins, with new coins popping up everyday. The app is protected with a cold wallet, with an earned function allowing users to earn up to 5% interest on investments. For new users, Binance has a “lite” interface, which makes the whole process more streamlined and much easier to adapt to if you’re a total newbie.

Robinhood

You’ve probably heard about Robinhood, as it was all over the news at the start of 2021 with the GameStop stock skyrocketing via a Reddit page full of investors. More recently this happened with Dogecoin, one of the most popular “meme” coins. Robinhood offers a user-friendly app, which is great for beginners, offering crypto and stock trading. Traders will have access to an array of coins, the likes of Ethereum, Bitcoin, Litecoin, Cardano and many more. One downside is that users can’t withdraw funds from Robinhood, it only facilitates buying and selling.