Cryptocurrencies in 2022 are digital assets that can be transferred or exchanged between parties or entities from one digital wallet to another. A crypto trading app is an application you can download on your mobile phone and use to trade cryptocurrencies like bitcoin, ethereum, and litecoin, among others. Cryptocurrencies in 2022 are currently the easiest assets to invest in due to their increased demand by investors and the ease of buying them using credit cards or bank transfers.
The best crypto trading app depends on which cryptocurrency you want to buy. For example, if you want to buy bitcoin, the best crypto trading apps are Coinbase, Cexio, and Kraken, while if you want to buy Solana (SOL), the best crypto trading app is Binance.
Why Invest in Cryptocurrencies in 2022?
Table of Contents
Cryptocurrencies in 2022 work on blockchain technology. Blockchain is a digital ledger that records all transactions chronologically and publicly.
Cryptocurrencies in 2022 is a digital currency that can be used to securely transfer funds over the internet. The most crucial feature of cryptocurrency is decentralization, making it borderless and censorship-resistant. Cryptocurrencies are not controlled by any central authority or bank, which gives you complete control over your funds.
Blockfolio
Blockfolio is another good crypto trading app that makes managing your portfolio a breeze. As one of the best crypto tracker apps, Blockfolio lets you keep an eye on the day-to-day price movements of over 8,000 different cryptocurrencies.
The app also allows you to set up push notifications for specific price alerts and gain instant access to real-time market data from over 400 exchanges. Crucially, it also lets you monitor your gains/losses, so you can see how well your portfolio is doing at any given time.
While there are premium offerings that provide even more detailed information about cryptocurrency prices for day trading on the app, its free version has more than enough features for a beginner looking to track their portfolio’s performance with ease.
Signal
- The signal is an end-to-end encrypted messaging app for Android and iOS.
- This means your data is kept safe and secure, even from the developers.
- The free app lets you send text, photos, videos, and documents up to 1GB in size.
- It also allows you to make calls and video calls with other Signal users – including group chats of up to 150 people.
Coinbase
Coinbase makes buying and selling cryptocurrencies easy. The Coinbase app is free to download, but to execute trades there are fees involved ranging from 1.49% for bank transfers and 3.99% for credit cards. The app is well designed, making it easy to use for beginners who are just getting into crypto trading, and offers real-time prices on most major exchanges. It even gives you a list of the top currencies in each category so you can find what is trending up or down. Coinbase has been around since 2012, is based in San Francisco, California, and currently operates in 32 countries across the world.
Binance App
Binance is a great app for cryptocurrency trading. It has an easy-to-use interface and a lot of great features. The app also has good security, which means that your information is safe. Binance is reliable and also has cheap fees. You can get help from their customer service if you need it. Binance’s user interface (UI) is amazing. You can trade many different cryptocurrencies on the app.
Binance is an ideal app if you want to trade in newer cryptos like SOL, Cardano, etc. But before trading, it is essential that you do your research, like why should I buy SOL over Bitcoin, how to buy SOL, what is SOL, etc.
Trezor Wallet
If you want to keep your crypto assets safe and secure, then you should consider storing them on a hardware wallet. Trezor Wallet is one of the best hardware wallets that supports a wide range of cryptocurrencies. With this wallet, you can securely manage your crypto assets with an easy-to-use interface.
Even if you are not tech-savvy, you can easily manage cryptocurrencies with the Trezor Wallet. Since every operation takes place on the device itself, there is no risk of private keys getting stolen by hackers or malware. The wallet is extremely user-friendly and can be used by both beginners and advanced users.
Celsius Network Wallet
Celsius Network is a mobile app that allows users to earn interest on their crypto holdings. The app also lets you borrow against your holdings and includes a market monitor for tracking cryptocurrency price movements. Celsius is available for both iOS and Android devices, making it easy to stay connected to your account at all times.
The wallet on the Celsius Network app is non-custodial, meaning that you have full control over your crypto. The private keys are stored locally on your phone or tablet, so you do not have to worry about them being compromised by other users or hackers. Your access can be protected with FaceID/TouchID as well as a PIN code if needed (if you lose this information though, there is no way to recover it).
Cryptopedia App
Cryptopedia is an app that teaches you the A-Z of the crypto world. It has a 4.5-star rating on both Google Play and the App Store, and it is used by over 10 million people worldwide.
The Cryptopedia app also offers a ‘How To’ guide for anyone looking to get started with Bitcoin or other cryptocurrencies. This includes: How to buy Bitcoins from Bitcoin ATMs, how to set up a crypto wallet, and more.
It has information about every cryptocurrency out there including Bitcoin, Litecoin, Ethereum, and more! It even has info on altcoins like Ripple (XRP) & Tron (TRX)!
eToro Social Trading App
eToro is one of those social trading apps that make cryptocurrency trading easy for beginners. It is a feature-rich app, so you will find everything you need to trade cryptocurrencies on the move. And the best part is, that eToro does not charge any trading fee when you buy/sell cryptocurrencies. That’s right! The app offers zero commission and spread fees across more than 1,000 assets including popular cryptocurrencies such as Bitcoin, Ethereum, and many more.
You can also copy top traders using this social trading app on your Android or iOS smartphone to earn handsome returns without putting much effort into research.
With its demo account, you can practice cryptocurrency trading with virtual money and then open a real account once you are confident enough to trade with real money. Overall, it is an easy-to-use app that comes with a user-friendly interface making it perfect for both newbies and experienced cryptocurrency traders searching for a user-friendly mobile crypto trading platform.
eToro Social Trading App Features:
- No deposit or withdrawal fees
- Over 1,000 tradable assets with 0% commission and spreads (including popular cryptos)
- Copy-trading features that allow copying successful traders’ moves in real-time with no extra fees involved except their spreads only (you pay them when making profits).
Shrimpy Portfolio Tracking App
The Shrimpy Portfolio Tracking App is an excellent crypto trading app that lets you easily connect to your crypto exchange. You can use it to track the changes in your portfolio, set up auto-trade, and set up alerts.
It is easy to set up rebalancing. This app lets you choose a custom portfolio allocation that suits your needs. Set up automatic rebalancing, so you do not have to do it manually every time.
You can set up auto-trade. The Shrimpy App allows you to automate all of your trades on the exchange by connecting the app with your account.
You can set up auto-rebalance. Use this feature whenever there is a change in allocations or buy weights for assets in your portfolio, and the app will automatically adjust for you during normal trading hours.
CanYa Coinswitch Crypto Exchange App
An exchange aggregator is a service that compares prices across multiple exchanges, making it quick and easy to find the best price for your trades. CoinSwitch is a cryptocurrency exchange aggregator that works with over 300 cryptocurrencies and over 45,000 trading pairs. There are no signup or trading fees when using the app, but you will still be charged the network fee when sending crypto to a wallet address on the blockchain.
Apps that Majority of Investors Use for Trading Crypto
For most people, the go-to choices are Coinbase and Binance. Both are great options with their pros and cons. If you are eyeing a feature-rich trading app, then eToro can be a choice.
