To sign up for our daily email newsletter, CLICK HERE
We all know that throughout time, our technology has greatly advanced. Nowadays it seems that nearly all our problems can be solved online by the touch of a button on a screen. Just like many other things, finances and investing can be online too, especially through mobile applications.
Knowing which apps to use for crypto is very important, and in this article, we are going to dive deeper into the mobile application side of cryptocurrency investing.
What is a Cryptocurrency App?
No one would have ever heard of a crypto app if you had mentioned this 8 years ago but now they’ve become a very popular medium for transferring, buying, selling, and storing cryptocurrencies.
Crypto apps are simply apps that use the same method of online bank and money transfers that people do regularly, but for digital currency. For example, if you’re looking to send someone money but you are nowhere near your desktop, you can then use a crypto app that you link your bank card or bank account to and then send them funds in the blink of an eye.
Not only can you do money transfers on these apps, but you can also invest in different cryptocurrencies. Most popular apps nowadays have all the top 100 coins listed and the investment process has gotten extremely simple. You can even buy fractional shares of Bitcoin, Ethereum, or any other popular cryptocurrency.
How have functionality and security improved?
It’s no wonder that many people were, and some still are, skeptical of having their money being dealt with online behind a screen. Because of the risks that are associated with this method of money transfers and storage, it’s important to have strong security and laws in place. It’s also important to be easy to understand so no mistakes get made leading you to lose your money.
Throughout the evolution of technology, crypto apps have also improved. There are many trusted and reliable sites that impose strict Money Service Business regulations and high-end security protocols to keep customer funds just as safe as in your standard bank account.
What are the benefits?
There are lots and lots of apps that deal with cryptocurrency and transfers. Knowing the best apps available aren’t hard to find.
Here is a quick list of benefits:
- Simple and easy to keep track of your money
- Ability to invest and earn
- Transfer money to your account as well as other’s accounts
- Available on the go at the touch of a button
- A large variety of coins
- High security
There are many lists of popular apps to use for beginners. Make sure you use a trusted source when selecting your go-to app. Here is a list of some of the most reliable crypto apps that the team on Trading Browser recommends.
Coinbase
The app Coinbase is a very popular and widely used crypto app. Through this app, you can track the currency rates of different cryptocurrencies such as Bitcoin and Solana. You can also create your own personal crypto profile. To protect users of this site, you are insured by FDIC which keep you and your money protected from scam or fraud. Feeling safe is a main priority on Coinbase, as they are supported in over one hundred countries and have over one hundred and three million verified users.
Coinbase has made it easy to use by having dozens and dozens of articles or help links that explain almost any question you may have regarding their site and cryptocurrency.
Indacoin
Another popular crypto app is Indacoin. Here you can easily and quickly buy cryptocurrencies knowing you have access to technical support at all times. Beginning six years ago, this site has racked up a total of approximately five hundred thousand verified customers.
Indacoin is available in over one hundred and eighty countries for users to buy and sell, send and receive, and exchange their cryptocurrency while keeping their portfolio up to date.
Anycoin Direct
Joining the list of the top crypto apps is the Netherland-based app called Anycoin Direct. Immediately they offer an explanation as to how to set up your account and get started in the crypto world as soon as you enter and scroll down on the home page of their site. They have a wide range of payment methods including popular methods such as VISA, Mastercard, as well as Bancontact. With over fourteen thousand reviews, Anycoin Direct scores an overall total of 4.5 out of 5 stars.
CoinSpot
Australian-based company Coinspot also makes its way to the list of the top crypto apps. With a great customer support team, you can be sure to be helped with any of your questions and concerns within minutes. This makes the setting up stage easier than ever, as you can get almost immediate help if you don’t understand or know how to complete one part. If you’re looking for extra security and safety, Coinspot also offers two-factor authentication with 2FA.
Uphold
One more app that has made it to the list is Uphold. Although they deal with cryptocurrency, they also deal with stocks and metals. They have a large range of availabilities, including over two hundred cryptocurrencies and being used in one hundred and fifty countries with over ten million users. Uphold offers a no-fee site with available rewards for up to 19.5 percent value. The US, UK, as well as Lithuania, and other countries regulate this site so you feel safe and secure completing your transactions on this app. Popular news sources and sites such as MSN and Yahoo! Finance have written positive articles about Uphold, ensuring users this is a safe and trusted site worldwide.