Cryptocurrency is a buzzword, and it seems to be on everyone's lips these days. Several brokerage firms now allow investors to buy and sell cryptocurrencies right alongside their stocks, mutual funds, and other investments. Many people think that trading in crypto is not a cup of their tea because the procedure might be too long or complicated. But what if someone tells you that you can buy, sell, or trade cryptocurrencies while on the move? All you need is one of the best cryptocurrency apps.
This article features the top 5 best cryptocurrency apps for beginners to try in 2022.
In choosing this app to trade on the move, you will be using a brokerage firm authored and regulated by multiple tier-one financial bodies. As a reliable and established company trusted by millions of users worldwide, eToro is clearly a platform where you can trade with confidence. There are, however, specific points to pay attention to on other sites, in order to avoid true cryptocurrency scams.
The Gemini cryptocurrency exchange is one of the largest places based in the U.S. to buy, hold, and sell cryptocurrencies. Offers a nice range of cryptocurrencies and a simple-to-use app experience. The Gemini Earn feature is also a standout perk and pays interest on idle cryptocurrencies at high rates.
Coinbase shines with its vast array of cryptocurrencies available. There's also an advanced trading platform for serious cryptocurrency enthusiasts. Plus, you can earn some free cryptocurrencies if you're willing to take some educational courses.
If you're on a budget or simply looking to risk small amounts, Webull could be one of the best cryptocurrency apps for this purpose. Crucially, not only can you get started with a Webull account without needing to meet a minimum deposit, but you can buy and sell crypto from just US$1 per trade.
Square's Cash App only offers bitcoin. But it could be a smart choice for people who only want to buy, sell, and hold the leading cryptocurrency. Plus, the popular finance app has some other great features, such as stock trading and person-to-person payments.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.