Cryptocurrencies have become much more accessible to the average person after their recent rise in popularity. Several broker firms now allow investors to buy and sell cryptocurrencies along with their stocks, mutual funds and other investments. Some of the leading cryptocurrency exchanges have made the process more user friendly than ever, especially those that have the best cryptocurrency trading apps.

Investing in cryptocurrencies may not be suitable for everyone as it’s still somewhat speculative investment. Whether they make money in the long run or not, waiting for investors can be like riding a roller coaster. However, if you believe in the long-term potential of cryptocurrencies and have a fairly high risk tolerance, there’s nothing wrong with holding some digital currency as a long-term investment.

With that in mind, here are some of the best cryptocurrency apps of 2022. These include brokers, exchanges, and apps that you can use to start building your own cryptocurrency portfolio today.

What is a cryptographic application?

Cryptocurrency app is a mobile application that allows you to manage your cryptocurrency. When you start investing in cryptocurrencies, it can be helpful to set aside some space on your phone for the app. Apps usually have simpler setup and login features compared to desktop platforms, making them less intimidating when getting to grips with cryptocurrencies. Here are a few different types of cryptocurrency apps.

Exchanges

By far the most popular type of cryptocurrency app is Exchanges, which allow you to buy and sell cryptocurrencies. You have the option to connect your bank account or credit card to buy your first cryptocurrency package. Some of the major exchanges (such as Binance) don’t allow you to buy cryptocurrencies directly, and instead focus only on the exchange between currencies. As a result, you may need more than 1 exchange, depending on which coins you want to buy or hold, to see the spread of these coins. Often, crypto exchanges have charts and tables that allow you to identify liquidity. Also, Japanese candlesticks and stock glass are popular.

Wallets

Crypto Wallet is a type of storage application for your cryptocurrencies. Unlike an exchange, you cannot buy or sell crypto using the wallet app. Wallets are focused on a very high level of security so that your coins are as safe as possible. Most experienced traders don’t recommend holding your coins on exchanges unless you plan to use them, so you may need 2 separate apps for your exchange and for your wallet if you want to store crypto for a long time. Each wallet is designed to work with a specific type or subtype of cryptocurrencies, so make sure you choose the right one. If you are not sure which network your coins are running on, try sending a small amount of cryptocurrency to your new wallet.

News

Unlike the stock market or forex, cryptocurrency exchanges are open 24 hours a day, 7 days a week, including holidays. This makes it especially important to receive daily news. A good cryptocurrency news app focuses on some of the most important cryptocurrencies (such as Bitcoin and Ethereum) as well as smaller coins that make unusual moves.

Trackers

A cryptocurrency tracker is a type of application that shows you real-time information about the prices of cryptocurrencies. Any exchange will contain this information, but having a custom tracker can also be helpful. For example, if you prefer to store your cryptocurrency in a wallet on an external hard drive, but still want to keep track of price movements throughout the day, choosing a simple tracker app is less difficult than signing up for an exchange.

What to look for in a cryptocurrency app

No matter what type of cryptocurrency application you want, there are a few things you should look out for when comparing the options.

Security

Check out the exchange's security features to see how much of its assets are kept offline in cold storage, whether it has private insurance, and whether it's part of a bug bounty program that encourages ethical hackers to report any weaknesses. You can also find out if an app has ever been hacked.

Customer service

If you’re new to cryptocurrency investing, you need 24/7 customer support. No one wants to reread pages of FAQs to get help because the money hasn't been credited to their account.

Currency range

There are over 4,000 cryptocurrencies, but even major exchanges offer only 50 to 150 coins. On most platforms, you’ll probably be able to buy bitcoin and one or two other major currencies. But if you want to buy a certain currency or plan to invest in some of the smaller coins, you need to have a wider choice of cryptocurrencies.

Convenience and ease of use

Cryptocurrency applications are rapidly evolving as more people want to invest in it. However, sometimes such rapid development is achieved at the expense of user convenience. Make sure the app has the features you want to use and if you've never traded before, choose one that's beginner-friendly.

Fees

Paying unnecessary fees means throwing money away, no matter what you choose: a bank, a brokerage company, or the best cryptocurrency app. Before opening an account, check how much it costs to deposit / withdraw funds and the trading itself. It's also worth checking out the withdrawal and deposit options and making sure they work for you.

Useful information and training

Cryptocurrencies are a relatively new type of investment, so the more you know about them, the better. Some apps include cryptocurrency learning centers as well as information about specific coins.

Interest accrual

Several cryptocurrency exchanges offer ways to earn interest on your coins. Make sure you understand what is being said and that it is of particular interest to you. The exchange may lend you money or pay a placement fee instead of you if you agree to leave your store there for a certain period.

Real time data

Cryptocurrency markets are constantly on the move. You can wake up and see how one coin has skyrocketed by 25% or lost half of its value. Keeping a finger on the pulse of the cryptocurrency market means having minute-by-minute information, because data becomes outdated much faster than information about stocks or fiat currencies. Whether you want a comprehensive cryptocurrency trading platform or a simple tracker that lets you know how your favorite coins are doing, look for real-time data and information. This ensures that you’re not using outdated information to make trading and investment decisions.

Availability in your region

Accessibility isn't much of a concern if you just want to learn more about cryptocurrencies with a news app or tracker. However, if you want to actively buy and sell cryptocurrency, make sure that the app you’re interested in is available in your region. The legality of Bitcoin and other cryptocurrencies is a hotly debated topic due to their decentralized nature and tax complexities. A number of countries and states have banned unregulated exchanges that are easy to manipulate, while others have placed restrictions on the types of cryptocurrencies that can be bought and sold. Before you spend too much on a nice-looking app, double check if it's available where you live.

The best trading apps

1. Best for users around the world: eToro

eToro allows you to chat, share strategies and discuss the markets with a huge community of users who are already using eToro. When you open a new account, eToro gives you $100,000 to practice trading crypto in a virtual portfolio so you can improve your skills. In addition to the ever-expanding variety of cryptocurrencies and crypto/cryptocurrency pairs, eToro also has over 30 tools and monitors available to you. Another benefit of eToro is that you can use unlimited withdrawal amounts and take advantage of optimized deposit features. Start today and see where crypto trading can be of interest to you!

2. Best for Productivity - All Exchanges in One App: BuyCrypt

Ukrainian startup BuyCrypt unites all crypto exchanges in one application. BuyCrypt collects all the exchanges, thus, the question of finding the best cryptocurrency trading application disappears, since in real time it will allow you to work with all exchanges through one application account. Starting September 2, a free beta version is available. At the moment, the terminal offers integration with four exchanges: Binance, HitBTC, OKEx, and Coinbase. In the future, the developers promise to add the rest of most popular crypto platforms. Among the tested functions there are trading, viewing your own assets, the ability to withdraw them, if you set the appropriate settings. One of the app's useful options is the Panic Sail command. It allows traders to enter stablecoins, if necessary. For investors involved in futures trading, there’s a convenient change of direction from long to short, as well as a break-even exit (the function of simultaneous exit to the BU for all positions is preparing for the exit).

The application is also distinguished by easily customizable smart notifications. The developers talk about the ability to choose which alerts will be sent to the smartphone. It’s enough to set the assets of interest, price ranges and other key parameters for a particular trader. The BuyCrypt team is also responsible for security issues. Regulated access to assets is configured using an API key. Beta testing is available after registration, which takes a minimum of time. To create an account, you must provide a phone number or email. The user then generates API keys on exchanges and uses them to integrate accounts on trading platforms with a BuyCrypt profile.

3. Best Easy-to-Use Trading App: Gemini

Stay on top of market trends, build your crypto portfolio, and execute your trading strategy with Gemini’'s easy-to-use tools. The Gemini app brings you the best cryptocurrency exchange and wallet. You can track asset prices and real-time market prices anytime, anywhere. The app makes it easy to set price alerts so you can react quickly to individual asset price movements. Schedule recurring purchases of bitcoin and other cryptocurrencies to go long in the crypto markets. Gemini also boasts excellent cybersecurity and cryptocurrency storage solutions. Create a free account and make a purchase in just 3 minutes.

4. Best trading app for absolute beginners: Coinbase

An app for absolute newbies to cryptocurrencies who want to quickly get the most out of some of the most popular options, or buy some cryptocurrencies just for fun. The app is free. Don't know the difference between bitcoin and blockchain? Download this newbie trading app. This is a great place to start your journey. Coinbase is a beginner-friendly crypto exchange that allows you to buy and sell cryptocurrencies. Once verification is complete, you can use your bank account or credit card to purchase some of the most popular cryptocurrencies. On Coinbase there’s even a new educational section that you can use to earn free cryptocurrencies just by learning more about the coins you want to buy. Coinbase is not available everywhere. The app currently operates in 32 countries, but plans to expand. However, if you have never bought or sold cryptocurrencies before, Coinbase is a great place to start learning.

5 Best for iPhone: Voyager

The app is aimed at intermediate level traders who want to make more trades and explore the boundaries of cryptocurrencies beyond Bitcoin and Litecoin. The app is free, and users get $25 free Bitcoin credit for signing up. Do you want to get serious about investing in cryptocurrency? You need a comprehensive exchange app that allows you to view charts and buy more than just the top coins on the market. Voyager is a safe and secure exchange that offers a range of unique charting tools, a no-fee exchange, and access to more cryptocurrencies than most entry-level exchange apps. Voyager is a combo app that includes exchange capabilities, a reliable and secure wallet, and even a market news feed. The app includes a complete set of tools that any serious cryptocurrency investor needs, while also having the simplicity of a beginner-friendly app.

6. Best for Privacy: Crypto Pro

The Crypto Pro app is compatible with Mac, iPhone, iPad and Apple Watch. It’s free to download and has the following features:

Line and candlestick charts
Custom icons and app widgets
Real-time price alerts and advanced notifications
Exchange API
Importing and Tracking a Wallet
iCloud with sync
Locking TouchID and FaceID

You can create custom widgets in the Crypto Pro trading app for all traded cryptocurrencies, metals and fiats, as well as for all major exchanges. Crypto Pro is best for privacy-conscious users because it doesn't track any user activity, including portfolio size, browsing habits, or favorite cryptocurrencies. User data is encrypted and stored locally on your device, and it’s securely synced and backed up via iCloud across all your Apple devices.

7. Best for Universal Software: BlockFi

Whether you’re a crypto user yourself or want to start investing purely out of curiosity, BlockFi will strive to bring you institutional grade financial products in crypto markets that are often restricted. It aims to provide clients with low cost and simple trading applications designed to maximize the use of the most liquid assets. BlockFi is an independent lender, but its clients are backed by financial giants like Fidelity and SoFi. This means that you have a list of products available to you that reflects what you would find in a large corporate bank. BlockFi makes every effort to protect its customers by complying with US laws and financial regulations. It remains independent to provide the best rates, but works with well-established institutions to ensure that your crypto assets are consistently operating at optimal levels. This diversified approach means that your assets are safe. Because they’re backed by a large amount of collateral, BlockFi ensures ‌you can always easily access your funds.

8. Best Signup Bonus: Crypto.com

Crypto.com offers not only an app, but also its own Crypto Pay, Crypto Earn, Crypto Credit, Crypto.com Exchange and DeFi Wallet. Crypto.com wants to speed up the transition to cryptocurrencies for everyone, and its wide range of products can help you get started on your own. It recently partnered with Visa so you can spend your crypto anywhere Visa is accepted and earn up to 8% back. Get verified in less than 5 minutes and you can open an account for free. The platform offers 24/7 customer support.

9. Best crypto tracker: Delta

Supported on both iOS and Android, the Delta Crypto trading app is the best tracker for your bitcoin and other cryptocurrencies. The app is free and allows you to track over 7,000 altcoins. You will ‌see coin prices and market charts in the currency of your choice. With Delta, you can also connect to your cryptocurrency wallets and exchanges. You will ‌view transactions and exchange fees on any of your exchanges. A few more notable features are:

Personalized notifications
Market Reviews
Watchlists
Detailed trading analysis
Ability to have multiple portfolios
Sync up to 2 devices

10. Best Reward: Wirex

You can exchange 18 traditional and cryptocurrencies on the Wirex app. You’ll have access to exclusive zero-fee OTC and interbank rates on all fiat-to-fiat exchanges. Wirex also provides important benefits such as a crypto debit card and Bitcoin cash back via Cryptoback™ Rewards. Once you start using the platform, you can order a debit card for free and use it wherever Mastercard or Visa is supported. You also have access to 24/7 customer support for the cryptocurrency exchange and your wallet features for a reasonable fee.

11. Best for High Frequency Traders: ACCOINTING.com

With support for over 300 exchanges, blockchains and over 7500 traceable tokens, ACCOINTING.com is the best tool for tracking your cryptocurrencies, no matter what your experience level is. Whether you’re an amateur or an avid trader, we provide you with all the features you need:

Portfolio overview. Evaluate your entire bitcoin and altcoin portfolio easily, understand how it’s distributed and compare yourself with over 55,000 app users.
Wallets. With support for over 36 API exchanges and 72 wallets, the app allows you to keep your information in sync at all times. You can also add your personal purchases anytime, anywhere.
Market. Explore in detail the statistics of the current market or the stats of your favorite token, such as PNL, and the average purchase price. Add tokens to your personal watchlist. Compare different sectors of the crypto industry, such as NFT and DeFi,with our ACCOINTING.com listings.
Alerts. Set up alerts for the price of your tokens and decide when to buy or sell your crypto assets. Get insight into the market with our Bullish/Bearish Index. ACCOINTING.com also allows you to set up your tracker in incognito mode so that people can see the performance of your portfolio, but only with percentages, not actual currency numbers. Allows you to freely exchange information without revealing details. The best trading app ACCOINTING.com is absolutely free and available for Android and iOS.

Getting Started with Cryptocurrency

There has never been a better time to start investing in cryptocurrencies. Cryptocurrency represents a new frontier of investment potential, but it’s important to remember that the cryptocurrency space is also highly volatile. Cryptocurrency is decentralized, and few cryptocurrencies are currently regulated by any supervisory authority. This means that by investing in cryptocurrencies, you can lose a large amount of money very quickly. Remember to only invest what you are willing to lose and diversify your portfolio if you plan on buying and selling cryptocurrencies. Wondering how to switch from Finance to FinTech? Get in touch with us today to take advantage of high-powered FinTech technologies for your financial business!

The best cryptocurrency trading apps for 2022