It is said that the best trading apps for cryptocurrency are an essential part of successful trading. While strategy and planning, plus luck are also necessary to make a profit in crypto trading, it is undeniable that the trading app also helps you to utilize all those elements efficiently. So, other than honing your skill and strategy, you also need the best trading app.
What kind of trading app do I need? The best trading app you can use to trade cryptocurrency should be easy to use. You don’t want to spend more time learning about how to use it than the time you use to perfect your strategy. It could be challenging, though, to find an app like that. Here, we have the trading apps that you need. Below, we have already chosen five apps that we think will be your best trading partner. Let’s see who they are!
1. Pionex – the Best Cheap Trading App
This app is known for its cheap trading fee. However, before we move to that part, you also need to know one of the best features of Pionex. It is auto-trading. Pionex comes with 16 in-built trading bots that you can use for free. This tool will help you to trade automatically with a simple adjustment to its function.
Furthermore, Pionex is one of the safest apps for trading cryptocurrency. It is not surprising that this app received the MSB license from FinCEN. Of course, the trading fee is also very low, which is only 0.05% of your trading profit.
Pionex is also known as the big broker on Binance. On the Huobi exchange, this company is also known as the market maker. Therefore, you don’t have to worry about trading with Pionex. It is not only cheap, but they have the best service for you.
Read also: 6 Best Free Trading Stock Apps In 2022
2. Bitstamp – the Best Trading Apps for Beginners
If you are looking for the best trading apps for beginners, this app is the answer. Bitstamp is one of the oldest players in cryptocurrency trading. It has been around since 2011. Bitstamp is available on iOS and Android platforms. However, you also can access it through its website from your computer. The concept of this app is on-the-go trading. So, once you open it, you can start trading. That is also the reason it becomes the best choice for a beginner.
Bitstamp has various features that will help you to trade. You can trade, invest, and hold more than 50 cryptos. It includes popular cryptocurrencies, such as Bitcoin and Ethereum. Furthermore, this app also accepts various platforms for transferring your money. So, you can trade using a credit card, debit card, transfer bank, SEPA, and other methods.
As the best trading apps for cryptocurrency for beginners, the fee is also reasonable. It charges you 0.50% for less than $10,000 trading volume. If you trade more than $20 million, it doesn’t charge you a trading fee.
3. NAGA – the Best Apps for Forex Trading and Cryptocurrency
NAGA is one of the best choices if you want an app where you can trade various assets. Cryptocurrency is the main asset here, where you can trade more than 40 cryptocurrencies. Moreover, you can save more than 50% of the trading fee with NAGA Coin (NGC).
This app also has a leaderboard feature, where you can see the top trader and their trading profit. Best of all, this app also has the auto copy trading feature. With this trading, you can copy the expert trader strategy and apply it to your trading. Of course, you also can adjust it to match your style.
Other than that, we also call it the best apps for forex trading. The reason is this app provides a platform for trading not only cryptocurrency but also other assets. Forex is one of them. Other than that, you also can trade stocks, indices, ETFs, and many more. There are more than 950 financial instruments you can trade here. The trading fee is also affordable, which is only $5 for the withdrawal fee.
Read also: 7 Recommended Apps for Trading Stock and Investing for Beginners
4. Crypto.com – the Best App for Regular Spenders
You can use this trading service on a mobile platform or web. Best of all, you can integrate this app with a credit card from Crypto.com. Therefore, the payment won’t be too complicated. Furthermore, this system also allows you to convert cryptocurrency into fiat currency. This easy system is a perfect choice for you who want to spend your crypto regularly. It will be compatible with various merchant systems in various stores.
Crypto.com supports more than 250 cryptocurrencies. You also can use it to trade for DeFi and NFT. Moreover, the trading fee is also affordable. You only need to pay 0.4% of the trading volume for $0-$25,000 trading volume.
5. Binance – the Best Trading Stocks Apps
Binance is one of the largest exchanges you can find today. It has various features. The free Binance Normal version already has the sending, receiving, staking, and investing features. Moreover, this app also has high liquidity. So, you can easily withdraw the profit money.
Binance supports more than 500 cryptocurrencies and tokens. You can trade it in pairs, which helps you maximize the profit you get. As for paying the fee and withdrawal, you can use a credit card and wire transfer. However, you only use it on third-party platforms. This kind of feature is similar to many trading stock apps. So, if you are familiar with this app, you don’t have to spend too much time mastering it.
The trading fee starts from 0.02% to 0.10%. These two are the purchase and trading fees. If you use a debit card to purchase, the fee is 3% to 4.5%. Use the Single Euro Payments Area (SEPA) for a free trading fee.
Conclusion
Those five trading apps are the best we can find today. Master one of them that matches your trading style and strategy. Then, you will get the best tool to optimize your trading and make more profit with the best trading apps for cryptocurrency.