Trade Crypto – The most common apps that you can use to trade cryptocurrencies include Blockfolio and CoinTracking, both available on Android devices. However, if you prefer to use an iOS device (iPhone/iPad), you can download Blockfolio. There are also some more advanced options like Delta and CoinCap, both available on Android and iOS devices.
There are also websites to trade cryptocurrency, but apps make it easier because you don’t have to be at your computer. You can check prices, make trades, etc., from anywhere. The simpler apps will focus on providing you with live price updates.
Before comparing applications, it helps to understand what the displayed assets represent and how ownership differs from access through a platform. This overview of digital assets and Bitcoin introduces blockchain records, exchanges and wallets, providing background for the tools discussed below.
Choosing an application also raises questions about the technology behind the assets it displays. For a separate technical discussion, explore quantum computing and the Bitcoin blockchain, which introduces potential cryptographic challenges and the importance of distinguishing future research questions from everyday account security.
Top 8 Crypto Trading Apps
Here are the top 10 apps for trading cryptocurrency:
- CoinTracking:
CoinTracking is another app that will keep track of information about your crypto trades, which coins you bought and sold, and other details. Unfortunately, the app is only available for all Android devices.
- Delta:
Delta provides you with information about the prices of different cryptocurrencies. Still, it doesn’t have features that help you manage your crypto trades. It’s available for both iOS and Android devices. It is an excellent option to track multiple cryptocurrencies at once.
Tracking cryptocurrency prices is one way to explore the ecosystem, but blockchain projects also include gaming and user-created content. Our introduction to The Sandbox crypto metaverse explores its creation tools, virtual assets and marketplace, providing a different perspective from the trading and portfolio applications listed here.
- BlockFolio:
The Blockfolio is available for both iOS and Android devices. It’s compatible with 11 cryptocurrencies right now. With this app, you can also keep track of multiple portfolios and see the total value of your portfolio in one place.
- CoinCap:
CoinCap is available for both iOS and Android devices. Still, it only works with 11 different cryptocurrencies at the moment (including Bitcoin, Ethereum, Litecoin, and XRP). This app will give you information about the price of each cryptocurrency. Still, it doesn’t have features to help you manage your crypto portfolio.
- CryptoTrader:
CryptoTrader is available for Android devices, but it’s more advanced than some other apps, so it’s not ideal for beginners. This app will show you live cryptocurrency prices on different exchanges. In addition, you can set up price alerts when coins drop below or rise above specific prices. This app is more beneficial for investing in ICOs or people who trade on multiple exchanges.
- CoinView:
CoinView is an app that shows you information about different cryptocurrencies without all the bells and whistles. Unfortunately, it only works with a handful of cryptocurrencies (including Bitcoin, Ethereum, Ripple, and Litecoin). As a result, this app isn’t handy for tracking your crypto trades. Still, it’s good if you want to check the price of a few different coins without all the additional information provided by other apps.
- ShapeShift:
ShapeShift is an app that works with a handful of different cryptocurrencies (including Bitcoin, Ethereum, Monero). It focuses on exchanging one coin for another rather than tracking the value of your crypto portfolio.
This app will give you the current price of different cryptocurrencies, and you can make trades within the app.
- CoinBase:
Coinbase is an app that can help you manage your Coinbase account and buy/sell digital currency (including Bitcoin, Litecoin, Ethereum).
According to SoFi, “There are more ways than ever to trade crypto.” If you want to learn how to buy crypto, you can contact them for more information.
Mobile applications are one access route; physical cryptocurrency kiosks are another topic worth understanding separately. Our guide to finding Bitcoin ATM locations discusses online locators, common locations and transaction fees, helping readers compare the practical considerations involved in using a kiosk.
An application’s interface is only one part of understanding cryptocurrency transactions. Readers looking for broader context can explore this introduction to Bitcoin trading, which discusses trading preparation, account setup and volatility. Use it to identify subjects for further research before making decisions through an app.