Our panel of experts compiled this list after reviewing dozens of the most popular apps for crypto investors on the market. Our list includes the best cryptocurrency exchanges as well as other essential tools for cryptocurrency investors!
Quick Look: Best Cryptocurrency Apps Coinbase: Best for Beginners Robinhood: Best for Mobile Kraken: Best for Low Fees Gemini: Best for Security and Compliance Crypto.com: Best for Credit Card Rewards eToro: Best for Social Trading CashApp: Best App for Buying and Selling BTC in Minutes OpenSea: Best NFT Marketplace CoinMarketCap: Best Crypto Price Tracker MetaMask: Best Software Wallet for EVM Chains Coinbase Wallet: Best Multi-Chain Cryptocurrency Wallet TradingView: Best Crypto Charting Tool CoinLedger: Best Crypto Tax Software & Portfolio Tracker Coinbase Why We Picked It: Coinbase is an ideal choice for beginners in the crypto space. The platform offers a streamlined interface to buy, sell, and manage a cryptocurrency portfolio as well as beginner-friendly features like Coinbase Learn — which allows you to earn crypto in exchange for completing educational modules! Pros Easy-to-use platform, perfect for those new to cryptocurrency. Offers 240+ cryptocurrencies! Strong security measures, including 2FA and insurance in case of a security breach. Cons Higher fees compared to some other platforms. Limited advanced trading features for experienced investors such as margin and derivative trading. Slow customer support Robinhood Why We Picked It: Robinhood is a popular investing app that gives users access to stocks and cryptocurrency! Robinhood is a mobile-friendly option for customers looking to have their investment portfolio in one user-friendly app. Pros Access to stocks and cryptocurrency! Commission-free cryptocurrency trading Mobile-friendly interface — making it a great choice for beginner investors! No minimum account balance required. Cons Limited selection of cryptocurrencies — just over 25 cryptocurrencies available! Because Robinhood is not a crypto-first platform, it lacks features like staking and derivative trading. Kraken Why We Picked It: Kraken is known for its strong emphasis on security, making it a top choice for investors who prioritize the safety of their digital assets. Pros Robust security features, including cold storage and strict surveillance. Low fees on Kraken Pro — ranging from 0-0.26%! Advanced features for experienced investors like margin and derivative trading! Cons Can be overwhelming for beginners due to its complex interface. Slower customer service response times. Gemini Why We Picked It: Gemini, founded in 2014 by Tyler and Cameron Winklevoss, is reknowned for its strong emphasis on security and compliance, making it a top choice for users who prioritize the safety of their digital assets. Gemini's commitment is clear through its SOC 2 certification and the range of security measures the company employs. Pros Robust Security Measures: Gemini's hot wallet is insured, and the platform employs several security protocols to protect user assets. Regulatory Compliance: Gemini's focus on compliance and licensing adds a layer of trust and reliability. User-Friendly Interface: Gemini’s website and mobile app offer an intuitive trading experience for traders of all levels! Cons Limited Cryptocurrency Selection: Gemini offers around 100 cryptocurrencies, fewer than some of its competitors. Higher Trading Fees: The platform's trading fees can be relatively high. Web orders above $200 are subject to fees of 1.49%. Crypto.com Why We Picked It: Crypto.com is a comprehensive platform offering a wide range of services, including a wallet, exchange, and crypto credit card. The exchange is known for offering generous credit card rewards to users who hold CRO — Crypto.com’s native cryptocurrency. Pros Wide range of services including an exchange, wallet, and crypto credit card. Competitive fees and discounts for using its native token, CRO. Large selection of cryptocurrencies and trading pairs. Cons Some users find the app interface cluttered. Slow customer support Most generous rewards are only available for users who hold a large amount of CRO. eToro Why We Picked It: eToro is a platform that offers access tp crypto and stocks. eToro allows users to automatically copy the trades of successful traders on the platform. This feature makes the platform appealing for those who are new to trading or those looking to leverage the expertise of more experienced traders. Pros Social Trading: eToro's standout feature allows users to mimic the trading strategies of successful investors, making it ideal for beginners. Diverse Investment options: eToro supports stocks and more than 80 cryptocurrencies. User-Friendly Interface: Both the web-based platform and mobile app are intuitively designed, making eToro a great choice for traders of all experience levels. Cons Trading Fees: eToro has a flat 1% fee for buying and selling cryptocurrencies — higher than some of the other exchanges on this list. Limited Advanced Trading Options: eToro may not be a good choice for investors looking for advanced trading tools and order types. Geographical Restrictions: eToro is not available in New York, Nevada, and Hawaii. CashApp Why We Picked It: Cash App is one of the most popular payment and financial services apps in the United States. In addition to its other features, Cash App makes it easy to buy, sell, and transfer BTC in just minutes! Pros User-Friendly Interface: Cash App is known for its straightforward and intuitive design, making it ideal for beginners in Bitcoin trading. Versatile Features: Beyond Bitcoin, Cash App offers a range of financial services, including peer-to-peer money transfers, direct deposits, and a debit card. Quick Bitcoin Transactions: Buying, selling, sending, and receiving Bitcoin is incredibly simple and fast, appealing to users who prioritize convenience. Cons Fees: Cash App charges fees for BTC transactions. These fees vary depending on the value of your transaction but can be as high as 3% Limited Cryptocurrency Options: Currently, Cash App only supports Bitcoin, limiting users who wish to explore other cryptocurrencies. OpenSea Why We Picked It: OpenSea is one of the most popular NFT marketplaces in the world! OpenSea is a great choice for investors interested in buying, selling, and creating NFTs. Pros User-friendly: OpenSea’s user-friendly interface makes it easy to buy, sell, and search for NFTs! Support for different wallets: OpenSea supports 10 different wallets — including MetaMask and Coinbase Wallet! Crypto and credit card support: OpenSea allows users to buy NFTs with cryptocurrency and credit cards. Cons Fees: OpenSea charges 2.5% fees on all NFT purchases. Scam listings: OpenSea has faced criticism for having scam and duplicate NFTs on its marketplace! CoinMarketCap CoinMarketCap is a great choice for traders looking for a crypto price tracker. A cryptocurrency price tracker can help you make informed trading decisions by showing live prices, market capitalizations, price charts, and other relevant information! Pros Live price tracking: CoinMarketCap has live price tracking for thousands of cryptocurrencies! Create your own watchlist: CoinMarketCap gives users the option to create a watchlist based on the cryptocurrencies they are interested in! Educational materials: CoinMarketCap offers educational materials for users new to crypto — including a glossary of crypto terms! Cons Glitches: Some users have complained about glitches on the CoinMarketCap user interface. MetaMask MetaMask is one of the world’s most popular software wallets. MetaMask is a great option for users who value decentralization and want to self-custody their cryptocurrency instead of storing it with a centralized exchange. Pros User friendly: MetaMask has a user-friendly interface that is easy to navigate — even for new investors! Open source: MetaMask is fully open source — which means that its code is reviewed and audited by developers around the world! Functionality: MetaMask allows users to trade crypto within the wallet and connect to decentralized applications! Cons EVM only: Currently, MetaMask only supports MetaMask and other EVM compatible chains. Coinbase Wallet Why we picked it: Coinbase Wallet is a software wallet supported by the Coinbase exchange. The wallet supports cryptocurrencies like Bitcoin, Ethereum, and Solana! Pros User friendly: Coinbase Wallet has been praised for its slick, user-friendly interface. Multiple blockchain support: Coinbase Wallet supports multiple blockchains — like Solana, Avalanche, and Ethereum! Device support: Coinbase Wallet is available on mobile, desktop, and as a browser extension! Cons Closed Source: Coinbase Wallet is closed source — which means its code is not available to be reviewed and audited by the public! TradingView Why we picked it: TradingView is one of the most popular and easy-to-use charting tools on the market. Crypto charting tools are a great way to understand market sentiment, predict trends, and make profitable trades! Pros User friendly: TradingView is easy to use and includes features for beginner and experienced traders alike! Stocks and crypto: TradingView supports price information for both stocks and cryptocurrency — making it a great choice for any trader! Free to start: TradingView allows you to get started creating your own charts for cryptocurrency and stocks for free! Cons Advanced features are available on TradingView Pro. CoinLedger Why we picked it: CoinLedger is the #1 tool on the market to help investors track their portfolios and generate complete crypto tax forms! CoinLedger can connect to your wallets and exchanges, and give you a comprehensive view of your gains, losses, and income. Pros User friendly: CoinLedger is the most user-friendly platform on the market. You can generate a tax report in less than 30 minutes! Free to get started: You can create a CoinLedger account and get started tracking your portfolio for free! DeFi, NFT, and exchange support: CoinLedger supports hundreds of DeFi protocols, exchanges, and NFT marketplaces! Customer support: If you need help, CoinLedger’s customer support team is available on email and chat! Tax-Loss Harvesting: CoinLedger’s Tax-Loss Harvesting report can help you find the biggest tax-saving opportunities in your portfolio! Cons Cannot pay in crypto: CoinLedger does not offer the option to pay for tax reports in cryptocurrency. What is a cryptocurrency exchange?
cryptocurrency exchange is a digital marketplace where traders can buy, sell, and exchange various cryptocurrencies. Similar to traditional stock exchanges, these platforms allow users to trade digital currencies like Bitcoin, Ethereum, and many others.
For those new to crypto investing, cryptocurrency exchanges are your gateway to the world of digital currencies. Getting started with an exchange account typically takes a few minutes. Once your identity is verified, you’ll be able to get started investing in your cryptocurrencies of choice!
How do I choose a cryptocurrency exchange?
Choosing the right cryptocurrency exchange is a big decision for a new investor. Here are a few key factors to consider:
Security Measures: Look for exchanges that prioritize security, offering features like two-factor authentication, cold storage, and insurance against potential breaches. Fee Structure: Understand the fee model of the exchange. High fees can take a large portion of your profits if you’re trading cryptocurrencies frequently! Supported Cryptocurrencies and Pairs: Make sure the exchange supports the cryptocurrencies you're interested in! User Experience: A user-friendly interface is crucial, especially for beginners. Look for platforms that offer ease of use without compromising on advanced trading features. Reputation: It’s important to choose an exchange with a stellar reputation. Before you get started, take a look at testimonials and reviews from other users. Regulatory Compliance: Ensure the exchange complies with local regulations, which can offer an additional layer of security and legitimacy. What other apps and tools are useful for crypto investors?
Remember, cryptocurrency exchanges aren’t the only useful applications for crypto enthusiasts! Let’s walk through a few tools that will help you become a more successful investor:
Crypto wallets: Remember, when you have your cryptocurrency on an exchange, you don’t have access to your private keys! In the past, investors who’ve held their cryptocurrency on exchanges have lost access to their holdings due to hacks and exchange bankruptcies. One option to protect yourself is to self-custody your crypto with a cryptocurrency wallet. Crypto portfolio trackers: If you are using multiple exchanges and wallets, you should consider getting started with a crypto portfolio tracker. By connecting your cryptocurrency accounts, you can get a complete view of your cryptocurrency portfolio! Crypto charting tools: Planning to trade cryptocurrencies regularly? Crypto charting tools can help you use technical analysis to predict how the price of a crypto-asset may change in the near future! Crypto tax tools: Every time you sell or dispose of cryptocurrency, you’ll incur a capital gain or loss that must be reported to tax agencies like the IRS. Crypto tax software can help you keep track of your tax bill across multiple wallets and exchanges. What is the best cryptocurrency app?
Coinbase is widely considered to be the best cryptocurrency application for investors. While the platform may not be suitable for experienced investors due to higher fees and a lack of advanced features, Coinbase is a fantastic option for beginner investors!
What is the lowest fee cryptocurrency app?
Kraken offers some of the lowest fees for crypto investors in the US and around the world! Currently, fees on the free Kraken Pro platform range from 0% - 0.26%.
What’s the best app to buy Bitcoin with a credit card?
While many exchanges offer the ability to purchase Bitcoin and other cryptocurrencies with a credit card, these purchases are subject to extra fees. Gemini is one of the cheapest exchanges to buy BTC with a credit card with fees of 3.49%.
What’s the best app to buy crypto with no verification?
There are some exchanges that allow cryptocurrency with
no KYC. At this time, most decentralized exchanges like Uniswap do not have verification processes for users.
It’s likely that many exchanges will be adding verification procedures in the near future. Due to the
Build Back Better Act, all cryptocurrency exchanges operating in the United States — centralized and decentralized — will soon be required to issue 1099 forms to the IRS and verify customer identity.