Best Crypto Exchange Apps 2022

Making Cryptocurrency Simple
Liam Kemp — Last Updated on January 17, 2022

Mobile phones have become an indispensable part of our lifestyle, and chances are, you’re holding one right now and reading this article on our mobile-friendly website. Our phones run a whole host of applications now that businesses have moved to the mobile realm. 

The same is true for cryptocurrency trading platforms. In an effort to make their services more accessible to crypto traders, the majority of crypto exchanges have launched separate mobile apps that allow traders to buy/sell assets and seamlessly manage their accounts.

If you’re not using your device right now, we know it’s probably within your arm’s reach. Take this piece of machinery, open Google Play or Apple Store, and download one of these cryptocurrency exchange apps that we’re about to present to you.

Btw, most of the exchanges on our best crypto exchange comparison have great apps!

Exchange Website Rating Currencies Available Cryptocurrencies Fees Our Review Visit Site
5/5 AUD & USD 300+ Cryptocurrencies 0.6% Swyftx Review Visit Site
4.5/5 Over 42 Currencies 400+ Cryptocurrencies 0.1% Binance Review Visit Site
4/5 AUD 100+ Cryptocurrencies 1% CoinSpot Review Visit Site
3.7/5 AUD 250+ Cryptocurrencies 0.5% Digital Surge Review Visit Site
3.5/5 AUD 48 Cryptocurrencies Varies CoinJar Review Visit Site
3.3/5 AUD & NZD 13 Cryptocurrencies 0.5% Independent Reserve Review Visit Site
3/5 USD 30+ Cryptocurrencies Varies Coinbase Review Visit Site
2.8/5 EUR, GBP & USD 90+ Cryptocurrencies Daily Fees eToro Review Visit Site
2.5/5 USD 5+ Cryptocurrencies 1% Gemini Review Visit Site
2.2/5 USD, GBP & EUR 50+ Cryptocurrencies 0.26% Kraken Review Visit Site
2/5 USD & Others 70+ Cryptocurrencies 3.5% CEX Review Visit Site
1.7/5 USD & 20 others 150+ Cryptocurrencies 0.1% KuCoin Review Visit Site
Bitpanda Logo 1.5/5 USD & 4 Others 52+ Cryptocurrencies Varies Bitpanda Review Visit Site
Shapeshift Logo 1.3/5 Crypto Only 70+ Cryptocurrencies Varies Shapeshift Review Visit Site
1/5 USD 90+ Cryptocurrencies 0.5% Changelly Review Visit Site
Disclaimer: This site is supported by its users. We may receive commissions for purchases made through the links on our site. This does not impact our reviews or comparisons, you can learn more about our Affiliate Disclosure.

The Best Cryptocurrency Exchange App – Reviews 2022

Swyftx exchange logo
5/5

WEBSITE:
swyftx.com.au

Country:
Australia

Currency:
AUD

Fees:
0.6%

Available Cryptocurrencies:
300+ Cryptocurrencies

Read Our Full Swyftx Review

1. Swyftx Exchange

Swyftx wasted no time in making a name for itself in the crypto industry by providing an intuitive platform, a vast array of supported altcoins, and robust security. The trading platform’s app is available for both iOS and Android devices and is well suited for beginners because it offers a clean and simple user interface and an excellent customer support team that can be reached at any time through their live chat bubble, telephone, or email.

Through the trading platform’s app, I was able to make fiat deposits and take advantage of the 280 supported cryptocurrencies at high liquidity. Even with high volume trades, I didn’t have to worry about getting unfavourable spreads because Swyftx has been designed from the ground up to be able to provide some of the best available spreads on the market. While on the go, I was able to take my skill set to the next level by trading through the app’s demo mode feature.

Swyftx takes security very seriously. The trading platform employs the services of Chainalysis, one of the largest blockchain analysis companies in the crypto industry, which performs external tests on the trading platform’s security systems and has a library of breached and compromised credentials. I was able to execute trades at quick processing times due to the platform’s native cryptocurrency wallet and sleep peacefully, knowing that I am protected by the exchange’s Self Managed Super Fund at all times.

Pros

  • An intuitive interface;
  • Robust security;
  • Self Managed Super Fund insurance;
  • Fiat deposits.

Cons

  • Higher fees than its competitors.

Visit Swyftx

binance logo
4.5/5

WEBSITE:
binance.com

Country:
Global

Currency:
Over 42 currencies

Fees:
0.1%

Available Cryptocurrencies:
400+ Cryptocurrencies

Read Our Full Binance Review

2. Binance Exchange

Very few cryptocurrency exchanges are able to match Binance’s extensive offering on altcoin selection, advanced trading features and stability. The trading platform provides some of the largest selections of currencies at high liquidity and manages to keep the fees at or below 0.1%.

I was able to take full advantage of the trading platform’s vast array of trading features, parameter customization and make the most of margin, leverage and day trades. The platform has its own security SAFU or Safety Asset Fund for Users fund where it stores 10% of its digital goods so that in case of an emergency, I can be reimbursed for any losses that I might experience.

Binance provides its services in app form, which is suited for both desktop devices, such as Windows and MAC, as well as mobile ones such as Android and iOS. The app’s interface is intuitive and provides a smooth trading experience. I wasn’t required to create a separate user account for the app version of the platform, I just needed to link my existing account to the app and all of their data and balances were synced immediately.

Pros

  • Advanced features;
  • A lot of customization options;
  • Low fees;
  • Multiple wallets;
  • High liquidity.

Cons

  • No support for bank deposit payments;
  • Not well suited for beginner traders.

Visit Binance

coinspot logo
4/5

WEBSITE:
coinspot.com.au

Country:
Australia

Currency:
AUD

Fees:
1%

Available Cryptocurrencies:
100+ Cryptocurrencies

3. CoinSpot Exchange

CoinSpot is one of Australia’s most popular cryptocurrency exchanges. The trading platform was founded back in 2013 by Russell Wilson in Melbourne. Since then, CoinSpot has expanded its offering to include over 200 currencies and digital goods at some of the most competitive fees in the industry. As modern times call for modern measures, the trading platform has cloned its desktop offering and placed it in a convenient and easy-to-use app for those on the go.

By making use of the app, I was able to view my trading history, follow currency price movements, place new orders, open positions, and receive notifications on every move. The app itself is available for both Android and iOS devices and comes at no extra cost.

CoinSpot charges a transaction fee on the fiat currency deposits to generate revenue. Therefore, as a trader, I was incentivized to buy and sell Bitcoin more frequently by being offered lower trade fees in order to generate more revenue. In addition, the CoinSpot affiliate program allows me to earn a commission of up to 30% on the trading fees whenever someone registers for an account or makes a purchase using my referral link.

Pros

  • Great customer support;
  • An affiliate program;
  • A great security infrastructure;
  • Low fees.

Cons

  • Withdrawals have limits that change depending on the withdrawal methods.

Visit CoinSpot

digitalsurge-exchange-logo
3.7/5

WEBSITE:
digitalsurge.com.au

Country:
Australia

Currency:
AUD

Fees:
0.5%

Available Cryptocurrencies:
250+ Cryptocurrencies

4. Digital Surge Exchange

Digital Surge features an app for both mobile and desktop devices. I prefer to do my business on platforms that provide me with full control over my account when I’m executing deals and tracking investments regardless of the time and place. Turns out the Digital Surge exchange app was exactly what I wanted. The app is available from the crypto platform’s official website.

The app offers full access to all the trading platform’s supported currencies to Australian residents. I even managed to settle some of my utility bills by selecting BPAY as my default instant payment provider.

Fees at Digital Surge vary and are tied in with the monthly trading volumes. They start at 0.5% but can fall to 0.1% if you are dealing in high volumes. I was able to instantly deposit funds through PayID and POLi. I even tried the traditional bank transfer, which took a bit longer but saved me some funds on the fee end.

The exchange is known for having an excellent support team, as well as a FAQ section, so I made sure to take them for a spin and see what they had to offer. All of my quarries were resolved in a matter of hours or minutes, which I found quite impressive.

The trading platform is completely legitimate and under regulation with AUSTRAC. This does imply that the exchange is sifted by AML and CFT protocols, however, this only adds to the platform’s security. I was able to connect my crypto wallet address to their balances and transfer their funds there upon trade completion.

Pros

  • Regulated platform;
  • Straightforward verification process;
  • Great security infrastructure;
  • A multitude of deposit methods.

Cons

  • No support for credit card purchases;
  • Limited advanced features.

Visit Digital Surge

coinjar-logo
3.5/5

WEBSITE:
coinjar.com

Country:
Australia

Currency:
AUD

Fees:
Varies

Available Cryptocurrencies:
48 Cryptocurrencies

5. CoinJar Exchange

With over 400,000 users and almost a decade of experience on the Australian market, Coinjar is a mainstream brand among the local crypto community. Thereby, it didn’t come as a surprise to me that they feature a state-of-the-art mobile app for a full on-the-go crypto experience.

My first impression was that the Coinjar mobile app has inherited the same ease of use as the web-based Coinjar platform. For one, it facilitates purchases and sales of all supported coins in a very time-efficient manner. I was also impressed by the cost-efficiency of their instant market — credit and debit card purchases incur a fee of only 2%, which is remarkably lower than the 5% industry standard. You get the same user-friendly environment on other types of crypto-transfers regardless of your geographical location.

Another thing worth mentioning is that I also used the app to try ConJar Bundles —a useful tool that simplifies fiat-cost averaging by utilizing automatic transfers in order to provide bundles of crypto coins in a single transaction.

Finally, by using the mobile Coinjar version, you’ll have a compact view of the performance of all cryptocurrencies you own. I really liked how the app allows you to set your own price alert based on your individual interests.

Pros:

  • Competitive fees;
  • Multiple options for AUD payments;
  • Seamless in-platform navigation.

Cons:

  • A low selection of coins;
  • Pricing depends on a variable spread.

Visit CoinJar

independentreserve-exchange-logo
3.3/5

WEBSITE:
independentreserve.com

Country:
Australia

Currency:
AUD & NZD

Fees:
0.5%

Available Cryptocurrencies:
13 Cryptocurrencies

Read Our Full Independent Reserve Review

6. Independent Reserve Exchange

The well-established Australian-native crypto exchange, Independent Reserve, features a highly functional mobile app with nearly the same options as the original web-based IR platform. The app is available for both Android and iOS users and from what I saw, it can be an ultra-handy trading tool for various on-the-go crypto activities.

On IR, I could smoothly buy and sell all platform-supported cryptocurrencies including the most attractive coins like Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and Tether (USDT). Apart from the basic trading feature, I had the chance to try AutoBuy and AutoSell ordering and transfer funds from and to my in-app wallet.

However, what I liked best was the clear insight into my portfolio that allows you to track price movements with ease. If you get stuck at some point, there is support available 24/7 to lean on.

When it comes to security, you don’t have to worry at all. Independent Reserve is a trustworthy marketplace that applies the highest security standards in the industry. The mobile phone app supports 2FA and distributes all your encrypted data in data centres scattered across various geographical locations.

Pros:

  • Transparent fee system;
  • High-security standards and full compliance with local regulations;
  • Easy navigation.

Cons:

  • Some platform-supported coins have low liquidity;
  • Deposit fees for lower depositing amounts.

Visit Independent Reserve

coinbase logo
3/5

WEBSITE:
coinbase.com

Country:
United States

Currency:
USD

Fees:
Varies

Available Cryptocurrencies:
30+ Cryptocurrencies

Read Our Full Coinbase Review

7. Coinbase Exchange

No better platform to start with than the crypto veteran, Coinbase. This crypto exchange was launched back in 2012 as the joint project of Brian Armstrong and Fred Ehrsam. Coinbase keeps a spotless record and is best-known as a beginner-friendly platform with unparalleled security.

Coinbase is a cryptocurrency brokerage that replaces the order matching process by directly providing assets to buyers and acquiring crypto from sellers in exchange for fiat. At the start, Bitcoin was the only digital asset available, whereas now, traders can choose between BTC, Bitcoin Cash (BCH), Ethereum (ETH), and Litecoin (LTC).

Users can exchange these tokens for crypto or buy them with fiat using one of the accepted fiat currencies (USD, EUR, or GBP). One way to do so is by linking your bank account to make a bank transfer or use your credit/debit card. However, keep in mind that card purchases cost a little extra.

Coinbase’s mobile app is compatible with iOS and Android devices. In terms of functionality, its services are the same as those offered on its web-based platform. One upside of this app is that you can use it in English, Italian, French, German, Spanish, Portuguese, and Dutch. Coinbase users are welcome to use the secure multi-asset Coinbase wallet for storing their funds.

Visit Coinbase

eToro logo
2.8/5

WEBSITE:
etoro.com

Country:
Europe

Currency:
EUR, GBP & USD

Fees:
Daily Fees

Available Cryptocurrencies:
90+ Cryptocurrencies

Read Our Full eToro Review

8. eToro Exchange

The appeal and popularity of cryptocurrency trading has managed to lure a lot of financial brokers. One such example is eToro, a multi-asset trading company from Israel, with a long-standing history in the business. The platform was launched in 2007 in Tel Aviv and was first used for other financial assets such as forex, commodities, ETFs, CFDs, indexes, etc.

eToro has no geographical restrictions apart from a few blacklisted countries. Apart from Tel Aviv, the company operates in the UK, Cyprus, Sydney, and the US. Since 2007, eToro has had enough time to work on its compliance level and become a registered entity with FCA, FinCEN, ASIC, and CySEC. As if that weren’t enough, eToro has a cross-border license that allows the company to operate within the European Economic Area.

In 2013, eToro opened up to the crypto market by introducing Bitcoin CFDs. When you invest in this type of trade, you don’t actually purchase BTC but instead, you speculate on its price and earn or lose money depending on the outcome. Later on, eToro added support for direct purchases of BTC, BCH, ETH, XRP, LTC, and Stellar (XLM).

The accepted payment methods are assets from digital wallets, debit/credit cards, or bank transfers. As for the fees, eToro charges competitive spreads but you’ll have to check their fee schedule as they aren’t fixed. eToro’s mobile app is perfect for trading on-the-go and offers custodial services for your funds.

Visit eToro

Gemini Logo
2.5/5

WEBSITE:
gemini.com

Country:
United States

Currency:
USD

Fees:
1%

Available Cryptocurrencies:
5+ Cryptocurrencies

Read Our Full Gemini Review

9. Gemini Exchange

Gemini is an American-based platform, with offices in New York City. It was launched in 2015 by the Winklevoss twins, two early Bitcoin investors.

The fact that Gemini is available in NY when most crypto exchanges that operate in the United States are usually unavailable in NY and Washington due to their strict regulatory policies, proves that the platform takes regulations and cybersecurity very seriously. Apart from the regular audits, Gemini has already passed both the SOC 1 Type 1 and SOC 2 Type 2 compliance exams and has obtained a license from the NYDFS.

Gemini has a range of cryptocurrencies to trade with and different assets for fiat purchases based on the currency of your choice. The list is too long, but it would suffice to say that Gemini has everything, from the most prominent assets, stablecoins, and decentralized tokens, to some unknown but trustworthy small-cap tokens.

The Gemini mobile app can be found on App and Galaxy Store, as well as on Google Play. Its user interface doesn’t differ much from the online platform and it’s integrated with a sound crypto wallet. The best thing about this app is that it allows you to activate notifications for price alerts and make recurring buys.

Recently, Gemini integrated the Web Authenticator Security protocol, so now you can link Yubikey, Trezor, or Ledger to your two-factor authentication.

Visit Gemini

Kraken logo
2.2/5

WEBSITE:
kraken.com

Country:
United States

Currency:
USD, GBP & EUR

Fees:
0.26%

Available Cryptocurrencies:
50+ Cryptocurrencies

Read Our Full Kraken Review

10. Kraken Exchange

Kraken is a San-Francisco-based cryptocurrency exchange and altcoin trading platform. It started work in the early days of crypto, in 2011 to be precise, as the solo project of cybersecurity expert Jesse Powell.

Powell had previous experience in the crypto industry and even took part in the team assigned to get Mt. Gox back on its feet after the devastating hacking attack (to no avail). Taking this episode into account, it’s no wonder that Kraken excels at providing top-notch security for its users and their funds.

As part of the onboarding process, Kraken users need to complete a KYC (Know Your Customer) check and verify their identity using their full name, address, phone number, and in most cases, a utility bill along with a government-issued ID. Account-wise, they’ll be able to activate 2FA and some advanced privacy options with the Global Settings Lock and the Master Key.

Kraken is the perfect fiat gateway for beginners, as it supports a range of fiat currencies (USD, EUR, GBP, CAD, AUD, CHF, and JPY). We love its slick interface and user-friendly design that has been translated to Kraken’s mobile apps too. The platform has a regular Kraken app for traders with every level of experience. Then there’s the Kraken Pro app which is designed for “power users”, and the Kraken Futures app which is perfect for clients interested in futures and margin trading. You can learn more about the apps here.

Visit Kraken

2.2/5
cex logo
2/5

WEBSITE:
cex.io

Country:
UK

Currency:
USD & Others

Fees:
3.5%

Available Cryptocurrencies:
70+ Cryptocurrencies

Read Our Full CEX.io Review

11. CEX Exchange

If you’re living in the UK, chances are you’ve already heard about CEX.io. This London-based crypto exchange was founded in 2013 and is now considered a household name not only for local, but for international traders as well. This is partly owed to the fact that CEX.io has already branched out with separate offices in Ireland, Ukraine, the US, Cyprus, and Gibraltar.

As a crypto business, CEX.io is quite vocal on the regulatory challenges that these types of exchanges continue to face. Its team comprises some of the founders of the digital assets trade organization CryptoUK, which aims to foster dialogue between crypto businesses and the Financial Conduct Authority (FCA).

On CEX.io, you can purchase one of the following digital currencies: BTC, ETH, LTC, BCH, XRP, XLM, Dash, and ZCash. As for trading, the platform offers over 60 different currencies and hundreds of trading pairs (USD, EUR, GBP, and RUB included).

On another note, did you know that CEX.io pioneered card purchases on cryptocurrency? That’s right. They were the first to acknowledge the traders’ interest in this type of payment method and add support for VISA and MasterCard purchases for a 2.99% fee per order. There are no additional fees for bank transfers.

Download CEX.io’s app on your mobile device to make trading cryptocurrency easier than ever. The exchange has integrated its technical indicators and charts to customize your orders wherever you are.

Visit CEX

KuCoin logo
1.7/5

WEBSITE:
kucoin.com

Country:
Hong Kong

Currency:
20+ Fiat Currencies

Fees:
0.1%

Available Cryptocurrencies:
150+ Cryptocurrencies

Read Our Full KuCoin Review

12. KuCoin Exchange

KuCoin was founded in 2017 and began work from its office in Hong Kong, before moving to Singapore. Actually, the team of experts designing the platform took more than 4 years to polish KuCoin’s software architecture, trying to foresee and eliminate all possible caveats. Finally, raising enough money during the 2017 ICO, KuCoin entered the crypto scene.

For a while, KuCoin was used only as a crypto-to-crypto exchange, but the platform has recently solved the issue with not having fiat support through its partnership with the third-party payment processor, Simplex. The list includes some less represented fiat currencies like the Chilean, the Colombian, the Philippine, and the Argentine peso (CLP, COP, PHP, and ARS respectively), the Indian rupee (INR), the United Arab Emirates dirham (AED), etc.

Simplex lets customers pay with their credit/debit cards or make bank transfers by adding their bank details. Moreover, Kucoin has added support for PayPal, so that users can spend their PayPal balance on crypto too.

Like most crypto platforms, Kucoin has withdrawal limits depending on your verification level. If you register with your email address only, your account is eligible for withdrawals of 2 BTC per day. Verified accounts lift this tier to 100 BTC in daily withdrawals.

Visit KuCoin

Bitpanda Logo
1.5/5

WEBSITE:
bitpanda.com

Country:
Austria

Currency:
EUR, GBP, USD, CHF & TRY

Fees:
Varies

Available Cryptocurrencies:
52+ Cryptocurrencies

13. Bitpanda Exchange

Bitpanda is a cryptocurrency neobroker founded in 2014 in Vienna, Austria. This is the most highly-established and trustworthy crypto platform in the European Union, available in over 20 countries.

This exchange supports a variety of altcoins and adds new coins regularly by following new market trends and popular demand (as its recent introduction of ADA and EOS, for example). Verified accounts are eligible for fiat purchases in one of the following currencies: EUR, GBP, USD, CHF, and TRY. You can place your order via SEPA, NETELLER, SOFORT, or Skrill transfers, or use your Visa/Mastercard.

In the past year or two, Bitpanda has been a real show-stealer in the crypto community by introducing all sorts of innovative solutions for its customers. There’s the Bitpanda To Go service, a prepaid coupon that can be exchanged for crypto; Bitpanda Swap for instant crypto swaps between Bitpanda users; Bitpanda Pro, for advanced users; Bitpanda Savings – a regular savings account but better; and Bitpanda Metals, in case you want to branch out in metal tokens.

But that’s not all! Bitpanda, together with Cointis, has launched a Bitpanda card that converts the crypto assets from your Bitpanda balance into fiat instantaneously. “Combining the practicality of fiat with the benefits of blockchain has helped prove the long-term legitimacy of digital finance. A card that allows seamless spending is one of the leading-edge innovations for crypto accounts”, says Cointis Executive Chairman, Peter Cox.

The Bitpanda mobile app doubles as a crypto wallet and is available for iOS and Android devices.

Visit Bitpanda

Shapeshift Logo
1.3/5

WEBSITE:
shapeshift.com

Country:
Switzerland

Currency:
Crypto Only

Fees:
Varies

Available Cryptocurrencies:
70+ Cryptocurrencies

14. ShapeShift Exchange

The eight cryptocurrency exchanges we reviewed so far are all centralized platforms. They play the role of intermediaries or middlemen that provide liquidity and make sure the money goes from the buyer to the seller. They store your assets in hot or cold wallets and promise security. In return, they ask for your personal information and charge you for their services.

The second type of cryptocurrency exchanges are the so-called decentralized exchanges or DEXs for short. These platforms typically have automated order matching of buyers and sellers without third-party intervention or have the users manually choose an order from the platform’s order book. Once the other party accepts, the two of them agree on the most suitable payment method.

ShapeShift is one such decentralized platform founded by Erik Voorhees in 2014 in Switzerland. The exchange is non-custodial, meaning that it doesn’t keep users’ data nor funds on its servers. It supports 50 digital currencies and asks for no more than an email address on crypto-to-crypto trades.

Conversely, if you want to buy crypto with fiat, you’ll be asked to verify your identity. Similarly to some other exchanges on our list, they’ve partnered with Simplex to facilitate these payments. However, for now, they only accept EUR and USD. You can download ShapeShift’s app for free on Google Play and App Store.

Visit ShapeShift

Changelly Logo
1/5

WEBSITE:
changelly.com

Country:
Czech Republic

Currency:
USD & EUR

Fees:
0.5%

Available Cryptocurrencies:
90+ Cryptocurrencies

15. Changelly Exchange

The second decentralized platform and the last cryptocurrency exchange on our list is Changelly. Founded in 2015 in Prague, Czech Republic, this platform has had an international clientele of more than 1.5 million users throughout the years.

Changelly includes buying and selling offers for +150 cryptocurrencies in its books, from the industry’s finest to some brand new and experimental tokens. As mentioned above, payment options range from bank transfers to card purchases and even cash if the two parties decide to meet in-person.

If you’re looking for crypto trading, Changelly charges 0.25% per transaction. Thanks to its scaled approach, your fees can get lower as your trading progresses in volume. Also, crypto trading doesn’t require identity verification, unlike fiat purchases.

The Changelly mobile app is available for iPhones and Android devices. It only takes up 8 Mb memory and you can download it free of charge. The app has the same type of usability as the web-based platform itself, including the option to go through your transaction history, make instant crypto swaps, and check real-time market data.

Visit Changelly

Disclaimer: This site is supported by its users. We may receive commissions for purchases made through the links on our site. This does not impact our reviews or comparisons, you can learn more about our Affiliate Disclosure.

What to Look for in a Crypto Exchange App

Availability and Compliance

For some of you, this might be the first time you’re joining a cryptocurrency exchange to trade cryptocurrencies. The first thing you should check is whether the exchange app you’re considering is licensed to operate in your place of residence. The exchanges on our list are all extremely reliable and have made an effort to comply with local financial regulators and obtain suitable licenses. This means adhering to AML (Anti-Money Laundering) and CFT (Combating the Financing of Terrorism) policies and including mandatory KYC (Know Your Customer) checks in order to verify the identity of their clients and prevent potential scams and frauds.

Security

Security should be your number one priority when entering the crypto market. Like most financial brokers, crypto platforms are exposed to cyber threats, hacking attacks, and security breaches. This is why you need to choose an exchange app that consistently maintains a high level of security. Measures to look for are two-factor authentication, encryption protocols, withdrawal whitelists, additional settings lock, temporary account-freeze, etc. Storage-wise, the exchange should preferably store users’ funds in offline wallets (cold storage). However, we don’t recommend entrusting online platforms with your money as there’s always a risk factor involved.

Live Market Analysis

One of the things you learn early on is that there’s always something new on the crypto market. Unlike some other financial markets, the crypto one is open 24/7, so whenever you decide to leave your screen for a moment, you could risk missing out on some upward or downward trend.

When looking for a suitable exchange app, search for one that displays real-time market data and charting indicators to follow market movements on-the-go. This way, you won’t suffer from FOMO (Fear Of Missing Out) and can plan your next move in advance.

Frequently Asked Questions

Bitcoin exchange apps are very easy to use and the purchase can be over with just a couple of clicks on your mobile device. As soon as you have downloaded the app, either log into your account if you’ve already registered on the exchange’s web-based platform or complete the onboarding process on your phone. Next, choose a depositing method and go back to the homepage to hit the Buy button. Here, select BTC, specify the purchasing amount, and the payment option you’re going for. Click Purchase to complete the order.

If you want to try your hand at other cryptocurrencies besides Bitcoin, the most lucrative altcoins for 2021 are Ethereum (ETH) and Stellar (XLM). We suggest investing in Ethereum or looking into this currency’s blockchain if you’re interested in decentralized blockchain solutions such as smart contracts, dapps, or even developing your own cryptocurrency. Stellar, on the other hand, might turn out to be the future global payment network as its main focus is on making cross-border payments faster and cheaper, closely working with banking systems in the process.

We know that choosing the right exchange can be a tedious task but the truth is there isn’t one answer that fits all traders, their investment plans, and initial capital. That’s why we can only give you pointers on how to make this decision-making process less painstaking. First, make sure the exchange you’re going for is available in your area and supports a range of digital assets for trading (including your target pair). Moreover, trading platforms need to offer high liquidity and low fees that can get even lower as your trading volume increases. Finally, if you plan on using the exchange to store your funds, find out what kind of security measures it employs.

Coinmama is a very popular and trustworthy cryptocurrency exchange, so we find it quite surprising that their services are still unavailable on-the-go. Unfortunately, Coinmama doesn’t provide a mobile app for its users but we sincerely hope they’ll launch one soon.