Top 10 Best Investment Apps for Crypto of July 2023

Close-up photo of a woman buying cryptocurrency through a smart phone app that is also showing the growth graph.vm / Getty Images

Cryptocurrency apps are convenient tools for buying, selling and storing your crypto. However, there are numerous options, and each app has its own set of pros and cons. Keep reading to learn about the best cryptocurrency apps of 2023.

Cryptocurrency apps are convenient tools for buying, selling and storing your crypto. However, there are numerous options, and each app has its own set of pros and cons. Keep reading to learn about the best cryptocurrency apps of 2023. 10 Best Cryptocurrency Apps

Here is a glance at 10 of the best cryptocurrency apps available today.

1. Binance

Binance offers a diverse set of cryptocurrencies for trading and a rich set of features that can appeal to both novice and experienced traders. The Binance platform is known for its low trading fees, which start at 0.1% and can be even lower if you use the Binance Coin (BNB) to pay. For users seeking an enhanced experience, Binance has advanced charting tools and a wide range of indicators for in-depth market analysis. 

Pros

Wide range of cryptocurrencies and trading pairs

Low trading fees and further reductions when using Binance Coin (BNB)

Feature-rich platform with advanced tools

Cons

The extensive array of features may be overwhelming for beginners

No phone support available

2. Robinhood

Robinhood, established in 2013, is well-known for its commission-free trading that extends to cryptocurrency trading as well. This platform initially gained popularity as a stock trading app but expanded its offerings to include cryptocurrencies.

Is Robinhood good for crypto? The simplicity and ease of use make Robinhood an attractive option for newcomers. However, it is worth mentioning that Robinhood’s cryptocurrency offerings are relatively limited compared to specialized cryptocurrency exchanges. Robinhood can be a great option for users who want to trade stocks and buy popular cryptocurrencies like bitcoin and ethereum in one app. 

3. SoFi

SoFi is best known for banking and loans but also offers a basic crypto-trading platform. It’s fairly limited, offering only 22 of the most-recognized tokens. However, beginners interested in trading with a recognized financial institution could find the small number of crypto options acceptable.

SoFi’s crypto structure is on the pricier side but fairly straightforward. There’s a 1.25% markup fee on transactions. Trading volume is limited to $100,000 per day, making it a good choice for getting started with crypto. However, it’s not well-equipped for more advanced traders.

Pros

Up to $100 in bitcoin for signing up

User-friendly app

Cons

Only 22 coins available

Larger-than-average $10 minimum purchase.

4. Coinbase

One of the most popular options, Coinbase makes this list for its ease. The platform is full-featured enough to work for beginners and offers Advanced Trade for more experienced users. Because of its user-friendly interface, the Coinbase app is excellent for people who are newer to crypto trading. Coinbase offers low trading minimums and a wide range of education on crypto. It also offers a more advanced platform called Coinbase Pro, aimed at those who want more analytics and trading tools.

Pros

Free linked Coinbase Card earns cryptocurrency rewards

Free tokens for learning and taking quizzes on crypto

Investing for Everyone

5. Crypto.com

Crypto.com is ideal for large-scale crypto traders. With a wide range of options available, Crypto.com is becoming a fast-growing network. Fees are assessed on volume, which is convenient for high-volume traders.

Pros

Relatively low trading fees

250+ assets available in the U.S.

Cons

App download required for the best experience

Fees for every withdrawal

Final words

Since there are many crypto exchanges available, you have to figure out which features are important for you. Beginner investors and professional traders have different needs, which is why you should make your choice carefully. Compare your options and consider the fees and availability before making a decision.

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