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Cryptocurrency Apps

There are several core metrics to consider when choosing the best crypto trading app for your skill set and financial goals. These include regulation and security, supported crypto markets, fees and commissions, and ease of use.

With that in mind, we've included our reviews of the best crypto trading apps below.

1. eToro – Best Crypto App

After reviewing more than 50 providers, we concluded that eToro offers the best crypto apps of 2022. When you choose this mobile trading app, you are using a brokerage firm that is authorized and regulated by multiple Tier 1 financial institutions. These include the SEC, ASIC, CySEC and FCA. This ensures safe execution of your transactions.

By downloading the eToro app, which is fully compatible with iOS and Android devices, you will have access to a wide range of markets. This includes the top 10 digital assets by large market cap - as well as many smaller coins. For example, DeFi tokens like AAVE, Cosmos, Decentraland, and Polkadot can be bought and sold 24/7. It has a total of 43+ crypto assets and allows you to deposit in fiat currencies, bank transfers, debit/credit cards and Paypal.

Best of all, this top-notch crypto trading app offers some of the most competitive fees. This is because you only pay the spread when you place your order. Also, if you live in the US, you can deposit and withdraw funds for free. This includes all supported payment methods - including debit/credit cards, e-wallets and bank transfers.

In addition to buying and selling cryptocurrencies, the eToro app provides access to thousands of tradable markets for stocks and ETFs, as well as foreign exchange, commodities and indices. What's more, the eToro app even allows you to trade passively - as you can choose a successful investor to copy likewise. Finally, eToro also offers professionally managed diversified smart portfolios. It also scored highly in Economy Watch's guide to the best bitcoin exchanges in the UK.

Buy cryptocurrencies on eToro now. Cryptoassets are a highly volatile, unregulated investment product. No UK or EU investor protection.

2. Webull - Best app for small purchases of cryptocurrencies

If you have a budget or just want to take a small amount of risk, Webull is probably one of the best encryption apps for this purpose. Crucially, not only can you get started with a Webull account without a minimum deposit, but you can buy and sell cryptocurrencies from as little as $1 per transaction. This allows you to trade crypto with negligible funds.

In terms of fees and commissions, Webull offers all of its markets on a spread-only basis. We found a spread of at least 1% on crypto trades - not overly competitive. To fund your Webull account, you can choose ACH or bank transfer. However, the latter will cost you an $8 deposit fee and a $25 withdrawal fee.

Buy Cryptocurrencies at Webull Now. Cryptoassets are a highly volatile, unregulated investment product. No UK or EU investor protection.

3. Coinbase – Best App for Beginners to Invest in Cryptocurrencies

Next we have Coinbase, probably one of the best crypto apps for beginners. As soon as you download the app to your device, you'll notice the user-friendliness of the interface. So if you've never bought or sold cryptocurrencies before, the Coinbase app might be for you.

However, our main problem with this beginner-friendly trading app is that you will be charged a hefty fee for your convenience. For example, Coinbase’s standard trading commission is 1.49% per slide — excluding spreads. If you use your debit/credit card to buy cryptocurrency through the app, you will pay up to 3.99%.

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