13 Best Cryptocurrency Exchanges and Apps in the US in 2023

We do not include the universe of companies or financial offers that may be available to you. The main drawback of using Cash App to buy and store Bitcoin is that the in-app wallet is custodial, which means the company holds your virtual currency on your behalf. While custodial wallets can be convenient, they are also regarded as less secure than non-custodial wallets. However, – since you can withdraw your Bitcoin from Cash App, you can move your cryptocurrency into a personal wallet to which you hold the private keys. Traders and investors who prefer to trade on a highly secure platform will appreciate what Gemini has to offer. Launched in 2014 by Tyler and Cameron Winklevoss, Gemini stands out for putting a strong emphasis on security and compliance.

• The growing demand for digital currencies is evident, driven by increasing awareness of their technology and potential uses.
• While the exchange normally applies a maker/taker fee to spot transactions starting at 0.1% each, users may earn a 25% discount on fees by owning a certain number of BNB tokens.
• Gemini also encourages users to utilize two-factor authentication to secure their accounts and provides the option to review and approve devices used to log onto the trading account.
• Users who are interested in spot trading will enjoy the low trading fees and a decent selection of popular cryptocurrencies.

This allows retail traders and investors to buy stocks when they first go public at IPO prices. This was typically reserved for high net-worth investors and funds in the past. IPhone holders will need to wait to get their hands on a XTB mobile app, although everyone can trade on the XTB’s desktop platform. The exchange platform provides a trading domain for mobile and high-volume investors. Furthermore, it is one of the biggest brokers that aggregates liquidity with lower prices on Platforms like Huobi and Binance. Furthermore, Binance has crypto derivatives such as options, spot markets, staking, and futures.

Which is the right crypto app for you?

If you will be trading from the Android app regularly, then it is crucial that the app has low transaction fees and is feasible. It is also pertinent that the platform is available as a desktop or web app. Cryptocurrency mining and trading are some of the most popular investments in 2021, and chances are you may even have a nifty crypto portfolio for yourself. The cryptocurrency boom is getting bigger and bigger; people all over the world now finally realize that cryptocurrency is more than just a trend. Many places have now started accepting Bitcoins and Ethereum as valid methods of payment for goods or services. Want to buy and sell Bitcoin or other cryptocurrencies on your Android phone?

• The mobile application lets users view a number of trading ideas, real-time quotes, and charts all available for wherever you are at whatever time.
• The eToro mobile application provides access to all major features including real-time execution trading, unlimited withdraws, copy trading and more.
• In December 2020, the Commonwealth of Massachusetts alleged Robinhood exploited gamification techniques to deceive users and aggressively lure inexperienced investors to its website.
• Gemini made our list for its rewards opportunities and its respectable mobile app rating.

It offers an ecosystem of yield-generating products, a Crypto.org Chain. Its blockchain and a utility token called Cronos (CRO) help crypto traders to increase savings account yield and reduce the trading commissions. Recently, Robinhood has been blasted for unexpected outages and trade limits due to market volatility and fined by regulators for misleading users, which resulted in hefty fees.

Huobi – Specialized Crypto App for Traders

The Android app is well designed with an easy-to-use minimalistic user interface. Gemini mobile application allows you to securely buy a variety of coins, including Bitcoin & Ethereum, you can set recurring buys, build your crypto portfolio, and execute trades flawlessly on the go. Coinbase user-friendly mobile app allows you to securely buy, store and sell cryptocurrencies like Bitcoin, Ethereum, Litecoin, and many more. The eToro mobile application provides access to all major features including real-time execution trading, unlimited withdraws, copy trading and more. The CEX.IO mobile app allows you to trade, sell, and buy Bitcoin and other cryptocurrencies instantly, anytime and anywhere.

• Huobi global mobile application has a variety of features making it an ideal place to buy, sell and trade digital assets.
• Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy.
• Justin Chuh is a senior trader at Wave Financial, a $500 million crypto wealth manager.
• The app offers real-time market analysis modes with real-time price warning, as well as insightful candlestick charts to help manage your portfolio.
• Citizens of the United States, Denmark, Argentina, Switzerland, Venezuela, Singapore, and 50+ countries can open an account with Fixedfloat.

Before we dive into the best cryptocurrency apps for Android, it is important to know the typical features of a cryptocurrency app and what makes a good crypto app great. To choose the most suitable app, you will need to decide what is more important. Bitpanda is all about ease of use and is a great starting platform for beginners. The mobile app goes where you go, giving you total control and all the necessary tools for cryptocurrency portfolio handing. This exchange is more focused on the traditional side, yet they do include cryptocurrencies such as BTC, ETH, LTC, and XRP. The unique thing about this platform is that you can copy-trade other profitable traders possibly making a great passive income.

eToro

Crypto apps can vastly differ in their number of trading options, from Kraken’s limited 65+ assets to Binance’s whopping 600+ assets. Gemini is among the best cryptocurrency apps when it comes to security. Founded by Cameron and Tyler Winklevoss in 2014, this exchange / custodian is regulated by the New York Department of Financial Services, and includes FDIC insurance on USD deposits.

• 3Commas provides all tools for crypto traders to maximize profits, minimize risks, and limit losses across multiple exchanges.
• The BTC.com app allows users to monitor the status of the Bitcoin mining network, including key information such as the current hashrate and mining difficulty.
• In addition to the wide range of cryptocurrencies available on this exchange, users can earn crypto rewards with every purchase made using the Gemini credit card.
• As an algorithm-managed investment tool, you may worry that it’s not reliable.
• Gemini also offers a cryptocurrency reward card and allows users to pay for goods and services with crypto.
• Binance is a global cryptocurrency exchange originating from China, their headquarters moved to more crypto-friendly Island of Malta in the EU.

For Coinbase Advanced Trade, you’ll pay fees that start at 0.6 percent for 30-day volume under $10,000 and decline to as low as 0.15 percent for up to $100,000 in volume and then head even lower. The SEC sued Binance in June 2023, alleging that it had illegally operated as an exchange, broker-dealer and clearing agency and offered and sold unregistered securities. The lawsuit also accused Binance and founder Changpeng Zhao of misusing customer funds. SEC Chair Gary Gensler warned of using Binance platforms, while Binance said customers’ assets are safe. If you are looking to purchase cryptocurrencies, signing up for a crypto exchange can be your best option to get started.

Pi Network – A crypto project distributing Pi coins through their app

Trades for non-crypto assets, including stocks and ETFs, are commission free. Altogether, this makes eToro one of the best crypto exchanges for anyone with a portfolio across multiple asset classes looking for a single convenient place to trade. Webull may not be the poster child for trading apps, but its feature set feels a step above Robinhood’s. Like its well-known rival, Webull offers stocks, options, ETFs and cryptocurrencies with no out-of-pocket commission. And similarly, Webull works on a spread markup for its crypto trades, so your cost is built into the trade. You’re also able to trade a few more coins than you’re able to at Robinhood, including Cardano.

• After launching in 2016, Crypto.com has established itself as one of the leading global crypto exchanges.
• Ellevest is a robo-advisor service run by women and marketed to women.
• There are also legit crypto mining apps for Android that are used to manage cryptocurrency rigs remotely.

The exchange offers a robust suite of trading features including margin trading, derivatives trading, and limit/stop orders. It also has an institutional trading desk for over the counter (OTC) and dark-pool trading, and smart-chain analysis with over 50 different trading indicators. THe exchange even lets users code custom trading bots using the Huobi API. Coinbase benefits from being one of the only fully audited cryptocurrency exchanges, ensuring that all deposits users hold at the exchange are fully backed.

Binance

In line with the Trust Project guidelines, the educational content on this website is offered in good faith and for general information purposes only. BeInCrypto prioritizes providing high-quality information, taking the time to research and create informative content for readers. While partners may reward the company with commissions for placements in articles, these commissions do not influence the unbiased, honest, and helpful content creation process. Any action taken by the reader based on this information is strictly at their own risk. The app comes packed with pro-features and it also supports futures trading with up to 125x leverage on the BTC-USDT trading pair.

• We do not include the universe of companies or financial offers that may be available to you.
• This means they are disconnected from the internet, and thus protected from hackers.
• IBKR also brokers stocks, so you can manage all your assets all in one place.
• See our reviews and comparison above for a deeper dive into the services offered by each.
• With an emphasis on regulatory compliance, Forbes Digital Assets ranked the top 60 cryptocurrency exchanges in the world.

Robinhood is one of the most popular cryptocurrency exchange apps with great reviews on different platforms. It is a commission-free trading platform that enables immediate edge a scam investors to trade stocks, options, ETFs, and cryptocurrency. In its early stages, Robinhood was among the first brokers to provide unlimited transactions.

What is a crypto exchange?

It prioritizes security with multi-factor authentication, cold storage, and regular security audits, earning trust in a risky crypto landscape. Zengo enhances user experience through a friendly interface, extensive crypto support, and seamless payment integration. It eliminates private critical vulnerabilities as the most secure non-custodial wallet in Web3. Zengo facilitates the storage, buying, swapping, and sending of various cryptocurrencies, including BTC, ETH, SHIB, and DOGE, with 24/7 support. The app Pro offers added security with Multi-Factor Authentication and 24/7 Priority Support. Serving users worldwide, except in certain countries, Zengo handles numerous fiat currencies and 120+ cryptocurrencies, with fees ranging from 0.75% to 1.99%.

• Beginners may find the app overwhelming at first, but after a while, it will become second nature and you won’t even need the desktop platform.
• The Coinbase app has a phenomenal user interface that is modern and easy to use.
• Conversely, if you are only interested in investing in Bitcoin, CashApp is probably the most convenient option.
• Pionex is an auto-trading platform equipped with 16 free in-built trading bots.

She also uses Blockfolio because it has a news tab that allows her to scroll through headlines easily and check prices for crypto that she holds long-term. She noted that it was also a partner of her YouTube channel, CryptoWendyO. Scott Melker, also known as “The Wolf of All Streets”, is a former DJ turned crypto trader. He also writes a weekly trading newsletter and hosts “The Wolf of All Streets” podcast, featuring a range of big name guests from Sam-Bankman Fried and Tim Draper. Using all those exchanges can become confusing, and that’s why he plugs them into Blockfolio, which tracks portfolios across more than 500 exchanges.

Products

Selecting the right investment app starts with ensuring that the platform is regulated by government authorities. This is the most important factor to consider when choosing an app because regulations are meant to protect clients from fraudulent activities. The Fundraise app is intuitive and lets you browse through the available assets. Your real estate options include family homes and industrial or office buildings. You can choose to have the dividends invested back into your portfolio. But if you want to get advanced charts, data and analysis, it’ll set you back $8 per month.

• However, the interface for Coinbase Pro can be a bit overwhelming if you have only just begun trading cryptos.
• But cost is an important consideration as well, so keep that in mind before opening an account.
• It also lets inexperienced traders automatically copy the trading moves of veteran traders with a track record of success, and to view social market sentiment surrounding specific assets at any time.
• Low volume traders pay approximately 0.16% maker fee and a 0.26% taker fee.

If you want to buy hashrate on Binance, you’ll have to pay with the USDT stablecoin. Instead, it utilizes a modified version of the Stellar Consensus Protocol, which allows users to participate in consensus without requiring a lot of computational resources. This is why the Pi Network app uses roughly the same amount of energy as any other normal Android app. In the example of Bitcoin, it’s impossible for any mobile phone to compete with the highly efficient and powerful ASIC miners that are dominating the BTC mining sector.

Reviewing the Best Cryptocurrency Apps

We gather data from the best available sources, including vendor and retailer listings as well as other relevant and independent reviews sites. And we pore over customer reviews to find out what matters to real people who already own and use the products and services we’re assessing. With some, you may be able to make an account and buy and sell small amounts of crypto without verifying – your identity or submitting much sensitive information. To open a crypto exchange account, visit the exchange’s website or download its app. The availability of coins alone isn’t sufficient if there are no trades happening. You’ll ideally want to verify that there’s sufficient trading volume in your target coins to ensure liquidity, so you can easily trade your coins and dollars.

• A specific account advisor, a quarterly analyst newsletter, streaming webinars, an investment tracking app, priority customer assistance, and more will be provided.
• A cryptocurrency app allows users a place to buy, sell, and trade cryptocurrency.
• Franceschini first got involved cryptocurrencies in 2011 when he began mining and trading.
• Most crypto exchanges report their U.S.-based customers holdings to the IRS.
• Amongst other projects, Jesse Powell later joined other major Bitcoin players to form the self-regulatory body DATA.

A cryptocurrency trading app is a mobile platform that enables you to buy, sell and hold crypto. The majority of applications are easy to use, with the high demand for digital currencies leading to increasingly convenient and affordable solutions. The ability to take instant decisions regardless of your physical whereabouts is a key necessity as cryptocurrencies can be highly volatile with frequent wild price fluctuations.