So you want to invest in cryptocurrency, but you’re not sure which app is best for the job.
Well, that’s what we’re here to help you with. We’ve done the research for you and narrowed down the best apps for investing in cryptocurrency. No matter what kind of investor you are—whether you’re looking for something simple or something more advanced—you’ll find exactly what you’re looking for on this list!
Now, before we get started: know that this is just a list of some of our favorite apps. There are so many more out there! And they all have their own strengths and weaknesses, so be sure to do your own research before making any decisions.
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Cryptocurrency burst onto the scene several years back, but it remains as popular and lucrative as ever before.
There are 34 million adults in the US alone who own cryptocurrency, with payment value expected to surge by 70% in 2022. Already, 3.6 million people use cryptocurrency, or crypto, and it shows no signs of slowing down. You could benefit from major gains if you know what you are doing, and that is where a reliable crypto app can help, giving you the information and tools you need to be successful.
How did we choose the best crypto apps?
In trying to determine the best crypto apps, there were several factors we consider in our analysis. These are some of the considerations that may help you in your own search.
- Types of currency: There are several types of cryptocurrency that are available today beyond the typical Bitcoin. If there is a specific cryptocurrency you will want to use or if you simply like variety, be sure to confirm that the crypto app you choose comes with the options you need.
- Fees: Each crypto app assigns users particular fees, whether it is for trading or for withdrawing funds. Either way, review a fee schedule to see what kinds of charges you may incur with your account.
- Funding methods: To make an exchange, you need to first fund your account, but you may find that some apps only permit certain funding methods, such as a mailed check, online transfer, or credit card payment. We recommend that you determine which types of funding will work best for you before committing to a particular app.
- Security: Solid security protocols are critical when choosing the best crypto app so you can be assured that your personal information is safe while using the service.
What is cryptocurrency?
Cryptocurrency is a newer type of financial currency that grows in popularity with each passing day. It is held virtually or digitally and reinforced by extra security protocols furnished via cryptography.
What is a cryptocurrency app?
A cryptocurrency app allows users a place to buy, sell, and trade cryptocurrency. It works like an exchange that updates market prices in real-time, so you can deposit currency and make transactions based on the cryptocurrency of your choice.
Best Cryptocurrency Apps of December 2022
1. Coinbase
One of the most popular options with over 108 million users, Coinbase makes this list for its ease. The platform is full-featured enough to work for beginners or more advanced traders using Coinbase Pro.
Because of its user-friendly interface, the Coinbase app is excellent for people who are newer to crypto trading. Low trading minimums start at $2 and a wide range of education on crypto is available.
Pros
- Free linked Coinbase Card.
- Earn free tokens for learning and taking quizzes on crypto.
Building Wealth
Cons
- Only mainstream currencies — roughly 209 — are available.
- Fees can be steep, and the pricing structure lacks transparency.
2. Crypto.com
Crypto.com is ideal for large-scale crypto traders. With a wide range of options available, Crypto.com has a high-growing network in this space. Fees are assessed on volume which is convenient for high-volume traders.
Pros
- Relatively low trading fees.
- 250+ assets available and thousands more outside of the U.S.
Cons
- App download is required for the best experience.
- No phone support is available.
- Fees for every withdrawal.
3. Gemini
Gemini is another of the best crypto apps thanks to its robust platform for beginners and advanced traders alike. Plus, it offers its own hot wallet if you don’t mind storing your tokens online.
Gemini places a big emphasis on keeping your investment safe, providing hardware keys to secure your account. Its hot wallet is backed by digital-asset insurance to keep your investment secure. Plus, it’s the first cryptocurrency exchange to become SOC 1 Type 2 and SOC 2 Type 2 compliant.
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You can set up recurring limit orders through the AutoPilot option or use it to invest a fixed amount at your chosen time intervals. This strategy is called dollar-cost averaging, and it helps to reduce some of the volatility associated with crypto trading. Plus, you can stake select currencies to earn as much as 25% in rewards.
Pros
- Trading between asset classes is possible.
- Easy-to-navigate online and mobile-app platform.
Cons
- No trading commissions, but watch out for the spreads averaging 0.9% to 1.2%.
- Staking rewards subject to a commission.
- Support limited to an online form.
4. Uphold
Uphold offers over 210 cryptocurrencies to trade along with metals and over 50 U.S. stocks. It doesn’t have the biggest variety of crypto, but it features all the major tokens the newer trader may be interested in. Uphold’s user-friendly and straightforward platform is best for beginner-to-intermediate crypto investors.
Pros
- Gemini Pay allows you to pay for purchases with crypto at select retailers.
- Earn crypto rewards at signup or when using the Gemini credit card.
Cons
- Only about 100 cryptocurrencies are available.
- No phone support.
5. eToro
EToro is known for social investing, a way to learn more about how others trade by viewing what more experienced investors buy and sell. A crypto exchange with a similar concept is now available, making it possible to copy others’ strategies — or follow your own — using over 120 cryptocurrencies and hundreds of stocks and exchange-traded funds.
The platform is geared toward newer investors, with plenty of learning resources and the mentioned ability to copy what more experienced traders do. You can get started with a $100,000 virtual account for practice. Advanced traders may also find the features they need, including advanced charts and the AlgoX API Trading Program, a professional crypto exchange with additional assets available.
Pros
- View and copy trades from more experienced users using CopyTrader.
- EToro’s crypto wallet has an “unlosable” security key to secure the account.
Cons
- Using CopyTrader isn’t advised unless you have a good understanding of crypto.
- A fee of 1% on all transactions plus spread costs.
6. SoFi
SoFi is best known for banking and loans but also offers a basic crypto-trading platform. It’s fairly limited, offering only 30 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, but it’s not well-equipped for more advanced traders.
Pros
- Get up to $100 in bitcoin at signup.
- User-friendly app.
Cons
- Only 30 coins are available.
- $10 minimum purchase is larger than average.
7. Kraken
Kraken is one of the older options of the best crypto apps available — it’s been around since 2011. Kraken’s platform is a good option for new users, featuring a user-friendly mobile and online experience.
Advanced traders can take advantage of the basics plus margin accounts and multiple exchanges on one platform. Signing up for Kraken Pro can save frequent buyers and sellers money on transactions. Pro trade fees are based on monthly volume with a 0.16% maker fee or 0.26% taker fee on the first $50,000 and dropping for higher volume.
Pros
- Among the best crypto apps for advanced traders.
- Live chat available.
Cons
- Fees can add up for basic users, with 1.5% on transactions plus 0.5% for funding from a bank account, to as much as 3.75% plus 25 cents in payment processing fees when you use a credit card, debit card or digital wallet.
best cryptocurrency app for beginners
1. Gemini
Gemini allows you to trade several dozen cryptocurrencies, and its reliability has earned the trust of new traders all over the world. Gemini has also developed other features that make it more than just a trading platform.
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Founded in 2014, Gemini is one of the United States’ most well-established digital asset exchanges, and it’s one of the safest cryptocurrency exchanges because of its security. The platform has never been hacked, and it’s one of the few exchanges fully regulated in the U.S.
Download: Gemini for iOS | Android (Free)
2. CoinBase
Coinbase is a leading cryptocurrency app. You can trade many cryptocurrencies on Coinbase, including Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, BAT, USDT, and ZRX.
When compared to eToro, Coinbase is beneficial to new crypto traders because it has a very easy-to-use mobile app. It has a friendly interface that is highly intuitive for beginners. You can manage all your trades from your dashboard and even earn rewards for specific coins.
Download: Coinbase for iOS | Android (Free)
3. eToro
The eToro platform makes it easy to trade your cryptocurrencies, but it relies more on short-term trading than long-term. eToro provides valuable strategic data from their most successful online traders (other users) to help you make better decisions.
The 0% commission makes the platform more appealing than competitors who charge a fee. You won’t actually own any of the cryptocurrencies you trade until you cash out, just like with other trading platforms.
Download: eToro for iOS | Android (Free)
4. BlockFi
Instead of putting your money in a savings account and accruing as little interest as possible, you may want to look into BlockFi. The platform claims that you can earn as much as 3%-7.5% interest on your crypto holdings.
You don’t have to create a new portfolio to start earning interest through BlockFi. You can use your existing portfolio and still earn as high as 4% interest on your holdings. Anyone who wants to maximize their interest in BlockFi should consider investing in stablecoins like USDC and GUSD, which can yield up to 7.5% interest.
Download: BlockFi for iOS | Android (Free)
5. WeBull
Unlike some of the other apps on this list, WeBull offers cryptocurrency on top of other investment opportunities like stocks, options, and margins. One of the reasons newbies will like WeBull is the slick mobile app that makes it easy to trade.
The only downside to WeBull is the lack of news content that could help beginner traders get their footing and learn more about their options. However, what it lacks in news content, it makes up for in features and ease of use.
Download: WeBull for iOS | Android (Free)
6. Blockchain.com
As one of the most popular cryptocurrency apps in the market, Blockchain has created a beginner-friendly app, so anyone can get started. Blockchain supports numerous cryptocurrencies and allows users to easily store, buy, sell, and manage their Bitcoins and altcoins.
You can make crypto-to-crypto conversions and coin transactions all through the app. The digital wallet also doubles as an interest account, allowing you to earn up to 12% when you set up a savings account, making it one of the best crypto wallets.
Download: BlockChain for iOS | Android (Free)
7. Voyager
Another crypto broker app, Voyager, allows you to trade in more than 60 different cryptocurrencies. The app is great for beginners because you only need $10 to get started.
What makes Voyager different is the lack of control you have over your actual trades. You don’t get to see what they are. Instead, the platform uses its Smart Order Router to invest for you and passes on the profits with no commission. In that, Voyager is more akin to a crypto-robo-account, investing money where it sees fit.
Download: Voyager for iOS | Android (Free)
8. Delta
Delta is a comprehensive cryptocurrency app with a small learning curve for beginners. It’s worth sticking with because it supports over 7,000 different cryptocurrencies, giving you a huge amount of trading options.
The data from the app syncs to multiple devices, so you can access it from anywhere. You also get analysis on your trade history, asset history, asset location, trades, and investment status.
Download: Delta for iOS | Android (Free)
9. Exodus
One of the best crypto wallets in the industry, Exodus is secure and intuitive for those that don’t have any experience with Bitcoin and other cryptocurrencies. The more than 125 supported cryptocurrencies make it a reliable option for storage, though the trading fees can be a little steep.
Not only is it a secure wallet, but you can also use Exodus for buying and selling your digital coins while on the go. The range of built-in features will help any beginner get started without feeling overwhelmed.
Download: Exodus for iOS | Android (Free)
10. Blockfolio
There is perhaps no better cryptocurrency portfolio tracker than Blockfolio. The app supports over 10,000 different cryptocurrencies and over 500 different exchanges. Chances are, if you are trading cryptocurrency, you can track it with Blockfolio.
The app allows you to sync your exchanges so that you can automate the tracking process. It allows you to check out the latest prices, market data, trend changes, and the news. Furthermore, Blockfolio is 100% free to use.
Download: Blockfolio for iOS | Android (Free)
What is the best crypto app?
Coinbase is the best crypto app overall, but one size doesn’t fit all. However, it is important to explore different options so you can be sure to find the best cryptocurrency app for your needs. Our list is an excellent place to start.
| Crypto app | Fees | Number of cryptocurrencies |
| Coinbase | Varies | 90+ |
| Binance.US | 0.5% | 80+ |
| Crypto.com | 0.1% – 0.4% | 250+ |
| eToro | 1% | 30+ |
| Kraken | 0% – 0.26% | 110+ |
Which is the right crypto app for you?
Cryptocurrency has exploded in popularity, so there are many apps that offer trading services. These are our expert recommendations based on our study.
| Choose this crypto app… | If you… |
| Binance.US | Want an app worthy of high-volume trading |
| Coinbase | Want a user-friendly app that promotes growth |
| Crypto.com | Prefer a debit card for your transactions |
| eToro | Want an app with competitive rates |
| Kraken | Favor high volume trading but don’t want to pay for it |
