Want to trade crypto safely, but scared of choosing a scam app? You can no longer worry about getting your money stolen. Here, you can find out about the best cryptocurrency apps, how to use them, and what they offer.
Moreover, after reading this article you can already choose a secure app on your own with the help of the advice mentioned here. Get down to checking out this piece for the quickest understanding of crypto apps you ever had.
How to correctly choose a crypto trading app?
Choosing a platform for trading isn’t an easy decision and is very vital since you’re going to use the website for earning money. However, right now you can look at an easy and at the same time professional guide on how to make a great decision. So, what should you be paying attention to?
Ownership or CFD platform
First, you need to decide on your goals in the cryptocurrency space. If you’re looking for investing in a major coin, like Bitcoin or Ethereum and holding it for months or even years, then the Ownership type is for you.
If you’re a fan, or find it more suitable for yourself to trade crypto and make smaller, but stable and frequent profits, then a CFD Bitcoin trading app is for you. CFD platforms take fewer commissions and are much more suited for traders than investors.
After choosing your field of work, research the regulation of the cryptocurrency trading app. It should have a license to be safe and be able to, later on, protect its users.
However, one of the biggest trading platforms in the world, Binance, isn’t regulated. Nevertheless, it still has amazing security methods leaving other websites jealous, so it can be chosen as well.
Another meaningful step is to look at what financial instruments the platform offers. Cryptocurrency is actually one big financial field, but it also consists of several other financial options.
For example, a platform might be fiat-to-crypto, offering only currency to crypto pairs. A website can also be crypto-to-crypto, offering exchanges of one crypto to another. Choose what you like better and look if the crypto trading app has what you need.
The best Bitcoin app has to be protected for the user to feel safe trading on it. One of the best licenses is the Financial Conduct Authority. The presence of such authorization makes sure the platform can’t easily steal money from your account and come out of this shady business safely.
Search for the licenses on the website you’ve decided to choose. If you can find at least one body out of the main ones, you’re in the safe zone. However, if a platform doesn’t provide any info on being licensed, then be on the lookout while using it.
Fees and commissions
Best crypto apps would provide users with the smallest fees, so look out for commissions as well. Fees on trading platforms might appear during the deposit, withdrawal, trading, and spreads.
CFD type platforms take fewer fees on trades since people using these sites mostly trade, not invest. A great platform for small fees is Etoro, but it has some fallbacks in other fields.
Finally, research how high are the leverages on the website. Leverage is the money you borrow from a broker to make the amount of money you trade with bigger and increase the earnings.
However, experienced traders never use the leverage of more than 1:40 because higher ones turn trading into gambling. For example, with leverage of 1:40, if a crypto asset goes up 1%, you can make 40% of your balance, but the same goes for your loss, so think carefully about these ratios.
The list of top 6 cryptocurrency trading apps
Now that you’ve learned how to choose the best crypto app, let’s look at the list of great trading apps that can help your trading get to another level and make earning money much easier.
Bitcoin Code is positioned as a great cryptocurrency investment app. The app calls itself software, helping you with the trades. Now, you don’t need to sit hours in front of the screen. Just enter your preferred settings and use the help of the app.
Moreover, the program works on most devices and suits both beginners and advanced traders. In addition, the app is really unique and gives you an opportunity to get all the profits to yourself, with no fees included.
Bitcoin UP is another crypto trading app that offers an easier version of crypto trading. Using this platform, you can quickly get down to trading by just making a free account. Moreover, leveraging is also available. Nevertheless, don’t get too greedy and remember that leverage leads to higher risks.
To begin using the app, fill out a small form and then fund your account so you can trade. The minimum amount is $250 on your deposit. After that, you’re going to receive a call from your personal financial manager to discuss your trading strategy and how the process is going be.
Bitcoin Circuit is a Bitcoin trading app for people who like a high-technological approach to crypto. The platform offers you secure trading together with safe transactions and fast speed.
To begin making money, register an account on the platform with a few easy steps, like confirming your email. Then, add money to your account and the possibilities of making money with the app become endless. Finally, you can now trade on your own or choose auto-trade. The app recommends auto-trade at first since it’s easier for beginners to get a hang of.
Bitcoin Cycle is an automated trading app, where people can rely on the program to make cash. You don’t need to know how to trade yourself, let the app do it for you. The success rate of the program is about 98% which is quite impressive.
Moreover, there’s also a demo trading function for those who are scared to invest real money first. To begin making cash, create a free account by filling out a form. Then, make a deposit of at least $250. Now, you can get down to trying out your skills in trading or let the program do it for you.
Bitcoin Era is an app that allows you to trade and make money with cryptocurrency with no possible limits. You can use this cryptocurrency investment app for free by just signing up and depositing more than $250.
On the main website, you can see all the trades being made on the platform in live mode. Trading can be done manually or in auto mode. Once you get tired of trading by yourself, you can use the help of the system which usually makes profitable trades.
Using this app, you can make unlimited amounts of money and make transactions using it with really fast speed thanks to modern technologies implemented into this Bitcoin trading app.
To open an account, just fill out a simple form with your name, surname, email, and password. After confirming the email, make a deposit of more than $250. Now, you can do the trading yourself, or do it in auto mode.
A great crypto trading app needs to have many financial instruments, be protected by a license, have small fees to provide users with a better experience, and good leverage. Excellent crypto trading programs with these criteria are Bitcoin Era, Bitcoin System, Bitcoin Cycle, Bitcoin Circuit, Bitcoin UP, and Bitcoin Code. Try out these apps for yourself to see what high-quality products feel like!