1. Crypto
  2. Best Crypto Apps

10 Best Crypto Apps for 2023: Top Crypto Exchange Apps for Beginners

Uncover the best crypto apps, and learn more about the top cryptocurrency exchanges for beginners.

Lauren Bedford - Finance Writer
Written by

Lauren Bedford

Lauren Bedford - Finance Writer
Written by
Lauren Bedford
Finance Writer

Lauren is a published content writer and journalist. In the last five years, she has written about a range of subjects, including business, technology, and finance.

Learn more about our editorial process

Derek Sall - Founder/Personal Finance Expert
Reviewed by

Derek Sall

Verified by an expert
Derek Sall - Founder/Personal Finance Expert
Reviewed by
Derek Sall
Founder/Personal Finance Expert

Derek has a Bachelor's degree in Finance and a Master's in Business. As a finance manager in the corporate world, he regularly identified and solved problems at the C-suite level. Today, Derek isn't interested in helping big companies. Instead, he's helping individuals win financially—one email, one article, one person at a time.

Learn more about our editorial process

Kacper Kozicki - Editor-in-Chief
Edited by

Kacper Kozicki

Kacper Kozicki - Editor-in-Chief
Edited by
Kacper Kozicki
Editor-in-Chief

Kacper is an editor, writer, and multilingual translator with expertise in producing tailored content for global online brands.

Learn more about our editorial process

Deepti Nickam - Finance Writer
Fact-checking

Deepti Nickam

Deepti Nickam - Finance Writer
Fact-checking
Deepti Nickam
Finance Writer

Content writing and marketing professional with 5+ years of experience in the B2B and B2C sectors. Deepti has written about several subjects, including finance, project management, human resources, and more.

Learn more about our editorial process

June, 12 2023
Edited:
Reviewed:
Updated:

Learn more about our editorial process

25 min

These crypto apps have been researched, reviewed, confirmed, vetted, re-vetted, and then ranked based on eight categories: account minimum, trading costs, account fees, selection, ease of use, sign-on bonus, education, and customer service. After all that, these are the crypto apps that made the grade.

Why Trust Us
Advertiser Disclosure
Summary
  • Coinbase – Best app overall
  • eToro – Best for social trading
  • SoFi – Best for personal finance
  • Tradestation – Best for advanced traders 
  • Crypto.com – Best altcoin app 
  • Kraken – Best for margin trading 
  • Gemini – Best for trading crypto
  • Webull – Best for stock and crypto trading 
  • bitFlyer – Best for Bitcoin 
  • Binance – Best for beginners 
Best overall
coinbase-logo

Coinbase

4.9
Fees
0.4%
On trades under $10,000 the maker fee is 0.4% and the taker fee is 0.6%. Trade rates go down with higher trade amounts.
Min Deposit
$0
Welcome bonus
$3–$200
Create a new account and spin the wheel for a chance to win a reward between $3 and $200. Also, make your first trade and earn $5 in Bitcoin.
Trustpilot = 1.6/5
Over 170 cryptocurrencies
Video courses and exams to learn about crypto

152 people chose this

Learn moreCoinbase review

Earn up to $200 in crypto when you open an account.

Details
Account basics

Crypto trade fee

0.4% maker fees and 0.6% taker fees on transactions less than $10,000.

Account minimum

$0

Minimum trade

$2

Intro offer

$3–$200; Create a new account for a chance to win a reward between $3 and $200.

Number of crypto offered

250

Additional details

Trustpilot score

1.6/5

Storage offering

Customers can use their own crypto wallets.

Maintenance fees

None

Transfer fee

None

Crypto trade fee

0.4% maker fees and 0.6% taker fees on transactions less than $10,000.

Account minimum

$0

Minimum trade

$2

Intro offer

$3–$200; Create a new account for a chance to win a reward between $3 and $200.

Number of crypto offered

250

Trustpilot score

1.6/5

Storage offering

Customers can use their own crypto wallets.

Maintenance fees

None

Transfer fee

None

Why we like it

Coinbase delivers on crypto-to-crypto trading features, with over 500 options and more than 170 cryptocurrencies. If that sounds overwhelming, you can check out their video classes for the complete run-down—they’ll even give you a few dollars worth of crypto for watching.

Pros

  • Rapid crypto withdrawals
  • Over 500 crypto-to-crypto trading pairs
  • “Earn to Learn” feature

Cons

  • Lack of initial fee transparency
  • High fees can vary depending on the transaction type
Best for social trading
eToro

eToro

4.7
Fees
1%
A fee of 1% is calculated for both the OPEN and the CLOSE transactions of your position, at the time that you open the position. The 1% fee is added to the market price.
Min Deposit
$10
Welcome bonus
$10
You can get $10 when you deposit $100* in your eToro account
Trustpilot = 4.4/5
Over 30 cryptocurrencies
Free access to market research, charting, and analysis

59 people chose this

Learn more

Earn a $10 welcome bonus.

Details
Account basics

Crypto trade fee

1.0%

Account minimum

$10

Minimum trade

$10

Intro offer

$10

Number of crypto offered

30

Additional details

Trustpilot score

4.4/5

Storage offering

Customers can use their own crypto wallets.

Maintenance fees

$10

Transfer fee

$5

Crypto trade fee

1.0%

Account minimum

$10

Minimum trade

$10

Intro offer

$10

Number of crypto offered

30

Trustpilot score

4.4/5

Storage offering

Customers can use their own crypto wallets.

Maintenance fees

$10

Transfer fee

$5

Why we like it

Imitation is the best form of flattery, but it's also a good way to make it to the top. With its CopyTrader™ feature, eToro lets you learn from and copy the top-performing crypto traders and imitate their techniques.

Pros

  • CopyTrader feature
  • Virtual risk-free platform
  • Buy cryptocurrency without deposit fees

Cons

  • No crypto-to-crypto trading pairs
  • It doesn’t offer cryptocurrency trading in New York, Minnesota, Nevada, or Hawaii
Best for personal finance
sofi-logo

SoFi

4.6
Fees
1.25%
SoFi charges a markup of up to 1.25% on crypto transactions.
Min Deposit
$0
Welcome bonus
Up to $100
Open SoFi account and buy between $50 and $5000
Trustpilot = 4.6/5
Up to 30 cryptocurrencies
Many guides offered on crypto investing

23 people chose this

Learn more

Earn up to $100 welcome bonus.

Details
Account basics

Crypto trade fee

1.25%

Account minimum

$0

Minimum trade

None

Intro offer

Up to $100

Number of crypto offered

30

Additional details

Trustpilot score

4.6/5

Storage offering

Custodial Bitcoin wallet

Maintenance fees

None

Transfer fee

$75

Crypto trade fee

1.25%

Account minimum

$0

Minimum trade

None

Intro offer

Up to $100

Number of crypto offered

30

Trustpilot score

4.6/5

Storage offering

Custodial Bitcoin wallet

Maintenance fees

None

Transfer fee

$75

Why we like it

If you’re looking for an app that does it all, SoFi is the self-proclaimed “all-in-one-finance app.” With SoFi, you’ll get access to various personal finance offerings alongside crypto and stock trading features.

Pros

  • Commission-free stock trades
  • No ATM fees
  • Various investment options

Cons

  • Only available in the US and only supports the US dollar
  • Custodial Bitcoin wallet
Best altcoin app
cryptocom-logo

Crypto.com

4.8
Fees
0.075%
For trades under $250,000 the maker fee is 0.075% and the taker fee is 0.075%. Rates percentages decrease with larger trades.
Min Deposit
$0
Welcome bonus
$50
Lockup at least 1000 CRO on the Crypto.com Exchange
Trustpilot = 1.9/5
Over 250 crytpocurrencies
Resources: university, researches and analysis

105 people chose this

Learn moreCrypto review

Earn up to $50 when you open an account.

Details
Account basics

Crypto trade fee

0.075%

Account minimum

$0

Minimum trade

None

Intro offer

Earn up to $50 when you open an account.

Number of crypto offered

250

Additional details

Trustpilot score

1.9/5

Storage offering

Yes

Maintenance fees

None

Transfer fee

0-0.0005 coin

Crypto trade fee

0.075%

Account minimum

$0

Minimum trade

None

Intro offer

Earn up to $50 when you open an account.

Number of crypto offered

250

Trustpilot score

1.9/5

Storage offering

Yes

Maintenance fees

None

Transfer fee

0-0.0005 coin

Why we like it

There’s no mistaking what you’re getting with Crypto.com. The company bagged their not-so-subtle domain name for roughly $5–10 million—and it’s since helped them get over 70 million users.

Pros

  • Over 250 cryptocurrencies
  • Choice of fiat or traditional currencies
  • More than 40 quarterly futures

Cons

  • No established crypto-to-crypto trading list
  • High fees for credit and debit purchases
  • Lack of distinction of services provided for the US or overseas
Best for advanced traders
tradestation-logo

Tradestation

4.9
Fees
$2+0.35%
On trades under $1,000 the maker fees are $2 +0.35%, then the taker fees are $2 + 0.60%. Fees percentages go down with larger trades.
Min Deposit
$0
Welcome bonus
$150 in Bitcoin
Get an extra $150 worth of Bitcoin when you buy or deposit $500 or more of a supported cryptocurrency in your TradeStation Crypto account
Trustpilot = 1.7/5
Over 130 cryptocurrencies to trade
Resources: videos, forums, market insights

83 people chose this

Learn more

Earn $150 in Bitcoin when you open an account.

Details
Account basics

Crypto trade fee

$2+0.11%-0.6%

Account minimum

$0

Minimum trade

None

Intro offer

Get an extra $150 worth of Bitcoin when you buy or deposit $500 or more of a supported cryptocurrency in your TradeStation Crypto account

Number of crypto offered

11

Additional details

Trustpilot score

1.7/5

Storage offering

Customers can use their own crypto wallets.

Maintenance fees

None

Transfer fee

Up to $125

Crypto trade fee

$2+0.11%-0.6%

Account minimum

$0

Minimum trade

None

Intro offer

Get an extra $150 worth of Bitcoin when you buy or deposit $500 or more of a supported cryptocurrency in your TradeStation Crypto account

Number of crypto offered

11

Trustpilot score

1.7/5

Storage offering

Customers can use their own crypto wallets.

Maintenance fees

None

Transfer fee

Up to $125

Why we like it

While Tradestation isn’t limited to advanced traders, the app will certainly raise an eyebrow for the more seasoned traders.

Pros

  • Advanced algorithms
  • No fees or deposits
  • Access to exchanges, OTC desks, and market makers

Cons

  • Could be challenging for beginners
  • Limited time window for crypto withdrawals (9 am–5 pm ET)
Best for margin trading
kraken-logo

Kraken

4.8
Fees
0.16%
For trades under $50,000 the maker rate is 0.16% and the taker rate is 0.26%. Rate percentages decrease with larger trades.
Min Deposit
$0
Welcome bonus
$10 in Bitcoin
Signup and buy or sell crypto
Trustpilot = 3.1/5
Over 159 crytpocurrencies
Resources: guides, videos, and podcasts

72 people chose this

Learn more

Earn $10 in Bitcoin.

Details
Account basics

Crypto trade fee

0.16% maker fee, 0.26% taker fee - for trades under $50,000

Account minimum

$0

Minimum trade

None

Intro offer

Earn $10 in Bitcoin for opening an account

Number of crypto offered

70

Additional details

Trustpilot score

3.1/5

Storage offering

Customers can use their own crypto wallets.

Maintenance fees

None

Transfer fee

0-0.0002 coin

Crypto trade fee

0.16% maker fee, 0.26% taker fee - for trades under $50,000

Account minimum

$0

Minimum trade

None

Intro offer

Earn $10 in Bitcoin for opening an account

Number of crypto offered

70

Trustpilot score

3.1/5

Storage offering

Customers can use their own crypto wallets.

Maintenance fees

None

Transfer fee

0-0.0002 coin

Why we like it

If your crypto knowledge is a little rusty, start by diving into Kraken’s educational tools, videos, and podcasts. Once you’ve found your sea legs, you can take it a step further with the Kraken premium service, where traders can access the OTC desk to execute orders from the open Kraken exchange.

Pros

  • Buy and sell over 150 cryptocurrencies
  • Wide choice of digital assets
  • Stable rollover fees on margin positions

Cons

  • Not available for residents of Washington or New York
  • Slow account funding
  • The starter account is limited
Best for trading crypto
gemini-logo

Gemini

4.8
Fees
0.2%
For trades under $10,000 there's a maker fee of 0.2% and a taker fee of 0.4%. The fee percentages decrease with larger trades.
Min Deposit
$0
Welcome bonus
N/A
Trustpilot = 1.2/5
Over 100 crytpocurrencies
Resources: watch lists and top movers

61 people chose this

Learn more
Details
Account basics

Crypto trade fee

0.2% maker fee and 0.4% traker fee on trades under $10,000

Account minimum

$0

Minimum trade

None

Intro offer

No

Number of crypto offered

150

Additional details

Trustpilot score

1.2/5

Storage offering

Customers can use their own crypto wallets.

Maintenance fees

None

Transfer fee

$0-$25

Crypto trade fee

0.2% maker fee and 0.4% traker fee on trades under $10,000

Account minimum

$0

Minimum trade

None

Intro offer

No

Number of crypto offered

150

Trustpilot score

1.2/5

Storage offering

Customers can use their own crypto wallets.

Maintenance fees

None

Transfer fee

$0-$25

Why we like it

If you have a need for speed, Gemini offers its Active Trader feature, which executes trades in microseconds. And to avoid any speed bumps, Gemini has optimized the feature for most mobile browsers so you can trade on the go.

Pros

  • Advanced security features
  • Crypto rewards credit card
  • Active trader feature

Cons

  • High trading fees
  • Certain cryptocurrency exchanges are restricted in select states
Best for stock and crypto trading
webull-logo

Webull

4.7
Fees
1%
Webull crypto trade fees are 0%, but the price of crypto is marked up by 1%, so effectively the trade fee is 1%.
Min Deposit
$0
Welcome bonus
$5 of crypto reward
Open a Webull brokerage account and make an initial deposit of any amount between
Trustpilot = 1.3/5
Over 44 cryptocurrencies
Resources: Paper trading and community platform

54 people chose this

Learn more

Earn $5 when you sign up.

Details
Account basics

Crypto trade fee

1%

Account minimum

$0

Minimum trade

None

Intro offer

Up to $5 in crypto

Number of crypto offered

40

Additional details

Trustpilot score

1.3/5

Storage offering

Customers can use their own crypto wallets.

Maintenance fees

None

Transfer fee

$0

Crypto trade fee

1%

Account minimum

$0

Minimum trade

None

Intro offer

Up to $5 in crypto

Number of crypto offered

40

Trustpilot score

1.3/5

Storage offering

Customers can use their own crypto wallets.

Maintenance fees

None

Transfer fee

$0

Why we like it

Why limit yourself to cryptocurrency when you can dabble in other types of trading. With Webull, you’re free to explore crypto and stock trading while checking out other investment tools and features.

Pros

  • Virtual trading platform
  • All-in-one features
  • Instant settlement trading

Cons

  • No wallet function
  • Lack of educational tools
  • Must liquidate assets to transfer cryptocurrencies
Best for Bitcoin
bitflyer-logo

bitFlyer

4.6
Fees
0.1%
If trade is less than $50,000, the trade fee is 0.1%. The rate reduces for higher trade amounts.
Min Deposit
$0
Welcome bonus
$10 in Bitcoin
Signup and proceed transactions for minimum $100
Trustpilot = 1.8/5
Over 20 cryptocurrencies

28 people chose this

Learn more

Earn $10 in Bitcoin.

Details
Account basics

Crypto trade fee

0.1%

Account minimum

$10

Minimum trade

0.001 Bitcoin

Intro offer

$10

Number of crypto offered

5

Additional details

Trustpilot score

1.8/5

Storage offering

Customers can use their own crypto wallets.

Maintenance fees

None

Transfer fee

0.0004 BTC

Crypto trade fee

0.1%

Account minimum

$10

Minimum trade

0.001 Bitcoin

Intro offer

$10

Number of crypto offered

5

Trustpilot score

1.8/5

Storage offering

Customers can use their own crypto wallets.

Maintenance fees

None

Transfer fee

0.0004 BTC

Why we like it

BitFlyer stands out as a front-runner for Bitcoin—maintaining its number-one spot for Bitcoin trade volume in Japan for six years. That being said, bitFlyer has a solid international appeal since it was one of the first cryptocurrency exchanges to get the licenses to operate across the US, Japan, and the EU. But you’re not limited to Bitcoin.

Pros

  • No fees for account creation or maintenance
  • High-security levels
  • No fees on USD deposits

Cons

  • Limited cryptocurrencies for trading
  • No crypto-to-crypto trading pairs
Best for beginners
binance-logo

Binance

4.5
Fees
0%
No trade fee to purchase or sell Bitcoin to US dollars. Maximum maker/taker fee of 0.1% for other trading pairs.
Min Deposit
$0
Welcome bonus
Up to $100
Open Binance account and complete tasks
Trustpilot = 2.0/5
Over 125 cryptocurrencies
Full academy offered on crypto trading

45 people chose this

Learn more

Earn up to $100 as a welcome bonus.

Details
Account basics

Crypto trade fee

0%

Account minimum

$0

Minimum trade

None

Intro offer

Up to $100

Number of crypto offered

350

Additional details

Trustpilot score

2.0/5

Storage offering

Customers can use their own crypto wallets.

Maintenance fees

None

Transfer fee

0.0002 BTC

Crypto trade fee

0%

Account minimum

$0

Minimum trade

None

Intro offer

Up to $100

Number of crypto offered

350

Trustpilot score

2.0/5

Storage offering

Customers can use their own crypto wallets.

Maintenance fees

None

Transfer fee

0.0002 BTC

Why we like it

Binance makes it onto our list, as it still remains a major player within the industry despite its recent legal issues. This is largely due to its wide range of cryptocurrencies, with over 125 to choose from—with access to over 150 options for crypto-to-crypto trading (although this is limited to BTC and stablecoins).

Pros

  • Trading fees low or non-existent
  • Range of trading options and order types
  • No transaction fees

Cons

  • Currently under investigation for a possible violation of the Bank Secrecy Act
  • Lost about $570 million in a recent hacking incident
  • Lack of website transparency
Table of contents:
Is this article helpful?

Best Crypto Apps of 2023

  • Coinbase – Best app overall
  • eToro – Best for social trading
  • SoFi – Best for personal finance
  • Tradestation – Best for advanced traders 
  • Crypto.com – Best altcoin app 
  • Kraken – Best for margin trading 
  • Gemini – Best for trading crypto
  • Webull – Best for stock and crypto trading 
  • bitFlyer – Best for Bitcoin 
  • Binance – Best for beginners 

Best Overall—Coinbase 

Account basics

Type Description

Crypto trade fee

0.4% maker fees and 0.6% taker fees on transactions less than $10,000.

Account minimum

$0

Minimum trade

$2

Intro offer

$3–$200; Create a new account for a chance to win a reward between $3 and $200.

Number of crypto offered

250

Additional details

Type Description

Trustpilot score

1.6/5

Storage offering

Customers can use their own crypto wallets.

Maintenance fees

None

Transfer fee

None

Why we picked it

Coinbase already made its mark as one of the top cryptocurrency exchanges in the US, and it didn’t stop there. The American company goes beyond the US, reaching over 100 countries.

Coinbase delivers on crypto-to-crypto trading features, with over 500 options and more than 170 cryptocurrencies. If that sounds overwhelming, you can check out their video classes for the complete run-down—they’ll even give you a few dollars worth of crypto for watching.

You can keep your crypto under lock and key with the Coinbase wallet, storing all your crypto and NFTs in one place. The wallet also supports thousands of tokens and Dapps—you can even use DeFi to earn yourself some yield and grow your NFT collections.

Two is better than one, so Coinbase also offers a separate Coinbase Wallet app—a non-custodial wallet, to give you total control over your private keys and crypto. You can also transfer funds from Coinbase to your personal devices.

Pros

  • Rapid crypto withdrawals 
  • Over 500 crypto-to-crypto trading pairs 
  • “Earn to Learn” feature 

Cons

  • Lack of initial fee transparency 
  • High fees can vary depending on the transaction type 

Other considerations

CoinbasePro has lower fees for high-volume trading than its counterpart, with over 130 cryptocurrencies to trade. However, the advanced features may not be ideal for beginners. 

Best for Social Trading—eToro

Account basics

Type Description

Crypto trade fee

1%

Account minimum

$10

Minimum trade

$10

Intro offer

$10

Number of crypto offered

30

Additional details

Type Description

Trustpilot score

4.4/5

Storage offering

Customers can use their own crypto wallets.

Maintenance fees

$10

Transfer fee

$5

Why we picked it

Imitation is the best form of flattery, but it's also a good way to make it to the top. With its CopyTrader™ feature, eToro lets you learn from and copy the top-performing crypto traders and imitate their techniques.

Learning from the best is awesome, but finding people on your level can’t hurt either—the Copy People screen gives you access to over 25 million like-minded traders with the same preferences as you. For full transparency, eToro includes information about a trader’s invested amount, P&L, and value so you can create an optimized people-based portfolio.

You’ve learned, you’ve mingled, but you’re still nervous about making the first move. eToro includes a risk-free virtual platform with $100,000, so you can try out all the trading features. And if you’re still keen to learn more, eToro you’ll have free access to all the latest market research, advanced charts, and analysis tools.

There are many cryptocurrencies to choose from, including Bitcoin, Ethereum, and Cardano. Any crypto you invest in can also be transferred to the eToro wallet for safekeeping. 

Pros

  • CopyTrader feature 
  • Virtual risk-free platform 
  • Buy cryptocurrency without deposit fees 

Cons

  • No crypto-to-crypto trading pairs 
  • It doesn’t offer cryptocurrency trading in New York, Minnesota, Nevada, or Hawaii

Best for Personal Finance—SoFi

Account basics

Type Description

Crypto trade fee

1.25%

Account minimum

$0

Minimum trade

None

Intro offer

Up to $100

Number of crypto offered

30

Additional details

Type Description

Trustpilot score

4.6/5

Storage offering

Custodial Bitcoin wallet

Maintenance fees

None

Transfer fee

$75

Why we picked it

If you’re looking for an app that does it all, SoFi is the self-proclaimed “all-in-one-finance app.” With SoFi, you’ll get access to various personal finance offerings alongside crypto and stock trading features.

If you don’t like having all your eggs in one basket, SoFi Active Investing offers automated investing and commission-free trades on stocks, fractional shares, and ETFs—along with private student loans, mortgages, high-yield savings accounts, and personal loans.

You can use their SoFi investment platform to buy and sell up to 30 cryptocurrencies, including Bitcoin, Ethereum, Cardano, and Dogecoin. You’re also free to trade crypto 24 hours a day, seven days a week, in any US state—eggs-quisite. 

Pros

  • Commission-free stock trades
  • No ATM fees
  • Various investment options 

Cons

  • Only available in the US and only supports the US dollar
  • Custodial Bitcoin wallet 

Best for Altcoin—Crypto.com

Account basics

Type Description

Crypto trade fee

0.075% for trades under $250,000.

Account minimum

$0

Minimum trade

None

Intro offer

Earn up to $50 when you open an account.

Number of crypto offered

250

Additional details

Type Description

Trustpilot score

1.9/5

Storage offering

Yes

Maintenance fees

None

Transfer fee

0-0.0005 coin

Why we picked it

There’s no mistaking what you’re getting with Crypto.com. The company bagged their not-so-subtle domain name for roughly $5–10 million—and it’s since helped them get over 70 million users.

And with a name like that, Crypto.com has certainly proved itself with over 250 cryptocurrencies alongside over 20 fiat currencies. With so many cryptocurrencies, you can keep track by setting up price movement and price alerts.

To keep you even more organized, Crypto.com provides a wallet to manage and swap over 1,000 tokens. For those interested in NFTs (or cool-looking monkey art), you can also use the wallet to learn about, view, and share your NFTs across your social media accounts. Crypto.com provides you with private keys which are locally encrypted to give you peace of mind. 

Pros

  • Over 250 cryptocurrencies 
  • Choice of fiat or traditional currencies 
  • More than 40 quarterly futures 

Cons

  • No established crypto-to-crypto trading list 
  • High fees for credit and debit purchases 
  • Lack of distinction of services provided for the US or overseas 

Best for Advanced Traders—Tradestation

Account basics

Type Description

Crypto trade fee

$2+0.35% maker fees and $2+0.60% taker fees on trades under $1,000.

Account minimum

$0

Minimum trade

None

Intro offer

Get an extra $150 worth of Bitcoin when you buy or deposit $500 or more of a supported cryptocurrency in your TradeStation Crypto account

Number of crypto offered

11

Additional details

Type Description

Trustpilot score

1.7/5

Storage offering

Customers can use their own crypto wallets.

Maintenance fees

None

Transfer fee

Up to $125

Why we picked it

While Tradestation isn’t limited to advanced traders, the app will certainly raise an eyebrow for the more seasoned traders.

Tradestation makes sure you won’t miss a beat with its real-time analysis tool and aggregation engine, which gathers the right information to give you a complete view of the market. It also offers advanced charting and a handy crypto position manager to help you wrap your head around your profits and *touch wood* losses.

To prevent brain overload from all those features, Tradestation lets you personalize your experience with their customizable trading interface to match whatever weird or wacky (or perfectly normal) trading style you decide on. You can also use the quick trade bar in your customized trade room to buy and sell crypto for whatever price or order type you want.

No discrimination here—both early birds and night owls can trade crypto all day and night. Tradestation’s range of cryptocurrencies includes Bitcoin, Ethereum, Compound, Polygon, and Aave

Pros

  • Advanced algorithms 
  • No fees or deposits
  • Access to exchanges, OTC desks, and market makers 

Cons

  • Could be challenging for beginners
  • Limited time window for crypto withdrawals (9 am–5 pm ET)

Best for Margin Trading—Kraken

Account basics

Type Description

Crypto trade fee

0.16% maker fee and 0.26% taker fee on trades under $50,000.

Account minimum

$0

Minimum trade

None

Intro offer

Earn $10 in Bitcoin for opening an account

Number of crypto offered

70

Additional details

Type Description

Trustpilot score

3.1/5

Storage offering

Customers can use their own crypto wallets.

Maintenance fees

None

Transfer fee

0-0.0002 coin

Why we picked it

Unlike the ancient sea monster, Kraken isn’t out to destroy you or your finances—quite the opposite. Kraken offers over 159 cryptocurrencies, alongside 130 crypto-to-crypto trading pairs, in almost 190 countries.

If your crypto knowledge is a little rusty, start by diving into Kraken’s educational tools, videos, and podcasts. Once you’ve found your sea legs, you can take it a step further with the Kraken premium service, where traders can access the OTC desk to execute orders from the open Kraken exchange.

Kraken also offers spot margin trading with high margin limits, so eligible users can access millions of margin allowances. In addition to margin trading, the Kraken pro account allows you to stake for up to 21% APV. If you feel like you’re entering choppy waters, you can reach their support team, who are on hand 24/7 all year round. 

Pros

  • Buy and sell over 150 cryptocurrencies 
  • Wide choice of digital assets 
  • Stable rollover fees on margin positions 

Cons

  • Not available for residents of Washington or New York 
  • Slow account funding 
  • The starter account is limited 

Best for Trading Crypto—Gemini

Account basics

Type Description

Crypto trade fee

0.2% maker fee and 0.4% taker fee on trades under $10,000.

Account minimum

$0

Minimum trade

None

Intro offer

No

Number of crypto offered

150

Additional details

Type Description

Trustpilot score

1.2/5

Storage offering

Customers can use their own crypto wallets.

Maintenance fees

None

Transfer fee

$0-$25

Why we picked it

Ah, the thrill of short-term movements and quick financial gains. If you have a need for speed, Gemini offers its Active Trader feature, which executes trades in microseconds. And to avoid any speed bumps, Gemini has optimized the feature for most mobile browsers so you can trade on the go.

To go that extra mile, Gemini offers a range of tools to help you research and understand the crypto market, such as watch lists and a top movers section. After brushing up on your knowledge, Gemini allows you to manage your holdings, trade assets, buy Bitcoin and build your portfolio. But, all those features are useless if you lose it all to some hacker in his parent’s garage.

Lucky for you, the app has several security measures and insurance to protect user assets. This protection extends to their insured hot wallet, Bitcoin wallet, and Ethereum wallet. 

Pros

  • Advanced security features 
  • Crypto rewards credit card
  • Active trader feature 

Cons

  • High trading fees 
  • Certain cryptocurrency exchanges are restricted in select states

Best for Stock and Crypto Trading—Webull

Account basics

Type Description

Crypto trade fee

1%

Account minimum

$0

Minimum trade

None

Intro offer

Up to $5 in crypto

Number of crypto offered

40

Additional details

Type Description

Trustpilot score

1.3/5

Storage offering

Customers can use their own crypto wallets.

Maintenance fees

None

Transfer fee

$0

Why we picked it

Why limit yourself to cryptocurrency when you can dabble in other types of trading. With Webull, you’re free to explore crypto and stock trading while checking out other investment tools and features.

If you’re still plucking up the courage to start trading, you can try Webull’s “Paper Trading” platform, their risk-free virtual trading simulator. You can also use the Webull Community to discuss market and exchange techniques. Once you’re on your feet, Webull offers free trades on stocks, ETFs, options, and cryptocurrencies.

Now, back to crypto. Webull provides 24/7 access to trade over 44 cryptocurrencies with no trading fees. You can choose from Bitcoin, Ethereum, Litecoin, Cardano, and Dashtrade—all of which you can trade with instant settlement, so you can always access your funds. 

Pros

  • Virtual trading platform 
  • All-in-one features 
  • Instant settlement trading 

Cons

  • No wallet function 
  • Lack of educational tools 
  • Must liquidate assets to transfer cryptocurrencies 

Best for Bitcoin—bitFlyer 

Account basics

Type Description

Crypto trade fee

0.1% fee for trades under $50,000.

Account minimum

$10

Minimum trade

0.001 Bitcoin

Intro offer

$10

Number of crypto offered

5

Additional details

Type Description

Trustpilot score

1.8/5

Storage offering

Customers can use their own crypto wallets.

Maintenance fees

None

Transfer fee

0.0004 BTC

Why we picked it

BitFlyer stands out as a front-runner for Bitcoin—maintaining its number-one spot for Bitcoin trade volume in Japan for six years.

That being said, bitFlyer has a solid international appeal since it was one of the first cryptocurrency exchanges to get the licenses to operate across the US, Japan, and the EU. But you’re not limited to Bitcoin.

You can also invest in other cryptocurrencies, such as Ethereum and Litecoin, starting with as little as $1. You can choose from over 20 order types to customize trading strategies and use their Recurring Buy feature to reduce price fluctuation risk by consistently investing the same amount.

BitFlyer also prides itself on its top-notch security and claims never to have had a hacking incident in the last seven years. To keep that record going, bitFlyer stores all customer funds in an offline cold wallet and maintains high-security standards. 

Pros

  • No fees for account creation or maintenance 
  • High-security levels 
  • No fees on USD deposits 

Cons 

  • Limited cryptocurrencies for trading 
  • No crypto-to-crypto trading pairs

Other Considerations 

In addition to other banking features, the only crypto Cash App offers is Bitcoin, which is simple and easy to use. You can also withdraw the Bitcoin into a personal wallet for extra security. 

Best for Beginners—Binance 

Account basics

Type Description

Crypto trade fee

0% fee on trades between the US dollar and Bitcoin. A fee of 0.1% for other crypto combinations.

Account minimum

$0

Minimum trade

None

Intro offer

Up to $100

Number of crypto offered

350

Additional details

Type Description

Trustpilot score

2.0/5

Storage offering

Customers can use their own crypto wallets.

Maintenance fees

None

Transfer fee

0.0002 BTC

Why we picked it

Binance makes it onto our list, as it still remains a major player within the industry despite its recent legal issues. This is largely due to its wide range of cryptocurrencies, with over 125 to choose from—with access to over 150 options for crypto-to-crypto trading (although this is limited to BTC and stablecoins).

As well as crypto-to-crypto trading, you can also indulge in peer-to-peer trading, spot trading, and margin trading. And the range of options doesn’t stop there. You can take your pick from various order types, including post order, stop order, one-cancels-the-other order—and a pizza order if you earn some money.

Some nice rewards are also up for grabs, as Binance has recently launched its “Spend to Earn” program. This allows you to earn up to 5% BUSD cash back when shopping online. 

Pros

  • Trading fees low or non-existent 
  • Range of trading options and order types 
  • No transaction fees 

Cons 

  • Currently under investigation for a possible violation of the Bank Secrecy Act 
  • Lost about $570 million in a recent hacking incident
  • Lack of website transparency 

Other Considerations 

Robinhood has simple features, a user-friendly interface, and doesn’t charge any fees. The coin selection is limited, with only 11 popular cryptocurrencies available, but in addition to trading crypto, you can also engage in commission-free stock and margin trading. 

Our Methodology 

To choose our top cryptocurrency apps, we went through a handful of factors, like fees, usability, additional features, and choice of crypto.

All our recommendations include popular cryptocurrencies, such as Bitcoin and Ethereum, and many also include crypto-to-crypto trading pairs and secure Wallet features. But we get that not everyone is a seasoned trader. For those starting out, we’ve made sure our apps have the right educational tools and research features to help you get up to speed.

To save your time and energy, we’ve also included apps offering additional banking features, such as stock trading and personal loans. 

The Best Cryptocurrency Apps in 2023—The More You Know

Crypto is dying. That was my roommate’s reaction after I mentioned I was writing about the best crypto apps.

This was in response to the recent collapse of FTX, one of the world’s top crypto exchanges. The crash reduced the price of Bitcoin and Ethereum, wiping billions from the market. This isn’t the first time cryptocurrency has “reached the end of the road”—and it probably won’t be the last.

In 2017, Bitcoin lost 45% of its value in just five days—yet it still pulled through and continued to rise in value. In fact, crypto businesses are already drawing up growth and recovery plans. The White House has even released its first-ever framework on crypto regulation in the US.

Crypto is a key player in our modern financial climate. And while some lesser-known cryptocurrencies may struggle, established currencies—like Bitcoin and Ethereum—have proven they’re strong enough to get through the tough times.

This article will show you: 

  • The best crypto apps on the market.
  • How to choose the best crypto app for you.
  • The ins and outs of crypto trading. 
  • Crypto trading for beginners. 
  • How safe crypto apps really are.

Similar investment articles:

What Is the Best App for Crypto?

Let’s explain how Coinbase beat out the competition. Coinbase has slightly higher fees than other crypto apps—so why is it worth those few extra dollars?

Not only does it have plenty of cryptocurrencies to choose from, but they’re also a great option for crypto-to-crypto trading. Mastering crypto is no walk in the park, so if you’re unsure where to start, their “Earn to Learn” feature actually rewards you for smartening up.

Coinbase also provides a handy wallet where you can store your crypto and grow your NFT collection, so you can branch out into other digital assets. Coinbase also got a pat on the back for usability and accessibility.

The app is tailored to all experience levels and supports over 100 countries. Trading on the go should be no problem either, as Coinbase has received high ratings for iOS and Android. 

What Is Cryptocurrency?

The textbook definition will tell you that cryptocurrency is a form of digital currency created using encrypted algorithms and blockchain technology—popular cryptocurrencies include Bitcoin, Ethereum, and Litcoin, as well as lesser-known cryptocurrencies (altcoins).

To help you understand, let’s compare this to other types of trading you might be familiar with. Say you’re at an amusement park. There are two rollercoasters named crypto and stock trading. Both are pretty volatile, with a whole load of ups and downs.

The stock trading rollercoaster plunges you into darkness—so it can be pretty tricky to predict what’s around the bend if you’re unfamiliar with the layout (making it difficult to know when to buy or sell.)

Crypto is also fairly rocky, with rapid highs and lows that mean you could win big or lose in a single day—but unlike stock trading, the cryptocoaster is highly unsupervised, leaving it vulnerable to hackers and cyberattacks.

So, how do you keep everything secure while you're on the ride? 

Crypto wallets store all your crypto and digital assets. Many opt for a non-custodial wallet, so you have total control over your private keys.

But if you’re always hitting that “forgotten password” button, a custodial wallet shifts that responsibility to a third party or crypto exchange to keep your keys (and password) in safekeeping. Back to the park.

There’s a rollercoaster similar to crypto—let’s call it forex trading. Both have their ups and downs, but unlike stock trading, the price fluctuations are driven by supply and demand (totally depending on how many are buying). Now, let’s leave the amusement park before all this makes you dizzy.

Learning how to speculate on price movements, reading the market, and keeping an eye on the buyers and sellers will all give you a head start when getting into cryptocurrency. 

How to Choose the Best Crypto App for You 

We’ve done most of the legwork with our list of crypto apps—but ultimately, the best cryptocurrency app for you depends on your preferences and goals.

There isn’t a one-size-fits-all option, so let’s go through some key app features, so you can see what catches your eye. 

Choice of cryptocurrencies

Variety is the spice of life—and a good crypto app should have a decent choice of crypto. But while the apps with over 100 different cryptocurrencies may sound impressive, the ones to really watch out for are the most popular choices—Bitcoin and Ethereum.

If you want to go off the beaten path, look out for apps that also offer plenty of altcoins. Popular altcoin choices include Ether, Dogecoin, Tether, Ripple, and Chainlink.

Trading options 

Sticking to crypto is fine—but why not play the field by checking out other trading options, like margin and stock trading. Margin trading involves borrowing money from a broker to purchase stock and carry out trades.

But be careful—margin trading means you’re expected to pay back the debt, even if you lost money in your investment. Many apps also offer peer-to-peer trading, letting you trade freely without a third party watching your every move. You can benefit from a P2P platform as both parties agree on the preferred pricing and payment methods. 

Banking features 

When you’re out of bread, you could just go to the bakery—or head to Walmart instead, and look at a bunch of other stuff (you may or may not need).

The same goes for crypto apps— you could get an app specializing solely in cryptocurrency, but why not find one that does a little of everything? Apps like SoFi and Webull offer plenty of banking features, like stock trading, fractional shares, personal loans, mortgages, and retirement plans. 

Wallet 

Storing the keys to your cryptocurrency in a non-custodial crypto wallet is the best way to keep your assets safe and sound. It gives you complete responsibility over your private keys rather than being controlled by a third party. For more control, look out for apps that allow you to transfer crypto out of your account.

Alternatively, a custodial wallet (controlled by a crypto exchange company) could be a good option for beginners—it’s easy to use, and you don’t have to worry about forgetting those two numbers at the end of your password.

Educational tools 

You learn something new every day—at least, that’s the goal. And with that philosophy, even the seasoned trader could learn a thing or two about crypto.

Both experts and beginners can benefit from educational tools—from video classes to advanced data charts. If you’re just learning the ropes, Webull has a great virtual trading simulator, while

Coinbase will actually pay you to watch their educational videos. For those with more expertise, Tradestation offers real-time data to keep track of the market, and Kraken has a selection of videos and podcasts to help you level up your crypto game.

If you want to find your own educational resources, plenty of masterclasses are available to help you take control of your finances.

How to Use a Crypto Trading App

Just like reading a recipe is key to understanding your favorite dish, the key to understanding crypto is knowing the market.  To get a good grasp on the market, you need to be in it for the long run.

 Patterns and trends change over time, so your trading strategies and choices must ride the wave along with these changes. All this talk about the market, but what actually is it? Let’s break it down into two categories: bearish and bullish.

bearish market happens when prices steadily decline, resulting in mass sell-offs, causing the prices to drop even further. A bullish market reflects the increase of a price action, leading to more buyers and further price increases.

Take your time looking at patterns and trends so you can see how your trading strategies can benefit from the market shifts. 

Different trading strategies

You want to succeed in crypto. But choosing the wrong trading strategy can harm your finances—and stress levels! Here are some tried-and-tested trading strategies to consider—2

Day trading

Let’s face it, many of us are impatient and enjoy the kick from instant gratification—making day trading a popular choice.

Day trading lets you enter and exit positions on the same day and capitalize on short-term trends. This way, you can make money fast without being affected by overnight market shifts. But be warned—you can also lose money as fast as they get it.

And don’t expect to get rich quick from day trading, as the lack of big trades means you’ll rely on multiple small trades to build wealth over time. The think-fast environment can also be pretty stressful, especially for beginners. 

Swing trading

Slow and steady wins the race—or at least gives you a decent profit. Unlike day trading, swing trading usually follows short to intermediate trends (1–30 days).

Swing trading involves longer market trends, so it can be easier to wrap your head around. But as the name suggests, swings refers to fluctuating prices, so you’ll need to pay attention to all the ups and downs, which can each last up to a month.

Yes, fluctuation is risky—to succeed in swing trading, you’ll have to research market trends and stick to your guns when deciding on a strategy

Position trading 

It’s no secret that online trading can be stressful—especially with all the crazy fluctuations. If you prefer to take it easy, position trading is categorically the least stressful option.

Rather than quickly acting on short-term trends, position trading is for those in it for the long haul. You can buy and hold stocks over the long term, with small mistakes being forgiven as you build your assets over time. This can eventually pay off, as position traders often see significant gains by taking advantage of large stock moves.

Despite having the highest payout, market trends can always take a turn for the worse, known as trend reversal—so make sure you have all the right data, research, and guidance before diving in. 

What Is the Best Crypto App for Beginners?

You hear about cryptocurrency from your friends, on social media, and from the conspiracy theorist next door. You finally give in to temptation, but just as you’re about to bite the bullet, you hear some new terminology pop up, and boom—you’re back to square one.

We’ve all been there. But don’t sweat it. There are a ton of apps that cater to all experience levels. Crypto apps like Gemini and eToro have various educational tools and research, so you can learn as you go.

Coinbase also has a “Earn to Learn” feature that allows you to earn some dollars by watching their video classes.

Beginners should also look for a user-friendly platform to avoid getting lost in navigation problems. For usability, we recommend eToro and bitFlyer as they both have simple interfaces that should be easy to grasp for beginners.

If you’re just starting out, avoid using apps for more advanced users, like Kraken and Tradestation. Their complex trading features might be overwhelming if you're only just getting used to the basics. 

How to Start Trading Crypto as a Beginner

You’ve been convinced—but before starting, you have to do your homework. Yes, not the most exciting part, but doing your research helps protect your finances and stops you from making any regrettable decisions.

Be sure not to skim over any risks and laws surrounding cryptocurrency and trading. It may be cliché, but knowledge really is power. So, put in that extra time, and you’ll have a solid foundation to get started in crypto.

Once you’ve done your research, here are some steps you can take to get the ball rolling—

1. Find the right crypto app 

You can’t pick a restaurant without having a clue what you want to eat (unless you're one of those people). And the same goes here. Before choosing an app, make sure you have a clear idea of your goals and the app features you want to explore. Perhaps you want an all-in-one banking solution? Or you’re interested in building an NFT portfolio?

Many crypto apps don’t charge a cent for opening an account, so there’s no harm in trying a few apps until you find you favorite. 

2. Open an account 

If you’re reading this, we assume you don’t currently own cryptocurrency—so let’s change that. First, you’ll need to open an account with a crypto brokerage. This part is pretty simple and doesn’t differ too much from opening an account with a stock brokerage.

All you’ll need to do is provide your personal information, such as your—

  • Name and date of birth
  • Place of residence 
  • Social security number 
  • Email and/or a phone number 

You’ll also have to verify who you are with a passport, government ID, or driving license. Some exchanges might interrogate you further and ask about your reasons for opening a cryptocurrency account. After providing your personal information, you’ll need to connect to a bank account or credit card to fund your account. 

3. Choose your cryptocurrency

With some apps offering over 100 types of cryptocurrencies, we wouldn’t blame you for feeling overloaded. But we’ll make it easy.

If you’re starting out, the safest bet is Bitcoin or Ethereum. While these coins still have the potential to fail, they’re also more predictable, transparent, and accessible than altcoins. Speaking of alt-coins (alternative coins), they can carry solid upside potential once you start finding your feet. Just be aware that altcoins are less predictable, making them riskier. 

4. Begin trading 

We’ve finally made it to the step you really care about—time to get you in on the action. Before diving in, think about the type of trading strategy you want to follow.

Day trading equals fast profits—but this short-term strategy means you can lose money faster than it took you to read this article.

Position trading is for those who are in it for the long game—but keep in mind that markets can still change rapidly over time.

You can also try automated crypto trading, which uses algorithms and bots to buy and sell for you. This lets you make money quickly and diversify your portfolio without monitoring your account 24/7. 

5. Store your cryptocurrency 

Here’s one piece of terminology you thankfully already know—a wallet (cue sigh of relief). Like their traditional counterparts, you can store the keys to your cryptocurrency in a digital wallet. Cryptocurrency wallets come in many forms, but all are designed to keep digital assets in a secure environment.

A heads up—storing crypto directly on the exchange doesn’t carry the same security as a digital wallet and is only recommended if you're frequently trading small amounts.  

Are cryptocurrency trading apps safe?

 Mobile apps and digital banking have been around for a long time, but if Mr. Robot taught us anything, it’s that even the latest technologies have their weak spots.

One of the top players, Binance, has experienced this first-hand, following a hacking incident in October. In total, the hackers stole $570 millioni after hacking a blockchain that served as a bridge for asset transfers between networks.

In fact, 2022 could set a new record for the biggest year for hacking—with companies losing over $3 billion dollars across 125 hacking incidents. But don’t run away just yet—there are plenty of ways to keep your crypto safe from hackers

What is the best crypto wallet?

The best way to secure your crypto is through a non-custodial wallet. This lets you hold the purse strings over your private keys and cryptocurrency. To quote Marvel, “with great power comes great responsibility”—and if you forget your password, you could permanently lose all access to your account.

Alternatively, a custodial wallet is controlled by the crypto exchange or third party—so you lose autonomy over your keys, but you also don’t have to deal with all that responsibility (being Spiderman is overrated anyway).

For security, a non-custodial wallet comes out on top as there’s less chance of data breaches and hacks. Just make sure you don’t store your private keys on a device with an easily accessible connection. Storing your cryptocurrency offline (known as a cold wallet) lowers the risk of viruses and hackers.

If you need to go online (a hot wallet), you’ll end up creating a connection between the owner and the end user, leaving your crypto vulnerable to online attacks. On the flip side, using a hot wallet is faster and more convenient as it’s connected to the internet—so to avoid security issues, only transfer to a hot wallet when you really need to. 

Key Takeaway 

The world of cryptocurrency can be a crazy one. Fluctuating markets, the risk of hacking, and rapid changes can be overwhelming for some—but we assure you that doing your research can make the crypto world way less scary.

Brush up on your market knowledge, find the best crypto app, identify the right trading technique, and get a secure wallet before taking the plunge. We’re living in an ever-growing tech-driven world, and digital currency may well be the future—something to think about if you’re still debating if crypto is the right choice for you. 

Frequently Asked Questions 

What are the best trading apps for crypto?

Our top pick for the best cryptocurrency trading app is Coinbase. The app offers over 170 cryptocurrencies and more than 500 crypto-to-crypto trading pairs. You can also access educational video classes and the Coinbase wallet. 

What is the best app to buy crypto?

Most crypto apps let you buy cryptocurrency—though rates can differ. Binance and Bitflyer have cheaper rates, while Kraken and Crypto.com are more pricey. 

What is the best Bitcoin app?

While most crypto apps offer Bitcoin, bitFlyer has been very successful in Bitcoin trade volume. The app has zero fees and allows you to store all your funds in a cold wallet for extra security. 

Check out our free investment calculator and other personal finance tools to plan your crypto investment. 

Sources

See all

Binance Blockchain Hit by $570 Million Hack—The New York Times. (n.d.). Retrieved March 17, 2023, from https://www.nytimes.com/2022/10/07/business/binance-hack.html