10 Best Crypto Apps For 2023
If you are interested in buying or selling cryptocurrency using your mobile phone, you will need a crypto app. But choosing the best crypto app should be your priority, which can be challenging. Therefore, in this blog, we have reviewed the ten best crypto apps for 2023, looking at their features, user-friendliness, fee structure, pros & cons, comparison, and many more.
So, let’s get started!
The Best Crypto Apps For 2023
The ten best crypto apps for beginners and veteran crypto users supporting iPhone and Android devices are the following.
1. eToro
eToro is considered one of the best crypto apps for 2023. eToro was founded in 2007 to democratize investment opportunities for global users. From coin selections to security eToro is known for providing out-class service.
In the crypto world, one should never compromise on security. eToro does the same. It is regulated by the SEC and FCA (Financial Conduct Authority) in the U.K., ASIC (Australian Securities and Investment Commission) in Australia and CySEC (Cyprus Securities and Exchange Commission) in Cyprus.
eToro supports 75 different cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Cardano (ADA), Aave (AAVE), Sandbox (SAND), Ethereum Classic (ETC) and many altcoins as well. One can also choose among the best DeFi coins on eToro with just a click/tap of a button. eToro also offers to explore other opportunities such as forex, commodities, ETF, foreign stocks, indices, etc.
eToro charges a minimum fee on trading any supported cryptocurrency, only 1% plus a spread. However, eToro is famous as the best crypto app with no fees on transactions. There is also no fee for USD deposits. One can start on eToro with a minimum deposit of $10 only. The platform also supports payment methods such as debit and credit cards, bank wires, PayPal, Skrill, ACH, etc.
eToro also provides plenty of learning resources and a $100,000 virtual account for newbies. New investors can also copy what expert traders do to learn trading strategies. Overall, eToro is considered the best crypto app for beginners.
eToro crypto app is supported by both iOS and Android. Moreover, its user-friendly interface makes it more attractive. If you think eToro can be your go-to crypto app, it takes only five minutes to set up an account on eToro from start to end.
Pros
- One of the best crypto apps for both beginners and advanced traders.
- Social investing allows new traders to connect with experts to learn.
- Strong security and highly regulated.
Cons
- Not available in many countries.
- Does not support crypto-to-crypto trading pairs.
Why did we choose it?
Users can start with a minimum deposit of $10 and learn using a $100,000 virtual account provided by eToro. They can also learn from successful traders.
2. Coinbase
Coinbase was founded in 2012 as one of the best crypto apps. Coinbase offers tons of features, ease-of-use and robust security that has made it loveable by over 110 million people around the globe.
Coinbase protects its users’ funds in offline storage. Users’ funds are further protected with FDIC insurance. It also carries crime insurance that protects users’ funds against theft and security breaches.
Coinbase is globally known for supporting many cryptocurrencies and crypto trading pairs. Users can buy and sell cryptos from 200 supported cryptos and over 500 crypto trading pairs. The app also allows purchasing stablecoins, meme tokens and many metaverse-based tokens. Therefore, Coinbase is the best crypto app for Dogecoin, Ethereum, Bitcoin and other cryptos selling and purchasing.
On Coinbase, users must pay a spread fee of 2% per trade. The platform also charges a fee of 0% to 1.49% for buying and selling cryptos via bank transfer. While the fee can be up to 3.99% when purchasing using a debit card. However, cash withdrawals using a Coinbase card or PayPal are free.
Coinbase also offers learning resources for beginners. They can earn some free cryptos by taking these educational courses. Coinbase recommends an initial deposit of at least $50 for bank verification. However, one can start buying and selling crypto with as little as $2.
Coinbase is equally famous among beginners and advanced crypto traders because of its user-friendly interface and advanced features. It allows users to stake and borrow crypto assets with only a few clicks of buttons. It also provides access to NFT marketplaces and crypto-collateralized loans. Its mobile interface makes it the best crypto app for Android and iOS. The app has also introduced “Advanced Trade” for enhanced trading features. Coinbase is also the best crypto app Reddit pick.
Pros
- Supports over 200 different cryptocurrencies.
- Earn free cryptos by learning crypto courses on the platform.
- Globally known for its best service.
Cons
- Charges higher fees than other crypto apps.
- A complex fee structure.
Why did we choose it?
Coinbase is the largest U.S. cryptocurrency exchange globally known for its best features. It provides robust security and offers insurance to protect users’ funds. Users can start trading with a minimum of $2 after setting up the account on the app within a few minutes.
3. Kraken
Kraken was established in 2011 in San Francisco. It is one of the most globally reputable crypto platforms with the most substantial security, a comprehensive list of supported cryptos and highly optimized trading options.
Despite the increasing cyberattacks and breaches, Kraken has made its name as the cryptocurrency platform that has never been hacked. It follows its “Security-First” approach, implementing the industry’s best security practices.
Kraken is home to over 185 supported cryptos for trading. Users can trade cryptos, including the blue-chip cryptos as well other cryptos such as Solana (SOL), Uniswap (UNI), Cardano (ADA), etc.
Kraken provides two trading platforms; Kraken and Kraken Pro. Kraken is its main trading platform, while Kraken Pro is its professional platform with highly customizable features and tool options.
The fee structure of Kraken and Kraken Pro is different. Users can save money spent on fees by signing up for Kraken Pro. The instant buy fee on its main platform is up to 1.5%, but it is low on the Pro platform. With Kraken Pro, users can avail of a tiered fee structure through which traders with a 30-day volume of trades less than $50,000 cost a maker fee of 0.16% and a taker fee of 0.26%. Moreover, if the 30-day trade volume exceeds $10 million, the maker fee is as low as 0%, and the taker fee is as low as 0.10%. The platform also charges up to $10 per deposit, depending upon the bank used for the deposit.
Kraken offers both a simple and advanced user interface. It is one of the best crypto apps for iPhone and Android users. Users can start trading with a minimum deposit of only $1 by setting up an account on the platform within a few minutes.
Pros
- Advanced features on Kraken Pro, such as staking, margin trading, etc.
- Provides educational resources.
- Highly secure platform.
Cons
- Not available in all U.S. states.
- It accepts only a limited number of fiat currencies.
- The ACH funding method is not supported.
Why did we choose it?
Kraken is one of the few crypto platforms that has never been hacked since it went online because of its top-notch security. Moreover, the fees on Kraken Pro are comparatively low.
4. Crypto.com
Crypto.com is another app in the list of the best crypto apps. The platform was established in 2016 and is now trusted by over 50 million global users. It provides an extensive list of supported cryptos, advanced trading features and an easy-to-use mobile interface.
Crypto.com is famous for its security measures and practices for cybersecurity. It stores users’ funds in cold storage away from the platform. Though the platform has been hacked, it paid all users what it owed and adopted the best practices to prevent future attacks.
Crypto.com offers many supported coins, over 250 cryptocurrencies, and more than 20 fiat currencies. Major cryptos such as Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), as well as other coins such as Tectonic (TONIC), DappRadar (RADAR), Juventus Fan Token (JUV) etc., can be found on Crypto.com. Other apps rarely support sports-related governance tokens.
Crypto.com charges a low fee for trading. It is 0.4% on each trade. Moreover, if the 30-day trading volume increases, the fee charged for trading is decreased. In other words, the maker-and-taker fee for Level 1 ($0 – $25,000 trading volume) is 0.04%, while the fee drops to 0.1% for Level 9 when trading volume is above $200,000,001. Moreover, buying crypto using a debit card on the Crypto.com app charges an additional 2.99%. However, the deposit and withdrawal fees depend on your currency. For instance, it is free to deposit Bitcoin, but a withdrawal fee may apply depending upon the withdrawal amount.
Crypto.com should be your option if you are looking for the best crypto app for Android or iPhone with excellent trading features. You can easily buy, sell, trade, and earn interest over your cryptos on Crypto.com. Moreover, you can start trading on Crypto.com with a minimum deposit of $1 right after setting up your account on the app within a few minutes.
Pros
- Supports over 250 different crypto coins.
- Relatively low trading fees.
- Higher cyber security ratings as it implements the industry’s best practices.
Cons
- Poor customer service.
- It is not considered one of the best crypto apps for beginners because of its complex interface.
Why did we choose it?
Crypto.com is among the highly reputable platforms with its excellent mobile app. It provides an extensive list of coins for trading and various investment opportunities, which one can easily access from its app.
5. Binance
Founded in 2017, Binance is one of the most popular crypto exchanges, with over 120 million worldwide users. Moreover, Binance is one of the best crypto apps on Reddit, as well, because of its highly extensive list of supported cryptos, excellent trading features and user-friendly interface.
Binance implements the industry’s standard security practices and reimbursement policies, winning the trust of millions of worldwide users. The platform holds a Secure Asset Fund for Users (SAFU) to protect users in case of any mishap.
The Binance crypto app supports over 600 different cryptocurrencies. It offers over 1,000 trading pairs. If you are interested in trading altcoins, the Binance app is the best option.
Binance is another crypto app that provides learning resources for new investors. Users can learn from a wide range of articles available on Binance Academy.
This platform charges meager fees. The trading fee is only 0.1% per trade. The fee can be even lower if the trading volume increases by $50,000 per month. Users can also further reduce the trading fee by opting to stake the platform’s native coin, Binance Coin (BNB). Binance is one of the best crypto apps with no deposit fee, but it charges withdrawal fees depending on crypto.
Setting up an account on Binance is very easy. Users can start trading with a minimum deposit of only $50. The Binance crypto app offers an easy-to-use interface for iPhone and Android users.
Pros
- A large number of supported cryptos.
- Low trading fee.
- No deposit fees.
- Advanced trading options and tools
Cons
- Only available in 44 U.S. states.
- It does not fall under the category of the best crypto app for beginners because of its technical interface.
Why did we choose it?
Binance is one of the leading crypto exchanges in the industry with a high reputation and the trust of users. The Binance app offers multiple trading opportunities while supporting an extensive list of cryptos.
6. Gemini
Gemini is one of the largest cryptocurrency exchanges, established in 2015. Apart from providing facilities for buying and selling cryptos, the platform also allows the sale and purchase of NFTs. Gemini app is one of the best crypto apps on Reddit because of many supported cryptocurrencies, excellent trading features and its strong commitment to security.
Gemini crypto exchange is regulated by the New York State Department of Financial Services (NYSDFS). Moreover, the platform claims that it is committed to meeting all U.S. regulatory compliance requirements. Furthermore, it is SOC 1 Type 2 and SOC 2 Type 2 compliant.
The Gemini app provides a professional dashboard that supports buying and selling of more than 100 different cryptocurrencies. The platform also provides a crypto reward card through which cardholders can earn crypto back on everyday purchases.
Gemini has a primary and active trader platform, each with a different fee structure. The primary platform charges a 1.49% fee on trades above $200. While on the trader platform, the maker-taker fee is up to 0.4%. The fee further decreases with the increase in trading volume.
The mobile app of Gemini is optimized for iPhone and Android users with its easy-to-use interface. One can start trading on Gemini without a minimum deposit after setting up the account on the app. Moreover, it is among the best crypto apps for beginners and advanced traders.
Pros
- Available in all 50 U.S. states.
- Provide robust security.
- Intuitive mobile app user interface.
Cons
- High fee structure as compared to other crypto apps.
- Many popular coins, such as Cardano (ADA), are unsupported.
Why did we choose it?
Gemini is one the best crypto apps for beginners and experts who take security very seriously. Though the fee structure is higher, it may be a small price to what Gemini offers its users.
7. Robinhood
Robinhood is one of the best crypto apps with no fee. It can be the choice of beginners with many trading opportunities. The platform was launched in 2015, and now more than 10 million have created an account on the app.
Robinhood is a member of SIPC (Securities Investor Protection Corporation), which means users’ funds are protected for securities and cash claims up to $500,000 (including $250,000 for cash claims) in case of any mishap.
The platform supports seven major cryptocurrencies, including Bitcoin (BTC), Litecoin (BTC), Ethereum (ETH), USD Coin (USDC), Cardano (ADA) etc. Moreover, it is also one of the best crypto apps for Dogecoin (DOGE). Users can also explore stocks, ETFs, options, etc. Furthermore, it offers fractional shares in stock with as small as $1 of investment.
Robinhood does not charge a fee for buying or selling coins, but it charges a spread markup. There is also no fee for ATM withdrawals.
One can start trading on Robinhood without any minimum deposit requirement. Moreover, setting up an account is also very easy, which hardly takes a few minutes. The Robinhood mobile app is supported by iOS and Android. Its user-friendly interface makes it attractive to new investors.
Pros
- No fee for crypto trading.
- More convenient if one has a Robinhood brokerage account as well.
- Very easy to start trading on the mobile app.
Cons
- Only a few cryptos are supported.
- No facility for crypto-to-crypto trading.
- No educational resources.
Why did we choose it?
Its no-commission ethos makes it highly attractive among beginners. Plus, there is no minimum deposit requirement to get started. Just download the app, set up the account and start trading.
8. Cash App
Cash App is one of the best crypto apps for Bitcoin enthusiasts. The platform was launched in 2013 to allow individuals in the U.S. and U.K. to buy and sell Bitcoin seamlessly with robust security and straightforwardness using their mobile phones.
Cash App is a secure and legit crypto app created under the Square, Inc brand. This mobile app also provides other investment opportunities like stocks and ETFs. Unlike Robinhood, Cash App users can withdraw funds to a third-party wallet.
However, Cash App is only for Bitcoin trading, and the platform holds your cryptos on your behalf.
The app does not charge a fee for sending Bitcoin, but there is a 3% transaction fee when payment is made via credit card. Moreover, it charges a small fee for trading the coin. There is also a $2-$2.50 fee for using a Cash App Card at an ATM.
Using Cash App, one can start investing in stocks and ETFs for as little as $1 with no commission fee. Moreover, the app’s interface is user-friendly and modern, making it highly attractive for beginners and expert traders.
Pros
- One of the easiest crypto apps to buy Bitcoins.
- Users can withdraw funds to their wallets.
Cons
- No FDIC insurance coverage.
- It only supports Bitcoin, no other cryptocurrency.
- Does not support the international transaction.
Why did we choose it?
Some investors are interested in investing in only Bitcoin; for those, Cash App is the best crypto app. However, the investor must be from the U.S. or the U.K.
9. Uphold
Uphold is another fantastic option for the best crypto apps for 2023. The platform was launched in 2015 and now operates in more than 184 countries around the globe. Because of its excellent features, ease of use and an extended list of supported cryptos, Uphold is trusted by more than 10 million global users.
Uphold is a safe and legit platform that follows industry-standard security measures and stores the users’ funds offline in cold storage.
Uphold lets users trade over 200 cryptocurrencies globally through its mobile app quickly. Users can diversify their portfolios by investing in other opportunities such as commodities, stocks, etc. The app also enables users to earn a staking reward of up to 13%.
Uphold is another best crypto app with no fee on deposits. However, the trading fee is in the form of spreads. It is 0.9 – 1.2% on Bitcoin (BTC) and Ethereum (ETH) and varies depending upon the coin. The withdrawal to a bank charges $3.99, and API fees range.
To start trading on Uphold, there is no requirement for a minimum deposit. You can choose to use the platform’s wallet or your external wallet. Uphold app is optimized for iPhone and Android users with its user-friendly interface.
Pros
- Supports auto-trading.
- An extensive list of supported cryptos.
- Allows the use of a personal wallet.
Cons
- Charge a transaction fee of $0.99 on repeat transactions.
- The staking reward is subjected to a 3-34% commission.
Why did we choose it?
Uphold app is a good option for those looking for multiple crypto options within an easy-to-use crypto app. Moreover, it is a reliable app for beginner to intermediate-level investors.
10. OKX
OKX is another name in the list of the best crypto apps for 2023. Formerly known as OKEx, OKX was founded in 2017 in Malta. The platform is re-imagining the crypto ecosystem with the advancement of DeFi and Web 3.0. Therefore, it is also among the options for the best crypto apps for web3 enthusiasts available in over 200 countries with more than 20 million active users.
OKX supports more than 350 crypto tokens and around 700 crypto pairs. It also supports altcoins, including City Coin (CITY), Student Coin (STC), Amazy (AZY), Tamadoge (TAMA), etc. The platform is famous in the market because of its low fee structure. The trading fee is up to 0.10% per trade. The fee is even lower than this, 0.05% for those traders holding 500 OKB- the platform’s native token.
OKX app offers a wide range of trading features, such as a demo trading tool and trading bots, and it also supports trade spot, margin trading, futures, and options trading. The OKX app is among the crypto apps for Android and iPhone users with an easy-to-use interface. Users can deposit funds through bank transfer, a credit card or the P2P market.
Users can do more than buy and sell cryptos on OKX, such as crypto staking, and earn interest. The platform also provides crypto-collateralized loans with APR as low as 1%.
One can start trading on OKX with a minimum deposit of $10 after setting up the account on the app within a few minutes. OKX app is optimized for both iOS and Android.
Pros
- Wide range of supported cryptos, over 350.
- Low trading fees.
- Offers multiple trading options.
Cons
- Limited deposit and withdrawal options.
Why did we choose it?
OKX provides a gateway to cryptos, NFTs, DeFi apps and blockchain games. It is available in over 200 countries, with millions of users trusting the app.
Comparison of the 10 Best Crypto Apps in 2023
The following table compares the best crypto app for 2023 reviewed above.
Conclusion
Though the crypto industry is not in good condition these days, one thing is sure, cryptocurrency is here to stay, and the industry will weather the storm sooner or later. Therefore, if you are also interested in investing in crypto, you can go for it. However, after thorough research, you must choose the right cryptocurrency and the right crypto app, as per your requirements, because your entire cryptocurrency experience depends on the app or platform you choose.
The above-mentioned are the best crypto apps for 2023; you can choose any one according to your requirements. Still, thoroughly researching any product you select in the crypto space is always recommended.
FAQs
Which is the best cryptocurrency app to use?
The list of the best cryptocurrency app includes Coinbase, eToro, Kraken, Binance and Gemini, each offering different features with different fee structures. You can choose the one after research that best fits your needs.
What is the best crypto app for beginners?
Coinbase is considered the best crypto app for beginners. It has a very intuitive and user-friendly interface that allows users to trade a wide range of cryptocurrencies. Setting up an account on the Coinbase app is also easy.
Which crypto app is the safest?
Kraken is one of the crypto apps that has never been hacked, making it one of the safest crypto apps. However, eToro, Binance, Coinbase and Gemini also implement the best security practices.
What is the best crypto app with no fees?
eToro, Robinhood and Uphold are the best crypto apps with no fee or only a small fee compared to other crypto apps in the industry.
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