11 Best Crypto Exchanges And Apps For Beginners

The popularity of cryptocurrencies, especially the increase in value and popularity, has fueled cryptocurrency trading’s growth. While it may be frightening at first, today’s best crypto apps, exchanges, and platforms make buying and selling crypto easier and less complicated than ever before.
There are numerous options for investing in cryptocurrency. We’ve compiled a list of crypto exchanges, platforms, and online brokers that provide crypto as well as cash and payment applications that allow you to purchase and sell Bitcoin.
Even those who are familiar with conventional financial platforms should be wary of the fact that cryptocurrencies often have different pricing models, fewer customer support choices, and more risk for the investor.
Best Crypto Exchanges And Apps
What is Cryptocurrency?
Cryptocurrency is a digital or virtual asset designed to work as a medium of exchange. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. Bitcoin, the first and most well-known cryptocurrency, was created in 2009. Since then, numerous other cryptocurrencies have been created. These are frequently called altcoins, as a blend of alternative coins.
What is an ICO?
An ICO is an initial coin offering. ICOs provide a way for companies or projects to raise money by selling crypto tokens. Investors hope that the value of the tokens will go up after the project launches. For example, Filecoin raised over $257 million by selling tokens in an ICO in 2017.
What’s the difference between an exchange and a broker?
An exchange is a marketplace where you can buy and sell cryptocurrency. A broker is a company that sells cryptocurrency to customers at a price set by the broker.
What’s the difference between hot storage and cold storage?
Hot storage refers to crypto wallets that are connected to the internet. These wallets are less secure because they are subject to hacking attacks. Cold storage refers to crypto wallets that are not connected to the internet. These wallets are more secure because they cannot be hacked.
Now that we’ve answered some basic questions, let’s take a look at the best crypto exchanges and apps.
11 Top Crypto Exchanges And Apps For Beginners
Here are our top 10 picks of the best crypto exchanges and platforms:
Blockchain.com
Blockchain is the most popular app for buying and selling Bitcoin and altcoins, serving over 62M people. Blockchain’s mobile application has processed $620B in transactions since its launch in 2013, with users from 180 countries accessing it. The app is available in over 21 languages.
Blockchain offers an easy-to-use platform and since its features are very beginner-friendly, it is the perfect website for those interested in trading cryptocurrencies.
Coinbase
Coinbase is the best crypto exchange. Aside from being the best crypto exchange, Coinbase provides a mix of top-notch products, including custodian services for institutional investors (Coinbase Custody), eCommerce payment features, a platform for professional traders (Coinbase Pro), interest-earning accounts, and an online education program designed to help beginners learn about investing in cryptocurrency.
Gemini
Gemini is the best exchange for trading. Gemini allows you to trade Bitcoin, Ethereum, Litecoin, BAT, Dai Chainlink, and Orchid. Security has been built into Gemini as the highest priority and they offer lots of robust tools for buying and trading cryptocurrency like price alerts, portfolio management options, etc.
BlockFI
BlockFI tops our list of quality crypto apps and is the best crypto interest account. Compound interest on your crypto account varies between 3% and 7.5%.
One of the major benefits of using a BlockFi account is that you can utilize your existing cryptocurrency portfolio to earn interest in your holdings. The annual rate for dedicated crypto holdings reaches 4%. Another, more conservative way of investing in cryptocurrency is to hold stable coins like USDC or GUSD. This type of investment earns 7.5% in interest per year and is less volatile due to its ability to correlate with other currencies such as the USD.
eToro
eToro is the best option for trading conventional cryptocurrency. If you want to invest in cryptocurrencies for speculative purposes alone, trading with an eToro (or similar) might be right up your alley.
eToro is among the best crypto exchanges and online brokers that offer trading in bitcoin. You can also take advantage of one eToro’s top-selling points – the opportunity to copy successful traders and clone their strategies.
Kraken
Kraken is one of the world’s largest and most popular cryptocurrency exchanges. It offers a wide range of digital assets, including bitcoin, ether, dogecoin, and more. The Kraken app is available on iOS and Android, and it provides an intuitive and easy-to-use interface for buying and selling crypto.
Kraken is a leading exchange in terms of volume, letting its clients buy more than 90 different cryptocurrencies — second only to Coinbase among exchanges evaluated by NerdWallet. With 130 tradable pairs, it also has the most of any offers we’ve reviewed.
Nomics
Nomics is the best digital assets market data, provider. Nomics provides crypto market data from the world’s leading exchanges, including Bitfinex and Poloniex. It also offers a comprehensive range of cryptocurrency charts to help traders make better decisions about which coins to trade on what exchange. All for free!
This site and apps provide real-time feeds of trading volume and price movements, so you can choose the most transparent crypto Exchanges to trade on.
Blockfolio
Blockfolio is the best crypto portfolio tracker app. Portfolio trackers are an essential component of successful crypto investment. Blockfolio is the world’s most popular cryptocurrency portfolio tracker available for free and packed with useful features
Tracking cryptocurrencies is no easy feat. There are now over 10,000 individual coins and tokens on 500 different exchanges, making it difficult to keep track of everything on your own. Luckily, Blockfolio offers a bridge between cryptocurrency traders focusing both attention and data collection efforts that automates the tracking process for you.
Much like Google Analytics or Facebook Insights provide market insights into websites and apps respectively, Blockfolio delivers accurate analytics about which coin investments have potential in algorithmically generated cryptocurrency portfolios customized to your preferred objectives with just one click.
Crypto.com
Crypto.com provides investors with over 70 cryptocurrencies, all within one account. To make it even easier for newcomers to the crypto world, Crypto.com has partnered with a debit card company, letting users earn rewards on their future purchases as well as discounted rates for trading fees.
Crypto.com is the first cryptocurrency company in the world to have ISO27001:2013 and PCI:DSS 3.2.1, Level 1 compliance, and independently assessed at Tier 4, the highest level for both NIST Cybersecurity and Privacy Frameworks.
Exodus
Exodus is the best hot wallet option if you’re looking for an easy-to-navigate, intuitive, and functional application. There are many other alternatives that are also worth a mention, but Exodus has several convenient features that make it a favorite among thousands of users worldwide
The software wallet supports 125 cryptocurrencies and has trading features allowing you to buy and sell digital assets on the go. There are also live charts with portfolio tracking functions, 24 hours customer support, and easy integration with Trezor devices.
Brave
Brave is the best mobile browser that also doubles as a VPN. It’s popular with those in the blockchain community and people who want privacy from ads, tracking, etc.
Brave Browser is a new kind of browser that blocks the ads and trackers that slow you down, invade your privacy, and threaten to undermine democracy. Brave also protects your data from third parties so advertisers can’t be following you around the web.
Final Thoughts
The reality is that, in the last few years, many innovative cryptocurrency organizations have been formed. Today there are too many beneficial applications to mention. No matter what type of phone you use-whether Android or Apple-or whether you engage in speculative trading or long-term investing, or if you live in the U.S. or Europe, there is a solution for your needs in this competitive market; combining the power of wallet apps and cryptocurrency exchange helps turn success into the habit when it comes to cryptocurrency trading and secures profitability like no other option available out there does – not even crypto wallets themselves do!
Thus, it is essential to do your research. You should decide if you prefer apps with a great variety of options or those focused on a specific region/solution.
What’s your experience using these apps or platforms? Let us know.