One of the many brick walls cryptocurrency traders run into when trading has to do with the tools they use. Most often, people believe that crypto traders stay cooped up in the house all day staring at the screen. Well, crypto traders get on the move sometimes, and having an app that can help you trade on the go is an excellent aid to traders. In this review, we will be looking at some of the best cryptocurrency trading applications that can help any trader make fast and secure trading decisions on the go.
Cryptocurrency trading can take place on different platforms. Traders can trade on exchange websites, desktop applications, and mobile apps. However, mobile apps are known for offering traders flexibility. As a trader, you can monitor your trades and actively trade while on the go. Here are some great apps to aid you on your trading journey;
Since 2018, Binance has held the title of the biggest exchange in the world. Aside from holding a title, Binance has an easy to use mobile app. The user interface of the app is colorful and easy to navigate. With over 370 trading pairs, users can easily view the value of their crypto holdings in dollars, trade history, and even buy and sell on the platform.
Binance is also available for Windows and macOS, as well as Android. Its relatively low cost of transactions using its native token BNB makes it a particular favorite for traders. Traders can easily place their trades and set up a stop loss. However, traders cannot set take profit on Binance, and this has not stopped the app from getting over 1 million downloads.
Experienced crypto traders usually like to get the feel of multiple crypto exchanges at the same time. This is what Tab Trader offers its users. Tab Trader provides a free trading medium for cryptocurrency exchanges. The company, which was founded in 2015, acts as a terminal for over 20 crypto exchanges. Tab trader is available in about 180 countries and had over 400,000 users.
The platform enables traders to place their trades with its features, which includes placing a stop-loss or take-profit, limit order, market order, and settle position. Users of both Android and iOS can manage all their accounts in various exchanges from Tab Trader. Tab Trader will suit traders who have been in the game for a while and need multiple platforms to place their trades.
For newbies venturing into cryptocurrency for the first time, finding a platform that makes things easy is usually a bonus. KuCoin is a simple to use crypto platform with over 350 listed coins. With a trading fee of 0.1% (which is payable with the exchanges native token KuCoin shares), the app offers easy to use trading features. KuCoin has a web version and is also available for both Android and iOS traders.
Coinbase has carved a name for itself in the cryptosphere. The exchange is ranked amongst the top exchanges in the industry. The Coinbase app is available for both Android and iOS users. For Fiat to crypto traders, Coinbase seems like the ideal platform. Purchasing coins such as Bitcoin, Ethereum, and Litecoin using fiat cash is easy. You can easily place trades as well as send and receive any coins listed on the platform using its app. However, the platform has limited listings of coins.
Blockfolio tracker application
Having an application that helps you keep track of crypto prices and statics in real-time will aid in trading. This is why a cryptocurrency trading application such as Blockfolio tracker has gained much recognition in the crypto community. the app is free for both Android and iOS users and help them keep track and manage their portfolio. With over 500,000 downloads already, users can view prices, charts,and even news of the crypto market right on their app.
As the cryptocurrency market continues to grow, more solutions are created to ease cryptocurrency trading and activities. The cryptocurrency trading applications mentioned above are just a tip of the iceberg when it comes to crypto trading tools. As a cryptocurrency trader, you should know that all apps have their pros, and cons and you must find the one that suits your preferences as a trader.