We live in a world where new crypto applications appear daily, so choosing the best crypto app for your investment needs could be daunting.
Fortunately, you’ve come to the right place, as we are taking a deeper dive into the best crypto apps for 2023. By the end of this article, you’ll know what a crypto app and its role, what are the best trading apps and exchanges and, of course, we’ll also include the best crypto apps for beginners.
We’ll discuss the best crypto trading apps, crypto exchanges, and other advanced trading tools that can significantly impact your overall trading strategies.
Regardless of your crypto investment strategy, whether HODLing tight, loading up, or stacking sats, you need an excellent crypto app that easily helps you achieve your financial goals.
What Are the Best Cryptocurrency Apps, and What Is Their Role?
As we live in the digital age, the ever-growing importance of cryptocurrency apps and crypto exchanges can be attributed to several factors that have reshaped the crypto world and how people manage their finances and engage with the digital economy.
As such, many mobile apps, crypto applications, and cryptocurrency exchanges appear on the market, but only a few manage to reach their audience and help them achieve their long-dreamed financial investments.
Furthermore, determining the best crypto apps for 2023 is a complex task, as it may vary from the crypto enthusiasts to other more seasoned crypto investors based on their crypto needs and preferences.
Yet, some key factors could directly impact the overall experience, but to name a few, the most important ones, we have:
1. Accessibility and Convenience
These features should be considered a must-have for any crypto trading app or crypto exchange, especially in 2023, when accessibility in the crypto world is a must-have, especially when everyone expects a fast response and easy access to their financial resources.
2. Security and Ownership
Besides ensuring its primary function, whether it is a crypto trading app, a crypto exchange, or a crypto wallet app, all of these cryptocurrency apps must abide by security and ownership.
As a result, each cryptocurrency app must protect its users and their digital assets, giving them the required control over their currencies while reducing the risks associated with centralized financial systems and fiat currencies.
3. Innovation and Decentralization
Since the best crypto apps are at the forefront of tech innovation, integrating different features to deliver a comprehensive crypto ecosystem, such as smart contracts, DeFi protocols, and others, will further enhance crypto mass adoption while fostering a more decentralized and user-centric financial ecosystem.
Besides these three key aspects, the most popular crypto apps should also manage to comprehend educational resources to sustain and upskill their investors, borderless transaction fees allowing users to sell crypto or receive without the need for a third party as seen in the traditional banking system.
Additionally, as this ever-growing ecosystem expands, new crypto projects, blockchain platforms, and digital assets are created regularly, and the best crypto apps become the gateway for financial inclusion, bridging the gap between the banked and unbanked populations globally.
As we learned more about the role the best crypto app should provide and what key features should reach to sustain the crypto landscape, it’s time to move further and take a deeper dive into the cryptocurrency apps and trading platforms, analyzing its advanced trading features, trading fees, trading volume, and others.
Also, we will be looking into the best decentralized and centralized exchanges so that you can determine what is best for your strategy and crypto portfolio.
So, let’s get started!
The Best App to Buy Crypto | Best Crypto Trading App
Crypto trading apps are mobile apps or desktop-based applications that allow users to buy and sell crypto, providing a seamless way to engage within the crypto market to test the waters, achieve their financial goals, and diversify their portfolio.
1. Crypto.com
Founded in 2016, Crypto.com is a decentralized exchange platform that became popular due to its low trading fees and user-friendly interface.
As it supports multiple cryptocurrencies and offers extensive services, such as crypto staking, NFTs, and lending and borrowing options, this crypto app has become a popular hub for cryptocurrency enthusiasts, regardless of their experience.
Moreover, this ecosystem includes many services and crypto apps, such as the Crypto.com App, Crypto.com Exchange, Crypto.com DeFi swap and Wallet, Crypto.com Pay, Crypto Earn, Crypto Credit, and others, while the working with regulatory institutions worldwide and strives to provide a convenient way for users to perform crypto trading, deposits, and many more.
Additionally, investors have access to over 200 top cryptocurrencies at actual cost, with the possibility of earning high interest on their crypto assets, managing their Crypto.com Visa Card, and making crypto payments quickly, among other beneficial features.
Supported Apps and Networks
Crypto.com App:
- BTC, ETH, CRO, USDC, DAI, USDT, WBTC, MATIC, LTC, BCH, DOT, KSM, ADA, XRP, DOGE, SHIB, APE, AAVE, BAL, COMP, CRV, ENJ, KNC, LINK, LRC, MKR, SNX, UNI, YFI, ALGO, THETA, FIL.
Cronos:
- CRO, ETH, USDC, USDT.
Crypto.org Chain:
- CRO.
Bitcoin Blockchain:
- BTC.
Ethereum:
- ETH, USDC, USDT.
Crypto.com Features:
- Buy and Sell;
- Cryptocurrency Earn;
- Crypto.com Pay;
- Pay for Business;
- Margin Trading;
- Derivatives Trading;
- Supercharger;
- Trading Arena.
Crypto.com Fees
This crypto app does not charge fees when converting the currencies in the Crypto.com Wallet. However, for debit or credit card transactions, Crypto.com charges 2.99%. Furthermore, investors can pay lower fees by trading more frequently with a volume-based trading fee structure or staking CRO.
Spot & Margin Trading Fees
Crypto.com has a ranging maker fee from 0% to 0.075% and a taker fee between 0.05% to 0.075%.
Derivatives Trading Fees
The maker fee is between 0% and 0.017%, and the taker fee is between 0.026% and 0.034%.
Crypto.com Security Features
This crypto app adheres to the industry’s best practices for security, such as Multi-Factor Authentication (MFA), withdrawal protection, and 24/7 live customer support.
2. Binance
We continue with another excellent crypto app that spotlighted itself as one of the best crypto exchange apps for trading altcoins. This centralized exchange platform offers peer-to-peer support and advanced charting for its investors. It is one of the largest crypto trading apps globally, with an estimated trading volume of $9.3 billion.
Founded in 2017, Binance has shown great potential over the years, achieving many security certificates, such as ISO/ISO_27001:2013 and CCSS. Additionally, it fosters an SMS two-factor confirmation framework and Google Authenticator for withdrawal checks and security changes.
This cryptocurrency exchange medium has been on an ascending trend, implementing some of the most well-known features beneficial for its users, like creating their blockchain, Binance Chain, and offering DeFi and NFT functionalities.
Binance Products:
- Cryptocurrency Exchange;
- Binance Academy;
- Leveraged Tokens;
- Binance Live;
- Binance Charity;
- Binance Labs;
- Launchpad;
- Auto-Invest;
- ETH Staking;
- Defi Staking;
- Research;
- NFT;
- Pay;
- Gift Card;
- BABT;
- Tax.
Binance Supported Currencies
Data from CoinGeko suggests that there are 362 coins and 1311 trading pairs available on the centralized exchange, whereby Binance’s 24-hour volume is at $6,872,155,499.59, having the most active trading pair is BTC/FDUSD with a 24-hour volume of $1,380,254,888.71.
To name a few cryptocurrencies, we have:
- BNB;
- Bitcoin;
- Ethereum;
- Solana;
- Ripple;
- Gala;
- ChainLink;
- Walton;
- Litecoin;
- Tron;
- Cardano;
- And other 300+ cryptocurrencies. However, around 150 currencies are available in the U.S.
Binance Fees
Binance is recognized for having the lowest processing fees and employs a maker and taker fee, which are fluctuations based on the trading volume and the BNB balance.
For example, for the spot and margin fees, Binance offers:
Other fees:
- Debit cards: 4.5%;
- ACH transfer: Free;
- Wire transfer: $15 for U.S. customers;
- Crypto conversion: N/A;
- Trading fees: 0.00% to 0.1%;
- Buy/Sell: 0.50%.
Binance Security Features
- Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols;
- Multi-factor authentication (MFA);
- Real-time monitoring;
- Dark web surveillance;
- Two-factor authentication (2FA);
- Anti-phishing code;
- Binance Verify;
- Withdrawal whitelist;
- Alerts and notifications.
3. Coinbase
Launched in 2012, Coinbase is among the first and one of the most well-known cryptocurrency exchanges established. It is the second largest crypto exchange on the market that offers access to more than 250 digital currencies.
This centralized exchange platform offers all the necessary products and services to start your crypto investment immediately.
Thanks to its user-friendly interface, Coinbase’s user base is growing daily. It offers many ways for its investors to explore cryptos and Web3, learn more about this ever-changing landscape, and, nonetheless, crypto services for individuals and businesses, such as cryptocurrency trading, crypto holdings, and others. Please note that Coinbase does not directly offer futures trading to its customers.
Suppose you are a beginner looking for the best cryptocurrency trading apps. In that case, sign up with Coinbase and check their offerings and, nonetheless, enjoy some of the best crypto products and services a company can offer.
As for the more experienced investors, Coinbase could be your platform for all your crypto trades, as it supports you with advanced trading tools.
From Coinbase Wallet, borrowing and lending for individuals, up to international exchanges, ventures, and cloud staking for business, the Coinbase ecosystem could be the way to support investors’ financial freedom.
Also, online courses allow users to earn different free crypto, as the company uses this model to bring financial awareness through crypto rewards.
Coinbase Supported Currencies
Coinbase Wallet supports Ethereum, Polygon, Bitcoin, Dogecoin, Litecoin, Stellar Lumens, Ripple, and Solana networks, and Ethereum Layer-2 networks, like Arbitrum, Avalanche C-Chain, BNB Chain, Fantom Opera, Optimism, Polygon, and Gnosis.
As such, you can start crypto trading for the following:
- Bitcoin;
- Ethereum;
- Ethereum 2;
- Tether;
- BNB;
- XRP;
- USDC;
- Solana;
- Cardano;
- Dogecoin;
- TRON;
- Others.
Coinbase Fees:
Coinbase seems to be famous among crypto enthusiasts and investors for its high fees, yet let’s take a deeper dive into the topic.
Transaction Fee
Coinbase charges a 1% transaction fee on all crypto transactions.
Staking Fees
Through Coinbase Prime, users can stake their digital assets, such as Ethereum, Avalanche, Ethereum Liquid Staking, Cardano, Polkadot, etc. However, it is essential to understand that the staking fees vary based on the crypto of choosing and the membership status and can go from 15% to 35%.
Trading Fees
If you wish to buy and sell cryptos, it is essential to remember that Coinbase has a maker-taker fee model, and the costs may range, as seen in the following:
Other fees might include a 2% flat fee for every transaction you complete with a credit card, a 2.49% conversion fee for Coinbase Wallet currency conversions, and a speed fee of approximately 0.5%, depending on other contributing factors.
Coinbase Security Features:
- 2-Step Verification;
- Password management;
- Enhanced account protection;
- Lock my account option;
- Coinbase vault.
The Best Crypto Wallet Apps
If you’re looking for the most popular crypto wallet app, then you’re in the right place, as we are continuing with some of the best crypto wallet applications that have shown great potential in the past year.
A cryptocurrency wallet is a digital tool that allows investors to store, send, and receive cryptocurrencies securely, and unlike traditional wallets, the crypto ones do not store any currencies within the crypto wallet. Instead, they keep the public and private keys to access and manage a user’s cryptocurrency holdings on the blockchain.
So, what are some of the best crypto wallets in the spotlight in 2023? Let’s find out together!
4. MetaMask
As it emerged on the market in 2016, MetaMask is a self-custodial wallet with an easy-to-use mobile app available on iOS and Android that stores ETH, ERC-20, ERC-721, or ERC-1155 tokens.
Aside from the fact that it is considered to have a user-friendly interface, this cryptocurrency wallet offers the benefits of joining the DeFi landscape with a great deal of security.
What is striking about this mobile app is the fact that it supports over 400,000 coins to invest, trade, play games, own unique digital items such as NFT collectibles, and much more.
As a result, for many users, MetaMask is one of the most used and popular crypto apps that thrives, offering the option of sending and receiving tokens anonymously.
As a hot wallet type, MetaMask offers the safest wallet, which can be linked to the hardware wallet.
MetaMask Fees
MetaMaks is somewhat known for its high gas fees, and some speculate that it’s due to the Ethereum congestion. Yet, they don’t charge additional fees other than the service fee of 0.875%, which is automatically taken upon requesting a transfer.
MetaMaks Features
Over the years, MetaMask has become one of the most used wallets in the crypto landscape, with a built-in swapping mechanism to exchange ERC – 20 tokens across the DeFi ecosystem without accessing the decentralized exchanges.
Furthermore, MetaMask could explore supporting one of the most well-known currencies, Bitcoin, and live chat support, especially when its user base is more than 21 million monthly active users.
5. Crypto.com DeFi Wallet
Another crypto app, Crypto.com, hits the spotlight, thus indirectly showcasing the plus value that it brings to its investors.
Whether you operate the mobile app or the desktop version, the Crypto.com Wallet could be a great addition to your investment strategy. This non-custodial wallet could offer you access to a full suite of DeFi services in one place.
Earn rebates for over 25 tokens, including CRO, VVS, TONIC, and others, browse for some of the most popular DApps, deposit your NFTs, swap store and sell over 1000 tokens across multiple chains, including Ethereum, Cronos, and more.
Additionally, using the Crypto.com ETH Gas Meter gives you real-time access to gas fees and transaction speeds, so you benefit from more control.
Regarding security, this cryptocurrency wallet presents two-factor authentication and open-source software, yet it doesn’t offer multi-signature support.
Crypto.com DeFi Wallet Fees
It’s important to know that DeFi Wallet has its fee, apart from the other crypto apps included in the Crypto.com ecosystem. As such, this cryptocurrency wallet charges a 0.05% service fee on whatever you earn using the DeFi offerings.
6. Trust Wallet
If you are searching for the most well-known crypto app wallet, look no further, as we are discussing some of the most important ones, including Trust Wallet. As such, read further if you want to discover more about Trust Wallet’s offerings and how a cryptocurrency wallet became one of the most popular ones on the market in 2023.
Launched in 2017, Trust Wallet is considered to be the most popular crypto mobile app for a non-custodial hot wallet, designed to offer a user-friendly interface to send, receive, and store more than 4.5 million crypto assets, whereby its users have full control over their private keys.
Since its inception, Trust Wallet has shown great potential and, over the years, managed to grow its customer base by implementing some great features. The most notable are the decentralized applications, the compatibility of hardware wallets, a decentralized exchange via its collaboration with Kyber Network, whereby and Android users can directly buy ETH from the wallet through Coinbase, Shapeshift, or Changelly.
Trust Wallet – Supported Currencies
This cryptocurrency app now supports more than Ethereum ERC20 and ERC223 tokens, as happened in the past. Enjoy Bitcoin (BTC), Ripple (XRP), Binance Coin (BNB), Stellar (XLM), Zcash (ZEC), Dogecoin (DOGE), Bitcoin Cash (BCH), Dash (DASH), Litecoin (LTC), and others.
Additionally, Trust Wallet offers the possibility of buying your favorite crypto with fiat currency using your card, and you can easily exchange-traded funds.
Trust Wallet Fees
Trust Wallet is a free crypto application that anyone can download, regardless of your trading strategies, and it’s available for both Google Play and Apple’s App Store.
The transaction fees are categorized into cheap, regular, and fast. On top of that, it adds up the gas fee, which is paid to miners and validators, not to Trust Wallet.
The Best Crypto App for Beginners
As discussed, the most popular crypto app should be easy to use, offer a great deal of educational information, and further sustain the crypto ecosystem through innovation and decentralization, bridging the way between users with access to a bank account and those who were left on the other side of the fence.
In the last part of this article, we discuss the most popular crypto apps for beginners, as they need a more user-friendly interface and approach towards the vast crypto ecosystem. So, let’s begin!
7. Crypto.com
Trusted by more than 80 million users globally and being a leader in regulatory compliance and security certification, as they advise themselves, Crypto.com positioned itself as one of the most appropriate crypto exchanges designed to support all of its new investors.
As such, this platform offers many ways a beginner could jumpstart his crypto trading strategy, such as Trending University Stories, Research and Analysis, a deeper dive into NFTs, and other guides to help those in need.
Additionally, Crypto.com offers extensive crypto services, from trading cryptocurrency to futures trading, margin trading, crypto exchanges, and others, to help you learn more about the crypto landscape, leverage trading, and diversify your crypto collection.
8. MetaMask
Yet again, another crypto app that hits our list two times, and only because there is potential within the MetaMask ecosystem. Used for easy access to a reliable and secure cryptocurrency wallet, the sneaky fox swapped crypto users’ expectations for integrating such dependable features that are helping new starters.
From the seamless UX design to the learning side that addresses the most common subjects within the crypto trading space, all the way up to having good customer support that further enhances customers’ trust and loyalty, MetaMask could be the way to go for experimenting with crypto.
Additionally, advanced crypto traders could benefit from such a comprehensive platform, enjoy the real-time data to buy and sell crypto, stake their digital currencies, and benefit from the MetaMask wallet to leverage trading and increase its potential earnings.
9. CoinStats
This crypto app benefits crypto beginners due to its extensive services, such as cryptocurrency portfolio tracker, crypto swapping, cryptocurrency market caps, and others, for users to oversee their performance on numerous decentralized and centralized exchanges.
On top of this, CoinStats could be the solution for making informed investment decisions by providing the newest market insights and allowing its users to monitor their digital assets. Moreover, CoinStats pairs its beneficial features with high-security measures and responsive customer support, thus being a compelling choice for newcomers and more advanced crypto traders.
This crypto application focuses on Ethereum-based tokens and ERC-20 tokens, and as a result, it supports the use of more than 8,000 currencies. To name a few, we have Ethereum, Bitcoin, USD Coin, Binance Coin, and many others.
At this point, it’s essential to notice that CoinStats supports over 300 crypto exchanges and wallets, thus offering a flexible and versatile crypto app.
Security is the second most crucial aspect upon which CoinStats focuses. Since its launch in 2017, CoinStats has managed to grow its user base to 1.2 million users and not be subject to any fraudulent activity, maintaining a secure medium for its users.
10. CoinMarketCap
Once you get past the busy homepage and dive deeper into this cryptocurrency app, you will be surprised to discover many excellent crypto services and a comprehensive learning academy that can beneficially influence your cryptocurrency trading strategies.
Choose from checking the latest crypto news, learn from the academy, and get acquainted with the most recent crypto research. Whether on the go, the YouTube video channel could be your virtual companion.
As for the offerings of this platform, you can experiment with spot, DEX, and derivate exchanges, along with checking the performance of hundreds of currencies and analyzing their historical data to decide for yourself what strategy could serve you best.
Final Thoughts
So, now that we’ve reached the end of this comprehensive guide on the best crypto applications on the market, it is essential to take notice of this vast ecosystem and choose to work with only the best apps that directly serve your crypto needs and help you maximize your earnings.
Whether you want to learn more before jumping into the water or want to analyze from a technical point of view to see the evolution of crypto, we’ve got you covered!
Regardless of your trading experience, analyzing the market performance, along with the market sentiment and what insights you could pull off, may help you way better than relying on others’ experience.
As always, investing what you are willing to lose is essential, even though some crypto applications are working on a learn-and-earn mechanism.
