Top 10 Best Crypto Apps for Beginners

May 23, 2024

Crypto World

Ana Rojas

Cryptocurrency assets and the enormous range of related goods and services have expanded quickly in recent years and are becoming more and more connected to the regulated financial system as well as to our daily lives. Many now consider cryptocurrencies to be actual investments rather than merely speculative bets. As of 2023, there are 420 million global crypto users, and the crypto field shows no signs of slowing down. You could benefit from major gains if you know what you are doing, and that is where a reliable crypto app can help, giving you the information and tools you need to be successful. The importance of a secure cryptocurrency app can’t be overestimated when it comes to finances. Read more about the best crypto apps in the new StealthEX article.

Criteria for the Best Crypto Apps

The features of one of the best cryptocurrency apps include, but are not limited to:

• User-friendliness: Easy navigation and intuitive design are essential for a positive user experience.
• Security: Features like two-factor authentication and cold storage will let users have a peace of mind when it comes to their financial security.
• Fees: Transaction fees, withdrawal fees and commissions should all be accounted for to provide the app’s users with an opportunity to make informed decisions.
• Supported cryptocurrencies: A large number of coins/tokens supported will let the crypto app’s users have maximum flexibility.
• Customer support: Availability and responsiveness of the customer support team are crucial because they are the first to be contacted in case things go wrong.

Types of Crypto Apps

The crypto industry is vast and includes a number of options for a variety of use cases.

Crypto Exchange

Cryptocurrency exchanges are where traders can buy, sell, and convert different cryptocurrencies and non-fungible tokens (NFTs). They are necessary for digital assets to be traded at the scale they are today. Some exchanges offer the most competitive prices or speeds, whereas others provide specialized financial products, including crypto apps.

Educational Resources for Beginners

A number of crypto apps provide educational resources to help beginners learn about cryptocurrency and blockchain technology. These resources include articles, videos, and tutorials that cover various topics, including how to use the platform, how to invest in cryptocurrency, and how to store cryptocurrencies safely.

News and Updates Section

For those who would like to stay informed about the news of the crypto industry, crypto apps may have a separate section dedicated to the latest developments in crypto.

Price Alerts and Notifications

Price alerts and notifications that can be set manually will let users stay updated about the state of the crypto market, which can be crucial as cryptocurrencies are highly volatile.

Integration with Hardware Wallets

Hardware wallets are a key component of the blockchain ecosystem. They provide security and utility when interacting with blockchains and give you an extra layer of protection against cyber-attacks, phishing sites, and malware. It’s best to download an app that supports one or various types of hardware wallets for maximum flexibility.

Top 10 Best Crypto Apps

Here is a comprehensive list of the best crypto apps for beginners that will come in handy if you’re just entering the world of crypto.

StealthEX Crypto Exchange App

StealthEX is an instant non-custodial crypto exchange that allows users to swap and buy cryptocurrencies instantly without KYC, sign-up or registration. It has been operating since 2018. At the moment, StealthEX’s vast crypto collection includes over 1500+ popular and rare coins and tokens, and the list grows with every month. The platform processes private, wallet-to-wallet transactions and features non-custodial security.

The service offers its customers a wide range of crypto assets that is regularly updated for you to buy cryptocurrency instantly with debit/credit cards or exchange one crypto for another. Competitive rates are available, all collected from a variety of renown providers. StealthEX has partnered with Binance, Huobi, KuCoin, and HitBTC to find the ultimate best rate for its customers and lets its partners take advantage of the splendid Affiliate Program.

In addition, the StealthEX app offers cross-chain swaps between absolutely different blockchains without the need to go through numerous steps that most exchanges require. It’s one of the best features of the platform as it makes any swap effortless and trouble-free.

Pros:

• Floating or fixed rate swaps.
• Use USD, EUR, GBP, TL, KES, ZAR, GHS, TZS, MXN, VND, and BRL to buy crypto.
• No KYC for swaps below €700 or the equivalent of this amount in other currencies.

Cons: 

• Too convenient to use, so it’ll be impossible to switch to another crypto exchange.

Coinbase Mobile App

You’ve probably heard of Coinbase, one of the biggest and most well-known exchanges in the United States if you’re familiar with cryptocurrencies. The platform has done a great job of making it simple for new investors to get started, and a straightforward onboarding procedure that aids users in becoming accustomed to trading has contributed to this success.

Coinbase app is a popular and one of the best crypto apps available today, chosen by more than 89 million people. It makes it easy to get started with access to hundreds of different crypto that you can choose from. There are also several options for the cryptocurrency you hold in your digital wallet, like decentralized finance and NFTs.

You have the option of adding a Coinbase Visa debit card that allows you to receive up to 4% back on purchases when you use the card. There are tons of resources available online that spell out the details of investing in cryptocurrency, while also educating users on how to buy and sell. 

Pros:

• 100+ types of cryptocurrencies.
• Funds are insured. 
• Excellent mobile app.

Cons:

• Pricey fees.
• Restricted altcoins.

Binance App

Binance app comes from the world’s largest cryptocurrency exchange Binance and it is one of the most popular and top-rated cryptocurrency apps today that supports over 100 cryptocurrencies. There are unique features created specifically to offer the utmost convenience to newcomers. The small things will be taken care of by Binance, so you can put your portfolio on auto-pilot. When you create a custom timetable in the program, it will invest for you using dollar-cost averaging.

It is simple to maintain your wallet so you may purchase any cryptocurrency you want if you need to check your balance. While welcoming newcomers, Binance app also offers many advantages to more seasoned traders. Real-time order books, graphing tools, and trade history are all features of the proprietary interface. It is a particularly excellent option for the most experienced investor because of its minimal fees. 

Pros:

• Low fees.
• Works for passive income.
• Plenty of educational resources.

Cons:

• Not available in all states.
• More limited than Binance.

Coinim Crypto Screener & Alert

Coinim Mobile application is a lesser-known crypto app by Coinim.io, but it’s simple to install and features a user-friendly interface and design. Easily navigated, it offers a comprehensive overview of the crypto space. Coinim users can connect to their accounts on cryptocurrency exchanges and monitor their portfolio status in real-time. The app is reliable and offers a great user experience, a claim backed up by its high rating on the Google Play Store and App Store.

Users can set up alerts for instant notifications depending on the alert criteria, which is a useful tool for people who wish to keep track of significant market movements and make wise investment choices. Coinim also allows for the tracking of investments made in many fiat currencies, including the USD, EUR, GBP, and JPY. One of the most noticeable features of Coinim app is its ability to track a wide range of coins from multiple cryptocurrency exchanges. This enables users to easily track their investments and recreate their portfolios inside the app.

Pros:

• MACD technical indicator alert and RSI technical indicator alert setup.
• Trading trends and risk level analysis.
• Screen and scan 900+ crypto pairs.

Cons: 

• The application is not free, it costs $1.99.

Crypto.com App

Founded in 2016, today Crypto.com is used by more than 50 million people located all around the world, including in locations such as Singapore, Brazil, Australia, and even Turkey. Within the app, available are more than 250 types of cryptocurrency and over 20 fiat currencies. You simply fund your account via your credit or debit card, or you can opt for a bank transfer. Either way, there is no lock-up period.

Where it really gets lucrative is with the Crypto.com Visa Card. With this metal card, you can receive up to 8% back when you use your card, as well as rewards of up to 14.5% on the crypto assets you hold and 10% for stablecoins. This is in addition to the $750 million in insurance coverage that is included. Depending on your needs, the Visa card is available with a CRO stake of anywhere from $0 to $400,000.  

Pros:

• Visa card available.
• Multiple options for crypto.
• Reasonable fees.

Cons:

• Fees are on the higher side.
• Not all services are available in the US.

eToro App

More than 25 million users use eToro, making it one of the more well-known trading apps. Along with 22 additional cryptocurrencies, the company boasts 1,788 equities and 221 EFTs, in addition to popular cryptocurrencies like Bitcoin and Ethereum. Here, you can save the customary commissions because there are none, and if you’d rather, you can buy fractional shares. The variety of tools that the eToro app provides is what makes it genuinely exceptional. One such example is CopyTrader, which enables you to emulate the trading approach of eToro’s Popular Investors by receiving their technique for trading coins and return percentages according to your personal risk tolerance.

You also have the option of premade portfolios that are approved by eToro’s own investment committee. To get started, you simply create a CopyPortfolio and join the vast online network available for financial help and advice. You will always stay plugged in with both web-based and mobile push notifications.

Pros:

• Compatible with 30+ cryptocurrencies.
• Social trading feature.
• Minimal opening requirement.

Cons:

• Limited state availability.
• Restrictions for margin trading.

Cointelegraph Markets Pro

Cointelegraph Markets Pro is a simple and easy-to-use dashboard powered by the same technology and data used by the leading institutional investors. It’s a powerful crypto research tool that helps traders and investors identify news stories and trading trends that can move markets. Cointelegraph Markets Pro offers a wealth of data powered by artificial intelligence (AI) to help you make smarter trade decisions. As an account holder, you receive critical market news leveraging the same AI technology Cointelegraph’s journalists use to surface the latest news.

Pros:

• Instant alerts get sent via mobile app and Discord community.
• Members know about potential market rallies before they happen.

Cons:

• Could use some improvement in its ratings, with 6 ratings and an average rating of 1.7 stars.

The SimpleSwap Mobile App

One of the popular platforms for buying and selling crypto is the SimpleSwap app. The SimpleSwap platform was established in April 2018, and in May 2020, they released a crypto app that offers exchanges of more than 600 cryptocurrencies, including Bitcoin, Litecoin, Ethereum, etc.

There are two exchange types available – floating and fixed rate. It has a plethora of features that make crypto swaps easy. Additionally, SimpleSwap provides its clients and partners with a loyalty program in the form of SimpleSwap Coin and an affiliate program.

Pros

• No need to sign up for cryptocurrency exchanges.
• Cashback benefits on every exchange.
• 10 user languages are available.

Cons:

• Not available in some countries, but accessible from many.

Interactive Brokers IBKR Mobile App

Interactive Brokers attracts active traders with low per-share pricing, an advanced trading platform, a large selection of tradable securities, including foreign stocks, and low margin rates. As the name implies, IBKR Pro app is geared toward advanced traders.

Interactive Brokers provides a great deal of information on its website, but finding and interpreting the information you want isn’t always easy. For IBKR Pro customers, the various commission and fee structures can make it hard to quickly identify what your costs will be. IBKR Lite and IBKR Pro customers get access to Client Portal trading platform and powerful Trader Workstation platform at no charge. 

Pros:

• Large investment selection. 
• Over 18,000 no-transaction-fee mutual funds.
• Not only crypto swaps, but strong research and tools are available.

Cons:

• Difficult navigation on the website.

CoinMarketCap: Crypto Tracker App

Coinmarketcap is a popular crypto portfolio analyzer tool that creates multiple portfolios. It is one of the best crypto-tracking apps that offers features for risk analysis and advanced charting options, and you will also get the option to add notes.

The CoinMarketCap app is one of the best crypto portfolio tracking apps that help your data to remain safe and secure. It keeps track of your profits, losses, and portfolio valuation. The mobile app is available for both Android and iOS, while the coins supported include Bitcoin, Ethereum, Tether, Cardano, and XRP. The tracker also helps you compare their price, volumes, and market caps.

Pros:

• You can track your current portfolio balance and profit/loss.
• Your data remains safe and secure.
• This portfolio tracker app provides extra data for each coin.

Cons:

• Mobile apps are not as robust as their web interface.

Safety Tips for Using Crypto Apps

Whenever you are using a crypto app, it’s best to stick to a number of tips that will help you get the ultimate crypto experience without experiencing any problems. The first rule in internet security is to have good passwords. Good passwords are lengthy, complex, and hard-to-guess. The longer, the better. Moreover, successfully managing your crypto is connected to properly storing your seed phrase, which is also commonly referred to as a recovery phrase. 

Another major consideration is to enable two-factor authentication anywhere and everywhere you can, especially for email and anything financial-related. Never share your private keys.

In addition, regularly stay up to date with the app to be able to take advantage of the latest security updates, avoid using public Wi-Fi when accessing your crypto app, and be wary of phishing attempts. All these precautions will help you stay sharp and keep your fund safe.

Conclusion

The single most crucial factor in cybersecurity and protecting your cryptocurrency is to constantly be vigilant and careful. Hackers are constantly improving their skills, especially in the crypto industry. Cryptocurrency owners must use safe purchasing and storage methods, as well as be security-conscious and follow all-around solid security procedures, and choosing the right cryptocurrency app may be the first – and most crucial step – in building a successful and rich crypto portfolio. With a variety of apps to choose from, including one of the most prominent ones, like StealthEX, make sure to research the crypto field to find an app that would best fit your own needs, whether it may be trading or storing your crypto.

Make sure to follow us on Medium, Twitter, Telegram, YouTube, and Publish0x to stay updated about the latest news on StealthEX.io and the rest of the crypto world.

This article is not supposed to provide financial advice. Digital assets are risky. Be sure to do your own research and consult your financial advisor before investing.