A Guide to the Top 9 Crypto Apps for Newbies in 2024

A Guide to the Top 9 Crypto Apps for Newbies in 2024. Cryptos have changed the financial world in the little over a decade they’ve been around. When investing, trading, and paying for goods and services, digital coins and tokens provide a safer and faster option.

The sheer amount of cryptocurrency apps available today can make it difficult to choose the best one for certain needs. Relax; we’ve done the legwork for you and compiled a list of the top 2024 cryptocurrency apps, complete with detailed reviews of their features and benefits.

Best Cryptocurrency Apps – Our Top 3 Picks

Looking for a quick answer? Here are our top 3 recommended crypto apps for buying and selling cryptocurrency.

Top 9 Crypto & Bitcoin Apps Reviewed

1. eToro – Overall Best Crypto App

The variety and high quality of eToro’s offerings have earned it the title of best cryptocurrency app. The “Discover” option is a fantastic spot to learn about popular cryptocurrencies and the top daily movers; you can then add any coins that pique your attention to a watchlist, making it an ideal starting point for a crypto portfolio.

This cryptocurrency exchange is perfect for newcomers thanks to its clean design and simple interface. Still, even seasoned pros will find something to like here, thanks to its extensive feature set and analytical tools. More than 60 popular cryptocurrencies can be easily traded on the site.

But the revolutionary CopyTrader feature truly sets eToro apart from other crypto apps. If you’re starting or are looking to increase your capital efficiency, this tool will help you mimic the crypto transactions made by the world’s best traders.

To find the best traders to emulate, you can peruse their profiles and see metrics like risk tolerance and return %. It’s a social investment community where users can meet other crypto traders, share stories, and benefit from everyone’s knowledge.

You may trade cryptocurrencies and thousands of other traditional financial assets, including stocks, commodities, FX, and exchange-traded funds (ETFs) on eToro. Smart Portfolios even allow you to take advantage of diversified thematic investment techniques. Crypto assets solely, no CFDs, are offered on eToro USA LLC.

eToro is a free stock trading platform with simple account opening and no maintenance fees or commissions. There is a minimum deposit requirement of USD 50 (around £40) and a transparent 1% fee for buying and selling cryptocurrency. Click here to read our comprehensive eToro review.

eToro Pros:

• Trade over 60 of the most popular digital currencies
• Multi-asset platform
• Available in over 100 countries
• Wide range of deposit options

eToro Cons:

Not as many cryptocurrencies as some crypto exchanges

2. Binance – Best Crypto App for Altcoin Trading

One of the top crypto apps for trading altcoins, it lists over 600 different cryptocurrencies. When compared to its rivals, Binance stands out for discovering new and obscure cryptocurrencies due to the enormous quantity and variety of coins it offers. It might be your best bet if you’re looking for an app to trade cryptocurrencies and build a diversified portfolio.

Those without technical knowledge can easily use the convert tool to purchase, sell, and transfer digital currencies. Advanced crypto traders, meanwhile, have access to many trading tools, including various technical indicators and fully configurable charts.

Margin trading and other trading instruments like fan tokens, futures trading, and options can also improve profits. You can now purchase and trade NFTs and other crypto assets on the new Binance trading platform.

In the app’s Earn area, you’ll find many ways to convert your cryptocurrency holdings into even more cryptocurrency. Examples are the Launchpad, where users can earn coins just launched, liquidity farming, savings accounts, and staking.

You may easily make a deposit using any of several available methods, and creating an account is free of charge on this cryptocurrency exchange. You can deposit as little as $50 (about £40), and no fees are associated with deposits or certain fiat money withdrawals. Cryptocurrency withdrawal fees vary per coin, but at 0.1% or less, Binance’s trading fees are among the lowest. Browse our comprehensive Binance review at this link.

Binance Pros:

• 600+ coins
• Guides and information resources in Binance Academy
• Debit card available
• NFT marketplace
• Staking services and savings
• Token launch platform
• Advanced tools for trading
• Low transaction fees
• 24/7 chat support

Binance Cons:

It may be a bit technical for absolute beginners

Faces regulatory hurdles in some jurisdictions

3. Coinbase – Best Cryptocurrency App for Beginners

For those just starting in the cryptocurrency world, Coinbase is a great choice because it is both a trustworthy exchange and one of the easiest crypto apps to use. With only a few clicks, you can buy or sell over 150 coins on this cryptocurrency exchange, thanks to its clean and simple design. The Coinbase Pro platform also has advanced indicators and tools for crypto enthusiasts.

Your dashboard makes it easy to see and manage your portfolio. The recurrent buys function also allows users to establish periodic crypto purchases at predetermined intervals, making it easy to follow a dollar-cost averaging technique.

Offers a variety of instructional articles, tutorials, and suggestions to help you learn more about the crypto world. Coinbase runs frequent “learn and earn” campaigns where users can earn cryptocurrency just to learn the ropes.

Coinbase also offers a self-custody wallet, a marketplace for NFTs, crypto-collateralized loans, and a card that lets you spend cryptocurrency and receive cryptocurrency incentives.

It uses robust offline storage to ensure customer funds’ security and adhere to industry standards. In addition, the FDIC insurance and crypto insurance safeguard user cash.

You can purchase or trade cryptocurrency as low as $2 or £2 on Coinbase, although they encourage an initial investment of at least $50 or £50 to authenticate your bank account. To learn more about how easy it is to invest with Coinbase, check out our comprehensive review here.

Coinbase Pros:

• 100+ countries supported
• Low trading fees
• User-friendly for beginners
• Staking services and other features are available
• Earn crypto for nothing through learning campaigns
• Secure offline storage
• High-quality educational resources

Coinbase Cons:

There are not as many digital currencies as some compe

4. Nexo – Best Cryptocurrency App for Extra Features

For those interested in more than simply buying and selling cryptocurrencies, it stands out among programs with its additional possibilities. This program is perfect for you if you wish to learn how to trade cryptocurrencies and generate money.

Nexo users can instantly buy Bitcoin and forty other cryptocurrencies with debit or credit cards. Similar to other crypto trading account apps, they can exchange between over 300 market pairs. Nexo stands apart from other cryptocurrency trading apps for mobile devices because it provides instantaneous cashback of up to 0.5 percent on every trade.

One of the most attractive aspects of Nexo is the option to store cryptocurrencies in savings accounts that pay interest. With more than 30 digital assets, customers can earn rewards in kind or the proprietary NEXO token, pay no fees, collect their prizes daily, and earn up to 18% APR.

With Bitcoin, you can quickly and easily receive loans with 0% APR and instant approval, and with the Nexo Booster, you may triple your holdings without worrying about price reductions.

Nexo requires a minimum deposit of $10 (£8) upon registration. You can get your money out as often as five times a month for free, depending on your loyalty level. It does charge a small spread, which consumers can view before completing the transfer, but switches don’t cost anything.

Nexo Pros:

• Trade, borrow, and earn interest on 38 coins
• Available in 200+ jurisdictions
• Earn up to 18% annual interest is available
• Borrow cash or stablecoins
• 2% cash back on purchases with the Nexo Card
• Military-grade security
• Up to 3x leverage with Nexo Booster

Nexo Cons:

Fewer cryptocurrencies than many competitors

Lack of advanced trading tools

5. bitFlyer – Best Cryptocurrency App for Low Fees

Your best bet if you’re short on capital is to use bitFlyer. Unlike other cryptocurrency exchanges and apps, bitFlyer does not charge users to buy or sell any of the top ten cryptocurrencies.

This cryptocurrency exchange has an intuitive design that even newcomers can use. At the same time, advanced traders may take advantage of bitFlyer’s Lightning Exchange, which offers premium features and capabilities for as little as 0.2% trading fees.

With licenses in Europe, the US, and Japan, this regulated cryptocurrency exchange software is well-protected by cutting-edge encryption technology. Ernst & Young also conducts complete audits of the company.

Thanks to the expedited ID verification process, it takes less than five minutes to sign up using your email address, validate your account, and begin investing.

Starting with as little as €1, bitFlyer makes it easy to buy and trade cryptocurrency in tiny amounts, allowing you to gain confidence as you go. While SEPA deposits to bitFlyer do not cost anything, SEPA withdrawals (up to €250,000) will incur a fixed fee of €0.30. Cryptocurrency withdrawal fees begin at $0. For a comprehensive guide, you may read our bit flyer review.

• No fees for buying and selling crypto
• Easy to use
• Secure and regulated
• €1 minimum trade amount
• ID verification in under 5 minutes
• Advanced trading with bitFlyer Lightning

bitFlyer Cons:

Only 7 cryptocurrencies are available

Trading pairs for fiat currencies EUR and JPY only

6. OKX – Best Crypto App for Exploring Web3

For web3 nomads looking to venture beyond currencies and several cryptocurrency exchanges, OKX is the way to go. With amazing visuals and eye-popping colors, OKX depicts the web3 scene in beautiful technicolor.

For both novices seeking to purchase coins and seasoned traders seeking lucrative returns, the exchange offers a wide range of services, including spot trading, margin trading, bot trading, futures, and block trading, in addition to rapid conversions.

Users interested in increasing their funds can utilize the various chances found under the Earn category. Through its integrations with other apps, OKX provides a one-stop shop for various financial services, including DeFi lending pools, fixed-income deposits, stablecoin staking, and crypto flash sales.

For those who enjoy discovering new things, OKX may be switched from a cryptocurrency exchange to a gateway wallet that provides access to a wide range of resources, including the best NFT collections, blockchain games, DeFi apps, and more.

Making a profile is simple. Simply providing an email address or phone number is sufficient. In addition, A valid form of identification and a proof-of-address document, such as a utility bill, is required to complete the Know Your Customer (KYC) process and unlock your account.

Additional deposit options include the P2P market, bank transfers, and credit cards.

OKX Pros:

•  Several options for growing crypto funds
•  Access to DeFi, NFTs, and games from a single portal
•  Easy signup and verification
•  Deposit support for up to 30 currencies
•  Robust derivative market
•  24/7 customer support

OKX Cons:

 Confusing help articles

 Limited deposit and wsignupwal options

7. Bitpanda – Best Crypto App for Indices

Users looking for a centralized platform to handle their cryptocurrency holdings should go with Bitpanda. Traders and investors in cryptocurrencies and crypto indices now have a convenient tool at their fingertips—an all-inclusive mobile app.

The platform’s savings plan and cryptocurrency indexes are its most well-liked features. In addition, Its indexes function similarly to more conventional ones that follow the whole cryptocurrency market or specific industry trends. The entire market is accessible to novices unsure which coins to purchase.

Its savings plan will dollar-cost-average into any cryptocurrency that it supports automatically. You can set up automatic purchases using a credit card and stop and start them whenever you choose.

Among its many noteworthy features are an integrated cryptocurrency exchange, staking vaults offering interest rates of up to thirteen percent, an Apple Pay-compatible debit card that rewards users with Bitcoin whenever they make a purchase, and a payment interface that facilitates transfers to European banks.

Gives access to precious metals, exchange-traded funds, and equities for more conventional investors. But these aren’t actual assets; they are contracts designed to mimic how asset prices change.

You can create an account by going online or by downloading the app. When you sign up for the site, all you need is an email address; however, to use all of its features, you will eventually be required to authenticate your identity. All that is required are some forms of identification and proof of residence.

Bitpanda is overseen and licensed by many authorities, including the Czech Trade Authority, the Autorité Des Marchés Financiers (AMF) in France, and the Financial Market Authority (FMA) in Austria. Click here to read our Bitpanda review.

Bitpanda Pros:

•  Simple, easy-to-use platform
•  Innovative crypto indices
•  Comprehensive learning materials
•  Pro platform for advanced traders
•  €25 minimum deposit and withdrawal

Bitpanda Cons:

 Limited support for currencies

 The withdrawal method is limited to bank accounts

8. Coinmama – Best App for Payment Flexibility

You should use it if you are looking for a broker that facilitates the purchase and sale of Bitcoin and other cryptocurrencies. In contrast to users of big exchanges, who are sometimes limited by geographical restrictions, this broker offers one of the most extensive deposit/purchase choices for purchasing cryptocurrencies.

Gives ten options for purchasing cryptocurrency from the company. In addition, Some examples of these methods are SEPA transfers, Apple Pay, Google Wallet, SWIFT, and bank cards. Although these approaches are currency-specific, they are location-independent.

In addition, For instance, whereas Google Pay and Apple Pay are USD only, Fedwire is USD only, and SEPA transfers are USD, GBP, AUD, and CAD compatible. Some payment methods only work with specific currencies. Buyers using bank account cards may be subject to conversion fees if their currency is not one of the supported ones (USD, GBP, CAD, or AUD).

There are different fees and minimum deposit limits for different payment options. Using a bank card, for instance, will only be processed for sums above $30 and will incur an additional 5% express fee on top of the standard charges levied by your bank or credit card issuer. For a more detailed guide, you may read our Coinmama review.

Coinmama Pros:

•  Simple, easy-to-use UI
•  Straight-forward sign-up process
•  Works in most countries
•  Flexible payment methods
•  $30 minimum deposit
•  Free deposits for certain deposit methods

Coinmama Cons:

 Not much support for fiasignuprawals

 High fees on certain deposit methods (e.g., 5% for Google Pay)

9. Kucoin – Best Crypto App for Altcoins

As a global crypto exchange, Kucoin supports over 200 countries and 20 languages. It serves 18 million investors and trades over $1 trillion.

In addition, Although Kucoin has remarkable stats, its 700+ coin variety is the greatest among licensed exchanges. If not for its reputation for listing currencies before other big cryptocurrency exchanges, rare coins would end up on unlicensed decentralized exchanges.

Kucoin offers one of the lowest trading costs at 0.1% for every spot market trade. Users using 1000 KCS, the exchange’s native coin, pay 0.09%. In contrast, KCS dealers save 20% on transaction fees.

The futures market has lower trading fees: makers pay 0.02%, and takers pay 0.06%. Your fees drop as your KCS balance rises, like Spot.

Your Kucoin account is easily funded. Credit cards or any of the forty fiat currencies can be used to buy Bitcoin. Select a payment method and click “Fiat” on the deposit screen to deposit fiat. This platform accepts wire transfers, major credit cards, SEPA, and Adv Cash.

In addition to Kucoin’s deposit interface, p2p marketplaces offer several payment options. Deposits have low expenses, mostly determined by payment type.

Enter your username, password, and email or phone number to create an account. After verifying your account, KYC won’t be an issue. For that, you’ll need ID and evidence of residence. Check out our KuCoin review for more.

Kucoin Pros:

•  Over 700 coins available, including exotic tokens
•  Transparent fee structure
•  24/7 customer service
•  Multiple crypto derivatives for core traders
•  Users can buy and sell without verification, albeit in a limited capacity.
•  Robust leverage at a maximum of 100x
•  Easy signup process

Kucoin Cons:

•  Unavailable to US residents
•  Has previously been hacked (2020)