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So you’ve finally decided to get into crypto, and you’re wondering where to start. Check out these top rated cryptocurrency apps for beginners.
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But it’s still overwhelming. Trade here. Invest in it. Buy now, or you’ll miss the shower!
In this guide, review the best beginner-friendly trading apps, wallets, interest accounts and stock trackers to start your crypto journey.
The right app for you depends on your goals. Some have been looking for a platform to use for years, others are looking for the fastest ramp. Some people want special features, variety, bells and whistles. Others want a truly no-frills experience.
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There is no single best cryptocurrency app. But there is the best cryptocurrency app for you, now. Let’s take a look at your options.
Coinbase is at the top of this list for that reason. It is intuitive, and anyone can use it. And they know you’ll have questions when you’re just starting out, so they provide a wealth of resources to help you learn more about the basics of crypto.
They will also pay you to learn about specific coins, with rewards offered for short-term learning in currencies such as Ankr, Compound, and Stellar Lumens.
But Coinbase is not perfect. That ease of use comes with a price, and Coinbase has higher than average fees compared to other popular exchanges. But if you’re still taking your first steps, that extra cost might be worth it.
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Maybe your goal is to become a crypto expert. You want to know everything about trading, who is buying what, what coins are hot, and what the insider chatter is. That’s where eToro comes in.
EToro is a cryptocurrency social trading application that allows you to follow other traders and discuss strategies on their public “wall”.
More importantly, however, you can find experienced traders with a track record of successful trading. As of September 2021, eToro has 24.8 million users and 2.14 million funded accounts.
EToro is best known for a feature called CopyTrading, which allows you to track those traders, rank them by risk and reward, and mimic their trades in your own account.
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This means you can see, in real time, what the pros are doing. Eventually, you may reach a point where you can make those decisions for yourself.
Although they charge relatively high fees compared to other exchanges, if you hope to enter, buy crypto, and exit, Paybis may be right for you.
Paybis is a no-jail-free exchange. That means you will need to have your own cryptocurrency wallet before you buy. They offer 24/7 support to ensure your questions are answered when you have them, and have a high rating on Trustpilot.
Paybis is a completely no-frills exchange, so there are no special features. It is about buying and selling coins.
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You can also choose from a predetermined amount to buy $ 1, 000, $ 5, 000, $ 10,000, or $ 20,000 of Bitcoin in virtually a click.
Crypto.com may not be the most beginner-friendly exchange, but it has a lot to offer. And it’s pretty easy to get the hang of with a little practice.
Tiered receiver-receiver fee structure based on 30-day trading volume from 0.04% to 0.4% with discounts from 10% to 100% for participating CROs
Exchange per coin: Bitcoin: 0.0001 – 0.0005 BTC, Ethereum: 0.0001 – 0.004 ETH, Litecoin: 0.001 – 0.002 LTC
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It’s free to use, and you don’t need a Coinbase account to download and use their wallet on your mobile device, even though it was created by Coinbase. However, you can easily transfer funds from Coinbase Wallet to the exchange.
It supports ERC-20 Tokens, NFTs, and decentralized apps (DApps), and provides the ability to shop at crypto-accepting stores and send and receive crypto when needed.
Coinbase wallet is jail free. That means you have full control over your public and private keys, not Coinbase. You can switch from an existing wallet and your recovery phrase can be backed up via Google Drive or iCloud.
With Trust Wallet, you can exchange between different currencies, earn interest by staking, and buy more crypto directly via credit card, as well as securely store your crypto and stabilitycoins.
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As of February 19, 2022, Nexo Earn Interest is no longer available in the United States. Nexo is in the process of restructuring to product attention 2.0.
Get interested in crypto currencies like Bitcoin, Ethereum, and Ripple, with higher rates offered for stablecoins like USDT, USDC, and DAI, and even earn interest on cash deposits of USD, GBP, and EUR.
Their base rate is not as high as other platforms, but they increase your income by a really high number:
In addition to interest-bearing accounts, they also offer exchanges, crypto-backed loans, and Nexo cards, which allow you to borrow real-time against your crypto credit line at retailers around the world.
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Blockfolio is a popular mobile crypto investment tracker that offers an easy and free way to track your cryptocurrency investments.
Although initially it was just a tracking app, Blockfolio was acquired by the cryptocurrency exchange FTX in 2020, and now appears in the app store under that name. Since then, it has offered crypto trading and interest accounts as well.
They also have a communication and news platform that allows developers and token teams to communicate with investors to keep you updated.
Delta is a crypto tracker with apps for iOS and Android devices. It is completely free and has a simple interface that will not be too difficult for beginners to get used to.
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It is compatible with more than 7,000 cryptocurrencies and stabilitycoins, including the most popular currencies such as Bitcoin and Ethereum, with support for more than 300 exchanges such as Coinbase, Kraken, Gemini, etc. It is also compatible with crypto wallets like Ledger.
If you have accounts on multiple exchanges, Delta can help a lot. It keeps track of important details about your coins, such as
You can also divide your account into multiple portfolios, and create different accounts for different family members. You can also sync multiple devices. On top of crypto tracking, they have added stock tracking capabilities as well.
Whether you want to jump into cryptocurrency trading, or take the first steps on your way to becoming a crypto expert, there are useful apps to help you get started.
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Buy and sell crypto on exchanges, keep it safe in a crypto wallet, and track your investments with a stock tracker.
When you choose, remember that it doesn’t have to be forever. Each app has a lot to offer, and there’s nothing stopping you from signing up for two or three and kicking the tires a bit.
The most important thing is that you start. The crypto world is fast moving, and the best way to learn is by doing.
Jeremy Harshman is a creative assistant at , a crypto comparison and review site. Write to Jeremy Harshman at [email protected] Follow us on Twitter and Facebook for our latest posts.
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Want to invest in crypto? The right platform can help you start trading. This is the best exchange to buy bitcoin and other cryptos. “Expert review” means that our financial review committee has thoroughly evaluated the article to ensure that it is accurate and clear. The review board consists of a panel of financial experts whose aim is to ensure that our content is always objective and balanced.
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