You’ll need to use the best cryptocurrency app exchange if you want to buy or sell cryptocurrencies. These online services are similar to stockbrokers in that they allow you to buy and sell digital currencies such as bitcoin, ethereum, and dogecoin.
With low fees and strong security features, the best cryptocurrency app options make it simple to buy and sell the currencies you want. The best cryptocurrency apps, While the legality of cryptocurrency is still being debated, you can invest in it and make a profit.
Regulators have finally opened the door for businesses to start up, and this has resulted in the development of several best cryptocurrency apps in recent years that allow you to invest in cryptos like Bitcoin, Ethereum, Dogecoin, and others using your smartphone rather than large, heavy machines like laptops.
But first, let’s define best cryptocurrency apps. Before we get into the list of the best online cryptocurrency exchange apps to try (along with their features and fees), let’s define best cryptocurrency app options.
What is the purpose of a Cryptocurrency App?
For those who are unfamiliar, best cryptocurrency apps provide quick access to a variety of cryptos on the market and allow you to trade (buy and sell) them while on the go. You don’t need a laptop to mine cryptos.
These apps, on the other hand, make it easier for you to trade in cryptos and enter the world of decentralised digital currency networks. Anyone can sign up because the process has been simplified, and the mobile app interface is designed for quick learning. You can download best cryptocurrency app for Android and iOS phones from the Google Play Store and Apple App Store, respectively.
Top 5 Best Cryptocurrency Apps
Zebpay is another cryptocurrency exchange app that you may be familiar with. It’s one of the oldest cryptocurrency trading apps available. To begin trading, you can use your mobile number to sign up and complete your KYC. Refer-and-earn is supported by the platform. This is one of the best cryptocurrency app in all crypto exchange apps.
So, if you can persuade others to join Zebpay by selling the idea of crypto trading, you’ll get 50% of the trading fees generated through your links for a year. The minimum deposit amount for UPI is Rs 100, and the minimum deposit amount for other forms of payment is Rs 1,000.
Zebpay charges fees in all price ranges. It has a monthly membership fee of 0.0001 BTC. According to the app, you can avoid fees by actively investing in it. Zebpay charges a 0.15 percent maker’s fee as well as a 0.25 percent taker fee. If you trade (buy and sell) on the same day, however, you will only be charged a 0.10 percent trading fee.
Zebpay allows all cryptos to be deposited for free. However, there is a fee of Rs 15 if you deposit via UPI, and 1.77 percent if you deposit via netbanking. For all withdrawals, the platform charges a fee of Rs 10; for Bitcoins, the fee is 0.0006 BTC.
Download Zebpay on Android || iPhone
Then there’s Unocoin, which is known for its user-friendly interface and support for a variety of cryptocurrencies. When registering for the app, users must create an account and ensure that all KYC (Know Your Customer) requirements are met. The app also has a feature that allows you to schedule sales from the profile tab.
Unocoin users pay a fee of 0.7 percent when buying and selling their assets, which is higher than the fee charged by WazirX. This rate is valid for a minimum of 60 days of usage. Following that, the app charges a 0.5 percent fee and upgrades you to a Gold membership.Unocoin deposits require a minimum of Rs 1,000, which is higher than WazirX’s requirement. This is one of the best cryptocurrency app in all crypto exchange apps.
Users are not charged any fees when depositing money via NEFT, RTGS, IMPS, or UPI. However, using MobiKwik Wallet incurs a 2% transaction fee, and you must also pay a fee prescribed by the banks when using debit or credit cards. Biometric security features such as finger ID and passcode are also available on Unocoin. However, if you enter the wrong code along with your biometric ID, the app will automatically log you out.
Download Unocoin on Android || iPhone
CoinDCX is widely regarded as the most versatile crypto asset trading app in the country. It allows you to buy and sell over 200 different trade coins. Furthermore, the entire setup process has been simplified by the use of a one-time password (OTP) sent to your registered mobile number and email address.
You can learn a lot about investing in cryptocurrencies and how they work in the virtual world by going to the app’s Settings tab. CoinDCX charges a 0.1 percent maker and taker fee, with a fee-free minimum withdrawal limit of Rs. 1,000.To allow you to trade in cryptos, this cryptocurrency exchange app only supports INR.
You can fund your account with NEFT, IMPS, RTGS, UPI, or even a simple bank transfer. CoinDCX has a comprehensive set of security features, which is a good thing. Users must first authenticate themselves using the Google authenticate app. Because without it, you won’t be able to use the app to trade. You’ll also need to create a withdrawal password, which must be confirmed for each withdrawal.
Download CoinDCX on Android || iPhone
During the recent IPL, CoinSwitch Kuber was an ever-present ad feature. This platform has received funding from well-known investors and venture capital firms such as Sequoia Capital and others. It claims to allow you to trade in up to 100 different cryptos and claims to have the best trading rates in the industry.
Create an account for trading on the app using your phone number. However, you will not be able to trade until you have completed the KYC process. To secure your account on the app, you can use a four-digit pin code. According to CoinSwitch Kuber, the first 100,000 users on the platform will not be charged a trading fee for the first 100 days. This is one of the best cryptocurrency app in all crypto exchange apps.
People have flocked to CoinSwitch Kuber because of its simple user interface and aggressive marketing. Deposits in INR can be made via NEFT, bank transfer, or UPI on the best crypto exchange app. However, the platform refuses to divulge information about its security measures for safeguarding crypto assets. The overall service mechanism needs to be improved, and the trading details are lacking.
Download CoinSwitch Kuber on Android || iPhone
You may have recently heard this name mentioned a lot on social media, indicating that it is quite popular. You can invest in this crypto exchange app using INR, USD, BTC, and even P2P. WazirX even has its own coin, WRX, which can be purchased with INR. Then you can invest in other cryptos with WRX.
One of the most popular features of WazirX is the ability to earn coins by participating in various contests found in the app’s information section. Users can protect their accounts by enabling 2FA or an App passcode from their phone’s settings. WazirX charges a 0.2% fee to both the taker and the maker.
You can use NEFT, RTGS, IMPS, and UPI to deposit any amount greater than Rs 100 in the WazirX wallet. The first three have a transaction fee of Rs 5.9, whereas UPI transactions are free of charge. This is one of the best cryptocurrency app in all crypto exchange apps.
Download WazirX on Android || iPhone
The best cryptocurrency app for trading you is determined by your requirements. If you want to trade a variety of digital currencies, you should look for best cryptocurrency app that allows you to do so. However, if you prefer to stick to the major ones, such as Bitcoin, Ethereum, and a few others, many of the apps listed here will suffice. However, keep in mind that cost is an important factor to consider before opening an account.