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Crypto traders are always looking for apps some good Bitcoin Trading Apps. Bitcoin is very much popular these days. It is a form of digital currency that has no links with banks or the governments. In this era of tech advancements, people have shifted their interests towards cypto market. They buy the cryptocurrency when the market is down and sell it when prices are high, and hence are profited. But the crypto market is very unpredictable. One moment, the rates touch the sky and the next moment the market crashes.
In today’s age, we carry our mobile phones everywhere and hence it is easier to manage our affairs just by tapping on the screen of a pocket sized computer. Like all other matters, Bitcoin trading can also be managed through phones. Bitcoin Trading Apps have been introduced. There are many types of Bitcoin Trading Apps available for Android phones. Some of the best apps to trade in bitcoin will be mentioned in this article.
Features To Look For In A Bitcoin Trading App
Before knowing the best Bitcoin Trading Apps , one should be aware of the features that should be present in Bitcoin trading apps. When choosing a bitcoin trading app, one should look for the following properties:
- The app should have a low transaction fee
- Utmost security for transactions should be provided
- The app should have a good interface that is easy to use
Now that you know the features, let us dive into the main theme of this article and get to know the best Bitcoin Trading Apps for Android.
Best Bitcoin Trading Apps
We are always looking for apps that are easy to use and fast in action. Be it a gaming app or an app for your onine shopping, nobody wants to use an app that lags or is not user friendly. Same is the case with Bitcoin trading apps. We require an app fo our android phones that is faster to use and guaratee security. So, we have hand picked some amazing apps to trade in bitcoin specially for you guys. These are as follows
The first app that we have on our list is our editor’s favorite one. Binance is a free Bitcoin Trading app that can be downloaded from the Google Play Store. Binance managed to top our list as it is one of the biggest cryptocurrency trading platforms. It is a well known platform that is mostly famous for its spectacular design and extremely user friendly interface. Other than Bitcoin, Binance supports more than 200 different cryptocurrencies.
An amazing feature of this bitcoin trading app is that it offers tutorials in case you need some help. Beginners to cryptocurrrency are highly recommended to use this app to trade in Bitcoin. If we talk about transactions then this app outshines others by offering multiple deposits options such as credit or debit card, bank deposit or even crypto deposit.
If we talk about charging fee, this bitcoin trading app does not charge you a penny when you make a deposit to your bank account. A non fixed amount is deducted when you withdraw that entirely depends on the status of the market. Other than that, some amount is charged on Binance when you trade but it is not a fixed amount and depends upon your level on the app.
The first Bitcoin Trading App we have on our list is eToro. This app is free to download. It is cherished by millions of crypto traders all over the world due to its great features, the top of which is having a very low transaction fee. eToro is a trusted platform that ensures secure transactions. eToro does not charge when buying Bitcoin or any other cryptocurrency, neither does it charge you a penny when you transfer funds into your account. eToro will deduct a teeny tiny 0.5% commission whenever you make a deposit that is not in the US dollar format. Other than that, eToro will have its share of commission, that is $5, whenever you withdraw an amount to your bank account. $5 is deducted per withdrawal. This app not only trades in Bitcoin but also in other cryptocurrencies. This app is loved for its easy-to-use interface.
The last Bitcoin trading app that we have for you is Coinbase. Coinbase is one of the most popular app to trade bitcoin. It is free to download from the Google Play Store but it has a premium version available that is a paid one. Like Binance, Coinbase also offers a tutorial for the help of beginners. The user interface of this bitcoin trading app is phenomenal. It is contemporary and easy.
A downgrade of this bitcoin trading app is its very high transaction fee. Coinbase, contrary to Binance and eToro, comes with a high transaction fee. It is a rather confusing step as the pro-version has a low transaction fee that depends on your assets but the free version has a high transaction fee.
Cryptocurrency trading has become the new cool. People now tend to invest more in Bitcoin and related ryptocurrencies rather than the traditional ways on investment. These apps to trade in Bitcoin have proved to be beneficial for a majority of users worldwide. These Bitcoin trading apps managed to make it to our top 3 and we hope you like them as much as we do. We hope that this article proved to be helpful for you. If you have any queries, please let us know in the comment section.