With the rise in popularity of cryptocurrencies like Bitcoin and Ethereum, more investors are looking to invest in digital assets. However, the crypto market can be complex for beginners. This is where cryptocurrency investing apps come in handy. These apps provide easy access to buy, sell and manage a portfolio of cryptocurrencies. In this article, we will explore some of the top coin investing apps available in 2023 that make crypto investing simple for new investors.
Coinbase – The most beginner friendly crypto investing app
Coinbase is one of the most popular cryptocurrency apps, with over 73 million verified users. It is a fully regulated and licensed platform, which provides a secure environment for first-time crypto investors. Some key features include: easy account setup, ability to invest in popular coins like Bitcoin, Ethereum etc. instantly via debit card or bank transfer, intuitive mobile app and 24/7 customer support. The simple user interface, educational resources and robust security make Coinbase ideal for those just starting with cryptocurrency investing.
Binance – Offers the widest selection of altcoins
For investors looking to diversify beyond Bitcoin, Binance provides access to over 500 cryptocurrencies. With the largest crypto exchange volume, Binance offers low trading fees and 24/7 customer service. The Binance app allows users to trade crypto on the go and manage their portfolio. Some key features include: ability to buy crypto with credit/debit cards, P2P trading, savings accounts with good APY, lending services and access to Binance Smart Chain (BSC) for trading new DeFi coins. The wide coin selection and earning options make Binance a top choice for seasoned crypto investors.
BlockFi – Get crypto interest and loans
BlockFi stands out by providing financial services in crypto. Users can earn interest on their crypto holdings up to 8% APY or take out crypto collateralized loans. The BlockFi app provides an easy way to deposit crypto assets and grow them passively. By lending crypto, BlockFi generates yield that is distributed to its clients. Other features include trading with low fees, Bitcoin rewards credit card and robust client services. For investors looking to earn yield or borrow against their crypto holdings, BlockFi is an ideal one-stop shop.
Crypto.com – All-in-one DeFi platform
Crypto.com offers an entire suite of DeFi products and services in one mobile app. Users can buy, sell and store over 250 coins at true cost with bank transfer or credit card. Along with attractive staking rewards up to 14%, it offers crypto credit cards, decentralized exchange, NFT marketplace, crypto loans and more. The generous rewards programs, CRO cashback and reimbursements for Netflix/Spotify make this a compelling platform for DeFi users. Crypto.com also has ISO 27001 certification and full insurance coverage for digital assets.
The top cryptocurrency investing apps like Coinbase, Binance, BlockFi and Crypto.com provide secure and easy access to the crypto markets for both new and experienced investors. With their user-friendly interfaces, educational resources and variety of coins/features, these platforms enable users to simply buy, sell, invest and earn crypto assets from a mobile device.