Standard Trading Cryptocurrencies Using the Best Applications

The apps listed below include standard cryptocurrency trading app, general financial apps, and crypto exchanges. We added the app’s price and the number of coins you can exchange to give you an idea of its scope.

If you only want to trade Bitcoin, an app featuring dozens of other cryptocurrencies may not be the best choice. When wanting to trade whatever is trendy at the time, on the other hand, look for an app that offers a greater selection of options.

Robinhood Trading App for Cryptocurrency

Your favourite stock, options and ETF trading app Robinhood has now entered the world of cryptocurrency. It also takes its no-commission model to crypto. However, rather than charging a flat fee, Robinhood adds a spread markup to the price of each currency. With Robinhood’s fast transfer option, you may get started virtually instantly.

Cost: Commission-free, but with a spread markup

Tradeable coins: Seven including BTC, Dogecoin, and Ethereum

Webull App for Trading in Cryptocurrency

Webull isn’t the most popular cryptocurrency trading app, but its features surpass Robinhood’s. Webull, like its well-known competition, offers no-commission stocks, options, ETFs, and cryptocurrency. The same goes for Webull’s crypto trades, which have a spread markup built in. You can also trade more coins than at Robinhood, including Cardano.

Cost: Commission-free, but 1% spread markup (100 basis points)

Tradeable coins: 11 distinct coins, including Bitcoin, Ethereum, and Cardano

eToro Cryptocurrency Trading App

eToro is a cryptocurrency-only broker (at least for US traders, though others can trade stocks). Aside from Tezos, Uniswap, and Polygon, eToro offers 32 coins. The cryptocurrency trading app charges a spread markup that varies from 0.75 percent for Bitcoin to a whopping 5% for others.

Cost: The spread is 0.75-5% but there is no commission

Tradeable coins: 32 cryptos including Bitcoin, Dogecoin, Ethereum, and others