Just like there are stockbrokers or exchanges to invest or trade in stocks, there are various cryptocurrency exchanges as well that provide their services to you in the form of either mobile applications or websites. You are provided with a range of tools to facilitate your investment and trading experience, from researching to cashing out on your crypto coin through various types of fund transfers that these platforms support. It doesn’t matter whether you’re a beginner in the arena or are already a professional crypto trader, you will surely find a crypto exchange that is tailored according to your preferences. Here is a list of the 7 best sites and apps that we suggest for you to trade cryptocurrency on.
The one securing the numero uno position in our list of the 7 best websites and apps to trade cryptocurrency on is Coinbase. It is considered the most beginner-friendly crypto trading app, supporting a wide range of different cryptocurrency types along with providing high-level security. Professional traders also have the option to switch to Coinbase Pro, which is its advanced trading platform. Speaking of its downsides, Coinbase charges a significant percentage as a trading commission and lacks high-quality customer service.
Next up is WazirX, considered one of the most popular Bitcoin trading apps in India. It supports a wide range of cryptocurrencies and even has its own coin called WRX. You can use INR to buy WRX and then use WRX to further invest in other cryptocurrencies. It has one of the best referral programs in India and offers different payment options. On its downside, it also has a high trading fee and has high charges on INR deposits.
The third in our list of the 7 best cryptocurrency trading sites and apps is CoinDCX, which is said to provide over 200+ coins for trading and has the highest liquidity in India. The Spot and Margin trading fee on CoinDCX depends on your trading volume, which can be classified into different tiers. Traders and investors are provided with a limitless order book, video tutorials for learning about crypto investment as well as a well-appreciated referral programme.
If we are talking about the best crypto exchanges, then Binance surely cannot be left out of the discussion. One of the biggest crypto trading platforms in the entire world, it offers a large number of low-cost markets for active traders. One may find tight spreads across hundreds of crypto pairs, with a comparatively lower trading commission. The Binance app is free to download and is available for both iOS and Android devices.
Fifth comes Crypto.com, which is also considered one of the best mobile crypto exchange apps. It provides an extensive asset trading and investing ecosystem, supporting over 250 cryptocurrencies and a range of products. However, Crypto.com charges a relatively high fee and can also improve its customer support.
The SOC type 2 compliant Gemini is considered to be one of the most secure crypto exchanges, having robust security protocols. With over 75+ currencies to trade, it is a highly liquid exchange. It has hot wallet insurance to ensure the safety of user funds in case of a security breach. However, its trading fee percentages also fall a bit on the high side. Hence, if you are someone for whom the security of your assets is a very critical factor, then Gemini is the platform for you.
The final item on our list of the 7 best sites and apps to trade cryptocurrency on is this one. Webull is considered an ideal platform for those who are risk-averse in nature. It allows you to start a Webull account without needing to meet a minimum deposit and offers all its markets on a spread-only basis. Hence if you want to put in only a small amount of stakes, you are good to go with Webull in your pocket.
So those were our top picks for the 7 best sites and apps to trade cryptocurrency on. In case we missed out on your favourites, do let us know in the comments section below.
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