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10 Best Crypto Exchanges Apps for Tycoons 

May 30, 2022
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10 Best Crypto Exchanges Apps for Tycoons 
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What is cryptocurrency? What is blockchain? How does it work? These questions are often asked by new investors who want to get into the crypto space. If you don’t know much about these topics, then you should read our guide on ‘Cryptocurrency’ before investing. It’s a great place to start!

Cryptocurrency has become a hot topic in recent years. Many people are now investing their money into cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Ripple, etc. Cryptocurrencies are becoming increasingly popular among investors and speculators because they offer high returns and low volatility.

Here are 11 apps that will help you manage your crypto portfolio and trade them effectively.

Coinbase

Coinbase is one of the most popular exchanges where users can buy, sell or store Bitcoin (BTC), Ether (ETH), and other coins. The app offers an easy interface with a wide range of payment options including credit cards, bank transfers, and gift cards. You can also use Google Pay and Apple Pay to purchase BTC.

Features:

Easy signup process

Buy/sell/store Bitcoin, Ethereum, Litecoins, and more than 100 other cryptocurrencies

Use multiple payment methods like debit card, credit card, PayPal, bank transfer, gift card

Pros-

Easy to Use

Wide Range of Payment Options

Cons-

No Support For Other Currencies

Mycelium

Mycelium is another popular exchange platform that allows users to buy, sell and hold various cryptocurrencies. The app supports multiple currencies like USD, EUR, GBP, JPY, AUD, CAD, CNY, HKD, SGD, ZAR, and more. Users can easily deposit funds using debit cards, wire transfers, SEPA, Western Union, Skrill, Neteller, PayPal, and many others.

Features:

Buy/Sell Cryptocurrency

Deposit Funds Using Debit Card, Wire Transfer, SEPA, WesternUnion, Skrill, Neteller, PayPal, etc.

Pros-

Multiple Currencies Supported

Easy To Deposit Funds

Cons-

Limited Features

Binance

Binance is one of the largest cryptocurrency exchanges in the world. This decentralized exchange was launched in 2017 and has been growing rapidly ever since. It currently supports over 300 different tokens and boasts a user base of millions worldwide. Binance provides its own token called BNB which acts as a form of currency within the ecosystem.

Features:

Trade Cryptocurrencies

Earn Free Tokens

Send And Recieve Money

Store Your Coins

Pros-

Large User Base

High Volume Of Transactions

Free Token Generation

Cons-

Not Available In All Countries

Kraken

Kraken is a well-known cryptocurrency exchange based out of San Francisco, California. The company was founded in 2011 and has grown to be one of the biggest cryptocurrency exchanges today. Kraken focuses mainly on spot markets, allowing traders to buy and sell bitcoins instantly. They support both fiat currencies and cryptocurrencies.

Features:

Instant Spot Trading

Fiat Currency Support

Bitcoin Cash Support

Ethereum Classic Support

Litecoin Support

Zcash Support

Dash Support

Pros-

Instant Spot Trading

Support For Fiat Currencies

Cons-

Limited Number Of Currencies

ShapeShift

ShapeShift is a multi-crypto wallet and exchange service that lets you convert between different types of coins without having to worry about storing any private keys yourself. When you sign up for an account, you get $10 worth of bitcoin to start off with.

Features:

Convert Between Different Types Of Coins

Receive Payments Via Bank Account

Get Paid With Bitcoin

Create Custom Wallets

Pros-

Simple Interface

Payments Received In Bitcoin

Cons-

Limited Amounts Of Each Coin

Blockonomi

Blockonomi is a free app available for iOS and Android devices. The app helps you monitor all the major cryptocurrencies such as Bitcoin, Ethereum, Ripple, Litecoin, Dash, Monero, Dogecoin, Stellar Lumens, EOS, IOTA, NEM, Qtum, and many more. The app also features price charts, market data and news updates.

Features:

Monitor Major Cryptocurrencies

Price Charts

News Updates

Cons-

Limited Features

Changelly

Changelly is a crypto-to-crypto exchange that allows you to trade directly from one coin to another. You don’t have to wait for the order to fill or pay fees when trading through Changelly.

Features:

Change From One Type Of Coin To Another

No Fees On Exchange

Pros-

Low Transaction Fee

Quick Order Filling Process

Cons-

Limited Currencies

LocalBitcoins

LocalBitcoins is a peer-to-peer platform where users can connect with each other and arrange trades in person. It is similar to Craigslist but instead of posting ads, users post their requirements and then find someone who wants to fulfill those needs.

Features:

Peer-To-Peer Marketplace

Buyers Post Requests

Sellers Reply

Pros-

Easy To Use Platform

P2P Marketplaces

Cons-

Requires A Meeting Place

Bittrex

Bittrex is a popular cryptocurrency exchange that is headquartered in Seattle, Washington. The website supports both fiat currency deposits and withdrawals. Users are able to deposit and withdraw various altcoins including Bitcoin, Ethereum, Zcash, Litecoin, Ripple, and others.

Features:

Deposit And Withdraw Funds Using Fiat Currencies

Support For Various Altcoins

Pros-

Highly Rated Website

Wide Range Of Supported Currencies

Cons-

High Fees

Gemini

Gemini is a regulated US-based cryptocurrency exchange that was launched in 2015. The company provides its customers with access to Bitcoin, Ether, and USDT (Tether). Gemini offers several payment methods including wire transfers, SEPA, and credit card payments.

Features:

Regulated By The NYDFS

Bitcoin, ETH, & USDT Supported

Wire Transfer Payments

SEPA Bank Account Transfers

Pros–

Multiple Payment Methods

Fiat Currency Deposits

Cons-

Limited Number Of Countries

Conclusion

If you want to buy Bitcoins, it is important to choose a reliable and trusted source. We hope this list will help you make a better decision. If you know of any other exchanges that should be on our list, please let us know in the comments section below.

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