Cryptocurrency is here to stay. The launch of Bitcoin more than a decade ago and its success has encouraged many individuals to trade crypto and even design new ones.

The use of digital financial mediums offers many advantages thus its popularity never wanes in this age. It offers convenience, too; even if you're not in front of your computer, you can still trade your choice crypto by using specific phone apps.

In this article, we are going to discuss the best phone apps for trading cryptocurrency plus important facts all beginner crypto traders must know.

Factors to Consider When Looking for Mobile Cryptocurrency Apps

You have your choice digital financial medium and now it's time to get a mobile app for trading and analyzing the market. Here are some of the factors you need to remember:

1. Check the security offered

Cryptocurrency transactions are usually a challenge to trace. This is attributed to blockchain's decentralized system. It is virtually difficult to cancel a transaction, get refunds or tell which user owns the wallet.

Because there's no way to indicate who's responsible for such shady dealings, cryptocurrency has turned into the ideal market for criminals. Check the safety features of the company first before purchasing the app. See if it provides excellent backend encryption and 2-factor authentication so your assets remain safe.

2. Check if it provides real-time data

Cryptocurrency markets are very unstable since it's constantly on the move. Keeping track of the market all the time can be a burden especially if you have other things and activities to do.

Thus, it's wise that you spend your money on apps that offer real-time information. This feature guarantees that you will be kept updated with what's happening in the market any time of the day.

3. Availability

This is important for investors who want to purchase and sell crypto. If you want to get into exchanges, make sure that the application is on hand in your place. There are countries and states which have limitations on specific cryptos which can be sold or purchase while some have outright banned exchanges that were not regulated.

5 Recommended Phone Apps for Quick Cryptocurrency Trading

Trading digital financial mediums can be accomplished using a variety of platforms. These days, you can do such procedures using websites and desktop/mobile apps.

Phone apps are especially convenient since they allow traders to track markets on their phone anywhere, anytime. Users can also check their trade history and do cryptocurrency comparison using phone applications.

Keeping track of the market is also crucial for every investor since digital assets are unstable and this facilitates traders to come up with quick decisions in order to take advantage of possible gains.

Here are some of the best mobile apps for cryptocurrency trading that every investor, beginner or advanced, should know about.

Binance

Binance is the most popular phone app for cryptocurrency exchanges. It offers reasonable trading charges and a token called Binance coin.

Binance users can access the service through desktop or mobile means. It is compatible with both iOS and Android. The application also comes with an interface that is easy to use and navigate.

The app allows users to purchase, sell and check out their open orders, crypto holdings and trading history. Users can also utilize the app's limit order, stop-limit and market order functions for easier trading.

However, if you are looking for professional trading services using the app, better go to its official webpage instead.

TabTrader

TabTrader allows users to handle crypto exchanges through the use of API keys. This translates to convenient linking up to those exchanges and simple trading operations using the app's interface.

Users can also choose to only study the costs of digital financial mediums that interest them. The app is known to support popular crypto exchanges plus trading pairs that are on hand for these deals. This can be done though if you have an account on those exchanges-using the app, one can trade crypto all at once regardless of time and location.

The use of API keys also means there's no need to be concerned about your crypto assets and fiat's security. This is due to the fact that the app only allows users to trade and analyze the charts.

KuCoin

This is a cryptocurrency application designed to cater to beginners. Users can trade via a fee of 0.1 percent that can be remunerated through KuCoin Shares, which is the app's personal token. It is compatible with both iOS and Android operating systems, too.

Users can purchase, deposit and withdraw their currencies plus access their wallets using this app. It is easy to navigate and comes with a simple interface.

Blockfolio

This is a free app which is popular with serious investors who want to deal with their assets in a convenient and secure platform.

The app lets users keep track of their wallet's value. It also connects them to exchange accounts that allows them to view value changes without worrying about security. It can support more than 800 cryptocurrencies on hundreds of exchanges as well.

Coinigy

Coinigy is a digital financial medium trading and wallet management app which offers comprehensive charts and real-time data. Users can trade in more than 40 exchanges with just a single account.

It is not free like the Blockfolio or TabTrader but it offers a free 30-day trial period. It is available in the Apple App Store and Google Play Store.

Cryptocurrency and blockchain has changed the world-it encouraged people to see currency in a brand new, more exciting and more adventurous light.

Mobile phones are the best devices for avid cryptocurrency investors since they are able to check out the markets any time they please. The applications listed above are some of the most used and coveted among enthusiasts.

If you are after a phone app for your cryptocurrency exchanges, always go for the one that meets your needs. Do not be outdated today, and begin your foray into the world of crypto trading.