The 13 Best Cryptocurrency Apps in 2024 (Expert Verified) | CoinLedger (2024)

Our panel of experts compiled this list after reviewing dozens of the most popular apps for crypto investors on the market. Our list includes the best cryptocurrency exchanges as well as other essential tools for cryptocurrency investors!

Quick Look: Best Cryptocurrency Apps

We also included a few bonus applications that can help you in your crypto journey!

Coinbase

Why We Picked It: Coinbase is an ideal choice for beginners in the crypto space. The platform offers a streamlined interface to buy, sell, and manage a cryptocurrency portfolio as well as beginner-friendly features like Coinbase Learn — which allows you to earn crypto in exchange for completing educational modules!

Pros

• Easy-to-use platform, perfect for those new to cryptocurrency.
• Wide selection of cryptocurrencies
• Strong security measures, including 2FA and insurance in case of a security breach.

Cons

• Higher fees compared to some other platforms.
• Limited advanced trading features for experienced investors such as margin and derivative trading.
• Slow customer support

Robinhood

Why We Picked It: Robinhood is a popular investing app that gives users access to stocks and cryptocurrency! Robinhood is a mobile-friendly option for customers looking to have their entire investment portfolio in one user-friendly app.

Fees: No fees on crypto trading (variable spreads)

Cryptocurrencies: 15

Pros

• Access to stocks and cryptocurrency!
• Commission-free cryptocurrency trading
• Mobile-friendly interface — making it a great choice for beginner investors!
• No minimum account balance required.

Cons

• Limited selection of cryptocurrencies — with just 15 cryptocurrencies available.
• Because Robinhood is not a crypto-first platform, it lacks features like staking and derivative trading.

Kraken

Why We Picked It: Kraken is known for its strong emphasis on security, making it a top choice for investors who prioritize the safety of their digital assets.

Fees: 0 - 0.26%

Cryptocurrencies: 180+

Pros

• Robust security features, including cold storage and strict surveillance.
• Low fees on Kraken Pro — ranging from 0-0.26%!
• Advanced features for experienced investors like margin and derivative trading!

Cons

• Can be overwhelming for beginners due to its complex interface.
• Slower customer service response times.

Gemini

Why We Picked It: Gemini, founded in 2014 by Tyler and Cameron Winklevoss, is reknowned for its strong emphasis on security and compliance, making it a top choice for users who prioritize the safety of their digital assets. Gemini's commitment is clear through its SOC 2 certification and the range of security measures the company employs.

Pros

• Robust Security Measures: Gemini's hot wallet is insured, and uses state-of-the-art security measures to keep your crypto safe.
• Regulatory Compliance: Gemini's focus on regulatory compliance and proper licensing makes it a great choice for investors who are looking for safety and security.‍
• User-Friendly Interface: Gemini’s website and mobile app offer an easy trading experience for traders of all levels!

Cons

• Limited Cryptocurrency Selection: Gemini offers just above 70 cryptocurrencies — fewer than some of its competitors.
• Higher Trading Fees: The platform's trading fees can be relatively high. Web orders above $200 are subject to fees of 1.49%.

Crypto.com

Why We Picked It: Crypto.com is a comprehensive platform offering a wide range of services including a wallet, exchange, and crypto credit card. The exchange is known for offering generous credit card rewards to users who hold CRO — Crypto.com’s native cryptocurrency.

Fees: 0 - 0.75%

Cryptocurrencies: 350+

Pros

• Wide range of services including an exchange, wallet, and crypto credit card.
• Competitive fees and discounts for using its native token, CRO.
• Large selection of cryptocurrencies and trading pairs.

Cons

• Some users find the app interface cluttered.
• Slow customer support
• Most generous rewards are only available for users who hold a large amount of CRO.

eToro

Why We Picked It: eToro is a platform that offers accesstp crypto and stocks. eToro allows users to automatically copy the trades of successful traders on the platform. This feature makes the platform appealing for those who are new to trading or those looking to leverage the expertise of more experienced traders.

Fees: 1%

Cryptocurrencies: 100+ (20+ in the US)

Pros

• Social Trading: eToro's standout feature allows users to mimic the trading strategies of successful investors, making it ideal for beginners.
• Diverse Investment options: eToro supports stocks and more than 100 cryptocurrencies.
• User-Friendly Interface: Both the web-based platform and mobile app are easy to use, making eToro a great choice for traders of all experience levels.

Cons

• Trading Fees: eToro has a flat 1% fee for buying and selling cryptocurrencies — higher than some of the other exchanges on this list.
• Limited Advanced Trading Options: eToro may not be a good choice for investors looking for advanced trading tools and order types.
• Geographical Restrictions: eToro is not available in New York, Nevada, and Hawaii.

CashApp

Why We Picked It: Cash App is one of the most popular payment and financial services apps in the United States. In addition to its other features, Cash App makes it easy to buy, sell, and transfer BTC in just minutes!

Fees: 0.75 - 3%

Cryptocurrencies: Bitcoin only

Pros

• User-Friendly Interface: Cash App is very user-friendly — especially for beginners!
• Versatile Features: Beyond Bitcoin, Cash App offers a range of financial services, including peer-to-peer money transfers, direct deposits, and a debit card.
• Quick Bitcoin Transactions: Buying, selling, sending, and receiving Bitcoin on Cash App is incredibly simple and fast!

Cons

• Fees: Cash App charges fees for BTC transactions. These fees vary depending on the value of your transaction but can be as high as 3%
• Limited Cryptocurrency Options: Currently, Cash App only supports Bitcoin, limiting users who wish to explore other cryptocurrencies.

OpenSea

Why We Picked It: OpenSea is one of the most popular NFT marketplaces in the world! OpenSea is a great choice for investors interested in buying, selling, and creating NFTs.

Pros

• User-friendly: OpenSea’s user-friendly interface makes it easy to buy, sell, and search for NFTs!
• Support for different wallets: OpenSea supports 10 different wallets — including MetaMask and Coinbase Wallet!
• Crypto and credit card support: OpenSea allows users to buy NFTs with cryptocurrency and credit cards.

Cons

• Fees: OpenSea charges a 2.5% fee on most NFT purchases. Lower fees may be available on OpenSea Pro.
• Scam listings: OpenSea has faced criticism for having scam and duplicate NFTs on its marketplace!

CoinMarketCap

CoinMarketCap is a great choice for traders looking for a crypto price tracker. The platform shows essential information on thousands of cryptocurrencies — including live prices, market capitalizations, and price charts!

Pros

• Live price tracking: CoinMarketCap has live price tracking for thousands of cryptocurrencies!
• Create your own watchlist: CoinMarketCap gives users the option to create a watchlist based on the cryptocurrencies they are interested in!
• Educational materials: CoinMarketCap offers educational materials for users new to crypto — including a glossary of crypto terms!

Cons

• Glitches: Some users have complained about glitches on the CoinMarketCap user interface.

MetaMask

MetaMask is one of the world’s most popular software wallets. MetaMask is a great option for users who value decentralization and want to self-custody their cryptocurrency instead of storing it with a centralized exchange.

Pros

• User friendly: MetaMask has a user-friendly interface that is easy to navigate — even for new investors!
• Open source: MetaMask is fully open source — which means that its code is reviewed and audited by developers around the world!
• Functionality: MetaMask allows users to trade crypto through its Uniswap integration and connect to decentralized applications — including DeFi protocols and cryptocurrency games!

Cons

• EVM only: Currently, MetaMask only supports Ethereum and other EVM compatible chains.

Coinbase Wallet

Why we picked it: Coinbase Wallet is a software wallet created by the Coinbase exchange. The wallet supports multiple blockchains — including cryptocurrencies like Bitcoin, Ethereum, and Solana!

Pros

• User friendly: Coinbase Wallet has been praised for its slick, user-friendly interface.
• Multiple blockchain support: Coinbase Wallet supports multiple blockchains — like Solana, Avalanche, and Ethereum!
• Device support: Coinbase Wallet is available on mobile, desktop, and as a browser extension!

Cons

• Closed Source: Coinbase Wallet is closed source — which means its code is not available to be reviewed and audited by the public!

TradingView

Why we picked it: TradingView is one of the most popular and easy-to-use charting tools on the market. Crypto charting tools are a great way to understand market sentiment, predict trends, and make profitable trades!

Pros

• User friendly: TradingView is easy to use and includes features for beginner and experienced traders alike!
• Stocks and crypto: TradingView supports price information for both stocks and cryptocurrency — making it a great choice for any trader!
• Free to start: TradingView allows you to get started creating your own charts for cryptocurrency and stocks for free!

Cons

• Paid subscription for advanced features: Advanced features are available on TradingView Pro — a paid subscription that costs $14.95 a month.

CoinLedger

Why we picked it: CoinLedger is the #1 tool on the market to help investors track their portfolios and generate complete crypto tax forms! CoinLedger can connect to your wallets and exchanges, and give you a comprehensive view of your gains, losses, and income.

Pros

• User friendly: CoinLedger is the most user-friendly platform on the market. You can generate a tax report in less than 30 minutes!
• Free to get started: You can create a CoinLedger account and get started tracking your portfolio for free!
• DeFi, NFT, and exchange support: CoinLedger supports hundreds of DeFi protocols, exchanges, and NFT marketplaces!
• Customer support: If you need help, CoinLedger’s customer support team is available on email and chat!
• Tax-Loss Harvesting: CoinLedger’s Tax-Loss Harvesting report can help you find the biggest tax-saving opportunities in your portfolio!

Cons

• Cannot pay in crypto: CoinLedger does not offer the option to pay for tax reports in cryptocurrency.

What is a cryptocurrency exchange?

A cryptocurrency exchange is a digital marketplace where traders can buy, sell, and exchange various cryptocurrencies. Similar to traditional stock exchanges, these platforms make it easy for users to trade digital currencies like Bitcoin, Ethereum, and many others.

Getting started with an exchange account typically takes a few minutes. Once your identity is verified, you’ll be able to get started investing in your cryptocurrencies of choice!

How do I choose a cryptocurrency exchange?

Choosing the right cryptocurrency exchange is a big decision for a new investor. Here are a few key factors to consider:

• Security Measures: Look for exchanges that prioritize security, offering features like two-factor authentication, cold storage, and insurance against potential breaches.
• Fee Structure: Understand the fee model of the exchange. High fees can take a large portion of your profits if you’re trading cryptocurrencies frequently!
• Supported Cryptocurrencies and Pairs: Make sure the exchange supports the cryptocurrencies you're interested in!
• User Experience: A user-friendly interface is crucial, especially for beginners. Look for platforms that offer ease of use without compromising on advanced trading features.
• Reputation: It’s important to choose an exchange with a stellar reputation. Before you get started, take a look at testimonials and reviews from other users.
• Regulatory Compliance: Ensure the exchange complies with local regulations, which can offer an additional layer of security and legitimacy.

How do I keep myself safe when using crypto apps?

Unfortunately, the cryptocurrency ecosystem is riddled with scams and bad actors. Here are a few tips to keep yourself safe:

Look for platforms with strong reputations: Before you get started with a cryptocurrency application, be sure that it has a strong reputation. Beware of applications that offer rewards and features that seem ‘too good to be true’.

Use strong passwords: Use a strong password for all of your cryptocurrency accounts. Avoid passwords that can be easily guessed or that you use for other sites.

Use two-factor authentication: Whenever possible, enable two-factor authentication on your accounts. This can prevent a hacker from being able to gain access to your crypto.

Write down your private keys and store them safely: Remember, your ‘private keys’ and your ‘seed phrase’ can be used to access your wallet. Write these down, store them in a safe place, and do not share them with others for any reason.

‍Watch out for suspicious links: Do not click on suspicious links. In the past, hackers have used phishing to steal crypto-assets from unsuspecting investors.

What other apps and tools are useful for crypto investors?

Remember, cryptocurrency exchanges aren’t the only useful applications for crypto enthusiasts! Let’s walk through a few tools that will help you become a more successful investor:

Crypto wallets: In the past, investors who’ve held their cryptocurrency on exchanges have lost access to their holdings due to hacks and exchange bankruptcies. One option to protect yourself is to self-custody your crypto with a secure cryptocurrency wallet.

Crypto portfolio trackers: If you are using multiple exchanges and wallets, you should consider getting started with a crypto portfolio tracker. By connecting your cryptocurrency accounts, you can get a complete view of your cryptocurrency portfolio!

Crypto charting tools: Planning to trade cryptocurrencies regularly? Crypto charting tools can help you use technical analysis to predict how the price of a crypto-asset may change in the near future!

Crypto tax tools: Every time you sell or dispose of cryptocurrency, you’ll incur a capital gain or loss that must be reported to tax agencies like the IRS. Crypto tax software can help you keep track of your tax bill across multiple wallets and exchanges.

What is the best cryptocurrency app?

Coinbase is widely considered to be the best cryptocurrency application for investors. While the platform may not be suitable for experienced investors due to higher fees and a lack of advanced features, it’s a great choice for beginner investors!

What is the lowest fee cryptocurrency app?

Kraken offers some of the lowest fees for crypto investors in the US and around the world! Currently, fees on the free Kraken Pro platform range from 0% - 0.26%.

What’s the best app to buy Bitcoin with a credit card?

While many exchanges offer the ability to purchase Bitcoin and other cryptocurrencies with a credit card, these purchases are subject to extra fees. Gemini is one of the cheapest exchanges to buy BTC with a credit card with fees of 3.49%.

It’s important to note that most credit card providers do not support crypto purchases.

What’s the best app to buy crypto with no verification?

There are some exchanges that allow cryptocurrency with no KYC. At this time, most decentralized exchanges like Uniswap do not have verification processes for users.

It’s likely that many exchanges will be adding verification procedures in the near future. Due to the Build Back Better Act, all cryptocurrency exchanges operating in the United States — centralized and decentralized — will soon be required to issue 1099 forms to the IRS and verify customer identity.