If you are someone who trades cryptocurrency or blockchain products on the go, then you need a reliable cryptocurrency wallet app that works all the time without any hassle.
In this article, we will talk about 5 cryptocurrency apps that are the leading players in that sector, and from this, you can choose which one works for you the best.
5 Best Cryptocurrency Apps
I have listed down the 5 best ones in the industry. They are not listed based on which is superior or inferior. They all have their pros and cons, so you can choose which one works for you and go ahead with that.
1. Binance
Binance is not just an app but the largest cryptocurrency exchange in the world when it comes to daily trading volume in cryptocurrencies. The company was founded in 2017 and the company is registered in the Cayman Islands.
With Binance, you can buy, trade, and hold 600+ cryptocurrencies in a single app. In addition to that, you can also
Even though the company has come under scrutiny for a couple of controversies related to money in the last couple of years, Binance still stands steady as a strong player in the cryptocurrency sector.
In addition to all of that, they have two different cryptocurrencies of their own. They are Binance Coin (launched in June 2017) and Binance Smart Coin (founded in September 2020). Also, BSC supports smart contracts and Ethereum virtual machines.
2. Coinbase
Coinbase is another cryptocurrency exchange that operates based in the United States. Even though it’s based in the US, they have no office space and are entirely remote-operated company. When it comes to trading volume, it’s the largest in the United States while Binance holds that position in the entire globe.
This company was founded in 2012 by Fred Ehrsam and Brian Armstrong. Coinbase offers products for institutional and retail investors. They have so many products and these are some of them.
- Coinbase app -> trading cryptocurrency
- Coinbase Pro -> asset trading platform
- Coinbase Wallet -> access crypto apps using dapp browser
- Coinbase NFT -> buy/sell NFT products.
- Coinbase Prime -> trading platform for institutional users.
- Coinbase Card -> Visa card to spend cryptocurrency
- Coinbase Commerce -> payment service
- Coinbase Earn -> learning platform that rewards for watching videos and learning.
Coinbase has apps for both iOS and Android. In addition to that, Coinbase is available in 32 countries and wallet is available in 190 countries.
Coinbase holds about $90 billion of $782 billion total worth of cryptocurrency assets on its platform. As part of the SEC filing, coinbase has 43 million verified users and also 7000 institutions, and 115,000 partners from 100 countries.
3. Maiar
Maiar apps are running on the Elrond network. If you are not aware of Elrond, it’s a popular blockchain platform that hosts decentralized apps.
The Maiar app can be used to login into the Maiar cryptocurrency exchange either by ID or Face ID authentication system. Maiar has features like
- Seamless onboarding
- Multiple coins
- Progressive Security
- Hero Tags
- Social Payments
Maiar was launched in 2022 and has more than 500,000 users. All you need to create a wallet is a valid phone number and you can get started in trading cryptocurrencies.
It’s extremely easy to actually send a receive money directly from the Maiar app with anyone free of cost. The Elrond network however has a tiny transaction charge of $0.001 which is negligible compared to the amount that is in question.
4. eToro
eToro is a traditional trading and investment company that ventured into the cryptocurrency market. It has been around for a long time and the company is valued at around $8.8 billion. eToro is based in Israel and it has offices in the UK, US, Australia, and other parts of the world.
eToro started adding cryptocurrencies to its investment platform back in 2014. It has significantly grown in the last 8 years and as of March 2022, eToro has about 27 million users from all around the world. The wallet was introduced in 2018 for both Android and iOS.
As of 2021, the company is reported to be working in 140 countries all across the world.
5. Crypto.com
Crypto.com is another popular cryptocurrency exchange which is based in Singapore. It has more than 50 million customers and is primarily focused on the eastern part of the world. With 4000 employees placed across the world, crypto.com has secured some serious spots for marketing in the western part of the world.
They have their own cryptocurrency called the Cronos. The company was initially founded by Bobby Bao, Gary Or, Kris Marszalek, and Rafael Melo in 2016.
Crypto.com has been on the bad end of a hack in the last year losing about 15 million worth of Ether. There was an extreme panic but the company managed to salvage the damage by issuing a statement regarding the state of the attack.
