Best Cryptocurrency Trading Apps For Mobile Smartphones

More and more cryptocurrencies are popping up in large quantities, and more and more trading platforms are hoping on the bandwagon to get people to use their platforms in order to trade the likes of bitcoin, ethereum and ripple etc.

These cryptocurrencies are much like forex and commodities, whereby you can use various techniques in order to track price movement by using the likes of fundamental and technical analysis.

Why Trade Cryptocurrency on Mobile?

In order to capture as much of a price movement as possible and be on the right side of a market, it’s incredibly important to keep up to date with the latest information detailing market analysis and movements for a particular asset, and in this case it is cryptocurrencies. It is also crucial to buy and sell on a reputable exchange, as well as having a wallet to store your crypto-coins in.

What Are the Best Mobile Cryptocurrency Trading Apps?

1. Coinbase

Coinbase is probably the most notable bitcoin exchanges on the planet at the moment as it claims to have over 7 million active users. The one thing that separates Coinbase from all the other exchanges out there is its simplicity. It is so easy to use and so user-friendly and contains simple steps to deposit funds and exchange them for bitcoins or ethereum or whatever your preferred cryptocurrency is.

Coinbase also has a smartphone app, which when it was being developed I think the main aspect they wanted everyone to remember was simplicity. Much like its web counterpart, the mobile version is again very user-friendly and easy to use. I like the fact that there is a huge security presence, because you have to provide an image of either a passport or driver’s license just to make sure that it is you.

2. Blockfolio

Blockfolio is up there with Coinbase as being one of the most popular bitcoin exchanges, but also being one of the most powerful in the sense that has been created for those who want to trade more than just the major cryptocurrencies.

Because of their decision to make it available for the most diverse of traders, they’ve included the ability to track the price movement of over 800 different cryptocurrencies. You can compare it with the likes of a Forex trading platform where you have access to thousands of different currencies and you are able to record the highs and lows of the day.

This platform has been built to include complex and powerful analytical data, that allow the user to track changes in price on the fly. Not only that but it has the capabilities to extract the latest fundamental news from different news sources.

A key factor that makes Blockfolio one of the most popular is its ability to send notifications to users if a cryptocurrency has reached a certain price level that a user has outlined. This goes back to being on top of the latest price movements and being in the know.

3. zTrader

zTrader is on a par with Blockfolio in the sense that it is tailored to a highly diversified investor. All cryptocurrency trading apps work in the same way in that they present the data in an easy way to read and interpret, but its the added features that divide the good from the bad. zTrader features a news feed that is totally customizable, as well as advanced analytical tools to better understand the cryptocurrency data.

Much like Blockfolio, zTrader also features a push notification system, so when a certain cryptocurrency reaches a certain level that has been outline by the user, it will alert their phone