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Cryptocurrencies are a new and emerging field, making it difficult for traders to know where to start. To be a successful crypto trader, you must have a solid understanding of the markets and the various strategies available.
That's why we've put together a list of essential apps that every trader should have on their phone. Some apps will help you track your portfolio, others will give you real-time market data, and others will provide technical analysis tools. No matter your trading strategy, having these essential apps on your phone can help you make better decisions faster.
10 Important Crypto Apps for Crypto Traders
Crypto traders are always looking for new and innovative tools to help them make more informed decisions when trading cryptocurrencies. Every trader should have a few top crypto apps in their toolkit. Some of the essential apps for crypto traders include:
1. Coinigy
Coinigy is a cryptocurrency trading platform that provides users with real-time market data and advanced trading features. This makes it the perfect tool for crypto traders who want to make informed decisions and improve their trading skills.
Coinigy also offers a variety of other features, including margin trading and arbitrage. If you're serious about becoming a successful crypto trader, ensure you have access to Coinigy.
2. Cryptocurrency Trading Software
A good cryptocurrency trading platform will provide users with various features, including support for multiple exchanges and advanced analytical tools. It's also important to consider whether the platform has a live trading feature, allowing traders to follow the prices of cryptocurrencies in real-time.
Mobile apps can be beneficial when it comes to making better trading decisions. Many apps frequently use a good deal of your phone's memory, which may influence your iPhone's memory and overheating. But you can use the CleanUp app to clean my iPhone storage and eliminate unnecessary files like duplicate contacts and apps. This will help clean up more memory on your device and boost your phone so that you can make more informed choices in your trading strategies.
3. Bitstamp
If you ask, "What's the best crypto app?" Bitstamp is the answer. Bitstamp is a leading digital asset exchange that offers users a wide range of services and features. It provides an easy-to-use platform with responsive support. It boasts reliable security and a user-friendly interface that allows traders to execute transactions quickly and easily.
The exchange also offers several features that make it an excellent choice for seasoned crypto traders. These include margin trading, live streaming of market data, and advanced order types. Overall, Bitstamp is one of the most popular exchanges available and is perfect for those looking to get started in cryptocurrency trading.
4. Coinbase
Coinbase is one of the best apps for trading crypto. The most popular and well-known exchange offers desktop and mobile versions. The app allows users to buy and sell cryptocurrencies and access various other features such as charts, price alerts, and more.
It also provides access to multiple tools and resources for traders, including news, trading signals, and social media accounts for popular coins.
5. Poloniex
Poloniex is one of the world's leading cryptocurrency exchanges and has quickly become one of the most popular platforms for trading cryptocurrencies. It offers a wide variety of features for users, including access to a range of different exchanges, margin trading, and advanced trading tools. It provides a highly user-friendly interface and ample opportunities for traders to improve their skills.
6. Gemini
Gemini is a digital asset exchange. The exchange offers users various trading options, including buying and selling Bitcoin, Ethereum, Litecoin, and other cryptocurrencies. Gemini also offers margin trading, meaning traders can borrow additional funds to increase their potential profits.
One of the unique features of Gemini is its focus on institutional investors. This means that the exchange attracts high-net-worth individuals and financial institutions looking to take advantage of the growing cryptocurrency market.
7. Binance
The most well-known and popular cryptocurrency exchange, Binance, offers a wide range of features, including security, liquidity, and multiple exchange-supported languages. It's speedy - you can usually expect to complete a transaction within minutes - and has a massive range of altcoins available for trading.
It provides users with real-time charts and data that help them make informed decisions about their investments.
8. Bitfinex
Bitfinex is one of the world's leading digital asset trading platforms and has become a go-to destination for crypto traders. It offers various features, including margin trading, withdrawal and deposit services, and live price updates. Bitfinex is one of the few exchanges allowing users to trade Bitcoin and Ethereum.
If you're serious about cryptocurrency trading, you need to use Bitfinex. Plus, its user interface is sleek and easy to use, so you'll be able to get up and trade quickly.
9. Coinmarketcap
Coinmarketcap is one of the most comprehensive resources for tracking the prices and volumes of cryptocurrencies across different exchanges. The site also provides detailed information on each coin's market cap, supply, circulating supply, and more.
10. Hootsuite
Hootsuite is an essential app for cryptocurrency traders. It allows you to manage your social media accounts from one place. This means you can easily see what your followers say about your favourite coins and whether or not they're invested in them.
Hootsuite also has features that make it perfect for day trading cryptocurrencies. It lets you see real-time prices for all the coins you're trading and has an easy-to-use order book feature that makes it easy to buy and sell cryptocurrencies.
Conclusion
Any crypto trader needs to have a variety of essential apps to stay organised and keep track of their portfolios. These apps can include Coinbase, Bitifinex, Bitstamp and many others. These apps allow traders to stay informed about the latest market movements and make informed trading decisions. So whether you're a first-time trader or an experienced pro, have these apps installed on your device!
Author Bio
Alice Gilbert is fascinated with the ever-evolving world of cryptocurrencies for an extended period of time. With her wealth of knowledge and experience, she'd like to share her insights with others who are looking to enter this exciting new frontier. Her passion for cryptocurrencies is not only a hobby but a journey of constant learning and growth.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.