10 Most Popular Altcoin Trading Apps For Android Users
Over the past few decades, many cryptocurrencies have been introduced into the crypto space. Every crypto other than Bitcoin, the first crypto is called altcoins because they are considered alternatives to bitcoin. As its popularity continues to grow, altcoin trading apps are available and compatible with almost all devices. Due to the many options available, choosing the right app can be a tricky task. To make this task easier and make an informed decision, here are the ten most popular and effective altcoins supported by Android devices.
Currently, there are 23 million eToro app users, making it one of the most widely used and popular altcoin trading apps in the United States. Its popularity is due to the low platform fees and you are not asked to pay any transaction fees or commission. eToro, instead of charging a transaction fee, charges a spread. A spread is usually a difference between the buying and selling price of coins. The spare can vary greatly depending on the type of altcoins, but generally the average spread stays at 1.90% most of the time.
Weibull is the best choice for those looking for the best alternative to eToro. When it comes to free altcoin trading apps, WeBull has proven to be the best. The services offered by WeBull are numerous, including split investing. The app offers commission-free trading of over 20 different altcoins. They cover various niches such as Decentraland, Fantom, Cosmos, etc.
Bybit is a successful altcoin trading app with low trading costs. Applications provide customer support to their users around the clock; they have a chat system that ensures users get help whenever they need it. Deposit fees are zero and offer plenty of trading options. If you’re looking forward to using the Bybit mobile app, consider visiting https://learn.bybit.com/altcoins to learn more.
Phoenix is a fiat-supported cryptocurrency exchange with very low trading fees of around 0.5%. Like everything mentioned above, the app is user-friendly on almost all mobile app interference with excellent 24×7 customer service or live chat support.
The Coinbase app is the perfect choice for those looking for the best bitcoin wallet apps. After eToro, Coinbase is ranked as the second largest cryptocurrency [altcoin] exchange platform; the daily trading volume is about 3 billion. The app has an impressive array of cryptocurrencies available for trading, with over 8000 assets. The app charges a certain flat fee, which varies depending on the size and payment method.
The AltCoinTraders app is a South Africa-based exchange that started in 2015. This exchange accepts credit card deposits and users can fund their accounts. There is a wide range of altcoins available to users, trading fees are extremely low, and users can get better returns using easy backup. Easy Save has no lock-up period and acts as instant access to your funds.
Binance is another popular crypto exchange app that offers low-cost markets. The app’s daily trading volume exceeds ten billion every day. The commission charged is a nominal charge of 0.10% per slide. Fees and available financing options vary depending on your location.
The Gemini app is more suitable for those who want to allocate larger sums to their investments. When you choose to install this crypto exchange app on your mobile phone, multi-level security and numerous security schemes are provided to you. The downside of the platform is that there are a limited number of coins to trade and the fees are higher.
The most attractive feature of the Coinsmart app is that traders can make same-day withdrawals and instant crypto-to-crypto conversions. Trading fees vary depending on the type of trades made, for example 0.2% for single traders and 0.4% for double trades.
And finally comes Kraken, another fiat-backed crypto exchange that doesn’t require a lot of transaction fees. Fees vary from 0 to 0.26. The main advantage of the app is that it is accessible on Android, iOS and web apps.