Which are the 3 best crypto apps operating in UK now?

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Which are the 3 best crypto apps operating in UK now?

 Which are the 3 best crypto apps operating in UK now?
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Highights

  • Cryptocurrency exchanges are the most common type of crypto app, and they allow you to buy and sell cryptocurrencies.
  • Coinbase, eToro, and Crypto.com are a few mobile apps with multiple features and facilities, making the crypto investment journey an easy process. 

In the world of cryptocurrencies, the ease to trade in cryptocurrencies with a mere click on your smartphone or a tap is something all enthusiasts are looking for. This has resulted in the growth of mobile apps, which allow you to trade in cryptos, compare cryptos, and keep a tab on the overall crypto market.

But the question that often users or consumers deal with is which mobile app is the best and most reliable. 

We have compiled a list of 3 renowned and trusted mobile crypto apps that offer facilities for quick trading and monitoring on the market. 

eToro

Backed by one of the leading crypto exchanges, the eToro mobile app boasts of offering support to 43 digital assets. eToro is a regulated crypto trading app licensed by the UK’s Financial Conduct Authority (FCA), and it provides features like CopyTrader. This particular feature allows new investors to record all the successful transactions, thereby alleviating the new investors from any possible risks they could face. 

Similarly, eToro’s portfolio diversifying tool called CopyPortfolio allows the users to venture into multiple options from diverse sectors, thereby not being limited to a single token or type of blockchain. 

Crypto.com

For those who have a particular liking for cashback, the Crypto.com app is the one for you. Another FCA recognised mobile crypto app offers support for more than 250 digital assets. Besides, the users can use their Visa cards for transactions, which will allow them to earn rewards for using their debit cards. 

Crypto.com card users stand a chance to earn 8% cashback, allowing them to get returns on their cryptos. The interests are generated across various crypto assets, such as stablecoins, etc.

Coinbase

Coinbase mobile app is best known for its seamless features, which are best for any newbie. As a new entrant to the crypto world, the users look for easy-to-understand features that they can use for transactions.

As a user-friendly mobile app, it offers over 300 decentralised currencies to buy, sell or hold, with options, such as adding the new ones instantly. The users can use multiple payment methods for transactions and set auto debit features while using ApplePay to make payments. 

Conclusion

As a market participant, one must also keep an eye on scrupulous apps which tend to exploit users’ inexperience in these matters and lure them by offering them rewards on paper, but eventually lead to scams. Therefore, while choosing an app for transactions, one must do proper market research of the market as well as the chosen app.

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