5 Best Apps To Buy Cryptocurrency With Ease In 2021

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Finding the best apps to buy cryptocurrency with ease is always a blessing. Similar to the best apps to buy stocks, the right crypto app makes cryptocurrency trading simple and straightforward. As interesting as this sounds, many investors are still unsure about selecting the right platform. This article explores the 5 best options.

1. eToro – Overall Best App To Buy Cryptocurrency with Ease

 

We’re kicking off our list of best apps to buy cryptocurrency with ease is eToro. One of the first things you will learn about the eToro platform is its customer size. The broker has over 20 million users on its platform. User-centric and intuitive, the eToro app is a social trading platform that enables users to connect with other traders. It has been termed Facebook for investors.

This is because the eToro offers unique features like ‘Feeds’ through which users can communicate with one another and learn industry news first-hand about a given financial instrument. Alongside this, users can also copy successful traders on the platform using the CopyTrade functionality.

In addition, you can diversify your investment portfolio across several fields and regions by leveraging on eToro’s CopyPortfolio functionality. Using advanced artificial intelligence (AI), the eToro platform will distribute your portfolio across different sectors depending on your risk appetite.

Regarding security, the Israeli broker is one of the best in the industry and has not reported a security breach since it launched in 2006. It is regulated and licensed by global bodies like the UK’s FCA, CySEC, and Australia’s ASIC.

This further reinforces the sense of safety of your funds and details. In the aspect of trading fees, the eToro platform offers some of the best services. You can trade and invest in cryptocurrencies like Bitcoin, Ethereum, and over 100 digital assets commission-free. This means you only pay for the price of the underlying asset. You also gain exposure to traditional investment vehicles like commodities, FX, ETFs, CFDs, indices, and over 3,000 global shares.

Understanding the crypto investors’ propensity to utilize smartphones for trading, eToro has a mobile app available for Android and iOS devices. You can also store your crypto assets on the eToro crypto wallet.

2. CedarFX – Best Cryptocurrency App with MT4 Integration

Another popular app on our list is CedarFX. Owned by Cedar LLC and based in St. Vincent and Grenadines, CedarFX is an online CFD broker that started business in 2021. Wondering why we included this app in our review of the best apps to buy cryptocurrency with ease? The answer is in its low-cost offerings.

It offers low-cost trades for dozens of FX currency pairs, US stocks, cryptocurrencies, indices, and commodities. Added to this, CedarFX offers 0% commission trades, meaning that you only have to pay for the investment you want to purchase. You also get to enjoy below-average spreads across most of the available assets on CedarFX.

CedarFX provides traders with powerful trading tools like the popular MetaTrader 4 (MT4), making it easy for you to backtest your trading strategies. Do you care about investor protection? CedarFX doesn’t have any right now. Unlike the eToro platform, CedarFX is not a regulated entity.

Meanwhile, this serves as a plus for users as CedarFX enables high leverage of up 500:1 for FX trading and up to 20:1 for stock trading, even for new traders. However, deposits and withdrawals are made with Bitcoin, and this takes minutes to complete transactions. Another great feature is that CedarFX is that it has sustainability in its mission.

You can choose an Eco account. But this will set you back $1 for each trade, and all the raised funds are used to plant trees. It also runs a demo account for new traders to get the hang of how the financial market works.

3. Capital.com – Best Cryptocurrency App for CFD Trading

Capital.com review

Offering support for 29 cryptocurrencies on its platform, Capital.com is another top app to buy cryptocurrency with ease. It operates out of offices in London, Cyprus, and Gibraltar. Aside from servicing retail traders, Capital.com also caters to institutional clients through its Prime Division.

Founded in 2016, Capital.com operates in over 50 countries and has over 1 million users. It uses AI technology to provide investment ideas and advice. Users on Capital.com can trade several CFDs and derivatives on FX currency pairs, commodities, cryptocurrencies, stocks, and indices.

Regulated by level 1 tier agencies like the FCA, CySEC, and ESMA, Capital.com offers high leverage up to 200:1. The trading experience is seamless as users can easily trade on mobile or Capital.com’s proprietary web platform. MT4 is also on offer, and users can use this platform to get detailed info, charts, and analytical tools.

Concerning fees, Capital.com has low forex fees and does not charge inactivity fees. Commissions are also non-existent, and you can make deposits and withdrawals for free.

4. AvaTrade – Best App for Crypto and FX CFDs

AvaTrade

AvaTrade is another best apps to buy cryptocurrency with ease this year. Part of Australia-based Ava Group, AvaTrade is a global forex and CFD broker founded in 2006. It offers over 55 different FX currency pairs, 17 commodity CFDs, 20 equity indices, 14 cryptocurrencies, and CFDs on 500 individual stock shares.

Like several of the popular apps we have reviewed, AvaTrade is a regulated broker. It has operational licenses in the Republic of Ireland, Japan, South Africa, Australia, and Abu Dhabi’s Financial Services Regulatory Authority (FSRA).

Users can choose from a broad range of options when they want to trade. AvaTrade enables users to trade through MT4 and five and its proprietary web platform. It is also a social trading platform, and users can copy traders from others through its mobile app AvaSocial. It is available for Android and iOS devices. Leverage on the AvaTrade platform is at a maximum of 1:400, and users can make deposits through several payment channels.

5. Libertex – Best Cryptocurrency App with Zero Spreads

Libertex mobile trading app

Last on our best apps to buy cryptocurrency is Libertex. Founded in 1997, Libertex is a global FX broker with over two decades of experience in the financial markets. It has users from over 120 countries and is highly liquid. Boasting 100 industry awards, Libertex is a trustworthy platform you can buy cryptocurrencies through.

However, its product offering is quite limited. Users can only trade 250 financial instruments on both its mobile and web platforms. Meanwhile, its strengths lie in its brand name, one of the industry’s trusted brokers.

Libertex offers exposure to several commodities, cryptocurrencies, FX pairs, indices, stocks, and CFDs. It charges commissions going against the industry’s standard of charging spread fees. Commissions for major currency pairs are at 0.008%, while crypto trades vary between 0.47% to 2.5%.

 

About Jimmy Aki PRO INVESTOR

Based in the UK, Jimmy is an economic researcher with outstanding hands-on and heads-on experience in Macroeconomic finance analysis, forecasting and planning. He has honed his skills having worked cross-continental as a finance analyst, which gives him inter-cultural experience. He currently has a strong passion for regulation and macroeconomic trends as it allows him peek under the global bonnet to see how the world works.