Altcoins have grown in popularity over the years. Altcoins or alternative coins include tokens such as Ethereum, Dogecoin, and various other cryptocurrencies other than Bitcoin. As the popularity has grown, the number of altcoin trading apps has also increased. Best altcoin apps depend on what features you are searching for to invest in a trading platform.
Many apps allow users to trade bitcoin-altcoin pairs. Traders can purchase or sell altcoins by using bitcoins at such apps. If you are thinking of trading altcoins against bitcoin, which is the king of cryptocurrencies, it is a good idea to track a portfolio’s performance. Different apps offer different features, so you can choose the right app out of the best altcoin apps we will list.
If you are looking for the best altcoin apps, you can find them here in the post. You need to create an account on any of the best altcoin apps to get started. It is quite difficult to choose and decide the right one for yourself out of the best altcoin apps available. We will provide you with the best altcoin apps along with their features to easily decide the best for you.
Let us jump straight into the post to find out the best altcoin apps.
Best Altcoin Apps
Here is a list of the best altcoin apps. Let us discuss these best altcoin apps one by one.
eToro is one of the best altcoin apps for active investors. It can be a great choice if you are involved in cryptocurrencies actively. It has a different social media platform on the exchange where users are allowed to communicate or share trading ideas with one another. This is a great place where beginners can learn about cryptocurrency as it has a built-in platform.
Pros of eToro
- eToro Money- Free cryptocurrency wallet app
- 40+ digital currencies
- Great for beginners
- Low fee cryptocurrency trading
- App has charting capabilities
Cons of eToro
- Inactivity fee charged
It can be a good platform as it is beginner-friendly. Users can exchange one coin for another directly within this eToro Money app.
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If you are looking for a beginner-friendly platform, you can go for Coinbase as it is one of the best altcoin apps for beginners. It offers around 40 altcoins to choose from. You can even exchange or convert any altcoin to another automatically on this platform. It also has a free cryptocurrency wallet. The wallet has two-factor authentication and supports 4000+ cryptocurrency assets.
Pros of Coinbase
Cons of Coinbase
- Trading fee is high
Coinbase has a self-custody wallet and you can have full control over the altcoins owned by you.
WeBull can be a great alternative to eToro. It is also one of the best altcoin apps. It is regulated by top-tier entities like FINRA and SEC. It offers 20+ currencies for trading. You don’t need to pay any commission as it doesn’t charge any commission for trading cryptocurrency and only charges 100-basis points.
Pros of WeBull
- No commission for trading
- Demo account for free
- Highly regulated
- 20+ currencies for trade
Cons of WeBull
- Need to apply for a crypto account
This platform is a good option for trading altcoins. It is a commission-free platform.
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Binance has various built-in features and you can trade against US dollars, Bitcoin, or USTD trading pairs. It also has its token known as the Binance coin or BNB which can be used for paying transaction fees. It also offers financial derivatives and margin trading in several regions and you can also leverage your crypto position.
Pros of Binance
- Largest Altcoin exchange app
- Exchange along with a wallet
- 500 altcoins to trade
Cons of Binance
- Unavailable in the US.
It can be a good choice for trading altcoins.
ByBit is one of the best altcoin apps with a huge range of trading options. It doesn’t charge any fees for depositing Fiat currency. It also has a mobile app that is available for Android and iOS users. Investors can employ various technical indicators for boosting trading efficiency and set several order types using this app.
Pros of ByBit
- The trading fee is low
- No deposit fee
- Good customer service
- Numerous trading options are available
Cons of ByBit
- Fiat withdrawal is not supported.
It can be a great option if you want to trade altcoins. It is one of the best Bitcoin trading apps.
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Crypto.com platform is great for DeFi exchanges. It allows you to store, exchange, or transfer over 90 cryptocurrencies. Crypto.com platform also offers Visa card which enables you to spend cryptocurrencies anywhere Visa is accepted and you can enjoy 8% back through it. It also includes its app.
Pros of Crypto.com
- 24/7 customer support
- Offers Visa card
- You can be verified in 5 minutes
- The app is also available.
Cons of Crypto.com
- Quite difficult to navigate.
It can be considered one of the best altcoin apps as you can enjoy a wide range of products on this platform.
If you are a mobile user and looking for the best altcoin apps, Gemini can be a great choice for you. It offers a mobile for both Android and iOS users and they can manage their cryptos on the go. It offers around 25 different altcoins on the Gemini exchange. It also offers an insured wallet that can protect users from any online security breach.
Pros of Gemini
- Exchange and a wallet
- Best for mobile users
- 25 different altcoins to trade
- Security from online breach
Cons of Gemini
- Expensive for small traders.
You can consider this platform as one of the best altcoin apps with better security from any sort of online breach.
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AltCoinTrader can be the best choice if you are searching for the best altcoin apps for simple trading. It is a South Africa-based platform that offers trading in many altcoins. It also has its app available for both Android and iOS users. Anyone can purchase or sell several trading pairs without taking much time.
Pros of AltCoinTrader
- Very low trading fee
- Credit cards are accepted
- Easy Save allows users to earn a return
- Numerous altcoins available
Cons of AltCoinTrader
- Unclarity about who regulates this platform.
You can choose this platform for altcoin trading. It offers around 28 altcoins for trading.
It is one of the well-known and best altcoin apps you can use for trading altcoins. It offers around 93 altcoins to its users for trading. You can enjoy great asset selection using this altcoin trading platform.
Pros of Kraken
- An advanced platform for traders
- Huge range of products
- Low fees for advanced investors
Cons of Kraken
- Unavailable for US states.
You can choose the Kraken Altcoin app if you want to trade altcoins with lower fees.
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Robinhood is a platform that allows users to opt for commission-free investments. It is a free US Stock exchange. It enables anyone to open a fully digital account without taking much time. It allows you around 7 altcoins for trading.
Pros of Robinhood
- Fast to open an account
- Great web and mobile trading platform
- Commission-free investing
- Streamlined interface
Cons of Robinhood
- Offers limited support to customers.
If you are looking for a low fees app, you can choose the Robinhood platform as it is one of the best altcoin apps.
Best Altcoins To Buy
Here are the top five altcoins which can be the best choice for you. Let’s see the best altcoins to buy.
Many other altcoins are also available for trading but these can be the best ones for you.
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How To Choose The Correct Altcoin App?
You can choose the right altcoin app for you by taking certain factors into account. Let us check out these steps.
- Price or fees of the app
- Security provided by the app
- Coins supported by the app
- Features offered
These factors must be considered before you choose an app to trade your altcoins. You can choose any of the best altcoin apps we have mentioned to trade altcoins.
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In this post, we have listed the best altcoin apps. You can choose any of these platforms for trading altcoins. You can easily download any of the best altcoin apps mentioned above and buy or sell altcoins.
Every app has its features and different fee structures. You can decide the best one for yourself by choosing the features that suit you the most. Don’t forget that trading in altcoins is risky and you should do research before investing in altcoins.
Frequently Asked Questions
Q1. Is Binance Safe?
A. Binance is considered a safe platform as it offers secure and versatile ways of trading and investing in cryptocurrency.
Q2. Which App Has Most Number Of Altcoins?
A. Binance is one of the best altcoin apps that includes the most number of altcoins.
Q3. How Safe Is The Kraken Platform?
A. Kraken allows users to trade altcoins and cryptocurrencies safely. It stores its assets in cold storage and has a solid security track.