Instead, these apps are facilitating your wish to trade in cryptos and enter the world of decentralised digital currency networks. The whole process has been simplified for anyone to sign up, and the mobile app interface caters to quick learning. However, r egulators have finally opened up the arena for companies to start their ventures, and this has led to several cryptocurrency exchange apps in the last few years that let you invest in cryptos like Bitcoin, Ethereum, Dogecoin, and more using your smartphone instead of big-heavy machines such as laptops.
Here are some of the best cryptocurrency exchange apps in India:. You might have heard this name on social media quite a lot recently, suggesting it is quite popular among people. Then you can use WRX to invest in other cryptos. One of the popular features of WazirX is that you can earn coins through various contests that are available on the info section of the app.
WazirX has a charging fee of 0. The first three come with a transaction fee of Rs 5. Download WazirX on Android iPhone. Next up you have Unocoin, which is known for its simple user interface and support for many cryptocurrencies. When signing up for the app, a user has to create an account and make sure to fulfill all the KYC Know Your Customer details.
The app also includes a schedule sale feature that lets you auto-sell from the profile tab. Unocoin users are charged a fee of 0. This rate is applicable for minimum usage of 60 days. After that, the app asks charges a fee of 0.
Unocoin deposits allow a minimum amount of Rs 1, which is higher than what WazirX offers. That said, using MobiKwik wallet incurs transaction fees of 2 percent and for debit or credit cards also you have to pay a fee prescribed by the banks. Unocoin also offers biometric security features via finger ID and passcode. Download Unocoin on Android iPhone. CoinDCX is recognised as the most versatile trading app for crypto assets in the country.
Add to that, the whole setup process has been simplified using a one-time password OTP on your registered mobile number and email ID. If you go to the Settings tab on the app, you can learn a lot about investing in cryptocurrencies and how they operate in the virtual world. CoinDCX charges a maker and a taker fee of 0. This cryptocurrency exchange app only supports INR to let you trade in cryptos. Another cryptocurrency exchange app that you might be familiar with is Zebpay.
It lets you signup and full KYC details through your mobile number to start trading. The platform caters to the refer-and-earn feature. The Android rating is 4. In general, the application is relevant to all the parameters: portfolio management is convenient, users can quickly switch to cryptocurrency market monitoring.
A specific cryptocurrency card is very detailed, with many useful actions, including adding a transaction to the portfolio or making a purchase from a partner of the app. Also, users can configure alerts right there. Speaking of alerts, they can be variously customized, but some parameters are available only for the PRO version. Alas, but the trial period is available for only three days, which slightly overshadows the impression. Additionally, it unlocks several useful functions for maintaining a portfolio, also disabling advertising.
Users can vote for the news, which adds a bit of interactivity. Also, the feed can be conveniently customized, leaving only those sources that users consider important. Perhaps we could have excluded the Crypto Pro app from the list since this application does not support Android yet. However, the quality of its development and adaptability for various Apple devices are executed remarkably — so we hope that the version of the app for the Play Market will be of such high quality as well.
So far, the app has about 1, reviews on the App Store, with an overall rating of 4. It is worth noting that Crypto Pro has a very rich functionality when it comes to portfolio management and coin tracking. Users can create and manage several portfolios with customizable alerts. The separate coin screen contains the standard data with charts and trading data for the selected period. Users can instantly read the news related to the specific coin.
An interesting feature is the submenu where users can use the calculator, set up alerts, add a coin to the portfolio, create an address book or set up Siri. Cryptocurrencies can be viewed both in the general list and in the special section «Favorites». Crypto Pro has a large database regarding exchanges: users can monitor the trading of a particular pair on a particular exchange. Still, the news feed currently is a little disappointing: it allows only two news modes, «Popular» and «Latest».
A selection of news sources also leaves much to be desired. The availability to customize feed is limited: users can only choose a coin for a list of publications relevant to it. The application comes from that very global ranking system. For obvious reasons, it puts emphasis on the main product — data from the cryptocurrency market. The complaints largely concern the portfolio function. Unlike most competitors, CoinMarketCap offers users to register, and this feature can scare away a certain category of crypto enthusiasts who prefer to keep anonymity on every level possible.
Obviously, the main screen is dedicated to the rating of coins and exchanges, which are divided by tabs. All data that is present and configured on the original website, is in the application, respectively. And yes — ads are a bit annoying. The news is slightly unusual: first, those that are trending are displayed, followed by news about coins that are relevant to the contents of the user's portfolio. Unfortunately, a choice of news sources that can be configured is not so vivid.
It was downloaded over , times on the Play Market, with an aggregate rating of 4. The same rating comes on the AppStore. The first thing that catches an eye after downloading «Investing Crypto» is the real-time updates of crypto rates, and this is probably the key advantage of the app. It is a unique feature, provided that the vast majority of sites, apps, and widgets use the CoinMarketCap service.
The list of cryptocurrencies is provided with options for filtering, sorting and searching. In a separate coin card, the functionality is quite diverse. There is general information with the option for detailing; tabs with prices on exchanges; technical analysis and coin news.
An important interactive feature is the ability to vote for trends and leave comments. Still, the news feed is primitive: it is not possible to configure it, and only simple search is implemented. The portfolio, in turn, has its advantages: users can create several portfolios, as well as add coin purchases on specific exchanges to a given time range, which is incredibly convenient. Users can set up alerts for each position in the portfolio or coin of interest with a very wide range of options.
The additional functions come with a separate screen for a currency converter, an ICO calendar which many applications have dismissed , a tab with cryptocurrency pairs, as well as an Analysis and Opinion feeds where users can read expert publications on the relevant topics.
The price for such generous functionality is simple: authorization and overloading volumes of advertising. Often it is simply impossible to use the app, since users accidentally tap a banner. At the same time, there is no paid subscription that turns off such an advertising bacchanalia. In addition, after registration, users get overwhelmed by calls from telemarketers.
All this overshadows the overall positive impression of using Investing Crypto. Definitely, there is a need for a single application, mainly a wallet for cryptocurrency investors. Speaking about a list of functions, then in the first place there should be the actual structure and current value of the portfolio.
It should be possible to view the portfolio structure, for example, in the form of a pie chart. In addition, the value of the portfolio should be counted in real time depending on the placed purchase orders, not on the latest transactions. Market data is in second place. It would be nice if the app displayed graphics, elements of technical analysis, though this is not easy in the phone format.
Perhaps, some technical signals or recommendations should be integrated as a paid feature — this requires a team of analysts. The news feed can be put in third place, it may be worthwhile to send alerts about the news from the currencies that are in the portfolio.
Alerts should be a paid feature, also including the approaching or overcoming resistance — this also applies to technical analysis as a paid feature of such an app. Thinking about the "perfect" app, it should provide security and liquidity. It means the use of biometric data, better secured by some government service or a large corporation such as IBM or Microsoft, which work hard on this.
Liquidity is one of the most important problems of the crypto industry. The ability to quickly sell, including stop-loss or take-profit, is also worth to be a paid feature. News does not constitute a strong influence in the decision of the crypto holder. The perfect app is where you can keep the portfolio, where it will be under your control, not under a centralized institution.
Such an app should have the possibility of exchanging currency for another currency, for a stablecoin, the ability to withdraw would be a great option. A perfect application should make it possible to pay with. It would be also great to add the possibility of arbitration transactions. In my opinion, market data is the most important factor for any crypto trader.
It must be accurate and offer both historical data and real-time data. It is impossible to create a good portfolio and manage it with unreliable market data, so I put the portfolio function in second place in importance. From the point of view of the cryptocurrency market, the ideal offer would be a platform that allows users to access the entire market in a «one-stop» mode single window.
I want an offer that will allow me to observe prices from the entire market in just one window. This would give me confidence that I am buying or selling my asset at the best possible price in the market. Currently, I need to check out several different exchanges where I have an account in order to understand what is the best price for me.
News and portfolio tracking are both tied together and important in an app, as you need to be able to see what you're holding and what news is happening related to these coins and the overall crypto market. The perfect application should be an all-in-one to reduce the number of apps required and so that the user experience is easy and without friction. There are no ideal solutions right now and users have to download and use several apps to be able to achieve everything they want to.
Each cryptocurrency investor has their own unique style of investing. They do however fall into groupings based on their behaviors. You have certain individuals who do not care about the asset, they want to day-trade and scalp small percentages in any way possible. You then have swing traders, these are investors who will take positions for short to mid-term time periods. A couple weeks, maybe a couple of months. Lastly, there are long term investors. People who slowly but surely add to their holdings over time.
They hope to purchase when assets are cheap, but all in all, they are consistently adding to their positions over time.