The 9 best apps to start with Bitcoin and other cryptocurrencies

Cryptocurrencies such as Bitcoin, Ethereum, Dogecoin and Ripple are often in the news. The value of all these cryptocurrencies varies widely, but it doesn’t stop people from delving into the world of cryptocurrency. We have listed nine applications that can be useful when buying, selling and trading these digital currencies.

Coinbase

Coinbase has been around as an online wallet for a long time, with this virtual wallet you can store and spend Bitcoin, Bitcoin Cash, Litecoin and Ethereum. After verification, you can also buy and sell crypto coins. When buying and selling you have to take transaction costs into account, there are a number of websites where these costs are lower. The Coinbase app is an easy and free way to create a wallet for cryptocurrencies. “Free” coins are also given away by means of a quiz.

Bitvavo – Exchange

You may have read about Bitvavo before, this Dutch marketplace gives you the opportunity to easily buy and trade crypto coins. You see the real-time rates in the application and you can start with a small amount via, for example, iDeal or Bancontant. There are no fewer than 175 different cryptoassets available at Bitvavo. At Bitvavo you will temporarily receive no trading costs on the first 1000 euros by signing up via this link. Thanks to the low percentage of trading costs, Bitvavo is an interesting choice.

Binance

If you are looking for an international trading market where you can trade to your heart’s content, Binance might be for you. There are countless cryptoassets available on this platform and just like with Bitvavo you can also strike here. With staking you put away a certain amount of crypto and you receive interest on the value of the crypto. Note that this staking part can also lose value.

At Binance you will find at least 600 assets, and you can trade anywhere in the world, creating an account is easily arranged and if you start trading in crypto, it is wise to spread your investment. Start by creating an account with Binance and download the application!

Blockchain – Bitcoin & Ether Wallet

An alternative to Coinbase is the blockchain wallet, which does not support Litecoin and Bitcoin Cash, but does support Bitcoin and Ethereum. With this wallet you can easily send and receive Bitcoin. Your account is secured with two-factor authentication and protected with a PIN code. If you lose access to your account, you can restore it with a recovery phrase of twelve random words.

Coinstats

If you want to start trading crypto coins, you need a number of tools, because the price can change by the minute. Cryptocurrency trading also goes on 24/7 and thus requires a lot of patience and understanding of financial markets. Coinstats gives you price information on almost all existing crypto coins, and you can easily keep track of your own portfolio. This way you can see exactly what your investments are yielding.

Blockfolio

With the Blockfolio you can also view the prices of all crypto coins. New coins are added to the Blockfolio app on a regular basis. The app has support for more than 300 exchanges such as Coinbase and Binance. In the app you will also find an overview with news about crypto coins from various websites.

CoinGecko: Crypto Price Tracker

With the help of Coingecko you can immediately see which crypto coins exist, what the trading volume is and via which platforms the digital coins are sold most often. In addition, the application can give you price alerts and tracks 50 different categories in crypto world such as NFT and DeFi. At CoinGecko you can also keep an eye on your own portfolio and see if you have traded profitably.

crypto news

To stay well informed about the latest news in the crypto world, the Crypto News app gives you a hand. It collects the latest news about Bitcoin and other currencies from multiple sources. At the top of the application you will find a row with all kinds of topics such as news about Exchanges, NFTs and security.

Blox

You may have seen or seen the advertisements of this cryptocurrency application. Blox is a trading platform where you can easily start trading with a small amount of pocket money. In the app you will find a wide range of different crypto coins such as Ripple, Litecoin, Link and BAT. The transaction costs are a lot higher than with the Dutch Bitvavo.

Mining on your smartphone or tablet

There are numerous apps in the Google Play Store that allow you to mine crypto coins on your smartphone or tablet. Mining digital coins is a fun way to collect cryptocoins. However, we advise against using such applications on your smartphone, due to the limited computing power of your device. Constantly loading the processor and the demand for power will not do your battery and phone any good. If you still want to mine crypto coins, it is better to try this on your computer, although this is not always profitable.

Article updated on May 24, 2022