Cryptocurrency has been around since 2009, but it’s hard to believe that in less than a decade, it’s gone from being a niche market for tech geeks to being mainstream. It’s an exciting time to be alive as we see new crypto apps and exchanges popping up every day.
Crypto apps are the most exciting developments in the crypto space, but there are also plenty of cryptocurrency exchanges that help us get our hands on all kinds of different coins and tokens.
In this article we will go over my top 2023 crypto apps and exchanges. We will mention each one’s unique features, what you can use them for, and how they can help you make money with your crypto investments.
Understanding Crypto Exchange
Crypto exchange is a digital platform where cryptocurrencies are traded. There are many benefits of using an exchange, such as:
- Accessibility: The exchanges provide a simple interface for traders to buy and sell cryptocurrencies. You do not need to be tech-savvy or have programming skills to use these platforms; you just need an internet connection and a wallet (a digital place where your coins are stored).
- Security: One of the biggest concerns with cryptocurrencies is security. Exchanges store large amounts of money in wallets that are protected by strong encryption technology and multiple layers of security measures like 2FA (two-factor authentication) codes sent via SMS or email alerts when someone logs into your account from an unknown location, among other things.
- Liquidity: Liquidity refers to how easily an asset can be bought or sold without affecting its price significantly–and it’s crucial for any good investment opportunity! Liquidity allows you not only to trade quickly but also allows other people who want what you have come along later down the line because there will always be someone willing to buy whatever token/coin etcetera at whatever price point we decide upon beforehand.
2023 Best Crypto Apps Exchanges
The People’s Exchange – KuCoin
KuCoin is a blockchain asset exchange platform and cryptocurrency wallet. It offers trading pairs such as BTC/USDT, ETH/BTC, and USDC USDT. KuCoin also has its own token called Kucoin Share (KCS). KCS holders receive discounts on trading fees and other incentives.
Kucoin aims to solve the problem of exchanging cryptocurrencies. It is a simple and secure cryptocurrency exchange that provides its users with a convenient, seamless, and most importantly, direct trading experience.
In addition, they ensure that they remain compliant with all relevant regulations, which is a very important factor when dealing with cryptocurrencies. It is not uncommon for exchanges to be forced to shut down due to non-compliance with regulations or even worse, getting shut down by government agencies such as the FBI. This does not happen with Kucoin – they have designed it in a way that it has made impossible for anyone to steal your coins on the Kucoin platform.
Best for Low Fees and Best for Experienced Traders: Kraken
Kraken is one of the oldest and most popular cryptocurrency exchanges in existence. It’s been around since 2011, which means it’s been around longer than most other major exchanges (and even some cryptocurrencies). Kraken also has a reputation as being one of the safest places to trade cryptocurrencies online–the site has never been hacked or compromised in any way.
In addition to having a solid security record and low fees, Kraken offers plenty of features that make it easy for beginners who are new to trading on exchanges:
- A beginner-friendly user interface (UI) that makes navigating through all the different sections easier than other sites’ UIs;
- An educational section where users can learn about how crypto trading works;
- Support from experienced staff members who answer questions quickly via email or chat if you ever need help with anything
Best for Beginners: Coinbase
Coinbase is the best cryptocurrency exchange for beginners. Their platform is easy to navigate, and they give you instant access to buy and sell cryptocurrencies. They require identity verification, which might seem like a hassle, but it’s much better than most of their competitors who don’t require any form of ID.
Coinbase has been the leader in Bitcoin transactions in the United States, and they excel at making their customers feel secure with their service. They also have an iOS app available for download. Coinbase is ideal for first time buyers because of its intuitive interface and features that make it easy to buy and sell Bitcoin, Litecoin and Ethereum. You can purchase them using USD, EUR or your bank account information.
Best Mobile App: Crypto.com
The Crypto.com app is one of the best cryptocurrency apps available, and it has a lot to offer its users. The app is designed for both beginners and experienced crypto traders, so no matter what level you’re at, there are features that will appeal to you.
The main thing that sets this app apart from others is its ability to help you manage all of your cryptocurrencies in one place. You can store them on an exchange or in cold storage (which means they aren’t connected with the internet). You can also see how much profit each coin has made over time and use different strategies for investing in new coins based on their potential ROI (return on investment).
Best for Security: Gemini
Gemini is a US-based exchange that has been around since 2015 and is considered one of the most reliable cryptocurrency exchanges in the world today. As one of only two regulated crypto exchanges in the United States (the other being Coinbase), Gemini provides users with peace of mind knowing their funds are safe from theft or hacking attempts by hackers looking to steal personal data.
In addition to its excellent reputation for security, Gemini also offers low fees compared with other exchanges such as Binance or Bitfinex–and in some cases no fees at all–making it an excellent choice for anyone looking for an easy way to buy or sell cryptocurrencies without breaking their bank accounts.
Best for Altcoins: BitMart Exchange
The BitMart Exchange is an easy-to-use crypto exchange that boasts an impressive array of features. You can quickly and easily trade Bitcoin (BTC) for Ethereum (ETH), Tether (USDT) or TrueUSD (TUSD), or vice versa, with a variety of payment methods available, including ACH transfer and credit card purchase. BitMart also allows you to store your coins on their platform securely in a variety of different wallets, including hot and cold wallets.
Best for Bitcoin: Cash App
Cash App is a mobile payment service offered by Square (which also owns Venmo), that recently added Bitcoin buying capability thanks to a new partnership with Coinbase.
The main advantage of Cash App is its ease-of-use: it’s more straightforward, and doesn’t require any identity verification or registration. You just set up your account and can start buying right away in this bitcoin exchange.
Another upside is that you can use your Cash App balance to make cash payments even if you’re not registered as a business user—you can just send money straight to your bank account. This means that unlike Coinbase, where withdrawals take five days, with Cash App you can access your funds instantly.
Best Decentralized Exchange: Bisq
Bisq is a decentralized exchange that allows you to trade bitcoin and other cryptocurrencies without the need for a middleman. The platform uses peer-to-peer technology, meaning there’s no central authority or third party involved in your transactions.
Bisq’s mission is to create a global network of buyers and sellers with no fees or restrictions on trade. It operates as an open source project built by volunteers around the world who contribute time and skills to make Bisq available in their language, as well as provide ongoing support for users on our community channels like Reddit, Slack and Discord channel.