A cryptocurrency is a form of digital money that is generated virtual and cryptographically which makes it difficult to spend over the limit that has been created. Most of them are online and network-based blockchain technology, that is, a collective connection of an indistinguishable chain of computer network distributions. They are generally privately own and hence, having almost zero influence or manipulations by the government in any shape or form.
Since it’s a digital-based asset many people are getting attracted to investing in different forms of cryptocurrencies. It has been available to the general public for a while but now a lot of investors, be it individuals or companies are likely to open up areas like Bitcoin, Ehtereum, Dogecoin, and more. People will be willing to find it easy to start the process of investing in crypto and some might find it hard to use the computer constantly just for this purpose. Over time, a lot of easier and safer apps have been developed for this very purpose. Developers have worked together with experts to design apps, both for Android users and IOS users, to use, and here are some of the most demanded and used apps for crypto trading.
Why Invest In Crypto?
Since it’s a sell-and-buy process of investment between the virtual currency and the user, there is no involvement of a third party or people like banks or trust funds. These are safe and secured transfers that are guarded by public or private keys or different forms of security holds.
Modern-day transfers of money via virtual money like PayPal, UPI, etc are being opted by people more because of their highly secured and rewarding nature. Investing in cryptocurrency, that is widely a connection of various virtual “token” makes the transactions even more secure. And since the government has no hold over the crypto market, people are able to earn easily and efficiently by investing little to no money.
Best Android Apps for Cryptocurrency Trading 2021
Launched in 2017, it is one of the best-known trading apps for the Indian public. It was taken over by Binance Holdings which, in return, only increased its efficiency since it’s one of the best crypto trading apps known.
Deposits can be done in Indian Rupee (INR), US Dollars (USD), Bitcoins, and even P2P- which is basically an exchange of cryptocurrency between users without the involvement of a third party. It also has its own coin which can be bought using INR, called WRX.
It offers one of the safest ways of money exchange which is also quite efficient and quick in nature. Its features are also easy to understand for someone who is not tech-savvy because it helps in navigating the user through the platform in a Live Open Order Book System. What’s another best part? It’s available for both android and apple users and allows you to invest in over 50 kinds of cryptocurrencies.
One of the fastest and safest platforms known for its safety and easy investment policies, Coin DLX ensures instant fiat to crypto transfer, with zero fees. It only supports Indian Rupee (INR) right now but you can make investments in NEFT, RTGS, IMPS, etc. The whole platform has been simplified in a manner that you only need a One Time Password (OTP) to enter that is either sent to your registered email or phone number.
The tutorial about the app can be found in its settings which will teach you a lot about investing in different types of cryptocurrencies and since Coin DLX allows you to sell or buy over 200 types of trade coins, it gives a diverse place for a user to earn and invest.
Since this trading app democratizes Bitcoins, it is extremely beneficial for Indian citizens to buy and sell assets on this app. One of the main reasons why it’s so popular is because of its low transactions fee, live price tracker, and crypto wallet, etc. You can also generate free bitcoins by referring it to people.
When joining, a user needs to have KYC (Know You Customer) duties fulfilled while signing in. The Unocoins app allows the user to deposit an amount of Rs. 1000 but if they use other trading options like UPI, they are not charged any fee. Through Unocoin, you can also recharge your phones using Bitcoins!
It is a Singapore bases crypto generating app and is regarded as one of the oldest yet best app for crypto trading. Being discontinued in India for a while after the cryptocurrency ban, it re-launched in 2020 to become one of the leading apps in the market.
Its top-tier security reforms with low transaction fees make the program worthy enough to use. It has a refer and earn feature that allows the client to sign in with detailed KYC (Know Your Customer) details which helps the user to start trading through their cell phones immediately. You can avoid the membership fee, which is 0.0001 BTC per month, by actively investing. Today, Zebpay allows transactions across 100 countries!
This app offers the best trading rates across all platforms and is used the most and is sponsored by many big brands as well. It’s easy signing set-up that allows the customer to start trading immediately after registering is the most appealing part of this app. It allows you to buy and sell over 100 cryptos with the best trading points in the market.
Just like Zebpay or Coin DLX, this app requires you to sign in using your KYC, since it provides an even safer platform for trading. Its liquidity enables the customers to trade smoothly and rather efficiently. With its ideal base that allows you to see the best exchange rates in cryptocurrency, it generates a few of the best deals for trading.