Best Crypto App UK – Which To Use?
Each trader has a number of useful and necessary tools in his arsenal. With their help, you can use the crypto market with maximum convenience and simplicity. Some of these elements are crypto-applications. In the UK, many programs have been developed to help beginners delve into the crypto space. The best crypto apps UK are presented below, which have been researched by trading professionals. They were rated based on several criteria, including depth of analytical tools, range of crypto assets, and execution speed.
Coinbase is one of the largest crypto exchanges and one of the best in the UK. Since 2012 it has grown to be a leader in cryptocurrencies with more than 73 million users. Those who use Coinbase have access to over 140 cryptocurrencies for trading and investment. The exchange is FCA regulated and is listed on the Nasdaq stock market in the USA. In addition, Coinbase is insured against losses, from theft and cybersecurity breaches.
For advanced users, there is Coinbase Pro, which provides sophisticated tools and twice as many coin types. Among the advantages of the application are:
- large pool of cryptocurrencies;
- high liquidity which protects investors from price falling;
- GBP base account support;
- User-friendly interface.
There are also disadvantages. These include high transaction costs and a less reliable customer support system.
The exchange has over 4 million customers worldwide. Its merit is that it’s one of the first platforms to introduce GBP fiat currency options. The online platform offers over 105 cryptocurrencies. Traders from the UK can fund their accounts in GBP using bank cards or direct bank transfers.
UK customers have unique products to choose from:
- CEX Direct;
- CEX.IO Broker;
- hot wallets to store security keys.
The mobile app allows traders to track orders and control the situation at any time. Here you can easily withdraw or deposit fiat and cryptocurrency funds using QR codes generated by the application.
EToro also enters the best crypto app UK list. According to many traders, this is the best social trading platform. It’s regulated in the UK and has a low-risk profile. Novice traders should definitely try to make money on this platform. There are 20 different cryptocurrencies to trade with spreads from 0.75% to 5%. You can trade major coins like Ethereum, Bitcoin, Litecoin and this is not the whole list. The eToro app is available on iOS and Android and is well-designed and easy to use.