What is the best Crypto app?
Summary: This guide determines what crypto app is the best for Australian investors. We recommend using the CoinSpot app as it’s the only properly licensed and regulated crypto exchange in Australia.
CoinSpot is the most popular crypto app in Australia and has over 2 Australian million users. It provides a simple and easy-to-use UI and is the best platform for beginners. The application also has a built-in wallet so you can store your coins safely. Users can open positions, deposit and withdraw AUD, stake crypto, check portfolio and more on the CoinSpot app.
Binance is another great option for Australian crypto investors, the app offers a wide range of features. Although, the UI is not easy for beginners and is best suited for experienced traders. It has almost all the same features as its web version. It doesn’t offer depositing and withdrawing of Australian dollars from the application.
SwyftX is another popular crypto app that offers a simple and easy-to-use platform but lacks features and assets. The platform doesn’t offer as many cryptocurrencies as CoinSpot or Binance. Users can check their portfolio, buy and sell cryptocurrencies and contact support through the app.
Digital Surge also recently launched an application but it is yet to be rated on either app store as it hasn’t accumulated enough reviews to display. You can buy/sell crypto on the app and check your portfolio but besides that it offers no functionality.
eToro is a great option for those who wish to invest in more than just cryptocurrencies. On the eToro app, you can invest in cryptocurrencies, commodities, stocks, ETFs, indices and currencies. Users can buy and sell digital assets, check their portfolios and utilise the Copy Trading function on eToro.
Bybit is another popular crypto app that offers a wide range of features, assets and support options. You can speak with support, deposit AUD, open positions on futures/derivatives trading, buy and sell spot and stake multiple cryptocurrencies on the app. You cannot withdraw Australian dollars from the platform.
So, which is the best crypto app for Australian investors? If you're looking for a simple and easy-to-use platform, then CoinSpot is the best option for you. It also offers the most deposit and withdrawal methods for Aussies, the second-largest selection of cryptocurrencies, the highest security and lowest fees out of all the applications.
If you're looking for a more advanced platform with a wide range of features, then Binance or Bybit may be a better option. Ultimately, the best crypto app for you will depend on your individual needs and preferences.
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