8 apps to start trading bitcoin on the move
Planning to invest in bitcoins and begin trading? Well, to do so you need to access a trading application. Such an application would allow you to trade bitcoins and store them in bitcoin wallets. If you have a smartphone, there are many applications you can choose from. Here’s a look at some bitcoin trading apps you can consider using.
Blockfolio is a simple and clean application to use. This is quite a relief as other bitcoin trading apps have a terrible interface, which makes it difficult to track information, not to mention the advertisements that clutter the screen.
Additionally, Blockfolio allows you to customize your home screen; so you can ensure you are only looking at the information you want to see.
The app also tracks your buy and sell orders and presents them in a section called Book. You can see real time updates of your orders there.
The alert feature is quite intuitive too. You can set alerts for certain dollar amounts. With so many things happening in online trading, alerts can help you keep track.
2. Bitcoin Checker
Bitcoin Checker is easily one of the most downloaded cryptocurrency apps. The UI is simple and it does not overwhelm the user with too much information. It tracks cryptocurrency for most of the bitcoin exchanges in the world.
The app even offers users themes so you can customize the experience.
Bitcoin Checker is only available for Android and Window smartphones.
This is quite a nifty app. It presents the information in a vibrant manner, so you’re able to keep track of everything. It offers support for over 30 exchanges and cryptocurrency wallets. Apart from the usual features of tracking bitcoins on exchanges and your own bitcoin transactions, CoinTracking offers another feature – Tax Reporting. Certain countries require tax reporting to be conducted on cryptocurrency transactions.
CoinTracking not helps you keep track of your tax, but it also assists you in generating a tax report.
The app is available for Android and iOS phones. It has a subscription plan ranging from Free, Pro to Ultimate.
4. Bitcoin Tracker Widget
The Bitcoin Tracker Widget is available on Google Play Store. The widget is a minimal application, the data loads quickly and the charts are easy to read. Since it is a widget, it can be customized according to your need. For example, you can set up multiple widget windows to keep track of various cryptocurrencies.
The Bitcoin Tracker Widget provides a simple service and does it well.
You cannot trade in bitcoins without having a wallet. A wallet is necessary to digitally store your coins. It has several layers of security to keep your bitcoins safe. Coinbase also offers a Coinbase Vault.
Apart from offering a wallet service, Coinbase also offers brokerage services and access to the top bitcoin exchanges in the world. While the app is free, it does have in-app purchases which allow you to unlock additional app features.
Probably the best part about the app, if you’re in Singapore and use Xfers Transfer, is that you can expect instant transactions.
Cryptonator packs a ton of features. The app has been built to allow you to interact with many cryptocurrencies and not just bitcoins. You have access to bitcoin, emercoin and reddcoin exchanges. The transactions are instant. Furthermore, the app allows you to conduct currency exchanges.
It also offers a wallet feature, which is secured through a 2 factor authentication.
The interface may have a small learning curve if you are not familiar with cyrtopcurrecny, but one can overcome that challenge with a few uses of the app.
7. Mycelium Bitcoin Wallet
Mycelium Bitcoin Wallet qualifies to be called as a bitcoin manager app. It offers tight security and the private keys stay on your device unless you manually move them. You can use the app with multiple accounts and lock the accounts using a PIN. The local trader feature allows you to trade bitcoins with person to person.
The interface can be difficult for a new user to follow.
8. Bitcoin Price IQ
Bitcoin Price IQ is slowly becoming popular due to its currency exchange. It supports 165 currencies worldwide, including the Singapore Dollar. This is a great way to keep track of trading if you’re frequently travelling the world.
These 8 are just some the bitcoin trading apps you can try out when you start investing in bitcoin. It’s recommended that you do not download all of them together. Instead, install one or two of them. Get comfortable with using those two apps.
Do the apps meet your requirements? If not, download another app recommended on this list.
Bitcoin trading is a profitable affair and these bitcoin trading apps can help you tap into it.
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