Since June 2022, there is more than 19.7 thousand crypto markets in the world. One of the main tools of their operation are mobile platforms through which interaction with customers and merchants takes place. Millions of people use crypto trading mobile apps because they always have smartphones at hand and can make profitable investment decisions instantly, 24/7. In addition to Coinbase, Crypto.com, and BRD, there are other functional and promising mobile platforms in the market. Let’s consider 5 such apps that help people make money on cryptocurrency exchanges.
Damgun
This automated crypto trading app connects newbies with experienced traders around the world through mobile and web interfaces. Operations take place through the Binance cryptocurrency exchange, and cryptocurrency security is provided by the Trustology API. The platform is implemented according to international security standards (KYC, fraud prevention, AML and GDPR).
Source: andersenlab.com
A user gets acquainted with the top traders for a day, week, month, quarter or year and subscribes to the trader he likes. In the profile, the user reviews the activity of the expert and the results of recent actions, tracks the transactions that this influential player on the exchange performs and copies investment strategies. All actions and their effectiveness are displayed in the user’s profile through graphs and a dashboard.
Damgun can be configured to automatically follow well-known professionals and act on their examples. Gradually, beginners learn from masters how to trade, invest in cryptocurrencies sensibly and earn money on a cryptocurrency exchange.
Source: andersenlab.com
Pionex
Pionex does not present itself as a “thought leader”. But it has an equally reliable cryptocurrency trading mechanism – 16 free built-in robots. These virtual assistants operate 24/7, buying low and selling high while users drink coffee or work in the office.
A participant creates a bot, which is a programmed automated selling strategy. The bot monitors information about foreign currency quotes that are constantly updated in the app. Thus, it evaluates when it is better to buy this currency and when it is worth selling it. The platform supports several hundred digital assets, so the trader has a fairly wide range of income opportunities.
Earned money is transferred to a personal account and the amount is stored as an account balance. It can be used in case you run out of money and need to continue trading. If there is enough money, the user sends it to their digital wallet.
Every day, more than 100 million secure transactions take place on the platform because FinCEN’s MSB licenses protect Pionex’s operations. Another significant advantage of the platform is the low trading commission (0.05%).
Source: medium.com
Binary stamp
Bitstamp is a convenient and simple tool for both new and experienced cryptocurrency exchange players. Thanks to the platform, you can trade from anywhere in the world using more than 70 cryptocurrencies: Bitcoin, Ether, USD Coin, Cardano, etc. Earned funds can be easily withdrawn directly to a merchant’s bank account.
With the help of a mobile app, a person monitors prices using a fingerprint or face ID to log in. Starting with a small amount, the player gradually increases the investment portfolio, thereby opening up opportunities to buy a more expensive cryptocurrency. It is convenient to follow the growth dynamics and history of stocks using charts and the Tradeview function. The platform does not support leveraged trading.
Besides the built-in security options, Bitstamp offers others. The application can be deactivated remotely in case of loss of a smartphone. For a transaction to succeed, the initiator must confirm it. These and other measures make the platform one of the safest crypto trading apps, where 98% of assets are protected and stored offline.
Source: bitcoinexchangeguide.com
per bit
Bybit’s mobile and web apps support derivative trading: spot trading and cryptocurrency leveraged token trading with no liquidation risk. The functionality of the platform is built in a way to help beginners understand the trading activity and gradually increase their capital. Thus, a user can become an experienced player in the market and earn a decent passive income.
The platform displays real-time market developments so participants can quickly assess the situation and make winning decisions. A trader can choose one or more of over 50 digital currencies and track their volatility 24/7. Over 5,000,000 people are trading digital assets with Bybit, and that’s not the limit. The application has a super-fast trading engine (100 TPS) and a powerful API for updates, which ensures 99.99% of the time with no downtime, regardless of load.
The app has a separate section for teaching crypto trading, where recordings of weekly seminars, workshops, and streams are posted. Thus, players can be more aware of trading and learn how to earn more using all the features of the platform.
Source: capmarketcap.com
Bisq
The Bisq blockchain app is primarily for peer-to-peer transactions. It is convenient to buy, sell and send currencies to your friends through this platform. Registration is not required for transactions. A transaction is unique and secure because the platform is based on a decentralized structure. This means that the interaction takes place in a P2P network of users who use Bisq on their computers.
Digital currency can be purchased with fiat through AliPay, OK Pay, Zele, Perfect Money or other cryptocurrencies. Credit cards cannot be used. This disadvantage is mitigated by the fact that the platform does not take commissions for cryptocurrency deposits. A trade can be completed in less than 10 minutes.
The platform runs on computers. To receive transaction status notifications outside of a PC, you need to install a mobile app and link it to the web version. The software is available for Android and iOS.
Source: bitcoinexchangeguide.com
Conclusion
Mobile apps are becoming a prerequisite for successful crypto trading. Digital currency is very volatile, it must be constantly monitored, wherever a user is: in the office, in a park or on public transport. Carrying a laptop for these purposes is inconvenient, but keeping up with market developments is easier with a mobile device. Smartphones provide the flexibility and ability to control trading anytime and anywhere.
Mobile platforms create convenient conditions for playing on a cryptocurrency exchange: various fiat payment methods, commission-free or low-commission trading, or alternative investment options. The applications listed above adhere to quality and security standards and create the necessary conditions for successful crypto trading.
