It’s safe to say that the cryptocurrency market has bounced back from the tumultuous 2022 bear market. While 2023 was a great year, 2024 has been even better, primarily because of the US SEC’s Bitcoin ETF approval in January 2024. Now, the cryptocurrency market is winning, with Bitcoin setting a new record of $73,620 on 29 October 2024.
Moreover, 40% more Americans own or are aware of these digital coins, a boost from 30% the previous year. While crypto trading is the most common use case of these valuable assets, there’s a growing trend toward everyday use, like making online purchases and playing online casino games. However, for American crypto enthusiasts, the latter is not yet possible unless we’re talking about sweepstakes casinos.
So the question remains, when will online casinos in USA start accepting cryptocurrencies? With the look of things, the answer is very soon. More and more people are seeing the perks of crypto payments and aren’t shying away from using crypto during their playing time.
That’s why knowing the best apps to manage your crypto tokens is essential. After all, you want all your ducks in a row when the time comes to expand the use of your crypto assets. Whether it’s trading, gaming, or purchases, these apps will make your crypto management seamless.
Leading Contenders for the Crypto Coin App in 2024
As you embark into the world of digital assets, finding a reliable coin app is among the first few steps you must take. A cryptocurrency app is a secure digital platform that facilitates the management of your crypto assets. Unlike a crypto wallet, whose primary role is to hold your private and public keys securely, a crypto app goes further to provide other crypto-related services, such as price tracking, portfolio management, or even delivering crypto news.
However, cryptocurrency coin apps come with different kinds of features and capabilities. That’s why it’s challenging for crypto fans, especially newcomers, to decide which is best. Here are the top ones to use in 2024 based on expert reviews:
Coinbase
Considered the best choice for beginners looking to buy and trade crypto, Coinbase has the following key features:
- Clear-cut interface with straightforward menus
- Helpful learning resources such as Coinbase Learn
- Supports 260+ types of tokens
- Facilitates free NFT trading
However, there’s a 0.4% maker and 0.6% taker fee. Also, there are two levels in the Coinbase app: beginner and advanced. While both allow portfolio viewing, market observance, and buying/selling of crypto, the advanced level lets users borrow and stake their crypto.
Kraken
A top choice for those looking for the most secure crypto coin app, Kraken has been praised by many veterans. Among its top features include:
- Supports 200+ coins
- Holds a 5x leverage on spot transactions
- Compatibility with common layer-2 scaling solutions like Polygon and the Lightning Network
- Licensing in Canada and the United States
Kraken is an excellent choice for those who’ve been in the crypto space for a while. But it also comes with great educational materials for newcomers eager to learn about crypto.
Gemini
Launched in 2014 by twin brothers Cameron and Tyler Winklevoss, Gemini is another great choice for crypto investors searching for top-notch security for their assets. Main features include:
- Supports 150+ cryptos
- Holds SOC 2 certification and an insured hot wallet
- Recently received the Critical Regulatory Approval in Singapore
- Easy-to-use interface
However, it is worth noting that Kraken’s trading fees are a little higher than those of its competitors.
Crypto.com
Since the 2021 bull market, Crypto.com has been another incredible app for beginners within the crypto space. Here’s why:
- Supports 350+ tokens, including gaming coins like The Sandbox(SAND)
- Spot and margin trade fees start from as low as 0.075%
- Has an in-house crypto wallet as well as a fully-fledged NFT marketplace
- Friendly interface with a straightforward navigation bar
- Facilitates staking and swapping
More importantly, Crypto.com is famous for its generous credit card bonuses available to those holding its native token, CRO.
eToro
Want access to detailed market insights and 3,000+ investment options? eToro is the app for you. Along with crypto trading and investment options, this crypto app also offers commission-free stocks as well as investments pertaining to ETFs, currencies, and other commodities. The app’s top features are:
- Supports about 100 cryptocurrencies
- Offers social trading, staking rewards, and a Smart portfolio feature
- Has a reliable customer support team
- Facilitates seamless crypto transfers to the eToro crypto wallet
However, eToro crypto users in the United States are limited to trading only Bitcoin Cash, Ethereum, and Bitcoin. Likewise, there’s a 1% flat fee for all crypto purchases.
Factors to Consider When Selecting a Crypto Coin App
Crypto apps are convenient for anyone looking to interact with the ever-changing crypto market. Many times, these apps provide real-time updates on coin prices, portfolio performance, and market trends.
You should also ensure that your preferred choice is user-friendly, has reliable support, and is compatible with different device operating systems. Another crucial consideration is the security measures employed to keep crypto assets safe. Encryption protocols and two-factor authentication are common signs of robust, secure wallet integrations.
