Cryptocurrencies: 4513 / Markets: 53782 Market Cap: 24h Vol:
2021-12-30 09:07:31

Mobile trading apps are offering an unparalleled level of convenience. Here’s how.

The growth of the cryptocurrency trading market has been nothing short of meteoric over the last couple of years. To put things into perspective, between 2019 and 2021, the total combined capitalization of this space near about tripled, rising from $1.25 trillion to over $3 trillion, a feat never witnessed across any market to date — be it stocks, commodities, or even amongst traditional store of values such as gold.

 

Not only that, even the technological advancements witnessed within this burgeoning space in recent times have been extremely staggering, with there now being a number of futuristic applications that allow users to trade a vast array of cryptos with the touch of a button. This is especially advantageous for investors since the digital asset market is always open, unlike traditional sectors that are only open during defined time periods — i.e. 5 days a week, that too between 9:30 a.m. to 4 p.m.

Why crypto trading apps are changing the game…

As mentioned previously, the crypto sector remains live 24/7, allowing users to capitalize on the volatility aspect of this market effortlessly. In this regard, most cryptos — including prominent ones like Bitcoin, Ethereum, etc — tend to witness daily swings ranging anywhere from 2%-15%, thereby opening up massive profit exposure opportunities that can be availed of by users via a host of mobile trading apps.

 

Also, quite unlike many conventional stock trading platforms that levy a massive transaction and brokerage fee, a majority of mobile crypto exchange apps offer commission-free trading, which basically means that investors do not have to pay any fee for facilitating their day to day trades (no matter how big or small they may be). If that wasn’t enough, most smartphone-based digital asset trading systems not only follow a 2-step verification process but also offer additional functional options such as a cold storage facility and insurance against cybersecurity breaches.

 


Lastly, these apps, more often than not, utilize intuitive user interfaces (UIs) that are not filled with technical jargon and are extremely easy to navigate. In essence, they are free of the rigid hierarchies plaguing most offerings made available by traditional finance institutions  

Some amazing options worth considering

Binance

One of the clear market leaders today, Binance has been leading the crypto roost since 2017. The platform’s novel trading app extends a wide range of useful trading services for android as well as apple smartphone users. And, owing to its massive customer reach, the application is able to not only offer an extremely high level of financial liquidity but also offer other useful features such as live trade histories, open orders details, etc.

Atani

Over the last couple of years, a number of highly attractive trading apps have made their way into the market. For example, Atani, an all-in-one secure (non-custodial) crypto platform, offers investors across the globe with a mobile trading app that enables them to trade over 1,500+ tokens — all while allowing them to connect to 20+ crypto exchanges seamlessly. 

 

Atani’s mobile app also features a live portfolio tracking module as well as a number of advanced Tradingview tools. If that wasn’t enough, the platform also features a ‘Set Market and Limit Order’ option as well as the choice to cancel open orders.

KuCoin

Another OG of the crypto trading game, KuCoin has made the exchange of digital assets extremely hassle-free for users across the globe. In addition to allowing users to buy, sell, and store a wide range of cryptocurrencies, the platform also enables users to utilize its native token offering — i.e. KCS — to mitigate potentially large transaction fees as well as earn lucrative rewards on the fly.

Tab Trader

One of the world’s most widely used independent crypto trading terminals offering seamless integration with popular cryptocurrency exchanges such as Binance, Bitstamp, Coinbase, Tab Trader is for users of Android as well as IoS smartphones. In terms of its features, the platform comes replete with a market order, stop-loss, and limit order module, amongst a host of other amazing features.

The road ahead

With the crypto market projected to grow at a CAGR of 11.1% between 2021-2026, it stands to reason that as we move into an increasingly decentralized future — where digital assets will co-exist with various traditional assets — more and more people will continue to make use of mobile-based crypto trading apps. Therefore, it will be interesting to see how things continue to shape out for this fast-evolving space from here on end.

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