With more options than ever, it can seem like you’re spoiled for choice these days when it comes to the best app to buy crypto.
However, some apps were made to outshine the rest! This article explores the best apps to buy crypto in terms of supported currencies, convenience, features, security, and more. Let’s begin.
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10 Best Apps to Buy Crypto
The best app to buy and send crypto essentially depends on what you’re looking for in an app. We’re going to list exchanges, card providers, neobank platforms, and more in our search for the right solution for your needs.
No list would be complete without our own neobank platform, CryptoWallet.com!
CryptoWallet.com is a revolutionary crypto neobank that aims to bring literally any cryptocurrency under the sun to the same level of mass adoption as the dollar or euro. Join us on our mission to make crypto adopted anywhere and everywhere!
Our products include a groundbreaking crypto card with the most supported cryptos on the market, low fees, real and market rates, as well as a buy/sell service, B2B onramp/offramp services, and more. We think that this is the best app to buy crypto with credit card or debit card available, as well as offering wire transfer or crypto-crypto purchases, and all the added functionality mentioned above.
Coinbase is an industry titan for a reason. One of the first major exchanges to hit the market, CoinBase has been praised for its easy-to-use interface that has served as the entry point for many retail traders to crypto. It’s the largest US crypto exchange and was the first stop for arguably a majority of US-based crypto users when beginning their crypto journey.
Whether Coinbase is the best app to buy crypto with a debit card or credit card is entirely up to you – it’s not cheap, and the higher-than-average fees are essentially the tradeoff made for the convenience offered by the exchange. Over 400 cryptocurrencies are supported, and the platform offers staking and earning opportunities as well.
Crypto.com was a major player in the crypto space a few years ago, and remains a heavy hitter to this day. The app offers a crypto card with 80 supported cryptocurrencies and 20 fiat currencies. In total, around 250 cryptos are supported on the exchange for buying and selling.
Crypto.com was forced to shut down institutional services in the US in June 2023 due to limited demand, and faced backlash earlier in the year from customers for slashing its staking rewards. While it has diminished in popularity, it remains a solid option for buying crypto online.
Binance is arguably another controversial option when it comes to the best app to buy crypto, and is facing a lawsuit from the US Securities and Exchange Commission which has sought to freeze the exchange’s US assets in light of fraud allegations.
However, Binance is the largest crypto exchange in the world for a reason, with low fees and a wide variety of supported cryptos to choose from. The exchange also offers staking options and a crypto card with 15 supported cryptos. Fees on Binance are 0.5% for instant crypto purchase, but if you wire transfer funds and buy from there, they’re much cheaper at around 0.1%.
Gemini is a US exchange with a sleek, simplified UI that makes it easy to operate. Like with Coinbase, the tradeoff here is much higher fees than seen on the likes of Binance at 0.5% maker fee.
If you’re seeking the best app to buy crypto with credit card or debit card, the fees here would be quite high for frequent use, but it’s a good option to simply sign up and get started with crypto quickly.
eToro is an Israeli exchange that deals in many assets as well as crypto. Over 3000 assets are supported, including 24 cryptocurrencies, 2,090 stocks, and 268 ETFs. eToro also has a copy trading feature that allows you to copy trades made by other high-profile traders, including those trading crypto.
The platform charges a 1% fee for buying or selling crypto, plus withdrawal fees.
Kraken is the third US-based exchange on our list. Fees are 0.26% for buying crypto, about half that of Coinbase. This makes Kraken one of the cheapest exchanges for maker orders on our list, cheaper even than Binance, although it’s worth noting that all of these exchanges tend to have more than meets the eye when it comes to fee structures. Depositing and withdrawing funds can be costly, discounts can be applied for using native platform currencies, and more.
Having said that, Kraken remains an attractive low-cost option for buying crypto.
OKX gets some points for running a hybrid centralized and decentralized exchange solution for you to use.
A centralized exchange (CEX) is one run by a company that has control over the assets and brokers trades, relying on their own asset reserves and market makers, whereas a decentralized exchange (DEX) facilitates direct peer-to-peer trading and does not require oversight from a third party.
The maker and taker fees are only 0.8% and 0.1% respectively, both of which are considered low.
Uphold is an assets exchange that, like eToro, offers a diverse range of assets including 200 cryptocurrencies. Uphold has a very low minimum deposit of just £1 GBP, marketing itself as an easy entry point to the crypto market for new users. It supports credit and debit cards, Google Pay, Apple Pay, and other payment options.
However, fees are very high. While they vary based on your location and the type of transaction you’re making, Uphold may have the highest fees on our list, once again opting for convenience over cost effectiveness. But hey, sometimes you just want to buy some crypto right away!
Bitfinex is a low-cost crypto exchange that supports the US dollar, the euro, the Japanese yen, GBP, and offshore Chinese yuan. Maker fees are reasonably low at 0.2%. Bank deposit fees are 0.1% of the deposited sum, and the exchange supports over 170 cryptos at this time.
Having launched in 2012, it’s one of the oldest and most liquid major exchanges out there, and an excellent choice for buying crypto.
What to Look for When Choosing the Best App to Buy Crypto?
There are a number of important considerations at play when choosing the best app to buy crypto, including:
- Transaction fees
- Availability on multiple platforms (iOS, Android, web).
- Range of supported cryptocurrencies.
- Variety of payment methods (credit/debit cards, bank transfers, etc.).
- Real-time price tracking and alerts.
- Option to buy and send crypto to external wallets
- Security features such as two-factor authentication (2FA)
Consider this. Do you want an app that will let you buy and store crypto, and nothing more? Or are you looking for an all-round solution that has added features? Are you aiming to use a credit card for instant purchase, or wire transfer? What are you willing to spend on fees? Take a look at our list of apps and consider the above points in this section when making your final decision.
Here’s why we think CryptoWallet.com really is the best app to buy crypto.
Fees are low, and our crypto card fees are the lowest in the whole market. Speaking of, the crypto card you’ll be able to order in Q4 of 2023 will have the most supported cryptocurrencies in the world, and direct spending, unlike many competitors.
There are a variety of payment methods, 2FA, funds are insured in case of a security breach, and a wide range of supported currencies. Why do we have all these features? We saw what our competition was missing, and we improved on their work. It’s as simple as that.
CryptoWallet.com is new, and has had the benefit of learning from the mistakes of other crypto apps, allowing us to offer an up to date solution that provides everything you need in one place. Sign up for your CryptoWallet.com account here!