Bitcoin is rapidly advancing on its way to become a global means of exchange, as many businesses started accepting Bitcoin payments. Therefore, an opportunity to buy BTC has become a must for many people who make online transactions, especially with those who live outside of their country.
Therefore, if you’re interested in buying Bitcoin, you need to use one of the available Bitcoin trading platforms. In this article, we’re going to present the best apps that can help you obtain your first BTC.
Mind you, some of the platforms aren’t available as a mobile app. Nevertheless, you can still buy Bitcoin on the go by visiting their mobile websites that work flawlessly on both Android and iOS devices.
Paybis is a very straightforward site that works best for complete newcomers to the world of cryptocurrencies. The design of the interface clearly states — your purpose here is to buy cryptocurrency with fiat money.
All you have to do is select your fiat payment method in the left-field and a cryptocurrency you want to buy in the right field. Once you confirm your transaction, the app will help you find BTC and you’ll receive your first Bitcoin in no time.
Apart from Bitcoin, the site also allows buying Ethereum, Litecoin, Ripple, Stellar, Bitcoin Cash, NEO, Tron, and Binance Coin. The payouts are fast, and limits are high, as you can spend up to $50,000 a month.
Coinbase started as a wallet and then transitioned into a full-time cryptocurrency exchange. In fact, it’s one of the most popular exchanges in the world right now, and its main focus is the US. The platform did something unexpected but logical – it re-introduced the concept of a wallet that you can download as a mobile app.
However, by downloading a wallet, you’ll also gain access to cryptocurrency trading features, meaning you’ll be able to buy and sell bitcoin in a convenient way. Moreover, you’ll get to send and receive crypto money from friends and merchants.
Coinbase also expanded the number of cryptocurrencies that are accepted on the platform. Although it started as a Bitcoin exchange, it grew into one of the most comprehensive crypto trading platforms, accepting all kinds of popular and not-so-popular cryptocurrencies.
The price you have to pay for using the most popular platform is high fees compared to other options. However, it would be an overstatement to say that Coinbase is expensive, as there are some much less affordable crypto exchanges out there.
Coinmama doesn’t have a mobile app, but you can still access it by visiting the site in your mobile browser. It’s a very popular cryptocurrency trading platform that comes with high-security levels and a great customer support team that’s ready to make your stay on the site comfortable.
The platform accepts Bitcoin payments and boasts high-speed limits. It’s also very beginner-friendly and easy to use.
The only disadvantage is that the site has rather high fees, especially if you use credit cards to buy crypto with fiat money. Moreover, the platform itself can charge an average of 5.5% per transaction, which many traders consider too much. Nevertheless, it’s the price you have to pay for high-quality service.
Apart from a cool name, Kraken comes with many great features, such as margin trading. It’s an excellent trading app, but it can be somewhat confusing to newcomers who are looking to buy their first BTC. Simply put, we wouldn’t recommend it as the platform that would welcome you into the crypto world, as it’s definitely a site you should consider visiting once you have enough trading experience. That way, you’ll be able to use some of the interesting features offered on Kraken.
It comes with all kinds of graphs, charts, real-time updates, and more. Put differently, Kraken offers a detailed overview of your trading activities and many other opportunities that may confuse newcomers but are great for those who have been in the business for some time.
In fact, Kraken has been around for quite a while and managed to build a decent reputation among traders. It has created a substantial userbase consisting of professional cryptocurrency traders.
Many consider Binance the leading crypto trading platform in many aspects, and some of them are confirmed by stats. Namely, Binance is the most popular exchange according to the number of users and trade volume. It’s where the party happens basically. Moreover, Binance has very competitive rates and supports plenty of cryptocurrencies.
Is it beginner-friendly though? As a matter of fact, Binance managed to solve the complexity issues by letting users switch between two different types of interface. One of them is simplified and easy to use, which is perfect for newcomers, while the other is complex and is great for experienced traders.
The only downside to Binance is that it has customer support that’s slower than usual. However, answers provided by the support team are overall considered helpful.
Final Thoughts: Which App Should You Choose?
There are no rules about choosing the right cryptocurrency exchange app. We suggest examine every single one and selecting the one that meets your needs. However, we can help you with the following piece of advice.
If your goal is to buy Bitcoin from time to time, you should definitely go for the easiest app to use – Paybis. On the other hand, if you want to actively engage in trading cryptocurrencies, then choosing one of the remaining four platforms is a better idea. Every platform will allow visitors to examine their interface without actually opening an account, so that’s where you should start.
All apps presented in this article are considered secure and trustworthy, meaning you don’t have to worry about your safety or the overall security of transactions. Instead, try focusing on their individual differences and available features that will make your crypto trading journey better.