Cryptocurrencies have been gaining a considerable amount of attention in recent years, both from the mainstream media and from those who are looking to keep up with the latest developments in tech. While learning how to use cryptocurrencies is not as simple and straightforward as using fiat currencies (regular money), there is now a range of apps which can help you to manage a cryptocurrency portfolio with ease.
Coinbase has come to be regarded by many as the primary exchange upon which to trade Bitcoin. This is often the first port of call for those who are trading crypto for the first time, regardless of which coin type they are trading in. The Coinbase app provides users access to the platform on the go.
As well as providing a trading platform, the app also allows users to buy and sell currencies, track prices, and even act as a wallet for your cryptocurrencies. If you find the variety of different currencies on offer a little overwhelming, you can check any of the numerous online sites like Crypto Head for advice on which is the best for you to start your portfolio.
CryptoTrax is a great app for people who have plenty of cryptocurrencies saved up but aren’t sure what they should so with it. By inputting your transactions into CryptoTrax, it will track the value of your current holdings, while also giving you a prediction for your expected profits and losses.
Those who are hesitant about investing in Bitcoin because they don’t know how to manage their funds once they’ve got them should consider whether CryptoTrax might make all the difference. Those who are concerned about the volatility in the market and want to be able to dump their holdings quickly in the event of a crash will appreciate the automatic price alerts when a currency’s value rises or drops past a certain point.
This is the same company behind Enjin Coin, the first cryptocurrency based around gaming. Naturally, Enjin Wallet supports Enjin Coin, but it also supports most other major cryptocurrencies, certainly all the ones you would expect to find.
Security is clearly a big concern here, but the app even allows users to input characters using Enjin’s proprietary secure keyboard. This keyboard randomizes the position of keys, therefore, successfully defeating many of the most common keyloggers.
This is another wallet app from one of the major players in Bitcoin. The BTC.com wallet app features an elegant and simple design, contains all the necessary security features that you would expect, and features some of the best transfer fees you will find in a mobile app. The BTC.com app is just as well suited for experienced users and newcomers alike. The ease of use means that it is quick to pick up, regardless of prior experience.
Many people are put off from investing in cryptocurrency because they aren’t sure how to manage their funds once they have acquired them. While cryptocurrencies might be a little confusing at first, you can pick them up relatively quickly with the help of an app.