Top Cryptocurrency Apps to Look Out for In 2022
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The cryptocurrency craze will not cool down anytime soon, and all indications are that it will only pick up more momentum in 2022. However, traders looking to get into the crypto bandwagon need to start by knowing the best apps to use for their investment and trading.
Although almost every top-tier crypto exchange platform has an app to support on-the-go trading, there are several other crypto apps for supporting different aspects of crypto investment.
This article looks at some of the top cryptocurrency apps that beginner and experienced traders will need to watch out for in 2022 for successful crypto investment ventures.
The Coinbase app has been gaining a lot of prominence over the years, and is considered to be one of the best cryptocurrency apps out there for all kinds of traders.
Even with the market getting more competitive, Coinbase is still an application to watch out for in 2022. The platform already has more than 40 million users worldwide. Coinbase will continue attracting more as they keep improving the app to enhance user experience as it has been their trend over the years.
While the number of their traders rise, Coinbase still has one of the most secure and user-friendly apps globally, which explains why it will get even more popular. What's more, the app users can earn by simply learning about crypto and answering a few questions.
SoFi is a one-stop-shop for crypto traders as it provides a wide variety of products to give them enough ways to make a profit with their crypto.
The well-rounded SoFi Investment financial system allows crypto holders to buy and sell at least 5 different crypto types, save their crypto to generate interest yield and even borrow using their crypto as collateral.
SoFi is also a highly secure platform with minimal entry barriers as new traders can start with as little as USD 10. What's more, the app supports 24/7 trading to ensure round the clock exchange of crypto, ETFs, and fractional shares.
There is a lot of money to be made in the crypto world. However, some shady characters in the industry are always looking to steal from other traders through hacks and scams. RiseUpV2 aims to provide an all-in-one security solution to protect traders from all this.
The RiseUpV2 app is an innovative program that provides an advanced screening service for crypto contracts and wallets. Also, the app offers information on all aspects of an asset, contract, or transaction, including all the address information.
With RiseUpV2, traders are also educated on all the risks of crypto trading to ensure they can easily detect and avoid scams.
Every trader needs to take safety and security seriously when trading crypto. And as the risk factors and scams continue to increase as fraudulent projects come up with new tricks, apps like RiseUpV2, will be a must-have in 2022.
Although Cash App supports BTC only, it is still one of the most popular cryptocurrency apps. If past trends are anything to go by, its popularity will maintain an upward trajectory in 2022.
Cash App is a smart option for traders looking for an easy-to-use platform for buying and selling or even holding BTC. However, the app is one of the few crypto brokers out there that also supports the buying of fractional shares.
The app is quite beginner-friendly as there are no commissions, and beginner traders can buy small amounts of stock.
There are also other products and services on the app for those not into BTC trading, such as person-to-person payments support.
Robinhood targets beginner traders and other young people just starting their crypto investment journey. The platform claims not to charge any fees on crypto, stock, or options trading.
As trading becomes more expensive on other crypto trading apps due to hefty fees, Robinhood's popularity will increase significantly in 2022. There are already more than 10 million accounts on the app, and this number will continue to grow.
Moreover, the app allows crypto traders to exchange tiny quantities of digital assets, which is not always possible with other crypto apps.
What’s Next for Crypto Traders
Crypto traders need to ensure they have the right tools to make money from their crypto. These tools include an easy-to-use app for trading that charges low fees and other apps that will help them diversify their investment portfolio and avoid the many scams in the crypto industry.