For a variety of reasons, 2022 has been a difficult year for the cryptocurrency market and for investors who dabble in it. Not only did prices fall repeatedly due to macroeconomic forces, but a series of shocks (e.g. the collapse of Terra and the failure of FTX) created more negative volatility than most traders and companies had counted. More than anything, these shocks underscored the pressing need for investors to keep up with the market, able to read charts and news to get an idea of where prices might be going.
For starters, keeping up with the market must seem daunting. Fortunately, there is a wide and growing variety of resources out there for newbies to learn how to make their way in the sometimes scary world of cryptocurrencies. This article collects a selection of them in the 10 best cryptocurrency apps of 2023. These range from apps for the latest price data and technical indicators to apps that teach you the basics of cryptocurrency trading. Together, they should provide traders with the best possible springboard to beat the market.
Table of Contents:
1. Coin Statistics: Crypto Tracker
Do you have cryptocurrency holdings spread across multiple exchanges and wallets? Then Coin Stats is probably the app you’ve been waiting for. It is a portfolio monitoring app that allows you to link all your different exchange and wallet accounts to provide a single overview of all your holdings.
It works with Coinbase, Binance, MetaMask, and numerous other exchanges and wallets (including DeFi portals), while you can also use it to trade the cryptocurrency you hold on supported external platforms. Plus, it also offers alerts and news aggregation, making it arguably the best cryptocurrency app overall.2. CoinGecko
Obviously it makes little sense to buy a cryptocurrency without knowing its recent price history, and CoinGecko is one of the best apps to find out such information.
Just like its website, the CoinGecko app provides a ranking of the best cryptocurrencies by market capitalization, including their movements over the past 24 hours (and more). Individual charts for each cryptocurrency can be viewed and edited to see its history in various time frames, while you can also build your wallet and keep an eye on how it’s doing.
Other interesting features include the ability to track derivatives markets, the ability to set price alerts, access to the latest cryptocurrency news, and a calculator to convert different assets and estimate earnings. It also offers home screen widgets, so you can see the latest pricing information without having to open the app itself.
All in all, it is very easy to use and can be customized according to the needs of each trader. Highly recommended if you want to keep up with the latest market developments.
If you are a serious cryptocurrency trader who needs a wider range of technical indicators, then TradingView should really be one of your first points of reference.
It covers pricing data for a wide range of assets (not just cryptographic) over multiple time frames, but also allows users to analyze that data in a multitude of ways. You can enter comparisons with other assets, add technical indicators such as moving averages and relative strength indices (and many, many more), as well as draw and annotate charts. Together, such tools help traders get a sharper sense of market timing and opportunities.
In addition, TradingView has also turned into something of a social network for investors in recent years. Its app (and website) allows you to publish or read trading blogs, while you can also post livestreams.
Great for intermediate and experienced traders, but also great if you’re a beginner trader looking to advance a bit.
4. Binance Academy
Binance Academy is the app version of the website of the same name. Operated by the world’s largest exchange by volume, Binance, offers small-sized articles on key topics, assets, and areas in the cryptocurrency world. If you want to know what a cryptocurrency is and what it does, for example, you can check out the app, while also presenting more in-depth pieces that explore broader topics.
While the app works as a kind of glossary or dictionary for cryptocurrencies, it also includes useful guidance on cryptocurrency security and trading strategies as well. Yes, it might be geared a bit towards Binance, but it’s surprisingly comprehensive for a free app.
BitPay is a great cryptocurrency app if you really want to spend some of your bitcoin and ethereum, rather than watching them rise (or fall) in value. It’s basically a software wallet, but with the added functionality of allowing you to use your holdings to buy things from merchants on BitPay’s network.
Not only that, but BitPay now offers a debit card that allows you to transfer your fiat cryptocurrency to the point of sale. And you can use the app to buy gift cards/vouchers with a bevy of international brands (Amazon, Uber, Google Play, etc.)
It really can’t be emphasized enough how fast the cryptocurrency market moves. Not only in the sense of price movements, but also in the sense of news, launches, updates and other developments. And just as traders will want to react quickly if a cryptocurrency they are keeping in tank, they will also want to get a warning of something big on the horizon.
Well, CryptoPanic is a cryptocurrency app to help them stay up to date on almost everything in crypto. It’s an aggregator for cryptocurrency-related news sites, so even if you have a favorite website that you tend to turn to for breaking news, it will help you fill in all the gaps (and no single site can be completely complete). Yes, its interface is a bit simple, but it offers various useful features, such as the ability to add bookmarks and vote important news.
There are a lot of crypto-exchanges that we could have featured on this list. However, its Coinbase and its app that we will include, if only because it is consistently rated as the best exchange in general, especially for beginners and intermediate traders. Its app is also extremely fluid and is definitely one of the most user-friendly around.
As with the desktop-based site, you can trade over 100 cryptocurrencies, including major coins like Bitcoin, Ethereum, Solana, and Avalanche. The charts and information are laid out clearly, so you can quickly get a strong idea of how a particular market is doing. In addition, it offers very responsive customer service and is available in most countries.
As with Coinbase, there are now a wide range of cryptocurrency wallets available to the public, but its Exodus and app that it recommends more strongly. As a wallet, its app will store private keys for your cryptocurrencies, allowing you to transfer them from exchanges and hold them securely on their respective blockchains.
Exodus is clearly structured and presented and supports a large number of cryptocurrencies. When paired with its built-in exchange features (which allow you to buy or sell cryptocurrencies within the wallet interface) and support for hardware wallets, it’s one of the best app-based software wallets in town.
9. Signals – Crypto
While Signals – Crypto offers many of the price data charts of other apps, what sets it apart from the crowd is that it also provides automated trading signals. This means that it uses an algorithm – and various data – to calculate the best times to buy or sell a given cryptocurrency. The user then receives the signals in their dashboard, allowing them to buy just before a rally or sell just before an accident.
In addition to offering a range of charts and data, reporting is all it does, but it has received a variety of authentic and positive reviews on the Google Play and Apple app stores. It’s a subscription-based service, so be prepared to pay around $35 per month.
10. Bitcoin Simulator
If you are a complete beginner in cryptocurrency trading, then Bitcoin Simulator could very well be the app for you. It’s designed as a way to give newcomers an idea of what it will be like to invest in the market, with the app allowing users to make dummy trades, with no real money involved. It tracks market data in real time, so prices behave exactly as they really would. There are also a number of challenges included, thus providing a gamified experience that motivates users to learn more.
Other welcome features include the ability to practice short selling, to view portfolio history and all-time gains and losses, and even daily and weekly rankings. This last feature really helps you assess how you are developing as a trader, and along with the other features of the app, they provide an extremely comprehensive crash course in cryptocurrency trading.