Remember the time we used to carry real cash? Sounds ancient, isn’t it? The current world is all about online payments through cards and apps. However, cryptocurrency is also gaining popularity, slowly but surely. 

The world has evolved so much over the centuries, starting with coins, then currency notes, and now we have digital money that can’t be seen but can be cashed. If you are a beginner in the world of cryptocurrency, then we’re here to help. 

Several apps can help you understand how cryptocurrency works and how it can be traded. The idea is old school like that of a stockbroker, but since it’s a revolutionized era, you deal with online data instead of a person, and the chances of being scammed are close to zero. 

So, if you’re a beginner, we have compiled a list of the best apps to track cryptocurrency that can help you slide right into the crypto world to buy, sell, and track on your terms. 

Best Apps to Track Cryptocurrency for Beginners

The internet is packed full of apps and software designed to trade and earn cryptocurrencies. However, not every app is beginner-friendly. 

Therefore, we have done a little research and compiled a list of the best apps to track cryptocurrency that beginners can use: 

Exodus

Exodus is a highly trusted mobile and desktop crypto tracker. It allows the users to easily send, receive, and exchange cryptocurrencies. In addition, it offers the largest collection of cryptocurrencies with an easy interface. So, the newbies can feel welcomed in the crypto world. 

The platform supports more than 150 currencies that have seven different blockchains. You can purchase, sell and even swap currencies within the internal exchange. Furthermore, Exodus has partnered with FTX. This gives users direct access to the cryptocurrency exchanges and hence facilitates the transactions between the two.  

Moving on, Users can also send, receive, buy and sell Non-Fungible Token via Exodus. It is possible because of a partnership between Exodus and Magic Eden. Plus, it is available on both mobile and desktop platforms. NFTs share the same mechanism as cryptocurrencies and likewise, it is a growing market. That said, the NFT transactions take place on Solana Network. Hence, a minimum reserve of 0.01 SOL would be required to complete a transaction.  

Furthermore, it provides its users with a professional level of control over each feature to manage their earnings and investments in an organized way. With this app, you can multiply your wealth and have complete control over it without any safety issues.

The app offers live charts, updates, and an extensive portfolio that helps you build more money and connections in the crypto world. It can easily be considered one of the best apps to track cryptocurrency for beginners because of its several built-in features and quick tap exchange.

Pros:

• Available on mobile and desktop
• Supports hardware and crypto wallets 
• Simple and easy interface 
• Integrated crypto exchange
• More than 100 cryptocurrencies are available 
• Allows users to keep private keys 

Cons:

• Does not have a two-factor confirmation system
• High transaction fee 
• No support for multi-signature addresses 

CoinBase

CoinBase is a user-friendly app where you can buy and sell crypto assets and keep your portfolio updated. This app also allows you to earn different cryptocurrencies just by learning more about them. It is to promote the usage and trading of cryptocurrency among the younger generation. 

Furthermore, the application supports more than 100 currencies and the number is growing regularly. Users can also get interested if the balance is eligible or earn a small amount via Coinbase Earn. Plus, the platform also has a paid version which offers a lot more features at a reasonable price.

Moving on, new users would appreciate the convenient and simple sign-up process. It is similar to opening a new brokerage or online bank account. You would have to upload relevant documents and in just a day or two, the account would be verified.

That said, some users might feel skeptical about the fee schedule. The platform has removed the fee structure from the website which is not encouraging. Albeit, users get to see the charges before going through with the transaction. But we would have appreciated it if the platform had a uniform, printed fee schedule like it did before.  

Be it android or iOS, you can download the easy-to-use CoinBase app to trade different currencies in one place. It also allows you to maintain a cryptocurrency trading portfolio within the app so you can have a reliable profile. Most dealers only like to trade with profiles that have a strong cryptocurrency portfolio. 

Moreover, this app also keeps you up to date with the crypto price alerts daily. If you want to make a one-time investment or want to make a recurring investment. Then CoinBase also provides you with an easy daily, weekly, and monthly schedule.

Pros:

• User-friendly interface with easy navigation
• Easy purchasing process 
• Daily update alerts for all the users
• Bitcoin and Ethereum price alerts
• Rewards for getting educated about cryptocurrency 
• Offers access to around 100 different cryptocurrencies

Cons:

• The higher fee for beginners 
• Requires access through complex platforms for a low fee

Blockfolio

An app that helps you manage your cryptocurrency purchases but also lets you earn them? BlockFolio does exactly that! Not only does it help you track and earn money, but it also helps you save your digital money from being wasted. 

It now goes by the name of FTX and is one of the best apps to track cryptocurrency.  It is trusted by more than 6 million people. The app keeps you up to date with the latest prices of up to 10,000 cryptocurrencies. While such high variety opens new opportunities it also makes things different to track. Fortunately, this cryptocurrency portfolio tracker tracks even the smallest amounts of obscure coins so the users can mitigate the losses.

Furthermore, as a crypto trader one needs to be familiar with the information that can affect the trade. And also, one must be agile to make the trade when the situation is right. FTX offers both. Users provide news information that can potentially affect the value of a currency. Plus, it has lightning-fast speed when it comes to augmenting trading activities.

Downside? It does not have a desktop version. While the interface of the application is seamless, sometimes the small screen just does cut it.

Moving on, with Blockfolio’s easy-to-use mobile app, tracking your crypto and getting price updates is super easy even when you are on the go. No matter where you are, your crypto investment portfolio will always be right in front of your eyes. 

The best part? it rewards its users with one free crypto coin on every trade over $10. It has a straightforward and simple design that is ideal for newbie crypto traders.

Pros:

• Simple and user-friendly design 
• Has an active reward system for trade 
• Easy payment process 
• Vast portfolio and updated crypto news 
• Supports a wide variety of cryptocurrencies 

Cons:

• Crashes on some mobile systems 
• Not available for desktop computers

Gemini

Another Crypto coin tracker app is Gemini which is one of the few easy apps like coinbase. It has a beginner-friendly interface with an easy-to-understand menu making it perfect for newcomers. You can easily manage your coins, trade records, and schedule investments in this app. Read this Gemini exchange review and learn how to use the app and much more.

Given the unregulated nature of cryptocurrencies, most newcomers are too afraid of scams and cyber-attacks. However, with the hot wallet insurance offered by this platform, the newcomers have some level of reassurance. Not that breaching its security is piece of cake, but even if happens, the currencies of users are insured.

Furthermore, its safety and reliability have earned it global recognition as one of the best apps to track cryptocurrency. It allows you to buy and sell cryptocurrencies nationwide without the worry of getting scammed or hacked. 

The only negatives about this platform are that it offers lesser currencies compared to the competition. Although all the major currencies are available, some users might want to invest in less popular assets. Furthermore, its fee structure is also a bit different from other platforms. Instead of having a tiered system, the application charges based on each transaction which can be inconvenient.

Moving on, this industry-leading app has been fully regularized in the U.S. for trading cryptocurrency officially. With Gemini, you can instantly look at your crypto bank account, portfolio, and news alerts about the crypto world. Even though it has a complex fee structure, users get the hang of it once they start using it. 

Pros:

• A no-nonsense user interface 
• One of the most trusted and reliable trading platform
• The best app to track cryptocurrency prices and other updates 
• Regularized in all 50 states
• Deals in 50+ digital currencies

Cons:

• Very high and confusing fee structure

Navexa

Navexa is a portfolio tracking & management app which lets investors and traders track & analyze stock & crypto investments together in a single account. Navexa is available on web and mobile, and is one of the few such platforms to offer comprehensive performance tracking (as opposed to limited capital gains or price tracking). 

You’ll never have to worry about being in the dark about your portfolio performance again. With powerful analytics and reporting tools, you’ll be able to see your portfolio grow in real-time. Plus, Navexa’s customer service team is renowned for being responsive, helpful and supportive.

Navexa was initially created to help Australians track their stock investments. advanced analytics and reporting tools (like portfolio contributions and income trend analysis) make it easy to understand how your portfolio is performing. 

With Navexa, you track of all investments in a single account. You can analyze your portfolio and make data-driven decisions with insights from the responsive charts, analytics tools, and reports; get forecasts for capital gains and dividends, portfolio contributions and diversification analysis to help you plan for the future. Through understanding how time, taxation, fees, and income impact your portfolio, you can make more informed decisions about your investments.

Pros:

• A free portfolio tracker
• Quick to set up and 100% automated
• Real-time updates on your portfolio and holding performance
• Connect with other investors via the Navexa community
• Secure, independent, reliable
• Get a combined view of all your investments in one place
• View your performance over time and track your progress
• Get real-time updates on the market prices of all your holdings
• Stay informed about important news and events affecting your investments

Voyager

The app voyager was designed to make the crypto trade easy for beginners. This commission-free app allows you to earn up to 9% rewards on every purchase using the Voyager debit card. Their reward system is the easiest and most appreciated by its users because of its ease. 

Furthermore, it also allows you to earn up to 12% of annual awards on 30+ digital assets. It also has no limits and no lockups. So, you can feel as free as possible while investing and earning cryptocurrencies. With an advanced protection system, you can trust the app with your assets and continue to multiply your wealth. 

The downside to this platform is that it does not have integrated exchanges. You have no control over how the trades are executed. However, Voyager have Smart Order Router which connects to 12 exchanges. Hence, users would have to wait too much for order execution.  

Besides that, Voyager provides a sufficient profit to its users by simply holding their wealth in the app for a long time. It also features the best crypto portfolio tracker to make the crypto experience a lot easier for beginners.

Pros:

• Easy and simple interface for beginners 
• USD and FDIC insured
• More than 60 listed cryptocurrencies
• Low minimum deposit 
• Instant bank deposits 

Cons:

• Lack of self-custodial function
• No on-call customer care 

eToro

For short-term crypto trading, eToro is the easiest and most reliable option. It mainly focuses on short-term trading rather than long-term trading. Among the many benefits of the app are the clear yet strong portfolio system and an ever-expanding variety of online currencies. 

Not only that, but eToro also offers investment opportunities in ETFs, stocks, and CFD trading. It is an all-in-one app for people who like to invest their money in different businesses and cryptocurrencies without worry. 

Moreover, the app also provides cryptocurrency alerts and valuable data to its other users to help upgrade their strategies. The company believes in complete transparency and keeps making efforts to educate its new users. It is considered the best crypto tracker for people who like to have an extensive trading portfolio.

Pros:

• Provides free ETF, forex, and stock trading
• Innovative social trading opportunities 
• Easy account sign up process 
• Regulated by the FCA and CySec
• Low minimum deposit rate 

Cons:

• High fee structure 
• Only one account base currency

Delta

If you are looking for a fuss-free crypto investment tracker, then Delta is what you are looking for. It has a user-friendly interface that is ideal for beginners. The multi-asset investment tracking app lets the user manage different investment portfolios along with tracking their live performance. 

It is currently being used in 115 countries around the globe and is trusted by its users because of the transparency and safety it provides. Delta exchange is known for keeping its app always up to date according to the demands of the users. 

Pros:

• Beginner friendly and widely available 
• Multi-asset investment opportunities 
• Easy portfolio tracking 
• Offers live support to users 

Cons:

• Low bitcoin contracts 
• No support for Fiat currencies 

BlockFi

If you are looking to multiply your money by investing but don’t know where to start, then BlockFi may be the best option for you. This app allows you to earn up to 7.5% profit on your crypto money. It also provides you with the best crypto portfolio manager, so you can always have a look at the current status of your earnings and trading. 

You can easily invest in stable coins like USDC and GUSD to earn a high-profit rate. If you don’t want to make a new portfolio on BLockFi, then you can also use your previous portfolio and earn up to 4% profit. 

With BlockFi, you do not only buy and sell your cryptocurrency, but you can also earn just a few easy steps. It is also the first app to release a bitcoin reward master credit card that can help you earn 3.5% bitcoin on every purchase. 

Pros:

• One of the few free cryptocurrency apps with no trading fee
• No minimum deposit limit 
• Available in 49 U.S. states 
• Easy, one time and recurring trade options
• Easy for beginners and intermediate users 

Cons:

• Not available in New York 
• Limited digital currency options

Blockchain.com

Blockchain is undoubtedly the most famous and best crypto tracking app that has been around for quite some time. They have recently launched a beginner-friendly version of the mobile app that has a simple interface for newcomers. If you are new to the world of crypto but want to work on the most trusted platform, Blockchain is the app to go for. 

The company boasts about $1 Trillion in crypto transactions along with its trusted customer base. It has the easiest yet most powerful crypto wallet in the digital world. You can easily earn, sell and buy crypto on this app with up to 13.5% in rewards. 

It is easy to use at home or on the go, so your earnings and spendings are with you in a clear portfolio at all times. It has three base currencies; USD, EUR, and GBP, so you can have a variety of options when it comes to investing or withdrawal. 

Pros:

• More base currencies 
• Trusted around the globe 
• Lower trading prices that industry standards 
• Easy for beginner and intermediate crypto-traders 
• Highly protected 

Cons:

• The unreliable customer service team 
• Some in-demand cryptocurrencies are not available

WeBull

Lastly, people who like to stick to simple apps with the most benefits can thoroughly enjoy WeBull. It has a sleek and easy-to-use mobile app that most young users prefer. It provides easy investment opportunities in cryptocurrency, stocks, options, and margins. 

It only charges 1% spread charges and zero charges for cryptocurrency trade. It makes it easier and more appealing to new users who don’t want to invest a lot of money just yet. The fully digitized and easy account opening is a plus point, qualifying it as one of the best apps to track cryptocurrency for beginners.

However, if you already have a WeBull broker account, then it is really easy to use. Because of the easy-to-use feature and low trading cost, this app has users from the U.S., India, Turkey, Brazil, Philippines, Japan, China, Malaysia, and South Korea.

Pros:

• Quick, accurate, and digital 
• Protected space to trade and earn cryptocurrency 
• Best crypto portfolio app with easy features 
• No trading fee 
• No minimum deposits rates
• Retirement saving options

Cons:

• High wire transfer cost
• No news alerts or cryptocurrency education 

In Short

There are several apps that are designed specifically for beginners to make their investment journey easier. Choose the one that fits your needs to make a strong investment portfolio.

FAQs 

What Is a Cryptocurrency App Used For? 

Cryptocurrency apps have multiple features. Though their main purpose is to transfer money, they also have options and guidelines that help with investments, making deals, and selling cryptocurrencies. 

They act as your virtual wallet as you can also withdraw your cryptocurrency in the form of real cash. Cryptocurrency apps are easy to use and offer full control over your earned and invested money. 

Are Cryptocurrency Apps Safe to Use?

The answer is yes and no. Some companies offer a genuine crypto exchange, but their app might not be that secure. Your personal data is always exposed, which can be stolen. 

Such platforms can also allow malware and viruses in your device if the app is not properly protected. On the brighter side, unlike mobile or web wallets, there is no third-party involvement, so your data remains safe if the app is trusted.

How Do I Sign Up for a Crypto App? 

Different apps have different requirements to make a crypto account. Some apps allow you to use their service without giving away personal data or upholding your identity. 

But now, the U.S. government has taken the initiative for users to provide their name, date of birth, mailing address, social security or ID-card number, and photo to avoid money laundering and other fraudulent activities.

What Is a Crypto Portfolio? 

A Crypto portfolio is basically software through which you can keep track of your digital investments. It has a feature that offers analytical tools to help you trace your coin’s performance at every stage. 

They also show you live feeds regarding the pricing upgrades and changes that happen in the cryptocurrency world globally. The stronger your portfolio will be, the more deals you will be able to get. 

Which are the best apps to track cryptocurrency?

We have shared a list of the top ten best apps to track cryptocurrency. You can choose an app that suits your needs and investment plans the best. 

For beginners, we suggest CoinBase, Gemini, BlockFi, and eToro . If you are on an intermediate level, then WeBull, BlockChain.com, Exodus, BlockFolio, Voyager, and Delta are your best fit.

Conclusion 

Cryptocurrency can be confusing, and it can be slightly worrisome, too, especially if you are a beginner. These are some of the best apps to track cryptocurrency that can guide you on how and when to invest your money.

Their tracking systems are efficient and offer complete transparency, so you can be confident about using these apps. In addition, most apps provide free education about cryptocurrency to help you build a strong portfolio.

Feel free to step into the crypto world using these apps without feeling intimidated and become a professional cryptocurrency trader!

___________________________________________________

Some other articles you might find of interest:

Make your business rock with these business plan writing skills:

Startup’s Guide to Write a Business Plan

Would you like to know how investors value a startup?

How Do Investors Value a Startup?