Just like Forex, which is used for trading the fiat currencies, Crypto exchange platforms are meant for the trading of the digital currencies. It refers to the trading when a virtual currency is exchanged for another virtual currency a determined price. Trading can be done for acquiring specific altcoins or for making money on the margin by buying and selling the digital currencies.
This exchange of the cryptocurrencies can be carried out using exchange websites, desktop applications and mobile apps. Here’s a compiled list of 3 apps that offer trading of cryptocurrencies on the move:
It is a free trading terminal for crypto exchange like Coinbase, Bitstamp, Gemini, Binance and several other crypto exchanges. Founded in 2015, it today boasts of more than 400,000 users in more than 178 countries where traders can trade using limit order, stop-loss, take profit and settle position functions over a variety of crypto exchanges.
Binance was founded in 2017 by Changpeng Zhao and it is the fastest growing cryptocurrency trading exchanges in the world. Users prefer using the Binance because it is fully functional mobile app for iOS and Android operating systems.
It facilitates the trading of ETH, WTC, GAS, NEO, IOTA, BTC etc. For using the Binance app, you first need to create an account on Binance and after getting your registration done you can easily download their iOS app or Android app and start trading the cryptocurrencies at a go.
When it comes to volume of BTC/USD pair, Bitfinex is world’s No 1 exchange app. However, due to legal reasons they recently shut down their operations for US customers. It still operates in a few countries and some of the popular digital currencies facilitated by Bitfinex are Ripple, Bitcoins, Monero, Ethereum< ZEC, NEO etc. It supports Android and iOS and it is quick the liquidation.