The 5 best cryptocurrency apps and exchanges for April 2023

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The 5 best cryptocurrency apps and exchanges for April 2023

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Posted 18 April 2023 - 07:23 AM

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The 5 best cryptocurrency apps and exchanges for April 2023

There is always some level of risk assumed when you decide to invest your money, but a key way experts recommend mitigating that risk is to not put all of your eggs in one basket. In short: Investing in a few different asset classes can help you stay the course when some of your investments aren’t doing as well. Cryptocurrency is still somewhat of a newbie in the investing world, but many investors have added it to their arsenal, and thanks to digital crypto exchanges and apps, you can too. To get more news about best crypto projects, you can visit wikifx.com official website.

But where do you start and how do you choose a crypto exchange or investment platform?
To help make your decision a little easier, the Fortune RecommendsTM editorial team reviewed several popular cryptocurrency apps and exchanges. We weighed account minimums, the number of cryptocurrencies available to invest in, external wallet support, margin trading and staking and rewards-earning opportunities, educational resources, mobile app ratings, and customer service options. (Read our full methodology here.)
Here’s our rundown of the top 5 crypto apps and exchanges, including the key figures you should know before you invest. (Note: Minimum deposit requirements, fees, and other numbers in our list are up to date as of Feb. 15, 2023, and are subject to change.)

1. Crypto
About: Crypto was founded in 2016 and currently serves more than 80 million users worldwide. Through its extensive online trading platform, investors have the opportunity to securely buy and sell more than 250 cryptocurrencies and over 20 fiat currencies.
Crypto took the top spot on our list for its vast cryptocurrency offerings and services. In addition to its growing list of coins, Crypto is also one of a handful of exchanges that offers margin trading (although it is not currently available to U.S. customers). Crypto does offer wallet support and allows users to connect multiple digital wallets to its platform in addition to its DeFi wallet—a non-custodial wallet that gives investors full control over their crypto and keys. Crypto investors can also earn rewards on the Crypto platform by holding a certain balance in their exchange wallet.

2. Uphold
About: Uphold first launched in 2015 and currently serves more than 184 countries around the world, across more than 200 traditional currencies, cryptocurrencies, and commodities. The exchange currently serves over 10 million users in 150 countries worldwide.
3. Coinbase
About: Coinbase was first launched in 2012 and has grown to host approximately 108 million verified users in over 100 countries around the globe. The platform offers 248 different cryptocurrencies, as well as access to NFTs and a Coinbase card to earn crypto rewards.
Coinbase took the third spot on our list for its stellar customer service options and low account minimum. What’s more, this exchange also offers a self-custody wallet that gives you complete control of your crypto and the opportunity to earn rewards by watching educational videos about crypto and completing short quizzes on the material.