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The 10 Best Cryptocurrency Apps for Beginners

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Ground Report | New Delhi: The 10 Best Cryptocurrency Apps for Beginners; There has been a flood of cryptocurrency apps created now that more and more people are starting to invest. Choosing a cryptocurrency app to guide you is overwhelming in the face of the dozens of different trading wallets and apps available.

The 10 Best Cryptocurrency Apps for Beginners

1. Gemini

Gemini allows you to trade several dozen cryptocurrencies and its reliability has earned the trust of new traders around the world. Gemini has also developed other features that make it more than just a trading platform.

Founded in 2014, Gemini is one of the most established digital asset exchanges in the United States and is known for its security. The platform has never been hacked and is one of the few fully regulated exchanges in the United States.

CoinBase

Coinbase is a leading cryptocurrency app. You can trade many different cryptocurrencies on Coinbase, including Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, BAT, USDT, and ZRX.

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Coinbase is beneficial for new cryptocurrency operators because it has a very easy to use mobile application. It has a friendly interface that is highly intuitive for beginners. You can manage all your trades from your dashboard and even earn rewards for specific currencies.

eToro

The eToro platform makes it easy to trade your cryptocurrencies, but it relies more on short-term trading than long-term trading. eToro provides valuable strategic data from your most successful online traders (other users) to help you make better decisions.

BlockFi

Instead of putting your money in a savings account and earning as little interest as possible, you may want to consider BlockFi. The platform claims that you can earn up to 3% -7.5% interest on your cryptocurrencies.

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WeBull

Unlike other apps on this list, WeBull offers cryptocurrencies in addition to other investment opportunities like stocks, options, and margins. One of the reasons newbies will love WeBull is its sleek mobile app that makes it easy to trade.

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The only downside to WeBull is the lack of news content that could help novice traders get established and learn more about their options. However, what it lacks in news content it makes up for in functionality and ease of use.

Blockchain.com

As one of the most popular cryptocurrency apps on the market, Blockchain has created a beginner app for anyone to get started. Blockchain supports a large number of cryptocurrencies and allows users to easily store, buy, sell, and manage their Bitcoins and altcoins.

Dogecoin 

The Dogecoin is one of the most mediated cryptocurrencies or cryptocurrencies of all time. You have probably seen in multiple media already great celebrities promoting this cryptocurrency that was initially created as a simple meme.

This coin was born as an internet joke that was based on a meme. The Doge meme is simply an image of a Shiba Inu, a breed of dog, which is often accompanied by different grammatically wrong phrases that often make fun of a situation.

USDCoin (USDC)

USDC is another example of Stablecoin as we mentioned earlier in the case of Tether. In this case, the companies behind the USDC are Circle and Coinbase, making it a solidly backed currency with a higher level of transparency than its competitors.

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USDCoin is a response to the need to have stable coins as bridges between the world of government money (EUR, USD, MXN, …) and the world of cryptocurrencies, but also as a response to the mismanagement of Tether as the only stable cryptocurrency.

Polkadot (DOT)

We could define it as a Blockchain project that tries to connect the different existing blockchains to a universal blockchain. It is one of the biggest current problems of the blockchain, the non-interoperability between the different chains (Bitcoin, Ethereum,…).

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The founder of the project, Gavin Wood, was part of the Ethereum development team, being at the same level of decision-making as the original founder of Ethereum, Vitalik Buterin.

Wood, motivated to create a project that would overcome some of the weaknesses and inconsistencies of the Ethereum ecosystem (scalability and interoperability among many other things), started the Polkadot project in October 2016.

Solana (SOL)

Solana is one of the Blockchain networks that has been gaining the most fame in recent weeks and it is more than justified. One of the big problems that are presented by the Blockchain ecosystem is the scalability itself.

Solana has managed to create a high-performance, fast network capable of executing a high level of operations per unit of time thanks to a unique method of ordering transactions. In turn, users will be able to pay network commissions with the native SOL token.

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