In this article, we will go through the best trading apps for cryptocurrency trading.
Most exchanges and trading platforms offer trading apps. However, they differ a lot and, in this review, we will compare Binance, Huobi, eToro, and Bitfinex.
What features can you expect from a trading app?
A crypto trading app should at least offer features like buy and sell, view order book, use limit orders, markets orders, and stop-limit orders.
You should expect to be able to handle advanced settings in the app such as setting up the preferred currency, language, and color as well as the style of charting.
Binance app
The Binance crypto trading App is available on both, Apple App Store and Google Play.
What can I do with the Binance app?
● Buy and sell
● View trade history
● See open orders (Order book)
● See crypto holdings and equivalent in USD
● Using limit order, market order and stop-limit orders
● Customize the interface
What are the limitations of the Binance App?
● Limited charting options
● No signals
Huobi app
Huobi App is available on both popular App download sites. It has the best charting of the four and has contracts trading option.
What can I do with the Huobi App?
● Buy and sell
● View trade history
● See order book
● See crypto holdings and equivalent in USD
● Using limit order, market order and stop-limit orders
● Trade contracts
What are the limitations of the Huobi App?
● The interface isn’t very customizable
● No signals
eToro app
The eToro trading app, available for both iOS and Android devices, enables you to perform all of the actions available on the trading and investing platform and gives you notifications for relevant market events.
What can I do with the eToro App?
● Everything you can do on the classical eToro trading platform
● Receive notifications on trade execution and price alerts
● Customize all functions of the App
What are the limitations of the eToro App?
● There are no limitations
Bitfinex App
What can I do with the Bitfinex App?
● Buy and sell
● View trade history
● See order book
● See crypto holdings and equivalent in USD
● Margin trade
● Customize interface
What are the limitations of the Bitfinex App?
● No candlestick charts
● Only exchange buy/sell option
Can you get crypto trading signals on any App?
As stated, eToro has signals options in their App. Alternatively, if you are using some other mobile trading option, there are mobile Apps that have trading signals. One such example is Blockfolio, which filters signals in accordance with the user’s portfolio and cryptocurrencies whose prices he is following.
Conclusion
In this review, we compared the crypto trading apps from Binance, Huobi, eToro, and Bitfinex. We found that the Binance is usable and simple, while Huobi has the most options accompanied by contracts trading and great charting. Still, the Huobi App isn’t very customizable.
Meanwhile, eToro does a great job of mimicking the classic trading platform, offering every option that they usually offer.
Bitfinex falls short of other options in terms of charting since it still doesn’t have candlestick patterns, which is a huge downside. However, in other aspects, it offers a decent trading experience.