Best Apps for Bitcoin Lovers
Android and iOS apps have been critical to Bitcoin’s success. They allowed users to keep track of their favorite cryptocurrency from the comfort of their home. Given the recent surge in Bitcoin prices due to the pandemic, new apps are arriving that are helping users take advantage of the current bull market. Here are some of the most notable if you missed them.
With the rise in the price of Bitcoin, you may have made a big profit or want to join the crypto craze. However, when selling Bitcoins, you will find that withdrawals during exchanges take their time, and you will have to wait to lock in those winnings. A crypto ATM is therefore a better option to liquidate your crypto assets quickly. Note that the majority of ATMs are for purchase only, but you can quickly learn more about them using CoinATMRadar, a free Android app available both on the App and on the Google Store. It allows you to search for crypto ATMs near you, giving you information such as address, fees, and limits. In addition, you can also filter your search by room. For more information you can visit Bitcoin era.
Bitcoin gurus will tell you that the safest way to store your Bitcoin is by using a cold wallet – a hardware wallet not connected to the blockchain or any network that could compromise its security. But, these are impractical as people don’t wear them and are basically USBs that need to be plugged into a computer. Therefore, having a warm wallet can come in handy. But Trust Wallet is much more than that. It not only stores Bitcoin and other hundreds of thousands of crypto assets, but also allows you to trade, buy, stake, and donate them. In addition, its integrated browser allows a secure connection when using decentralized applications. All these features are free, available on the Android and the App Store.
With the volatility of Bitcoin, it can become difficult to follow its mercurial prices and monitor the evolution of your portfolio. This is especially important for those who are new to the crypto game and use Excel sheets to track changes. BlockFolio is an app that does all of this for you, making it easy for you to monitor your portfolio on the go. It is a beautifully designed free app available on Android and App Store that is easy to use. It has a plethora of features like a news aggregator that allows you to research Bitcoin trends from credible sources. Perhaps its most important feature is Alerts, informing the user of Bitcoin price movements as they occur so that you can lock in profits based on your trading strategy.
We are all aware of the time value of money, and Bitcoin is no stranger to it either. Many investors expect the value of Bitcoin to increase dramatically over time so that they can profit from its gains. However, during this time it is of no use. Unless you provide them and earn interest. This is exactly what the Celsius app on Android and iOS lets you do. You can provide Bitcoin and earn Bitcoin, but it won’t give you as much interest. If you choose to earn CEL Celsius token, you can earn up to 20% interest!
A mention of crypto applications cannot go with a mention of a crypto exchange. If you are tired of poor customer service and endless interruptions from other exchanges, then Binance’s Android or iOS app might be the right solution for you. It offers you to dabble in over 700 altcoins, including Bitcoin, and allows you to purchase them using your credit or debit card. It has the best liquidity of any stock exchange, allowing users to cash out their winnings quickly. You can even schedule recurring purchases to take advantage of price increases or if you are using a skimming strategy.
Recently, Binance integrated its crypto card into its app, allowing European users to perform crypto transactions. The service may soon be available to other users around the world.