Since more and more individuals are beginning to invest in Cryptocurrencies, there's been a deluge of Cryptocurrency-related applications developed. However, with so many bitcoin portfolios as well as trading applications to choose from, it might be difficult to choose one that fits your needs.

Also Read: 6 Least Crypto Friendly Nations In The World

The explosive growth of Crypto-related solutions is a direct result of the growth of the Cryptocurrency community. This article lists the top Crypto applications that can help both long-term investors and day traders. Let's uncover the finest Crypto applications for newcomers, from trading as well as brokerage applications to portfolio trackers, market data sources, and even wallets.

Also Read: Which Trading Is More Profitable: Forex Or Crypto?

Here are 10 of the most popular cryptocurrency applications to try in 2022 for novices:

        1. Gemini

New traders all around the globe have put their faith in Gemini because of its secure platform and wide selection of digital currencies. In addition to its core trading functionality, Gemini has expanded to include a number of other useful tools. Gemini, which has been around since 2014 and is one of the most popular US-based digital asset platforms, also has a stellar reputation for security, making it among the most trusted places to buy and sell Cryptocurrencies. Aside from being one of the limited regulated exchanges in the United States, the site has never been compromised.

        2. Bitstamp

Bitstamp, launched in 2011 by Nejc Kodri, is a reputable Cryptocurrency trading platform. Bitstamp is a Cryptocurrency exchange based in New York with offices in the United Kingdom and Luxembourg. The company's stated mission is "Creating a Modern Financial Marketplace Available as well as Advantageous for Everyone via Cryptocurrency." Bitstamp has earned credibility by being audited on a regular basis by four of the top accounting firms in the world, holding a payment institution license in the European Union, and being regulated by FinCen in the U. S. BitGo also insures the remaining 2% of user resources that are not kept in cold storage.

        3. Coinbase

Most bitcoin users agree that Coinbase is the best application for buying and selling. In addition to Bitcoin and Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, BAT, USDT, as well as ZRX are all tradable on Coinbase. Due to its user-friendly mobile app, Coinbase is preferable than eToro for novice Crypto traders. It features an easy-to-use design that makes it perfect for newcomers. From your dashboard, you can keep track of all your trades and even accumulate incentives for certain Cryptocurrencies.

        4. eToro

To illustrate, let's say you're just interested in Cryptocurrencies for short-term speculation and have no intention of actually keeping any of them for the foreseeable future. If so, you may benefit from using a well-known brokerage such as eToro to make trades. More than 90 currency pairings are available for instant, low-effort trading on eToro. Among this broker's main selling points is the ability to mimic the trades of prosperous investors.

        5. BlockFi

Consider BlockFi as an alternative to a traditional savings account, where your money would earn next to nothing in interest. The site advertises a potential return of 3%-7.5% per year on your Cryptocurrency investments. Getting started with BlockFi and earning money is simple, and it doesn't need you to establish a new portfolio. If you utilize your current portfolio, you may receive additional to 4% a year in interest. Those looking to earn the most from their BlockFi investments should think about putting their money into stablecoins including USDC or GUSD, that could indeed offer returns of up to 7.5% per year.

        6. WazirX

In any case, this program is rapidly becoming one of the most popular ways to trade bitcoin throughout the world, and India is no exception. WazirX enables traders to purchase Bitcoin, Ethereum, Ripple, and many more Cryptos in a single transaction. The high level of security offered by this Cryptocurrency app is a major selling point.

        7. WeBull

WeBull is unique among these programs in that it allows users to invest in bitcoin in addition to traditional assets including shares, choices, as well as margins. Among the reasons newcomers would enjoy WeBull is the attractive smartphone application which makes it simple to deal with. WeBull's only real drawback is that it doesn't provide any news articles that would be useful for novice traders just starting out. But it compensates up for the absence of news reports with a plethora of useful extras as well as a simple interface.

        8. Krypto

Besides India, such a Crypto app is widely used in more than 150 other nations. Krypto's rising popularity can be attributed to many factors, including its quick processing time, adaptability, as well as straightforward connection.

        9. Blockchain.com

Blockchain, also one of the leading Crypto applications, has developed a user-friendly interface for newcomers. Bitcoin and other Cryptocurrencies are supported by Blockchain, and users may simply store, acquire, trade, and manage their holdings. Buying, selling, and exchanging various Cryptocurrencies as well as currency amounts are all possible within the application. Among the best Crypto wallets, the digital wallet also functions as an interest account, where you can earn up to 12% on your cash reserves.

         10. CoinSwitchKuber

CoinSwitchKuber's easy-to-use interface and friendly customer service have won many consumers, particularly those new to the Cryptocurrency sector, according to the company's stated goal of "democratizing Crypto investing." More than 150 nations, such as India, have given this Cryptocurrency application a good rating.

The Bottomline

You don't need any prior knowledge of Cryptocurrencies to use the applications included here; they'll guide you through the process of buying and selling coins, managing your portfolios, as well as storing your money safely online. There are pros and cons to using each application, so it's important to have a clear goal in mind before settling on one.

Disclaimer: The author’s thoughts and comments are solely for educational reasons and informative purposes only. They do not represent financial, investment, or other advice.