Bitcoin and other cryptocurrency projects are driving decentralized revolutions in renewable energy, telecommunication, and workplace environments, to name a few, according to the Daily Hodl, an industry site that brought us the below roundup.
Before becoming a cryptocurrency app, TradingView (TV) started out as a charting and idea platform for traditional markets. You can still find just about any stock, bond or currency pair in the world on this platform.
The company added a whole bunch of cryptocurrency pairs into the mix as well.
Coinigy is the new kid on the block. They focus exclusively on cryptocurrencies and provide price feeds from over 40 different exchanges. Coinigy has better portfolio management tools than TradingView. In addition, they provide (API) tools to connect your cryptocurrency accounts directly to your charts so you can trade at a click of a button directly from the charts.
The following apps also provide some charting capability but are, in general, more focused on providing specialized portfolio services.
Blockfolio is a comprehensive portfolio management app which helps investors and traders keep track of their favorite cryptocurrency investments.
CoinTracking is arguably the most comprehensive portfolio tracking application out there. The app analyzes your trades and creates reports in real-time. If you like using a number of exchanges and storing your coins in several locations, then using this cryptocurrency app will make accessing all that info an absolute breeze.
The cryptocurrency app options for news are not particularly packed with features. However, when it comes to news, you’ll definitely want quality content over features.
Cointelegraph was established in 2013 and provides quality news along with their trademark cartoon-like illustrations.
Again, not the most sophisticated of apps. Despite some reports from users with regards to crashes and functionality glitches, Coindesk is recommended for users who keenly follow the CoinDesk news feed.
The main advantage of owning a personal wallet over an exchange wallet is that you truly own your private keys. As a result, this allows you to be your own bank.
The Blockchain Wallet interface is simple and intuitive to use. At this time, the wallet only supports Bitcoin, Ether and Bitcoin Cash but expect more to be added in the coming months as competing wallets enter the marketplace offering more coins.
Blockchain wallet is also slowly adding fiat-to-crypto exchanges in a number of selected countries.
The Bread wallet has been around for a couple of years now and has even been recommended by such bitcoin gurus as Andreas Antonopolous. The Bread team uphold the spirit of cryptocurrency by making the wallet code open-source. Furthermore, your private keys are not held by their servers but by yourself. All transactions happen directly with the appropriate blockchain.
Exchange apps depend for the most part on your personal preference and access in your country. The key difference with exchange apps is that most exchanges hold your private keys. In other words, they are storing your cryptocurrencies for you.
Coinbase has traditionally focused only on a few coins, the core ones: Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. And while they don’t currently offer a wide variety of coins and features, what they do do is provide a rock-solid cryptocurrency exchange. Coinbase is probably considered to be the safest exchange in the world with insurance-backed coin storage and a regulatory friendly environment.
Binance is the largest cryptocurrency exchange in the world with a market capitalization of $1.3 billion. They currently only provide crypto-to-crypto exchange. The slick interface and wide variety of coins provide users with plenty of opportunities to invest in smaller project tokens. For these reasons alone, Binance remains a firm favorite among cryptocurrency enthusiasts worldwide.
Any investor who’s serious about security will want this cryptocurrency app in their collection. It’s no secret that scams are commonplace in the cryptocurrency world. 2 Factor authentication (2FA) is a relatively new security feature which adds a second layer of security to sensitive accounts.
The authenticator app will provide you with a 6 digit number combination that will be required before proceeding with your next step in a login or transfer process. This number updates every 20 seconds or so. What this means is that an attacker would need both your password and your phone to hack into your account.