The best crypto apps for beginners offer user-friendly interfaces, educational features, and secure trading environments. This guide highlights platforms that provide an intuitive experience for new users, with features including crypto wallets for beginners, low transaction fees, and portfolio tracking, making them ideal for those starting their web3 journey. Here’s our top selection of crypto exchanges and apps for beginners.
Methodology
Our comprehensive guide “10 Best Crypto Exchanges and Apps for Beginners in 2024” features a meticulously chosen array of cryptocurrency platforms, including exchanges like Coinbase, Kraken, Bitget, BYDFi, and Binance. Additionally, we explore crypto apps such as OKX, KuCoin, Bybit, and eToro. These platforms were selected through rigorous evaluation tailored to meet the needs of both new and experienced investors, with each platform undergoing extensive testing over six months. Here’s a brief overview of why each was chosen.
Coinbase:
• User-friendly interface, ideal for beginners.
• A wide range of supported cryptocurrencies.
• Affordable trading fees compared to some other platforms.
Kraken:
• Low trading fees and volume-based discounts.
• A diverse selection of cryptocurrencies, including low-cost options.
• Advanced trading features for experienced traders.
Bitget:
• User-friendly interface suitable for beginners.
• Low transaction fees, making it accessible for newcomers.
• Variety of trading options, including spot and futures trading..
BYDFi:
• Offers spot and perpetual contracts trading with leverage.
• Known for robust security and a user-friendly interface.
• One of the few no KYC crypto exchanges available.
Binance:
• Extensive range of cryptocurrency pairs with high liquidity.
• Competitive trading fees and discounts for Binance Coin (BNB) holders.
• User-friendly interface and advanced trading features.
OKX:
• A versatile platform with a wide range of altcoins and trading pairs.
• Competitive trading fees and discounts for OKX token holders.
• User-friendly interface and features suitable for both beginners and experienced traders.
KuCoin:
• Competitive trading fees and discounts for KuCoin token holders.
• A variety of low-cost altcoins and trading pairs.
• User-friendly trading platform suitable for traders of all levels.
Bybit:
• Specializes in derivatives and spot trading with leverage.
• High-performance trading engine for efficient trading.
• Innovative features like leveraged tokens and copy trading.
eToro:
• Social trading and copy trading features for easy investment.
• Diverse asset classes, including cryptocurrencies and stocks.
• Regulatory compliance and a user-friendly interface.
MEXC:
• Intuitive UI, making it easy for beginners to navigate.
• Robust security protocols to protect users’ assets.
• Supports multiple payment methods for ease of use.
Learn more about BeInCrypto’s verification methodology here.
- What are the 10 best crypto apps for beginners?
- 1. Coinbase
- 2. Kraken
- 3. Bitget
- 4. BYDFi
- 5. Binance
- 6. OKX
- 7. KuCoin
- 8. Bybit
- 9. eToro
- 10. MEXC
- Top exchanges compared
- What are crypto apps?
- Selecting the ideal crypto app for your needs
- How do cryptocurrency apps work?
- Types of crypto apps
- What’s the best crypto app to use without KYC?
- Ready for your first crypto trades?
- Frequently asked questions
What are the 10 best crypto apps for beginners?
1. Coinbase
Coinbase is often considered one of the top cryptocurrency exchanges for beginners — and for good reason.
This platform provides a wide variety of crypto, from well-known coins to unique digital assets that might attract more experienced investors. For newbies, Coinbase shines as it is one of the user-friendly crypto apps, making it a great starting point.
It’s known for its strong security, and offers features significant educational resources, making it one of the best crypto apps for those taking their first steps within the decentralized ecosystem. While it might have higher fees than other options, its large trade volume is crucial, and the app puts convenience and usability front and center.
Overall, Coinbase blends educational features, a beginner-friendly cryptocurrency wallet, and advanced options in a way that’s accessible for new users, while still offering the depth required by seasoned traders.
- User-friendly interface
- Very good user reviews
- Additional passive income through staking
- Higher trading fees than other exchanges
- Payment limitation depending on location
Offers over 200 popular cryptos
User-friendly interface
Advanced trading platform available
Strong security record
Regulatory compliance
Custodial and non-custodial wallet options
Multiple payment methods
2. Kraken
Kraken is a standout choice among cryptocurrency platforms and is especially known for its competitive, low-spread trading. It’s a great option for those new to the crypto world due to its user-friendly approach.
For beginners who are progressing and want to explore beyond basic trading, Kraken Pro provides tools to handle market changes smartly. Kraken Pro also supports margin and futures trading, giving new traders the chance to experiment with different strategies at their own pace.
Kraken is also celebrated for its strong security measures and clear fee structure, making it a secure and transparent choice for beginners. The platform’s straightforward fees and information mean beginners can make informed trades without hidden costs.
- 200+ cryptocurrencies
- Low trading fees
- Highly liquidity for trading pairs
- The user-interface might seem complicated for some
- Limited account funding options
Low trading fees
24/7 live customer support chat
200+ tradable cryptocurrencies
Educational resources
Mobile app available for iOS and Android
Advanced trading options for sophisticated trading strategies
Strict KYC and 2FA
90% of digital assets are in cold storage
Regulated by financial authorities (FinCEN in the U.S. and FCA in the U.K.)
3. Bitget
Bitget is recognized as one of the top crypto exchanges thanks to its feature set that caters well to both beginners and seasoned traders.
The platform prioritizes user security with various protocols, ensuring the safety of both the exchange and wallets, which is crucial for newcomers concerned about their investment. Licensed in multiple regions, Bitget meets strict regulatory standards, enhancing its trustworthiness.
With its competitive fees, Bitget stands out as a low transaction fee platform, ideal for beginners mindful of costs. It also introduces users to the future of finance with its web3 wallet, attracting a large user base and presenting innovative trading options.
These features solidify Bitget’s status as a leading choice in the U.S. for those new to cryptocurrency trading, offering a user-friendly crypto app that beginners can rely on for trading Bitcoin and other digital currencies.
- Diverse trading options
- Staking options
- Web3-focused wallet
- Competitive fee structure
- Copy trading feature
- Great security
- Limited fiat support
- There is a learning curve for beginners
- Unverified users have fewer options
Spot and futures trading
Up to 125x leverage
Copy trading
Bitget Wallet
Bitget Earn
Trading bots
4. BYDFi
BYDFi in a newer cryptocurrency exchange market. Though it is fairly young, BYDFi competes with long-established platforms by offering a comprehensive array of features, still with potential for further growth in offerings.
The platform boasts over 400 trading pairs, including Bitcoin, making it suitable for a variety of trading approaches. Whether you’re a beginner interested in straightforward spot trading or an advanced trader looking into perpetual contracts with up to 100x leverage, BYDFi has options for everyone.
With its focus on an easy-to-navigate trading interface, strong security measures, and a wide range of trading options, BYDFi is an appealing choice for beginner traders or those looking to dive deeper into Bitcoin and other cryptocurrencies.
Its dedication to clear pricing, low fees, and narrow spreads makes it a particularly attractive exchange for new traders entering the fast-paced crypto market.
- Low trading fees
- Accepts over 50 fiat currencies
- Offers both an online wallet and cold storage
- Doesn’t offer staking and lending
- Deposited funds are not insured
Available in 150+ countries
Robust market liquidity with $250 million 24-hour trading volume
Offers tiered spot trading options from classical to advanced interfaces
Perpetual futures with up to 100x leverage for both USDT and coin-margined contracts
Features leveraged tokens for spot trading
Copy trading
Advanced security
5. Binance
Binance is recognized as one of the leading and most affordable cryptocurrency exchanges. This platform presents a broad selection of low-cost cryptocurrencies, establishing it as one of the most economical options for crypto trading. Supporting a vast array of cryptocurrencies and altcoin pairs, Binance offers cost-effective trading opportunities for budget-conscious users.
The platform includes services like spot and derivatives trading alongside opportunities for passive income, such as staking and participating in liquidity pools, making it easier for users to engage with inexpensive crypto assets for potential profit.
Binance merges low costs with high-level security, comprehensive trading options, and educational materials, providing an accessible crypto environment for traders at any skill level.
- High liquidity
- Over 1400 cryptocurrency pairs
- Cheapest crypto trading fees
- Robust security measures
- Fast and effective P2P trading options
- Customer service might be slow
- Geographic restrictions may impact fiat deposit and withdrawal options
- Limited selection of cryptocurrencies available for trading in the U.S.
Spot and derivatives trading
Peer-to-peer (P2P) trading
Binance Earn (staking)
Binance Academy (educational resources on cryptocurrency and trading)
API support
2FA and advanced encryption
Mobile app
Multiple payment options
6. OKX
OKX stands out as one of the top apps for crypto beginners. Its international presence, serving users in more than 100 countries and offering over 300 different cryptocurrencies, creates a rich and diverse trading landscape. Despite being very easy for beginners to navigate, the app offers a wide variety of trading opportunities, such as spot, derivatives, and margin trading, catering to users of all experience levels. This means it is an exchange users can grow with.
Moreover, OKX’s emphasis on web3 and decentralized finance, offering features like staking, mining pools, and DeFi strategies, places it at the cutting edge of current crypto trading practices. The addition of an integrated web wallet enhances both convenience and security for users, making OKX a particularly user-friendly platform for those new to cryptocurrency.
- Extensive cryptocurrency support
- Web3 and DeFi focus
- High trading volumes
- Not available in the U.S.
- Learning curve for absolute beginners
- Regulatory challenges
Global accessibility
Web3 features
Wide range of services (spot, derivatives, options, perpetual and margin trading)
Integrated web wallet
7. KuCoin
KuCoin stands out as one of the best crypto apps for beginners due to its affordability and broad cryptocurrency support, including niche options not typically available on other centralized exchanges (CEXs).
The platform is particularly attractive for its low trading fees, making it an excellent choice for those new to crypto looking to save on costs. While it provides high liquidity and advanced features such as margin trading and trading bots, which might appeal more to seasoned traders, its straightforward interface still makes it accessible for beginners. However, one important point for users to consider is that KuCoin does not hold U.S. licensing.
- Competitive trading fees
- Offers a crypto credit card
- Wide range of cryptos
- Offers staking and lending services
- Strong customer service support
- Limited payment methods available
- Limited availability of educational resources
- Not registered in the U.S.
Extensive cryptocurrency support
Leveraged trading, margin trading, and trading bots
KuCoin’s native token (KCS) offers reduced fees and rewards
8. Bybit
Bybit is renowned as one of the most cost-effective crypto platforms, perfect for beginners. It boasts a broad selection of derivatives and spot trading opportunities, positioning it as a top choice for those looking for affordable cryptocurrency trading options.
The platform is designed to be user-friendly, offering a variety of altcoin trading pairs with the option for high leverage, enabling beginners to dive into low-cost altcoins and potentially make cost-effective gains.
Its fast transaction engine promotes quick and inexpensive trades, while stringent security measures ensure a secure trading experience. Additionally, Bybit introduces innovative features such as leveraged tokens and copy trading, making it an attractive, budget-friendly, and accessible platform for newcomers to the crypto world.
- Offers a wide range of cryptos
- Quick order matching
- Over 10 million users
- Stringent security protocols
- Complex for beginners
- Limited availability in certain regions, including the U.S.
- Inefficient customer support
Futures and perpetual contracts with high-leverage options
Altcoin trading with built-in leverage
Copy trading
Advanced trading interface
Fast transaction processing
Bybit wallet
Multiple deposit and withdrawal options
9. eToro
$100 – for US
eToro stands out as an excellent crypto app for beginners interested in diving into the world of digital asset trading. Its main attraction is the simplicity and strong support it offers to new users. The platform is particularly noted for facilitating instant Bitcoin purchases with a user-friendly buying process, making it perfectly suited for those new to cryptocurrency trading.
eToro places a strong emphasis on education, offering a variety of concise and informative tutorials on fundamental topics like Bitcoin basics and straightforward financial concepts, thereby solidifying its reputation for affordable trading and clear fee structures.
Moreover, eToro’s unique CopyTrader feature allows beginners to tap into the liquidity of the crypto market by copying the trades of experienced investors, merging the benefits of low spread trading with the opportunity for educational advancement.
- Social media feed that helps traders connect with the community
- CopyTrader function
- Provides educational resources
- Trade crypto, stocks and ETFs on the same platform
- Regulated by the FinCEN
- Crypto fees and spreads are higher compared to competitors
- Limited range of cryptocurrencies
- Crypto withdrawals take a few days
- Lacks crypto-to-crypto trading pairs
Stocks, cryptocurrencies, ETFs, and options trading
No commission for stocks and ETFs
CopyTrader feature
Demo trading account
eToro club membership
Social media feed for traders to connect and share insights
Allows investment in thematic portfolios
Buy fractional shares with a minimum of $10 per trade
$10 minimum deposit
10. MEXC
MEXC is regarded as one of the top crypto apps for beginners, thanks to its user-friendly P2P (peer-to-peer) marketplace. This platform is trusted for facilitating direct cryptocurrency transactions between users, serving over 7 million traders across 200 regions. It accommodates a global audience by supporting multiple languages and offering a wide range of payment options.
Key features that make MEXC stand out include its real-time chat, which allows for effortless communication between users, and a 24/7 help center, ensuring support is available at all times. The platform is particularly beginner-friendly, with a straightforward interface and zero maker and taker fees, making it cost-effective for new users.
With compatibility across all devices, MEXC app offers a seamless, secure, and accessible trading environment for beginners.
- Zero fees for spot trading
- 24/7 help center
- Educational tutorials
- Global availability
- Very limited range of fiat currencies
User-friendly P2P marketplace
Supports over 7 million traders globally
Available in multiple languages
Offers a variety of payment methods
Real-time user communication chat
24/7 help center
Zero fees for spot trading
Robust encryption for user safety
Compatible across all devices
Top exchanges compared
| Crypto | Regulation | Cryptos | Fees | Minimum deposit |
| Coinbase | FCA, most U.S. states | 240+ | Up to 0.6% + spread | $2 |
| Kraken | FCA | 240+ | 0.16% maker 0.26% taker | $1 |
| Bitget | none | 650+ | 0.10% | $1 |
| BYDFi | U.S. and Canada MSB dual license | 360+ | 0.1% maker 0.3% /taker | $50 |
| Binance | AMF | 600+ | 0.1% or less | $1 |
| OKX | VARA | 300+ | 0.08% maker 0.10% taker | $1 |
| KuCoin | None | 760+ | 0.10% or lower | $1 |
| Bybit | CySEC | 540+ | 0.10% | $1 |
| eToro | FCA, CySEC | 70+ | 1% + spread | $10 |
| MEXC | AMF | 1800+ | 0.1% or less | $0 |
What are crypto apps?
A crypto app is a software program that allows you to buy, sell, and manage your cryptocurrency securely and efficiently. These apps are designed to be user-friendly, making them ideal for beginners in the cryptocurrency world. They often serve as a cryptocurrency wallet for beginners, where you can store, send, and receive digital currencies like Bitcoin and Ethereum.
The best crypto apps for beginners typically offer educational features to help users understand the crypto market and an intuitive UI (user interface) that makes navigation simple. They may include services like crypto exchanges for newbies, where you can trade cryptocurrencies, and low transaction fee platforms to save on costs.
Secure crypto apps provide enhanced security measures to protect your funds, such as encryption and non-custodial wallet options, where you control your private keys. They also offer portfolio tracking for beginners, allowing you to monitor your investments easily.
Examples of popular crypto apps and exchanges include Coinbase, a well-known cryptocurrency exchange, and MetaMask, a browser extension that functions as a decentralized exchange and wallet. These platforms often integrate educational resources, making them some of the best crypto apps for beginners looking to dive into the world of digital currencies.
Selecting the ideal crypto app for your needs
When choosing the best crypto app, consider factors that cater to your needs as a beginner. Look for the best crypto exchanges for beginners that offer straightforward user interfaces, educational resources, and robust customer support. It’s important to consider additional features, such as the availability of crypto portfolio trackers, which help you monitor your investments over time. Opt for apps that offer a UI so you can navigate the platform easily without extensive prior knowledge.
It’s also beneficial to choose platforms known for their low transaction fee structures to maximize your investments. Ensure the app has a reputation for being secure and has robust safety measures in place to protect your assets. Finally, consider the platform’s community and customer support, as accessible help can be crucial for beginners navigating their first transactions or facing issues.
Also, explore the best Bitcoin exchanges that offer low fees, strong security measures, and a range of other cryptocurrencies. Your choice should align with your investment goals, security requirements, and the level of support you need as you navigate the crypto space.
How do cryptocurrency apps work?
Cryptocurrency apps are platforms where users can trade, store, and manage their digital assets. They facilitate spot trading, where you can buy and sell cryptocurrencies at current market prices. Users can trade in real-time with various cryptocurrencies, leveraging the app’s tools and data analytics to make informed decisions.
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In terms of storage, these apps often guide users on how to set up a crypto wallet. This process typically involves creating an account, securing it with a strong password, and backing up a private key or seed phrase crucial for accessing your digital currencies. The wallet within the app allows you to send, receive, and store cryptocurrencies securely. Cryptocurrency apps also provide market insights, educational resources, and transaction history to help users manage their portfolios effectively.
Types of crypto apps
Cryptocurrency apps can be categorized into various types, each serving different functions within the digital asset ecosystem.
Each type of crypto app plays a vital role in the digital currency landscape, offering tools and services tailored to the diverse needs of their users. For beginners, the best crypto apps are those that balance educational resources, ease of use (user-friendly crypto apps), and security (secure crypto apps), ensuring a safe and informative entry into cryptocurrency trading and investment.
Here are the main types of crypto apps:
1. Cryptocurrency exchanges
Platforms like Coinbase are known as cryptocurrency exchanges where users can buy, sell, and trade a variety of digital currencies. These are among the best crypto apps for beginners due to their user-friendly interfaces and intuitive navigation (intuitive UI for beginners). They provide a gateway for new users to engage in spot trading and other investment activities.
Decentralized exchanges (DEXs)
Unlike traditional exchanges, decentralized exchanges offer peer-to-peer trading without central authority control. Apps supporting DEXs, like MetaMask, provide enhanced security and privacy, catering to users interested in a more hands-off approach by the entity running the exchange.
Cryptocurrency wallets
These apps store users’ public and private keys and interact with various blockchains to enable users to send and receive digital currency and monitor their balance.
Wallets can be custodial, where the service holds the keys (less common for beginners due to security concerns), or non-custodial wallets, which grant users full control over their keys and assets, enhancing security for the user.
Portfolio trackers
For individuals looking to monitor their investments and performance across various platforms, portfolio trackers offer a comprehensive view of one’s assets. These apps are beneficial for beginners and seasoned traders alike, providing insights and analytics to inform better decision-making.
What’s the best crypto app to use without KYC?
The best app to buy crypto without KYC often depends on your needs as a beginner. Decentralized exchanges (DEXs) are typically the go-to for buying crypto without ID verification. They offer a platform where users can trade directly with each other without needing an intermediary. While they may not require personal information, remember that secure crypto apps are important; ensure the DEX you choose has robust security features.
Non-custodial wallets paired with these exchanges give you control over your keys and funds, adding an extra layer of security. However, keep in mind that while these platforms may not require verification, they might have limitations on trading volumes or available features compared to fully verified accounts.
Ready for your first crypto trades?
The ideal crypto platforms for beginners should be secure, user-friendly, and educational. Choose apps with intuitive interfaces, robust security measures, and helpful learning resources. Whether opting for a traditional or decentralized exchange, ensure it aligns with your needs, offering a mix of ease, safety, and knowledge, particularly through features like non-custodial wallets. Start your crypto journey with the right app to trade confidently and safely. Always DYOR, and never invest more than you can afford to lose.
Frequently asked questions
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