Mobile cryptocurrency trading apps are a must-have for devotees who want to trade cryptos from anywhere, anytime. Indeed, cryptos are very volatile assets and that’s why the Central Bank of Nigeria banned crypto transactions in the country. However, the markets are open 24 hours a day, so you have to be ready at any time to take advantage of good deals or sell in order to limit losses. Here are the best crypto trading apps in Nigeria.
Applications indeed give more flexibility than web platforms. But not all are created equal. Let’s see the best mobile apps for trading cryptocurrencies compiled by Naijaknowhow.
List of the Best Mobile Apps for Trading Cryptocurrency
Binance is one of the most popular exchanges in the world. Its application is ideal for beginners because it is simple, intuitive and easy to use. The main advantage of Binance is that the number of cryptos you can trade is large: several hundred.
Binance’s app allows you to buy and sell cryptocurrency with your smartphone and view your transaction history. You will also be able to see and manage your open positions and your portfolios.
For trading, there are different types of basic orders: limit order, market order and stop order. With over 380 currency pairs, Binance’s app gives you a wide choice to trade even the least coveted cryptocurrencies. The application also allows you to buy cryptos with fiat currency by credit card. It is available for iOS and Android.
2. Coinbase Pro
Coinbase is also a popular platform and particularly suitable for beginners. Its mobile app, Coinbase Pro, is available on the App Store and Google Play. It is just as easy to use.
Coinbase Pro is designed for savvy traders who want the information and tools they need to trade from anywhere. It incorporates the candle chart, a market depth chart, the order book as well as all types of orders.
KuCoin is a smaller, less well-known and de facto less “secure” platform. However, it remains easy to use. The platform has a fairly large volume of transactions. Its application is designed for novice traders, but more experienced traders will find all the essential tools to trade properly.
The application has a new simple and intuitive interface. It offers basic functionality such as buying and selling crypto, as well as deposit and withdrawal. It is perfectly synchronized with the web platform.
Support is available directly from the app. When it comes to trading, a dynamic Japanese candlestick chart is integrated. It is possible to set price alerts so that you never run out of interesting opportunities. We also find in the application the possibility of managing several accounts, which can be very practical for the most active cryptocurrency traders.