Top Crypto Apps for New Investors

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Investing in cryptocurrency without prior experience can be intimidating at first, but luckily hundreds of digital resources exist to assist new investors in the process. That’s why we’ve compiled a list of the top crypto apps of 2021 to help you learn the ins and outs of the crypto industry. The applications we’ve decided to highlight are as follows:

  • Coinbase

  • Gemini

  • Sofi

  • Blockfolio

Continue reading to learn more about the specific benefits of each of these top crypto apps and how they can help you become the smartest crypto investor in the game.

Why Use a Crypto App?

Before delving into the specifics of each crypto app, it’s essential to understand the utility of these mobile applications and how they work to benefit both new and experienced users alike. 

A defining feature of all unique cryptocurrencies (including Bitcoin, Litecoin, and Ethereum) is their high volatility on the market. Hundreds of factors contribute to crypto valuation, and fluctuations, notably because such currencies operate via buy-sell cycles fueled by public speculation. Positive or negative press, mass liquidation, price bubbles, new tax laws, and limited trade ability all play a part in governing the capricious values of cryptocurrencies. 

Bitcoin, for instance, can experience both monumental price rallies and intense market crashes within the span of mere months or even days. That’s why it’s imperative to have constant, on-the-go access to your crypto wallet; efficient crypto apps help users stay plugged into real-time industry news, investment trends, and trading data. 

Moreover, crypto apps also act as a supportive resource for their users. Experts affirm that it is never too late to buy into the industry when it comes to new users who may be hesitant to engage with crypto. In fact, thousands of first-time users enter the market every day and have found massive success through a tactical combination of education, strategizing, and cybersecurity awareness. Crypto apps can help new users gain proficiency in all of these areas mentioned above and provide a whole host of other benefits to boot.

The Top Crypto Apps of 2021

The following app options can be smart and valuable assets for new users who don’t want to tackle a foreign market alone. Discover how each app offers an array of diverse benefits for modern crypto enthusiasts.

Coinbase

Coinbase is popularly regarded as the “industry standard” for crypto trading by most regulatory bodies. According to The New York Times, “it was the first major cryptocurrency start-up to go public on a U.S. stock market.” Its trading bases serve over 56 million users, and new members can join by simply linking to their bank account or debit card. Coinbase also provides users with the latest industry news and coin performance monitoring. 


Coinbase is especially ideal for new users looking to build up their knowledge base, considering it hosts ample educational resources detailing insider trading tips and beginner best practices. Their blog is regularly updated and includes information on key terms and jargon, how-to’s, multimedia learning tools, and much more. Plus, new users are gifted small sums of Bitcoin once they’ve completed their account sign-up.

Gemini

Gemini is similarly geared towards new users, widely known for its easy-to-use platform tools and relatively simple trading infrastructure. With real-time price alerts, users can act and react to the moving targets of their assets, making important decisions with up-to-date information. 


Gemini is constantly lauded for taking a highly proactive approach to cybersecurity for new users feeling trepidation surrounding the security concerns of handling valuable assets on unprotected mobile devices. It boasts two-factor authentication for all account access and keeps most assets in cold storage. Cold storage means that crypto is stored offline and entirely autonomous from Internet access (even regarding user withdrawal), reducing a wallet’s susceptibility to malicious attack.

Sofi

Sofi is vastly different from other crypto apps in that it isn’t just a crypto app. Sofi was designed as an all-in-one solution to the management discrepancies inherent to disparate banking and financial accounts; the platform offers opportunities for more traditional fiat investment by way of stocks and equity-traded funds (ETFs), as well as debit cards, loan, credit monitoring, and, of course, crypto trade.

Sofi is ideal for new users who want to keep their crypto assets in line with other more conventional capital. Though crypto can’t be moved outside of a SoFi Invest account, it has far cheaper fees per transaction than its other counterparts, with a $0 trading commission and $0 account minimum that appeases many first-time investors hesitant to make “risky” transactions. 

Blockfolio

Blockfolio, though it’s certainly used for buying, selling, and trading crypto is best known for its performance as a portfolio tracking app. Since its release in 2014, Blockfolio has consistently helped millions of new users simplify the exhausting process of keeping tabs on their crypto holdings. The app synthesizes hundreds, even thousands, of personal assets across different wallets, exchanges, and accounts to provide a centralized tracking portfolio. 

The Blockfolio app allows for a high caliber of customization and personalization in each individual’s user dashboard, making watchlists and viewing data completely legible by eliminating extraneous noise. Users need only focus on the daily performances of their most interesting assets. Overall, portfolios as a whole are useful for those who like to diversify and desire the ability to synthesize their daily profits and losses for over 8,000 digital cryptocurrencies.

Stay On Top of the Market With Pelicoin ATMs

After learning more about the top crypto apps and how they can help you invest, manage and monitor your cryptocurrency, you’re probably wondering how you can join the ranks of those who incorporate the use of cryptocurrencies in their everyday lives. 


Pelicoin’s ATM network is the fastest and most secure way to conduct your crypto transactions with ease. With kiosks spanning the entirety of the Gulf South, find the nearest Pelicoin ATM location and turn cash into cryptocurrency whenever and wherever you need it. Read more about our services on our website today.