Choosing the right Crypto Exchange platform

Before we look at the best cryptocurrency apps of 2021, we would like to quickly outline the addon criteria that will select an addon for our requirements.

For example, what are you more interested in: a low commission or a large selection of cryptocurrencies for trading ? Either way, you need to do your research before making a choice.
To help you find the right direction, we offer a review of the best cryptocurrency trading apps in 2021 in our opinion. In addition, we will also talk about the key indicators that you need to pay attention to before choosing an exchange.

In our opinion, the following indicators are the most important:

Traditional ownership or CFD

First of all, you need to figure out what your short-term or long-term strategy is. For example, do you want to buy leading cryptocurrencies like Bitcoin and Ethereum and then hold them for months or years? In this case, you may be better off with a cryptocurrency broker that supports common payment methods.

If you want to actively trade cryptocurrency in order to profit from every price movement, a CFD trading platform will suit you . CFD issuers usually allow you to trade cryptocurrency without any commissions, you will only need to take into account the spread.

Note: CFDs (contracts for difference) track the market price of an asset. It allows you to earn cryptocurrency without owning any coins. At the same time, you are simply speculating on price movements up or down.


Regulation in the space of cryptocurrency trading is a kind of gray area . If you use a CFD provider, the platform is 100% likely to be heavily regulated .

For example, companies such as eToro, IG and Plus500 are licensed by the UK’s Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC) . Other authoritative licensing authorities are the Cyprus Securities and Exchange Commission (CySEC) and the Monetary Authority of Singapore (MAS) .

At the other end of the spectrum are traditional cryptocurrency exchanges like  Binance , which are still largely unregulated. This is somewhat surprising considering the billions of dollars that pass through them every day.

Supported pairs and financial instruments

The term ” cryptocurrency trading ” is quite general, not least because it can refer to several financial products. For example, if you want to trade cryptocurrency against the US dollar , you need to make sure that the program you choose supports pairs with fiat currencies.

In addition, you can trade cryptocurrency cross-pairs .

These are currency pairs that contain two digital assets. For example,  BTC / ETH  or  XRP / ETH . If you are an experienced crypto trader looking to take things to the next level, then you should look into things like margin trading, leverage and short selling.