Look No Further, Here are the 5 Best Crypto Trading/Payment Apps You Need to Know About

There’s absolutely no denying the fact that the crypto industry has flourished and grown at a staggering pace over the last couple of years, something that is made evident by the fact that the total market capitalization of this space rose from $1 trillion to a whopping $2 trillion over the course of Q2, 2021 alone. 

From a payments standpoint, the recent growth of the stablecoin market serves as a tangible indicator for growing demand regarding crypto assets, especially for remittance related purposes. To put things into perspective, since the start of the year, the total number of USDC —  a US dollar value-backed stablecoin —  in circulation has risen by a staggering 5 times over. Not only that, during the same time frame, USDT, another dollar-backed stablecoin, has seen its circulation rise from 4 billion to over 64 billion.

That said, in this article, we will seek to list out some of the most efficacious, all-inclusive crypto-financial platforms that are designed to meet all of your digital currency needs seamlessly. So without any further ado, let’s get straight into the heart of the matter. 

If you want to buy cryptocurrencies you may read a comprehensive hotforex review to find out more on the best available options .

Bitpay

As the name seems to quite clearly suggest, BitPay is a bitcoin payment service provider that has been around for nearly a decade. Using the platform, merchants can gain seamless access to a host of Bitcoin and Bitcoin Cash payment processing services. Similarly, using the BitPay App, crypto owners can securely send, receive, store and even buy crypto.

Lastly, the BitPay Card is another unique offering that people can make use of. It is basically a Mastercard-backed cryptocurrency debit card that enables users to spend their BTC across the former’s massive merchant network.

hi

The second entry on our list is hi, a not-for-profit, community-powered financial services platform which recently crossed the mark of 1M users in a staggering pace of under six months since it was founded. The hi platform features a well-developed web app as well as a sophisticated chat-bot powered messaging interface functional on Telegram and Whatsapp. The service affords users the ability to seamlessly utilize fiat as well as crypto assets.

On a technical note, hi’s financial ecosystem comes complete with a native crypto token that can be used to facilitate a variety of different monetary/transactional processes. As aforementioned, the platform is currently live on a number of prominent messaging services such as Telegram, WhatsApp, effectively allowing beta users to send/convert money via these mainstream avenues with the touch of a button. Interested users can also acquire hi Dollars via Uniswap.

eToro

Founded back in 2006, eToro is an Israeli social trading and multi-asset brokerage company that provides users with seamless access to a host of unique crypto offerings — including tokens, derivatives, ETFs — as well as traditional options such as stocks, indices, commodities. Between 2018 and 2020, the company’s valuation grew from $800 million to over $2.5 billion, thanks in large part to the platform offering its clients the best of both crypto and fiat.

Lastly, it should be highlighted that eToro boasts of a 6+ million-strong user base, allowing customers to make long-term investments as well as participate in a wide array of day trading activities quite seamlessly.

Electroneum

In its most basic sense, Electroneum (or ETN for short) can be thought of as a digital smartphone-based cryptocurrency payment system. The platform seeks to make international payments hassle-free while providing individuals living in developing countries seamless access to a host of high-quality financial services.

Over the last couple of years, Electroneum has been expanding its list of real-world use cases by gradually allowing users to pay their bills using ETN. In this regard, the company has brokered deals with major telecom firms across the globe with the aim of fostering the use of its native crypto token. 

Crypto.com

The last entry on our list is Crypto.com, an all-in-one digital asset platform that allows users to buy, sell, or trade a wide array of cryptos while ensuring a high degree of fund security. The platform comes replete with its very own native crypto — called CRO — which can be used for facilitating monetary transactions as well as employed for various incentive-driven activities such as staking, farming, etc.

Also, when compared with other popular trading platforms such as Coinbase, Crypto.com is much cheaper, thanks, in large part, to its well-designed maker-taker pricing structure which is designed to reward users with higher trading volumes. Lastly, Crypto.com enables users to earn sizable interest — that is significantly more than what any savings bank account can offer — on their deposits seamlessly.