Are you looking for the best apps to buy cryptocurrency?
Cryptocurrency applications are software that allows users to buy, sell and manage cryptocurrency. These apps may provide a range of services, such as allowing users to buy, sell, or trade cryptocurrencies, manage their cryptocurrency wallets, or track cryptocurrency prices and market data.
It is important to know the risks associated with trading cryptocurrency and also do your in-depth research before sticking to any platform.
This article will help you with 5 best apps to buy cryptocurrency from, no matter how little your knowledge of cryptocurrency is.
5 Best Apps to Buy Cryptocurrency
1. Binance
When it comes to buying cryptocurrencies, Binance is one of the best apps you can trust to deliver. Binance is a popular cryptocurrency platform that has made its ground in many countries. It is one of the best apps to buy cryptocurrency.
Whether iOS or Android, you can download the Binance app and get started on buying cryptocurrency.
On the Binance app, you can buy and sell different cryptocurrencies and also be assured of secure storage options.
How to Buy Cryptocurrency on Binance App
1. Sign up or log in to the Binance app
The first step to buying cryptocurrencies on Binance is signing up on the Binance app if you’re not a registered user. But, if you are, all you need to do is log into your account.
2. Click ‘Buy Now’
On the Homepage, you’d see the ‘buy Now’ icon. Click on it and you’ll be directed to where you can buy different cryptocurrencies.
3. Choose and Cryptocurrency of your choice.
After clicking the ‘Buy Now’ icon, go ahead and select your choice of cryptocurrency. You can choose to buy crypto with different fiat currencies. Type in the fiat amount you’re willing to spend and you’ll be shown the number of crypto you can get for that amount.
4. Click ‘Continue’
When you click continue, you will be directed to make payments. Choose your preferred method of buying your cryptocurrency and proceed to make payments.
Your card will be added and then you can click ‘continue’ again.
5. Enter your OTP
You’ll be taken to the OTP Transaction Page for your bank. Follow the instructions on the screen to confirm the payment.
Following that, the cryptocurrency you bought will immediately visible in your Binance Spot Wallet.
2. Quidax
Quidax is a cryptocurrency exchange that allows users to buy and sell different types of cryptocurrency. Quidax app offers numerous cryptocurrency options, including Bitcoin, Ethereum, and Litecoin, among others.
As a regulated exchange, there are certain rules that guide users’ activities and also protect them to ensure a safe transaction on the platform.
Quidax is a Nigerian-based cryptocurrency exchange that offers a wide range of features and services. It has a mobile app that is available on both iOS and Android, making it easy to access with any phone you’re using. It is one of the best apps to buy cryptocurrency.
To buy cryptocurrency on Quidax, you will need to follow these steps:
1. Sign up for an account
If you don’t already have an account on Quidax, you can sign up for an account by filling in your information where necessary and also providing your email address and password.
2. Verify your account.
After creating your account, you will be required to verify your account. This will be done by verifying your identity and residence which might involve you uploading some of your credentials.
3. Fund your account
After verification, you can now fund your account to begin buying cryptocurrency. Quidax supports several payment methods, including bank transfers and debit/credit card payments.
4. Pick desired cryptocurrency
After funding, you should pick the cryptocurrency you want to buy. Quidax offers a wide range of cryptocurrency options, including Bitcoin, Ethereum, and Litecoin, among others.
Pick your desired cryptocurrency and place your order by specifying the amount of cryptocurrency you want to buy and the price you’re willing to pay.
Once your order is completed, your cryptocurrency will be stored in your Quidax account. You can monitor the value of your investments and sell them at any time by placing a sell order.
3. Luno
Luno is a cryptocurrency exchange app that offers a unique interface that is easy to understand by beginners or newbies.
You can buy cryptocurrency on the Luno app which is available for iOS and Android users. You can buy different cryptocurrencies like Bitcoin, Ethereum, and Litecoin, amongst others.
The following steps are to be followed if you want to buy cryptocurrency on Luno.
1. Create an account
The first thing you have to do is download the Luno app and sign up on the platform. Make sure you fill in your correct details. You should also enter your email address and provide a password that you can easily remember.
2. Verify your email
A verification mail will be sent to you and you will be required to click it and verify your email address. You will also need to provide some of your identification documents.
To verify your identity, you can head over to Profile >> Settings >> Verification to get started.
3. Make a deposit
After verification, the next thing to do is fund your account with money that you can use to buy cryptocurrency using your bank account or debit/credit card.
To do this:
1. Select Wallets from the menu
2. Open up your local currency wallet
3. Select DEPOSIT to get started
Then follow the procedures to complete your transaction.
4. Buy your cryptocurrency
Now that you’ve funded your account, go ahead to buy your cryptocurrency.
Click Wallets from the menu
Select the wallet for the crypto you want to buy (or add a new wallet if you don’t see the one you want).
In your crypto wallet, select BUY near the top of the screen.
Decide whether you want to make a Once-off purchase, or set up a Repeat buy and pick your choice.
4. SnappyExchange
SnappyExchange is one of the best apps to buy cryptocurrency. Personally, we recommend SnappyExchange. It is tested, trusted and reliable.
How To Buy Cryptocurrency From SnappyExchange
1. Download the SnappyExchange App.
If you don’t have the SnappyExchange App on your Android or iOS, you can download the app from play store.
2. Sign Up
After installing the app, register your details and sign up.
3. Verify your Email
After signing up, you will be required to verify your email. Open your Gmail app and click the “verify” icon.
4. Click the Cryptocurrency Icon
Click on the cryptocurrency icon on the homepage, select any coin of your choice and choose the buy option.
5. Click “Complete KYC”
Without completing your KYC, you won’t be able to buy cryptocurrency. To complete your KYC you will be asked questions about your identity.
You’d need your means of identification like a driver’s license, voter’s card, international passport, or national ID.
You will also be required to make a selfie video of yourself saying a script.
5. Buy Coins
BuyCoins is a Nigerian-based crypto app that is focused on providing a simple and convenient way for users to buy and sell cryptocurrency. It offers a range of payment options, including bank transfer, credit/debit card, and mobile money, and has a mobile app that is available on both iOS and Android.
It is one of the best apps to buy cryptocurrency.
To buy cryptocurrency on BuyCoins, follow these steps.
1. Download the app and sign up
The first step to buying cryptocurrency on Buycoins is downloading the app on iOS or android.
After downloading, go ahead and sign up with your personal details.
2. Link your bank account
After signing up, you should link your bank account to the app so you can make deposits and withdrawals.
3. Top up your account
Finally, you can top up your account with funds before you are granted access to start trading your favorite coins.
Conclusion
Among the listed apps to buy cryptocurrency, our personal recommendation is the SnappyExchange App.
It doesn’t matter if you’re a newbie in the world of cryptocurrency but want to get started, you can find your way around the app and also have different cryptocurrencies to choose from.
Nevertheless, when choosing any of these apps, it is important to consider your preference as an individual. You can consider things like the types of Cryptocurrencies you can buy on the app, other services rendered on the app, the fees, etc.
The best apps to buy cryptocurrency has been listed in this article, all you need to do is pick the most suitable for you. As a beginner or an expert, you can get started with the SnappyExchange App.
